patrick.net

No, it's worth maybe $550K:

http://patrick.net/housing/calculator.php?uaddr=1825+Montage+Ct%2C+95131

When I click on your link, it is showing 850k$.

1825 Montage Ct, San Jose, CA 95131
Review this house
Actual value is $851,326. It's OK to pay $700,000.

Ah, your assumptions are probably different. I'm using the default assumption of 7 year holding period, 0% house price inflation, 1% rent inflation, etc.

Click "Change Assumptions" at bottom of calculator.

Seems the monthly rent is put as $3,495 in the calculator, which is very high. If I change to 25004, it is coming in your range of 550k$.

When I told the selling agent, I can offer 680K$, she said it is too low.

Does it mean,
1. she has offers more than the listing price or
2. she wants me to increase my offer?

If I put the offer price less than listing price, will she will take my offer? Do people give offers less than listing price? If so how does it work.

Ok, I will put a $850k cash offer in.

This is off of market and sale pending.

Does it mean someone bought for over 700k$?

crazydesi says

This is off of market and sale pending.

Does it mean someone bought for over 700k$?

I don't know of San Jose market but if it were in the market here in Socal,it means it is going to be back on market with lower then the prior asking price. :)

Yep, means it'll be back with a different price but who knows if it's higher or lower.

Seems slightly high to me. If you're going to spend 700K, get a real house instead of an ugly cookie cutter moo factory.

Which one is correct

off the market --> pending --> sold
or
off the market --> relisted

crazydesi says

off the market --> relisted

This.

bubblesitter says

I don't know of San Jose market but if it were in the market here in Socal,it means it is going to be back on market with lower then the prior asking price. :)

Thank you for the validation of the endless non sold, revolving mls and prices here in SoCal.

So what do you think of the reo property nearby this..2403 flickinger ave San Jose 95131. That was listed at 672000. They had several offers apparently overbidding.

wow sold for 820,000.