tomo logo

$730,000

Beds
3
Baths
3.0
sq ft
1,507

12850 Palm St Unit 5, Garden Grove, CA 92840

12850 Palm St Unit 5

Garden Grove, CA 92840

  • Pending
Immaculate and contemporary, this townhome is situated in an ideal location in the vibrant Lotus Walk Community of Garden Grove. The 3-bedroom, 3-bathroom residence boasts an inviting open concept layout with recessed lighting, 2 tandem car garages, and two luxurious master bedrooms. Stepping into the first level, you'll find a convenient coat closet and direct access to the garage, complete with a storage area. As you ascend to the second level, you're greeted by the warmth of maple hardwood floors that grace the open-concept kitchen and adjoining living room. The kitchen is a chef's delight, featuring an expansive eating area, elegant granite counters, abundant pantry cabinets and shelves, a breakfast bar, and a practical island. Recently installed stainless-steel appliances that come with the home, including a dishwasher, gas range, refrigerator, and microwave, elevate the kitchen's functionality and style. The living room, bathed in natural light, extends seamlessly to a balcony, creating an ideal space for outdoor relaxation. Adjacent to the kitchen, a 3/4 bathroom and a generously sized guest bedroom offer comfort and privacy. Continuing to the third level, the home unfolds to reveal a capacious master suite, a secondary master bedroom, and a convenient laundry room with included washer and dryer. The master suite encompasses a walk-in closet and a private en suite with a dual vanity, a spa-like walk-in shower, and a privacy toilet. The secondary master bedroom offers another walk-in closet and a full bathroom. Embracing a distinctive lifestyle, the Lotus Walk Community provides a host of desirable amenities including, water paid, a sparkling pool, relaxing spa, and inviting BBQ area. Ideally located within walking distance to Haster Basin Recreational Park, the Great Wolf Lodge Water Park, and 2 miles to Disneyland, this home effortlessly blends convenience with leisure. Residents also enjoy easy access to the I-5 and 22 Freeways, Costco, Steelcraft, Garden Grove Main Library, and Main Street's eclectic array of eateries and shops.

Details

Property type

Condominium

Est. home value

$650,166

Lot size

Unknown

Price per sq ft

$485

Year built

2010

Monthly HOA fee

$520.16

Price History

10/09/2024
CRMLS

CRMLS #OC24173438

Pending
$730,000
08/22/2024
CRMLS

CRMLS #OC24173438

Listed
$730,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban, Sidewalks

High school district: 

Garden Grove Unified

Number of units in community: 

78

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

$500,352
Asking price
$730,000
Closing costs (~8% of asking)
-$58,400
Est. remaining loan balance
-$171,248
Cash to seller
$500,352

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

November 2010

Original loan amount

$250,000

Est. remaining balance

$171,248

Interest rate

4.19%

Loan type

New Conventional, 30 year

Seller

Bok Keun Moon and Daeryong Moon

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: 11/03/2024 at 5:50 AM

Listing updated: 10/24/2024 at 4:10 PM

Listed by: Elizabeth Do, Keller Williams Realty Phone #: (714) 861-5500

MLS: CRMLS #OC24173438

CRMLS logo

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