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$675,000

Beds
2
Baths
2.0
sq ft
1,200

11120 Lake Blvd, Felton, CA 95018

11120 Lake Blvd

Felton, CA 95018

  • 11 days on market
    • Price drop $20,000↓
Welcome to your dream retreat nestled among the redwoods, just 2.5 miles from Loch Lomond, where you can enjoy boating, hiking, picnicking, and fishing. This property is currently divided into two units: the upper level boasts a spacious, sunlit one-bedroom, one-bath home with vaulted ceilings and an open floor plan. The lower level is a delightful studio apartment with its own deck and private entrance. You can easily convert this home into a two-bedroom, two-bath configuration if desired. The expansive deck offers beautiful views of mountains and a forested canyon, making it ideal for entertaining, relaxing, or outdoor work. Surrounded by nature, your new home is still just a short drive to the shops, stores, and restaurants of Felton and Scotts Valley. The property features new stainless-steel appliances, a vaulted ceiling, and ample parking. According to the County, the 3/4+ acre lot may be large enough to accommodate a second home. As you drive through the lush forest along Lompico Road, following the river through an enchanting canyon, you'll feel as though you're on a perpetual vacation in the redwoods.

Details

Property type

Single Family Residence

Est. home value

$812,692

Lot size

0.758 acres

Price per sq ft

$563

Year built

1975

HOA

No

Price History

01/13/2025
BridgeMLS

BridgeMLS #ML81990152

Price change
$675,000
-2.88%
01/12/2025
BridgeMLS

BridgeMLS #ML81990152

Listed
$695,000
12/10/2024
BridgeMLS

BridgeMLS #ML81948872

Removed
$695,000

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

$598,141
Asking price
$675,000
Closing costs (~8% of asking)
-$54,000
Est. remaining loan balance
-$22,859
Cash to seller
$598,141

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

$22,859

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: 01/23/2025 at 12:55 PM

Listing updated: 01/14/2025 at 7:45 AM

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

MLS: BridgeMLS #ML81990152

BridgeMLS logo

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