tomo logo

$1,425,000

Beds
3
Baths
2.0
sq ft
1,433

17018 Otsego St, Encino, CA 91316

17018 Otsego St

Encino, CA 91316

  • 21 days on market
Welcome to 17018 Otsego St., a beautifully updated home in the highly coveted Amestoy Estates neighborhood surrounded by multi-million dollar homes. Situated on a quiet, serene street, this charming 3-bedroom, 2-bathroom house has so much to offer. The neighborhood is known for its friendly atmosphere, where neighbors look out for each other, adding an extra layer of security and warmth. Step inside and be greeted by a bright and airy open floorplan where the updated kitchen, featuring quartz countertops, flows seamlessly into the dining and living areas. This layout is perfect for both everyday living and entertaining, effortlessly extending to the backyard for an optimal indoor/outdoor experience. The massive primary bedroom is a true retreat, offering a peaceful sanctuary with a luxurious en-suite bathroom, updated in 2023 with top-of-the-line fixtures featuring a double shower and backlit vanity mirror. The sliding doors to the backyard brings in bountiful natural light. Here, time slows down, and relaxation takes over. Outside, the backyard is an entertainer’s delight. Dive into the sparkling pool during the warm California months. Enjoy gatherings under the pergola, and let the kids play on the easy-to-maintain shaded grass area, making this space perfect for both relaxation and fun. Adding to the home’s functionality is a dedicated laundry room with bonus storage, making household chores more manageable and keeping your home organized. This home has been meticulously cared for, with upgrades including a new roof, water heater, and fresh exterior paint—all completed in 2023; plus additional technology such as EcobeeSmart Home thermostat, Ring doorbell, August lock and backyard camera. Close proximity to schools, Encino park, Balboa park, Encino Shopping Center, popular restaurants and freeway are more reasons to fall in love with this home. Don’t miss this rare opportunity to make this place your home, where modern comfort meets timeless tranquility.

Details

Property type

Single Family Residence

Est. home value

$1,435,929

Property condition

Updated/Remodeled

Lot size

5,019 sq ft

Price per sq ft

$995

Year built

1956

Price History

09/07/2024
CRMLS

CRMLS #PF24162866

Listed
$1,425,000
+11.68%
06/23/2021
CRMLS

CRMLS #SB21090306

Sold
$1,276,000
+59.7%
04/21/2017
CRMLS

CRMLS #SR16742073

Sold
$799,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

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

$361,877
Asking price
$1,425,000
Closing costs (~8% of asking)
-$114,000
Est. remaining loan balance
-$949,123
Cash to seller
$361,877

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

Seller’s Loan History

Lender

Pnc Bank Na

Loan start date

May 2021

Original loan amount

$1,020,800

Est. remaining balance

$949,123

Interest rate

3.17%

Loan type

New Conventional, 30 year

Seller

Lan Jade Nguyen and Crystal Law

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?

Similar Homes Nearby

A home in TarzanaCLAW
$1,359,000
3 bd
|
2 ba
|
1,776 sq ft
|
House

5210 Etiwanda Ave, Tarzana, CA 91356

CRMLS
$1,269,000
3 bd
|
2 ba
|
1,381 sq ft
|
House

17407 Hatteras St, Encino, CA 91316

New
CRMLS
$1,499,000
3 bd
|
2 ba
|
1,820 sq ft
|
House

16701 Magnolia Blvd, Encino, CA 91436

Status: Active

Tomo last checked: 09/28/2024 at 3:20 AM

Listing updated: 09/22/2024 at 5:51 PM

Listed by: Tina Hsu, COMPASS Phone #: (626) 205-4040

MLS: CRMLS #PF24162866

CRMLS logo

Recently listed in Encino

$1,860,000|3 bd|2.5 ba|House
$1,299,000|3 bd|2.0 ba|House
$6,500,000|5 bd|5.0 ba|House
$1,499,000|3 bd|2.0 ba|House
$1,915,000|4 bd|3.0 ba|House
$1,799,000|3 bd|3.0 ba|House
$2,495,000|5 bd|5.5 ba|House
$7,995,000|8 bd|8.5 ba|House
$3,195,000|5 bd|5.0 ba|House