tomo logo

$849,000

Beds
4
Baths
2.0
sq ft
2,015

700 Balsam Ln, Corona, CA 92882

700 Balsam Ln

Corona, CA 92882

  • 81 days on market
    • Price drop $1,000↓
Welcome to a beautiful Loft Home in Corona! This charming four-bedroom home, nestled in the heart of a cul-de-sac, is bursting with character and endless possibilities. The main level features all four bedrooms with gleaming wood flooring, while the upstairs reveals a HUGE bonus loft that can be transformed into a fifth bedroom, art studio, sewing room—whatever your heart desires! We have completed plans to build an ADU on the property. Inside, you'll find deluxe vinyl floors, professionally cleaned carpet and fresh paint, making it move-in ready. The real showstopper is the gigantic, flat, usable backyard—perfect for entertaining, gardening, or relaxing under the sun. Plus, the SOLAR TESLA SYSTEM installed in 2023 offers energy efficiency and savings. Conveniently located right off the freeway, with easy access to work, shopping, medical appointments, and a world of entertainment—from wineries and casinos to spas. Don’t wait—schedule your showing before it's too late!

Details

Property type

Single Family Residence

Est. home value

$710,636

Lot size

0.31 acres

Price per sq ft

$422

Year built

1962

HOA

No

Price History

11/08/2024
CRMLS

CRMLS #PW24178529

Price change
$849,000
-0.12%
09/04/2024
CRMLS

CRMLS #PW24178529

Listed
$850,000
+28.79%
09/08/2023
CRMLS

CRMLS #SW23095061

Sold
$660,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Corona-Norco 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

$260,283
Asking price
$849,000
Closing costs (~8% of asking)
-$67,920
Est. remaining loan balance
-$520,797
Cash to seller
$260,283

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

Seller’s Loan History

Lender

Hometown Equity Mortgage

Loan start date

August 2023

Original loan amount

$528,000

Est. remaining balance

$520,797

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Jose De Jesus Hernandez Esparza

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 11:00 PM

Listing updated: 11/15/2024 at 2:15 PM

Listed by: Daniel DeForest, First Team Real Estate North Tustin Phone #: (949) 988-3000

MLS: CRMLS #PW24178529

CRMLS logo

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