NOT LISTED FOR SALE

Estimated Value: $2,864,000 - $3,981,143

0.51 Acre
$6,692,677 Price per Acre
22,390 Sq Ft Lot

Last Sold May 17, 2021

Last sale price $3,100,000 $2,823 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $22,112/month

79 Days on Market

Highlights

  • 0.51 Acre Lot
  • Mountain View
  • Level Lot
  • Nelson S. Dilworth Elementary School Rated A-
  • Wood Fence

About This Lot

As of May 2021

Rare residential infill development opportunity, located in the west valley area of San Jose. One plus acre of land combined with the bordering parcel at 1348 Miller, with a combined list price of $6.8 million. Proposed four lot conceptual site plan with new public street. The homes on each parcel are offered together and will not be sold separately. The existing home (per county assessor) features 1,098 sq ft with 3 bedrooms & 2 baths, built in 1954 on approximately 22,200+- sq ft, estate sized parcel. Within the Cupertino Union Elementary School District & Lynbrook High School! 46,400+- sq ft, combined parcel size with overall dimensions of 179' width by 260' in depth. Current zoning is R-1-8 (eight lots per acre) Minimum subdivision lot sizes per zoning code is 5,445 square footage / General Plan is Residential Neighborhood.

Last Agent to Sell the Property

Curt Keegan

Coldwell Banker Realty License #00589081 Listed on: 12/29/2020

Coldwell Banker Realty

Last Buyer's Agent

Stephanie Yi

Hestia Real Estate Inc. License #02029161

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,419

Lot Details

  • 0.51 Acre Lot
  • Wood Fence
  • Level Lot

Additional Features

  • Mountain Views
  • Electricity Available at Street
  • Gas Available at Street

Property Details

Property Type

Land

Est. Annual Taxes

$40,419

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Site Plan, Subdivision - Possible
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: Mountains
  • Fencing: Fenced, Wood

Utilities

  • Sewer/Septic System: Sewer - Public, Sewer Available

Schools

  • School District: Fremont Union High
  • Elementary School: John Muir Elementary
  • Middle School: Joaquin Miller Middle
  • High School: Lynbrook High
  • High School: 259
  • Elementary School: 1056
  • Middle School: 88

Lot Info

  • Lot Description: Grade - Level
  • Lot Acres: 0.5140
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 22392.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 22392.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Available At Street, Gas - Available At Street, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 28, 2023
Sold by
Al Financial Management Llc
Bought by
Ytm Legacy Inc
Current Estimated Value
$3,440,036

Purchase Details

Closed on
Sep 14, 2022
Sold by
Zhang Tao
Bought by
Zhang Tao and Al Financial Management Llc

Purchase Details

Listed on
Dec 29, 2020
Closed on
May 11, 2021
Sold by
Li Shaoliang
Bought by
Ke Lun
Seller's Agent
Curt Keegan
Coldwell Banker Realty
Buyer's Agent
Stephanie Yi
Hestia Real Estate Inc.
List Price
$3,248,000
Sold Price
$3,100,000
Premium/Discount to List
-$148,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.35%
Original Mortgage
$4,500,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Listed on
Dec 29, 2020
Closed on
Apr 21, 2021
Sold by
Doi Steven K and Steven K Doi 2011 Trust
Bought by
Zhang Tao and Ke Lun
Seller's Agent
Curt Keegan
Coldwell Banker Realty
Buyer's Agent
Stephanie Yi
Hestia Real Estate Inc.
List Price
$3,248,000
Sold Price
$3,100,000
Premium/Discount to List
-$148,000
-4.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,500,000
Interest Rate
3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2016
Sold by
Doi Steven K
Bought by
Doi Steven K

Purchase Details

Closed on
Jul 5, 2016
Sold by
Boesch Gayle A and Doi Steven K
Bought by
Doi Steven K
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ytm Legacy Inc $223,000 Usa National Title
Zhang Tao $387,500 Usa National Title
Ke Lun -- Stewart Title Company
Zhang Tao $3,100,000 Stewart Title Company
Doi Steven K -- None Available
Doi Steven K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Unionave Llc $1,000,000
Closed Unionavellc $2,500,000
Previous Owner Zhang Tao $4,500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2021 05/17/21 Sold $3,100,000 -4.6% $2,823 / Sq Ft
03/19/2021 03/19/21 Pending -- -- --
02/19/2021 02/19/21 For Sale $3,248,000 0.0% $2,958 / Sq Ft
01/28/2021 01/28/21 Price Changed $3,248,000 +3.0% $2,958 / Sq Ft
01/18/2021 01/18/21 Pending -- -- --
12/29/2020 12/29/20 For Sale $3,152,000 -- $2,871 / 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 $40,419 $3,415,050 $3,381,225 $33,825
2024 $40,419 $3,334,308 $3,294,513 $39,795
2023 $40,419 $3,268,930 $3,229,915 $39,015
2022 $39,058 $3,162,000 $3,111,000 $51,000
2021 $10,642 $765,053 $734,726 $30,327
2020 $10,430 $757,210 $727,193 $30,017
2019 $10,205 $742,364 $712,935 $29,429
2018 $9,668 $727,808 $698,956 $28,852
2017 $1,790 $62,690 $26,882 $35,808
2016 $1,713 $61,461 $26,355 $35,106
2015 $1,683 $60,539 $25,960 $34,579
2014 $1,259 $59,354 $25,452 $33,902
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81824199

MLSListings

APN: 377-25-053