NOT LISTED FOR SALE

1260 Sierra Ave San Jose, CA 95126

Shasta Hanchett Park Neighborhood

Estimated Value: $2,104,000 - $3,136,000

6 Beds
3 Baths
4,139 Sq Ft
$661/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $1,635,000 $395 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $17,437/month

About This Home

As of December 2017

Price adjusted on this wonderful Craftsman home in San Jose's premier neighborhood. Stunning original features abound with built-ins, pocket doors, original leaded glass windows and cabinets, high ceilings and elegant moldings, gleaming hardwood floors. Formal living spaces are huge and perfect for entertaining. Massive family kitchen with loads of storage and granite counters. We offer you a floorplan schematic for the 21st Century family (second floor has space for an amazing master retreat, entertainment area, two additional bedrooms and 2 more baths!). Large walk-in basement set up for workshop and could be fantastic wine cellar. Detached 2-car garage. Home is within walking distance to St. Leo's School and is near Bellarmine College Prep. Walk to restaurants, gyms, and shops on The Alameda, SAP Center, Whole Foods, Downtown San Jose, Caltrain, Light Rail, and hopefully Google in the future! Easy access to 280 and 880. Open Saturday and Sunday.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2017
Closed on
Dec 20, 2017
Sold by
Shumba Veneka F
Bought by
Smith Michael A
Seller's Agent
Elizabeth Monley
Compass
Buyer's Agent
Fernando Alvarez
EQ1
List Price
$1,845,000
Sold Price
$1,635,000
Premium/Discount to List
-$210,000
-11.38%
Current Estimated Value
$2,843,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,208,243
Avg. Annual Appreciation
7.08%
Original Mortgage
$636,150
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2017
Sold by
Bramer Timtohy and The Bramer Family Trust
Bought by
Smith Micahel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,900
Interest Rate
3.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 28, 2006
Sold by
Bramer Ray K
Bought by
Bramer Ray K

Purchase Details

Closed on
Sep 12, 1979
Sold by
Bramer Ray K and Bramer Glenna
Bought by
Bramer Ray K and Bramer Glenna C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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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
Smith Michael A -- Old Republic Title Co
Smith Micahel $1,635,000 Old Republic Title Co
Bramer Ray K -- None Available
Bramer Ray K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Smith Michael $762,400
Closed Smith Michael $765,500
Closed Smith Michael $765,500
Closed Smith Michael $780,000
Closed Smith Michael A $636,150
Previous Owner Smith Micahel $132,900
Previous Owner Bramer Ray K $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/22/2017 12/22/17 Sold $1,635,000 -5.2% $395 / Sq Ft
09/05/2017 09/05/17 Pending -- -- --
07/10/2017 07/10/17 Price Changed $1,725,000 -6.5% $417 / Sq Ft
05/18/2017 05/18/17 For Sale $1,845,000 -- $446 / Sq Ft

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
2024 $22,435 $1,823,871 $903,569 $920,302
2023 $22,050 $1,788,109 $885,852 $902,257
2022 $21,851 $1,753,049 $868,483 $884,566
2021 $21,470 $1,718,676 $851,454 $867,222
2020 $21,097 $1,701,054 $842,724 $858,330
2019 $20,671 $1,667,700 $826,200 $841,500
2018 $20,569 $1,635,000 $810,000 $825,000
2017 $2,617 $120,791 $21,075 $99,716
2016 $2,479 $118,423 $20,662 $97,761
2015 $2,446 $116,645 $20,352 $96,293
2014 $1,973 $114,361 $19,954 $94,407
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Monley

    Seller's Agent in 2017

    Elizabeth Monley

    Compass

    (408) 472-4546

    3 in this area

    23 Total Sales

    Section Image

  • F

    Buyer's Agent in 2017

    Fernando Alvarez

    EQ1

    Section Image
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Map

California Santa Clara County San Jose 95126 Shasta Hanchett Park

1260 Sierra Ave, San Jose, CA

This home is located at 1260 Sierra Ave, San Jose, CA 95126 and is currently estimated at $2,736,704, approximately $661 per square foot. 1260 Sierra Ave is a home located in Santa Clara County with nearby schools including Merritt Trace Elementary, Herbert Hoover Middle School, and Abraham Lincoln High.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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