tomo logo

$550,000

Beds
1
Baths
1.0
sq ft
537

480 E Okeefe St Unit 313, East Palo Alto, CA 94303

480 E Okeefe St Unit 313

East Palo Alto, CA 94303

  • 7 days on market
Top floor unit with vaulted ceiling. Great entry level condominium in excellent location close to Downtown Palo Alto and WEST of HWY 101. Good sized one-bedroom unit with 2 parking spaces and storage. Remodeled kitchen with stainless steel appliances and remodeled bathroom. Adjacent to Menlo Park and Sand Hill Properties Woodland Park Development.

Details

Property type

Condominium

Est. home value

$440,419

Lot size

Unknown

Price per sq ft

$1,025

Year built

1981

HOA fee

$450

Price History

02/25/2025
BridgeMLS

BridgeMLS #ML81995380

Listed
$550,000
+35.8%
11/21/2022
SFAR

SFAR #81905882

Sold
$405,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

Number of units in community: 

32

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

$194,714
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$311,286
Cash to seller
$194,714

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

Seller’s Loan History

Lender

First Republic Bank

Loan start date

November 2022

Original loan amount

$320,000

Est. remaining balance

$311,286

Interest rate

6.29%

Loan type

New Conventional, 30 year

Seller

Juan De Leon

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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1982 W Bayshore Rd Unit 332, East Palo Alto, CA 94303

Status: Active

Tomo last checked: 03/05/2025 at 10:05 AM

Listing updated: 03/03/2025 at 7:51 AM

Listed by: Juan De Leon, Compass Phone #: (415) 305-6275

MLS: BridgeMLS #ML81995380

BridgeMLS logo

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