tomo logo

$1,395,000

Beds
4
Baths
2.5
sq ft
2,535

8418 Pinelake Dr, West Hills, CA 91304

8418 Pinelake Dr

West Hills, CA 91304

  • 45 days on market
    • Price drop $64,000↓
This updated two-story home in the sought-after area of West Hills combines luxury and functionality with stunning views and a sparkling pool in the entertainer’s backyard. The property boasts a bright and airy interior, featuring a spacious living room, a cozy family room, and a formal dining area, all bathed in natural light. The large kitchen is a chef’s dream, equipped with marble countertops, abundant cabinetry, and a double door oven. The primary suite is generously sized, complete with a walk-in closet and a beautifully updated bathroom that includes double sinks, a standup shower, and a bathtub. The secondary bathroom has also been updated with double sinks and a standup shower. The home’s backyard is perfect for hosting gatherings, offering ample space along with breathtaking views and a refreshing pool. Additional features include a two-car garage with direct access and fully paid-off solar panels. There is also an exciting opportunity for expansion with an additional unused lot on the side of the house, which could be utilized for building an extra dwelling or accommodating RV parking. This home offers modern amenities with potential for further enhancement, making it a fantastic find in West Hills. Items included: Solar Panels (paid off), Water Softener (paid off), Ring System and Alarm, Pool Fence. The Fridge and W/D are Excluded from Sale.

Details

Property type

Single Family Residence

Est. home value

$1,342,886

Lot size

0.2856 acres

Price per sq ft

$551

Year built

1966

HOA

No

Price History

12/06/2024
CRMLS

CRMLS #SR24230704

Price change
$1,395,000
-4.39%
11/08/2024
CRMLS

CRMLS #SR24230704

Listed
$1,459,000
+26.87%
03/10/2023
CLAW

CLAW #22192997

Sold
$1,150,000
+64.29%

Schools & Community

Neighborhood: 

West Hills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Sidewalks

High school district: 

Los Angeles 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

$216,932
Asking price
$1,395,000
Closing costs (~8% of asking)
-$111,600
Est. remaining loan balance
-$1,066,468
Cash to seller
$216,932

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

Seller’s Loan History

Lender

Pennymac Loan Services Llc

Loan start date

March 2023

Original loan amount

$1,089,000

Est. remaining balance

$1,066,468

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Yousef Mohammad Harasis and Razia Rina Harasis

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?

Similar Homes Nearby

Price drop
CRMLS
$1,298,000
4 bd
|
3 ba
|
2,352 sq ft
|
House

7211 Dennis Ln, West Hills, CA 91307

Price drop
CRMLS
$1,379,000
4 bd
|
3 ba
|
2,515 sq ft
|
House

7907 Cowper Ave, West Hills, CA 91304

Price drop
CRMLS
$1,299,000
4 bd
|
3 ba
|
2,053 sq ft
|
House

24224 Welby Way, West Hills, CA 91307

Status: Active

Tomo last checked: 12/22/2024 at 6:40 PM

Listing updated: 12/16/2024 at 3:50 AM

Listed by: Bobby Karami, Rodeo Realty Phone #: (818) 222-7707

MLS: CRMLS #SR24230704

CRMLS logo

Recently listed in West Hills

$940,000|3 bd|2.0 ba|House
$1,799,000|7 bd|6.5 ba|House
$799,950|4 bd|2.0 ba|House
$859,000|3 bd|2.0 ba|House
$700,000|3 bd|2.0 ba|House
$799,999|4 bd|2.0 ba|House
$997,500|5 bd|2.5 ba|House
$1,750,000|4 bd|3.0 ba|House
$1,089,000|4 bd|2.0 ba|House