tomo logo

$1,520,000

Beds
3
Baths
2.0
sq ft
1,504

421 Leigh Ave, San Jose, CA 95128

421 Leigh Ave

San Jose, CA 95128

  • <1 day on market
    • Open house Nov 16
Location!!! Permitted Floorplan modification & Newly renovated single house offer a rare opportunity-1204 sqft Main house and the approximate 576 sqft detached ADU, comes with many good features- Spacious 3/2, new flooring throughout; bright & modern light fixtures in every rooms; new kitchen & new bathrooms, so much more... works are done with a building permit!!…Upon entry, a beautiful covered sun porch of 88 sqft with large, framed windows, brings a good view of the flourishing lawn, good for kids activities, coffee time & relaxation. The open concept living room & kitchen with an abundance of natural light through the oversized windows and the high ceilings. The master room offers a roomy layout and an en-suite bathroom, other Two bedrooms upstairs share a bathroom, in-unit laundry, new heat-pump for both Heating & A/C. The 576 sqft ADU (permit unknown) has his separate entrance & own yard and kitchen, would generate a good rents (the previous tenant paid rent of $1,450 before the remodel.) The large backyard with low maintenance paved concrete, detached two-car garage, also offers ample space to add an new ADU. The property is Ideally located near popular dining spots, Santana Row, and Valley Fair shopping center, with easy access to highways 880, 280 and 17.

Details

Property type

Single Family Residence

Est. home value

$1,136,129

Lot size

6,124 sq ft

Price per sq ft

$1,011

Year built

1919

HOA

No

Price History

11/14/2024
BridgeMLS

BridgeMLS #41078949

Listed
$1,520,000
+68.89%
04/02/2021
MLSL

MLSL #ML81829474

Sold
$900,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$736,772
Asking price
$1,520,000
Closing costs (~8% of asking)
-$121,600
Est. remaining loan balance
-$661,628
Cash to seller
$736,772

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

Seller’s Loan History

Lender

Freedom Mortgage Corp

Loan start date

March 2021

Original loan amount

$720,000

Est. remaining balance

$661,628

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Tianxing Wang and Yanling Huang

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: 11/14/2024 at 5:00 PM

Listing updated: 11/14/2024 at 4:25 PM

Listed by: Yan Hearns, KW Advisors Phone #: (510) 552-6505

MLS: BridgeMLS #41078949

BridgeMLS logo

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