tomo logo

$1,488,000

Beds
4
Baths
2.0
sq ft
1,371

53 Cleaves Ave, San Jose, CA 95126

53 Cleaves Ave

San Jose, CA 95126

  • <1 day on market
Located Rose garden & near downtown San Jose and the SAP Center, this cozy and unique home, 1,371 sq ft of living space with an approved plan to expand to 2,300 sq ft. The plan includes a 500 sq ft ADU and 1,800 sq ft of living space. Its conveniently located just minutes from Apple Park, Google, Intel, and the Valley Fair shopping center. This property presents a great opportunity to live comfortably now, and when you're ready, you can start building and customize the materials to your like- CHOOSING your own cabinets, flooring, paint, lighting, and more, DEN/STUY/OFFICE AREA

Details

Property type

Single Family Residence

Est. home value

$1,242,225

Lot size

4,692 sq ft

Price per sq ft

$1,086

Year built

1920

HOA

No

Price History

11/05/2024
BridgeMLS

BridgeMLS #ML81985296

Listed
$1,488,000
-9.76%
10/03/2024
BridgeMLS

BridgeMLS #ML81976046

Removed
$1,649,000
08/09/2024
BridgeMLS

BridgeMLS #ML81969057

Removed
$1,649,000

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

$532,699
Asking price
$1,488,000
Closing costs (~8% of asking)
-$119,040
Est. remaining loan balance
-$836,261
Cash to seller
$532,699

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

$836,261

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?

Status: Active

Tomo last checked: 11/05/2024 at 3:45 PM

Listing updated: 11/05/2024 at 3:30 PM

Listed by: Hamid Abtahi, Elite Realty Services Phone #: (408) 253-5100

MLS: BridgeMLS #ML81985296

BridgeMLS logo

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