tomo logo

$573,500

Beds
2
Baths
2.5
sq ft
1,374

18421 Opal Ln, Morgan Hill, CA 95037

18421 Opal Ln

Morgan Hill, CA 95037

  • 107 days on market
This Property falls under the Below Market Rate Program and is subject to a 45-year Resale Restriction with the City of Morgan Hill. OCCUPANCY: 3 min/ 5 max. INCOME MAX for household: 1pl-$152,300, 2ppl-$174,050, 3ppl-$195,800, 4ppl-$217,550, 5pppl-$234,950. Applicants MUST BE first time home buyers, income eligible and must qualify for the opportunity. Program qualifications and guidelines are important to read and review before beginning the process. See City Guidelines for preferences.

Details

Property type

Condominium

Est. home value

$639,444

Lot size

Unknown

Price per sq ft

$418

Year built

2008

Monthly HOA fee

$417

Price History

03/18/2024
BridgeMLS

BridgeMLS #ML81958028

Listed
$573,500
+14.93%
07/30/2021
MLSL

MLSL #ML81840361

Sold
$499,000
+45.58%
11/21/2014
BridgeMLS

BridgeMLS #ML81432843

Sold
$342,762

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Morgan Hill 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

Silicon Valley Bank

Loan start date

July 2021

Original loan amount

$484,030

Est. remaining balance

$453,497

Interest rate

2.96%

Loan type

New Conventional, 30 year

Seller

Yaqin Lin

Lender

City Of Morgan Hill

Loan start date

July 2021

Original loan amount

$484,030

Est. remaining balance

Not provided

Interest rate

3%

Loan type

Commercial

Seller

Yaqin Lin

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: 07/04/2024 at 2:15 PM

Listing updated: 06/18/2024 at 10:13 PM

Listed by: Edgar Meneses, Exit Realty Keystone Phone #: (408) 644-9062

MLS: BridgeMLS #ML81958028

BridgeMLS logo

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