tomo logo

$899,000

Beds
2
Baths
2.0
sq ft
1,120

7235 Yarmouth Ave, Reseda, CA 91335

7235 Yarmouth Ave

Reseda, CA 91335

  • 91 days on market
    • Price drop $21,000↓
Come check out this huge lot- no other home for sale compares to its size and spaciousness! Beautiful ready to move-in home nestled in the desirable neighborhood of Reseda. This 2 bedroom 2 bathroom home offers over 1120+ square feet of living space on a 6,773 sq.ft. lot, with its own long private driveway and RV parking. As you enter the home, it offers a blend of modern comfort, spaciousness, and a welcoming atmosphere with plenty of natural light. The expansive living room effortlessly transitions into a private backyard retreat, ideal for relaxing or entertaining, outdoor dining, and beautiful greenery that provides privacy. The oversized and updated garage is primed for your home gym, guest room, creative studio or ADU conversion for extra monthly income. Home upgrades include: Updated roof, new solar panels, new electric vinyl gate, new flooring all throughout home, new epoxy flooring in garage, upgrades to central A/C, and new landscaping. The kitchen and restroom upgrades include newly painted cabinets and Reglazed countertops, featuring a brand-new stainless-steel appliances, and brand new farmhouse sink that will come with the home! Along with new Solar, there is new EV chargers in the garage. The detached garage has been updated with epoxy flooring and new lighting, providing an excellent opportunity to convert into an ADU, offering potential for additional income. Don’t miss out on this gem—perfect for homeowners or investors! Every detail has been carefully considered in this truly special family home. Must see in person, easy to show.

Details

Property type

Single Family Residence

Est. home value

$860,466

Lot size

6,773 sq ft

Price per sq ft

$803

Year built

1946

HOA

No

Price History

10/27/2024
CRMLS

CRMLS #DW24197469

Price change
$899,000
-2.28%
09/23/2024
CRMLS

CRMLS #DW24197469

Listed
$920,000
+17.2%
06/17/2022
CRMLS

CRMLS #SR22093234

Sold
$785,000

Schools & Community

Neighborhood: 

Reseda

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Suburban

High school district: 

Los Angeles 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

$85,829
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$741,251
Cash to seller
$85,829

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

June 2022

Original loan amount

$770,781

Est. remaining balance

$741,251

Interest rate

5%

Loan type

FHA, 30 year

Seller

Maribel Munguia

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: 12/22/2024 at 5:35 PM

Listing updated: 12/21/2024 at 4:35 PM

Listed by: Ruby Cruz, Big Block Powerhouse Realty Phone #: (323) 562-7777

MLS: CRMLS #DW24197469

CRMLS logo

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