NOT LISTED FOR SALE

Estimated Value: $698,000 - $867,000

2 Beds
1 Bath
1,175 Sq Ft
1,176 Sq Ft Lot

Last Sold March 27, 2017

Last sale price $600,000 $511 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,933/month

5 Days on Market

Highlights

  • Fitness Center
  • 5-minute walk to Race Station
  • Wood Flooring
  • Pool and Spa
  • Gated Community
  • Park or Greenbelt View

About This Home

As of March 2017

A Serene Condo to call Home, awaiting your arrival! This charming 1BDRM with large Loft-1 Bathroom Mediterranean style condo has the most desirable location in Midtown Plaza community. It is located near beautiful downtown San Jose and downtown Willow Glen, close to Rose Garden, Santana Row and Mission Santa Clara and has easy access to all major HWYs (280-880-85-87). This home has a great view; it overlooks the pool, spa and the adjacent park. It is a bright end unit on top floor in a 4 stories building (elevator is available). GUESTS' PARKING IS ALLOWED WITH PERMITS ONLY. Offers are due on Tuesday Feb 28 by 3:00 pm please.

Last Agent to Sell the Property

Akee Farahmand

Milan Real Estate Group License #01034640 Listed on: 02/22/2017

Last Buyer's Agent

Jun Chung

Legacy Real Estate & Associates License #01781903

Legacy Real Estate & Associates

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,497

Year Built

  • Built in 2004

Lot Details

  • 1,176

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,175 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Combination Dining and Living Room
  • Park or Greenbelt Views

Kitchen

  • Electric Oven
  • Range Hood
  • <<microwave>>
  • Freezer
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • <<tubWithShowerToken>>

Pool

  • Pool and Spa

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Water Softener
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 264-68-124

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof, sewer, water / sewer
  • 257 Units
  • The Masters Group Association
  • Built by Midtown Plaza Community

Amenities

  • Sauna
  • Trash Chute
  • Elevator

Recreation

Pet Policy

  • Dogs and Cats Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,497

Year Built

Built in 2004

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Age - No Restrictions, Pets - Cats Permitted, Pets - Dogs Permitted, Pets - Rules
  • Age: 13
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 257
  • Structure Sq Ft: 1175
  • Complex Name: Midtown Plaza Community
  • Year Built: 2004
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Countertop - Granite, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Microwave, Oven - Electric, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1175
  • Stories: 2
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool / Spa Combo
  • Roof: Tile
  • View: Park
  • Pool: Yes
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • HOA Fees: 449
  • HOA Amenities: Community Pool, Community Security Gate, Elevator, Gym / Exercise Facility, Sauna / Spa / Hot Tub, Trash Chute
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Roof, Sewer, Water / Sewer
  • H O A Name Text: The Masters Group
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: San Jose Unified
  • Elementary School: Gardner Elementary
  • Middle School: Herbert Hoover Middle
  • High School: Abraham Lincoln High
  • High School: 347
  • Elementary School: 364
  • Middle School: 340

Lot Info

  • Parcel Number: 264-68-124
  • Lot Acres: 0.0270
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1175.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1175.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Gardner Elementary
  • High School Text: Abraham Lincoln High
  • Middle School Text: Herbert Hoover Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2017
Closed on
Mar 23, 2017
Sold by
Fong Erik Nicholas and Fong Shannon Michelle
Bought by
Yoon Kihyun and Jang Min Joo
Seller's Agent
Akee Farahmand
Milan Real Estate Group
Buyer's Agent
Jun Chung
Legacy Real Estate & Associates
List Price
$568,000
Sold Price
$600,000
Premium/Discount to List
$32,000
5.63%
Current Estimated Value
$764,953

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,953
Avg. Annual Appreciation
3.17%
Original Mortgage
$450,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 7, 2016
Sold by
Fong Erik Nicholas and Fong Shannon Michelle
Bought by
Fong Erik Nicholas and Fong Shannon Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2016
Sold by
Fong Erik Nicholas and Fong Shannon Michelle
Bought by
Fong Erik Nicholas and Fong Shannon Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
3.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2006
Sold by
Holtfreter Jan C and Holtfreter Betty L
Bought by
Fong Erik N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 16, 2005
Sold by
Holtfreter Jan C and Holtfreter Betty L
Bought by
Holtfreter Jan C and Holtfreter Betty L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
5.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 17, 2004
Sold by
Lb/L Kb Saddlerack Llc
Bought by
Holtfreter Jan and Holtfreter Betty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,992
Interest Rate
5.12%
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
Yoon Kihyun $600,000 Old Republic Title Company
Fong Erik Nicholas -- Old Republic Title Company
Fong Erik Nicholas -- Old Republic Title Company
Fong Erik Nicholas -- None Available
Fong Erik N $460,000 First American Title Company
Holtfreter Jan C -- North American Title Company
Holtfreter Jan $326,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Kihyun $393,812
Closed Yoon Kihuyun $420,000
Closed Yoon Kihyun $450,000
Previous Owner Fong Erik Nicholas $365,000
Previous Owner Fong Erik N $368,000
Previous Owner Holtfreter Jan $92,000
Previous Owner Holtfreter Jan C $322,000
Previous Owner Holtfreter Jan $260,992
Closed Holtfreter Jan $48,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/27/2017 03/27/17 Sold $600,000 +5.6% $511 / Sq Ft
02/28/2017 02/28/17 Pending -- -- --
02/22/2017 02/22/17 For Sale $568,000 -- $483 / 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
2024 $8,497 $682,694 $341,347 $341,347
2023 $8,346 $669,308 $334,654 $334,654
2022 $8,293 $656,186 $328,093 $328,093
2021 $8,150 $643,320 $321,660 $321,660
2020 $8,014 $636,724 $318,362 $318,362
2019 $7,866 $624,240 $312,120 $312,120
2018 $7,801 $612,000 $306,000 $306,000
2017 $6,921 $531,019 $159,303 $371,716
2016 $6,777 $520,608 $156,180 $364,428
2015 $6,403 $486,000 $145,800 $340,200
2014 $4,564 $336,000 $100,800 $235,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81639679

MLSListings

APN: 264-68-124