tomo logo

$988,000

Beds
3
Baths
1.0
sq ft
1,020

475 Larkspur Dr, East Palo Alto, CA 94303

475 Larkspur Dr

East Palo Alto, CA 94303

  • Pending
Introducing 475 Larkspur Dr, a charming 3bed/ 1bath home with a large lot 7,665 sq. Ft approx. This corner lot property boasts a 1020 square feet of living space, there is natural lighting throughout the house, the kitchen area features stainless steel appliances along with granite countertops. Bathroom and roof remodeled within the past 6 months. 2-car garages, two patios to the side & back of the house surrounded by a beautiful picket fence, an expansive yard that is perfect for entertaining family & friends or to build an additional unit /ADU for an extending family or investor looking to use as an income producing property. A well designed & easy flowing floor plan with a large living room that flows into the dining and a separate wet bar. Conveniently located near restaurants and shopping center. Close to Facebook, Amazon, Stanford, or Downtown Palo Alto you're in the heart of the action on the Peninsula. The Palo Alto Caltrain station is just minutes drive, close to the Dumbarton bridge means you can hop over pretty easily to the Union City BART or get anywhere on the East Bay! Runner, hiker, biker will enjoy the Bay Trail two blocks away. Parents can also enter their children in the Tinsley Program lotto for the best schools in Palo Alto!. Come see to appreciate!.

Details

Property type

Single Family Residence

Est. home value

$1,035,223

Lot size

7,665 sq ft

Price per sq ft

$969

Year built

1954

Price History

09/16/2024
BridgeMLS

BridgeMLS #ML81966429

Pending
$988,000
09/06/2024
BridgeMLS

BridgeMLS #ML81966429

Listed
$988,000
+4.22%
11/12/2019
BridgeMLS

BridgeMLS #ML81773138

Sold
$948,000
+5.33%

Schools & Community

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

$262,212
Asking price
$988,000
Closing costs (~8% of asking)
-$79,040
Est. remaining loan balance
-$646,748
Cash to seller
$262,212

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

Seller’s Loan History

Lender

On Q Financial Inc

Loan start date

February 2020

Original loan amount

$711,000

Est. remaining balance

$646,748

Interest rate

3.74%

Loan type

New Conventional, 30 year

Seller

Nanhi Singh and Debashish Sinha

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: 09/20/2024 at 2:20 AM

Listing updated: 09/16/2024 at 8:31 PM

Listed by: Efrain Ramirez Velazquez, Coldwell Banker Realty Phone #: (408) 829-8029

MLS: BridgeMLS #ML81966429

BridgeMLS logo

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