tomo logo

$1,248,000

Beds
3
Baths
2.0
sq ft
1,550

50 Horgan Ave Unit 58, Redwood City, CA 94061

50 Horgan Ave Unit 58

Redwood City, CA 94061

  • 73 days on market
    • Price drop $50,000↓
Welcome to your dream home in a picturesque treehouse setting. This top-floor, luxury condo, spanning 1,550 square feet, offers an unparalleled living experience. Nestled in a community that resembles a serene park, you'll be surrounded by majestic redwood trees, lush grounds, tranquil fountains, and an inviting recreation room and pool at the heart of it all. Recently remodeled with exquisite designer touches, this home boasts a kitchen that is a chef's delight, featuring a gas range, double ovens, a Bosch dishwasher, quartz countertops, and custom tile work. The flexible space in the kitchen can serve as an office or an eat-in area. The expansive living room is anchored by a gas fireplace with a gas starter, creating a cozy atmosphere. Step out onto the balcony off the dining room and take in the breathtaking views of the surrounding trees. Natural light floods the home through multiple skylights, creating a bright and airy ambiance. The convenience of an included washer and dryer adds to the home's practicality. Both bedrooms connect to a second balcony, offering a perfect retreat for relaxation. The primary suite features dual sinks and a walk-in closet. Detached two-car garage. Well-maintained community, easy access to Highway 280 & walking distance of shopping.

Details

Property type

Condominium

Est. home value

$1,214,149

Lot size

Unknown

Price per sq ft

$806

Year built

1979

Monthly HOA fee

$748

Price History

07/22/2024
BridgeMLS

BridgeMLS #ML81972195

Price change
$1,248,000
-3.85%
07/08/2024
BridgeMLS

BridgeMLS #ML81972195

Listed
$1,298,000
+23.74%
09/23/2020
MLSL

MLSL #ML81806579

Sold
$1,049,000
+18.13%

Schools & Community

Neighborhood: 

Oakwood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Sequoia Union High

Number of units in community: 

60

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

$383,162
Asking price
$1,248,000
Closing costs (~8% of asking)
-$99,840
Est. remaining loan balance
-$764,998
Cash to seller
$383,162

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

June 2021

Original loan amount

$822,375

Est. remaining balance

$764,998

Interest rate

3.04%

Loan type

New Conventional, 30 year

Seller

Muhammad Nafeesur Rahman and Shababa Tanzeel Masoud

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: 09/19/2024 at 5:50 PM

Listing updated: 08/31/2024 at 3:21 PM

Listed by: Lana Morin Pierce, Intero Real Estate Services Phone #: (650) 207-5229

MLS: BridgeMLS #ML81972195

BridgeMLS logo

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