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$999,999

Beds
2
Baths
1.0
sq ft
852

559 Menker Ave, San Jose, CA 95128

559 Menker Ave

San Jose, CA 95128

  • Pending
    • Price drop $98,801↓
This beautiful 2 beds, 1 bath, 855 square foot home was built in 1950 located in San Jose is ideal for your growing family. This home also comes with a lovely spacious separate room that is around 110 SqFt, and located in the backyard that can be used for a den, an office or even a guest room. The home is offering full renovation with a new bathroom, new flooring, new kitchen with the stainless-steel appliances provided, a refined touch, fresh exterior and interior paint, new windows and doors. Stay cool with the homes included air conditioning. The vinyl waterproofing flooring adds to the refined beauty of this home. Enjoy the ambience and the warmth provided by the fireplace. Relax on the patio while entertaining or simply enjoying the yard. You will also greatly appreciate the huge mature landscaping that surrounds these attractive homes backyard that you can use for new additional rooms or ADU. The Seller received the permit of approval to build new addition of enclosed Garage, 2 master-bedrooms attach to the home for 490 sq ft. The new owner just needs to pay the permit fees if he/she would like to build, the approval will be provided with the sale. This house has a very convenient location that is near schools, shopping malls, hospitals, close to freeways 280.

Details

Property type

Single Family Residence

Est. home value

$997,636

Lot size

6,098 sq ft

Price per sq ft

$1,174

Year built

1950

Price History

09/27/2024
BridgeMLS

BridgeMLS #ML81974749

Pending
$999,999
09/04/2024
BridgeMLS

BridgeMLS #ML81974749

Price change
$999,999
-8.99%
07/29/2024
BridgeMLS

BridgeMLS #ML81974749

Listed
$1,098,800
+12.12%

Schools & Community

Neighborhood: 

Rose Garden

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

$49,356
Asking price
$999,999
Closing costs (~8% of asking)
-$80,000
Est. remaining loan balance
-$870,643
Cash to seller
$49,356

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

Seller’s Loan History

Lender

Change Lending Llc

Loan start date

August 2023

Original loan amount

$881,000

Est. remaining balance

$870,643

Interest rate

6.67%

Loan type

New Conventional, 30 year

Seller

Nhi Tran

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: Pending/Under Contract

Tomo last checked: 09/27/2024 at 11:15 PM

Listing updated: 09/27/2024 at 4:23 AM

Listed by: Sherry Vu, Maxreal Phone #: (408) 646-7798

MLS: BridgeMLS #ML81974749

BridgeMLS logo

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