NOT LISTED FOR SALE

1387 Marcello Dr San Jose, CA 95131

North Valley Neighborhood

Estimated Value: $958,000 - $1,117,000

2 Beds
2 Baths
1,307 Sq Ft
$311/mo HOA Fee

Last Sold July 31, 2018

Last sale price $900,000 $689 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,745/month

37 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Contemporary Architecture
  • Independence High School Rated A-
  • Clubhouse
  • 1-minute walk to Gran Paradiso Park

About This Home

As of July 2018

The Villas at Lundy is a Luxury community built by Toll Brothers built in 2007yr. All living area is on one level. Bright corner unit. Open floor plan, kitchen with granite counters. Inside laundry room with washer and dryer. Central heat and A/C. Master suite with double sinks, tub and stall shower. Attached one car garage and street parking. Complex has resort style amenities including clubhouse, pool and BBQ area, fitness room, children play ground, basketball court, park and more! Easy freeway access from Hwy 880 & 680, close to new BART station, shops, restaurants and grocery stores: Costco & shopping center , Ranch 99.

Last Agent to Sell the Property

Beverly Hu

Intero Real Estate Services License #01400024 Listed on: 05/23/2018

Intero Real Estate Services

Last Buyer's Agent

Ellen Zhang

Compass License #01923510

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 1,734

HOA Fees

  • $311 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,307 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Garden Views

Kitchen

  • Open to Family Room
  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 244-45-088

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance, insurance - hazard, insurance - structure, landscaping / gardening, maintenance - exterior, maintenance - road, pool spa or tennis, reserves, roof
  • Lundy Owners Association
  • Built by Lundy Owner Association
  • The community has rules related to parking rules

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

HOA Fees

$311 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Parking Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1307
  • Complex Name: Lundy Owner Association
  • Year Built: 2007
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 1307
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Tile
  • View: Garden / Greenbelt
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Construction Type: Concrete, Stucco

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Electric Gate, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 311
  • HOA Amenities: Club House, Community Pool, Gym / Exercise Facility, Playground, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance, Insurance - Hazard, Insurance - Structure, Landscaping / Gardening, Maintenance - Exterior, Maintenance - Road, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: LUNDY OWNERS ASSOCIATION
  • H O A Exist: Yes

Schools

  • High School: 246

Lot Info

  • Parcel Number: 244-45-088
  • Lot Acres: 0.0398
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1734.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1734.00

Green Features

  • Energy Features: Walls Insulated

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 23, 2018
Closed on
Jul 18, 2018
Sold by
Ding Lifeng
Bought by
Wang Yuchen
Seller's Agent
Beverly Hu
Intero Real Estate Services
Buyer's Agent
Ellen Zhang
Compass
List Price
$899,000
Sold Price
$900,000
Premium/Discount to List
$1,000
0.11%
Current Estimated Value
$1,020,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,093
Avg. Annual Appreciation
1.70%
Original Mortgage
$675,000
Outstanding Balance
$584,988
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$435,105

Purchase Details

Closed on
Sep 24, 2008
Sold by
Toll Ca Viii Lp
Bought by
Ding Lifeng
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wang Yuchen $900,000 Orange Coast Title Co Of Nor
Ding Lifeng $485,500 Multiple
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yuchen $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2018 07/31/18 Sold $900,000 +0.1% $689 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/26/2018 06/26/18 For Sale $899,000 0.0% $688 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
05/23/2018 05/23/18 For Sale $899,000 -- $688 / 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 $13,254 $1,003,962 $501,981 $501,981
2024 $13,254 $984,278 $492,139 $492,139
2023 $12,977 $964,980 $482,490 $482,490
2022 $12,899 $946,060 $473,030 $473,030
2021 $11,345 $821,300 $410,600 $410,700
2020 $10,890 $801,000 $400,500 $400,500
2019 $12,106 $900,000 $450,000 $450,000
2018 $7,854 $549,358 $274,677 $274,681
2017 $7,732 $538,588 $269,292 $269,296
2016 $7,316 $528,028 $264,012 $264,016
2015 $7,267 $520,098 $260,047 $260,051
2014 $6,659 $509,911 $254,954 $254,957
Source: Public Records

Agents Affiliated with this Home

  • Beverly Hu

    Seller's Agent in 2018

    Beverly Hu

    Intero Real Estate Services

    (408) 829-0858

    3 Total Sales

    Beverly Hu
    Section Image

  • E

    Buyer's Agent in 2018

    Ellen Zhang

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81706582

MLSListings

APN: 244-45-088

California Santa Clara County San Jose 95131 North Valley

1387 Marcello Dr, San Jose, CA

Not Listed for Sale

Condos

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