tomo logo

$649,000

Beds
2
Baths
1.0
sq ft
630

2922 Hillegass Ave Unit B, Berkeley, CA 94705

2922 Hillegass Ave Unit B

Berkeley, CA 94705

  • 20 days on market
Experience the tranquility of this secluded and private condo in the sought-after Elmwood neighborhood. The entire building is set back off the street creating a peaceful retreat to call home. The updated kitchen features quartz countertops, a tile backsplash, and stainless steel appliances, while dual pane windows allow light to flood the space. Modern conveniences such as in-unit washer & dryer and mini-splits for AC/Heat ensure extra comfort, as well as a parking space right in front of the unit. Whether you're a student looking for a roommate or seeking a charming space for yourself, this condo offers the flexibility to suit your needs. Keep it as a functional 2 bedroom, or return it to a huge 1 bedroom. Situated within walking distance of an array of amenities, including restaurants, boutiques, coffee shops, and entertainment options, this spot truly embodies the mantra, "Location, Location, Location!" Don't miss this fantastic opportunity to own a piece of Berkeley's vibrant Elmwood neighborhood.

Details

Property type

Condominium

Est. home value

$606,300

Lot size

8,055 sq ft

Price per sq ft

$1,031

Year built

1960

Monthly HOA fee

$364

Price History

06/12/2024
BridgeMLS

BridgeMLS #41062944

Listed
$649,000
+3.84%
08/04/2022
BridgeMLS

BridgeMLS #40997778

Sold
$625,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Number of units in community: 

6

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

$141,356
Asking price
$649,000
Closing costs (~8% of asking)
-$51,920
Est. remaining loan balance
-$455,724
Cash to seller
$141,356

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

Seller’s Loan History

Lender

Ocmbc Inc

Loan start date

July 2022

Original loan amount

$468,750

Est. remaining balance

$455,724

Interest rate

5.23%

Loan type

New Conventional, 30 year

Seller

Craig W Shimahara and Lorraine A Shimahara

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: 07/03/2024 at 10:25 AM

Listing updated: 06/26/2024 at 4:13 PM

Listed by: Kelly M. Resnick, Compass Phone #: (510) 852-9117

MLS: BridgeMLS #41062944

BridgeMLS logo

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