tomo logo

$7,950,000

Beds
6
Baths
7.5
sq ft
6,116

990 Yale Dr, Hillsborough, CA 94010

990 Yale Dr

Hillsborough, CA 94010

  • 47 days on market
    • Price drop $538,000↓
Exquisite 6-Bedroom Estate in Desirable Hillsborough! Step into luxury with this stunningly remodeled 6,116 sq. ft. home, offering six spacious bedrooms, each with its own en-suite bathroom. Set on a private half-acre lot, this home boasts an array of premium amenities including a sparkling swimming pool, outdoor kitchen, pickleball court, and basketball court, perfect for entertaining.The master suite is an oasis in itself with expansive sliding glass doors that flood the space with natural light, offering direct access to the backyard. Enjoy a massive walk-in closet and spa-like en-suite bathroom. Hardwood floors run throughout the open-concept main living area, adding warmth and elegance.The backyard is an entertainer's dream, with sliding glass doors from multiple rooms opening onto the outdoor living space. Experience year-round enjoyment with Hillsborough's fantastic weather in this light-filled, spacious home. Don't miss this rare opportunity to own a beautifully remodeled home in one of the Bay Area's most coveted locations with award-winning private and public schools. *** Seller Financing Options Available - Call for additional information ***

Details

Property type

Single Family Residence

Est. home value

$3,908,626

Lot size

0.55 acres

Price per sq ft

$1,300

Year built

1970

HOA

No

Price History

11/16/2024
BridgeMLS

BridgeMLS #ML81981939

Price change
$7,950,000
-6.34%
11/07/2024
BridgeMLS

BridgeMLS #ML81981939

Price change
$8,488,000
-3.87%
10/07/2024
BridgeMLS

BridgeMLS #ML81981939

Listed
$8,830,000
+135.47%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

San Mateo 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

$6,141,706
Asking price
$7,950,000
Closing costs (~8% of asking)
-$636,000
Est. remaining loan balance
-$1,172,294
Cash to seller
$6,141,706

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

Seller’s Loan History

Lender

Capitol Life Insuarance Company

Loan start date

August 2023

Original loan amount

$3,000,000

Est. remaining balance

$1,172,294

Interest rate

6.71%

Loan type

New Conventional, 2 year

Seller

Zev Simon and Nava Simon

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: 11/23/2024 at 10:40 AM

Listing updated: 11/19/2024 at 8:35 AM

Listed by: Michael Haywood Jr., eXp Realty of California Inc Phone #: (650) 773-0266

MLS: BridgeMLS #ML81981939

BridgeMLS logo

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