tomo logo

$1,888,000

Beds
2
Baths
2.5
sq ft
1,392

707 Webster St, Palo Alto, CA 94301

707 Webster St

Palo Alto, CA 94301

  • 65 days on market
Spectacularly updated 2 Bed 2.5 Bath townhome in the heart of downtown Palo Alto, offers the ultimate in convenience and lifestyle. Located on a tree-lined street just 2 blocks from University Avenue, in the vibrant heart of downtown Palo Alto, this residence offers the best of city-like lifestyle. The ground floor features a spacious living room, dining room, gourmet kitchen, a breakfast bar and a half bathroom nearby. The Primary Suite and second bedroom, both with fully remodeled en suite bathrooms, are upstairs. Enjoy indoor & outdoor entertaining by sliding open glass doors from the dining room to the spacious back patio. Direct access to underground gated garage with 2 dedicated spots & private storage room. Step outside your front door and find yourself just moments away from great boutique shopping and award-winning restaurants, & enjoy easy access to Stanford University, the Stanford Shopping Center, Caltrain, and US 101. Excellent Palo Alto schools: Addison Elementary, Greene Middle, Palo Alto High (buyer to confirm)

Details

Property type

Townhouse

Est. home value

$1,948,408

Lot size

700 sq ft

Price per sq ft

$1,357

Year built

1977

HOA fee

$560

Price History

09/05/2024
BridgeMLS

BridgeMLS #ML81979189

Listed
$1,888,000
+1.61%
07/18/2018
SFAR

SFAR #471602

Sold
$1,858,000

Schools & Community

Neighborhood: 

University South

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Palo Alto Unified

Number of units in community: 

8

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

$502,569
Asking price
$1,888,000
Closing costs (~8% of asking)
-$151,040
Est. remaining loan balance
-$1,234,391
Cash to seller
$502,569

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

Seller’s Loan History

Lender

Bank Of America Na

Loan start date

June 2018

Original loan amount

$1,393,500

Est. remaining balance

$1,234,391

Interest rate

4.58%

Loan type

New Conventional, 30 year

Seller

Yu Liu and Lan Wang

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: 11/10/2024 at 1:35 AM

Listing updated: 11/04/2024 at 5:05 AM

Listed by: Scott Casas, Casas Real Estate Phone #: (650) 823-6077

MLS: BridgeMLS #ML81979189

BridgeMLS logo

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