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$314,000

Beds
2
Baths
2.0
sq ft
1,193

11620 Locust Ln, Apple Valley, CA 92308

11620 Locust Ln

Apple Valley, CA 92308

  • 79 days on market
    • Price drop $1,000↓
This property is a senior community that is over 55 years old. 2beds bedrooms and 2 bathrooms in the heart of Apple Valley. Very nice and calm place in this town. Neibor is nice and very helpful with anything. In particular, the market is closed and a 24-hour fitness club is next to it. Some restaurants are within walking distance, Banks, and auto repair shops are nearby, pet shops are there too. Solar panel is on the roof for help Electrical bill owner fully paid up in cash! not lease or rent.

Details

Property type

Condominium

Est. home value

$295,082

Lot size

2,975 sq ft

Price per sq ft

$264

Year built

1986

Monthly HOA fee

$190

Price History

05/18/2024
CRMLS

CRMLS #HD24077865

Price change
$314,000
-0.32%
04/18/2024
CRMLS

CRMLS #HD24077865

Listed
$315,000
+14.55%
12/31/2021
CRMLS

CRMLS #EV21252961

Sold
$275,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Golf

High school district: 

Apple Valley Unified

Senior community center: 

Yes

Number of units in community: 

2

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

$110,193
Asking price
$314,000
Closing costs (~8% of asking)
-$25,120
Est. remaining loan balance
-$178,687
Cash to seller
$110,193

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

Seller’s Loan History

Lender

New Wave Lending Group Inc

Loan start date

December 2021

Original loan amount

$206,000

Est. remaining balance

$178,687

Interest rate

2.35%

Loan type

New Conventional, 16 year

Seller

Steve Kim and Won Sil Kim

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: 07/06/2024 at 12:15 AM

Listing updated: 05/18/2024 at 9:10 AM

Listed by: Steve Kim, Newstar Realty & Investment Phone #: (760) 843-0110

MLS: CRMLS #HD24077865

CRMLS logo

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