NOT LISTED FOR SALE

1040 Cedar Gables Dr Unit 39 San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $526,000 - $659,000

2 Beds
2 Baths
824 Sq Ft
$715/Sq Ft Est. Value

About This Home

This home is located at 1040 Cedar Gables Dr Unit 39, San Jose, CA 95118 and is currently estimated at $588,959, approximately $714 per square foot. 1040 Cedar Gables Dr Unit 39 is a home located in Santa Clara County with nearby schools including Almaden Elementary School, John Muir Middle School, and Pioneer High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2010
Sold by
Newman Michael R and Newman Susan E
Bought by
Newman Michael R and Newman Susan E
Current Estimated Value
$588,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$105,779
Interest Rate
4.93%
Mortgage Type
New Conventional
Estimated Equity
$483,180

Purchase Details

Closed on
Mar 10, 2003
Sold by
Newman Susan E and Newman Michael R
Bought by
Newman Michael R and Newman Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,000
Interest Rate
5.22%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 28, 2001
Sold by
Bates Susan E and Newman Susan E
Bought by
Newman Michael R and Newman Susan E

Purchase Details

Closed on
Oct 7, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Bates Susan E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,350
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 18, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,350
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Newman Michael R -- Chicago Title Company
Newman Michael R -- First American Title Company
Newman Michael R -- --
Bates Susan E $131,500 Fidelity National Title
Federal Home Loan Mortgage Corporation $123,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Newman Michael R $160,000
Closed Newman Michael R $159,000
Closed Bates Susan E $118,350
Source: Public Records

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 $3,148 $220,847 $105,804 $115,043
2024 $3,148 $216,518 $103,730 $112,788
2023 $3,076 $212,274 $101,697 $110,577
2022 $3,068 $208,112 $99,703 $108,409
2021 $3,000 $204,033 $97,749 $106,284
2020 $2,954 $201,942 $96,747 $105,195
2019 $2,900 $197,983 $94,850 $103,133
2018 $2,871 $194,102 $92,991 $101,111
2017 $2,847 $190,297 $91,168 $99,129
2016 $2,728 $186,567 $89,381 $97,186
2015 $2,701 $183,766 $88,039 $95,727
2014 $2,627 $180,167 $86,315 $93,852
Source: Public Records

Map

California Santa Clara County San Jose 95118 Valley View-Reed

1040 Cedar Gables Dr Unit 39, San Jose, CA

This home is located at 1040 Cedar Gables Dr Unit 39, San Jose, CA 95118 and is currently estimated at $588,959, approximately $714 per square foot. 1040 Cedar Gables Dr Unit 39 is a home located in Santa Clara County with nearby schools including Almaden Elementary School, John Muir Middle School, and Pioneer High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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