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$525,000

Beds
3
Baths
2.0
sq ft
819

8926 Ibsen St, Pico Rivera, CA 90660

8926 Ibsen St

Pico Rivera, CA 90660

  • 120 days on market
    • Price drop $73,500↓
Subject property is currently rented at $3,500/month,title shows 2bedrooms /1bath ,but the subject actually has 3 bedrooms /2 baths ,buyer and buyers agent to verify. Could sell with the tenants or not, depending on the offer and terms. Must sell together with the property next door 8922 Ibsen St,due to covenant recorded both for $1,150,000 Please refer to MLS number DW24110493 for the other property .

Details

Property type

Single Family Residence

Est. home value

$612,991

Lot size

2,882 sq ft

Price per sq ft

$642

Year built

1928

Price History

09/12/2024
CRMLS

CRMLS #DW24103024

Price change
$525,000
-12.28%
08/27/2024
CRMLS

CRMLS #DW24103024

Price change
$598,500
-0.25%
07/02/2024
CRMLS

CRMLS #DW24103024

Listed
$599,999

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights, Sidewalks

High school district: 

Call Listing Office

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

$22,824
Asking price
$525,000
Closing costs (~8% of asking)
-$42,000
Est. remaining loan balance
-$460,176
Cash to seller
$22,824

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

Seller’s Loan History

Lender

Acc Mortgage Inc

Loan start date

March 2023

Original loan amount

$468,750

Est. remaining balance

$460,176

Interest rate

6.12%

Loan type

New Conventional, 30 year

Seller

Johnny Nguyen

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: 10/05/2024 at 8:10 PM

Listing updated: 09/12/2024 at 4:15 AM

Listed by: Suhaila Sabir, Excellence RE Real Estate Phone #: (562) 299-9201

MLS: CRMLS #DW24103024

CRMLS logo

Recently listed in Pico Rivera