tomo logo

$699,000

Beds
1
Baths
1.0
sq ft
730

1460 Lockhart Gulch Rd, Scotts Valley, CA 95066

1460 Lockhart Gulch Rd

Scotts Valley, CA 95066

  • 107 days on market
    • Price drop $50,000↓
Check out this ideal starter home near the heart of Scotts Valley! Conveniently located for a quick commute to San Jose, this home has that perfect mix of redwood solitude and the convenience of shopping and nearby restaurants. Combining efficiency and elegance, this property features one bedroom, one bathroom, and a spacious living area. The upgraded kitchen features granite countertops, vaulted ceilings, and serves as the heart of the home, creating a bright and open environment. The warm and cozy feel of this home is highlighted by its hardwood flooring and two delightful fireplaces: one in the living room, and an additional fireplace in the bedroom. Outdoors, a partial wraparound deck guides you to a hot tub, offering a tranquil retreat from daily life. The property includes a secondary structure, approximately 300 square feet in size. A 24-battery backup system is connected to both the main house and the secondary structure to ensure uninterrupted power supply. This is an exceptional opportunity, a very affordable single family near the best of Scotts Valley!

Details

Property type

Single Family Residence

Est. home value

$801,574

Lot size

2,831 sq ft

Price per sq ft

$958

Year built

1992

HOA

No

Price History

10/31/2024
BridgeMLS

BridgeMLS #ML81974070

Price change
$699,000
-6.68%
07/23/2024
BridgeMLS

BridgeMLS #ML81974070

Listed
$749,000
-7.53%
07/06/2024
BridgeMLS

BridgeMLS #ML81968632

Removed
$810,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Scotts Valley Unified

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

$327,401
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$315,679
Cash to seller
$327,401

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

Seller’s Loan History

Lender

Optimum First Inc

Loan start date

October 2019

Original loan amount

$352,000

Est. remaining balance

$315,679

Interest rate

3.49%

Loan type

New Conventional, 30 year

Seller

Anthony E Romaine

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: 11/08/2024 at 10:15 AM

Listing updated: 10/31/2024 at 7:25 PM

Listed by: Jesse Collins, Sotheby's International Realty Phone #: (831) 227-9987

MLS: BridgeMLS #ML81974070

BridgeMLS logo

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