NOT LISTED FOR SALE

1246 Formosa Dr San Jose, CA 95131

Carmine-Parkmont Neighborhood

Estimated Value: $1,233,000 - $1,420,000

3 Beds
2.5 Baths
1,719 Sq Ft
$778/Sq Ft Est. Value

Last Sold October 04, 2014

Last sale price $690,000 $401 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $8,071/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Community Pool
  • Eat-In Kitchen
  • Independence High School Rated A-
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of October 2014

DESIRABLE MURPHY VILLA COMPLEX~IMMACULATE CONDITION TOWNHOUSE WITH ALL THE GOOD SIZE SPACE,PRIVACY, COMFORT & CONVENIENCE~FRESH NEW INTERIOR PAINTING THROUGHOUT~ WOOD LAMINATE FLR ON GROUND LEVEL~ BRAND NEW A/C UNIT~ CHEF'S KITCHEN W/ BRAND NEW DISHWASHER & RECESS LIGHTS~ LIVING ROOM W/ HIGH CEILINGS~ ELEGANT NEW CHANDELIER~ REMODELED MASTER BATH~ BEAUTIFUL WATER GARDEN & TRELLIS IN PATIO~MUST SEE

Last Agent to Sell the Property

Frank Liu

RE/MAX Gold License #00991680 Listed on: 08/28/2014

Last Buyer's Agent

Frank Liu

RE/MAX Gold License #00991680

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,388

Year Built

  • Built in 1993

Lot Details

  • 2,570

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,719 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Open Floorplan
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 241-40-020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, roof, common area electricity, exterior painting, insurance - common area
  • Cjm Association Services Association

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,388

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 21
  • Sale Price Per Sq Ft: 401.40
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1719
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 7
  • Map Top Coordinate: B
  • Thomas Bros Page: 814
  • Thomas Brothers: B7
  • Year Built: 1993
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Yes, Wood Burning, Gas Starter
  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Eat in Kitchen
  • Living Sq Ft: 1719
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Tile, Laminate
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 209
  • HOA Amenities: Community Pool
  • Association Fees Include: Landscaping / Gardening, Management Fee, Roof, Common Area Electricity, Exterior Painting, Insurance - Common Area
  • H O A Name Text: CJM Association Services
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 241-40-020
  • List Price per Sq Ft: 378.13
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2614.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2614.00
  • Lot Size Area Min Search: 2614.00
  • Maximum Lot Size: 2614.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 31, 2015
Sold by
Liu Peichun and Liu Peipei
Bought by
Liu Peichun and Liu Peipei
Current Estimated Value
$1,336,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 28, 2014
Closed on
Oct 2, 2014
Sold by
Zhu Cheng and Wang Jiajia
Bought by
Liu Peichun Peter and Liu Peipei
Seller's Agent
Frank Liu
RE/MAX Gold
Buyer's Agent
Frank Liu
RE/MAX Gold
List Price
$650,000
Sold Price
$690,000
Premium/Discount to List
$40,000
6.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.25%
Original Mortgage
$510,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 7, 2006
Sold by
Unnikrishnan Srinath and Menon Deepa
Bought by
Zhu Cheng and Wang Jiajia

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
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 16, 1999
Sold by
Nuguid Ferdinand S and Recella Teresita S
Bought by
Nuguid Ruth R and Recella Ricardo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.04%

Purchase Details

Closed on
Apr 15, 1999
Sold by
Recella Ruth S and Recella Ricardo R
Bought by
Unnikrishnan Srinath and Menon Deepa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.04%

Purchase Details

Closed on
Aug 1, 1998
Sold by
Recella Ruth S and Recella Ricardo R
Bought by
Nuguid Ruth R and Recella Ricardo R

Purchase Details

Closed on
Aug 2, 1995
Sold by
Berryessa Homes
Bought by
Recella Ruth S and Recella Ricardo R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,400
Interest Rate
7.61%
Source: Public Records

Range of Values:

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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
Liu Peichun -- Chicago Title Company
Liu Peichun Peter $690,000 First American Title Company
Zhu Cheng $655,000 Stewart Title California Inc
Nuguid Ruth R -- Fidelity National Title Co
Unnikrishnan Srinath $331,000 Fidelity National Title Co
Nuguid Ruth R -- --
Recella Ruth S $243,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Peichun P $250,000
Previous Owner Liu Peichun $300,000
Previous Owner Liu Peichun Peter $510,000
Previous Owner Zhu Cheng $23,000
Previous Owner Zhu Cheng $508,000
Previous Owner Zhu Cheng $85,000
Previous Owner Zhu Cheng $70,000
Previous Owner Zhu Cheng $524,000
Previous Owner Unnikrishnan Srinath $233,547
Previous Owner Unnikrishnan Srinath $240,000
Previous Owner Recella Ruth S $218,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2014 10/04/14 Sold $690,000 +6.2% $401 / Sq Ft
09/05/2014 09/05/14 Pending -- -- --
08/28/2014 08/28/14 For Sale $650,000 -- $378 / 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 $11,388 $829,268 $414,634 $414,634
2024 $11,388 $813,008 $406,504 $406,504
2023 $11,388 $797,068 $398,534 $398,534
2022 $11,064 $781,440 $390,720 $390,720
2021 $10,858 $766,118 $383,059 $383,059
2020 $10,565 $758,264 $379,132 $379,132
2019 $10,352 $743,398 $371,699 $371,699
2018 $10,228 $728,822 $364,411 $364,411
2017 $10,069 $714,532 $357,266 $357,266
2016 $9,527 $700,522 $350,261 $350,261
2015 $9,458 $690,000 $345,000 $345,000
2014 $8,907 $682,000 $272,800 $409,200
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    Frank Liu

    RE/MAX

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Map

Source: MLSListings

MLS Number: ML81431406

MLSListings

APN: 241-40-020

California Santa Clara County San Jose 95131 Carmine-Parkmont

1246 Formosa Dr, San Jose, CA

This home is located at 1246 Formosa Dr, San Jose, CA 95131 since 28 August 2014 and is currently estimated at $1,336,703, approximately $777 per square foot. This property was built in 1993. 1246 Formosa Dr is a home located in Santa Clara County with nearby schools including Orchard Elementary School, Independence High School, and KIPP San Jose Collegiate.

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