tomo logo

$688,000

Beds
3
Baths
2.5
sq ft
1,338

8119 Orange St Unit 5, Downey, CA 90242

8119 Orange St Unit 5

Downey, CA 90242

  • 124 days on market
***Exquisite Condo in Desirable Downey*** Private Neighborhood, End Unit, with Complete Tranquility! Charming Entry features Peaceful Garden, Lush Landscape, Large Courtyard, Perfect for Rest & Relaxation. Kitchen Showcases ALL New Stainless Appliances, Quartz Countertops, Ample Cabinetry, and Quaint Dining Area ideal for Breaking Fast or a Favorite Dinner. 1st Floor Exhibits Posh Family Room, New Flooring, Recessed Lighting, Plenty of Natural Light, Tiny Closet, and 1/2 Bath for Guests. 2nd Floor boasts Master Suite, His/Her Sinks, Massive Closet, Small Vanity, and a Personal Patio Perfect for a Summer Sunset! Not good enough? How about a HUGE DECK prime for Entertaining and taking in City Lights!!! Upstairs also displays (2) Spacious Bedrooms, Comfy Carpet, Linen Closet, and Mirrored Closet Doors. Amenities include (2) Car Attached Garage, Generous Storage Area, Side Work Shop, Modest Laundry Area, Soothing Spa, and Cool Fire Pit! (Check out the VIRTUAL TOUR!!)

Details

Property type

Condominium

Est. home value

$690,119

Property condition

Updated/Remodeled

Lot size

0.4836 acres

Price per sq ft

$515

Year built

1984

Monthly HOA fee

$400

Price History

08/22/2024
CRMLS

CRMLS #TR24143996

Listed
$688,000
08/13/2024
CRMLS

CRMLS #TR24143996

Pending
$688,000
07/22/2024
CRMLS

CRMLS #TR24143996

Listed
$688,000
+2.69%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Street Lights, Sidewalks, Park

High school district: 

Downey Unified

Number of units in community: 

8

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

$113,006
Asking price
$688,000
Closing costs (~8% of asking)
-$55,040
Est. remaining loan balance
-$519,954
Cash to seller
$113,006

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

Seller’s Loan History

Lender

Mk Lending Corp

Loan start date

September 2022

Original loan amount

$536,000

Est. remaining balance

$519,954

Interest rate

5.54%

Loan type

New Conventional, 30 year

Seller

Malena Mego and Carlos M Parada

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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CRMLS
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8300 Lexington Rd Unit 1, Downey, CA 90241

Status: Active

Tomo last checked: 11/22/2024 at 7:00 PM

Listing updated: 10/28/2024 at 8:55 AM

Listed by: Robert Dodson, Dodson Realty Phone #: (626) 488-0936

MLS: CRMLS #TR24143996

CRMLS logo

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