tomo logo

$750,000

Beds
2
Baths
1.0
sq ft
1,448

8387 Norris Canyon Rd, Castro Valley, CA 94552

8387 Norris Canyon Rd

Castro Valley, CA 94552

  • 10 days on market
Unlock the potential of this prime fixer-upper, nestled against Norris Creek in a tranquil country setting! This 2-bedroom, 1-bath home is brimming with vintage character and ready for transformation, giving you the perfect canvas to create something truly special. The home sits on a sprawling 12,258 sq. ft. lot zoned for agricultural residential use, offering space to garden, enjoy nature, or explore even more possibilities…. The lower level features a flexible bonus space with 1 bedroom, full bathroom and kitchen—a hidden opportunity for those seeking extra room (legality unknown). The property includes a two-car garage and operates on septic, propane, and a private water utility, offering an ideal mix of seclusion and convenience near Bay Area job hubs and city conveniences. If you’re ready to bring new life into a classic country property, this is your chance to make it shine! OPEN Sunday 10/26 1:00-4:00

Details

Property type

Single Family Residence

Est. home value

$1,074,015

Lot size

0.28 acres

Price per sq ft

$518

Year built

1924

HOA

No

Price History

10/25/2024
BridgeMLS

BridgeMLS #41077440

Listed
$750,000
+13.29%
10/02/2019
BridgeMLS

BridgeMLS #40877942

Sold
$662,000

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

$155,774
Asking price
$750,000
Closing costs (~8% of asking)
-$60,000
Est. remaining loan balance
-$534,226
Cash to seller
$155,774

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

Seller’s Loan History

Lender

Caliber Home Loans Inc

Loan start date

September 2019

Original loan amount

$595,800

Est. remaining balance

$534,226

Interest rate

3.6%

Loan type

New Conventional, 30 year

Seller

Donovan Nixon and Jessica Coop

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 2:30 AM

Listing updated: 11/01/2024 at 2:05 AM

Listed by: Liz Wilson, Preferred Real Estate Phone #: (925) 330-0886

MLS: BridgeMLS #41077440

BridgeMLS logo

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