tomo logo

$4,399,000

Beds
Unknown
sq ft
6,000

2060 Cottle Ave, San Jose, CA 95125

2060 Cottle Ave

San Jose, CA 95125

  • 71 days on market
Calling all developers. Opportunity to build 3 homes. Currently, the City recognizes 2 lots but you can subdivide and get 3 lots. Seller will be knocking down the building soon in order to deliver 2 lots. Less than 1 mile to downtown Willow Glen, close to schools and shopping. Lovely Willow Glen neighborhood with multi-million dollar homes in the area. Great commute location to downtown San Jose, Santa Clara, or South Bay.

Details

Property type

Single Family Residence

Est. home value

$3,369,867

Lot size

0.44 acres

Price per sq ft

$734

Year built

1960

Price History

04/18/2024
BridgeMLS

BridgeMLS #ML81961962

Listed
$4,399,000
+31.31%
08/10/2022
MLSL

MLSL #ML81881095

Sold
$3,350,000

Schools & Community

Neighborhood: 

Willow Glen

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Jose 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

First Republic Bank

Loan start date

April 2022

Original loan amount

$2,010,000

Est. remaining balance

Not provided

Interest rate

3.85%

Loan type

Commercial

Seller

Mark E Tersini and Terry S Tersini

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: 06/29/2024 at 6:15 AM

Listing updated: 06/14/2024 at 11:23 AM

Listed by: Scott Rees, Christie's International Real Estate Sereno Phone #: (408) 250-5653

MLS: BridgeMLS #ML81961962

BridgeMLS logo

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