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$589,000

Beds
1
Baths
1.0
sq ft
438

8808 Paseo St, Paramount, CA 90723

8808 Paseo St

Paramount, CA 90723

  • 58 days on market
    • Price drop $16,000↓
Attention investors and homebuyers! This property, set on a generous lot, offers an excellent opportunity to expand or build your dream home. Key features include a newly installed roof and windows for durability and low maintenance, along with freshly painted interiors, making it ready for immediate move-in. Enjoy the comfort of ceiling fans in both the bedroom and living room, with convenient laundry hookups inside the home. The flooring combines tile and plush carpet for a cozy feel. Outside, a spacious patio with a beautiful gazebo is perfect for summer BBQs and entertaining. The ample driveway accommodates up to three cars. The standout feature of this property is the large lot, providing incredible potential for expansion or additional development. The beautifully landscaped grounds offer plenty of space for family gatherings, entertaining friends, or simply enjoying the outdoors. This property is a rare find, combining immediate livability with vast potential for future growth. Don’t miss out on this opportunity—it won't last long!

Details

Property type

Single Family Residence

Est. home value

$534,566

Lot size

6,158 sq ft

Price per sq ft

$1,345

Year built

1947

Price History

08/23/2024
CRMLS

CRMLS #RS24151650

Price change
$589,000
-2.64%
07/23/2024
CRMLS

CRMLS #RS24151650

Listed
$605,000
+21%
08/15/2022
CRMLS

CRMLS #DW22098690

Sold
$500,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Paramount 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

$121,063
Asking price
$589,000
Closing costs (~8% of asking)
-$47,120
Est. remaining loan balance
-$420,817
Cash to seller
$121,063

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

Seller’s Loan History

Lender

Everett Financial Inc

Loan start date

August 2023

Original loan amount

$425,823

Est. remaining balance

$420,817

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Juan Jose Sahagun Jr

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: 09/18/2024 at 6:00 PM

Listing updated: 09/15/2024 at 3:00 PM

Listed by: Gloria Arbizo, First Team Real Estate - Cerritos Phone #: (562) 884-9644

MLS: CRMLS #RS24151650

CRMLS logo

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