tomo logo

$899,000

Beds
4
Baths
3.0
sq ft
1,730

7486 E Nebraska Ave, Selma, CA 93662

7486 E Nebraska Ave

Selma, CA 93662

  • 706 days on market
    • Price drop $100,000↓
$100,000.00 price reduction, motivated seller, wonderful house on 10 acres of good producing Almonds close to city of Selma. Sq. ft. in the tax records shows lot less than actual square feet of the house. There are 4 bed rooms and 3 bathrooms, another room can be used as 5th bed room no closet or can be used for office, living room, family room and one great room can be used as private room.Lots of updates been done to the house. Almonds are 15 years old, Nonpareil and Monterey varieties irrigated by sprinkler system. There are two wells, one for house and one for farm. Farm receives CID water, buyers need to verify from the consolidated irrigation district. Seller is in the process of planting new Almond trees.Groundwater DisclosureSustainable Groundwater Management Act (SGMA) requires groundwater basins to be sustainable by 2040. SGMA requires a Groundwater Sustainability Plan (GSP) by 2020. Said plans may limit ground water pumping. For more information please visit the SGMA website

Details

Property type

Single Family Residence

Est. home value

$941,061

Lot size

10.00 acres

Price per sq ft

$520

Year built

Unknown

Price History

12/19/2022
FresnoMLS

FresnoMLS #588595

Listed
$899,000

Schools & Community

Elementary school: 

Terry

Middle school: 

Lincoln

High school: 

Selma

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

$589,974
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$237,106
Cash to seller
$589,974

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

Seller’s Loan History

Lender

Alameda Mortgage Corp

Loan start date

September 2020

Original loan amount

$261,000

Est. remaining balance

$237,106

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Satvinder Singh Balagan and Balbir Kaur

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: 11/24/2024 at 2:45 PM

Listing updated: 09/25/2024 at 1:14 PM

Listed by: Gurnek Nagra, RE/MAX Gold

MLS: FresnoMLS #588595

FresnoMLS logo

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