tomo logo

$999,998

Beds
2
Baths
2.5
sq ft
1,370

182 Velocity Way, San Jose, CA 95110

182 Velocity Way

SAN JOSE, CA 95110

  • 142 days on market
    • Price drop $60,002↓
Rare, newly built (2020) town-house style condo by Trumark Homes. This stunning condo features two spacious suites with full bathrooms. The bright and high ceiling (10 feet tall) floorplan yields plenty of natural lights, wood flooring, recessed lights, stainless-steel appliances, central air conditioning (multi-zone), tankless water heater, water softener, washer and dryer in unit, etc. Elegant modern updates throughout (over $50K) include glass stair railings, circulation pump (allows quick/instant hot water), Hestan Kegerator, epoxy garage flooring, double pane windows. Close proximity to San Pedro Square market, restaurants, shopping. Easy access to HW 87, 101, and 280. Minutes away to Nvidia, Apple Headquarter, Google, Cisco, Oracle as well San Jose Mineta Airport.

Details

Property type

Condominium

Est. home value

$1,109,033

Lot size

Unknown

Price per sq ft

$730

Year built

2020

Monthly HOA fee

$308

Price History

03/05/2024
MLSL

MLSL #ML81953680

Price change
$999,998
-5.66%
02/07/2024
MLSL

MLSL #ML81953680

Listed
$1,060,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Jose 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

$250,654
Asking price
$999,998
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$669,344
Cash to seller
$250,654

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

November 2020

Original loan amount

$727,045

Est. remaining balance

$669,344

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Tristan Hedges and Ekaterina Belyaeva

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: 06/29/2024 at 6:15 AM

Listing updated: 05/09/2024 at 7:52 PM

Listed by: Dat H. Huynh, Dat Huynh, Dat H. Huynh, Dat Huynh, Dat Huynh, Dat Huynh, Golden Land Real Estate, Inc. Phone #: (408) 752-6894

MLS: MLSL #ML81953680

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