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$4,988,000

Beds
4
Baths
3.5
sq ft
3,520

20 Ridgeway Rd, Hillsborough, CA 94010

20 Ridgeway Rd

Hillsborough, CA 94010

  • 168 days on market
    • Price drop $12,000↓
New Low Price! Motivated seller. Discover upscale living in this 3520 sq ft Hillsborough residence, featuring a beautifully updated kitchen with high-end Thermador appliances, eat-in area, wine bar, skylights, and formal dining room. The expansive, light-filled living room with vaulted ceilings elevates the home's elegant interiors. The first-floor primary suite has high ceilings and boasts a vast walk-in closet and a spa-like bath with luxurious tubs and showers. The lower level offers a bedroom suite, two additional bedrooms, a homework station, and a separate laundry room with wine storage. The extensive 38,332 sq ft lot includes an outdoor kitchen, fountain, fire pits, and a lush garden, perfect for hosting gatherings. Additional amenities like a kids' play area, putting green, bocce ball court, and basketball court cater to an active family lifestyle. This property combines luxury with functionality, making it an ideal choice for those seeking a sophisticated & comfortable living space. Enjoy the serenity of a well-appointed home nestled in a prestigious neighborhood, designed to cater to every need of a discerning homeowner and with 3 of the bedrooms being walk-in level, it's perfect for those seeking multi-generational comfort. An great opportunity to own a family haven.

Details

Property type

Single Family Residence

Est. home value

$4,251,764

Lot size

0.88 acres

Price per sq ft

$1,418

Year built

1952

HOA

No

Price History

10/09/2024
BridgeMLS

BridgeMLS #ML81965381

Price change
$4,988,000
-0.24%
10/01/2024
BridgeMLS

BridgeMLS #ML81965381

Listed
$5,000,000
10/01/2024
BridgeMLS

BridgeMLS #ML81965381

Removed
$5,000,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Mateo Union High

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

$2,448,808
Asking price
$4,988,000
Closing costs (~8% of asking)
-$399,040
Est. remaining loan balance
-$2,140,152
Cash to seller
$2,448,808

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

Seller’s Loan History

Lender

Citibank Na

Loan start date

January 2021

Original loan amount

$2,344,500

Est. remaining balance

$2,140,152

Interest rate

2.72%

Loan type

New Conventional, 30 year

Seller

Krishneil Kumar and Reema Kumar

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: 11/23/2024 at 10:45 AM

Listing updated: 11/15/2024 at 11:40 PM

Listed by: Mark Palermo, Compass Phone #: (650) 218-6400

MLS: BridgeMLS #ML81965381

BridgeMLS logo

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