tomo logo

$3,500,000

Beds
3
Baths
2.0
sq ft
1,720

1771 University Ave, Palo Alto, CA 94301

1771 University Ave

Palo Alto, CA 94301

  • 16 days on market
This property is located at the prestigious Crescent Dr. neighborhood surrounded by many mega mansions! Convenient location with easy access to freeway and close to downtown Palo Alto, Stanford University and many high-tech companies. Top Palo Alto schools. All you need is a vision to remodel or to rebuild to turn this fixer into a gem. A remodel permit was approved last year, and the city planner said the new owner could easily extend it. The next door neighbor at 90 Crescent Dr. with similar lot size was sold for $4.15M for the land and a new house is being built. Buyer should do all due diligence.

Details

Property type

Single Family Residence

Est. home value

$3,698,325

Lot size

8,926 sq ft

Price per sq ft

$2,035

Year built

1952

HOA

No

Price History

12/06/2024
BridgeMLS

BridgeMLS #ML81987373

Listed
$3,500,000
07/13/2024
BridgeMLS

BridgeMLS #ML81966263

Removed
$3,500,000
06/09/2024
BridgeMLS

BridgeMLS #ML81966263

Listed
$3,500,000
+27.27%

Schools & Community

Neighborhood: 

Crescent Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palo Alto Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Bank Of America Natl Tr & Svgs Assn

Loan start date

June 1996

Original loan amount

$375,000

Est. remaining balance

Not provided

Interest rate

7.75%

Loan type

Not Provided, 30 year

Seller

Susan E Lubais

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 3:20 AM

Listing updated: 12/19/2024 at 3:25 AM

Listed by: Jennifer Liu, Coldwell Banker Realty Phone #: (650) 575-7035

MLS: BridgeMLS #ML81987373

BridgeMLS logo

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