tomo logo

$699,000

Beds
2
Baths
1.0
sq ft
822

7111 Willis Ave, Van Nuys, CA 91405

7111 Willis Ave

Van Nuys, CA 91405

  • 3 days on market
Welcome to a charming two bedroom, one bath home with spacious bedrooms and stainless steel kitchen appliances throughout, spacious backyard with the possibility of placing an ADU. Home is fully insulated along with a brand new breaker box in three rear of the home, a train AC Unit. Ceiling fans in each bedroom as well as the living room and dual pane windows.

Details

Property type

Single Family Residence

Est. home value

$774,753

Lot size

5,893 sq ft

Price per sq ft

$851

Year built

1949

HOA

No

Price History

06/30/2024
CLAW

CLAW #24402575

Listed
$699,000

Schools & Community

Neighborhood: 

Van Nuys

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$175,082
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$467,998
Cash to seller
$175,082

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

Seller’s Loan History

Lender

Us Direct Lender

Loan start date

July 2020

Original loan amount

$510,022

Est. remaining balance

$467,998

Interest rate

3.24%

Loan type

New Conventional, 30 year

Seller

Jennifer Kirkendall

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: 07/03/2024 at 6:50 AM

Listing updated: 07/01/2024 at 1:53 PM

Listed by: Natalie Kraiem, Equity Union Phone #: (818) 989-2000

MLS: CLAW #24402575

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