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$3,950,000

Beds
3
Baths
3.5
sq ft
2,540

816 Newhall Rd, Burlingame, CA 94010

816 Newhall Rd

Burlingame, CA 94010

  • 10 days on market
    • Open house Jul 06
Welcome to Newhall Home! This amazing, beautiful, and desirable street is located in Burlingame. You can enjoy the beauty of the flower gardens around the neighborhood while taking a walk. This spacious, move-in-ready Burlingame home, with a manicured front yard, offers exceptional privacy, uniquely set back from the main entry. With over 2,540 sq ft, this single-family home features 3 bedrooms, 3.5 bathrooms, and a separately located in-law unit (1 bedroom/1 bathroom). It includes a 2-car garage and a sunny backyard. The home efficiently utilizes space, boasting large floor-to-ceiling French windows that provide a view of the private front yard from the living room. There's an office space, a half bathroom, and a fireplace enclosed by a barn door, allowing you to create a separate living area if desired. To the right of the entrance, you'll find the dining area, kitchen, another family room setup, and a full bathroom. Additionally, there are 2 bedrooms with a full bathroom in between. Upstairs, the second floor was added and remodeled in 2018, which included updates to the first-floor family room, breakfast area, hallway bathroom, and foundation. The second floor includes a full master bedroom, a bonus room that can serve as an office or nursery, and a full bathroom.

Details

Property type

Single Family Residence

Est. home value

$3,545,496

Property condition

Updated/Remodeled

Lot size

6,651.612 sq ft

Price per sq ft

$1,556

Year built

1921

Price History

06/26/2024
SFAR

SFAR #424040542

Listed
$3,950,000
+12.82%
05/12/2021
MLSL

MLSL #ML81837799

Sold
$3,501,000

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

$2,592,686
Asking price
$3,950,000
Closing costs (~8% of asking)
-$316,000
Est. remaining loan balance
-$1,041,314
Cash to seller
$2,592,686

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

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

December 2017

Original loan amount

$1,200,000

Est. remaining balance

$1,041,314

Interest rate

3.88%

Loan type

New Conventional, 30 year

Seller

Michael J Chrisman and Michele C Chrisman

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: 07/05/2024 at 9:50 PM

Listing updated: 07/04/2024 at 9:43 AM

Listed by: Jessie Lee, Compass

MLS: SFAR #424040542

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