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$625,000

Beds
1
Baths
2.0
sq ft
976

350 N 2nd St Unit 306, San Jose, CA 95112

350 N 2nd St Unit 306

SAN JOSE, CA 95112

  • 61 days on market
    • Price drop $24,000↓
    • Open house Jun 29
Live your best life in this recently updated, top-floor corner Penthouse in downtown San Jose. The unit boasts 19' ceilings and a wall of windows overlooking the pool, spa and city lights. BEST location in the building! Sellers have recently invested $45k to create a sophisticated, move-in ready home within walking distance of Japan Town, San Pedro and the Light Rail. The upstairs primary suite has updated bathroom with separate shower, walk-in closet and California Closets cabinet. The remodeled kitchen offers new quartz counters, recently installed stainless appliances, gas cooktop and walk-in pantry. The kitchen opens to the living room with gas fireplace and private balcony - perfect for outdoor dining on the beautiful evenings. Need extra space for guests? There's a downstairs guest suite with murphy bed, large closet and full bathroom which can be closed off to the main living area for privacy. Bamboo flooring, fresh white paint pallet throughout the entire unit, remote controlled ceiling fan, stacked washer-and-dryer, dual pane windows, custom blinds and Nest-controlled Air Conditioning & Heat all add to the sense of a well designed, comfortable Loft. Building offers secure parking, 2 elevators, gym, pool, spa and BBQ. Guest parking is available as well.

Details

Property type

Condominium

Est. home value

$697,392

Lot size

645 sq ft

Price per sq ft

$641

Year built

2005

Monthly HOA fee

$725

Price History

06/26/2024
MLSL

MLSL #ML81961328

Price change
$625,000
-3.7%
06/21/2024
MLSL

MLSL #ML81961328

Price change
$649,000
-3.85%
06/13/2024
MLSL

MLSL #ML81961328

Price change
$675,000
+4.01%

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

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

$201,412
Asking price
$625,000
Closing costs (~8% of asking)
-$50,000
Est. remaining loan balance
-$373,588
Cash to seller
$201,412

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

Seller’s Loan History

Lender

Googain Inc

Loan start date

October 2020

Original loan amount

$406,000

Est. remaining balance

$373,588

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Marcus P Pelletier and Georgina A Padilla

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: 06/29/2024 at 6:50 AM

Listing updated: 06/27/2024 at 2:14 PM

Listed by: Terri Brown, Terri Brown, Terri Brown, Compass Phone #: (650) 462-1111

MLS: MLSL #ML81961328

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