tomo logo

$1,350,000

Beds
2
Baths
1.5
sq ft
1,108

1318 8th St, Alameda, CA 94501

1318 8th St

Alameda, CA 94501

  • 67 days on market
2 bedroom 1.5 bath home in Alameda near park and beach. Open floor plan. Newly remodeled interior, kitchen, and bathrooms with modern appliances. Across the street from Washington park and down the street from the beach and MayaLin school. Large detached garage and large driveway that can fit ~4 cars. Holding out for the asking price.

Details

Property type

Single Family Residence

Est. home value

$1,262,684

Lot size

4,520 sq ft

Price per sq ft

$1,219

Year built

1920

Price History

05/03/2024
BridgeMLS

BridgeMLS #41058400

Listed
$1,350,000
+3.05%
09/09/2021
BridgeMLS

BridgeMLS #40958446

Sold
$1,310,000

Schools & Community

Neighborhood: 

West End

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$416,537
Asking price
$1,350,000
Closing costs (~8% of asking)
-$108,000
Est. remaining loan balance
-$825,463
Cash to seller
$416,537

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

August 2021

Original loan amount

$880,000

Est. remaining balance

$825,463

Interest rate

2.88%

Loan type

New Conventional, 30 year

Seller

Daniel Merala

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: 07/09/2024 at 9:15 PM

Listing updated: 06/10/2024 at 1:03 PM

Listed by: Jonathan Minerick, HOMECOIN.COM Phone #: (888) 400-2513

MLS: BridgeMLS #41058400

BridgeMLS logo

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