tomo logo

$2,995,000

Beds
5
Baths
5.0
sq ft
3,874

14729 Otsego St, Sherman Oaks, CA 91403

14729 Otsego St

Sherman Oaks, CA 91403

  • 125 days on market
    • Price drop $100,000↓
A True Home, with all the unique charisma and character of real custom build, this Sherman Oaks Spanish Modern Remodel is a lovely blend of fresh style and luxury. Perfectly situated in an established Sherman Oaks neighborhood that really welcomes you, this gorgeous home is set apart with its classic architectural details and open living spaces. Fully remodeled in 2024, this Spanish Modern offers soaring ceilings, wide and inviting living spaces, glass stair railings, a designated office, and a drop dead custom kitchen complete with chef's island and built in breakfast nook. Fleetwood sliders welcome you to the entertainer's backyard, a complete oasis with palm trees, a resort style pool and jacuzzi, an outdoor kitchen and bar. Almost 4000 sq ft, this 5 bedroom 5 bath home (including one en-suite retreat on the first floor) allows the whole family the space to live, thrive, and work comfortably. The primary suite is both spacious and cozy, with room to rest and recharge with soaking tub, fireplace, and walk in closet. The secondary bedrooms are well sized, including a mini primary suite. Gated for security, along with an alarm system and 2-car garage. A location that can't be beat! Close to the 101, the 405, 20 minutes to the West Side, and all the restaurants, shops, parks and outdoor activities in the valley.

Details

Property type

Single Family Residence

Est. home value

$2,510,134

Lot size

6,696 sq ft

Price per sq ft

$774

Year built

2007

HOA

No

Price History

12/06/2024
CRMLS

CRMLS #SR24172000

Price change
$2,995,000
-3.23%
10/02/2024
CRMLS

CRMLS #SR24172000

Price change
$3,095,000
-3.13%
08/19/2024
CRMLS

CRMLS #SR24172000

Listed
$3,195,000
+45.23%

Schools & Community

Neighborhood: 

Sherman Oaks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Los Angeles 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

$1,521,816
Asking price
$2,995,000
Closing costs (~8% of asking)
-$239,600
Est. remaining loan balance
-$1,233,584
Cash to seller
$1,521,816

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

Seller’s Loan History

Lender

Logix Fcu

Loan start date

March 2023

Original loan amount

$1,803,000

Est. remaining balance

$1,233,584

Interest rate

6.13%

Loan type

New Conventional, 5 year

Seller

Atir Dadon and Emili Ester Dadon

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 7:55 AM

Listing updated: 12/18/2024 at 9:50 PM

Listed by: Noelle Lesinski, Harcourts Encino Phone #: (818) 426-6380

MLS: CRMLS #SR24172000

CRMLS logo

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