NOT LISTED FOR SALE

1055 Wallace Dr San Jose, CA 95120

Sunrise Almaden Neighborhood

Estimated Value: $1,453,601 - $1,603,000

3 Beds
2 Baths
1,104 Sq Ft
$1,379/Sq Ft Est. Value

Last Sold February 26, 2014

Last sale price $805,000 $729 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $9,024/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Bathtub with Shower
  • Simonds Elementary School Rated A-
  • Open to Family Room
  • Tile Flooring

About This Home

As of February 2014

TOP ALMADEN SCHOOLS! OUTSTANDING NEIGHBORHOOD! EXCEPIONAL VALUE! LONG LIST OF UPGRADES DONE WITH PERMIT!ALL NEW KITN*NEW SS APPLS*NEW BATHS*NEW RECESSED LIGHTS*NEW PAINT INSIDE/OUT*NEW DP WINDOWS*NEW FRONT DOOR*NEW FLOOR*NEW 6 PANEL INTERIOR DOORS* NEW MIRROR CLOSET DOORS*NEW GUTTERS*NEW LIGHT FIXTURES*NEW GARBAGE DISPOSAL*AC*NEW SPRINKS/PROFESLLY LANDSCAPED*2CAR GARAGE, and much more!

Last Agent to Sell the Property

Alice Chakhmazova

Coldwell Banker Realty License #01419568 Listed on: 01/06/2014

Coldwell Banker Realty

Last Buyer's Agent

Smitha Aiyar

Coldwell Banker Realty License #01892410

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,689

Year Built

  • Built in 1962

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1-8

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,104 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Dual Flush Toilets
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 696-21-019

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,689

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Sale Price Per Sq Ft: 729.17
  • Listing Class: Residential
  • Structure Sq Ft: 1104
  • Incorporated: Yes
  • Map Book Page: 874
  • Map Side Coordinate: 7
  • Map Top Coordinate: E
  • Thomas Bros Page: 874
  • Thomas Brothers: E7
  • Year Built: 1962
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 1104
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Tile, Laminate
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower, Dual Flush Toilet

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 696-21-019
  • List Price per Sq Ft: 723.73
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6098.00
  • Lot Size Area Min Search: 6098.00
  • Maximum Lot Size: 6098.00
  • Map Book: Thomas Bros

Multi Family

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

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 15, 2024
Sold by
Kosaraju Family Revocable Trust and Kosaraju Chakravarthy Srinivas
Bought by
Kosaraju Family Revocable Trust and Kosaraju
Current Estimated Value
$1,522,150

Purchase Details

Closed on
Dec 9, 2016
Sold by
Kosaraju Chakravarthy Srinivas and Kosaraju Sushma
Bought by
Kosaraju Chakravarthy Srinivas and Kosaraju Sushma

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 14, 2014
Sold by
Kalmars Llc
Bought by
Kosaraju Chakravarthy Srinivas and Kosaraju Sushma
Seller's Agent
Alice Chakhmazova
Coldwell Banker Realty
Buyer's Agent
Smitha Aiyar
Coldwell Banker Realty
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$603,750
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 14, 2013
Closed on
Aug 21, 2013
Sold by
Zaslawsky Elaine G
Bought by
Kalmars Llc
Seller's Agent
Amy Ericksen
Compass
Buyer's Agent
Alice Chakhmazova
Coldwell Banker Realty
List Price
$550,000
Sold Price
$670,000
Premium/Discount to List
$120,000
21.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
45.44%
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
Kosaraju Family Revocable Trust -- None Listed On Document
Kosaraju Chakravarthy Srinivas -- Cornerstone Title Company
Kosaraju Chakravarthy Srinivas $805,000 Cornerstone Title Company
Kalmars Llc $670,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kosaraju Chakravarthy Srinivas $603,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/26/2014 02/26/14 Sold $805,000 +0.8% $729 / Sq Ft
02/04/2014 02/04/14 Pending -- -- --
01/30/2014 01/30/14 For Sale $799,000 0.0% $724 / Sq Ft
01/21/2014 01/21/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $799,000 +19.3% $724 / Sq Ft
08/30/2013 08/30/13 Sold $670,000 +21.8% $607 / Sq Ft View Prior Sale
08/25/2013 08/25/13 Pending -- -- --
08/14/2013 08/14/13 For Sale $550,000 -- $498 / 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 $12,689 $986,810 $740,049 $246,761
2024 $12,689 $967,462 $725,539 $241,923
2023 $12,448 $948,493 $711,313 $237,180
2022 $12,342 $929,896 $697,366 $232,530
2021 $12,091 $911,664 $683,693 $227,971
2020 $11,820 $902,317 $676,683 $225,634
2019 $11,569 $884,625 $663,415 $221,210
2018 $11,456 $867,280 $650,407 $216,873
2017 $11,365 $850,275 $637,654 $212,621
2016 $11,175 $833,603 $625,151 $208,452
2015 $11,103 $821,082 $615,761 $205,321
2014 $8,963 $670,000 $502,500 $167,500
Source: Public Records

Agents Affiliated with this Home

  • Alice Chakhmazova

    Seller's Agent in 2014

    Alice Chakhmazova

    Coldwell Banker Realty

    (408) 605-1510

    34 Total Sales

    Alice Chakhmazova
    Section Image

  • S

    Buyer's Agent in 2014

    Smitha Aiyar

    Coldwell Banker Realty

    Section Image

  • A

    Seller's Agent in 2013

    Amy Ericksen

    Compass

See All Agents

Map

Source: MLSListings

MLS Number: ML81400363

MLSListings

APN: 696-21-019

California Santa Clara County San Jose 95120 Sunrise Almaden

1055 Wallace Dr, San Jose, CA

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