tomo logo

$549,500

Beds
2
Baths
1.0
sq ft
903

5532 Spinnaker Dr Unit 2, San Jose, CA 95123

5532 Spinnaker Dr Unit 2

San Jose, CA 95123

  • 24 days on market
Discover this charming 2/1 condominium located in the serene Blossom Hill neighborhood. Recently updated, it features fresh paint and new flooring throughout. Spacious bedrooms are conveniently located on the top floor, and the property is very well-maintained. Additional highlights include a 1-car garage with extra storage, in-unit laundry, and air conditioning. Enjoy the benefits of living close to parks, schools, and easy access to highways 85 and 87. Almaden Lake, Oakridge Mall, and various convenience stores are also nearby. Residents can take advantage of two community swimming pools and benefit from low monthly HOA dues. With multiple parks within walking distance, this peaceful location is perfect for first-time buyers. Plus, its just 15 minutes to San Jose International Airport and less than an hours drive to the beach.

Details

Property type

Condominium

Est. home value

$552,070

Lot size

Unknown

Price per sq ft

$609

Year built

1970

Monthly HOA fee

$387

Price History

11/10/2024
BridgeMLS

BridgeMLS #ML81985094

Price change
$549,500
+10.12%
10/28/2024
BridgeMLS

BridgeMLS #ML81985094

Listed
$499,000
-16.13%
08/20/2024
BridgeMLS

BridgeMLS #41068517

Removed
$595,000

Schools & Community

Neighborhood: 

Blossom Valley

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

East Side Union High

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

-$42,116
Asking price
$549,500
Closing costs (~8% of asking)
-$43,960
Est. remaining loan balance
-$547,656
Cash to seller
-$42,116

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

June 2023

Original loan amount

$556,780

Est. remaining balance

$547,656

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Valery Escate and Maximo Escate

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: 11/21/2024 at 7:05 PM

Listing updated: 11/10/2024 at 3:20 AM

Listed by: Gabriel Ramirez-Perez, Realty World Dominion Phone #: (408) 384-9055

MLS: BridgeMLS #ML81985094

BridgeMLS logo

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