NOT LISTED FOR SALE

Estimated Value: $797,984 - $825,000

2 Beds
2 Baths
1,258 Sq Ft
$535/mo HOA Fee

Last Sold June 21, 2023

Last sale price $725,000 $576 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,584/month

43 Days on Market

Highlights

  • Private Pool
  • 5-minute walk to Race Station
  • Dining Area
  • Electric Gate
  • Forced Air Heating and Cooling System

About This Home

As of June 2023

$75,000 PRICE REDUCTION! COME SEE THE VALUE! Centrally located 2 bedroom, 2 bath condo near downtown San Jose, Valley Fair, Santana Row, SAP Center, Willow Glen, and Highways 280/880. Walk to the Midtown Safeway, Starbucks or Smart & Final. Close to the upcoming Google Village. Open concept Living/Dining/Kitchen areas. Spacious covered balcony off the living room. Master bedroom and secondary bedroom are located on either side of the central common living area offering loads of privacy. Large Master Bathroom and walk-in closet. Indoor laundry with side by side washer and dryer. This secure, gated community includes a pool, clubhouse, spa, exercise room, and private access to O'Connor park. Included is an assigned parking space in the secured garage.

Last Agent to Sell the Property

Thomas G. Nixon

eXp Realty of California Inc License #01431417 Listed on: 04/18/2023

eXp Realty of California Inc

Last Buyer's Agent

Thomas G. Nixon

eXp Realty of California Inc License #01431417 Listed on: 04/18/2023

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,148

Year Built

  • Built in 2004

Lot Details

  • 1,263

HOA Fees

  • $535 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Electric Gate

Interior Spaces

  • 1,258 Sq Ft Home
  • 1-Story Property
  • Dining Area
  • Laundry in unit

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 264-68-058

Community Details

Overview

  • Association fees include common area electricity, common area gas, hot water, insurance - common area, maintenance - common area, management fee, pool spa or tennis, reserves, roof, water / sewer
  • Midtown Plaza Association
  • Built by Saddle Rack

Amenities

  • Trash Chute

Recreation

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,148

Year Built

Built in 2004

Lot Details

0

HOA Fees

$535 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 19
  • Listing Class: Residential
  • Structure Sq Ft: 1258
  • Complex Name: Saddle Rack
  • Year Built: 2004
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1258
  • Stories: 1
  • Laundry: Inside
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Pool Description: Community Facility
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Common Parking Area, Electric Gate

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Unknown

Condo/Co-op/Association

  • HOA Fees: 535
  • HOA Amenities: Trash Chute
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Hot Water, Insurance - Common Area, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Water / Sewer
  • H O A Name Text: Midtown PLaza
  • H O A Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 264-68-058

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 18, 2023
Closed on
Jun 6, 2023
Sold by
Hitchcock David Randall
Bought by
Ryan B Mojabi Revocable Trust
Seller's Agent
Thomas G. Nixon
eXp Realty of California Inc
Buyer's Agent
Thomas G. Nixon
eXp Realty of California Inc
List Price
$799,000
Sold Price
$725,000
Premium/Discount to List
-$74,000
-9.26%
Views
50
Current Estimated Value
$811,746

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,746
Avg. Annual Appreciation
5.01%

Purchase Details

Listed on
Feb 4, 2014
Closed on
Mar 18, 2014
Sold by
Giridharan Srinivasan
Bought by
Hitchcock David Randall
Seller's Agent
Michael Carey
Mike Carey, Broker
Buyer's Agent
Thomas G. Nixon
Intero Real Estate Services
List Price
$489,000
Sold Price
$480,000
Premium/Discount to List
-$9,000
-1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$230,000
Interest Rate
4.18%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2010
Sold by
Swiercz Elizabeth
Bought by
Giridharan Srinivasan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2005
Sold by
Cierniak Maciej J
Bought by
Swiercz Elizabeth

Purchase Details

Closed on
Aug 9, 2004
Sold by
Lb/L-Kb Saddlerack Llc
Bought by
Swiercz Elizabeth and Cierniak Macie J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$383,600
Interest Rate
6.25%
Mortgage Type
Purchase Money Mortgage
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
Ryan B Mojabi Revocable Trust $725,000 Chicago Title
Hitchcock David Randall $480,000 Pacific Coast Title Company
Giridharan Srinivasan $320,000 Old Republic Title Company
Swiercz Elizabeth -- --
Swiercz Elizabeth $426,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hitchcock David Randall $198,000
Previous Owner Hitchcock David Randall $230,000
Previous Owner Giridharan Srinivasan $92,570
Previous Owner Giridharan Srinivasan $288,000
Previous Owner Swiercz Elizabeth $400,000
Previous Owner Swiercz Elizabeth $383,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2023 06/21/23 Sold $725,000 0.0% $576 / Sq Ft
06/01/2023 06/01/23 Pending -- -- --
05/15/2023 05/15/23 Price Changed $725,000 -9.3% $576 / Sq Ft
04/18/2023 04/18/23 For Sale $799,000 +66.5% $635 / Sq Ft
03/21/2014 03/21/14 Sold $480,000 +2.3% $382 / Sq Ft
03/03/2014 03/03/14 Pending -- -- --
02/22/2014 02/22/14 Price Changed $469,000 -4.1% $373 / Sq Ft
02/04/2014 02/04/14 For Sale $489,000 -- $389 / 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 $9,148 $754,290 $377,145 $377,145
2024 $9,148 $739,500 $369,750 $369,750
2023 $7,150 $565,554 $282,777 $282,777
2022 $7,107 $554,466 $277,233 $277,233
2021 $6,981 $543,596 $271,798 $271,798
2020 $6,865 $538,024 $269,012 $269,012
2019 $6,738 $527,476 $263,738 $263,738
2018 $6,682 $517,134 $258,567 $258,567
2017 $6,633 $506,996 $253,498 $253,498
2016 $6,492 $497,056 $248,528 $248,528
2015 $6,447 $489,590 $244,795 $244,795
2014 $4,544 $334,438 $100,331 $234,107
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81925033

MLSListings

APN: 264-68-058