tomo logo

$1,150,000

Beds
3
Baths
2.0
sq ft
1,160

553 3rd Ave, Redwood City, CA 94063

553 3rd Ave

Redwood City, CA 94063

  • 24 days on market
What an awesome opportunity to get a corner lot home in Redwood City in great upgraded condition. House has been maintained and updated throughout the recent years. Newer copper plumbing, instant hot water heater, solar panels are leased, roof less than 10 years old, double pane windows, upgraded and expanded master bedroom done with permits. Kitchen got new cabinets in the recent past too. On top of that you get a separate car garage on the back corner that can be turned into a separate ADU (check with city building department). What are you waiting for, make this home yours today!

Details

Property type

Single Family Residence

Est. home value

$1,199,105

Lot size

5,300 sq ft

Price per sq ft

$992

Year built

1930

HOA

No

Price History

12/28/2024
BridgeMLS

BridgeMLS #ML81989072

Listed
$1,150,000
-4.17%
09/06/2024
BridgeMLS

BridgeMLS #ML81971026

Removed
$1,200,000
09/02/2024
BridgeMLS

BridgeMLS #ML81971026

Listed
$1,200,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia Union High

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Washington Mutual Bank

Loan start date

November 2006

Original loan amount

$40,000

Est. remaining balance

Not provided

Interest rate

6.1%

Loan type

Credit Line (Revolving), 30 year

Seller

Mario Zarate

Lender

Central Pacific Mortgage Co

Loan start date

September 2006

Original loan amount

$544,000

Est. remaining balance

Not provided

Interest rate

1%

Loan type

Negative Amortization, 30 year

Seller

Mario Zarate

Lender

Central Pacific Mortgage Co

Loan start date

September 2006

Original loan amount

$68,000

Est. remaining balance

Not provided

Interest rate

6.72%

Loan type

Stand Alone Second, 30 year

Seller

Mario Zarate

Lender

New Century Mtg Corp

Loan start date

August 2002

Original loan amount

$390,000

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

Not Provided, 30 year

Seller

Celia Zarate

Lender

Americas Wholesale Lndr

Loan start date

May 2001

Original loan amount

$320,000

Est. remaining balance

$129,557

Interest rate

6.91%

Loan type

Not Provided, 30 year

Seller

Celia Zarate

Lender

New Century Mtg Corp

Loan start date

August 2000

Original loan amount

$58,250

Est. remaining balance

Not provided

Interest rate

7.91%

Loan type

Stand Alone Second, 15 year

Seller

Mario J Zarate and Celia Zarate

Lender

Option One Mtg Corp

Loan start date

November 1999

Original loan amount

$210,000

Est. remaining balance

$73,992

Interest rate

7.82%

Loan type

Not Provided, 30 year

Seller

Mario J Zarate and Celia Zarate

Lender

Provident Savings Bk

Loan start date

August 1994

Original loan amount

$151,000

Est. remaining balance

Not provided

Interest rate

7.75%

Loan type

Not Provided, 30 year

Seller

Mario J Zarate and Celia Zarate

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: 01/21/2025 at 9:40 AM

Listing updated: 01/14/2025 at 11:30 AM

Listed by: Gerardo Aguilar, CA 1 Team Phone #: (408) 426-1255

MLS: BridgeMLS #ML81989072

BridgeMLS logo

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