tomo logo

$1,090,000

Beds
3
Baths
2.0
sq ft
1,699

4603 E Lavante St, Long Beach, CA 90815

4603 E Lavante St

Long Beach, CA 90815

  • 33 days on market
    • Price drop $30,000↓
Great home located in the Art Craft Manor community. Home is within walking distance to shopping centers, schools, and parks. This home has many recent updates including a purchased solar panel electrical system. The home's electrical panel is also brand new. There is plenty of space for RV parking or for multiple vehicles behind a brand-new wood gate. The detached two car garage has ADU possibilities. The back yard also features a new patio with upgraded lighting and heat for cool nights. This home is only a few miles from the beach.

Details

Property type

Single Family Residence

Est. home value

$1,112,601

Lot size

6,734 sq ft

Price per sq ft

$642

Year built

1943

Price History

06/19/2024
CRMLS

CRMLS #IV24110965

Price change
$1,090,000
-2.68%
05/31/2024
CRMLS

CRMLS #IV24110965

Listed
$1,120,000
+13.94%
03/09/2022
CRMLS

CRMLS #PW22022397

Sold
$983,000

Schools & Community

Neighborhood: 

Traffic Circle

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Long Beach 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

$255,177
Asking price
$1,090,000
Closing costs (~8% of asking)
-$87,200
Est. remaining loan balance
-$747,623
Cash to seller
$255,177

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

Seller’s Loan History

Lender

Alg Mortgage Inc

Loan start date

February 2022

Original loan amount

$786,400

Est. remaining balance

$747,623

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Antonio Chacon and Jennie Marie Chacon

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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New
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2721 N Bellflower Blvd, Long Beach, CA 90815

Status: Active

Tomo last checked: 07/03/2024 at 8:40 AM

Listing updated: 06/18/2024 at 5:13 PM

Listed by: ENRIQUE VELAZQUEZ, H & R REALTY Phone #: (909) 877-0847

MLS: CRMLS #IV24110965

CRMLS logo

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