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$739,995

Beds
3
Baths
2.0
sq ft
2,430

5111 Fern Ridge Cir, Discovery Bay, CA 94505

5111 Fern Ridge Cir

Discovery Bay, CA 94505

  • 32 days on market
    • Price drop $19,955↓
Fabulous Fern Ridge! Lovely single-story home in the sought-after Lakes gated community is an updated Meritage-built gem with an impressive 2,430 square feet of living space. Built in 2005, it features an open floor plan with high ceilings and an abundance of natural light. The kitchen is spacious and nicely equipped with a breakfast bar and newer, modern finishes. The home showcases newer paint, lighting, & floors for a fresh and contemporary feel throughout. Relax in the primary suite complete with tray ceiling, soaking tub, and custom “California Closets” designed walk-in closet or enjoy cozy evenings by the the great room fireplace. A versatile den, which could serve as a workout space or 4th bedroom, adds flexibility to the layout. The formal dining area and eat-in kitchen are perfect for everyday living and entertaining. Additional highlights include plantation shutters, recessed lighting, 6-panel doors, ceiling fans, a new water heater, and a spacious back patio. The low HOA fee provides amenities such as 24-hour security gate, tennis courts, playground, and BBQ/picnic areas. Situated in a beautiful neighborhood convenient to local shopping, recreation, and schools with easy connections to Highway 4/Vasco Road, this country-close home offers comfort and convenience.

Details

Property type

Single Family Residence

Est. home value

$733,187

Lot size

6,012 sq ft

Price per sq ft

$305

Year built

2005

Monthly HOA fee

$198

Price History

08/21/2024
BridgeMLS

BridgeMLS #41069749

Sold
$1,175,000
+52.61%
08/14/2024
BridgeMLS

BridgeMLS #41069749

Listed
$769,950
+7.69%
06/30/2023
BridgeMLS

BridgeMLS #41023435

Sold
$715,000
+14.4%

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

-$23,999
Asking price
$739,995
Closing costs (~8% of asking)
-$59,200
Est. remaining loan balance
-$704,794
Cash to seller
-$23,999

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

Seller’s Loan History

Lender

New American Funding

Loan start date

June 2023

Original loan amount

$715,000

Est. remaining balance

$704,794

Interest rate

6.43%

Loan type

VA, 30 year

Seller

Christopher M Agostini and Morgan M Agostini

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: 09/16/2024 at 7:05 AM

Listing updated: 09/15/2024 at 8:21 PM

Listed by: Jennifer Malakoff, Keller Williams Tri-Valley Phone #: (925) 525-3456

MLS: BridgeMLS #41069749

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Recently listed in Discovery Bay