tomo logo

$848,000

Beds
2
Baths
2.0
sq ft
1,264

1550 Technology Dr Unit 1016, San Jose, CA 95110

1550 Technology Dr Unit 1016

San Jose, CA 95110

  • 60 days on market
    • Price drop $50,000↓
INCREDIBLE PRICE IMPROVEMENT! Here is your chance! A Tuscany Mediterranean Style Living! READY 2 MOVE-IN! BEAUTIFUL, the LARGEST END UNIT HOME in Sonora! Exquisite & TASTEFULLY REMODELED! This BREATHTAKING home offers towering HIGH Ceilings, tall DOUBLE Pane Windows giving AMPLE natural LIGHT! PRIVATE Porch for enjoying the OUTDOORS! COMBINATION Doors LOCKS, OPEN floor Plan, PLANK Flooring, AVIATION Ceiling Fan, Lights w/ DIMMER, RAIN/WATERFALL Shower Heads, Bidet w/ HEATED Seat, CUSTOM Shades, Privacy Glass, & ADT Alarm are just some of the UNIQUE features of this HIGH-END MODERN Urban HOME! Stunning GOURMET kitchen w/ QUARTZ countertop & COZY Kitchen bar, EUROPEAN Style Cabinets w/ Pull-Outs, STAINLESS STEEL Appliances, BLANCO Stain-Resistant Kitchen Sink with MAGNETIC DOCKING Kitchen Faucet! REFRIGERATOR with ice & water dispenser, 5 yrs new LG DUAL WASHERS, & Whirlpool DRYER are STAYING! This HOA offers FIBER INTERNET capability, 24 hours SECURITY, On-Site Manager, Resort Style Living, Billiard Room w/ Kitchen, Business Center, GUEST Suites, VISITOR parking, fire ALARM, Storage & Bike Storage! Close to Rosemary Gardens Park, Freeways (101,87,880), SJ Airport, Caltrain, Restaurants & Shops-Westfield/SANTANA ROW, Companies-GOOGLE/FACEBOOK/APPLE, & LEVI/SAP/AVAYA Stadiums!

Details

Property type

Condominium

Est. home value

$850,729

Lot size

1,264 sq ft

Price per sq ft

$671

Year built

2005

Monthly HOA fee

$605

Price History

06/01/2024
BridgeMLS

BridgeMLS #41058215

Price change
$848,000
-5.57%
05/02/2024
BridgeMLS

BridgeMLS #41058215

Listed
$898,000
+20.36%
05/28/2021
MLSL

MLSL #ML81831775

Sold
$746,098

Schools & Community

Neighborhood: 

North San Jose

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

East Side Union High

Number of units in community: 

315

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

$222,137
Asking price
$848,000
Closing costs (~8% of asking)
-$67,840
Est. remaining loan balance
-$558,023
Cash to seller
$222,137

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

May 2021

Original loan amount

$596,878

Est. remaining balance

$558,023

Interest rate

3.13%

Loan type

New Conventional, 30 year

Seller

Ian Siu and Lillian Tong Siu

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: 07/01/2024 at 9:55 AM

Listing updated: 06/10/2024 at 10:13 PM

Listed by: Gail Ma, Alliance Bay Realty Phone #: (408) 838-5501

MLS: BridgeMLS #41058215

BridgeMLS logo

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