NOT LISTED FOR SALE

1040 Banyan Ct San Jose, CA 95131

Estimated Value: $1,957,000 - $2,182,000

4 Beds
2.5 Baths
2,150 Sq Ft
$964/Sq Ft Est. Value

Last Sold June 21, 2019

Last sale price $1,440,000 $670 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $13,172/month

46 Days on Market

Highlights

  • High Ceiling
  • Granite Countertops
  • Eat-In Kitchen
  • Independence High School Rated A-
  • Neighborhood Views
  • Double Pane Windows

About This Home

As of June 2019

4 Bedrooms, 2.5 Bathrooms. Built in 2007. Nicely designed with Great Layout. Spacious living room / dining room combo with fireplace. Sunny Great Room ~ family room, informal dining area and kitchen with granite counter tops, Whirlpool and Kitchen aid appliances, walk-in pantry and has entrance to large wrap around well-manicured backyard. Garage entrance close to kitchen for easy unloading of groceries. Conveniently located downstairs half bath. All bedrooms located upstairs central to washer and dryer. All with walk-in closets. Sunny large master suite with two walk-in closets with views. Master bath with tub and separate shower. Recessed lighting throughout. Shutters facing the front of the home. Schools Orchard Elementary, Independence High.

Last Agent to Sell the Property

Carol Mauldin

Compass License #01247020 Listed on: 04/12/2019

Compass

Last Buyer's Agent

Jessie Li

Intero Real Estate Services License #01485877

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,794

Year Built

  • Built in 2007

Lot Details

  • 5,972 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 2,150 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Concrete

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Water Softener is Owned
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 237-23-088

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,794

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 12
  • Listing Class: Residential
  • Structure Sq Ft: 2150
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Log, Living Room
  • Dining Room: Breakfast Bar, Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Gas, Microwave, Oven - Built-In, Oven - Gas, Pantry, Refrigerator
  • Living Sq Ft: 2150
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Laundry: Dryer, In Utility Room, Upper Floor, Washer
  • Flooring: Carpet, Concrete
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Half on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1, Tile, Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Wood
  • Construction Type: Concrete, Wood, Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Central Forced Air - Gas, Fireplace, Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: East Side Union High
  • Elementary School: Orchard Elementary
  • High School: Independence High
  • High School: 246
  • Elementary School: 195

Lot Info

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 237-23-088
  • Lot Acres: 0.1371
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5970.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5970.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Orchard Elementary
  • High School Text: Independence High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2019
Closed on
Jun 21, 2019
Sold by
Lakritz Gregg A and Lakritz Trust
Bought by
Chen Rantao and Mo Helena
Seller's Agent
Carol Mauldin
Compass
Buyer's Agent
Jessie Li
Intero Real Estate Services
List Price
$1,500,000
Sold Price
$1,440,000
Premium/Discount to List
-$60,000
-4%
Current Estimated Value
$2,099,431

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$659,431
Avg. Annual Appreciation
6.32%
Original Mortgage
$864,000
Interest Rate
3.84%

Purchase Details

Closed on
Jul 5, 2012
Sold by
Lakritz Gregg Alan and Young Victoria Ann
Bought by
Lakritz Gregg Alan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2010
Sold by
Lakritz Gregg A and Young Victoria A
Bought by
Lakritz Gregg Alan and Young Victoria Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2009
Sold by
Lakritz Gregg A and Young Victoria A
Bought by
Lakritz Gregg Alan and Young Victoria Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 25, 2008
Sold by
Lakritz Gregg and Young Victoria
Bought by
Lakritz Gregg Alan and Young Victoria Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 9, 2008
Sold by
Taylor Morrison Of California Llc
Bought by
Lakritz Gregg and Young Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 19, 2007
Sold by
Jones Loren J and Valentine Catherine A
Bought by
Jones Loren J and Valentine Catherine A
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
Chen Rantao $1,440,000 --
Lakritz Gregg Alan -- First American Title
Lakritz Gregg Alan -- First American Title Company
Lakritz Gregg Alan -- Accommodation
Lakritz Gregg A -- Fidelity National Title Co
Lakritz Gregg Alan -- Accommodation
Lakritz Gregg A -- Fidelity National Title Co
Lakritz Gregg Alan -- First American Title Co
Lakritz Gregg $969,500 First American Title Co
Jones Loren J -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Rantao $818,000
Closed Chen Rantao $864,000
Closed Chen Rantao --
Closed Chen Rantao $864,000
Previous Owner Lakritz Gregg Alan $328,000
Previous Owner Lakritz Gregg A $332,500
Previous Owner Lakritz Gregg A $340,000
Previous Owner Lakritz Gregg Alan $310,000
Previous Owner Lakritz Gregg $310,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2019 06/21/19 Sold $1,440,000 -4.0% $670 / Sq Ft
05/29/2019 05/29/19 Pending -- -- --
04/12/2019 04/12/19 For Sale $1,500,000 -- $698 / 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 $20,794 $1,606,064 $642,425 $963,639
2024 $20,794 $1,574,574 $629,829 $944,745
2023 $20,985 $1,543,701 $617,480 $926,221
2022 $20,846 $1,513,433 $605,373 $908,060
2021 $20,488 $1,483,758 $593,503 $890,255
2020 $18,790 $1,378,000 $551,200 $826,800
2019 $15,789 $1,141,172 $576,969 $564,203
2018 $15,597 $1,118,797 $565,656 $553,141
2017 $15,355 $1,096,861 $554,565 $542,296
2016 $14,338 $1,059,200 $535,000 $524,200
2015 $12,734 $921,100 $465,700 $455,400
2014 $10,577 $815,100 $412,100 $403,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81753484

MLSListings

APN: 237-23-088