tomo logo

$1,249,000

Beds
3
Baths
1.0
sq ft
1,274

116 Ottawa St, San Mateo, CA 94401

116 Ottawa St

San Mateo, CA 94401

  • 14 days on market
Welcome to 116 Ottawa St, a charming and beautifully updated home in the sought-after North Shoreview neighborhood of San Mateo! This inviting 3-bedroom, 1-bathroom property boasts an open-concept layout with a spacious living room that flows seamlessly into the dining area and remodeled kitchen, perfect for entertaining. A large front window fills the space with abundant natural light, highlighting the refinished hardwood floors that run throughout the home. Step outside to discover a delightful backyard with lush grass, multiple patios, and ample space to relax or entertain outdoors. Modern upgrades include a new roof, air conditioning, and a Tesla charger for convenient EV charging. One of the best features? North Shoreview is no longer in a flood zone, adding peace of mind to your investment. Ideally situated near Highway 101 for easy commuting, and just minutes from vibrant downtowns of Burlingame and San Mateo, this home is the perfect blend of style, comfort, and convenience. Dont miss the chance to make it yours!

Details

Property type

Single Family Residence

Est. home value

$1,343,313

Lot size

5,000 sq ft

Price per sq ft

$981

Year built

1947

HOA

No

Price History

11/08/2024
BridgeMLS

BridgeMLS #ML81985957

Listed
$1,249,000
+3.22%
09/09/2020
BridgeMLS

BridgeMLS #ML81796201

Sold
$1,210,000
-5.1%
05/15/2018
BridgeMLS

BridgeMLS #40818440

Sold
$1,275,000
+82.4%

Schools & Community

Neighborhood: 

North Shoreview

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Mateo Union High

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

$269,035
Asking price
$1,249,000
Closing costs (~8% of asking)
-$99,920
Est. remaining loan balance
-$880,045
Cash to seller
$269,035

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

August 2020

Original loan amount

$968,000

Est. remaining balance

$880,045

Interest rate

3.03%

Loan type

New Conventional, 30 year

Seller

Lance Westlake and Patricia Wolfe

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: 11/23/2024 at 6:35 AM

Listing updated: 11/18/2024 at 5:05 AM

Listed by: Caitlin Beanan, Coldwell Banker Realty Phone #: (650) 576-3994

MLS: BridgeMLS #ML81985957

BridgeMLS logo

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