tomo logo

$560,000

Beds
2
Baths
1.0
sq ft
877

114 Monte Verano Ct, San Jose, CA 95116

114 Monte Verano Ct

San Jose, CA 95116

  • 119 days on market
    • Price drop $20,000↓
This stunning 2-bedroom condo is a hidden gem located in a gated community within San Jose's Alum Rock neighborhood! Enjoy a modern kitchen with granite countertops, freshly painted cabinets, and brand-new stainless steel appliances! This condo features an in unit washer/dryer, no more trips to the laundromat! The luxurious dual-entry bathroom has distinct individual sink/vanity areas - feels like two separate bathrooms! Relax by the built-in electric fireplace, and set the mood with smart-controlled, color-changing recessed lighting in the living room. Enjoy the outdoors with a spacious private patio or relax by the pool! Need storage? We've got you covered with a walk-in closet in the primary bedroom, storage cabinets in the hallway, and an additional spacious storage closet by the patio. Never worry about parking with 2 private covered spots! This condo is a commuter's dream with easy access to highways 680, 880, 101, and 87. Additionally, enjoy a fully-equipped gym and a communal laundry room. The cherry on top? This well-managed community is undergoing renovations to comply with CA Senate Bill 326, and these improvements are already fully paid for, one less thing to worry about! Don't miss your chance to own this slice of paradise!

Details

Property type

Condominium

Est. home value

$543,080

Lot size

Unknown

Price per sq ft

$639

Year built

1988

Monthly HOA fee

$480

Price History

09/05/2024
BridgeMLS

BridgeMLS #ML81974475

Price change
$560,000
-3.45%
07/25/2024
BridgeMLS

BridgeMLS #ML81974475

Listed
$580,000
+8.41%
04/29/2022
MLSL

MLSL #ML81884623

Sold
$535,000

Schools & Community

Neighborhood: 

Alum Rock-East Foothills

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

East Side Union High

Number of units in community: 

96

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

$57,229
Asking price
$560,000
Closing costs (~8% of asking)
-$44,800
Est. remaining loan balance
-$457,971
Cash to seller
$57,229

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

Seller’s Loan History

Lender

Broker Solutions Inc

Loan start date

April 2022

Original loan amount

$481,500

Est. remaining balance

$457,971

Interest rate

3.76%

Loan type

New Conventional, 30 year

Seller

Timothy John Wallis

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: 11/21/2024 at 7:50 PM

Listing updated: 10/27/2024 at 3:25 AM

Listed by: Jeff Wallis, Intero Real Estate Services Phone #: (408) 805-2118

MLS: BridgeMLS #ML81974475

BridgeMLS logo

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