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$395,000

Beds
1
Baths
1.0
sq ft
872

199 New Montgomery St Unit 408, San Francisco, CA 94105

199 New Montgomery St Unit 408

San Francisco, CA 94105

  • 854 days on market
1 bedroom, 1 bath, Below Market Rate (BMR) housing opportunity available at 100% Area Median Income (AMI). Maximum income for 1 people = $97,000; 2 people = $102,500; 3 = $115,300; 4 = $128,100. Must be 1st-time homebuyer & income eligible. Unit available thru the Mayor's Office of Housing and Community Development (MOHCD) & subject to resale controls, monitoring & other restrictions. Unit will be listed on DAHLIA, the SF Housing Portal (https://housing.sfgov.org) starting on the application date, July 12, 2022. Visit https://housing.sfgov.org for application & program info. Application, loan pre-approval, and homebuyer education verification due on August 4, 2022 Property is on first come first serve basis. NEW PRICE!!

Details

Property type

Condominium

Est. home value

$596,348

Lot size

0.2949 acres

Price per sq ft

$453

Year built

2004

Monthly HOA fee

$627

Price History

07/19/2022
SFAR

SFAR #423906098

Listed
$395,000

Schools & Community

Neighborhood: 

Yerba Buena

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

174

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

$177,940
Asking price
$395,000
Closing costs (~8% of asking)
-$31,600
Est. remaining loan balance
-$185,460
Cash to seller
$177,940

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

June 2017

Original loan amount

$217,333

Est. remaining balance

$185,460

Interest rate

4.02%

Loan type

New Conventional, 30 year

Seller

Leonardi Gondoputro and Febry Arnold

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: 11/19/2024 at 3:30 AM

Listing updated: 09/19/2024 at 12:11 PM

Listed by: Siok Ming Tjong, Coldwell Banker Realty

MLS: SFAR #423906098

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