tomo logo

$499,999

Beds
2
Baths
1.0
sq ft
810

1620 N San Fernando Blvd Unit 53, Burbank, CA 91504

1620 N San Fernando Blvd Unit 53

Burbank, CA 91504

  • 110 days on market
    • Price drop $25,001↓
PLEASE DO NOT CONTACT OWNER... PROPERTY WILL BE RE-LISTED SOON. Nestled in the heart of Burbank, this inviting condo boasts 2 bedrooms, 1 bathroom, with a private balcony that provides a tranquil spot for morning coffee or evening relaxation. Recently updated with new paint and flooring, the interior exudes a fresh, modern ambiance. The kitchen dazzles with brand new appliances including a brand new refrigerator, washer and dryer, and dishwasher, a testament to the owner's $12,000 investment in upgrades. This fully secure and gated complex allows residents to enjoy access to the community amenities including a gym and an updated pool. This home offers both comfort and convenience in this vibrant Burbank neighborhood.

Details

Property type

Condominium

Est. home value

$547,032

Lot size

1.7031 acres

Price per sq ft

$618

Year built

1964

Monthly HOA fee

$315

Price History

07/23/2024
CRMLS

CRMLS #SR24123312

Price change
$499,999
-4.76%
06/17/2024
CRMLS

CRMLS #SR24123312

Listed
$525,000
-0.1%
04/18/2024
CRMLS

CRMLS #BB24016410

Removed
$525,525

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs, Street Lights, Sidewalks

High school district: 

Burbank Unified

Number of units in community: 

55

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

$260,320
Asking price
$499,999
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$199,679
Cash to seller
$260,320

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$246,000

Est. remaining balance

$199,679

Interest rate

2.31%

Loan type

New Conventional, 15 year

Seller

William Russell and Kathy Russell

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?

Status: Active

Tomo last checked: 10/04/2024 at 8:55 PM

Listing updated: 10/04/2024 at 8:21 PM

Listed by: Cade Cashman, Equity Union Phone #: (818) 989-2000

MLS: CRMLS #SR24123312

CRMLS logo

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