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$1,189,800

Beds
2
Baths
2.0
sq ft
1,676

2881 Meridian Ave Unit 247, San Jose, CA 95124

2881 Meridian Ave Unit 247

SAN JOSE, CA 95124

  • 45 days on market
    • Price drop $10,000↓
Spectacular expansive Condo located in the beautiful Willow Glen Place Complex Community. 2 large bedrooms and 2 bathrooms; plus and open nook area that can be used as an office space. This 1,676 SF home has high ceilings and luxurious engineered wood flooring. Great sized patio facing the tranquil Courtyard. Open living/dining area with cozy fireplace. Large center island with breakfast bar seating great for entertaining. Slab granite countertops and SS appliances. Large utility room great for storage/pantry and washer and dryer. Luxurious bathrooms have tile floors and slab marble counter tops. Secured building and 2 secured underground parking spaces. Community has many great amenities, charming courtyard and fireplace with plenty of outdoor seating, playgroup and swimming pool and clubhouse. Great central location near local shopping centers and restaurants. A must see!

Details

Property type

Condominium

Est. home value

$1,049,576

Lot size

Unknown

Price per sq ft

$710

Year built

2007

Monthly HOA fee

$573

Price History

06/25/2024
MLSL

MLSL #ML81965597

Price change
$1,189,800
-0.83%
05/17/2024
MLSL

MLSL #ML81965597

Listed
$1,199,800
+24.98%
12/30/2021
MLSL

MLSL #ML81870546

Sold
$960,000
+15.66%

Schools & Community

Neighborhood: 

Cambrian Park

Elementary school: 

375

Middle school: 

Willow Glen Middle

High school: 

Unknown

High school district: 

San Jose Unified

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

$421,164
Asking price
$1,189,800
Closing costs (~8% of asking)
-$95,184
Est. remaining loan balance
-$673,452
Cash to seller
$421,164

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

Seller’s Loan History

Lender

Golden Star Inc

Loan start date

November 2021

Original loan amount

$712,500

Est. remaining balance

$673,452

Interest rate

3.05%

Loan type

New Conventional, 30 year

Seller

Margaret Leung

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: 07/01/2024 at 10:45 AM

Listing updated: 07/01/2024 at 3:25 AM

Listed by: Ralph & Rachel, Ralph & Rachel, Compass Phone #: (408) 427-8963

MLS: MLSL #ML81965597

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