NOT LISTED FOR SALE

1032 Summerplace Dr Unit 202 San Jose, CA 95122

Yerba Buena Neighborhood

Estimated Value: $499,000 - $616,000

2 Beds
2 Baths
961 Sq Ft
436 Sq Ft Lot

Last Sold November 21, 2014

Last sale price $310,000 $323 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $3,488/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • High Ceiling
  • Eat-In Kitchen
  • Sauna
  • Community Pool
  • Bathtub

About This Home

As of November 2014

Fantastic 2Bd/2Ba unit, Fantastic price, Fantastic location! Great starter home for first time buyer. BBQ on your balcony with open views to water feature as well as close proximity to Pool & Spa. Open floor plan with high ceilings. Laundry Room. Great community. Unit located at the rear of the community, keeping you away from traffic noise.

Last Agent to Sell the Property

David Zaria

Intero Real Estate Services License #01916037 Listed on: 10/03/2014

Intero Real Estate Services

Last Buyer's Agent

Kulbir Hundal

Hundal & Associates License #01013332

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,376

Year Built

  • Built in 1992

Lot Details

  • 436

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Security Gate

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 477-69-338

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, pool spa or tennis, management fee, reserves, roof, sewer, maintenance - unit yard, cable / dish, water, common area electricity, exterior painting, fencing, garbage, insurance - common area
  • Waterside Association
  • Car Wash Area

Recreation

  • Community Pool

Additional Features

  • Sauna
  • Security Service

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,376

Year Built

Built in 1992

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 22
  • Sale Price Per Sq Ft: 322.58
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 961
  • Incorporated: Yes
  • Map Book Page: 854
  • Map Side Coordinate: 1
  • Map Top Coordinate: G
  • Thomas Bros Page: 854
  • Thomas Brothers: G1
  • Year Built: 1992
  • Zoning Description: R3A
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Yes, Gas Starter
  • Dining Room: Dining Area in Living Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Refrigerator, 220 Volt Outlet
  • Living Sq Ft: 961
  • Stories: 1
  • Security: Security Gate, Security Service
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, Stall Shower - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Carport Min: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 344
  • HOA Amenities: Car Wash Area, Community Pool, Sauna / Spa / Hot Tub, Cable/ Satellite TV
  • Association Fees Include: Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Sewer, Maintenance - Unit Yard, Cable / Dish, Water, Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area
  • H O A Name Text: Waterside
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Balcony/Patio

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 477-69-338
  • List Price per Sq Ft: 311.65
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Thermostat Controller

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2014
Closed on
Nov 10, 2014
Sold by
Allum John
Bought by
Hundal Simranbir and Singh Armandeep
Seller's Agent
David Zaria
Intero Real Estate Services
Buyer's Agent
Kulbir Hundal
Hundal & Associates
List Price
$299,500
Sold Price
$310,000
Premium/Discount to List
$10,500
3.51%
Current Estimated Value
$573,283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,283
Avg. Annual Appreciation
5.92%
Original Mortgage
$232,500
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 2, 1996
Sold by
Woll Roy and Woll Nancy
Bought by
Allum John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.68%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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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
Hundal Simranbir $310,000 Chicago Title Company
Allum John $118,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hundal Simranbir $232,500
Previous Owner Allum John $109,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2014 11/21/14 Sold $310,000 +3.5% $323 / Sq Ft
10/15/2014 10/15/14 Pending -- -- --
10/03/2014 10/03/14 For Sale $299,500 -- $312 / 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 $5,376 $372,560 $186,280 $186,280
2024 $5,376 $365,256 $182,628 $182,628
2023 $5,315 $358,096 $179,048 $179,048
2022 $5,211 $351,076 $175,538 $175,538
2021 $5,210 $344,194 $172,097 $172,097
2020 $5,052 $340,666 $170,333 $170,333
2019 $4,861 $333,988 $166,994 $166,994
2018 $4,869 $327,440 $163,720 $163,720
2017 $4,811 $321,020 $160,510 $160,510
2016 $4,568 $314,726 $157,363 $157,363
2015 $4,471 $310,000 $155,000 $155,000
2014 $2,422 $159,894 $54,197 $105,697
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81436045

MLSListings

APN: 477-69-338