tomo logo

$655,000

Beds
2
Baths
2.0
sq ft
1,029

1551 Southgate Ave Unit 105, Daly City, CA 94015

1551 Southgate Ave Unit 105

Daly City, CA 94015

  • <1 day on market
    • Open house Mar 15
This thoughtfully updated two bedroom, two bathroom unit in Serra Heights boasts elegance and comfort. The en suite features a spacious walk in closet with access to an enclosed balcony. The second bedroom offers plenty of natural sunlight which sweeps through the room. Take advantage of the gym, sauna rooms, and pool that are located on the premises. On site laundry is located on every floor for your convenience in mind. Nearby access to public transit, Serramonte Center, and many diverse restaurants makes life hassle free. Enjoy the easy freeway access heading to both San Francisco and the East Bay. This home is definitely worth checking out!

Details

Property type

Condominium

Est. home value

$679,566

Property condition

Updated/Remodeled

Lot size

Unknown

Price per sq ft

$637

Year built

1974

Monthly HOA fee

$792

Price History

03/13/2025
SFAR

SFAR #425019121

Listed
$655,000
+19.63%
03/03/2017
BridgeMLS

BridgeMLS #ML81638274

Sold
$547,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

1

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

$265,425
Asking price
$655,000
Closing costs (~8% of asking)
-$52,400
Est. remaining loan balance
-$337,175
Cash to seller
$265,425

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

Seller’s Loan History

Lender

Home Point Financial Corporation

Loan start date

December 2020

Original loan amount

$373,000

Est. remaining balance

$337,175

Interest rate

2.8%

Loan type

New Conventional, 30 year

Seller

Benson Chau and Cathy Dang Chau

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?

Status: Active

Tomo last checked: 03/14/2025 at 11:45 AM

Listing updated: 03/13/2025 at 2:31 PM

Listed by: Victor Lew, Victor Lew, Broker

MLS: SFAR #425019121

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