tomo logo

$7,850,000

Beds
4
Baths
3.0
sq ft
2,879

440 Melville Ave, Palo Alto, CA 94301

440 Melville Ave

Palo Alto, CA 94301

  • Pending
One Million Price Improvement!! This distinguished home, crafted almost a century ago, is now available for the first time in generations. This one-of-a-kind property reveals boundless opportunities to remodel, expand or build a true Silicon Valley estate that stands apart. Surrounded by vast estates, this immense property is exquisitely located within blocks of Stanford University, exciting Downtown Palo Alto, pristine parks, top shopping, fine dining, and exceptional schools. Take advantage of a once-in-a-lifetime opportunity to make this absolutely impeccable location into your home.

Details

Property type

Single Family Residence

Est. home value

$4,237,279

Lot size

0.3444 acres

Price per sq ft

$2,727

Year built

1926

HOA

No

Price History

12/24/2024
BridgeMLS

BridgeMLS #ML81976371

Pending
$7,850,000
08/20/2024
BridgeMLS

BridgeMLS #ML81976371

Listed
$7,850,000
-4.27%
08/10/2024
BridgeMLS

BridgeMLS #ML81952369

Removed
$8,200,000

Schools & Community

Neighborhood: 

Professorville

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palo Alto Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Stanford Fcu

Loan start date

December 2021

Original loan amount

$600,000

Est. remaining balance

Not provided

Interest rate

3.14%

Loan type

Credit Line (Revolving), 20 year

Seller

Mary A Gallagher

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: Pending/Under Contract

Tomo last checked: 12/24/2024 at 8:35 PM

Listing updated: 12/24/2024 at 7:42 PM

Listed by: Xin Jiang, Compass Phone #: (650) 283-8379

MLS: BridgeMLS #ML81976371

BridgeMLS logo

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