tomo logo

$350,000

Beds
3
Baths
2.0
sq ft
1,296

5874 Nielson Rd, Phelan, CA 92371

5874 Nielson Rd

Phelan, CA 92371

  • 170 days on market
    • Price drop $20,000↓
**Newly Adjusted Asking Price**This Beautifully updated manufactured home in a rural setting features 3 bedrooms and 2 bathrooms, spanning 1,296 square feet of living space on a spacious 2-acre lot. The master suite includes a walk-in closet, a large tub, and a separate glass-enclosed shower. The kitchen boasts newer cabinets, fresh paint, and granite countertops, complemented by a dining area and a separate eating nook. Enjoy the comfort of central air and heat, along with laminate wood flooring and fresh interior paint throughout. The bright and airy living room offers high ceilings, recessed lighting, and a cozy fireplace. Property is hooked up with public water supply, septic for sewer system. Newly installed Solar Panels-Leased on a monthly of $257.81. This home is part of the Snowline Joint Unified School District, with schools such as Phelan Elementary, Quail Valley Middle, and Serrano High nearby. Must see to appreciate it’s charm and upgrades.

Details

Property type

Manufactured On Land

Est. home value

$354,302

Property condition

Updated/Remodeled

Lot size

1.99 acres

Price per sq ft

$271

Year built

2001

HOA

No

Price History

11/07/2024
CRMLS

CRMLS #CV24131920

Price change
$350,000
-5.41%
09/26/2024
CRMLS

CRMLS #CV24131920

Price change
$370,000
-2.63%
07/09/2024
CRMLS

CRMLS #CV24131920

Listed
$380,000
+11.76%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Serrano

High school district: 

Snowline Joint Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$22,698
Asking price
$350,000
Closing costs (~8% of asking)
-$28,000
Est. remaining loan balance
-$299,302
Cash to seller
$22,698

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

January 2022

Original loan amount

$318,986

Est. remaining balance

$299,302

Interest rate

3.1%

Loan type

FHA, 30 year

Seller

Anthony A Safian

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 12/25/2024 at 11:35 PM

Listing updated: 12/18/2024 at 9:55 PM

Listed by: Cecilia Alvarez, RE/MAX TOP PRODUCERS Phone #: (909) 590-8853

MLS: CRMLS #CV24131920

CRMLS logo

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