tomo logo

$1,050,000

Beds
3
Baths
2.0
sq ft
2,279

8141 Conrad St, Downey, CA 90242

8141 Conrad St

Downey, CA 90242

  • 100 days on market

Details

Property type

Single Family Residence

Est. home value

$922,671

Lot size

7,420 sq ft

Price per sq ft

$461

Year built

1965

Price History

07/02/2024
CRMLS

CRMLS #DW24061704

Price change
$1,050,000
+7.2%
06/18/2024
CRMLS

CRMLS #DW24061704

Listed
$979,500
06/12/2024
CRMLS

CRMLS #DW24061704

Removed
$979,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Park

High school district: 

Downey 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

$119,360
Asking price
$1,050,000
Closing costs (~8% of asking)
-$84,000
Est. remaining loan balance
-$846,640
Cash to seller
$119,360

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

August 2023

Original loan amount

$854,242

Est. remaining balance

$846,640

Interest rate

6.71%

Loan type

FHA, 30 year

Seller

Jose Joel Jimenez and Kenia Iliana Lizbeth Jimenez

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: 07/05/2024 at 11:40 PM

Listing updated: 07/02/2024 at 11:33 AM

Listed by: Mario Grizzelle Jr, C-21 Realty Team Phone #: (562) 531-2001

MLS: CRMLS #DW24061704

CRMLS logo

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