NOT LISTED FOR SALE

1245 Magnolia Ave San Jose, CA 95126

Shasta Hanchett Park Neighborhood

Estimated Value: $1,665,443 - $1,981,000

3 Beds
2 Baths
1,861 Sq Ft
$997/Sq Ft Est. Value

Last Sold August 11, 2014

Last sale price $950,000 $510 Per Sq Ft

Est. 95% increase in value since last sale

Current estimated payment $11,086/month

19 Days on Market

Highlights

  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Bonus Room
  • Wood Flooring
  • Victorian Architecture
  • High Ceiling

About This Home

As of August 2014

Fabulous ROSE GARDEN LOCATION! Fully remodeled Victorian with grand master suite, spa like bathroom and walk in closet, plus bonus room perfect for office or family room, hardwood floors, remodeled kitchen has gas range and stainless steel appliances, relaxing deck with sun sails and hot tub, walk to restaurants, Cal train and SAP center, walk to new whole foods, fruit trees & new copper plumbing

Last Agent to Sell the Property

Liz Williams

Compass License #01489638 Listed on: 05/14/2014

Compass

Last Buyer's Agent

Minhua Jin

Intero Real Estate Services License #01246488

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,351

Year Built

  • Built in 1900

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Zoning described as R1-8

Parking

  • 1 Car Detached Garage

Home Design

  • Victorian Architecture
  • Ceiling Insulation
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,861 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Window Treatments
  • Garden Windows
  • Formal Dining Room
  • Den
  • Bonus Room
  • Storage Room
  • Neighborhood Views
  • Partial Basement
  • Security System Leased

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Sunken Shower or Bathtub
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Additional Features

  • Energy-Efficient Insulation
  • Covered Patio or Porch

Listing and Financial Details

  • Assessor Parcel Number 261-20-050

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,351

Year Built

Built in 1900

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Victorian
  • Age: 114
  • Sale Price Per Sq Ft: 510.48
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 1861
  • Incorporated: Yes
  • Map Book Page: 833
  • Map Side Coordinate: 6
  • Map Top Coordinate: H
  • Thomas Bros Page: 833
  • Thomas Brothers: H6
  • Year Built: 1900
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Formal Dining Room, Dining Area in Living Room, Breakfast Nook, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven - Self Cleaning, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 1861
  • Stories: 2
  • Security: Security Alarm - Leased
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Wood
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Basement - Partial, Storage
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower, Sunken Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s)/Deck(s) - Covered, Sprinkler(s) - Front, Sprinkler(s) - Rear, Fenced
  • Exterior: Wood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Garden Window, High Ceiling

Schools

  • School District: San Jose Unified
  • Elementary School: Merritt Trace Elementary
  • Middle School: Herbert Hoover Middle
  • High School: Abraham Lincoln High
  • High School: 347
  • Elementary School: 381
  • Middle School: 340

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 261-20-050
  • List Price per Sq Ft: 523.91
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5240.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5240.00
  • Lot Size Area Min Search: 5240.00
  • Maximum Lot Size: 5240.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Ceiling Insulation, Insulation - Per Owner, Low Flow Toilet, Double Pane Windows, Skylight

Multi Family

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

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Merritt Trace Elementary
  • High School Text: Abraham Lincoln High
  • Middle School Text: Herbert Hoover Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2014
Closed on
Jul 9, 2014
Sold by
Weatherbee Joseph and Weatherbee Nicole
Bought by
Yuan Xin and Lu Nell Jun
Seller's Agent
Liz Williams
Compass
Buyer's Agent
Minhua Jin
Intero Real Estate Services
List Price
$998,000
Sold Price
$950,000
Premium/Discount to List
-$48,000
-4.81%
Current Estimated Value
$1,856,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$906,111
Avg. Annual Appreciation
6.00%
Original Mortgage
$625,500
Interest Rate
4.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2013
Sold by
Weatherbee Joseph and Weatherbee Nicole
Bought by
Weatherbee Joseph and Weatherbee Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
4.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 18, 2011
Sold by
Weatherbee Joseph and Stanitsas Nicole
Bought by
Weatherbee Joseph and Stanitsas Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$665,590
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 15, 2009
Sold by
Weatherbee Joseph and Weatherbee Nicole
Bought by
Weatherbee Joseph and Weatherbee Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$681,210
Interest Rate
5.02%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 2, 2008
Sold by
Martinez Lucille
Bought by
Weatherbee Joseph and Stanitsas Nicole

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,143
Interest Rate
6.51%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 6, 2006
Sold by
Andress Sheryl and Andress Scott
Bought by
Martinez Lucille

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.66%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 21, 2005
Sold by
Warmke Richard E and Debenedetti Celia
Bought by
Andress Scott and Andress Sheryl

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2001
Sold by
Warmke Rich and Debenedetti Celia
Bought by
Warmke Richard E and Debenedetti Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Interest Rate
6.62%

Purchase Details

Closed on
Feb 26, 2001
Sold by
Sheehan Edward Shon and Watson Mark Alvin
Bought by
Warmke Rich and Debenedetti Celia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.37%

Purchase Details

Closed on
Mar 14, 1994
Sold by
Buck Wanda Jane
Bought by
Sheehan Edward Shon and Watson Mark Alvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
7.21%
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
Yuan Xin $950,000 Chicago Title Company
Weatherbee Joseph -- Fidelity National Title Co
Weatherbee Joseph -- Fidelity National Title Co
Weatherbee Joseph -- North American Title Company
Weatherbee Joseph $680,000 Old Republic Title Company
Martinez Lucille $875,000 Stewart Title Of Ca Inc
Andress Scott $825,000 Old Republic Title Company
Warmke Richard E -- Fidelity National Title Co
Warmke Rich $800,000 Fidelity National Title Co
Sheehan Edward Shon $210,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuan Xin $497,000
Closed Yuan Xin $497,000
Closed Yuan Xin $625,500
Previous Owner Weatherbee Joseph $70,000
Previous Owner Weatherbee Joseph $625,500
Previous Owner Weatherbee Joseph $663,758
Previous Owner Weatherbee Joseph $665,590
Previous Owner Weatherbee Joseph $681,210
Previous Owner Weatherbee Joseph $671,143
Previous Owner Martinez Lucille $175,000
Previous Owner Martinez Lucille $700,000
Previous Owner Andress Scott $600,000
Previous Owner Warmke Richard E $622,750
Previous Owner Warmke Richard E $624,000
Previous Owner Warmke Rich $640,000
Previous Owner Sheehan Edward Shon $50,000
Previous Owner Sheehan Edward Shon $90,000
Previous Owner Sheehan Edward Shon $214,600
Previous Owner Sheehan Edward Shon $60,000
Previous Owner Sheehan Edward Shon $189,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2014 08/13/14 Off Market $950,000 -- --
08/11/2014 08/11/14 Sold $950,000 -2.6% $510 / Sq Ft
06/28/2014 06/28/14 Pending -- -- --
06/17/2014 06/17/14 Price Changed $975,000 -2.3% $524 / Sq Ft
06/09/2014 06/09/14 For Sale $998,000 -- $536 / 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 $14,351 $1,141,746 $856,313 $285,433
2024 $14,351 $1,119,360 $839,523 $279,837
2023 $14,085 $1,097,412 $823,062 $274,350
2022 $13,963 $1,075,895 $806,924 $268,971
2021 $13,687 $1,054,800 $791,102 $263,698
2020 $13,387 $1,043,986 $782,991 $260,995
2019 $13,106 $1,023,517 $767,639 $255,878
2018 $12,980 $1,003,449 $752,588 $250,861
2017 $12,878 $983,775 $737,832 $245,943
2016 $12,677 $964,486 $723,365 $241,121
2015 $12,981 $950,000 $712,500 $237,500
2014 $9,514 $714,333 $535,751 $178,582
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2014

    Liz Williams

    Compass

    Section Image

  • M

    Buyer's Agent in 2014

    Minhua Jin

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81420410

MLSListings

APN: 261-20-050

California Santa Clara County San Jose 95126 Shasta Hanchett Park

1245 Magnolia Ave, San Jose, CA

This home is located at 1245 Magnolia Ave, San Jose, CA 95126 since 14 May 2014 and is currently estimated at $1,856,111, approximately $997 per square foot. This property was built in 1900. 1245 Magnolia Ave is a home located in Santa Clara County with nearby schools including Merritt Trace Elementary, Herbert Hoover Middle School, and Abraham Lincoln High.

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