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$1,172,823Estimated home value

Beds
4
Baths
2.0
sq ft
1,405

611 Monferino Dr, San Jose, CA 95112

611 Monferino Dr

San Jose, CA 95112

  • Sold On 12/10/2020
This 4 bedrooms, 2 bathrooms home is located in a quiet street. Walk across the street to make use of Watson Park that offers a playground, a dog area, and a basketball court. Home features include laminated, vinyl & tile flooring, upgraded kitchen with granite countertops, backsplash wall tile, new cabinets. Upgraded bathrooms. Skylights, Dual Pane Windows, Newer water heater. A formal living room and a separate dining area. A sun-room and a converted garage to build an ADU unit- additional rental income to offset your mortgage payment-buyer to verify permits. A storage unit was built in the backyard. A private front yard with limes, oranges, nectarine, guava, tangerine & persimmon trees. Home is located near to the future Downtown Google campus. Easy access to the future Alum Rock/28th St BART station and 101, 880, 680, and 87 freeways. Walking distance to Empire Gardens Elementary. Buyer to verify schools. A MUST SEE!

Details

Property type

Single Family Residence

Est. home value

$1,172,823

Lot size

5,431 sq ft

Price per sq ft

$640

Year built

1977

Price History

11/09/2024
BridgeMLS

BridgeMLS #ML81981631

Removed
$1,275,000
09/26/2024
BridgeMLS

BridgeMLS #ML81981631

Listed
$1,275,000
+2.08%
09/14/2024
BridgeMLS

BridgeMLS #ML81969538

Removed
$1,249,000
-3.09%

Schools & Community

Neighborhood: 

Downtown

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

$55,495
Asking price
$899,000
Closing costs (~8% of asking)
-$71,920
Est. remaining loan balance
-$771,585
Cash to seller
$55,495

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

Seller’s Loan History

Lender

The Golden 1 Cu

Loan start date

December 2020

Original loan amount

$846,000

Est. remaining balance

$771,585

Interest rate

2.81%

Loan type

New Conventional, 30 year

Seller

Richard Lam and Vincent Lam

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: Off Market

Tomo last checked: 11/14/2024 at 5:20 PM

Listing updated: 09/27/2024 at 3:11 AM

Listed by: Maria Casillas, Intero Real Estate Services Phone #: (408) 821-2649

MLS: BridgeMLS #ML81813175

BridgeMLS logo

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