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$511,015Estimated home value

Beds
1
Baths
1.0
sq ft
677

2701 Somerset Park Cir, San Jose, CA 95132

2701 Somerset Park Cir

San Jose, CA 95132

  • Sold On 7/19/2024
Looking for the perfect home? Stop! You've found it! Meticulously maintained by the homeowner and thoughtfully updated for the sale, this wonderful 677 square foot, upper level, 1 bedroom 1 bath condo boasts a spacious living area, dining room, and large bedroom. The unit is a perfect starter home and features a refrigerator, microwave, dishwasher and high end Miele washer and dryer inside the unit. Enjoy a coffee on the balcony overlooking manicured grounds and store a bike in the storage unit on the balcony. The pool, gym and recreation area are located close enough for a quick dip but far enough that you this unit never hears the noises. A security complex will keep you and your possessions safe. HOA fees pay for both trash and water. The home can be a rental unit and the community allows up to two (2) pets per home. Don't let this one get away!

Details

Property type

Condominium

Est. home value

$511,015

Lot size

1,711 sq ft

Price per sq ft

$761

Year built

1988

Monthly HOA fee

$360

Price History

07/19/2024
BridgeMLS

BridgeMLS #ML81969573

Sold
$505,000
-1.94%
07/10/2024
BridgeMLS

BridgeMLS #ML81969573

Pending
$515,000
06/26/2024
BridgeMLS

BridgeMLS #ML81969573

Price change
$515,000
+4.04%

Schools & Community

Neighborhood: 

Berryessa

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

East Side 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

$451,028
Asking price
$515,000
Closing costs (~8% of asking)
-$41,200
Est. remaining loan balance
-$22,772
Cash to seller
$451,028

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

Seller’s Loan History

Lender

Metlife Home Loans

Loan start date

January 2012

Original loan amount

$120,000

Est. remaining balance

$22,772

Interest rate

3.3%

Loan type

New Conventional, 15 year

Seller

Janice Stanford

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: Off Market

Tomo last checked: 09/27/2024 at 3:35 PM

Listing updated: 07/21/2024 at 3:09 AM

Listed by: Grace Hanamoto, Intero Real Estate Services Phone #: (408) 426-1616

MLS: BridgeMLS #ML81969573

BridgeMLS logo

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