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$850,000

Beds
3
Baths
2.0
sq ft
1,160

207 Elkwood Ave Unit 1, Imperial Beach, CA 91932

207 Elkwood Ave Unit 1

Imperial Beach, CA 91932

  • 132 days on market
Welcome to your slice of coastal paradise! This rarely available 3-bedroom, first-floor condo, nestled just a block away from the majestic Pacific Ocean, offers a unique opportunity to experience beach community living at its move-in OR rent-ready finest. Situated mere steps from the sandy shores, and adjacent to the renowned estuary reserve, this light-filled corner unit with newer AC provides unparalleled access to nature's wonders. Explore one of southern California's largest coastal wetland habitats right from your doorstep or take a leisurely stroll to nearby Reama Park. Enjoy sun-drenched mornings and vibrant sunsets from your spacious covered patio, use the private gate to gain swift access to the beach, indulging in seaside serenity has seldom been easier. Step inside to discover the epitome of coastal chic, with wood plank tile floors and recessed lighting accentuating the airy ambiance. The upgraded kitchen boasts stainless steel appliances, complemented by pristine bathrooms for a touch of luxury. This condo comes complete with two assigned parking spaces, one in the covered garage. Minutes to downtown Imperial Beach, the iconic pier, and an array of dining and entertainment options just a short stroll away, every day feels like a vacation. This is your opportunity to make coastal living a reality!

Details

Property type

Condominium

Est. home value

$908,576

Lot size

Unknown

Price per sq ft

$733

Year built

1991

Monthly HOA fee

$510

Price History

08/13/2024
SanDiego

SanDiego #240010327

Removed
$850,000
08/13/2024
SanDiego

SanDiego #240019113

Listed
$850,000
08/02/2024
SanDiego

SanDiego #240010327

Price change
$850,000
-3.95%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Gated

Number of units in community: 

14

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

$341,127
Asking price
$850,000
Closing costs (~8% of asking)
-$68,000
Est. remaining loan balance
-$440,873
Cash to seller
$341,127

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

Seller’s Loan History

Lender

Bay Equity Llc

Loan start date

April 2021

Original loan amount

$479,250

Est. remaining balance

$440,873

Interest rate

2.97%

Loan type

New Conventional, 30 year

Seller

Carlo Jesus Olmedo and Opalyn P Olmedo

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: 12/23/2024 at 11:10 AM

Listing updated: 11/10/2024 at 3:46 PM

Listed by: Deborah Vance, eXp Realty of Southern CA Phone #: (888) 294-1415

MLS: SanDiego #240019113

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