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$1,282,077Estimated home value

Beds
2
Baths
2.0
sq ft
1,145

461 Burgess Dr Unit 3, Menlo Park, CA 94025

461 Burgess Dr Unit 3

Menlo Park, CA 94025

  • Sold On 9/28/2024
Situated directly across the street from beautiful Burgess Park, this move-in ready condo overlooks the verdant greenbelt and community center and is just minutes to downtown Menlo Park and Palo Alto. Updated throughout, the living space features a fireplace and built-in storage and opens to a private patio overlooking the park. The kitchen and dining area offer abundant counter and cabinet space with built-in wine storage. A full bathroom is located down the hall for guests. The principal bedroom is en-suite with a stacked full-size washer and dryer tucked into the closet for your convenience. Included with the unit are two reserved parking spaces (one covered), storage room and community bike storage. There is also a private garden for residents to enjoy. Top-rated Menlo Park schools and proximate to Caltrain, Stanford University, Downtown Menlo Park and The Springline Plaza - this home is not to be missed!

Details

Property type

Condominium

Est. home value

$1,282,077

Lot size

Unknown

Price per sq ft

$830

Year built

1968

Monthly HOA fee

$650

Price History

09/27/2024
BridgeMLS

BridgeMLS #ML81978522

Sold
$1,062,000
+11.79%
09/13/2024
BridgeMLS

BridgeMLS #ML81978522

Pending
$950,000
09/03/2024
BridgeMLS

BridgeMLS #ML81978522

Listed
$950,000
-17.39%

Schools & Community

Neighborhood: 

Linfield Oaks

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

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

$100,456
Asking price
$950,000
Closing costs (~8% of asking)
-$76,000
Est. remaining loan balance
-$773,544
Cash to seller
$100,456

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

Seller’s Loan History

Lender

Jpmorgan Chase Bank Na

Loan start date

November 2016

Original loan amount

$935,000

Est. remaining balance

$773,544

Interest rate

3.47%

Loan type

New Conventional, 30 year

Seller

Brent A Williams and Stephanie K Williams

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: Off Market

Tomo last checked: 11/09/2024 at 9:00 PM

Listing updated: 09/29/2024 at 3:12 AM

Listed by: The Resolve Group, Compass Phone #: (650) 683-1616

MLS: BridgeMLS #ML81978522

BridgeMLS logo

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