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$3,988,000

Beds
5
Baths
5.0
sq ft
4,375

2016 Navy St, Santa Monica, CA 90405

2016 Navy St

Santa Monica, CA 90405

  • 6 days on market
Welcome to luxury living in the heart of Santa Monica’s coveted Sunset Park neighborhood. This Stunning 3 story, recently renovated House boasts 5 bedrooms, 5 bathrooms, and a generous 4375 square feet of meticulously designed living space. Revel in the breathtaking views from various vantage points, showcasing the beauty of Santa Monica and beyond. Take advantage of the recent price reduction, making this exceptional property an even more attractive investment. Experience modern living with recent renovations that seamlessly blend style and functionality. Enjoy a private grass area and serene pond, creating and outdoor oasis of relaxation. Convenience is key with an abundance of parking space, ensuring both residents and guests have ample room. Nestled in this beautiful neighborhood, this residence combines tranquility with proximity to the vibrant offerings of Santa Monica. Experience the best of both worlds with a peaceful residential setting and easy access to the city’s amenities.

Details

Property type

Single Family Residence

Est. home value

$4,399,363

Property condition

Updated/Remodeled

Lot size

7,278 sq ft

Price per sq ft

$912

Year built

1991

Price History

09/14/2024
CRMLS

CRMLS #SR24191163

Price change
$3,988,000
+33.47%
09/13/2024
CRMLS

CRMLS #SR24191163

Listed
$2,988,000
+6.71%
10/13/2021
CLAW

CLAW #21761114

Sold
$2,800,000

Schools & Community

Neighborhood: 

Sunset Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Santa Monica-Malibu 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

$1,577,312
Asking price
$3,988,000
Closing costs (~8% of asking)
-$319,040
Est. remaining loan balance
-$2,091,648
Cash to seller
$1,577,312

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

Seller’s Loan History

Lender

Homebridge Financial Services Inc

Loan start date

August 2021

Original loan amount

$2,240,000

Est. remaining balance

$2,091,648

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

Brian Angel

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?

Status: Active

Tomo last checked: 09/18/2024 at 6:00 PM

Listing updated: 09/14/2024 at 5:06 PM

Listed by: Benjamin Angel, Rodeo Realty Phone #: (818) 999-2030

MLS: CRMLS #SR24191163

CRMLS logo

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