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$710,000

Beds
2
Baths
2.0
sq ft
1,179

12200 Montecito Rd Unit D221, Seal Beach, CA 90740

12200 Montecito Rd Unit D221

Seal Beach, CA 90740

  • 259 days on market
    • Price drop $65,000↓
    • Open house Jan 25
This may be your last chance to buy under $1M in Orange County because prices are still rising here. This resort style, gated Seal Beach Condo is a prime location in Seal Beach / Los Alamitos / Rossmoor area. It maintains the North OC Culture and is convenient to the 605, 405, 22 fwys, only 3 miles from the Beach, 5 miles to Huntington Beach and Disneyland, 2 miles from Long Beach, 20 minutes to Irvine and 30 minutes to LAX and DTLA. The house is modern, upgraded and everything works great, plus it includes a $15,000 Floor to Ceiling Stone Fireplace. The unit possesses a calm, sexy and peaceful energy with a perfect view of the Main Pool and Jacuzzi. Overall, the combined building and unit location make it the best in the complex. ... * 2 Large Bedrooms * 2 Full Bathrooms * 2 Carport parking spaces * 2 Large Storage Closets * Kitchen, Dining Room & Living Room * Laundry 1min walk down hall * Pet friendly * Kid friendly * 2 Swimming Pools * Jacuzzi * Hot Dry Sauna in Gym * Full Gym with locker room * Clubhouse/Recreation Room for parties and events * Walk to restaurants, shopping, and several banks * This is truly one-of-a-kind, move-in-ready, and will not last long! ... The private Balcony is perfect for enjoying the fresh ocean breeze. This unit, because of its location, only requires air or heat one week out of the year because of the moderate temperature and light cool breeze. If you have kid's or grand kid's or visitors in the pool, you can watch them from the balcony - or just have a glass of Wine and people watch. The complex is being updated and will be painted which will give it a more modern feel; and will be reflected in the increasing prices especially when interest rates go below 5% (then refinance). ... There is both Elevator and Stair access with a nice Park only 3 blocks away, and a larger Park (basketball, tennis etc) only 1 mile away, AND the highly acclaimed, award-winning Los Alamitos Unified School District. ... One thing I love about this Condo unit is the unique feature of the bedrooms being on opposites of the unit, separated by the kitchen and living room - so it's very private. This is the best location in the Rossmoor Park community. It's the 2nd floor, high enough for extreme privacy but also overlooks the Jacuzzi, the Pool and only 60 feet from the gym (so no excuses). ... Owner is moving out of the country so make a good offer and it's yours! It's move in ready, all you have to do is live.

Details

Property type

Condominium

Est. home value

$602,294

Lot size

3,000 sq ft

Price per sq ft

$603

Year built

1969

Monthly HOA fee

$495

Price History

01/14/2025
CRMLS

CRMLS #PW24090266

Price change
$710,000
-8.39%
06/19/2024
CRMLS

CRMLS #PW24090266

Removed
$775,000
06/10/2024
CRMLS

CRMLS #PW24090266

Listed
$775,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Gated, Park, Street Lights, Suburban, Sidewalks

High school district: 

Los Alamitos Unified

Number of units in community: 

280

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

$185,953
Asking price
$710,000
Closing costs (~8% of asking)
-$56,800
Est. remaining loan balance
-$467,247
Cash to seller
$185,953

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

Seller’s Loan History

Lender

Navy Fcu

Loan start date

December 2021

Original loan amount

$500,000

Est. remaining balance

$467,247

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

William Drake

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: 01/22/2025 at 5:45 AM

Listing updated: 01/21/2025 at 6:34 AM

Listed by: Donald Drake, Golden State Realtors Group Phone #: (949) 842-3597

MLS: CRMLS #PW24090266

CRMLS logo

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