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$999,000

Beds
2
Baths
1.0
sq ft
1,160

14140 Lemay St, Van Nuys, CA 91405

14140 Lemay St

Van Nuys, CA 91405

  • 4 days on market
    • Open house Jul 09
Embrace the epitome of Southern California living at 14140 Lemay Street, a true gem in the heart of Van Nuys. This meticulously crafted residence, set on an expansive 9000+ sqft lot, redefines luxury with its seamless blend of indoor and outdoor living spaces. Step inside to discover a haven of natural light and refined elegance. The open-concept living area, adorned with gleaming oak hardwood floors, centers around a charming fireplace - perfect for cozy evenings. The recently remodeled chef's kitchen is a culinary masterpiece, featuring top-of-the-line appliances, custom cabinetry, and an inviting breakfast nook bathed in sunlight. The backyard is nothing short of spectacular, professionally landscaped to create your own private oasis. An elevated cement dining deck with brick accents flows effortlessly from the home, overlooking a lush, flat turf yard. Mature landscaping frames the picturesque setting, enhancing privacy and providing welcome shade. For the discerning professional, a detached structure offers the ideal work-from-home environment, inspiring creativity and focus. Outdoor entertaining reaches new heights with a chic oversized pergola and custom water feature, creating an ambiance of luxury and tranquility. Fitness enthusiasts will appreciate the additional detached structure, currently outfitted as a state-of-the-art home gym and yoga studio. This versatile space also presents an exciting opportunity for ADU conversion, potentially adding significant value to your investment. Modern conveniences abound with smart home-enabled systems, an upgraded HVAC, and a solar power system that significantly reduces energy costs. An oversized two-car garage provides ample storage and parking. Centrally located just minutes from major freeways and essential amenities, just 3 miles from Trader Joe's, Target, and Costco, and less than 5 miles from Whole Foods and the Woodley Lakes Golf Course in Lake Balboa, this property offers the perfect balance of seclusion and accessibility. Whether you're hosting summer soires, working from home, or simply enjoying the serenity of your private retreat, 14140 Lemay Street caters to every aspect of modern LA living. Don't miss this rare opportunity to own a slice of paradise in the Valley. This property is not just a home; it's a lifestyle upgrade, a smart investment, and a canvas for your dreams.

Details

Property type

Single Family Residence

Est. home value

$1,084,154

Lot size

9,091 sq ft

Price per sq ft

$862

Year built

1955

HOA

No

Price History

07/05/2024
CLAW

CLAW #24411672

Listed
$999,000
+1.94%
12/03/2021
CLAW

CLAW #21795820

Sold
$980,000

Schools & Community

Neighborhood: 

Van Nuys

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

$649,799
Asking price
$999,000
Closing costs (~8% of asking)
-$79,920
Est. remaining loan balance
-$269,281
Cash to seller
$649,799

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

Seller’s Loan History

Lender

American Pacific Mortgage Corp

Loan start date

November 2021

Original loan amount

$285,000

Est. remaining balance

$269,281

Interest rate

3.01%

Loan type

New Conventional, 30 year

Seller

Alexene Follmuth and Garrett Follmuth

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: 07/09/2024 at 2:45 PM

Listing updated: 07/07/2024 at 12:33 PM

Listed by: Scott Yeilding, Keller Williams Hollywood Hills Phone #: (310) 623-1300

MLS: CLAW #24411672

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