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$555,000

Beds
2
Baths
2.0
sq ft
1,113

555 Pierce St Unit 233, Albany, CA 94706

555 Pierce St Unit 233

Albany, CA 94706

  • 134 days on market
    • Price drop $4,000↓
PRICE REDUCED DRASTIALLY!!! "Bay View property and Investment Opportunity: Property with Tenants in Place": 2 Bed/2 Bath Condo with Pool Views and Modern Interiors - Secure Rental Income at with Tenants till Jan 2025. With established tenants already in place, generating a reliable monthly income of $3.4K /month, this property represents a secure investment opportunity in the thriving real estate market. Whether you're seeking passive income or long-term capital appreciation, this turnkey property offers the perfect balance of luxury living and financial stability. Seize the opportunity to own a piece of coastal paradise while securing your financial future. Schedule a viewing and unlock the potential of this premier investment gem.

Details

Property type

Condominium

Est. home value

$557,189

Lot size

Unknown

Price per sq ft

$499

Year built

1977

Monthly HOA fee

$889

Price History

06/26/2024
BridgeMLS

BridgeMLS #41050699

Price change
$555,000
-0.72%
06/05/2024
BridgeMLS

BridgeMLS #41050699

Price change
$559,000
-1.76%
05/09/2024
BridgeMLS

BridgeMLS #41050699

Price change
$569,000
-1.73%

Schools & Community

Neighborhood: 

Hillside

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

Number of units in community: 

446

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

$48,038
Asking price
$555,000
Closing costs (~8% of asking)
-$44,400
Est. remaining loan balance
-$462,562
Cash to seller
$48,038

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

Seller’s Loan History

Lender

Newrez Llc

Loan start date

December 2022

Original loan amount

$469,920

Est. remaining balance

$462,562

Interest rate

6.95%

Loan type

New Conventional, 30 year

Seller

Soumyo J Ganguly

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: 07/06/2024 at 12:30 PM

Listing updated: 07/03/2024 at 7:18 AM

Listed by: Aki Taguchi, Century21 Real Estate Alliance Phone #: (510) 410-1098

MLS: BridgeMLS #41050699

BridgeMLS logo

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