NOT LISTED FOR SALE

Estimated Value: $2,702,617 - $3,509,000

5 Beds
5.5 Baths
3,512 Sq Ft
$893/Sq Ft Est. Value

Last Sold September 20, 2024

Last sale price $3,230,000 $920 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $17,737/month

7 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • Soaking Tub in Primary Bathroom
  • Willow Glen High School Rated 9+
  • Vaulted Ceiling
  • Wood Flooring

About This Home

As of September 2024

Brand New Construction on a picturesque tree lined street in Willow Glen - approx. ½ mile from Downtown shopping + restaurants on Lincoln Avenue! This stunning home features 5 Beds, 5.5 Baths, w/ 3,512 Sq. Ft. of Living Space and is situated on a large lot that is 7,997 Sq Ft. Luxury awaits you as you walk through the front door. Fantastic California living w/ a large great room where your kitchen, dining, and living areas flow seamlessly together - creating an entertainer's dream. The kitchen features high-end Thermador SS appliances, large island w/ prep sink + seating area, enormous pantry, and much more. Living room highlighted by an electric fireplace, designer tile surround, and a wall of sliding doors that lead to your covered loggia - blending indoor + outdoor living. Formal dining room w/ an adjacent bar + wine fridge, perfect for hosting. Downstairs bed / office w/ en-suite bath perfect for guests. The primary bed is perfect w/ high vaulted ceilings, and en-suite bath w/ freestanding tub, double vanities, and huge walk-in closet. Three additional beds upstairs - all w/ en-suite baths. Enormous backyard w/ plenty of room to create your dream outdoor oasis! Filled w/ high-end finishes throughout. 3-car garage + charging for an electric car. It has all you need and more...

Last Agent to Sell the Property

Jordan Mott

Intero Real Estate Services License #01959108 Listed on: 08/14/2024

Last Buyer's Agent

Jeni Moon

Intero Real Estate Services License #01930991

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,414

Year Built

  • Built in 2024 | New Construction

Lot Details

  • 7,998 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1-8

Parking

  • 3 Car Attached Garage
  • On-Street Parking
  • Off-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 3,512 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Skylights
  • Great Room
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Den
  • Storage Room
  • Crawl Space

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Laundry Tub

Outdoor Features

  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Wood Insert Heater
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 434-01-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,414

Year Built

Built in 2024 | New Construction

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3512
  • Construction: Completed, Completed-Never Occupied, New Construction
  • Incorporated: Yes
  • Year Built: 2024
  • Zoning Description: R1-8
  • Special Features: NewHome
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Insert, Living Room
  • Dining Room: Breakfast Bar, Dining Area, Eat in Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Electric, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Island with Sink, Microwave, Oven - Double, Pantry, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 3512
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat, Primary Suite / Retreate - 2+, Walk-in Closet
  • Laundry: In Utility Room, Tub / Sink, Upper Floor
  • Flooring: Hardwood, Tile
  • Additional Rooms: Great Room, Laundry Room, Office Area, Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Full on Ground Floor, Half on Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Shower over Tub - 1, Stall Shower - 2+, Tile, Tub in Primary Bedroom, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 3
  • Parking Spaces: 2
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage, Off-Street Parking, On Street, Room for Oversized Vehicle

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Electric, Fireplace, Heating - 2+ Zones, Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: San Jose Unified
  • Elementary School: Willow Glen Elementary
  • Middle School: Willow Glen Middle
  • High School: Willow Glen High
  • High School: 350
  • Elementary School: 380
  • Middle School: 343

Lot Info

  • Parcel Number: 434-01-002
  • Lot Acres: 0.1836
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7997.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7997.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Willow Glen Elementary
  • High School Text: Willow Glen High
  • Middle School Text: Willow Glen Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 14, 2024
Closed on
Sep 3, 2024
Sold by
Cullen Development Inc
Bought by
Park Jong Lak and Jeong Binhwa
Seller's Agent
Jordan Mott
Intero Real Estate Services
Buyer's Agent
Jeni Moon
Intero Real Estate Services
List Price
$3,198,000
Sold Price
$3,230,000
Premium/Discount to List
$32,000
1%
Views
11
Current Estimated Value
$3,137,904

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$92,096
Avg. Annual Appreciation
-2.74%
Original Mortgage
$1,938,000
Outstanding Balance
$1,916,215
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$1,221,689

Purchase Details

Closed on
Nov 15, 2022
Sold by
Robert D Wallace Revocable Trust
Bought by
Cullen Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,920,000
Interest Rate
7.08%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 6, 2021
Sold by
Charles L Wallace Family Grantor Trust
Bought by
Robert D Wallace Revocable Trust and Wallace

Purchase Details

Closed on
Mar 11, 2019
Sold by
Wallace Robert D
Bought by
Wallace Robert D and Robert D Wallace Revocable Tru

Purchase Details

Closed on
Jul 27, 2010
Sold by
Wallace Robert
Bought by
Wallace Robert and Charles L Wallace Family Grantor Trust
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
Park Jong Lak $3,230,000 Orange Coast Title
Cullen Development Inc $925,000 Orange Coast Title
Robert D Wallace Revocable Trust -- None Listed On Document
Wallace Robert D -- None Available
Wallace Robert -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Jong Lak $1,938,000
Previous Owner Cullen Development Inc $1,920,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2024 09/20/24 Sold $3,230,000 +1.0% $920 / Sq Ft
08/21/2024 08/21/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $3,198,000 -- $911 / 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 $12,414 $3,230,000 $2,000,000 $1,230,000
2024 $12,414 $943,500 $816,000 $127,500
2023 $12,177 $925,000 $800,000 $125,000
2022 $1,915 $48,928 $18,474 $30,454
2021 $1,816 $47,969 $18,112 $29,857
2020 $1,723 $47,478 $17,927 $29,551
2019 $1,657 $46,548 $17,576 $28,972
2018 $1,616 $45,636 $17,232 $28,404
2017 $1,587 $44,743 $16,895 $27,848
2016 $1,457 $43,866 $16,564 $27,302
2015 $1,430 $43,208 $16,316 $26,892
2014 $1,078 $42,363 $15,997 $26,366
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81975396

MLSListings

APN: 434-01-002