tomo logo

$425,000

Beds
3
Baths
2.0
sq ft
1,695

1055 Penelope Ct, Lakeport, CA 95453

1055 Penelope Ct

Lakeport, CA 95453

  • 145 days on market
    • Price drop $4,000↓
Gorgeously updated home situated at the end of a cul-de-sac in North Lakeport in one of the most sought after and peaceful neighborhoods, untouched by fires, and surrounded by beautiful mountain views. It would surely make an excellent primary residence or vacation rental as it is located in Lakeport not far from the biggest natural bass fishing lake in California, and offers recreation in every direction. This beautiful 2005, 1695sqft., 3bed/2bath home has been newly remodeled with new exterior & interior paint, painted kitchen cabinets/island, new high traffic water resistant floors, and high end matching LG stainless appliances. The home features a beautiful open floor plan, w/ living room, separate dining area, laundry room, central heating & cooling and ceiling fans throughout. The bedrooms are very large, some with walk-in closets, and the primary bedroom features and extremely large bathroom with a large soaking tub and walk in shower and a huge walk -in closet. The front yard is landscaped with a timed sprinkler system, and the backyard is very large with tall mature oak trees, fully fenced, perfect for entertaining, and plenty of room to put in a pool and play area for the kids! The double car garage is completely finished and insulated. Conveniently located near schools and stores and there is a local hospital only a 10 min drive! This home is a definite must see!

Details

Property type

Single Family Residence

Est. home value

$445,506

Lot size

7,841 sq ft

Price per sq ft

$251

Year built

2005

HOA

No

Price History

11/18/2024
CRMLS

CRMLS #LC24129901

Price change
$425,000
-0.93%
09/14/2024
CRMLS

CRMLS #LC24129901

Listed
$429,000
09/06/2024
CRMLS

CRMLS #LC24129901

Pending
$429,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Fishing, Lake, Park

High school district: 

Lakeport 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

$290,720
Asking price
$425,000
Closing costs (~8% of asking)
-$34,000
Est. remaining loan balance
-$100,280
Cash to seller
$290,720

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

Seller’s Loan History

Lender

Prospect Mortgage Llc

Loan start date

March 2016

Original loan amount

$208,500

Est. remaining balance

$100,280

Interest rate

3.19%

Loan type

New Conventional, 15 year

Seller

Kishor D Parmar and Bhagvati K Parmar

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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945 Central Park Ave, Lakeport, CA 95453

Status: Active

Tomo last checked: 11/25/2024 at 3:40 AM

Listing updated: 11/18/2024 at 1:25 PM

Listed by: Janice Hodges, The Hodges Real Estate Group Phone #: (707) 349-1466

MLS: CRMLS #LC24129901

CRMLS logo

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