tomo logo

$840,000

Beds
2
Baths
1.5
sq ft
1,006

1550 5th St, Concord, CA 94519

1550 5th St

Concord, CA 94519

  • 33 days on market
Indulge in yourself in this meticulously maintained Concord home. Boasting an exclusive 11x15 modern studio complete with its own half bath, explore the potential for an ADU, gym, or hobby room. The main residence, featuring 2 bedrooms and 1 bathroom, underwent a comprehensive remodel, seamlessly blending mid-century modern aesthetics with its original charm. High ceilings and stunning red oak hardwood floors grace the living/dining kitchen area, enhancing the sense of openness. Designed for culinary enthusiasts, the chef's kitchen delights with ample storage, a 5-burner gas cook-top with downdraft, a newer GE oven, warming drawer, pendant lighting, custom concrete countertops, and a stainless-steel backsplash. The bathroom is a sanctuary of unique design elements, including a soaking tub and a generously sized separate shower. Experience indoor-outdoor harmony with two sets of Anderson French doors, each equipped with Phantom screens, opening onto a wrap-around covered deck accessible from the primary bedroom. The backyard, a haven for gardeners, features fruit trees, various berries, a grape arbor, vegetables, a grey water system, and a new hot tub with a pergola. Additional highlights include an owned Tesla solar system, a new tankless water heater and a water softening system

Details

Property type

Single Family Residence

Est. home value

$790,882

Property condition

Updated/Remodeled

Lot size

5,340.456 sq ft

Price per sq ft

$835

Year built

1941

HOA

No

Price History

10/22/2024
SFAR

SFAR #424072640

Listed
$840,000
+5.13%
06/04/2024
SFAR

SFAR #424023259

Removed
$799,000
05/09/2024
SFAR

SFAR #424023259

Price change
$799,000
-2.56%

Schools & Community

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

$451,606
Asking price
$840,000
Closing costs (~8% of asking)
-$67,200
Est. remaining loan balance
-$321,194
Cash to seller
$451,606

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

Seller’s Loan History

Lender

Plaza Home Mortgage Inc

Loan start date

March 2021

Original loan amount

$350,000

Est. remaining balance

$321,194

Interest rate

2.79%

Loan type

New Conventional, 30 year

Seller

Keith E Averell

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: 11/24/2024 at 12:45 PM

Listing updated: 10/22/2024 at 12:01 PM

Listed by: Randy Romero, Vanguard Properties

MLS: SFAR #424072640

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