tomo logo

$369,999

Beds
1
Baths
1.0
sq ft
706

5500 Lindley Ave Unit 215, Encino, CA 91316

5500 Lindley Ave Unit 215

Encino, CA 91316

  • 91 days on market
    • Price drop $10,000↓
Welcome to Lindley Park Plaza, a sought-after community in the highly desirable Encino, CA, just a few blocks from Ventura Blvd. We are excited to present a freshly renovated condominium unit designed with a contemporary flair. This property features its own secure gated entrance, an abundance of natural light, a private balcony, and access to a pool. Enjoy low HOA dues compared to other nearby associations, freshly painted walls, a newer HVAC system, and a Schlage mobile-enabled security system, all at an affordable price in thebeautiful San Fernando Valley!

Details

Property type

Condominium

Est. home value

$394,408

Lot size

0.9299 acres

Price per sq ft

$525

Year built

1979

Monthly HOA fee

$325.44

Price History

10/31/2024
CRMLS

CRMLS #SR24166993

Price change
$369,999
-2.63%
10/08/2024
CRMLS

CRMLS #SR24166993

Listed
$379,999
08/19/2024
CRMLS

CRMLS #SR24166993

Pending
$379,999

Schools & Community

Neighborhood: 

Encino

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Street Lights, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

48

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

$61,069
Asking price
$369,999
Closing costs (~8% of asking)
-$29,600
Est. remaining loan balance
-$279,330
Cash to seller
$61,069

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

Seller’s Loan History

Lender

Augusta Financial Inc

Loan start date

February 2021

Original loan amount

$305,550

Est. remaining balance

$279,330

Interest rate

2.67%

Loan type

New Conventional, 30 year

Seller

Steven Hochman

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: 11/14/2024 at 2:20 PM

Listing updated: 11/12/2024 at 7:55 PM

Listed by: Taylor Kellstrom, NextHome Real Estate Rockstars Phone #: (661) 262-9224

MLS: CRMLS #SR24166993

CRMLS logo

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