tomo logo

$542,500

Beds
2
Baths
1.0
sq ft
840

1367 Phelps Ave Unit 2, San Jose, CA 95117

1367 Phelps Ave Unit 2

San Jose, CA 95117

  • Pending
Discover the perfect place to begin your homeownership journey—a beautifully upgraded, move-in-ready ground-floor condo where modern elegance meets everyday comfort. Featuring luxurious vinyl flooring, recessed lighting, stainless steel appliances, and granite countertops, this home is designed with thoughtful attention to detail. Unwind in the spacious master bedroom, spacious enclosed patio, and enjoy the benefits of LOW HOA dues covering roof, water and trash. With two assigned carport spaces and community amenities like a pool and laundry facilities, this residence offers the ideal combination of style, convenience, and value. Don’t wait—schedule your tour today and take the first step toward your dream home!

Details

Property type

Condominium

Est. home value

$560,344

Lot size

840 sq ft

Price per sq ft

$646

Year built

1963

Monthly HOA fee

$366

Price History

12/20/2024
BridgeMLS

BridgeMLS #41079759

Pending
$542,500
12/03/2024
BridgeMLS

BridgeMLS #41079759

Listed
$542,500
+2.36%
02/02/2023
MLSL

MLSL #ML81915538

Sold
$530,000
+29.27%

Schools & Community

Neighborhood: 

West San Jose

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$12,292
Asking price
$542,500
Closing costs (~8% of asking)
-$43,400
Est. remaining loan balance
-$486,808
Cash to seller
$12,292

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

Seller’s Loan History

Lender

Bank Of The West

Loan start date

January 2023

Original loan amount

$497,623

Est. remaining balance

$486,808

Interest rate

6.33%

Loan type

New Conventional, 30 year

Seller

Thanh Nguyen and Cindy Lam

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: Pending/Under Contract

Tomo last checked: 12/22/2024 at 6:50 AM

Listing updated: 12/19/2024 at 10:45 PM

Listed by: Chloe See, Compass Phone #: (510) 309-6455

MLS: BridgeMLS #41079759

BridgeMLS logo

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