tomo logo

$1,265,000

Beds
Unknown
sq ft
Unknown

825 51st St, San Diego, CA 92114

825 51st St

San Diego, CA 92114

  • 52 days on market
Amazing development opportunity. Shovel Ready Permitted plans in hand to add 6 ADUs, each with their own 2-car garage, to this 13,700 sqft. lot. Each ADU is a 3 bedroom with 2 bathrooms. The existing home is a 4 bedroom, 2 bathroom and was renovated in 2023. Great rental potential and ready to build.

Details

Property type

Est. home value

$675,595

Lot size

0.3145 acres

Price per sq ft

Unknown

Year built

Unknown

Price History

09/26/2024
SanDiego

SanDiego #NDP2409900

Listed
$1,265,000
+89.94%
06/23/2023
SanDiego

SanDiego #PTP2302791

Sold
$666,000

Schools & Community

Neighborhood: 

Emerald Hills

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

$672,041
Asking price
$1,265,000
Closing costs (~8% of asking)
-$101,200
Est. remaining loan balance
-$491,759
Cash to seller
$672,041

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

June 2023

Original loan amount

$499,500

Est. remaining balance

$491,759

Interest rate

6.35%

Loan type

New Conventional, 30 year

Seller

Frank Minicilli

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?

Status: Active

Tomo last checked: 11/17/2024 at 10:45 AM

Listing updated: 11/13/2024 at 4:46 AM

Listed by: Janna McGee, Phone #: (800) 550-3209

MLS: SanDiego #NDP2409900

SanDiego logo

Recently listed in San Diego