tomo logo

$709,999

Beds
2
Baths
1.0
sq ft
945

3831 Walnut Ave, Lynwood, CA 90262

3831 Walnut Ave

Lynwood, CA 90262

  • 96 days on market
    • Price drop $5,001↓
Back on the Market! Buyers couldn't perform AT NO FAULT TO THE SELLER. Welcome to Walnut Ave in Lynwood! This well-maintained 2-bedroom, 1-bath home that's perfect for any occasion. The expansive backyard is designed for entertainment, family gatherings, and even the quinceañera! Enjoy the charm of this home while exploring the endless ADU possibilities with the oversized detached garage. Whether you're looking to create a guest suite or a home office, the potential is limitless. Don't miss out on this rare opportunity to own a versatile property with so much to offer! Don't forget to invite me to the carne asada!

Details

Property type

Single Family Residence

Est. home value

$660,180

Lot size

5,665 sq ft

Price per sq ft

$752

Year built

1940

HOA

No

Price History

10/27/2024
CRMLS

CRMLS #DW24171276

Price change
$709,999
-0.7%
10/17/2024
CRMLS

CRMLS #DW24171276

Price change
$715,000
+0.7%
10/11/2024
CRMLS

CRMLS #DW24171276

Listed
$709,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Sidewalks

High school district: 

Lynwood 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

$10,902
Asking price
$709,999
Closing costs (~8% of asking)
-$56,800
Est. remaining loan balance
-$642,297
Cash to seller
$10,902

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

April 2023

Original loan amount

$652,955

Est. remaining balance

$642,297

Interest rate

6.73%

Loan type

FHA, 30 year

Seller

Anthony Giovanni Velazco Sanchez and Pedro Velasco Ruelas

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?

Similar Homes Nearby

CRMLS
$700,000
2 bd
|
1 ba
|
912 sq ft
|
House

11812 3rd Ave, Lynwood, CA 90262

CRMLS
$650,000
2 bd
|
1 ba
|
809 sq ft
|
House

1202 W 131st St, Compton, CA 90222

CRMLS
$624,900
2 bd
|
1 ba
|
778 sq ft
|
House

915 W Stockwell St, Compton, CA 90222

Status: Active

Tomo last checked: 11/22/2024 at 2:15 PM

Listing updated: 11/03/2024 at 3:40 PM

Listed by: Anthony Acevedo, EXP Realty of California Phone #: (323) 239-8012

MLS: CRMLS #DW24171276

CRMLS logo

Recently listed in Lynwood

$650,000|2 bd|2.0 ba|House
$629,999|2 bd|2.0 ba|House
$949,900|6 bd|4.0 ba|House
$740,000|3 bd|2.0 ba|House
$719,999|3 bd|2.0 ba|House
$200,000|3 bd|2.0 ba|Manufactured
$800,000|2 bd|1.0 ba|House
$774,900|3 bd|1.75 ba|House
$700,000|2 bd|1.0 ba|House
$749,900|3 bd|1.25 ba|House