tomo logo

$1,675,000

Beds
4
Baths
3.0
sq ft
4,202

4940 Discovery Pt, Discovery Bay, CA 94505

4940 Discovery Pt

Discovery Bay, CA 94505

  • 36 days on market
Tastefully updated with high-end features, this stunning residence treats you to the ideal waterfront lifestyle in Discovery Bay! Its newly landscaped welcomes you with a fountain and lush foliage. Explore the main gathering areas, from the kitchen with granite floors, stainless steel appliances and an oversized island to the adjacent family room warmed by a stately fireplace. Steps away in the breakfast nook, walls of glass connect the stylish interior to exceptional sunset views.Vaulted coffered ceilings add a casual elegance to the expansive primary suite that highlights a sitting area and office overlooking water panoramas. Pamper yourself in the opulent ensuite, showcasing a steam shower and a soaking tub. A sure delight for the avid entertainer, there’s a mini-movie theater with multiple built-ins, another fireplace, and a cocktail bar to complete your leisurely experience. Enjoy cookouts in your full outdoor kitchen over looking the water. Double U-dock. New hot tub! Surround sound outside and throughout home. Owned NOT leased 40 solar panels. 5-minutes to fast water!

Details

Property type

Single Family Residence

Est. home value

$1,632,721

Lot size

7,200 sq ft

Price per sq ft

$399

Year built

1979

HOA

No

Price History

10/10/2024
BridgeMLS

BridgeMLS #41074056

Listed
$1,675,000
09/30/2024
BridgeMLS

BridgeMLS #41074056

Pending
$1,675,000
+25.75%
07/17/2020
BridgeMLS

BridgeMLS #40891357

Sold
$1,332,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$434,415
Asking price
$1,675,000
Closing costs (~8% of asking)
-$134,000
Est. remaining loan balance
-$1,106,585
Cash to seller
$434,415

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

August 2021

Original loan amount

$1,188,000

Est. remaining balance

$1,106,585

Interest rate

2.98%

Loan type

New Conventional, 30 year

Seller

Matthew Jay Franklin and Marsha M Balestrini

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: Active

Tomo last checked: 11/05/2024 at 8:25 AM

Listing updated: 10/26/2024 at 9:40 AM

Listed by: Nick Lorusso, Merrill Signature Properties Phone #: (925) 354-2778

MLS: BridgeMLS #41074056

BridgeMLS logo

Recently listed in Discovery Bay