tomo logo

$889,900

Beds
3
Baths
1.5
sq ft
1,005

8224 Arnett St, Downey, CA 90241

8224 Arnett St

Downey, CA 90241

  • 64 days on market
    • Price drop $6,000↓
Explore this captivating single-story tucked perfectly within the Heart of Downey. A True MUST-SEE Gem, This precious home boasts of 3 bedrooms, 2 bathrooms, 2 car garage (ADU convertible), an enclosed patio/Family-Room/4th Bedroom, covered car port, gated driveway, and a lot more..... A community rarity, the rear yard consists of multiple fruit trees such as avocado, peach, apple, lemon and persimmon trees. Upgrades include central air conditioning, double pane windows, updated plumbing, newer exterior paint, newer roof and new flooring; Completely TURNKEY. YOU WILL LOVE THIS HOME! Very close to shopping, banking, dinning, etc. Walking distance to High School.

Details

Property type

Single Family Residence

Est. home value

$712,231

Lot size

4,849 sq ft

Price per sq ft

$886

Year built

1946

HOA

No

Price History

11/07/2024
CRMLS

CRMLS #IG24184974

Price change
$889,900
-0.67%
10/20/2024
CRMLS

CRMLS #IG24184974

Price change
$895,900
-0.44%
10/12/2024
CRMLS

CRMLS #IG24184974

Price change
$899,900
-0.44%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Suburban

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

$139,482
Asking price
$889,900
Closing costs (~8% of asking)
-$71,192
Est. remaining loan balance
-$679,226
Cash to seller
$139,482

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

August 2022

Original loan amount

$702,050

Est. remaining balance

$679,226

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Carolin Lavern Mckie and Carolin Lavern Mckie Rlt

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: 11/22/2024 at 6:50 PM

Listing updated: 11/17/2024 at 3:40 PM

Listed by: Whenrica McAfee, Excellence RE Real Estate Phone #: (562) 948-4553

MLS: CRMLS #IG24184974

CRMLS logo

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