tomo logo

$1,850,000

Beds
3
Baths
2.0
sq ft
1,414

1600 Milton St, Redwood City, CA 94061

1600 Milton St

Redwood City, CA 94061

  • 16 days on market
Welcome to your dream home, perfectly situated in a prime location! This stunning property features a brand new kitchen complete with top-of-the-line cabinets and elegant new tile floors. The kitchen seamlessly flows into a formal dining room, creating an open and inviting floor plan perfect for entertaining. The primary bedroom suite is a versatile and stylish retreat, featuring a brand-new full shower bathroom and a spacious walk-in closet that doubles as a potential home office. With its private entrance, this suite also offers the flexibility to function as a junior dwelling unit (JDU), providing homeowners the option to split the property into two separate units, perfect for multi-generational living or rental income opportunities. Step outside to enjoy the meticulously updated landscaping, providing excellent curb appeal and a serene outdoor space. The entire house is bathed in natural light, highlighting the beautiful hardwood floors that run throughout. Don't miss this opportunity to own a home that combines luxury, flexibility, and comfort in one of the most sought-after neighborhoods.

Details

Property type

Single Family Residence

Est. home value

$1,570,709

Lot size

5,000 sq ft

Price per sq ft

$1,309

Year built

1951

HOA

No

Price History

12/20/2024
BridgeMLS

BridgeMLS #ML81985357

Price change
$1,850,000
+8.89%
12/06/2024
BridgeMLS

BridgeMLS #ML81985357

Listed
$1,699,000
+0.59%
09/17/2024
BridgeMLS

BridgeMLS #ML81975564

Removed
$1,689,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

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

$543,931
Asking price
$1,850,000
Closing costs (~8% of asking)
-$148,000
Est. remaining loan balance
-$1,158,069
Cash to seller
$543,931

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

Seller’s Loan History

Lender

Bmo Bank Na

Loan start date

September 2023

Original loan amount

$1,173,750

Est. remaining balance

$1,158,069

Interest rate

6.78%

Loan type

New Conventional, 30 year

Seller

Hormoz Nazari

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: 12/22/2024 at 1:15 PM

Listing updated: 12/20/2024 at 2:10 PM

Listed by: Allen Nazari, Park Lane Capital Inc Phone #: (650) 313-7619

MLS: BridgeMLS #ML81985357

BridgeMLS logo

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