NOT LISTED FOR SALE

1371 Marcello Dr San Jose, CA 95131

Estimated Value: $1,071,000 - $1,189,000

2 Beds
2.5 Baths
1,519 Sq Ft
$331/mo HOA Fee

Last Sold September 20, 2018

Last sale price $1,050,000 $691 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,598/month

12 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Contemporary Architecture
  • Independence High School Rated A-
  • Primary Bedroom Suite
  • 2-minute walk to Gran Paradiso Park

About This Home

As of September 2018

* Bright upstair condo with spacious open floor plan in Villas at Lundy by Toll Brothers * Large living room connects to open concept kitchen, powder room, and a large covered balcony, perfect for entertaining. Update kitchen with granite counter top, gas stove, and stainless steel appliances * Master suite features spa like master bath which has double sink vanity, tub and separate shower * Spacious master suite walk in closet. In unit laundry room. Attached 2 cars side by side garage with gated entry * Resort style living with many amenities in the community including swimming pools, gym, and club house * Convenient location. Near Google shuttle bus, Ranch 99, high end Korean grocery H-Mart, Costco, Post Office, lots of retails and restaurants. Easy commute to high tech firms including future Google and Amazon new San Jose campus, Apple s coming N. San Jose campus and future Bart Station

Last Agent to Sell the Property

Sophie Shen

SV Capital Group Inc. License #01837259 Listed on: 08/03/2018

Last Buyer's Agent

Mei-Ling Chien

Keller Williams Realty-Silicon Valley License #01921265

Keller Williams Realty-Silicon Valley

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,455

Year Built

  • Built in 2007

Lot Details

  • 919

HOA Fees

  • $331 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,519 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Balcony
  • Unit is on the top floor
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 244-45-080

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis
  • The Lundy Owner Association
  • Built by The Lundy Owner Association
  • Greenbelt

Amenities

  • Sauna

Recreation

  • Community Playground
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,455

Year Built

Built in 2007

Lot Details

0

HOA Fees

$331 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 11
  • Listing Class: Residential
  • Structure Sq Ft: 1519
  • Complex Name: The Lundy Owner Association
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1519
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Storage
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Primary - Sunken Tub, Shower over Tub - 1, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Garden / Greenbelt
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Enclosed, Gate / Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 331
  • HOA Amenities: Community Pool, Garden / Greenbelt / Trails, Gym / Exercise Facility, Playground, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis
  • H O A Name Text: The Lundy Owner Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: East Side Union High
  • Elementary School: Orchard Elementary
  • High School: Independence High
  • High School: 246
  • Elementary School: 195

Lot Info

  • Parcel Number: 244-45-080
  • Lot Acres: 0.0211
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 918.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 918.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Orchard Elementary
  • High School Text: Independence High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 3, 2018
Closed on
Sep 10, 2018
Sold by
Lee Brandon D
Bought by
Xie Juan
Seller's Agent
Sophie Shen
SV Capital Group Inc.
Buyer's Agent
Mei-Ling Chien
Keller Williams Realty-Silicon Valley
List Price
$938,000
Sold Price
$1,050,000
Premium/Discount to List
$112,000
11.94%
Current Estimated Value
$1,114,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$64,724
Avg. Annual Appreciation
0.86%
Original Mortgage
$682,500
Outstanding Balance
$626,442
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$488,282

Purchase Details

Listed on
Aug 3, 2018
Closed on
Aug 22, 2018
Sold by
Liang Guangsha
Bought by
Xie Juan
Seller's Agent
Sophie Shen
SV Capital Group Inc.
Buyer's Agent
Mei-Ling Chien
Keller Williams Realty-Silicon Valley
List Price
$938,000
Sold Price
$1,050,000
Premium/Discount to List
$112,000
11.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$682,500
Outstanding Balance
$626,442
Interest Rate
7.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$488,282

Purchase Details

Closed on
Dec 26, 2012
Sold by
Lee Brandon
Bought by
Lee Brandon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2009
Sold by
Lee Gordon Y and Lee Marilynn Yung
Bought by
Lee Gordon Y and Lee Marilynn Yung

Purchase Details

Closed on
Dec 9, 2008
Sold by
Toll Ca Vill Lp
Bought by
Lee Brandon and Lee Marilynn Yung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
5.14%
Mortgage Type
Purchase Money Mortgage
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
Xie Juan $1,050,000 Chicago Title Co
Xie Juan -- Chicago Title Co
Lee Brandon D -- Fidelity National Title Co
Lee Brandon $175,000 Fidelity National Title Co
Lee Gordon Y -- None Available
Lee Brandon D -- None Available
Lee Brandon $534,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xie Juan $682,500
Previous Owner Lee Brandon $350,000
Previous Owner Lee Brandon $400,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2018 09/20/18 Sold $1,050,000 +11.9% $691 / Sq Ft
08/16/2018 08/16/18 Pending -- -- --
08/03/2018 08/03/18 For Sale $938,000 -- $618 / 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 $14,455 $1,030,000 $515,000 $515,000
2024 $14,455 $1,075,000 $537,500 $537,500
2023 $13,986 $1,040,000 $520,000 $520,000
2022 $14,565 $1,072,400 $536,200 $536,200
2021 $13,282 $968,000 $484,000 $484,000
2020 $14,339 $1,071,000 $535,500 $535,500
2019 $14,067 $1,050,000 $525,000 $525,000
2018 $7,889 $559,131 $279,566 $279,565
2017 $7,765 $548,169 $274,085 $274,084
2016 $7,346 $537,421 $268,711 $268,710
2015 $7,295 $529,349 $264,675 $264,674
2014 $6,685 $518,981 $259,491 $259,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81717481

MLSListings

APN: 244-45-080