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$1,225,000

Beds
3
Baths
2.0
sq ft
1,500

1600 Nelson Rd, Scotts Valley, CA 95066

1600 Nelson Rd

Scotts Valley, CA 95066

  • 45 days on market
    • Price drop $60,000↓
Turnkey Hillside Retreat in Desirable Scotts Valley! Perched atop a serene hillside in one of Scotts Valleys most sought-after neighborhoods, this beautifully maintained home offers tranquility and convenience. Recent updates include fresh interior paint, custom-built redwood bunk beds, an upgraded furnace, a wood stove insert, and a modernized electrical panel with a transfer switch for a backup generatorperfect for peace of mind. Embrace the best of both worlds: enjoy the peace of country living while staying just minutes from Scotts Valleys attractions, including local restaurants, movie theaters, and state parks. The front patio invites you to relax with stunning sunset views, accompanied by the fragrance of a mature wisteria tree. With ample outdoor space for horses or livestock, tools, equipment, or hobbies, this property offers versatility to suit your lifestyle. Don't miss this opportunity to make this your home!

Details

Property type

Single Family Residence

Est. home value

$1,200,916

Lot size

5.253 acres

Price per sq ft

$817

Year built

1979

Monthly HOA fee

$53

Price History

12/04/2024
BridgeMLS

BridgeMLS #ML81985252

Price change
$1,225,000
-4.67%
11/07/2024
BridgeMLS

BridgeMLS #ML81985252

Listed
$1,285,000
+7.08%
07/20/2023
MLSL

MLSL #ML81931967

Sold
$1,200,000
+38.73%

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

$733,080
Asking price
$1,225,000
Closing costs (~8% of asking)
-$98,000
Est. remaining loan balance
-$393,920
Cash to seller
$733,080

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

July 2023

Original loan amount

$400,000

Est. remaining balance

$393,920

Interest rate

6.79%

Loan type

New Conventional, 30 year

Seller

Joseph Figliomeni and Emily C Figliomeni

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 1:25 PM

Listing updated: 12/22/2024 at 10:45 AM

Listed by: Jose Salas, Room Real Estate Phone #: (831) 713-9139

MLS: BridgeMLS #ML81985252

BridgeMLS logo

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