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$780,000

Beds
3
Baths
3.0
sq ft
1,673

20058 Lorne St, Winnetka, CA 91306

20058 Lorne St

Canoga Park, CA 91306

  • 277 days on market
    • Price drop $170,000↓
THIS IS A SHORTSALE. PROPERTY IS SUBMITTED TO LENDER FOR SHORTSALE APPROVAL DUE TO CITY VIOLATION. TENANTS IN THE PROPERTY. Nice property in a quiet neighborhood in Winnetka. Has 3 bedroom and 3 bath

Details

Property type

Single Family Residence

Est. home value

$898,996

Property condition

Updated/Remodeled

Lot size

5,176 sq ft

Price per sq ft

$467

Year built

1983

HOA

No

Price History

07/12/2024
CRMLS

CRMLS #IV24056901

Price change
$780,000
-17.89%
07/10/2024
CRMLS

CRMLS #IV24056901

Removed
$950,000
06/20/2024
CRMLS

CRMLS #IV24056901

Pending
$950,000

Schools & Community

Neighborhood: 

Winnetka

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs

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

-$86,638
Asking price
$780,000
Closing costs (~8% of asking)
-$62,400
Est. remaining loan balance
-$804,238
Cash to seller
-$86,638

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2022

Original loan amount

$834,604

Est. remaining balance

$804,238

Interest rate

5.09%

Loan type

FHA, 30 year

Seller

Victoria D Kramer

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: 12/22/2024 at 10:40 PM

Listing updated: 12/19/2024 at 5:40 AM

Listed by: MANNY BOBILA, Shakeel Ahmed, Broker Phone #: (602) 295-8480

MLS: CRMLS #IV24056901

CRMLS logo

Recently listed in Canoga Park