NOT LISTED FOR SALE

1127 Phelps Ave San Jose, CA 95117

Castlemont Neighborhood

Estimated Value: $2,428,000 - $2,640,000

4 Beds
3 Baths
2,619 Sq Ft
$983/Sq Ft Est. Value

Last Sold November 17, 2021

Last sale price $1,999,000 $763 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $16,262/month

21 Days on Market

Highlights

  • Formal Dining Room
  • 2 Car Attached Garage
  • Separate Family Room
  • George C. Payne Elementary School Rated A-
  • Forced Air Heating and Cooling System

About This Home

As of November 2021

Great home in the highly desired Eden Neighborhood. Meticulously maintained. Shows Pride of Ownership. Corner lot. New carpet throughout. Fresh interior paint throughout. Large Family Room Addition (done with permits). Two dining areas (formal and family). Downstairs bedroom/office and full bath. Large primary bedroom. Dual pane windows and sliding doors. TWO furnaces - one for each floor. AC serves ground floor only. However, per seller, upstairs landing has a reversible fan to draw upstairs. (Effectiveness unknown). Fireplace hardware does not stay. Bonus storage room in rear (permits unknown) Great Schools - Payne Elementary, Moreland Middle & Prospect High (buyers must verify availability). Refrigerator in garage stays. Whole house filter is leased and is not included as part of the sale.

Last Agent to Sell the Property

Nomita Shahani

Compass License #00941564 Listed on: 10/05/2021

Compass

Last Buyer's Agent

Erin Bourke

Coldwell Banker Realty License #01815530

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $28,126

Year Built

  • 1962

Lot Details

  • 7,227

Parking

  • 2 Car Attached Garage

Home Design

  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,619 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • 7,227 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$28,126

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 2619
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 2619
  • Stories: 2
  • Laundry: Inside
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Wood Shakes / Shingles

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: Campbell Union High
  • Elementary School: George C. Payne Elementary
  • Middle School: Moreland Middle
  • High School: Prospect High
  • High School: 241
  • Elementary School: 158
  • Middle School: 35652

Lot Info

  • Lot Acres: 0.1659
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7225.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7225.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2021
Closed on
Oct 29, 2021
Sold by
Mavrakis Steven and The Mavrakis Living Trust
Bought by
Lennox Shawn Martin and Lennox Laura
Seller's Agent
Nomita Shahani
Compass
Buyer's Agent
Erin Bourke
Coldwell Banker Realty
List Price
$1,888,000
Sold Price
$1,999,000
Premium/Discount to List
$111,000
5.88%
Current Estimated Value
$2,574,240

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,240
Avg. Annual Appreciation
6.84%
Original Mortgage
$1,599,200
Outstanding Balance
$1,468,465
Interest Rate
2.99%
Mortgage Type
New Conventional
Estimated Equity
$1,105,775

Purchase Details

Closed on
May 4, 2001
Sold by
Mavrakis George N and Mavrakis Thelma D
Bought by
Mavrakis George N and Mavrakis Thelma
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
Lennox Shawn Martin $1,999,000 First American Title Company
Mavrakis George N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lennox Shawn Martin $1,599,200
Previous Owner Mavrakis George N $100,000
Previous Owner Mavrakis George N $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2021 11/17/21 Sold $1,999,000 +5.9% $763 / Sq Ft
10/26/2021 10/26/21 Pending -- -- --
10/05/2021 10/05/21 For Sale $1,888,000 -- $721 / 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 $28,126 $2,121,352 $1,590,962 $530,390
2024 $28,126 $2,079,758 $1,559,767 $519,991
2023 $24,626 $1,785,000 $1,338,700 $446,300
2022 $27,354 $1,999,000 $1,499,200 $499,800
2021 $3,212 $133,166 $22,594 $110,572
2020 $1,415 $131,802 $22,363 $109,439
2019 $1,295 $129,219 $21,925 $107,294
2018 $1,257 $126,687 $21,496 $105,191
2017 $1,232 $124,204 $21,075 $103,129
2016 $1,229 $121,769 $20,662 $101,107
2015 $1,115 $119,941 $20,352 $99,589
2014 $731 $117,593 $19,954 $97,639
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Nomita Shahani

    Compass

    Section Image
  • Erin Bourke

    Buyer's Agent in 2021

    Erin Bourke

    Coldwell Banker Realty

    (408) 355-1591

    3 in this area

    36 Total Sales

    Erin Bourke
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81863809

MLSListings

APN: 299-21-064

California Santa Clara County San Jose 95117 Castlemont

1127 Phelps Ave, San Jose, CA

This home is located at 1127 Phelps Ave, San Jose, CA 95117 since 05 October 2021 and is currently estimated at $2,574,240, approximately $982 per square foot. This property was built in 1962. 1127 Phelps Ave is a home located in Santa Clara County with nearby schools including George C. Payne Elementary School, Moreland Middle School, and Prospect High School.

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