tomo logo

$6,188,000

Beds
5
Baths
5.5
sq ft
3,669

3886 Ross Rd, Palo Alto, CA 94303

3886 Ross Rd

Palo Alto, CA 94303

  • 25 days on market
Introducing Homes by Greenberg Group, located in the highly sought-after Midtown Palo Alto areawhere luxury meets craftsmanship. This custom-built home offers meticulous attention to detail, seamlessly blending timeless elegance with modern sophistication. Ground Floor Features: - Expansive open floor plan with a grand vaulted ceiling, creating a spacious and light-filled environment. - A fully equipped luxury kitchen that merges style and functionality, opening to an impressive great room. - Seamless indoor-outdoor living, complete with an inviting deck, perfect for entertaining or relaxing. - Two spacious suites, home office, and a luxurious primary suite with a walk-in closet and a spa-like bathroom. Upper Level - Attached Dwelling Unit (ADU): - Discover versatility and income potential with the ADU, offering abundant natural light and thoughtful design. - Features a well-appointed kitchenette, laundry area, and two serene suitesideal for guests, tenants, or extended family. This home epitomizes modern living in Palo Alto, providing comfort, luxury, and sophistication in every detail. Located in a top-rated school district, with access to Palo Alto's best schools. Estimated completion: Spring 2025

Details

Property type

Single Family Residence

Est. home value

$5,228,923

Property condition

New Construction

Lot size

7,300 sq ft

Price per sq ft

$1,687

Year built

2024

Price History

10/11/2024
BridgeMLS

BridgeMLS #ML81983421

Listed
$6,188,000

Schools & Community

Neighborhood: 

Adobe Meadow - Meadow Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palo Alto 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

$5,294,955
Asking price
$6,188,000
Closing costs (~8% of asking)
-$495,040
Est. remaining loan balance
-$398,005
Cash to seller
$5,294,955

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

July 2022

Original loan amount

$1,504,800

Est. remaining balance

$398,005

Interest rate

5.1%

Loan type

New Conventional, 3 year

Seller

Greenberg 3886 Ross Llc

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: 11/05/2024 at 6:35 AM

Listing updated: 10/11/2024 at 10:26 AM

Listed by: Rick Talmage, Compass Phone #: (650) 967-6584

MLS: BridgeMLS #ML81983421

BridgeMLS logo

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