NOT LISTED FOR SALE

1337 Marcello Dr Unit 185 San Jose, CA 95131

North Valley Neighborhood

Estimated Value: $1,002,000 - $1,087,000

2 Beds
3 Baths
1,479 Sq Ft
$706/Sq Ft Est. Value

About This Home

This home is located at 1337 Marcello Dr Unit 185, San Jose, CA 95131 and is currently estimated at $1,044,624, approximately $706 per square foot. 1337 Marcello Dr Unit 185 is a home located in Santa Clara County with nearby schools including Orchard Elementary School, Independence High School, and Stratford School - Milpitas Great Mall Parkway.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 23, 2024
Sold by
Rao Prawn and Rao Archana
Bought by
Shah Jay Dilip and Barad Darshana Baghalal
Current Estimated Value
$1,044,624

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,002,237
Outstanding Balance
$986,001
Interest Rate
6.77%
Mortgage Type
Construction
Estimated Equity
$58,623

Purchase Details

Closed on
Oct 10, 2017
Sold by
Rao Pravin
Bought by
Rao Pravin and Salunkhe Archana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$594,000
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 16, 2010
Sold by
Salunkhe Archana
Bought by
Rao Pravin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,214
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 8, 2010
Sold by
Toll Ca Viii L P
Bought by
Rao Pravin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$530,214
Interest Rate
4.5%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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.

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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.

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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.

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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.

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Average Value
Not Available
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
Shah Jay Dilip $1,075,000 First American Title
Rao Pravin -- Orange Coast Title Company
Rao Pravin -- Westminster Title Co Inc
Rao Pravin $540,000 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Jay Dilip $1,002,237
Previous Owner Rao Pravin $594,000
Previous Owner Rao Pravin $530,214
Source: Public Records

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 $9,579 $1,096,500 $548,250 $548,250
2024 $9,579 $678,249 $339,125 $339,124
2023 $9,579 $664,951 $332,476 $332,475
2022 $9,310 $651,913 $325,957 $325,956
2021 $9,138 $639,131 $319,566 $319,565
2020 $8,880 $632,579 $316,290 $316,289
2019 $8,698 $620,177 $310,089 $310,088
2018 $8,594 $608,017 $304,009 $304,008
2017 $8,462 $596,097 $298,049 $298,048
2016 $8,007 $584,409 $292,205 $292,204
2015 $7,953 $575,631 $287,816 $287,815
2014 $7,329 $564,357 $282,179 $282,178
Source: Public Records

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