tomo logo

$699,000

Beds
2
Baths
2.5
sq ft
1,264

17931 Magnolia Blvd Unit 24, Encino, CA 91316

17931 Magnolia Blvd Unit 24

Encino, CA 91316

  • 42 days on market
Embrace elegance and comfort with this beautifully maintained townhome in one of Encino’s most sought-after neighborhoods. Offering a beautiful 2 bedrooms, 2.5 bathrooms and 1,264SqFt of well-designed living space with an attached 2-car garage. Make your way into this beautiful front unit where a private patio and entryway greet you upon arrival. As you enter, you're greeted by high ceilings, recessed lighting and abundant natural light. The formal living room with a new cozy gas fireplace that sets the environment for relaxed evenings. Overlooking the living room is a dining area, perfect for shared meals, along with spacious kitchen with a breakfast counter, gas stovetop, dishwasher, microwave, and oven. Both bedrooms are en-suite retreats, each featuring walk-in showers for added comfort. The primary bedroom offers the ideal space for relaxation, while ceiling fans throughout the home provide a refreshing breeze. Outside, a front fenced porch and private patio offer inviting outdoor spaces. Mandatory earthquake retrofitting has been completed and new roof. Enjoy your summer at a sparking community pool. This beautiful unit is ideally located near the 101 Freeway, providing easy access to shopping area such as Trader Joe's, Ralphs, HomeGoods, Gelson's, Starbucks, and an array of other amenities, entertainment, and top-rated schools, all within the desirable Encino neighborhood.

Details

Property type

Townhouse

Est. home value

$721,491

Lot size

0.9966 acres

Price per sq ft

$554

Year built

1975

Monthly HOA fee

$504

Price History

10/03/2024
CRMLS

CRMLS #SR24205785

Listed
$699,000
+1.67%
12/08/2021
CLAW

CLAW #21788034

Sold
$687,500
+43.23%
03/21/2018
CRMLS

CRMLS #PV18032361

Sold
$480,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Curbs, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

24

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

$148,230
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$494,850
Cash to seller
$148,230

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

Seller’s Loan History

Lender

Community Mortgage Funding Llc

Loan start date

November 2021

Original loan amount

$528,000

Est. remaining balance

$494,850

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Daniel Herman and Rita Wiggins

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: 11/14/2024 at 2:15 PM

Listing updated: 11/09/2024 at 3:35 PM

Listed by: Haik Bokhchalian, JohnHart Real Estate Phone #: (818) 246-1099

MLS: CRMLS #SR24205785

CRMLS logo

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