NOT LISTED FOR SALE

Estimated Value: $835,000 - $1,104,000

8 Beds
3 Baths
1,241 Sq Ft
$782/Sq Ft Est. Value

Last Sold May 01, 2013

Last sale price $380,000 $306 Per Sq Ft

Est. 155% increase in value since last sale

Current estimated payment $5,863/month

49 Days on Market

About This Home

As of May 2013

The subject property, located at 1244 Mastic Street, is a two story duplex centrally located in downtown San Jose. The asset consists of one four-bedroom/ two-bath unit and one four-bedroom/one-bath unit. Both units have fireplaces and are individually metered for gas and electric. This asset will continue to produce excellent returns for years to come.

Last Agent to Sell the Property

Eric Katz

Marcus & Millichap License #01900078 Listed on: 01/29/2013

Last Buyer's Agent

Paul Middione

The Property Network License #01128390

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1900

Lot Details

  • Zoning described as R2

Parking

  • Uncovered Parking

Home Design

  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,241 Sq Ft Home
  • 2-Story Property
  • Decorative Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Heating System Uses Gas
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 434-09-069

Home Details

Home Type

Single Family

Year Built

Built in 1900

Lot Details

6,403 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Sale Price Per Sq Ft: 306.20
  • Listing Class: Residential
  • Structure Sq Ft: 1241
  • Barclay Horizontal: 40
  • Barclays Page: 55
  • Incorporated: Yes
  • Map Book Page: 854
  • Map Book Page Secondary: 55
  • Map Side Coordinate: 2
  • Map Side Coordinate Secondary: 65
  • Map Top Coordinate: D
  • Map Top Coordinate Secondary: 40
  • Thomas Bros Page: 854
  • Thomas Brothers: D2
  • Year Built: 1900
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Ornamental Only, Yes
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Living Sq Ft: 1241
  • Stories: 2
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 8

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shingle, Composition

Garage/Parking

  • Garage Parking Features: Uncovered Parking

Utilities

  • Heating System: Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Parcel Number: 434-09-069
  • List Price per Sq Ft: 362.61
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6400.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6400.00
  • Lot Size Area Min Search: 6400.00
  • Maximum Lot Size: 6400.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2013
Closed on
Mar 20, 2013
Sold by
Sanchez Karen L and Sanchez Mark A
Bought by
Cerberus Properties Llc
Seller's Agent
Eric Katz
Marcus & Millichap
Buyer's Agent
Paul Middione
The Property Network
List Price
$450,000
Sold Price
$380,000
Premium/Discount to List
-$70,000
-15.56%
Current Estimated Value
$970,160

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$590,160
Avg. Annual Appreciation
7.52%

Purchase Details

Closed on
Oct 9, 2001
Sold by
Sanchez Hallie
Bought by
Sanchez Mark A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
7.45%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cerberus Properties Llc $380,000 Chicago Title Company
Sanchez Karen L -- Chicago Title Company
Sanchez Mark A -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sanchez Mark A $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/01/2013 05/01/13 Sold $380,000 0.0% $306 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
02/28/2013 02/28/13 Off Market $380,000 -- --
01/29/2013 01/29/13 For Sale $450,000 -- $363 / Sq Ft
Source: MLSListings

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 $8,135 $467,929 $327,553 $140,376
2024 $8,135 $458,755 $321,131 $137,624
2023 $7,931 $449,761 $314,835 $134,926
2022 $7,827 $440,943 $308,662 $132,281
2021 $7,570 $432,298 $302,610 $129,688
2020 $7,237 $427,867 $299,508 $128,359
2019 $7,012 $419,479 $293,636 $125,843
2018 $6,897 $411,255 $287,879 $123,376
2017 $6,816 $403,192 $282,235 $120,957
2016 $6,631 $395,287 $276,701 $118,586
2015 $6,584 $389,350 $272,545 $116,805
2014 $5,381 $381,724 $267,207 $114,517
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81302683

MLSListings

APN: 434-09-069

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