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$445,000

Beds
3
Baths
1.5
sq ft
1,455

7320 Red Hill Ln, Upper Lake, CA 95485

7320 Red Hill Ln

Upper Lake, CA 95485

  • 273 days on market
    • Price drop $20,000↓
3 bedroom 2 bath home on approximately 3.5 acres total of 3 parcels. Panoramic views of Mount Konocti, Clearlake & Hillsides. Property is flat with rolling land with plenty of room for animals, garden or expansion. Property is fenced. Detached garage/workshop and a covered carport. Easy access to Highway 20.

Details

Property type

Single Family Residence

Est. home value

$393,564

Lot size

3.47 acres

Price per sq ft

$306

Year built

1960

Price History

02/26/2024
BAREIS

BAREIS #324012294

Listed
$445,000
+11.25%
03/11/2021
CRMLS

CRMLS #LC20241492

Sold
$400,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

School district: 

Lake

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

$115,817
Asking price
$445,000
Closing costs (~8% of asking)
-$35,600
Est. remaining loan balance
-$293,583
Cash to seller
$115,817

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

March 2021

Original loan amount

$320,000

Est. remaining balance

$293,583

Interest rate

2.77%

Loan type

New Conventional, 30 year

Seller

Rumualdo Lozoya Villalobos

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?

Status: Active

Tomo last checked: 11/25/2024 at 5:10 AM

Listing updated: 05/01/2024 at 2:42 PM

Listed by: Salvador Madrigal, RE/MAX Gold - Selzer and AssociatesRE/MAX Gold - Selzer and Associates

MLS: BAREIS #324012294

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