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$2,250,000

Beds
2
Baths
2.0
sq ft
1,725

385 W Cedar St, San Diego, CA 92101

385 W Cedar St

San Diego, CA 92101

  • 31 days on market
Step into this rare and luxurious 4-level townhome at “La Vita” in one of the city's most iconic neighborhoods, Little Italy. This spacious and contemporary masterpiece offers 1,725 sq/ft of living space, featuring 2 bedrooms and a multi-functional loft that can easily serve as an additional sleeping area, office, or workout room. The loft opens to the rooftop, which boasts beautiful city views, and there are multiple balconies and patio areas for entertaining. The home includes a private, 5-car showroom-style garage with

Details

Property type

Condominium

Est. home value

$1,228,740

Lot size

Unknown

Price per sq ft

$1,305

Year built

2004

Monthly HOA fee

$830.77

Price History

05/31/2024
SanDiego

SanDiego #240012328

Listed
$2,250,000
+133.16%
03/02/2021
SanDiego

SanDiego #NDP2000931

Sold
$965,000

Schools & Community

Neighborhood: 

Little Italy

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

304

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

$1,404,610
Asking price
$2,250,000
Closing costs (~8% of asking)
-$180,000
Est. remaining loan balance
-$665,390
Cash to seller
$1,404,610

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

Seller’s Loan History

Lender

Kamaaina Mortgage Group Inc

Loan start date

February 2021

Original loan amount

$720,000

Est. remaining balance

$665,390

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Sammy Said Afifi and Veronica M Wilbanks

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?

Status: Active

Tomo last checked: 07/01/2024 at 8:40 AM

Listing updated: 06/28/2024 at 4:43 PM

Listed by: Leo Esguerra, Palisade Realty Inc Phone #: (619) 754-0218

MLS: SanDiego #240012328

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