tomo logo

$869,900

Beds
4
Baths
2.5
sq ft
1,954

2771 Loraine Pl, Simi Valley, CA 93065

2771 Loraine Pl

Simi Valley, CA 93065

  • 83 days on market
    • Price drop $30,000↓
Excellent curb appeal, Very good location, 4 Bedrooms, 2½ Bathrooms home on a cul-de-sac north of the 118 Fwy. Great layout with family areas on one side of the house and bedrooms on the other. Light, bright spacious kitchen with Pantry, the Family Room, Living room, Formal Dining area, and Laundry room, and has room for a breakfast table. The step-down formal Living Room features a fireplace. The Main Bedroom suite includes a walk-in closet, dressing area, and bathroom. Junior Master has direct access to the hall bath shared with the 2 minor bedrooms. 2 2-car garage offers plenty of storage. new landscaping. Close to the Park, hiking trails, schools, shopping, and restaurants, and just a short distance to the 118. Lots of potential and a good opportunity!!!!!

Details

Property type

Single Family Residence

Est. home value

$822,016

Lot size

7,100 sq ft

Price per sq ft

$446

Year built

1965

HOA

No

Price History

11/02/2024
CRMLS

CRMLS #SR24173010

Listed
$869,900
10/04/2024
CRMLS

CRMLS #SR24173010

Removed
$869,900
09/18/2024
CRMLS

CRMLS #SR24173010

Listed
$869,900

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Simi Valley 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

$411,193
Asking price
$869,900
Closing costs (~8% of asking)
-$69,592
Est. remaining loan balance
-$389,115
Cash to seller
$411,193

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

Seller’s Loan History

Lender

Franklin Advantage Inc

Loan start date

June 2021

Original loan amount

$420,000

Est. remaining balance

$389,115

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Shamsher S Sidhu and Rupinder Kaur Sidhu

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: 11/23/2024 at 1:05 AM

Listing updated: 11/02/2024 at 7:59 PM

Listed by: Shamsher Sidhu, Sunrise Star Realty Phone #: (818) 652-7890

MLS: CRMLS #SR24173010

CRMLS logo

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