NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,098,000

3 Beds
2.5 Baths
1,675 Sq Ft
$596/Sq Ft Est. Value

Last Sold December 08, 2016

Last sale price $725,000 $433 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,420/month

75 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Gas Fireplace
  • 3-minute walk to Parque De Los Pobladores
  • Dining Room

About This Home

As of December 2016

Price Reduction and Motivated Seller! Beautifully appointed, almost new town home in prime downtown San Jose location! Located in the SoFa district known for visual arts and entertainment, 108 Balbach St. #8 boasts a generous 1680 sq ft of living space, plus 2 car secured access parking and private outdoor space for entertaining. The first floor has an open concept living space, modern kitchen with stainless steel appliances, granite counter tops and backsplash, an abundance of cabinets as well as powder room and large storage closet. On the second floor you will find two large bedrooms and a full bath. The entire third floor is reserved for what is truly a master suite, with ample space for seating area, windows on two sides, large closet and bathroom with separate shower and tub.

Last Agent to Sell the Property

Lisa Lyons

Coldwell Banker Realty License #01501433 Listed on: 08/24/2016

Last Buyer's Agent

Michael Ramos

Reside Real Estate License #01766367

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,129

Year Built

  • Built in 2007

Lot Details

  • 1,220

Parking

  • 2 Car Garage
  • Garage Door Opener

Interior Spaces

  • 1,675 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 1,220 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - exterior, management fee, reserves, roof
  • Property Pro Ltd Association
  • Built by emerald city

Listing and Financial Details

  • Assessor Parcel Number 264-70-003

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,129

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Restrictions
  • Age: 9
  • Listing Class: Residential
  • Structure Sq Ft: 1675
  • Complex Name: emerald city
  • Year Built: 2007
  • Zoning Description: C3
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1675
  • Stories: 3
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Covered Parking, Gate / Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 344
  • Association Fees Include: Insurance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof
  • H O A Name Text: Property Pro Ltd
  • H O A Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 264-70-003
  • Lot Acres: 0.0280
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1232.75
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1232.75

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2016
Closed on
Nov 16, 2016
Sold by
Wood Thomas S
Bought by
Alvarez Jesus and Petre Catrinel
Seller's Agent
Lisa Lyons
Coldwell Banker Realty
Buyer's Agent
Michael Ramos
Reside Real Estate
List Price
$725,000
Sold Price
$725,000
Total Days on Market
75
Current Estimated Value
$998,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$273,177
Avg. Annual Appreciation
3.82%
Original Mortgage
$72,400
Interest Rate
3.47%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 23, 2010
Sold by
Balbach Llc
Bought by
Wood Thomas S

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
5.03%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Alvarez Jesus $725,000 First American Title Company
Wood Thomas S $441,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Jesus $530,900
Closed Alvarez Jesus $72,400
Closed Alvarez Jesus $580,000
Previous Owner Wood Thomas S $122,900
Previous Owner Wood Thomas S $345,000
Previous Owner Wood Thomas S $340,000
Previous Owner Balbach Llc $1,439,840
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2016 12/08/16 Sold $725,000 0.0% $433 / Sq Ft
11/08/2016 11/08/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $725,000 0.0% $433 / Sq Ft
10/20/2016 10/20/16 Off Market $725,000 -- --
10/13/2016 10/13/16 Price Changed $725,000 -3.2% $433 / Sq Ft
10/03/2016 10/03/16 Price Changed $749,000 -3.4% $447 / Sq Ft
08/24/2016 08/24/16 For Sale $775,000 -- $463 / 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
2024 $10,129 $824,920 $412,460 $412,460
2023 $9,954 $808,746 $404,373 $404,373
2022 $9,887 $792,890 $396,445 $396,445
2021 $9,721 $777,344 $388,672 $388,672
2020 $9,557 $769,374 $384,687 $384,687
2019 $9,381 $754,290 $377,145 $377,145
2018 $9,305 $739,500 $369,750 $369,750
2017 $9,240 $725,000 $362,500 $362,500
2016 $6,211 $480,865 $360,596 $120,269
2015 $6,167 $473,643 $355,180 $118,463
2014 $6,072 $464,366 $348,223 $116,143
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81601450

MLSListings

APN: 264-70-003