tomo logo

$2,249,000

Beds
5
Baths
5.0
sq ft
5,104

5617 Terra Bella Ln, Camarillo, CA 93012

5617 Terra Bella Ln

Camarillo, CA 93012

  • 45 days on market
    • Price drop $100,000↓
$100,000.00 Price Improvement for this Calarosa Ranch Comppund on a sprawling 20,264 sq ft corner lot and offer's 5,104 sq ft of elegant living space. Step through the front door to be greeted by a stunning staircase and grand foyer. The home boasts high-end finishes including French doors, floor-to-ceiling windows, luxurious granite countertops, chef's kitchen is equipped with top-of-the-line Thermador 6-burner stove, a steel microwave, and a Sub-Zero refrigerator, custom 1500 bottle temperature controlled wine cellar, spacious laundry room, a large bonus room and a service staircase convenient for day-to-day use. The home features 5 spacious bedrooms and 5.5 bathrooms, full bed and bath on the main floor, the second floor main bedroom retreat is complete with living room, wet bar, private balconies and a luxurious bathroom with a Bragg & Co. jetted soaking tub, a walk-in closet with abundant storage and custom drawers/shelving. Outside, the resort-like backyard is perfect for entertaining with a fireplace, seating area, BBQ, large built in spa and waterfall, enhanced by Malibu lighting. Mature landscaping and fruit trees offer privacy and tranquility. Additional highlights include wood plantation shutters throughout, a 3-car garage, and abundant storage space. This stunning home offers unparalleled luxury and comfort in the highly sought-after Calarosa Ranch.

Details

Property type

Single Family Residence

Est. home value

$2,002,990

Lot size

0.47 acres

Price per sq ft

$441

Year built

2004

Monthly HOA fee

$160

Price History

01/21/2025
CRMLS

CRMLS #BB24244244

Price change
$2,249,000
-4.26%
12/09/2024
CRMLS

CRMLS #BB24244244

Listed
$2,349,000
+18.94%
05/31/2023
CRMLS

CRMLS #V1-17121

Sold
$1,975,000
+58%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Pleasant Valley

Number of units in community: 

60

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

$524,706
Asking price
$2,249,000
Closing costs (~8% of asking)
-$179,920
Est. remaining loan balance
-$1,544,374
Cash to seller
$524,706

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

Seller’s Loan History

Lender

Optionwide Financial Corp

Loan start date

March 2023

Original loan amount

$1,580,000

Est. remaining balance

$1,544,374

Interest rate

6.13%

Loan type

New Conventional, 30 year

Seller

Douglys W Carnett and Lindsey N Carnett

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: 01/23/2025 at 8:45 AM

Listing updated: 01/21/2025 at 1:55 PM

Listed by: Blaine Ostrander, Redfin Corporation Phone #: (877) 973-3346

MLS: CRMLS #BB24244244

CRMLS logo

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