616 Fernwood Pacific Dr Topanga, CA 90290

$667,000 Sold Price as of 01/24/2018

1 Beds
1 Baths
520 Sq.Ft.

Off Market

$667,000 Sold Price as of 01/24/2018 Refinance Your Mortgage

Map preview of 616 Fernwood Pacific Dr, Topanga, CA 90290

Property Overview: 616 Fernwood Pacific Dr Topanga, CA has 1 bedrooms, 1 bathrooms, 520 living square feet and 9,123 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

616 Fernwood Pacific Dr is currently an off market home in the city of Topanga. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Topanga has a median list price of $1,885,000. The median price per/sqft for Topanga is $860. With those numbers in mind, if you are looking to purchase a median priced home in Topanga, CA and put 20% down you will need to save up $377,000 for the down payment and will need roughly $37,700 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Topanga the commission could be as much as $60,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 616 Fernwood Pacific Dr

Last sold for $667,000 on January 24th, 2018

January, 2018
Jan 26, 2018

Date

Sold

CRMLS: 17292810

$667,000

Price
Dec 21, 2017

Date

Active Under Contract

CRMLS: 17292810

$595,000

Price
Dec 8, 2017

Date

Active

CRMLS: 17292810

$595,000

Price
Listing provided courtesy of CRMLS

Charming woodsy cabin located in the desirable Fernwood area known for its ocean breezes and close proximity to PCH and Topanga beach. Corner lot with expansive canyon views from the living room and kitchen. One bedroom, one bath, with cute eat-in kitchen and bonus room that could be used as 2nd bedroom or office. Large sliding glass doors off the living room open to a large wrap-around wood deck, perfect for the morning paper and entertaining. This home also features a wood-burning fireplace, exposed wood beams on ceiling, skylights, wood floors and tile, new paint and washer & dryer in garage. Off street parking on driveway and garage. The timeless character of this cabin lends a perfect canvas for the designer in you. First time on market in nearly 30 years. Lowest priced property in all of Fernwood, great opportunity and must see! In receipt of multiple offers. Owner to review offers on Thursday, December 14. Please submit all offers by Thursday, December 14 @ 12:00PM.

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January, 2018
Jan 24, 2018

Date

Sold (Public Records)

Public Records

$667,000

Price
May, 1998
May 6, 1998

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 616 Fernwood Pacific Dr

Assessed Value (2020): $693,946

Year	Land Value	Improved Value	Assessed Value
2020	$555,157	$138,789	$693,946

About 616 Fernwood Pacific Dr

Detailed summary of property

616 Fernwood Pacific Dr is a single family home in Topanga, CA 90290 and last sold on January 24, 2018 for $667,000. This house has 1 bedrooms, 1 bathrooms, roughly 520 living square feet, and sits on an approximately 9,123 square foot lot. Homes in Topanga are selling for a median price of $1,215,000 and a median price per square foot of $693. Based on Ardent Real Estate Group's Topanga Market Data, this home is sold 45.1% lower than the current median priced home. 616 Fernwood Pacific Dr was last sold on January 24, 2018 for $667,000. Local nearby listings include 2130 Mandeville Canyon Rd, 6030 Manton Ave and 1756 Correa Way. The average home in Topanga, CA is selling in 96 days. There are currently 58 homes for sale in the Topanga real estate market and 54 of them are single family homes while 4 of them are condos and 0 are townhomes. If you are the homeowner and looking to sell the home at 616 Fernwood Pacific Dr Topanga, CA 90290 contact Ardent Real Estate Group and we will put you in touch with one of our Topanga agents.

Public Facts for 616 Fernwood Pacific Dr

Public county record property details

Beds: 1
Baths: 1
Year built: 1959
Sq. Ft.: 520
Lot Size: 9,123
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 7
APN: 4446-004-010

The source for these homes facts are from public records.

90290 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,885,000

Median List Price/Sq.Ft.

$860

Median Sold Price

$1,215,000

Median Sold Price/Sq.Ft.

$693

Total Inventory

Median Sale to List Price %

101.6%

Avg Days on Market

Loan Type

Conventional (20%), FHA (0%), VA (0%), Cash (20%), Other (20%)

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