NOT LISTED FOR SALE

Estimated Value: $646,000 - $737,523

2 Beds
2 Baths
1,118 Sq Ft
$350/mo HOA Fee

Last Sold June 25, 2021

Last sale price $665,000 $595 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,969/month

12 Days on Market

Highlights

  • Contemporary Architecture
  • 5-minute walk to Tamien
  • Balcony
  • Wood Flooring
  • Quartz Countertops
  • 1 Car Detached Garage

About This Home

As of June 2021

Premium complex just had major remolding completed, New roofs , patios, painting, gutters. Condo has updated new white cabinets, natural quartz counter tops, quartz /glass back splash, new vent hood with light, lights under cabinets. newer Samsung Refrigerator, Newer appliances and fixtures. New paint both, bathrooms remolded, newly faced fireplace, canned lighting, ceiling fans in every room with remotes. new closet mirror white doors. jacuzzi bath in hall bathroom stone custom flooring in second bath. newer tile flooring in master bath and new vanity. laminate flooring through out house, crown molding, new thermostat with custom settings, new water heater, white window blinds. Home feels and looks modern and welcoming. center of everything, short distance to Willow Glen , Downtown San Jose, San Jose State, San Jose Giants, Happy hollow park, Ice Skating Arena. Tons of dining and nightlife. One block from light rail, take to downtown San Jose and enjoy the nightlife. train to SF!

Last Agent to Sell the Property

Jennifer Stein

Homelister, Inc. License #01507135 Listed on: 05/14/2021

Last Buyer's Agent

Daniela Alvarez

Intero Real Estate Services License #02055793

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,697

Year Built

  • 1986

Lot Details

  • 436

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Living Room with Fireplace

Kitchen

  • Open to Family Room
  • Electric Oven
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Stone

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter
  • Sewer Within 50 Feet

Community Details

Overview

  • Association fees include exterior painting, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - exterior, roof
  • 28 Units
  • Palmwood Terrace Owners Association

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,697

Year Built

1986

Lot Details

0

HOA Fees

$350 per month

Parking

1

Listing Details

  • Zoning: R1PD
  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Number Restrictions
  • Age: 35
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 4
  • Min Numberof Unitsin Complex: 28
  • Structure Sq Ft: 1118
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1986

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room
  • Dining Room: Dining "L"
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1118
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, Primary Bedroom On Ground Floor, More Than One Bedroom On Ground Floor, Walk-In Closet
  • Laundry: Dryer, Inside, Washer
  • Flooring: Stone, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Granite, Shower Over Tub - 1, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Vinyl Siding, Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 2
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Parking Area

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer In Street

Condo/Co-op/Association

  • Complex Name: Palmwood Terrace
  • HOA Fees: 350
  • HOA Documents: Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Exterior, Roof
  • HOA Exist: Yes
  • H O A Name Text: Palmwood Terrace Owners Association

Schools

  • School District: San Jose Unified
  • Elementary School: Ernesto Galarza Elementary
  • Middle School: Willow Glen Middle
  • High School: Willow Glen High
  • High School: 350
  • Elementary School: 1100
  • Middle School: 343

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2021
Closed on
Jun 22, 2021
Sold by
Galvez Carlos T and Galvez Darlene Y
Bought by
Rivera Jose H Valenzuela and Herrera Laura Lopez
Seller's Agent
Jennifer Stein
Homelister, Inc.
Buyer's Agent
Daniela Alvarez
Intero Real Estate Services
List Price
$674,995
Sold Price
$665,000
Premium/Discount to List
-$9,995
-1.48%
Current Estimated Value
$711,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$46,247
Avg. Annual Appreciation
1.93%
Original Mortgage
$532,000
Outstanding Balance
$486,874
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$232,651

Purchase Details

Closed on
Aug 10, 2017
Sold by
Galvez Carlos T
Bought by
Galvez Carlos T and Galvez Darlene Y

Purchase Details

Closed on
May 16, 2016
Sold by
Galvaz Carlos T and Galvez Darlene Yvette
Bought by
Galvaz Carlos T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2002
Sold by
Gonzalez Eliberto A and Yanez Juan A
Bought by
Galvez Carlos T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6%

Purchase Details

Closed on
Sep 6, 2000
Sold by
Gonzalez Leopoldo A
Bought by
Gonzalez Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$237,500
Interest Rate
8.13%

Purchase Details

Closed on
Sep 27, 1994
Sold by
Bayview Federal Bank
Bought by
Cardella Euphemia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
7.75%

Purchase Details

Closed on
May 27, 1994
Sold by
Bay View Auxiliary Corp
Bought by
Bay View Federal Bank
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
Rivera Jose H Valenzuela $665,000 Fidelity National Title Co
Galvez Carlos T -- None Available
Galvaz Carlos T -- First American Title Company
Galvez Carlos T $275,000 Alliance Title Company
Gonzalez Blanca -- Alliance Title Company
Gonzalez Eliberto A $250,000 Alliance Title Company
Cardella Euphemia $104,000 First American Title Guarant
Bay View Federal Bank $99,889 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Jose H Valenzuela $532,000
Previous Owner Galvaz Carlos T $281,000
Previous Owner Galvez Carlos T $83,000
Previous Owner Galvez Carlos T $320,000
Previous Owner Galvez Carlos T $292,500
Previous Owner Galvez Carlos T $220,000
Previous Owner Gonzalez Eliberto A $237,500
Previous Owner Cardella Euphemia $124,000
Previous Owner Cardella Euphemia $96,000
Previous Owner Cardella Euphemia $78,000
Closed Galvez Carlos T $41,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/25/2021 06/25/21 Sold $665,000 -1.5% $595 / Sq Ft
05/27/2021 05/27/21 Pending -- -- --
05/14/2021 05/14/21 For Sale $674,995 -- $604 / 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 $8,697 $705,702 $352,851 $352,851
2023 $8,181 $655,000 $327,500 $327,500
2022 $8,551 $678,300 $339,150 $339,150
2021 $4,926 $375,300 $150,118 $225,182
2020 $4,846 $371,453 $148,579 $222,874
2019 $4,755 $364,170 $145,666 $218,504
2018 $4,711 $357,030 $142,810 $214,220
2017 $4,673 $350,030 $140,010 $210,020
2016 $4,542 $343,167 $137,265 $205,902
2015 $4,505 $338,014 $135,204 $202,810
2014 $4,420 $331,394 $132,556 $198,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81843918

MLSListings

APN: 434-42-037