tomo logo

$1,220,000

Beds
3
Baths
2.5
sq ft
1,647

8424 Lone Tree Way, Brentwood, CA 94513

8424 Lone Tree Way

Brentwood, CA 94513

  • 33 days on market
    • Price drop $79,999↓
Prime 1.1 Acres in Brentwood Discover this exceptional 1.1-acre property located in the heart of Brentwood, strategically zoned for Commercial, Office, and Light Industrial use. This versatile land is perfect for a range of business opportunities or residential development, with the potential for two homes on one lot (up to 3 stories). Home Features: Size: 1,647 sq. ft. Bedrooms: 3 Bathrooms: 2.5 Living Areas: Spacious Living Room, cozy Family Room, and bright Nook The home boasts an open floor plan that encourages flow and functionality. The kitchen features a central island and ample storage, while the family room is highlighted by an adobe brick wood-burning fireplace, offering warmth and charm. The large primary bedroom includes an updated en-suite bathroom and generous closet space. An expansive indoor laundry room provides convenience and additional storage options. Outdoor Features: Parking: Two RV parking spaces, paved driveways with secure metal gates Backyard: A serene retreat with well water access for lush vegetation Utilities: Connected to city water and sewer services Location & Development Potential: Located at the signalized corner of Lone Tree Way and Brentwood Blvd, this property benefits from high visibility and easy access to major thoroughfares.

Details

Property type

Single Family Residence

Est. home value

$927,080

Lot size

1.1 acres

Price per sq ft

$741

Year built

1977

HOA

No

Price History

10/22/2024
BridgeMLS

BridgeMLS #41074821

Price change
$1,220,000
-6.15%
10/03/2024
BridgeMLS

BridgeMLS #41074821

Listed
$1,299,999
+52.94%
04/07/2021
BridgeMLS

BridgeMLS #40889158

Sold
$850,000

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

$457,767
Asking price
$1,220,000
Closing costs (~8% of asking)
-$97,600
Est. remaining loan balance
-$664,633
Cash to seller
$457,767

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

Seller’s Loan History

Lender

Calculated Risk Analytics Llc

Loan start date

April 2021

Original loan amount

$722,500

Est. remaining balance

$664,633

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Ryan Michael Knudsen and Bianca Ruehling

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: 11/05/2024 at 4:00 PM

Listing updated: 10/29/2024 at 1:30 AM

Listed by: Amy Keizer, Realty One Group Elite Phone #: (925) 595-4298

MLS: BridgeMLS #41074821

BridgeMLS logo

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