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$779,000

Beds
3
Baths
1.5
sq ft
1,040

96 E Palomar St, Chula Vista, CA 91911

96 E Palomar St

Chula Vista, CA 91911

  • 22 days on market
    • Price drop $20,000↓
Single level home remodeled in 2022. Updated kitchen with modern cabinets, countertops and backsplash. Open dinning area with additional counter height seating overlooking the kitchen. Updated lighting and modern paint in the Livingroom. Large usable lot with space for RV. Stamped concrete steps leading to the front door with palm trees and low maintenance front yard. Detached garage in the back yard was converted to an unpermitted 1 bedroom unit; remodeled, fenced, and rented. Amazing income opportunity for the right buyer! Property is close to public transportation, restaurants, and shops.

Details

Property type

Single Family Residence

Est. home value

$694,780

Lot size

7,400 sq ft

Price per sq ft

$750

Year built

1961

Price History

05/28/2024
SanDiego

SanDiego #PTP2402804

Price change
$779,000
-2.5%
05/10/2024
SanDiego

SanDiego #PTP2402804

Listed
$799,000
+33.17%
03/15/2022
SanDiego

SanDiego #PTP2201429

Sold
$600,000

Schools & Community

Neighborhood: 

Southwest

Elementary school: 

Unknown

Middle school: 

Sweetwater Union High School District

High school: 

Sweetwater Union High School District

Number of units in community: 

1

Tracey, Home Search Advisor
Tracey
Home Search Advisor

How can I help? Hi, I’m Tracey, your real estate expert. Send me your questions about this listing or about shopping for homes.

or text or call (404) 738-5385

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

$199,413
Asking price
$779,000
Closing costs (~8% of asking)
-$62,320
Est. remaining loan balance
-$517,267
Cash to seller
$199,413

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

March 2022

Original loan amount

$540,000

Est. remaining balance

$517,267

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Ernesto Magana 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?

Status: Active

Tomo last checked: 06/01/2024 at 2:35 AM

Listing updated: 05/31/2024 at 8:34 PM

Listed by: Ernesto Magana, Phone #: (858) 503-1220

MLS: SanDiego #PTP2402804

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