tomo logo

$1,095,000

Beds
5
Baths
3.5
sq ft
2,773

7939 Shalamar Dr, El Cajon, CA 92021

7939 Shalamar Dr

El Cajon, CA 92021

  • 37 days on market
Here's your chance to acquire a completely renovated residence featuring a separate downstairs ADU in a sought-after neighborhood! Revel in breathtaking views from both the main home and the ADU below. The expansive living room boasts laminate flooring, dual pane windows, and a newly installed kitchen with pristine white shaker cabinets, quartz countertops, and stainless steel appliances in both units. The main level comprises 3 bedrooms and 2.5 fully remodeled baths. The ADU on the lower floor offers 2 bedrooms, 1 bath, along with a living room and kitchen. Numerous possibilities abound – live in one unit and rent out the other, accommodate a family member in one, or utilize both floors for Airbnb purposes. Experience the refreshing breeze from your elevated position atop the hill. With a 2-car garage, a spacious driveway, and an additional open carport, parking is ample.

Details

Property type

Single Family Residence

Est. home value

$1,113,078

Lot size

Unknown

Price per sq ft

$395

Year built

1976

Price History

10/17/2024
SanDiego

SanDiego #240024677

Listed
$1,095,000
+4.29%
06/19/2024
SanDiego

SanDiego #240006725

Removed
$1,050,000
03/29/2024
SanDiego

SanDiego #240006725

Listed
$1,050,000
-2.33%

Schools & Community

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

$180,751
Asking price
$1,095,000
Closing costs (~8% of asking)
-$87,600
Est. remaining loan balance
-$826,649
Cash to seller
$180,751

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

May 2022

Original loan amount

$860,000

Est. remaining balance

$826,649

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Sayed Hashmat Sadaat and Sayed Samad Sadaat

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?

Status: Active

Tomo last checked: 11/23/2024 at 3:10 AM

Listing updated: 10/17/2024 at 3:31 PM

Listed by: Justin Shokoor, eXp Realty of California, Inc. Phone #: (888) 584-9427

MLS: SanDiego #240024677

SanDiego logo

Recently listed in El Cajon

$79,900|1 bd|1.0 ba|Manufactured
$149,999|2 bd|2.0 ba|Manufactured
$849,900|3 bd|2.0 ba|House
$849,000|4 bd|2.0 ba|House
$1,450,000|4 bd|2.0 ba|House
$849,000|4 bd|2.0 ba|House
$849,000|4 bd|2.0 ba|House
$209,000|3 bd|2.0 ba|Manufactured
$139,900|2 bd|1.0 ba|Manufactured