tomo logo

$695,000

Beds
2
Baths
2.0
sq ft
1,200

11120 Lake Blvd, Felton, CA 95018

11120 Lake Blvd

Felton, CA 95018

  • 294 days on market
    • Price drop $84,000↓
Here's the romantic home in the redwoods you've been dreaming of, and it is only 2 1/2 miles to Loch Lomond, with boating, hiking trails, picnicking, and fishing. Presently configured as two units: The upper level features a spacious, light, and bright one bedroom, one bath home with vaulted ceilings and an open floor plan. Downstairs is a charming studio apartment with its own deck and private entrance. This home can very easily be converted to two bedrooms, two baths if desired. The large deck with sweeping views of a forested canyon is perfect for entertaining, relaxing, or working outdoors. Your new home exists in the midst of nature, yet is minutes to the shops, stores and restaurants of Felton and Scotts Valley. New stainless-steel appliances, new storage shed, and plenty of parking. Driving home through the verdant forest, you will feel like you are going on vacation as you follow the river along Lompico Road through an enchanted canyon in the redwoods. There is sufficient land for an additional dwelling unit.

Details

Property type

Single Family Residence

Est. home value

$812,692

Lot size

0.758 acres

Price per sq ft

$580

Year built

1975

Price History

09/05/2024
BridgeMLS

BridgeMLS #ML81948872

Price change
$695,000
-10.78%
07/26/2024
BridgeMLS

BridgeMLS #ML81948872

Price change
$779,000
-2.5%
06/07/2024
BridgeMLS

BridgeMLS #ML81948872

Price change
$799,000
-2.56%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Lorenzo Valley 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

$614,352
Asking price
$695,000
Closing costs (~8% of asking)
-$55,600
Est. remaining loan balance
-$25,048
Cash to seller
$614,352

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

Seller’s Loan History

Lender

First Portfolio Mtg Corp

Loan start date

February 1998

Original loan amount

$103,600

Est. remaining balance

$25,048

Interest rate

6.99%

Loan type

Not Provided, 30 year

Seller

Gretchen Brown

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: 09/19/2024 at 9:20 PM

Listing updated: 09/06/2024 at 3:25 AM

Listed by: Allan Freiberg, David Lyng Real Estate Phone #: (831) 345-8776

MLS: BridgeMLS #ML81948872

BridgeMLS logo

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