NOT LISTED FOR SALE

1088 Cedar Gables Dr Unit 17 San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $563,000 - $714,000

2 Beds
2 Baths
824 Sq Ft
436 Sq Ft Lot

Last Sold September 04, 2014

Last sale price $400,000 $485 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,712/month

15 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Bathtub
  • Pioneer High School Rated A-
  • Garden View
  • Tile Flooring

About This Home

As of September 2014

Terrific starter home conveniently located. Nicely appointed with new interior paint, bathrooms update with newer counter tops, tile floors, new toilet and fixtures and recent tub/tile glazing. Laminate flooring throughout and new carpet in master. New Dining ceiling fan. Front and rear patios and storage area. Refrigerator and inside staked washer and dryer included.

Last Agent to Sell the Property

Mark Elices

Corcoran Icon Properties License #00971330 Listed on: 07/23/2014

Last Buyer's Agent

Betty Leung

Intero Real Estate Services License #01457867

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,071

Year Built

  • Built in 1985

Lot Details

  • 436

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 824 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Garden Views

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Guest Parking

Utilities

  • Forced Air Heating System
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, roof, common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, insurance - liability
  • 68 Units
  • Community Mgmt Association

Listing and Financial Details

  • Assessor Parcel Number 569-56-028

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,071

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 29
  • Sale Price Per Sq Ft: 485.44
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Complex: 68
  • Min Numberof Unitsin Complex: 68
  • Structure Sq Ft: 824
  • Incorporated: Yes
  • Map Book Page: 874
  • Map Side Coordinate: 2
  • Map Top Coordinate: C
  • Thomas Bros Page: 874
  • Thomas Brothers: C2
  • Year Built: 1985
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining "L", No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 824
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Laminate, Carpet - Wall to Wall
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • View: Garden / Greenbelt

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 334
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: Community Mgmt
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Balcony/Patio

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 569-56-028
  • List Price per Sq Ft: 470.27
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • 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
Aug 8, 2015
Sold by
Mandaleeka Lakshminarayana and Mandaleeka Lakshmi
Bought by
The Lakshminarayana & Lakshmi Mandaleeka
Current Estimated Value
$585,566

Purchase Details

Listed on
Jul 23, 2014
Closed on
Aug 20, 2014
Sold by
Houde Joshua
Bought by
Mandaleeka Lakshminarayana and Mandaleeka Lakshmi
Seller's Agent
Mark Elices
Corcoran Icon Properties
Buyer's Agent
Betty Leung
Intero Real Estate Services
List Price
$387,500
Sold Price
$400,000
Premium/Discount to List
$12,500
3.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.87%
Original Mortgage
$300,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 15, 2004
Sold by
Vasquez Abram R and Vasquez Kristy D
Bought by
Houde Joshua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2001
Sold by
Hansen Mary
Bought by
Hansen George Guy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2001
Sold by
Hansen George Guy
Bought by
Vasquez Abram R and Vasquez Kristy D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,000
Interest Rate
7.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 1994
Sold by
Hansen Rockney R and Hansen Glenda E
Bought by
Hansen George Guy
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
The Lakshminarayana & Lakshmi Mandaleeka -- None Available
Mandaleeka Lakshminarayana -- None Available
Mandaleeka Lakshminarayana $400,000 Chicago Title Company
Houde Joshua $349,000 Old Republic Title Company
Hansen George Guy -- Alliance Title Company
Vasquez Abram R $280,000 Alliance Title Company
Hansen George Guy -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mandaleeka Lakshminarayana $266,000
Closed Mandaleeka Lakshminarayana $300,000
Previous Owner Houde Joshua $34,000
Previous Owner Houde Joshua $320,000
Previous Owner Houde Joshua $279,200
Previous Owner Vasquez Abram R $30,000
Previous Owner Vasquez Abram R $240,000
Previous Owner Vasquez Abram R $266,000
Closed Houde Joshua $69,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/04/2014 09/04/14 Sold $400,000 +3.2% $485 / Sq Ft
08/07/2014 08/07/14 Pending -- -- --
07/23/2014 07/23/14 For Sale $387,500 -- $470 / 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 $6,071 $471,308 $235,654 $235,654
2023 $5,957 $462,068 $231,034 $231,034
2022 $5,924 $453,008 $226,504 $226,504
2021 $5,815 $444,126 $222,063 $222,063
2020 $5,719 $439,574 $219,787 $219,787
2019 $5,614 $430,956 $215,478 $215,478
2018 $5,566 $422,506 $211,253 $211,253
2017 $5,524 $414,222 $207,111 $207,111
2016 $5,389 $406,100 $203,050 $203,050
2015 $5,350 $400,000 $200,000 $200,000
2014 $5,048 $375,000 $206,200 $168,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81426592

MLSListings

APN: 569-56-028