tomo logo

$949,000

Beds
2
Baths
2.0
sq ft
1,257

848 Monarch Cir, San Jose, CA 95138

848 Monarch Cir

San Jose, CA 95138

  • Pending
Absolutely exquisite completely remodeled home located in Allegro at Basking Ridge. The property offers 2 bedrooms and 2 remodeled bathrooms. The open floor plan with a beautiful kitchen includes white cabinets, quartz countertops, tiled backsplash, stainless steel appliances, range oven with a gas hookup, hood vent, and breakfast bar. Lovely wood floors throughout. Rock & stone staircase accent wall. Living and dining room combination with a gas fireplace. Corner unit with delightful mountain and greenbelt views. Private entertaining deck with views. Corner unit with a 2 car garage . Laundry in garage with storage cabinetry. Association pool/spa, walking trails , Coyote Creek, children's play park . This is a lovely community located in a private yet desirable location nestled next to the mountains.

Details

Property type

Condominium

Est. home value

$888,285

Lot size

1,468 sq ft

Price per sq ft

$755

Year built

1999

Monthly HOA fee

$387

Price History

08/30/2024
BridgeMLS

BridgeMLS #ML81973977

Pending
$949,000
07/24/2024
BridgeMLS

BridgeMLS #ML81973977

Listed
$949,000
+3.04%
06/30/2023
MLSL

MLSL #ML81929432

Sold
$921,000
+10.3%

Schools & Community

Neighborhood: 

Santa Teresa

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool

High school district: 

East Side Union High

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

$146,143
Asking price
$949,000
Closing costs (~8% of asking)
-$75,920
Est. remaining loan balance
-$726,937
Cash to seller
$146,143

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

June 2023

Original loan amount

$736,800

Est. remaining balance

$726,937

Interest rate

6.39%

Loan type

New Conventional, 30 year

Seller

Shafiq Uddin Ahmed and Asbah Fatimah Qureshy

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: Pending/Under Contract

Tomo last checked: 09/07/2024 at 6:55 PM

Listing updated: 08/30/2024 at 10:31 PM

Listed by: William Lister, Coldwell Banker Realty Phone #: (408) 892-9300

MLS: BridgeMLS #ML81973977

BridgeMLS logo

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