tomo logo

$1,080,000

Beds
2
Baths
2.5
sq ft
1,301

701 Baltic Cir Unit 711, Redwood City, CA 94065

701 Baltic Cir Unit 711

Redwood City, CA 94065

  • 59 days on market
Desirable 2 level townhouse-style home in resort-style community! This beautiful 2 bedroom and 2.5 bath home offers you NEW wood floor, NEW kitchen, NEW bathrooms, NEW light fixtures! Enter the naturally lit living space with gas fireplace and wide balcony. The combination dining area overlooking the NEW kitchen and serving bar. The laundry is tucked away just off the kitchen with space for extra storage. The roomy primary suite and bathroom has a dual sink vanity, shower and tub, and walk-in closet. The junior master suite with brand NEW bathroom. This floor plan includes a cozy patio, a detached one car automatic garage and is just steps away from the community pool, hot tub and clubhouse. Located in the sought after Belmont-Redwood Shores school district, this community also offers greenbelts, water views and is walking distance to beautiful Shannon Park and the Bay Trail! Shopping and restaurants are nearby. Miles of waterfront walking and biking paths. Don't miss this special property! HOA covers Water, trash, roof, 2 pools, clubhouse, hot tub, gym and common area.

Details

Property type

Condominium

Est. home value

$1,160,784

Lot size

7.2179 acres

Price per sq ft

$831

Year built

1996

HOA fee

$740

Price History

10/02/2024
BridgeMLS

BridgeMLS #ML81974219

Price change
$1,080,000
+8.22%
09/06/2024
BridgeMLS

BridgeMLS #ML81974219

Listed
$998,000
-15.5%
07/20/2024
BridgeMLS

BridgeMLS #ML81971089

Removed
$1,181,000

Schools & Community

Neighborhood: 

Steinberger

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

Sequoia Union High

Number of units in community: 

244

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

$340,444
Asking price
$1,080,000
Closing costs (~8% of asking)
-$86,400
Est. remaining loan balance
-$653,156
Cash to seller
$340,444

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

Seller’s Loan History

Lender

United Wholesale Mortgage

Loan start date

July 2020

Original loan amount

$718,000

Est. remaining balance

$653,156

Interest rate

3.21%

Loan type

New Conventional, 30 year

Seller

Xiaohu Shen and Hong Qing Zhang

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: 11/05/2024 at 12:35 AM

Listing updated: 10/25/2024 at 5:20 AM

Listed by: Jingya Ji, Coldwell Banker Realty Phone #: (650) 492-0701

MLS: BridgeMLS #ML81974219

BridgeMLS logo

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