NOT LISTED FOR SALE

Estimated Value: $2,031,000 - $2,320,000

4 Beds
2.5 Baths
1,974 Sq Ft
$1,101/Sq Ft Est. Value

Last Sold November 13, 2023

Last sale price $1,999,999 $1,013 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $13,791/month

10 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • Formal Dining Room
  • Los Alamitos Elementary School Rated A-
  • Neighborhood Views
  • Balcony

About This Home

As of November 2023

This home is located at 1388 Cerro Verde, San Jose, CA 95120 since 05 September 2023 and is currently estimated at $2,172,604, approximately $1,100 per square foot. This property was built in 1973. 1388 Cerro Verde is a home located in Santa Clara County with nearby schools including Los Alamitos Elementary School, Castillero Middle School, and Pioneer High School.

Last Agent to Sell the Property

Quincy Virgilio

Coldwell Banker Realty License #01191797 Listed on: 09/05/2023

Coldwell Banker Realty

Last Buyer's Agent

Aaron Derbacher

KW Bay Area Estates License #01965219

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,541

Year Built

  • Built in 1973

Lot Details

  • 8,181 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1-5

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Fiberglass Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,974 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathroom on Main Level
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 575-34-027

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,541

Year Built

Built in 1973

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 50
  • Listing Class: Residential
  • Structure Sq Ft: 1974
  • Year Built: 1973
  • Zoning Description: R1-5
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Bar, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Dishwasher, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range
  • Living Sq Ft: 1974
  • Stories: 2
  • Laundry: Electricity Hookup (220V), In Garage
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Half on Ground Floor, Primary - Stall Shower(s), Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Fiberglass
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck, Fenced, Sprinklers - Auto
  • Fencing: Wood
  • Construction Type: Wood

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public, Sewer Connected, Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: San Jose Unified
  • Elementary School: Los Alamitos Elementary
  • Middle School: Castillero Middle
  • High School: Pioneer High
  • High School: 348
  • Elementary School: 369
  • Middle School: 338

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 575-34-027
  • Lot Acres: 0.1878
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8180.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8180.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Los Alamitos Elementary
  • High School Text: Pioneer High
  • Middle School Text: Castillero Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2023
Closed on
Oct 12, 2023
Sold by
Queen Family Trust
Bought by
Safro Michael and Safro Felicia
Seller's Agent
Quincy Virgilio
Coldwell Banker Realty
Buyer's Agent
Aaron Derbacher
KW Bay Area Estates
List Price
$1,899,900
Sold Price
$1,999,999
Premium/Discount to List
$100,099
5.27%
Total Days on Market
10
Current Estimated Value
$2,172,604

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,605
Avg. Annual Appreciation
4.68%
Original Mortgage
$1,599,999
Interest Rate
7.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2022
Sold by
Queen Matthew C and Queen Christine M
Bought by
Queen Family Trust

Purchase Details

Listed on
Mar 18, 2014
Closed on
Apr 22, 2014
Sold by
Nichols Elizabeth Ann
Bought by
Queen Matthew C and Queen Christine M
Seller's Agent
Cinda Hoyt
Compass
Buyer's Agent
Michael DiBernardo
Coldwell Banker Residential Brokerage
List Price
$939,000
Sold Price
$950,000
Premium/Discount to List
$11,000
1.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.56%
Original Mortgage
$700,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2001
Sold by
Nichols Elizabeth A
Bought by
Nichols Elizabeth Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
6.63%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 13, 1999
Sold by
Nichols Donald E and Nichols Elizabeth A
Bought by
Nichols Donald E and Nichols Elizabeth A
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
Safro Michael $2,000,000 Fidelity National Title Compan
Queen Family Trust -- None Listed On Document
Queen Matthew C $950,000 Old Republic Title Company
Nichols Elizabeth Ann -- Chicago Title Co
Nichols Donald E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Safro Michael $1,590,000
Closed Safro Michael $1,599,999
Previous Owner Queen Matthew C $530,000
Previous Owner Queen Matthew C $548,000
Previous Owner Queen Matthew C $576,000
Previous Owner Queen Matthew C $574,000
Previous Owner Queen Matthew C $598,000
Previous Owner Queen Matthew C $100,000
Previous Owner Queen Matthew C $690,000
Previous Owner Queen Matthew C $700,000
Previous Owner Nichols Elizabeth Ann $310,000
Previous Owner Nichols Elizabeth Ann $134,000
Previous Owner Nichols Elizabeth Ann $77,000
Previous Owner Nichols Elizabeth Ann $186,000
Previous Owner Nichols Elizabeth Ann $185,000
Previous Owner Nichols Donald E $75,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2023 11/13/23 Sold $1,999,999 +5.3% $1,013 / Sq Ft
09/16/2023 09/16/23 Pending -- -- --
09/05/2023 09/05/23 For Sale $1,899,900 +100.0% $962 / Sq Ft
05/02/2014 05/02/14 Sold $950,000 +1.2% $481 / Sq Ft
04/03/2014 04/03/14 Pending -- -- --
03/31/2014 03/31/14 For Sale $939,000 0.0% $476 / Sq Ft
03/27/2014 03/27/14 Pending -- -- --
03/18/2014 03/18/14 For Sale $939,000 -- $476 / 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 $24,541 $2,039,998 $1,325,898 $714,100
2024 $24,541 $1,999,999 $1,299,900 $700,099
2023 $14,420 $1,119,340 $727,572 $391,768
2022 $14,284 $1,097,393 $713,306 $384,087
2021 $13,999 $1,075,876 $699,320 $376,556
2020 $13,693 $1,064,845 $692,150 $372,695
2019 $13,404 $1,043,967 $678,579 $365,388
2018 $13,273 $1,023,498 $665,274 $358,224
2017 $13,170 $1,003,430 $652,230 $351,200
2016 $12,967 $983,756 $639,442 $344,314
2015 $12,886 $968,980 $629,837 $339,143
2014 $1,689 $91,549 $25,228 $66,321
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81940745

MLSListings

APN: 575-34-027