tomo logo

$1,598,888

Beds
3
Baths
2.5
sq ft
1,640

57 Oakwood Dr, Redwood City, CA 94061

57 Oakwood Dr

Redwood City, CA 94061

  • 72 days on market
    • Price drop $51,000↓
Spectacular opportunity to be in the center of it all! Rare single family home near the Atherton border. Tri-level modern design perfect for today's busy lifestyle. Loft is perfect for home office/guest room/4th bedroom. Minutes from Stanford University, Premier Shopping, Local Coffee Houses, and Eateries. Vibrant down town. A must see!

Details

Property type

Single Family Residence

Est. home value

$1,650,539

Lot size

2,829 sq ft

Price per sq ft

$975

Year built

2007

Price History

09/09/2024
BridgeMLS

BridgeMLS #ML81974358

Price change
$1,598,888
-3.09%
08/14/2024
BridgeMLS

BridgeMLS #ML81974358

Price change
$1,649,888
-2.88%
07/25/2024
BridgeMLS

BridgeMLS #ML81974342

Removed
$1,698,888

Schools & Community

Neighborhood: 

Oakwood

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Sequoia 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

$786,626
Asking price
$1,598,888
Closing costs (~8% of asking)
-$127,911
Est. remaining loan balance
-$684,351
Cash to seller
$786,626

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

Seller’s Loan History

Lender

Quicken Loans Llc

Loan start date

October 2020

Original loan amount

$750,000

Est. remaining balance

$684,351

Interest rate

2.99%

Loan type

New Conventional, 30 year

Seller

Kokila Khatri and Pradeep Khatri

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: 10/05/2024 at 2:35 AM

Listing updated: 09/30/2024 at 4:22 AM

Listed by: Ravi Jagtiani, Intero Real Estate Services Phone #: (669) 226-7416

MLS: BridgeMLS #ML81974358

BridgeMLS logo

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