tomo logo

$774,999

Beds
3
Baths
1.5
sq ft
1,156

469 Velasco Dr, San Jose, CA 95123

469 Velasco Dr

San Jose, CA 95123

  • 1 day on market
Beautifully updated townhouse nestled in the heart of San Jose. This inviting residence offers a perfect blend of classic charm and contemporary convenience, ideal for comfortable living and entertaining. As you enter, you're greeted by a bright and airy living space featuring large windows that bathe the living room in natural light. The floor plan seamlessly connects the living area to the dining space, waiting for your personal touch. The home features three spacious bedrooms, each with generous closet space and plenty of natural light. Enjoy the benefits of your own fenced backyard, already cemented for easy maintenance. Additional highlights of this property include a two-car carport, central heating and cooling, and easy access to local amenities, schools, and parks. Located in a friendly neighborhood with a strong sense of community, the home provides the perfect balance of comfort and convenience. This is a corner unit and has parking in front and assigned parking in the carport directly behind the condo.

Details

Property type

Townhouse

Est. home value

$752,978

Lot size

Unknown

Price per sq ft

$671

Year built

1970

HOA fee

$325

Price History

09/26/2024
BridgeMLS

BridgeMLS #ML81980520

Listed
$774,999
+8.39%
10/29/2021
MLSL

MLSL #ML81864223

Sold
$715,000

Schools & Community

Neighborhood: 

Blossom Valley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

East Side 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

$55,793
Asking price
$774,999
Closing costs (~8% of asking)
-$62,000
Est. remaining loan balance
-$657,206
Cash to seller
$55,793

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

Seller’s Loan History

Lender

Welcome Home Funding Llc

Loan start date

October 2021

Original loan amount

$702,049

Est. remaining balance

$657,206

Interest rate

2.88%

Loan type

FHA, 30 year

Seller

Anselmo Trejo and Veronica Trejo

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?

Similar Homes Nearby

BridgeMLS
$829,000
3 bd
|
2 ba
|
1,434 sq ft
|
Condo

3174 Heather Ridge Dr, San Jose, CA 95136

BridgeMLS
$785,000
3 bd
|
2 ba
|
1,246 sq ft
|
Condo

5326 Borneo Cir, San Jose, CA 95123

New
BridgeMLS
$720,000
3 bd
|
2 ba
|
1,252 sq ft
|
Condo

310 Tradewinds Dr Unit 2, San Jose, CA 95123

Status: Active

Tomo last checked: 09/27/2024 at 5:30 PM

Listing updated: 09/26/2024 at 3:31 AM

Listed by: Adrian L Lopez, Vargestate Inc. Phone #: (669) 253-5725

MLS: BridgeMLS #ML81980520

BridgeMLS logo

Recently listed in San Jose

$2,199,000|4 bd|2.0 ba|House
$2,495,000|5 bd|3.5 ba|House
$1,449,000|4 bd|2.0 ba|House
$1,800,000|3 bd|2.5 ba|House
$1,998,000|5 bd|3.0 ba|House
$899,000|2 bd|2.0 ba|Condo
$1,388,888|3 bd|2.5 ba|House
$1,248,000|3 bd|2.0 ba|House
$1,699,000|3 bd|2.0 ba|House
$880,000|3 bd|1.0 ba|Townhouse