NOT LISTED FOR SALE

1061 Summerain Ct San Jose, CA 95122

Yerba Buena Neighborhood

Estimated Value: $523,000 - $603,000

2 Beds
2 Baths
961 Sq Ft
436 Sq Ft Lot Lot

Sale Details

Date Sold: October 1, 2021

Last sale price $550,000 $572 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,658 / mo

4 Days on Market

Highlights

  • Rooftop Deck
  • Sauna
  • Tennis Courts
  • Gated Community
  • Community Pool
  • Open to Family Room

About This Home

As of October 2021

Gated community, just outside of downtown San Jose. This beautiful, top floor unit features vaulted ceilings in both the master bedroom and living areas. Lots of natural light fills the space and makes this home such a wonderful escape at the end of a long day, Your private balcony off of the dining area overlooks a gorgeous water feature which helps you escape the hustle and bustle of city life. Working from home? This unit does offer 2 bedrooms and 2 bathrooms, with plenty of room for guests or visiting family. The community itself has so much to offer, with tennis courts, swimming pools, and offers cable and WIFI! You will instantly feel at home right away. With 2 assigned parking spots, in-unit laundry and updates throughout, this home will not last long!

Last Agent to Sell the Property

Caroline Hobbs

Reward Realty License #01901869 Listed on: 09/16/2021

Co-Listed By

Maxwell Dukelow

Reward Realty License #02113278

Last Buyer's Agent

Steve Goldstein

1 Team Realtors License #01369798

Property Details

Home Type

  • Condominium

Year Built

  • 1992

Lot Details

  • 436

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 961 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include cable / dish, common area electricity, common area gas, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, recreation facility, reserves, roof, water / sewer
  • 128 Units
  • Waterside Owners Association
  • Car Wash Area

Amenities

  • Rooftop Deck
  • Sauna

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

1992

Lot Details

436 Sq Ft Lot

Listing Details

  • Zoning: R3A
  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Min Numberof Unitsin Complex: 128
  • Structure Sq Ft: 961
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1992

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Log
  • Dining Room: Breakfast Bar, Dining Area, Dining Area In Family Room
  • Fireplace: Yes
  • Living Sq Ft: 961
  • Stories: 1
  • Laundry: Washer / Dryer
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • Complex Name: Waterside Owners Association
  • HOA Fees: 469
  • HOA Amenities: Car Wash Area, Community Pool, Community Security Gate, Roof Deck, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • Association Fees Include: Cable / Dish, Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Waterside Owners Association

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Sep 23, 2021
Sold by
Goldstein Steve
Bought by
Goldstein Marina
Seller's Agent
Caroline Hobbs
Reward Realty
Buyer's Agent
Steve Goldstein
1 Team Realtors
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%
Current Estimated Value
$570,757

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$20,757
Avg. Annual Appreciation
0.82%

Purchase Details

Closed on
Feb 7, 2020
Sold by
Ginwala Aliasgar
Bought by
Ginwala Aliasgar and Singaporewala Sara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
3.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2016
Sold by
Vanluong Nhon and Tran Nikki Thuanh
Bought by
Ginwala Aliasgar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,557
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 4, 2015
Sold by
Tran Van Thuy
Bought by
Vanvanluong Nhon Van and Tran Nikki Thuanh

Purchase Details

Closed on
Apr 30, 2015
Sold by
Nguyen Hanh Uyen T and Tran Van Thuy
Bought by
Tran Van Thuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Listed on
May 5, 2012
Closed on
Jul 1, 2013
Sold by
Tran Quang Ngoc
Bought by
Tran Van Thuy
Seller's Agent
Pauline Hoang
Intero Real Estate Services
Buyer's Agent
Sally Nguyen
Intero Real Estate Services
List Price
$169,999
Sold Price
$135,000
Premium/Discount to List
-$34,999
-20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.79%
Original Mortgage
$94,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2012
Closed on
May 9, 2013
Sold by
Tran Vinh N
Bought by
Nguyen Hanh Uyen T
Seller's Agent
Pauline Hoang
Intero Real Estate Services
Buyer's Agent
Sally Nguyen
Intero Real Estate Services
List Price
$169,999
Sold Price
$135,000
Premium/Discount to List
-$34,999
-20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2012
Closed on
May 8, 2013
Sold by
Tran Minh Ngoc
Bought by
Nguyen Hang Uyen T
Seller's Agent
Pauline Hoang
Intero Real Estate Services
Buyer's Agent
Sally Nguyen
Intero Real Estate Services
List Price
$169,999
Sold Price
$135,000
Premium/Discount to List
-$34,999
-20.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,500
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2004
Sold by
Tabarez Julia I
Bought by
Tran Vinh N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2004
Sold by
Tobin Philip M and Tobin Rose Ann
Bought by
Tabarez Julia I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
5.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 14, 2000
Sold by
Salazar Stanley J
Bought by
Tobin Philip M and Tobin Rose Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,600
Interest Rate
8.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Goldstein Marina -- Cornerstone Title Company
Goldstein Marina $537,500 Cornerstone Title Company
Ginwala Aliasgar -- Ticor Title
Ginwala Aliasgar $424,000 Fidelity National Title Co
Vanvanluong Nhon Van $352,500 North American Title Inc
Tran Van Thuy $120,000 North American Title Co Inc
Tran Van Thuy -- None Available
Nguyen Hanh Uyen T -- None Available
Nguyen Hanh Uyen T $135,000 Old Republic Title Company
Nguyen Hang Uyen T -- Old Republic Title Company
Tran Vinh N $290,000 Chicago Title
Tabarez Julia I -- Chicago Title
Tobin Philip M $232,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ginwala Aliasgar $275,000
Previous Owner Ginwala Aliasgar $381,557
Previous Owner Tran Van Thuy $240,000
Previous Owner Nguyen Hanh Uyen T $94,500
Previous Owner Tran Vinh N $232,000
Previous Owner Tobin Philip M $185,600
Closed Tran Vinh N $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/01/2021 10/01/21 Sold $550,000 +10.2% $572 / Sq Ft
09/21/2021 09/21/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $499,000 +269.6% $519 / Sq Ft
05/15/2013 05/15/13 Sold $135,000 -16.4% $140 / Sq Ft View Prior Sale
12/17/2012 12/17/12 Price Changed $161,500 +8.7% $168 / Sq Ft
08/14/2012 08/14/12 Price Changed $148,600 -8.0% $155 / Sq Ft
07/23/2012 07/23/12 Price Changed $161,500 -5.0% $168 / Sq Ft
05/13/2012 05/13/12 Pending -- -- --
05/05/2012 05/05/12 For Sale $169,999 -- $177 / Sq Ft
Source: MLSListings

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 $7,832 $570,133 $285,040 $285,093
2024 $7,832 $558,954 $279,451 $279,503
2023 $7,757 $547,995 $273,972 $274,023
2022 $7,596 $537,250 $268,600 $268,650
2021 $6,692 $463,702 $231,851 $231,851
2020 $6,523 $458,948 $229,474 $229,474
2019 $6,343 $449,950 $224,975 $224,975
2018 $6,358 $441,128 $220,564 $220,564
2017 $6,283 $432,480 $216,240 $216,240
2016 $5,660 $400,000 $200,000 $200,000
2015 $3,809 $258,018 $129,009 $129,009
2014 $3,707 $252,964 $126,482 $126,482
Source: Public Records

Agents Affiliated with this Home

  • Caroline Hobbs

    Seller's Agent in 2021

    Caroline Hobbs

    Reward Realty

    (650) 440-0050

    1 in this area

    62 Total Sales

    Caroline Hobbs
    Section Image

  • M

    Seller Co-Listing Agent in 2021

    Maxwell Dukelow

    Reward Realty

    Section Image

  • S

    Buyer's Agent in 2021

    Steve Goldstein

    1 Team Realtors

    Section Image

  • P

    Seller's Agent in 2013

    Pauline Hoang

    Intero Real Estate Services

    Section Image

  • S

    Buyer's Agent in 2013

    Sally Nguyen

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81862932

MLSListings

APN: 477-69-283

California Santa Clara County San Jose 95122 Yerba Buena

1061 Summerain Ct, San Jose, CA

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