tomo logo

$1,998,000

Beds
3
Baths
2.0
sq ft
1,234

492 Vine Ave, Sunnyvale, CA 94086

492 Vine Ave

Sunnyvale, CA 94086

  • Pending
Charming cottage home with modern upgrades in the heart of downtown Sunnyvale's Heritage District! Kitchen boasts tile backsplash, new stainless steel all-electric appliances, quartz counters, and walk-in pantry! Retreat to large primary bedroom with vaulted ceilings, updated bathroom, and walk-in closet. Backyard has new TimberTech deck, paved seating area, and welcoming lawn. Additional highlights include dedicated laundry area with electric washer and dryer, fully finished garage with storage & ADU potential (buyer to verify), A/C, double pane windows, owned solar panel system, copper plumbing, and all-electric hybrid water heater. Recent renovations include new sewer line to the house, new water and sewer mains in the street, and upgraded electrical panels. Fantastic location in very quiet neighborhood with proximity to large tech employers, near major thoroughfares & CalTrain for commuters, and just 0.5 miles to Historic Murphy Avenue. Top Schools: Ellis Elementary, Sunnyvale Middle, & Fremont High (buyer to verify)!

Details

Property type

Single Family Residence

Est. home value

$2,198,616

Lot size

5,000 sq ft

Price per sq ft

$1,620

Year built

1943

Price History

07/03/2024
BridgeMLS

BridgeMLS #ML81970203

Pending
$1,998,000
06/19/2024
BridgeMLS

BridgeMLS #ML81970203

Listed
$1,998,000
-7.54%
08/10/2021
BridgeMLS

BridgeMLS #ML81852411

Sold
$2,161,000

Schools & Community

Neighborhood: 

Washington

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Fremont Union

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

$430,396
Asking price
$1,998,000
Closing costs (~8% of asking)
-$159,840
Est. remaining loan balance
-$1,407,764
Cash to seller
$430,396

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

August 2021

Original loan amount

$1,500,000

Est. remaining balance

$1,407,764

Interest rate

2.93%

Loan type

New Conventional, 30 year

Seller

Edward M Patton and Patricia A Patton

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: 07/04/2024 at 8:15 PM

Listing updated: 07/03/2024 at 7:18 AM

Listed by: The Dave Clark Team, Keller Williams Realty-Silicon Valley Phone #: (408) 738-8833

MLS: BridgeMLS #ML81970203

BridgeMLS logo

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