tomo logo

$998,000

Beds
2
Baths
2.0
sq ft
1,029

786 Minnesota Ave, San Jose, CA 95125

786 Minnesota Ave

San Jose, CA 95125

  • 81 days on market
    • Price drop $401,000↓
Charming Willow Glen Gem! Discover this beautifully maintained 2-bedroom, 2-bathroom home single family home, nestled on a spacious 5,550 sq ft lot. With bright living spaces, a gourmet kitchen, and a private backyard oasis, this residence perfectly blends modern convenience and timeless charm. Bonus attic space with opportunity to convert to the ultimate play area for kids or a great work from home area! The generous lot offers excellent potential for contractors looking to enhance the property aligning with neighboring evaluations. Enjoy easy access to downtown Willow Glens vibrant shops and parks just minutes away!

Details

Property type

Single Family Residence

Est. home value

$1,175,746

Lot size

5,550 sq ft

Price per sq ft

$970

Year built

1900

HOA

No

Price History

12/19/2024
BridgeMLS

BridgeMLS #ML81982757

Price change
$998,000
-28.66%
10/21/2024
BridgeMLS

BridgeMLS #ML81982757

Price change
$1,399,000
-6.67%
10/04/2024
BridgeMLS

BridgeMLS #ML81982757

Listed
$1,499,000
+30.35%

Schools & Community

Neighborhood: 

Willow Glen

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

$53,149
Asking price
$998,000
Closing costs (~8% of asking)
-$79,840
Est. remaining loan balance
-$865,011
Cash to seller
$53,149

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

Seller’s Loan History

Lender

Rocket Mortgage Llc

Loan start date

February 2022

Original loan amount

$920,000

Est. remaining balance

$865,011

Interest rate

3.11%

Loan type

New Conventional, 30 year

Seller

Christine Du and Amy Du

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: 12/25/2024 at 10:40 AM

Listing updated: 12/23/2024 at 4:25 AM

Listed by: Christine Du, Pellego Phone #: (408) 655-7266

MLS: BridgeMLS #ML81982757

BridgeMLS logo

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