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$949,552Estimated home value

Beds
2
Baths
2.0
sq ft
878

2625 4th St Unit 2, Santa Monica, CA 90405

2625 4th St Unit 2

Santa Monica, CA 90405

  • Sold On 5/13/2022
This Beautifully remodeled two bedroom 1 1/2 bathroom home is located just 4 blocks from the beach, on 4th street just south of Ocean park Blvd. Brand new kitchen with stainless steel appliances, beautiful tile work and custom cabinetry. Hardwood floors and new LED lights throughout, updated bathrooms and great size master suite and bedroom. One parking space included and low monthly dues. a cozy 5 unit building in a wonderful location within the Santa Monica Malibu unified school district catchment area. The current owner recently installed all new double glazed windows at a cost of $30,000.00 and new custom blinds at a cost of $4000.00

Details

Property type

Condominium

Est. home value

$949,552

Property condition

Updated/Remodeled

Lot size

5,521 sq ft

Price per sq ft

$1,024

Year built

1958

Monthly HOA fee

$460

Price History

02/18/2022
CLAW

CLAW #21114481

Sold
$899,000

Schools & Community

Neighborhood: 

Ocean 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

$21,025
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$806,055
Cash to seller
$21,025

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

Seller’s Loan History

Lender

Watermark Capital Inc

Loan start date

January 2022

Original loan amount

$854,050

Est. remaining balance

$806,055

Interest rate

3.1%

Loan type

New Conventional, 30 year

Seller

Austin Douglas

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: Off Market

Tomo last checked: 09/19/2024 at 2:40 PM

Listing updated: 08/23/2024 at 2:22 PM

Listed by: Lee Tonks, Tonks Agency Inc, Phone #: (310) 980-3979

MLS: CLAW #21114481

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