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$1,042,626Estimated home value

Beds
2
Baths
2.0
sq ft
1,395

425 N El Camino Real Unit 301, San Mateo, CA 94401

425 N El Camino Real Unit 301

San Mateo, CA 94401

  • Sold On 9/10/2024
    • Price drop $73,000↓
Welcome to Park Real Unit 301. This top-floor condo offers a stunning 1,395 square feet of modern urban living, blending comfort, style, and convenience. As you step inside, the grandeur of vaulted ceilings greets you, creating a sense of openness and space throughout. This exquisite residence features 2 spacious bedrooms with ample closet space and 2 bathrooms designed for convenience and comfort. The heart of the home is its modern kitchen, boasting sleek countertops, stainless steel appliances, and abundant storage space. In-unit laundry adds practicality to this contemporary space, ensuring that style is never compromised. Parking is effortless with two deeded parking spots, providing a secure and hassle-free solution for your vehicles. This condo offers the best of both worlds - a peaceful retreat in the heart of the city, with easy access to shopping, dining, entertainment, and more. Don't miss the chance to make this exceptional condo your new home. Experience urban living at its finest!

Details

Property type

Condominium

Est. home value

$1,042,626

Lot size

Unknown

Price per sq ft

$664

Year built

1981

HOA fee

$805

Price History

09/09/2024
BridgeMLS

BridgeMLS #ML81969484

Sold
$905,000
-2.16%
08/12/2024
BridgeMLS

BridgeMLS #ML81969484

Pending
$925,000
07/09/2024
BridgeMLS

BridgeMLS #ML81969484

Price change
$925,000
-7.31%

Schools & Community

Neighborhood: 

San Mateo Park

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

San Mateo Union High

Number of units in community: 

36

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

$172,381
Asking price
$925,000
Closing costs (~8% of asking)
-$74,000
Est. remaining loan balance
-$678,619
Cash to seller
$172,381

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

October 2021

Original loan amount

$725,000

Est. remaining balance

$678,619

Interest rate

2.87%

Loan type

New Conventional, 30 year

Seller

Andre Nicholas Arizpe and Aanika Das

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: Off Market

Tomo last checked: 10/04/2024 at 7:00 PM

Listing updated: 09/11/2024 at 3:12 AM

Listed by: Josh Yoo, KW Advisors Phone #: (510) 418-9180

MLS: BridgeMLS #ML81969484

BridgeMLS logo

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