tomo logo

$849,999

Beds
3
Baths
2.5
sq ft
1,551

1261 8th St, Los Osos, CA 93402

1261 8th St

Los Osos, CA 93402

  • 33 days on market
    • Price drop $20,000↓
Welcome to your new home! This charming 3-bedroom, 2.5-bath retreat offers approximately 1,551 sqft of living space, nestled on a tranquil dead-end street. Just a short stroll from Baywood and the serene Elfin Forest, you'll have immediate access to a vibrant array of local attractions, including restaurants, bars, cozy coffee shops, lively farmers markets, and a variety of engaging events. This inviting home features a spacious upstairs primary bedroom with vaulted ceilings and a cedar-lined walk-in closet, making it an upstairs sanctuary. The second floor also has an updated, open-concept kitchen, living, and dining area that seamlessly flows onto a private balcony. Both this balcony and the one off of the primary bedroom offer stunning views of the iconic Broderson Hill and peekaboo glimpses of Morro Bay. Experience the best of Los Osos, Baywood, and SLO County with this peaceful, low-maintenance gem that offers a perfect balance of comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$891,194

Lot size

3,125 sq ft

Price per sq ft

$549

Year built

1984

Price History

09/12/2024
CRMLS

CRMLS #SC24167014

Price change
$849,999
-2.3%
08/14/2024
CRMLS

CRMLS #SC24167014

Listed
$869,999
+7.41%
05/03/2022
CRMLS

CRMLS #SC21243140

Sold
$810,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Luis Coastal 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

$296,054
Asking price
$849,999
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$485,945
Cash to seller
$296,054

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

March 2022

Original loan amount

$510,000

Est. remaining balance

$485,945

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Daniel Spatz and Kimberly Beth Spatz

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: 09/16/2024 at 12:35 PM

Listing updated: 09/12/2024 at 12:51 PM

Listed by: Eric Link, Tri-Link Realty Phone #: (209) 600-4955

MLS: CRMLS #SC24167014

CRMLS logo

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