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$3,695,178Estimated home value

Beds
4
Baths
3.5
sq ft
2,864

844 Palms Blvd, Venice, CA 90291

844 Palms Blvd

Venice, CA 90291

  • Sold On 6/27/2018
A private oasis tucked behind lush landscaping on a large (5300 sq') Walk Street neighborhood lot! Beautiful architectural elements including a sculptural steel staircase, polished concrete and gleaming walnut floors, and walls of glass compliment the great flow of this 3 bed/3 bath family home with attached guest house. Dramatic outdoor spaces - from the expansive outdoor living room with built in fire pit to the al fresco dining room, the sparkling swimming pool with current generator to the 800 sq' rooftop sundeck - provide that coveted indooor/outdoor flow. And did we mention the guest house? Use the attached 1 bed/1 bath unit for guests, nanny suite, legal rental income, or as an extended living space/pool house for the main residence - this flexible, open floorplan space provides endless opportunities. High end finishes include stainless steel Sub-Zero, Wolf and Lebherr appliances, custom built in cabinetry, and security system. Two car spacious garage parking off the alley.

Details

Property type

Single Family Residence

Est. home value

$3,695,178

Lot size

5,299 sq ft

Price per sq ft

$1,205

Year built

1964

Price History

12/21/2024
CLAW

CLAW #24457507

Removed
$3,850,000
11/07/2024
CLAW

CLAW #24457507

Listed
$3,850,000
+10%
06/27/2018
CLAW

CLAW #18320094

Sold
$3,500,000

Schools & Community

Neighborhood: 

Venice

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

$596,137
Asking price
$3,450,000
Closing costs (~8% of asking)
-$276,000
Est. remaining loan balance
-$2,577,863
Cash to seller
$596,137

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

March 2022

Original loan amount

$2,725,000

Est. remaining balance

$2,577,863

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Geoffrey A Weg

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: Off Market

Tomo last checked: 12/22/2024 at 12:45 PM

Listing updated: 05/13/2024 at 11:36 AM

Listed by: Tiffany Rochelle, Compass Phone #: (310) 437-7500

MLS: CLAW #18320094

CLAW logo

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