tomo logo

$1,475,000

Beds
4
Baths
2.5
sq ft
2,106

17025 Labrador St, Northridge, CA 91325

17025 Labrador St

Northridge, CA 91325

  • 69 days on market
    • Price drop $24,999↓
Discover this meticulously maintained mid-century modern masterpiece, offering a seamless blend of vintage charm and modern convenience. Nestled on an ultra-private lot in Northridge, this 4-bedroom, 2-bathroom home is a rare find for mid-century enthusiasts. Inside, the spacious living room features an original fireplace, stunning polished concrete floors, and sliding glass doors that flood the space with natural light, while a vintage storage closet adds to the home's authentic character. Bright and mostly original, the kitchen has been updated with new countertops that complement its classic design. As well as, a new dishwasher, sink and faucet. Adjacent to the kitchen, an enclosed bonus room, originally created for orchid cultivation, now serves as an ideal home office, gym, or creative studio. Down the hallway, you'll find three generously sized bedrooms, each offering ample closet space and outfitted with custom motorized window shades. The primary bedroom, with its wood paneling, private bathroom, and mirrored closet doors, exudes warmth and invites relaxation. Outside, the home extends into a Palm Springs-inspired oasis, where vibrant landscaping, mature trees, and multiple entertainment zones create the perfect backdrop for gatherings. A heated saltwater pool offers a serene spot for unwinding, while the detached storage shed presents endless possibilities for use as a workshop, art studio, or extra storage. Modern upgrades include paid-off solar panels, a new roof, an upgraded electrical system, upgraded alarm system with cameras and brand-new pool equipment. Conveniently located near top schools like Balboa Gifted/High-Ability Magnet Elementary School and Highland Hall Waldorf School, and less than 20 miles from downtown Hollywood, this exceptional property in a prime Valley location is truly a must-see.

Details

Property type

Single Family Residence

Est. home value

$1,262,819

Lot size

0.3181 acres

Price per sq ft

$701

Year built

1961

HOA

No

Price History

10/11/2024
CRMLS

CRMLS #SR24177657

Price change
$1,475,000
-1.67%
09/10/2024
CRMLS

CRMLS #SR24177657

Price change
$1,499,999
-1.64%
08/28/2024
CRMLS

CRMLS #SR24177657

Listed
$1,525,000
+5.17%

Schools & Community

Neighborhood: 

Northridge

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks

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

$598,883
Asking price
$1,475,000
Closing costs (~8% of asking)
-$118,000
Est. remaining loan balance
-$758,117
Cash to seller
$598,883

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

April 2021

Original loan amount

$822,375

Est. remaining balance

$758,117

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Derek Branch and Dalit Branch

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: 11/05/2024 at 6:40 AM

Listing updated: 11/02/2024 at 4:50 PM

Listed by: Cyrene Dellinger, Keller Williams Encino/Sherman Oaks Phone #: (818) 475-3575

MLS: CRMLS #SR24177657

CRMLS logo

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