NOT LISTED FOR SALE

Estimated Value: $666,000 - $744,000

2 Beds
2 Baths
1,118 Sq Ft
$300/mo HOA Fee

Last Sold June 15, 2018

Last sale price $650,000 $581 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $4,872/month

8 Days on Market

Highlights

  • 1 Car Detached Garage
  • Security Gate
  • Whole House Fan
  • Bathtub with Shower
  • Tile Flooring
  • Forced Air Heating System

About This Home

As of June 2018

Immaculate 2 bedroom, 2 bath condo only 2.5 miles from downtown San Jose and the proposed Google business park. This condo is a top floor, corner unit with tons of natural light. It has a laundry room with a full size washer and dryer and shelving. Its kitchen features stainless steel appliances including a brand new dishwasher. This unit has updated vinyl flooring throughout, new interior paint, a detached 1 car garage, and a balcony for relaxing. Centrally located to Willow Glen, 87, 280, and 101, this is a property you do not want to miss.

Last Agent to Sell the Property

Sean Proctor

Sean Proctor Real Estate License #01749721 Listed on: 05/29/2018

Last Buyer's Agent

Tim & Faye

Intero Real Estate Services License #01507448

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,343

Year Built

  • Built in 1986

Lot Details

  • 4,382

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,118 Sq Ft Home
  • 1-Story Property
  • Whole House Fan
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Dining Area
  • Security Gate
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Additional Features

  • Fenced
  • Forced Air Heating System

Community Details

  • Association fees include garbage, insurance, reserves, roof, water / sewer
  • 28 Units
  • Palmwood Terrace Home Owners Association
  • Built by Palmwood Terrace

Listing and Financial Details

  • Assessor Parcel Number 434-42-039

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,343

Year Built

Built in 1986

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 32
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Min Numberof Unitsin Complex: 28
  • Structure Sq Ft: 1118
  • Complex Name: Palmwood Terrace
  • Incorporated: Yes
  • Year Built: 1986
  • Zoning Description: R1PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1118
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers over Tubs - 2+, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Fencing: Fenced

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan, Whole House / Attic Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Insurance, Reserves, Roof, Water / Sewer
  • H O A Name Text: Palmwood Terrace Home Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Security Gate

Schools

  • School District: San Jose Unified
  • Elementary School: Hammer Montessori at Galarza Elementary
  • Middle School: Willow Glen Middle
  • High School: Willow Glen High
  • High School: 350
  • Elementary School: 1099
  • Middle School: 343

Lot Info

  • Parcel Number: 434-42-039
  • Lot Acres: 0.1006
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4381.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4381.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Hammer Montessori at Galarza Elementary
  • High School Text: Willow Glen High
  • Middle School Text: Willow Glen Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 29, 2018
Closed on
Jun 7, 2018
Sold by
Medina Jesus R and Medina Corinne Adele
Bought by
Bon Fariba
Seller's Agent
Sean Proctor
Sean Proctor Real Estate
Buyer's Agent
Tim & Faye
Intero Real Estate Services
List Price
$598,000
Sold Price
$650,000
Premium/Discount to List
$52,000
8.7%
Current Estimated Value
$708,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$58,097
Avg. Annual Appreciation
1.28%
Source: Public Records

Range of Values:

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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
Bon Fariba $650,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Medina Jesus R $70,557
Previous Owner Medina Jesus R $74,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2018 06/15/18 Sold $650,000 +8.7% $581 / Sq Ft
06/07/2018 06/07/18 Pending -- -- --
05/29/2018 05/29/18 For Sale $598,000 -- $535 / 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 $8,343 $682,694 $341,347 $341,347
2024 $8,343 $669,308 $334,654 $334,654
2023 $8,195 $656,186 $328,093 $328,093
2022 $8,143 $643,320 $321,660 $321,660
2021 $7,820 $615,200 $307,600 $307,600
2020 $8,474 $676,260 $338,130 $338,130
2019 $8,317 $663,000 $331,500 $331,500
2018 $2,395 $160,695 $51,464 $109,231
2017 $2,341 $157,545 $50,455 $107,090
2016 $2,225 $154,457 $49,466 $104,991
2015 $2,200 $152,137 $48,723 $103,414
2014 $2,156 $149,158 $47,769 $101,389
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81707435

MLSListings

APN: 434-42-039