tomo logo

$1,098,000

Beds
2
Baths
2.0
sq ft
1,395

811 Balboa Ln, Foster City, CA 94404

811 Balboa Ln

Foster City, CA 94404

  • 148 days on market
    • Price drop $52,000↓
Price improvement & a fabulous opportunity! Ground floor 1 level condo features two bedrooms + den/bonus room, two bathrooms located in the resort style complex of "The Islands". Updated kitchen with new quartz countertops, center island, freshly custom painted cabinetry, ample storage with pantry cabinets & stainless appliances. Dining room features a quartz topped dry bar, Spacious living room provides a gas fireplace & sliding door to spacious patio with greenbelt views and storage closet. Generous sized primary suite offers dual wall-to-wall closets, a private patio & en-suite bathroom with new modern vanity, a shower & over oversized bathtub. The second bedroom offers a large closet & direct access to the hall bathroom with shower over tub & new vanity. Special features include: new attractive plank flooring throughout, in unit laundry room with washer & dryer, dual pane windows, hall storage closet, 2-car detached private enclosed tandem garage and ample guest parking. HOA pool, spa, boat dock & rec room.

Details

Property type

Condominium

Est. home value

$1,130,477

Lot size

Unknown

Price per sq ft

$788

Year built

1975

Monthly HOA fee

$945

Price History

10/20/2024
BridgeMLS

BridgeMLS #ML81968080

Price change
$1,098,000
-4.52%
08/15/2024
BridgeMLS

BridgeMLS #ML81968080

Price change
$1,150,000
-4.01%
07/09/2024
BridgeMLS

BridgeMLS #ML81968080

Price change
$1,198,000
-4.16%

Schools & Community

Neighborhood: 

Explorers

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

San Mateo Union High

Number of units in community: 

174

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

$966,713
Asking price
$1,098,000
Closing costs (~8% of asking)
-$87,840
Est. remaining loan balance
-$43,447
Cash to seller
$966,713

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

Seller’s Loan History

Lender

Headlands Mtg Company

Loan start date

April 1998

Original loan amount

$173,000

Est. remaining balance

$43,447

Interest rate

7.19%

Loan type

Not Provided, 30 year

Seller

Nils R Schroder and Karen Kay

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 1:30 AM

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

Listed by: Jan 'Majeski' Maciejewski, Compass Phone #: (650) 888-1230

MLS: BridgeMLS #ML81968080

BridgeMLS logo

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