NOT LISTED FOR SALE

1022 Wallace Dr San Jose, CA 95120

Sunrise Almaden Neighborhood

Estimated Value: $1,885,000 - $2,110,000

4 Beds
2.5 Baths
2,139 Sq Ft
$937/Sq Ft Est. Value

Last Sold May 21, 2021

Last sale price $1,600,000 $748 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $12,435/month

4 Days on Market

Highlights

  • View of Hills
  • Deck
  • Open to Family Room
  • Simonds Elementary School Rated A-
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of May 2021

Located on a quiet street in the desirable neighborhood of Sunrise Almaden of Almaden Valley, this 4-bedroom 2.5 bath home offers plenty of living space! With 2,139 sq ft this two-story home features a large living room - dining room combo plus a separate bright kitchen - family room combo, all freshly painted. Upstairs features 4 bedrooms including the primary bedroom with its ensuite bath and walk-in closet. Hardwood floors throughout the home. Outside, enjoy the private backyard with mature trees (including fruit trees) & deck ideal for outdoor entertaining. Original owners. Top rated Almaden Valley schools: Simonds Elementary, Bret Harte Middle, Leland High School. A short distance to Los Alamitos Trail, restaurants, shopping, parks, & the Almaden Community Center & Library, with easy access to HWY 85.

Last Agent to Sell the Property

Rob Nunes

Intero Real Estate Services License #02040857 Listed on: 04/22/2021

Intero Real Estate Services

Last Buyer's Agent

Helena Choi

Intero Real Estate Services License #01876926

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,070

Year Built

  • 1965

Lot Details

  • 6,334 Sq Ft Lot
  • Northwest Facing Home
  • Fenced
  • Sprinklers on Timer
  • Back Yard

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,139 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Views of Hills
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Electric Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,070

Year Built

1965

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 2139
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric
  • Fireplace: Yes
  • Living Sq Ft: 2139
  • Stories: 2
  • Bedrooms: Walk-In Closet
  • Laundry: Inside
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Half On Ground Floor

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • View: Hills
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto
  • Property Faces: Northwest

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Simonds Elementary
  • Middle School: Bret Harte Middle
  • High School: Leland High
  • High School: 346
  • Elementary School: 376
  • Middle School: 339

Lot Info

  • Lot Acres: 0.1454
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6333.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6333.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2021
Closed on
May 18, 2021
Sold by
Hymas Scott S and Hymas June H
Bought by
Park Jong Ho and Bong Hye Yeon
Seller's Agent
Rob Nunes
Intero Real Estate Services
Buyer's Agent
Helena Choi
Intero Real Estate Services
List Price
$1,475,000
Sold Price
$1,600,000
Premium/Discount to List
$125,000
8.47%
Current Estimated Value
$2,004,324

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$404,324
Avg. Annual Appreciation
5.77%
Original Mortgage
$1,000,000
Outstanding Balance
$910,093
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,128,813

Purchase Details

Closed on
Oct 26, 2004
Sold by
Hymas Scott S and Hymas June H
Bought by
Hymas Scott S and Hymas June H
Source: Public Records

Range of Values:

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Average Value
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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
Park Jong Ho $1,600,000 Orange Coast Ttl Co Of Nocal
Hymas Scott S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jong Ho $200,000
Open Park Jong Ho $1,000,000
Previous Owner Hymas Scott Simpson $90,000
Previous Owner Hymas Scott Simpson $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/21/2021 05/21/21 Sold $1,600,000 +8.5% $748 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $1,475,000 -- $690 / Sq Ft
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 $21,070 $1,731,890 $1,407,161 $324,729
2024 $21,070 $1,697,932 $1,379,570 $318,362
2023 $20,706 $1,664,640 $1,352,520 $312,120
2022 $20,529 $1,632,000 $1,326,000 $306,000
2021 $2,639 $105,384 $24,943 $80,441
2020 $2,533 $104,305 $24,688 $79,617
2019 $2,455 $102,260 $24,204 $78,056
2018 $2,326 $100,256 $23,730 $76,526
2017 $2,290 $98,291 $23,265 $75,026
2016 $2,154 $96,364 $22,809 $73,555
2015 $2,123 $94,918 $22,467 $72,451
2014 $1,708 $93,059 $22,027 $71,032
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Rob Nunes

    Intero Real Estate Services

    Section Image

  • H

    Buyer's Agent in 2021

    Helena Choi

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81840384

MLSListings

APN: 696-17-055

California Santa Clara County San Jose 95120 Sunrise Almaden

1022 Wallace Dr, San Jose, CA

This home is located at 1022 Wallace Dr, San Jose, CA 95120 since 22 April 2021 and is currently estimated at $2,004,324, approximately $937 per square foot. This property was built in 1965. 1022 Wallace Dr is a home located in Santa Clara County with nearby schools including Simonds Elementary School, Bret Harte Middle School, and Leland High School.

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