NOT LISTED FOR SALE

1020 E San Martin Ave San Martin, CA 95046

Estimated Value: $2,358,632

21.92 Acres
$107,615 Price per Acre
954,722 Sq Ft Lot

Last Sold May 05, 2021

Last sale price $2,000,000

Est. 18% increase in value since last sale

Current estimated payment $14,424/month

54 Days on Market

Highlights

  • 21.92 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • Agricultural

About This Lot

As of May 2021

Rare find of approx. 21.89 flat subdividable acres located close to the freeway in San Martin. Property is currently zoned RR-5A which would allow it to be further subdivided into 5 acre minimum lots! Highly accessible location on the corner of E. San Martin and Columbet Avenue. Existing private well provides water to the current agricultural operation with PG&E on-site. There is also an old agricultural non-conforming structure on the property that is being used for storage. Perfect opportunity for a developer, contractor, or investor here in Santa Clara County.

Last Agent to Sell the Property

Matt Telfer

South County Realty Mh License #01363041 Listed on: 01/14/2021

Co-Listed By

John Telfer

South County Realty Mh License #00493328

Last Buyer's Agent

Amit Bindal

Pacific Point, REALTORS® License #01910825

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,204

Lot Details

  • 21.92 Acre Lot
  • Partially Fenced Property
  • Level Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels

Additional Features

  • Agricultural
  • Horses Potentially Allowed on Property
  • Well

Property Details

Property Type

Land

Est. Annual Taxes

$24,204

Lot Details

0

Listing Details

  • Zoning: RR-5A
  • Subclass: Agriculture/Ranch Land
  • Listing Class: Residential Lots & Land
  • Present Use: Agricultural
  • Development Status: Subdivision - Possible
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Horse Property: Possible
  • Fencing: Partial Fencing

Lot Info

  • Lot Description: Agricultural Use, Grade - Level, Possible Lot Split
  • Lot Acres: 21.9174
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 954723.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 954723.00
  • Parcel Access: County Maintained Road, Paved Road

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 27, 2021
Sold by
Bindal and Tripti
Bought by
1020 E San Martin Trust
Current Estimated Value
$2,358,632

Purchase Details

Listed on
Jan 14, 2021
Closed on
Apr 29, 2021
Sold by
Choppa Aneel K and Choppa Sowjanya
Bought by
Bindal Amit and Bindal Tripti
Seller's Agent
Matt Telfer
South County Realty Mh
Buyer's Agent
Amit Bindal
Pacific Point, REALTORS®
List Price
$2,400,000
Sold Price
$2,000,000
Premium/Discount to List
-$400,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.72%
Original Mortgage
$1,400,000
Interest Rate
3.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 16, 2017
Sold by
Manda Vijayram Sri Venkata and Manda Vijayram S
Bought by
Manda Vijayram Sri Venkata and Muddada Bahrgavi

Purchase Details

Closed on
Apr 28, 2016
Sold by
Choppa Aneel K
Bought by
Choppa Aneel K and Choppa Sowjanya

Purchase Details

Listed on
Sep 14, 2012
Closed on
Jan 23, 2013
Sold by
Byrne Daniel
Bought by
Choppa Aneel K and Chenna Rajesh K
Seller's Agent
James Leslie
Coldwell Banker Realty
Buyer's Agent
James Leslie
Coldwell Banker Realty
List Price
$799,888
Sold Price
$735,000
Premium/Discount to List
-$64,888
-8.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.51%

Purchase Details

Listed on
Sep 14, 2012
Closed on
Jan 18, 2013
Sold by
Muddada Bhargavi
Bought by
Manda Vijayram S
Seller's Agent
James Leslie
Coldwell Banker Realty
Buyer's Agent
James Leslie
Coldwell Banker Realty
List Price
$799,888
Sold Price
$735,000
Premium/Discount to List
-$64,888
-8.11%

Purchase Details

Closed on
Jul 13, 2011
Sold by
Stefanini Mario and Stefanini Martha
Bought by
Stefanini Mario

Purchase Details

Closed on
Feb 22, 2007
Sold by
Toussaint Alva J
Bought by
Toussaint Alva J

Purchase Details

Closed on
Dec 28, 1994
Sold by
Ruscigno Josephine and Ruscigno Richard R
Bought by
Ruscigno Josephine
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1020 E San Martin Trust -- None Listed On Document
Bindal Amit $2,000,000 Chicago Title Company
Manda Vijayram Sri Venkata -- None Available
Choppa Aneel K -- None Available
Choppa Aneel K $735,000 Chicago Title Company
Manda Vijayram S -- Chicago Title Company
Choppa Aneel K -- Chicago Title Company
Chenna Rajesh K -- Chicago Title Company
Arvabhumi Venugopal R -- Chicago Title Company
Stefanini Mario -- None Available
Toussaint Alva J -- None Available
Ruscigno Josephine -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bindal Amit $1,400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2021 05/05/21 Sold $2,000,000 -16.7% --
03/10/2021 03/10/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $2,400,000 +226.5% --
01/11/2013 01/11/13 Sold $735,000 -8.1% -- View Prior Sale
12/12/2012 12/12/12 Pending -- -- --
09/14/2012 09/14/12 For Sale $799,888 -- --
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,204 $2,164,864 $2,164,864 --
2024 $24,204 $2,122,416 $2,122,416 --
2023 $23,894 $2,080,800 $2,080,800 $0
2022 $23,496 $2,040,000 $2,040,000 $0
2021 $9,690 $836,168 $836,168 $0
2020 $9,457 $827,595 $827,595 $0
2019 $9,725 $811,368 $811,368 $0
2018 $9,755 $795,459 $795,459 $0
2017 $9,663 $779,862 $779,862 $0
2016 $9,053 $764,571 $764,571 $0
2015 $8,957 $753,087 $753,087 $0
2014 $9,088 $738,336 $738,336 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81825886

MLSListings

APN: 825-38-010