tomo logo

$550,000

Beds
2
Baths
1.0
sq ft
949

546 Horning St, San Jose, CA 95112

546 Horning St

San Jose, CA 95112

  • <1 day on market
Good for investors. This property is fixer upper, sale "AS IS" condition, cash only. The foundation needs repair (The cost to repair foundation was estimated $100,000 per Foundation Inspection Bay Area Underpinning company) and upgrade the living area on upper level. The property has two levels: Upper level has 949 sqft of living area, 2 beds 1 bath (Per county recorder). The lower level (Not on county recorder) approximately 900 sqft and 7 feet ceiling height with separate entrance,

Details

Property type

Single Family Residence

Est. home value

$641,150

Lot size

2,646 sq ft

Price per sq ft

$580

Year built

1920

HOA

No

Price History

01/24/2025
BridgeMLS

BridgeMLS #ML81991532

Listed
$550,000
-8.33%
01/16/2024
BridgeMLS

BridgeMLS #ML81949495

Sold
$600,000

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

$258,332
Asking price
$550,000
Closing costs (~8% of asking)
-$44,000
Est. remaining loan balance
-$247,668
Cash to seller
$258,332

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

Seller’s Loan History

Lender

Googain Inc

Loan start date

January 2024

Original loan amount

$250,000

Est. remaining balance

$247,668

Interest rate

7.44%

Loan type

New Conventional, 30 year

Seller

Jong Hyun Choi and Jonghee Choi

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: 01/23/2025 at 10:45 PM

Listing updated: 01/23/2025 at 8:55 PM

Listed by: Frank Cao, Golden Home Realty Phone #: (408) 800-8898

MLS: BridgeMLS #ML81991532

BridgeMLS logo

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