tomo logo

$2,899,000

Beds
5
Baths
4.0
sq ft
5,122

3223 Fond Dr, Encino, CA 91436

3223 Fond Dr

Encino, CA 91436

  • 69 days on market
Build your dream home South of the Blvd in Encino! Exceptional development opportunity for a builder, investor or end user on a large 17,000+ sf corner lot located within the top-rated Lanai School District. This prime South of the Boulevard location allows for easy access to both the Valley and Westside. Submit plans to build a 5,000 +sq ft home with your dream layout.

Details

Property type

Single Family Residence

Est. home value

$2,831,369

Lot size

0.3934 acres

Price per sq ft

$566

Year built

1964

Price History

04/23/2024
CRMLS

CRMLS #SR24035976

Removed
$3,000,000
+3.48%
04/23/2024
CRMLS

CRMLS #SR24080436

Listed
$2,899,000
-3.37%
03/07/2024
CRMLS

CRMLS #SR24035976

Listed
$3,000,000
+10.91%

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Los Angeles 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

$721,851
Asking price
$2,899,000
Closing costs (~8% of asking)
-$231,920
Est. remaining loan balance
-$1,945,229
Cash to seller
$721,851

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

Seller’s Loan History

Lender

Unite Mortgage

Loan start date

September 2022

Original loan amount

$1,995,000

Est. remaining balance

$1,945,229

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Eiman Shekarchi and April L Heidarian

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: 07/01/2024 at 8:50 AM

Listing updated: 04/29/2024 at 10:40 AM

Listed by: Dennis Chernov, The Agency Phone #: (424) 230-3700

MLS: CRMLS #SR24080436

CRMLS logo

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