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$1,249,000

Beds
3
Baths
2.0
sq ft
1,854

16012 Acre St, North Hills, CA 91343

16012 Acre St

North Hills, CA 91343

  • 135 days on market
    • Price drop $50,000↓
    • Open house Feb 23
BONUS FOR ALL BUYERS: Sellers are Offering a $5,000 Credit Towards the Buyer's Closing Costs! Move Right into this Redone home with a Fabulous Open Floor Plan and Airy Design. An Abundance of Natural Light in Every Corner of this Home. The Gourmet kitchen features sleek Cherry Wood Cabinetry, Black Granite countertops & LED under cabinet lighting, SS appliances (36" Built-in Fridge/Freezer, Convection Oven/Microwave, Wine/Beverage Cooler, Warming Drawer, Gas Cooktop with Grille). The adjacent dining and living rooms flow seamlessly for easy entertaining. Spacious Primary Bedroom Opens up to a Nice Deck w/Fire Pit. The additional bedrooms are generously sized with ample closet space. Entertainer's Backyard featuring a Sparkling, Re-Plastered, Heated Lagoon-Style Pool w/Serene Waterfall, Surrounded by Natural Flagstone & Lush Landscape. The home also includes a clean slate finished two-car garage, central heating & air & Newer Flooring throughout. Explore the idea of transforming the existing garage into a Mini ADU (Check with the City for all requirements). This home is located in a census tract that qualifies for a $20,000 grant and special financing through City National Bank. Call Listing Agent for More Details.

Details

Property type

Single Family Residence

Est. home value

$1,126,825

Lot size

7,984 sq ft

Price per sq ft

$674

Year built

1961

HOA

No

Price History

01/30/2025
CLAW

CLAW #24450011

Price change
$1,249,000
-3.85%
10/11/2024
CLAW

CLAW #24450011

Listed
$1,299,000
+19.72%
10/25/2022
CLAW

CLAW #22185791

Sold
$1,085,000

Schools & Community

Neighborhood: 

North Hills

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

$393,813
Asking price
$1,249,000
Closing costs (~8% of asking)
-$99,920
Est. remaining loan balance
-$755,267
Cash to seller
$393,813

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

Seller’s Loan History

Lender

Ml Mortgage Corp

Loan start date

October 2022

Original loan amount

$780,000

Est. remaining balance

$755,267

Interest rate

5.66%

Loan type

New Conventional, 30 year

Seller

Fatemeh Strait and Shane Strait

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: 02/23/2025 at 10:35 AM

Listing updated: 02/21/2025 at 2:05 PM

Listed by: Mathew Bahri, Nelson Shelton & Associates Phone #: (310) 271-2229

MLS: CLAW #24450011

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