tomo logo

$635,000

Beds
3
Baths
3.0
sq ft
1,631

8800 Kester Ave Unit 113, Panorama City, CA 91402

8800 Kester Ave Unit 113

Panorama City, CA 91402

  • Pending
    • Price drop $25,000↓
Large Price Reduction! Motivated Sellers! This charming 3-bedroom, 2-bathroom condo offers the perfect blend of comfort and convenience. Situated within a secure, well-maintained complex, this unit boasts a spacious living area, modern kitchen with stainless steel appliances, and a large (900 sq ft) private backyard to enjoy the Southern California weather. All three bedrooms are generously sized with ample closet space, and the master suite features an en-suite bathroom for added privacy. The condo includes central air conditioning, in-unit laundry, and two dedicated parking spaces. Location is key, and this property shines, located directed across from the HOA pool and just a short walk away from the local park, recreation center, and elementary school. HOA fees also cover monthly water and sewer charges. With easy access to shopping, dining, and major freeways, this condo offers the best of Panorama City living. Don't miss out on this fantastic opportunity to own a home in a vibrant and growing community!

Details

Property type

Condominium

Est. home value

$627,279

Lot size

2.8258 acres

Price per sq ft

$390

Year built

1973

Monthly HOA fee

$250

Price History

09/16/2024
CRMLS

CRMLS #BB24165653

Pending
$635,000
08/28/2024
CRMLS

CRMLS #BB24165653

Price change
$635,000
-3.79%
08/18/2024
CRMLS

CRMLS #BB24165653

Listed
$660,000
+14.78%

Schools & Community

Neighborhood: 

Panorama City

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Curbs, Park, Sidewalks

High school district: 

Los Angeles Unified

Number of units in community: 

50

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

$69,699
Asking price
$635,000
Closing costs (~8% of asking)
-$50,800
Est. remaining loan balance
-$514,501
Cash to seller
$69,699

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

Seller’s Loan History

Lender

Finance Of America Mortgage Llc

Loan start date

December 2021

Original loan amount

$546,250

Est. remaining balance

$514,501

Interest rate

3.09%

Loan type

New Conventional, 30 year

Seller

Jeffrey T Williams and Jessica Galinas

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: Pending/Under Contract

Tomo last checked: 09/19/2024 at 8:30 AM

Listing updated: 09/16/2024 at 12:21 PM

Listed by: Wendy De Leon, Engel & Volkers Burbank Phone #: (818) 843-7100

MLS: CRMLS #BB24165653

CRMLS logo

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