NOT LISTED FOR SALE

1198 Palm St San Jose, CA 95110

Tamien Neighborhood

Estimated Value: $1,074,000 - $1,313,000

2 Beds
1 Bath
830 Sq Ft
$1,404/Sq Ft Est. Value

Last Sold May 01, 2019

Last sale price $550,000 $663 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $7,383/month

14 Days on Market

Highlights

  • Wood Flooring
  • 3-minute walk to Tamien
  • Floor Furnace
  • Breakfast Area or Nook
  • Tile Countertops
  • 4-minute walk to Tamien Park

About This Home

As of May 2019

Looking for a Diamond in the Rough in the Capital of Silicon Valley! This property is in the heart of San Jose, close to Downtown San Jose major attractions, Airport, Willow Glen, and close to all major High Tech Jobs, Upcoming Google Village, Light Rail Station, Amtrak, HWY 85/87/280. This is a corner lot, with a 2 bedroom, 1 bath home, and basement, kitchen has tile counter-top, hardwood flooring, and huge backyard. This fixer-upper is a must see inside!

Last Agent to Sell the Property

Steve Nevarez

Intero Real Estate Services License #01399295 Listed on: 04/02/2019

Intero Real Estate Services

Co-Listed By

Sonia Nevarez

Intero Real Estate Services License #01499752

Last Buyer's Agent

Steve Nevarez

Intero Real Estate Services License #01399295 Listed on: 04/02/2019

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,547

Year Built

  • Built in 1925

Lot Details

  • 4,051 Sq Ft Lot
  • Zoning described as R2

Parking

  • No Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 830 Sq Ft Home
  • 1-Story Property

Kitchen

  • Breakfast Area or Nook
  • Tile Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Floor Furnace

Listing and Financial Details

  • Assessor Parcel Number 434-05-034

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,547

Year Built

Built in 1925

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 94
  • Listing Class: Residential
  • Structure Sq Ft: 830
  • Year Built: 1925
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Tile
  • Living Sq Ft: 830
  • Stories: 1
  • Flooring: Hardwood, Laminate
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

  • Heating System: Floor Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 434-05-034
  • Lot Acres: 0.0930
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4050.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 6, 2020
Sold by
Sutandar Cindy
Bought by
Liu Mingkuan and Wang Yingying
Current Estimated Value
$1,165,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2019
Closed on
Apr 29, 2019
Sold by
Aguilar Lucina A
Bought by
Sutandar Cindy
Seller's Agent
Steve Nevarez
Intero Real Estate Services
Buyer's Agent
Steve Nevarez
Intero Real Estate Services
List Price
$599,000
Sold Price
$550,000
Premium/Discount to List
-$49,000
-8.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%
Original Mortgage
$440,000
Interest Rate
4.2%
Mortgage Type
Commercial
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
Liu Mingkuan $900,000 Fidelity National Title Co
Sutandar Cindy $550,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Mingkuan $772,500
Closed Liu Mingkuan $525,000
Previous Owner Sutandar Cindy $740,000
Previous Owner Sutandar Cindy $440,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2019 05/01/19 Sold $550,000 -8.2% $663 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/02/2019 04/02/19 For Sale $599,000 -- $722 / 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 $12,547 $974,186 $757,701 $216,485
2024 $12,547 $955,086 $742,845 $212,241
2023 $12,308 $936,360 $728,280 $208,080
2022 $12,203 $918,000 $714,000 $204,000
2021 $11,955 $900,000 $700,000 $200,000
2020 $9,237 $687,360 $510,000 $177,360
2019 $1,570 $33,287 $14,055 $19,232
2018 $1,528 $32,635 $13,780 $18,855
2017 $1,498 $31,996 $13,510 $18,486
2016 $1,366 $31,370 $13,246 $18,124
2015 $1,339 $30,900 $13,048 $17,852
2014 $928 $30,296 $12,793 $17,503
Source: Public Records

Agents Affiliated with this Home

  • Steve Nevarez

    Seller's Agent in 2019

    Steve Nevarez

    Intero Real Estate Services

    (408) 858-1348

    1 in this area

    69 Total Sales

    Steve Nevarez
    Section Image

  • S

    Seller Co-Listing Agent in 2019

    Sonia Nevarez

    Intero Real Estate Services

    (408) 802-5702

    35 Total Sales

    Sonia Nevarez
    Section Image
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Map

Source: MLSListings

MLS Number: ML81745212

MLSListings

APN: 434-05-034

California Santa Clara County San Jose 95110 Tamien

1198 Palm St, San Jose, CA

This home is located at 1198 Palm St, San Jose, CA 95110 since 02 April 2019 and is currently estimated at $1,165,263, approximately $1,403 per square foot. This property was built in 1925. 1198 Palm St is a home located in Santa Clara County with nearby schools including Washington Elementary School, Willow Glen Middle, and Willow Glen High School.

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