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$1,414,439Estimated home value

Beds
3
Baths
2.5
sq ft
2,000

12050 Guerin St Unit 201, Studio City, CA 91604

12050 Guerin St Unit 201

Studio City, CA 91604

  • Sold On 5/4/2021
Located in one of the most desirable buildings and streets in Studio City, this extra large light and bright front-unit condominium is nestled in the Carpenter School District in the heart of Studio City... moments from the famed Farmer's Market, Trader Joes and Ventura Blvd's trendy restaurants and shops. It features an elegant kitchen with Viking appliances and an arched entry that leads to an open layout with an entertainers living space to the French Door'ed patio, with its relaxing views. The primary suite offers an ensuite bathroom and large walk-in closet. Two additional bedrooms and bathrooms are all well sized with ample closet and storage space. The complex is very secure with elegantly designed & maintained hallways, elevator and parking garage. The HOA includes earthquake insurance as well.

Details

Property type

Condominium

Est. home value

$1,414,439

Lot size

0.3649 acres

Price per sq ft

$625

Year built

2006

Monthly HOA fee

$823

Price History

11/17/2024
CRMLS

CRMLS #GD24196820

Removed
$1,250,000
10/03/2024
CRMLS

CRMLS #GD24196820

Listed
$1,250,000
05/04/2021
CRMLS

CRMLS #320005115

Sold
$1,250,000

Schools & Community

Neighborhood: 

Studio City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$389,906
Asking price
$1,250,000
Closing costs (~8% of asking)
-$100,000
Est. remaining loan balance
-$760,094
Cash to seller
$389,906

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

April 2021

Original loan amount

$822,000

Est. remaining balance

$760,094

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Michael Tiraturian and Irina Sarafyan

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: Off Market

Tomo last checked: 11/21/2024 at 9:10 PM

Listing updated: 07/19/2024 at 2:16 PM

Listed by: Sevan Baroni, NextHome Luxe Group Phone #: (818) 650-2530

MLS: CRMLS #320005115

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