tomo logo

$1,200,000

Beds
3
Baths
2.0
sq ft
1,910

11937 Rio Hondo Pkwy, El Monte, CA 91732

11937 Rio Hondo Pkwy

El Monte, CA 91732

  • Pending
This is a beautiful home, sits on a large lot (apx. 18,295 sq.ft.) with circular driveway in North El Monte, just boarder to city of Arcadia. There are lots of opportunity with this property. Easy access to 605 Freeway, nestled between the 210 and 10 Fwy.

Details

Property type

Single Family Residence

Est. home value

$872,478

Lot size

0.4201 acres

Price per sq ft

$629

Year built

1952

HOA

No

Price History

10/24/2024
CRMLS

CRMLS #WS23205281

Pending
$1,200,000
06/27/2024
CRMLS

CRMLS #WS23205281

Price change
$1,200,000
+20.12%
06/26/2024
CRMLS

CRMLS #WS23205281

Listed
$999,000

Schools & Community

Neighborhood: 

Norwood Cherrylee

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

El Monte Union High

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

$603,106
Asking price
$1,200,000
Closing costs (~8% of asking)
-$96,000
Est. remaining loan balance
-$500,894
Cash to seller
$603,106

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 2020

Original loan amount

$548,250

Est. remaining balance

$500,894

Interest rate

2.78%

Loan type

New Conventional, 30 year

Seller

Hoan Khai Nguyen and Tu Loan Thi Truong

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: Pending/Under Contract

Tomo last checked: 11/08/2024 at 7:20 AM

Listing updated: 11/07/2024 at 10:25 AM

Listed by: CAM LUU, MILANO REALTY Phone #: (626) 444-6696

MLS: CRMLS #WS23205281

CRMLS logo

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