tomo logo

$555,000

Beds
3
Baths
1.0
sq ft
960

2925 Florence Ave Unit 17, San Jose, CA 95127

2925 Florence Ave Unit 17

San Jose, CA 95127

  • 124 days on market
Great start for a first time home buyer. Property dose not qualify for an investment must be a primary residence. HOA covers basic cabel/internet, water, garbage. Located close to shopping and dinning.

Details

Property type

Condominium

Est. home value

$457,039

Lot size

449 sq ft

Price per sq ft

$579

Year built

1964

HOA fee

$540

Price History

02/27/2024
MLSL

MLSL #ML81955652

Listed
$555,000
+29.07%
07/19/2023
MLSL

MLSL #ML81928218

Sold
$430,000

Schools & Community

Neighborhood: 

Alum Rock-East Foothills

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

$183,927
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$326,673
Cash to seller
$183,927

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2023

Original loan amount

$330,000

Est. remaining balance

$326,673

Interest rate

6.57%

Loan type

New Conventional, 30 year

Seller

Maria Castaneda Castro

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 9:00 AM

Listing updated: 05/30/2024 at 2:26 AM

Listed by: Debbie E. Alegria, Debbie Alegria, Debbie Alegria, Intero Real Estate Services Phone #: (408) 342-3000

MLS: MLSL #ML81955652

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