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$367,290

Beds
2
Baths
1.75
sq ft
1,087

647 Walnut Dr, Lake Elsinore, CA 92530

647 Walnut Dr

Lake Elsinore, CA 92530

  • 39 days on market
Welcome to this charming 2-bedroom, 1.75-bathroom condominium located in the heart of Lake Elsinore. This two-story home features 1,087 square feet of living space with an updated kitchen and a beautifully renovated primary restroom. Enjoy the comfort of new windows and an updated HVAC system. The spacious layout includes a bright and inviting living area, central heat and air conditioning, and a gas washer and dryer hookup. Step outside to your private enclosed patio, perfect for outdoor relaxation. The property also offers a detached 1-car garage and access to a well-maintained community pool and spa. Situated just one mile from convenient lake access, this home is ideal for enjoying all that the area has to offer. Don't miss out on this fantastic opportunity!

Details

Property type

Condominium

Est. home value

$332,999

Lot size

1,742 sq ft

Price per sq ft

$338

Year built

1986

Monthly HOA fee

$432

Price History

10/16/2024
CRMLS

CRMLS #OC24213292

Listed
$367,290
+7.39%
08/02/2023
CRMLS

CRMLS #IV23101484

Sold
$342,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks

High school district: 

Lake Elsinore Unified

Number of units in community: 

36

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

$102,067
Asking price
$367,290
Closing costs (~8% of asking)
-$29,383
Est. remaining loan balance
-$235,840
Cash to seller
$102,067

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

Seller’s Loan History

Lender

E Mortgage Capital Inc

Loan start date

July 2023

Original loan amount

$239,400

Est. remaining balance

$235,840

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

John Rangel and Brenda Rangel

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: 11/23/2024 at 7:30 PM

Listing updated: 10/19/2024 at 11:55 AM

Listed by: David Schweickert III, E Realty Phone #: (949) 939-3029

MLS: CRMLS #OC24213292

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