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$1,749,000

Beds
4
Baths
2.5
sq ft
1,860

7724 W 85th St, Playa Del Rey, CA 90293

7724 W 85th St

Playa del Rey, CA 90293

  • 14 days on market
Completely remodeled one level home with really high end finished throughout. This 1860 square foot house sits on a 5,001 square foot lot and features 4 bedrooms and 2.5 bathrooms with a 2 car detached garage off of the back alley. The home has solid stone white Countertops, brand new cabinetry, wood burning fireplace, central heat and AC. There are beautiful fixtures and lighting and new stainless appliances throughout the home. If your looking for a large open Great room and a bright and airy home- this is it! There is 200 Amp electric, copper and pex plumbing. The washer and dryer are included along with the Ring security systems. The detached oversized 2 car garage is off the back alley and has ADU potential. The lush green back yard should be seen to be appreciated. Mature trees with plenty of privacy with patio area and artificial turf in the back and lush succulents in the front. This is a turnkey home fully remodeled in 2020. Nearby schools include Del Rey Parochial Academy, Paseo Del Rey Natural Science Magnet and Westchester Enriched Sciences Magnets. The closest grocery stores are Bristol Farms, Howe Mart, Ralphs and Gordon's Market. Nearby coffee shops include KC's Crêpes Café, CoCo Fresh Tea and Juice and Kc's Cafe. Nearby restaurants include Beach Pizza, and Tandoor-A-India. Playa Vista Park and Crescent Park at Playa Vista. This home is a short walk to the beach and all the best of Playa Del Rey and Playa Vista.

Details

Property type

Single Family Residence

Est. home value

$1,546,691

Lot size

5,001 sq ft

Price per sq ft

$941

Year built

2020

Price History

09/05/2024
CRMLS

CRMLS #SB24184046

Listed
$1,749,000

Schools & Community

Neighborhood: 

Playa Del Rey

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

High school district: 

More Than 1 District - Call L/O

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

$1,255,319
Asking price
$1,749,000
Closing costs (~8% of asking)
-$139,920
Est. remaining loan balance
-$353,761
Cash to seller
$1,255,319

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

January 2021

Original loan amount

$450,000

Est. remaining balance

$353,761

Interest rate

2.28%

Loan type

New Conventional, 15 year

Seller

Tad Thormodsgaard and Kelly Jean Thormodsgaard

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: 09/18/2024 at 5:00 PM

Listing updated: 09/17/2024 at 3:01 PM

Listed by: Tad Thormodsgaard, Palm Realty Boutique, Inc. Phone #: (310) 702-6999

MLS: CRMLS #SB24184046

CRMLS logo