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$625,000

Beds
1
Baths
1.0
sq ft
543

2446 20th St Unit 3, Santa Monica, CA 90405

2446 20th St Unit 3

Santa Monica, CA 90405

  • 91 days on market
    • Price drop $25,000↓
CHARMING AND PRIVATE 1BED/1BATH GARDEN CONDO WITH ITS OWN PATIO AND GARAGE CONVENIENTLY LOCATED IN THE SUNSET PARK AREA OF SANTA MONICA. JUST A FEW OF THE HIGHLIGHTS OF THIS LIGHT-FILLED BUNGALOW ARE HARDWOOD FLOORS, AN UPDATED KITCHEN WITH STONE COUNTERTOPS, A 5-BURNER GAS RANGE/STOVE, MICROWAVE AND IN-UNIT LAUNDRY. A PRIVATE GARAGE CAN BE TRANSFORMED INTO A HOME OFFICE AS WELL. DINE AND RELAX ALL YEAR-ROUND ON YOUR OWN PATIO WHILE STAYING COOL UNDER A LARGE AND MAJESTIC TREE. CLOSE-BY TO RESTAURANTS, SHOPPING AND SANTA MONICA CITY COLLEGE AND ONLY MINUTES TO THE FAMED SANTA MONICA PIER AND BEACH! THIS CONDO IS LIKE LIVING IN YOUR OWN PRIVATE BUNGALOW.

Details

Property type

Condominium

Est. home value

$691,908

Lot size

7,159 sq ft

Price per sq ft

$1,152

Year built

1947

Monthly HOA fee

$395

Price History

08/22/2024
CLAW

CLAW #24404331

Price change
$625,000
-3.85%
08/03/2024
CLAW

CLAW #24404331

Price change
$650,000
-6.47%
07/05/2024
CLAW

CLAW #24404331

Listed
$695,000
+10.85%

Schools & Community

Neighborhood: 

Sunset Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$147,330
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$427,670
Cash to seller
$147,330

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

Seller’s Loan History

Lender

Quicken Loans Inc

Loan start date

May 2020

Original loan amount

$470,250

Est. remaining balance

$427,670

Interest rate

3.33%

Loan type

New Conventional, 30 year

Seller

Peter R Mathewson and Penny E Mathewson

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: 10/04/2024 at 4:55 PM

Listing updated: 09/30/2024 at 3:21 AM

Listed by: Andrea Schall-Hammer, Ferraro & Assoc. Phone #: (310) 276-6236

MLS: CLAW #24404331

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