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$670,000

Beds
3
Baths
3.0
sq ft
1,344

850 E 116th Pl, Los Angeles, CA 90059

850 E 116th Pl

Los Angeles, CA 90059

  • 49 days on market
THIS IS A REAL A REAL BEAUTY..AND WILL GO FAST!!!!! Situated on a quiet street in a family neighborhood, this delightful two-story home boasts three bedrooms and 2.5 bathrooms, presenting an optimal layout for any family. Situated on the second floor for enhanced privacy, you'll find all the light-filled bedrooms including the master bedroom with an en-suite bathroom, two additional bedrooms, and a full bathroom in the hallway. The first floor provides a seamless connection between the kitchen and dining areas, ideal for hosting gatherings, and includes a half bath and walk-in pantry. The large family room extends into the dining area, creating a smooth transition for dining and relaxation. Outside, unique custom planters with built-in bench seating enhance the space. The patio is spacious enough for a cozy lounge set or an outdoor dining arrangement for enjoying meals outdoors. With major updates like a new roof and water heater, this home stands out as an exceptional option that will quickly draw interest! You'll also appreciate the convenience of nearby schools, parks, freeways, and public transportation.

Details

Property type

Single Family Residence

Est. home value

$657,151

Lot size

3,484 sq ft

Price per sq ft

$499

Year built

1988

HOA

No

Price History

05/13/2024
CLAW

CLAW #24387611

Listed
$670,000
+12.61%
08/18/2021
CRMLS

CRMLS #PW21148644

Sold
$595,000

Schools & Community

Neighborhood: 

Southeast Los Angeles

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

$85,419
Asking price
$670,000
Closing costs (~8% of asking)
-$53,600
Est. remaining loan balance
-$530,981
Cash to seller
$85,419

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

Seller’s Loan History

Lender

Primus Lending Corp

Loan start date

August 2021

Original loan amount

$565,250

Est. remaining balance

$530,981

Interest rate

3.02%

Loan type

New Conventional, 30 year

Seller

David M Taylor

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: 07/01/2024 at 8:55 AM

Listing updated: 05/21/2024 at 4:59 PM

Listed by: Aisha Andrews, Architectural Estates Phone #: (323) 857-1400

MLS: CLAW #24387611

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