$500,000
SOLD MAR 18, 2014

1287 Marcello Dr San Jose, CA 95131

1 Bed
1.5 Baths
1,283 Sq Ft
1,481 Sq Ft Lot

Recently Sold

$390 Per Sq Ft

1% Above List Price

15 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Clubhouse
  • Independence High School Rated A-
  • Colonial Architecture
  • 1-minute walk to Gran Paradiso Park

About This Home

As of September 2018

Spacious 1 bedroom, 1 bath condo with loft overlooking park. Luxurious master suite with separate shower & deep soaking tub. Contemporary open floor plan with fireplace & crown moulding. Balcony overlooks city park. Granite slab kitchen counter with stainless steel appliances. Amenities include gym, pool, spa, clubhouse, basketball court, close to shopping, dining & light rail.

Last Agent to Sell the Property

Eunice Chan

Toll Brothers Real Estate Inc. License #01009067 Listed on: 02/06/2014

Toll Brothers Real Estate Inc.

Last Buyer's Agent

Lily Fu

Compass License #01842120

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,786

Year Built

  • Built in 2006

Home Design

  • Colonial Architecture
  • Bi-Level Home
  • Foundation Moisture Barrier
  • Ceiling Insulation
  • Floor Insulation
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,283 Sq Ft Home
  • Vaulted Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Open Floorplan
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • Bathtub
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • Attached Garage
  • 1 Carport Space
  • Guest Parking
  • Off-Street Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Central Air
  • Heat Pump System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 244-46-007

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, common area electricity, common area gas, exterior painting, fencing, insurance - common area
  • 198 Units
  • The Helsing Group Association
  • Built by Villas at Lundy

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Sport Court
  • Community Playground
  • Fitness Center
  • Community Pool

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,786

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Colonial
  • Age: 8
  • Sale Price Per Sq Ft: 389.71
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Complex: 198
  • Min Numberof Unitsin Complex: 198
  • Structure Sq Ft: 1283
  • Builder Architect: Toll Brothers
  • Complex Name: Villas at Lundy
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 6
  • Map Top Coordinate: B
  • Thomas Bros Page: 814
  • Thomas Brothers: B6
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Living Room, Yes, Gas Log
  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, Hookups - Gas
  • Living Sq Ft: 1283
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Dryer, Washer, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tub in Primary Bedroom, Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Foundation Moisture Barrier, Concrete Perimeter and Slab
  • Roof: Concrete
  • View: Local/Neighborhood

Garage/Parking

  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Street Parking
  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Cooling System: Central AC
  • Heating System: Gas - Natural, Heat Pump

Condo/Co-op/Association

  • HOA Fees: 261
  • HOA Amenities: Playground, Club House, Gym / Exercise Facility, Game Court (Outdoor), Community Pool, BBQ Area, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Bylaws
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area
  • H O A Name Text: The Helsing Group
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Schools

  • School District: East Side Union High
  • Elementary School: Orchard Elementary
  • High School: Independence High
  • High School: 246
  • Elementary School: 195

Lot Info

  • Parcel Number: 244-46-007
  • List Price per Sq Ft: 385.81
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1498.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1498.00
  • Lot Size Area Min Search: 1498.00
  • Maximum Lot Size: 1498.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Insulation - Floor, Energy Star Appliances, Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Bi/Split Level Unit

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Orchard Elementary
  • High School Text: Independence High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 13, 2018
Sold by
He Chuan and Chen Lei
Bought by
Wu Wenhao and Ma Guoguang
Seller's Agent
Sophie Shen
SV Capital Group Inc.
Buyer's Agent
Olivia Lee
RE/MAX Gold
List Price
$699,000
Sold Price
$710,000
Premium/Discount to List
$11,000
1.57%
Current Estimated Value
$903,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,326
Avg. Annual Appreciation
3.16%

Purchase Details

Listed on
Feb 6, 2014
Closed on
Mar 12, 2014
Sold by
Toll Ca Viii Lp
Bought by
He Chuan and Chen Lei
Seller's Agent
Eunice Chan
Toll Brothers Real Estate Inc.
Buyer's Agent
Lily Fu
Compass
List Price
$495,000
Sold Price
$500,000
Premium/Discount to List
$5,000
1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.10%
Original Mortgage
$400,000
Interest Rate
4.29%
Mortgage Type
New Conventional
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 Type Sale Price Title Company
Grant Deed $710,000 Chicago Title Co
Grant Deed $500,000 Westminster Title Company In
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $394,000 New Conventional
Previous Owner $400,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2018 09/17/18 Sold $710,000 +1.6% $502 / Sq Ft
09/06/2018 09/06/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $699,000 +39.8% $494 / Sq Ft
03/18/2014 03/18/14 Sold $500,000 +1.0% $390 / Sq Ft
02/21/2014 02/21/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $495,000 -- $386 / 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 $10,786 $792,014 $396,007 $396,007
2024 $10,786 $776,486 $388,243 $388,243
2023 $10,555 $761,262 $380,631 $380,631
2022 $10,490 $746,336 $373,168 $373,168
2021 $9,691 $683,000 $341,500 $341,500
2020 $10,020 $724,200 $362,100 $362,100
2019 $9,820 $710,000 $355,000 $355,000
2018 $7,719 $538,682 $269,341 $269,341
2017 $7,599 $528,120 $264,060 $264,060
2016 $7,191 $517,766 $258,883 $258,883
2015 $7,142 $509,990 $254,995 $254,995
2014 $2,789 $218,344 $218,344 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81403681

MLSListings

APN: 244-46-007