tomo logo

$815,000

Beds
3
Baths
1.75
sq ft
1,402

248 E 69th Way, Long Beach, CA 90805

248 E 69th Way

Long Beach, CA 90805

  • 52 days on market
    • Price drop $20,000↓
Welcome to this charming California bungalow! This newly remodeled gem is complemented by a converted detached garage with 390 sq ft, which is included in the total square footage. As you step inside the main house you'll be greeted by an open floor plan with incredible natural light, creating a warm and welcoming atmosphere. The remodeled kitchen has beautiful quartz countertops, updated cabinets and sink, updated electrical, recessed lighting and nearly brand new stainless steel appliances. The main house bathroom has 2 sinks with updated countertops, updated flooring, recessed lighting and updated tile in the shower. More upgrades include, tankless water heater, laminate wood flooring and a covered shed for washer and dryer just outside the back door. Converted garage features an updated bathroom, plumbing for a kitchenette and recently installed laminate wood flooring. This spacious converted garage has not been permitted. The backyard, complete with a large refurbished pool is perfect for entertaining year-round. Extra long driveway for 3 cars and an additional parking spot behind the converted garage. Don't miss your chance to own this turn key home.

Details

Property type

Single Family Residence

Est. home value

$739,921

Property condition

Updated/Remodeled

Lot size

5,902 sq ft

Price per sq ft

$582

Year built

1944

Price History

09/10/2024
CRMLS

CRMLS #OC24163374

Price change
$815,000
-2.4%
08/07/2024
CRMLS

CRMLS #OC24163374

Listed
$835,000
+19.29%
12/22/2022
CRMLS

CRMLS #DW22210338

Sold
$700,000

Schools & Community

Neighborhood: 

North Long Beach

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban, Sidewalks

High school district: 

Long Beach 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

$111,913
Asking price
$815,000
Closing costs (~8% of asking)
-$65,200
Est. remaining loan balance
-$637,887
Cash to seller
$111,913

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

November 2022

Original loan amount

$651,200

Est. remaining balance

$637,887

Interest rate

6.66%

Loan type

FHA, 30 year

Seller

Emily Tate and Mathew Spradley

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: 09/27/2024 at 5:25 PM

Listing updated: 09/21/2024 at 8:05 PM

Listed by: Gabriella Nichols, Surterre Properties Inc Phone #: (949) 545-2000

MLS: CRMLS #OC24163374

CRMLS logo

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