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$1,190,000

Beds
3
Baths
2.0
sq ft
1,430

5314 Selmaraine Dr, Culver City, CA 90230

5314 Selmaraine Dr

Culver City, CA 90230

  • 109 days on market
    • Price drop $109,900↓
Located in the quiet Sunkist Park neighborhood of Culver City convenient to the 405 freeway, restaurants & shops. This lovely home is close proximity to the desired El Marino School. This inviting home has 3 bedrooms, 2 baths and a step down living room with fireplace, kitchen with a dining nook and recessed can lighting. Soap stone counter tops and tile flooring. The bathrooms have been previously updated. Direct access from the home into the 2 car garage, and backyard with spa.

Details

Property type

Single Family Residence

Est. home value

$1,387,033

Lot size

4,934 sq ft

Price per sq ft

$833

Year built

1951

Price History

10/10/2024
CRMLS

CRMLS #IV24147584

Price change
$1,190,000
-8.45%
08/21/2024
CRMLS

CRMLS #IV24147584

Price change
$1,299,900
-5.12%
07/19/2024
CRMLS

CRMLS #IV24147584

Listed
$1,370,000

Schools & Community

Neighborhood: 

Sunkist Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Suburban, Sidewalks

High school district: 

Culver City 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

$739,363
Asking price
$1,190,000
Closing costs (~8% of asking)
-$95,200
Est. remaining loan balance
-$355,437
Cash to seller
$739,363

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

Seller’s Loan History

Lender

Phh Mortgage Services Corp

Loan start date

July 2010

Original loan amount

$512,000

Est. remaining balance

$355,437

Interest rate

4.78%

Loan type

New Conventional, 30 year

Seller

Michael Sean Nichols and Yuki Goso Nichols

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: 11/05/2024 at 1:30 AM

Listing updated: 10/10/2024 at 5:46 PM

Listed by: JOHN MARTINDALE, GS STRATEGIES, INC. Phone #: (909) 723-1730

MLS: CRMLS #IV24147584

CRMLS logo

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