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$1,395,000

Beds
2
Baths
2.5
sq ft
1,470

1537 16th St Unit 101, Santa Monica, CA 90404

1537 16th St Unit 101

Santa Monica, CA 90404

  • 4 days on market
Constructed in 2010, this architectural Santa Monica condominium exudes contemporary charm with high-quality finishes and abundant natural light. This prime front unit features a wraparound private patio (West and North-facing), a West-facing balcony off the master bedroom, and a rooftop deck. The kitchen, equipped with stainless steel appliances and opens to a spacious dining and living area with sliding glass doors leading to patios. The primary suite offers high ceilings, a walk-in closet, and a luxurious bathroom with a separate shower, spa tub, and Caesarstone counters. The second bedroom also has an en-suite bath and West-facing architectural windows. The building offers gated parking with private direct access to a two-car garage, ensuring convenience and security. Other amenities include roof-top deck and close proximity to the Expo Light Rail Line.

Details

Property type

Condominium

Est. home value

$1,455,614

Lot size

7,498 sq ft

Price per sq ft

$949

Year built

2010

Monthly HOA fee

$355

Price History

06/27/2024
CLAW

CLAW #24408989

Listed
$1,395,000

Schools & Community

Neighborhood: 

Mid-City

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

$607,254
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$676,146
Cash to seller
$607,254

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

April 2015

Original loan amount

$844,000

Est. remaining balance

$676,146

Interest rate

3.69%

Loan type

New Conventional, 30 year

Seller

Steven Cohen

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: 07/01/2024 at 9:05 AM

Listing updated: 06/27/2024 at 11:53 AM

Listed by: Nikki Joel, The Agency Phone #: (424) 230-3700

MLS: CLAW #24408989

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