tomo logo

$699,000

Beds
2
Baths
2.0
sq ft
1,283

5440 Lindley Ave Unit 316, Encino, CA 91316

5440 Lindley Ave Unit 316

Encino, CA 91316

  • 14 days on market
Residing in Encino is a two-story condo with 2 bedrooms and 2 bathrooms. The unit features an open floorplan with 1,283-SqFt of living space, high ceilings, central AC/Heating, along with recessed lighting, ample storage space and much more. There is a spacious living room with a fireplace and a private patio where you can add seating. Open to the living room is a beautiful kitchen with wood cabinets, stainless steel appliances, plus granite countertops. The unit has a private laundry area. Bedrooms are both bright and spacious. The primary bedroom has a private patio, ample closet, as well as a private ensuite bathroom. The unit comes with 2 assigned parking spaces, it is located in a well-kept building featuring a community pool and spa. Wonderful location. Close to Traders Joes, Balboa Golf Course, parks, dining options and much more.

Details

Property type

Condominium

Est. home value

$664,814

Lot size

2.5749 acres

Price per sq ft

$545

Year built

1973

Monthly HOA fee

$434.5

Price History

06/17/2024
CRMLS

CRMLS #SR24122135

Listed
$699,000
+14.59%
07/19/2022
CRMLS

CRMLS #AR22127655

Sold
$610,000
+45.24%
08/25/2017
CLAW

CLAW #17247836

Sold
$420,000

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Suburban

High school district: 

Los Angeles Unified

Number of units in community: 

81

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

$198,782
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$444,298
Cash to seller
$198,782

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

June 2022

Original loan amount

$457,500

Est. remaining balance

$444,298

Interest rate

5.27%

Loan type

New Conventional, 30 year

Seller

Leyla Ovetsky

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 8:20 AM

Listing updated: 06/23/2024 at 5:23 PM

Listed by: Haik Bokhchalian, JohnHart Real Estate Phone #: (818) 246-1099

MLS: CRMLS #SR24122135

CRMLS logo

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