tomo logo

$2,995,000

Beds
5
Baths
4.0
sq ft
3,208

16712 Calle Arbolada, Pacific Palisades, CA 90272

16712 Calle Arbolada

Pacific Palisades, CA 90272

  • 58 days on market
    • Price drop $205,000↓
    • Open house Sep 29
Welcome home to your Palisades Highlands retreat! One block from the coveted Summit Club, this 5 bed 4 bath home is the perfect place to call home. Downstairs features 2 living rooms, perfect for a formal and family living room, as well as formal dining room and breakfast nook in an open concept. Also on the main level, one Guest Room with en-suite bathroom. Upstairs features a beautiful primary suite with sitting area, fireplace and incredible views, plus 3 additional bedrooms, 2 bathrooms and an office with wood built-ins. Summit Club access offers tennis, basketball, pool, gym, Rec center and Playground.

Details

Property type

Single Family Residence

Est. home value

$2,748,864

Lot size

5,655 sq ft

Price per sq ft

$934

Year built

1994

Monthly HOA fee

$400

Price History

09/05/2024
CLAW

CLAW #24422077

Listed
$2,995,000
08/27/2024
CLAW

CLAW #24422077

Removed
$2,995,000
08/15/2024
CLAW

CLAW #24422077

Price change
$2,995,000
-6.41%

Schools & Community

Neighborhood: 

Pacific Palisades

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

$1,942,675
Asking price
$2,995,000
Closing costs (~8% of asking)
-$239,600
Est. remaining loan balance
-$812,725
Cash to seller
$1,942,675

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

May 2022

Original loan amount

$846,000

Est. remaining balance

$812,725

Interest rate

4.42%

Loan type

New Conventional, 30 year

Seller

Adnan Azrak and The Azrak Family Trust

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: 09/28/2024 at 9:30 PM

Listing updated: 09/26/2024 at 2:12 PM

Listed by: Kyle Leibovitch, Rodeo Realty- Brentwood Phone #: (310) 873-4100

MLS: CLAW #24422077

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