tomo logo

$1,650,000

Beds
4
Baths
2.0
sq ft
1,790

22428 Ellinwood Dr, Torrance, CA 90505

22428 Ellinwood Dr

Torrance, CA 90505

  • 68 days on market
    • Price drop $100,000↓
Welcome to the beautiful and highly desirable Torrance neighborhood. This stunning residence features 4 spacious bedrooms and 2 bathrooms. Enjoy the comfort of an open floor plan with recessed lighting, ceiling fans, and elegant custom blinds and drapes throughout. The kitchen is designed with the cook in mind, offering quartz countertops, tile flooring, and ample cabinet storage space. The master bedroom includes lots of large windows and a built-in closet with floor-to-ceiling shelves. There is ample storage space, including a large BONUS room above the garage. The lower-level family room is a cozy retreat with a fireplace and large sliding glass doors that lead to an inviting outdoor entertainment space, complete with a private pool. The front, back, and side yards are beautifully landscaped with blooming flowers and fruit-bearing trees. The large driveway can accommodate three cars, with part of it designated for RV parking. This popular seaside neighborhood is located less than 2 miles from the beach, this home is a short walk to Sea-Aire Golf Course and close to the shops and eateries at Del Amo Fashion Mall. Don't miss this opportunity—call today to arrange a viewing of this exquisite property.

Details

Property type

Single Family Residence

Est. home value

$1,426,884

Property condition

Updated/Remodeled

Lot size

5,833 sq ft

Price per sq ft

$922

Year built

1951

Price History

08/09/2024
CRMLS

CRMLS #SB24143284

Price change
$1,650,000
-5.71%
07/13/2024
CRMLS

CRMLS #SB24143284

Listed
$1,750,000
+84.21%
05/17/2016
CRMLS

CRMLS #SB16071689

Sold
$950,000

Schools & Community

Neighborhood: 

Seaside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Golf, Park

High school district: 

Torrance 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

$445,168
Asking price
$1,650,000
Closing costs (~8% of asking)
-$132,000
Est. remaining loan balance
-$1,072,832
Cash to seller
$445,168

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

June 2023

Original loan amount

$1,087,500

Est. remaining balance

$1,072,832

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Prathima Narasimha Murthy

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: 09/18/2024 at 7:15 PM

Listing updated: 09/13/2024 at 3:21 PM

Listed by: Wayne Dolan, The Realestate Group Phone #: (310) 540-0072

MLS: CRMLS #SB24143284

CRMLS logo

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