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$1,248,000

Beds
4
Baths
3.0
sq ft
1,540

685 Templeton Ave, Daly City, CA 94014

685 Templeton Ave

Daly City, CA 94014

  • 15 days on market
    • Open house Dec 21
This well-located home is perfect for homeowners or investors, It is located in Daly City with no rent control, no Airbnb restrictions, and easy access to freeways to neighboring towns. The property consists of a total of 4 bedrooms and 3 bathrooms. The upper level has 3 bedrooms (1 master bedroom) and two bathrooms. Living room with hardwood floor and fireplace. Rear deck to the manicured backyard with storage shack. it's vacant. Lower level with 1 bedroom 1 bath. Living room with access to the yard, it's tenant occupied,$2450/month, The property is equipped with full-pay solar panels and a public park behind the property. Downstair unit photos were took when the property was bought by the seller. Buyer to verify square footage.

Details

Property type

Single Family Residence

Est. home value

$1,221,076

Property condition

Updated/Remodeled

Lot size

2,550 sq ft

Price per sq ft

$811

Year built

1955

HOA

No

Price History

12/06/2024
SFAR

SFAR #424083165

Listed
$1,248,000
+15.77%
05/21/2019
BridgeMLS

BridgeMLS #ML81746071

Sold
$1,078,000
+31.14%
09/27/2016
BridgeMLS

BridgeMLS #ML81597446

Sold
$822,000
+300.98%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$688,160
Asking price
$1,248,000
Closing costs (~8% of asking)
-$99,840
Est. remaining loan balance
-$460,000
Cash to seller
$688,160

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

July 2020

Original loan amount

$510,400

Est. remaining balance

$460,000

Interest rate

3.24%

Loan type

New Conventional, 29 year

Seller

Alex Wu

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: 12/21/2024 at 1:55 AM

Listing updated: 12/19/2024 at 2:00 PM

Listed by: Chungui Liu, JODI Group

MLS: SFAR #424083165

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