tomo logo

$1,998,000

Beds
5
Baths
4.5
sq ft
2,909

78 E Highland Ave, Sierra Madre, CA 91024

78 E Highland Ave

Sierra Madre, CA 91024

  • 103 days on market
Brand New ADU!!! Welcome to 78 E Highland Ave in the heart of the sought-after Sierra Madre with 5 bedrooms and 4 1/2 bathrooms. This elegantly updated single-level, two-on-the-lot home offers a modern open-concept kitchen with upgraded custom cabinetry, quartz countertops, stainless steel appliances, and a living room with a warm fireplace for those cold winter nights. The front house consists of 3 bedrooms, 2 1/2 baths with 1700+ sqft of living space, which includes a newly permitted 540 sqft addition. The master bedroom offers a spacious layout with an updated en-suite, custom closet, and patio doors leading you out of a modern deck area for fresh air. Wood shutters and beautiful luxury vinyl waterproof floors throughout complete the home. Brand New permitted 1200 sqft ADU offering 2 bedrooms and 2 full bathrooms, an open-concept modern kitchen, and a living room with central heating and air. Need more space? The rear garage with limited access down the side of the house can be used as studio or office space with its pre-plumbed bathroom and your finishing touches. This home is conveniently located near the quaint downtown village of Sierra Madre which offers local shops, trendy eateries, and much more.

Details

Property type

Single Family Residence

Est. home value

$1,289,788

Lot size

9,687 sq ft

Price per sq ft

$687

Year built

1947

Price History

10/09/2024
CRMLS

CRMLS #DW24163673

Removed
$1,998,000
10/02/2024
CRMLS

CRMLS #DW24163673

Listed
$1,998,000
08/08/2024
CRMLS

CRMLS #DW24016555

Removed
$1,998,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Pasadena 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

$1,574,228
Asking price
$1,998,000
Closing costs (~8% of asking)
-$159,840
Est. remaining loan balance
-$263,932
Cash to seller
$1,574,228

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

May 2012

Original loan amount

$365,592

Est. remaining balance

$263,932

Interest rate

3.98%

Loan type

New Conventional, 30 year

Seller

Arnold Richter and Janet Richter

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: 11/19/2024 at 12:25 PM

Listing updated: 10/14/2024 at 12:32 PM

Listed by: Raffaele Cursaro, Raffaele Cursaro Phone #: (714) 321-5159

MLS: CRMLS #DW24163673

CRMLS logo

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