tomo logo

$1,799,999

Beds
5
Baths
3.0
sq ft
2,100

53 Cleaves Ave, San Jose, CA 95126

53 Cleaves Ave

San Jose, CA 95126

  • 18 days on market
    • Open house Jun 29
Perfect opportunity to build your own dream home with approved plans for a 2300 SF (1800 SF of living space PLUS an ADU of 550 SF) gem on a spacious 4700 SF lot featuring 4 opulent rooms with a bonus ADU room PLUS a long driveway for easy parking. A beautiful, tree-lined, spacious street with excellent curb appeal creates a unique outdoor living experience. Near premier San Jose destinations- SAP Center, Downtown San Jose, San Pedro Square, and The Alameda await. Just 10 minutes to Apple Park Campus, Google, Intel, and most major techs, its convenience and excellence in one. Shape your vision with the current developer or choose your own contractor. Project has been approved by the building department, you may acquire this property as-is with the meticulously designed and approved plans. Seize this opportunity to redefine your lifestyle in a residence that captures the essence of Rose Garden living.

Details

Property type

Single Family Residence

Est. home value

$1,242,225

Lot size

4,356 sq ft

Price per sq ft

$858

Year built

1920

Price History

06/10/2024
BridgeMLS

BridgeMLS #ML81969057

Listed
$1,799,999
+56.52%
06/06/2022
BridgeMLS

BridgeMLS #ML81885505

Sold
$1,150,000

Schools & Community

Neighborhood: 

Downtown

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Jose Unified

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

$814,853
Asking price
$1,799,999
Closing costs (~8% of asking)
-$144,000
Est. remaining loan balance
-$841,146
Cash to seller
$814,853

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

May 2022

Original loan amount

$870,000

Est. remaining balance

$841,146

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Biju Ninan and Latha Ninan

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: 06/29/2024 at 5:55 AM

Listing updated: 06/28/2024 at 11:03 PM

Listed by: The Madani Team, Room Real Estate Phone #: (831) 234-6683

MLS: BridgeMLS #ML81969057

BridgeMLS logo

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