NOT LISTED FOR SALE

Estimated Value: $896,000 - $1,342,000

4 Beds
3 Baths
1,795 Sq Ft
$652/Sq Ft Est. Value

About This Home

This home is located at 1167 Formosa Ridge Dr, San Jose, CA 95127 and is currently estimated at $1,169,874, approximately $651 per square foot. 1167 Formosa Ridge Dr is a home located in Santa Clara County with nearby schools including Mt. Pleasant High School, Voices College-Bound Language Academy at Mt. Pleasant, and Rocketship Academy Brilliant Minds.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 25, 2021
Sold by
Le Hanson and Lam Leanne
Bought by
Le Hanson and Lam Leanne
Current Estimated Value
$1,169,874

Purchase Details

Closed on
Jan 12, 2018
Sold by
Hanson Lam Leanne A and Hanson Le
Bought by
Hanson Lam Leanne A and Hanson Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,590
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 5, 2018
Sold by
Lam Bruce
Bought by
Hanson Lam Leanne and Hanson Le

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,590
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 1, 2000
Sold by
Leanne Lam
Bought by
Lam Leanne and Lam Bruce

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
7.81%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 12, 1999
Sold by
Le Hoa and Lam Leanne
Bought by
Lam Leanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
7.04%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Le Hoa and Ai Le
Bought by
Le Hoa and Lam Le Ai
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Le Hanson -- None Available
Hanson Lam Leanne A -- Old Republic Title Co
Hanson Lam Leanne $364,000 None Available
Lam Leanne $35,000 --
Lam Leanne -- American Title Co
Le Hoa -- All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Leanne A $499,000
Closed Hanson Lam Leanne A $557,590
Previous Owner Lam Leanne $200,000
Previous Owner Lam Leanne $405,000
Previous Owner Lam Leanne $408,000
Previous Owner Lam Leanne $400,000
Previous Owner Lam Leanne $49,000
Previous Owner Lam Leanne $220,000
Source: Public Records

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 $10,276 $702,852 $379,790 $323,062
2024 $10,276 $689,072 $372,344 $316,728
2023 $9,908 $675,562 $365,044 $310,518
2022 $9,837 $662,317 $357,887 $304,430
2021 $9,890 $649,331 $350,870 $298,461
2020 $9,497 $642,674 $347,273 $295,401
2019 $9,178 $630,073 $340,464 $289,609
2018 $6,007 $385,469 $167,594 $217,875
2017 $5,922 $377,911 $164,308 $213,603
2016 $5,730 $370,502 $161,087 $209,415
2015 $5,722 $364,938 $158,668 $206,270
2014 $5,239 $357,790 $155,560 $202,230
Source: Public Records

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