tomo logo

$2,365,000

Beds
4
Baths
3.0
sq ft
2,435

1433 El Rito Ave, Glendale, CA 91208

1433 El Rito Ave

Glendale, CA 91208

  • 28 days on market
Welcome to Your Mountaintop Retreat Nestled in the highly sought-after Verdugo Woodlands neighborhood, this gated estate is a masterpiece of privacy and elegance. Perched on over half an acre of serene grounds with an additional lot, the combined property spans approximately 37,825 square feet, offering unparalleled tranquility and seclusion. Step inside and be greeted by a warm, inviting living space that boasts an open floor plan, sophisticated flooring, and a charming fireplace. The expansive layout seamlessly integrates the living, dining, and family areas, creating the perfect setting for gatherings or relaxation. The gourmet kitchen is a chef's dream, featuring high-end luxury appliances, a massive 4’ x 10’ island, and effortless connectivity to the dining spaces, making entertaining a breeze. Outdoor living reaches new heights with expansive decks, a sparkling pool, and a spa, all designed to maximize the breathtaking panoramic views. This home invites you to relax, entertain, and bask in the natural beauty that surrounds you. The thoughtfully crafted floor plan includes three spacious bedrooms upstairs and a luxurious primary suite on the main level, complete with a private balcony. This ensures a perfect balance of comfort and privacy. This rare gem combines timeless elegance, modern functionality, and the serenity of nature. Don’t miss the chance to make this extraordinary property your home.

Details

Property type

Single Family Residence

Est. home value

$1,802,652

Property condition

Updated/Remodeled

Lot size

0.8683 acres

Price per sq ft

$972

Year built

1950

HOA

No

Price History

11/25/2024
CRMLS

CRMLS #BB24239393

Listed
$2,365,000
+43.33%
04/11/2023
CRMLS

CRMLS #GD23033744

Sold
$1,650,000

Schools & Community

Neighborhood: 

Verdugo Woodlands

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Glendale 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

$989,860
Asking price
$2,365,000
Closing costs (~8% of asking)
-$189,200
Est. remaining loan balance
-$1,185,940
Cash to seller
$989,860

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

Seller’s Loan History

Lender

Fidelity Lending Solutions Inc

Loan start date

October 2023

Original loan amount

$1,200,000

Est. remaining balance

$1,185,940

Interest rate

7.09%

Loan type

New Conventional, 30 year

Seller

Yuri Stepanyan

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: 12/22/2024 at 6:15 PM

Listing updated: 12/16/2024 at 7:15 AM

Listed by: Steve Hovakimyan, City Center Realty Group Phone #: (818) 845-5551

MLS: CRMLS #BB24239393

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