NOT LISTED FOR SALE

1402 Cherrywood Square San Jose, CA 95117

Castlemont Neighborhood

Estimated Value: $1,014,000 - $1,077,000

2 Beds
2 Baths
1,056 Sq Ft
$985/Sq Ft Est. Value

Last Sold October 21, 2016

Last sale price $740,000 $701 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $6,664/month

9 Days on Market

Highlights

  • Cabana
  • Contemporary Architecture
  • Granite Countertops
  • George C. Payne Elementary School Rated A-
  • Vaulted Ceiling
  • Balcony

About This Home

As of October 2016

Meticulously maintained and upgraded Merrivale West town home. Natural light pours in through the double paned southern facing windows. Open floor plan with upgraded kitchen opens up into the dining and living areas. Vaulted ceilings, laminate flooring throughout, central air conditioning, 3 sun tunnels, new water heater newer range / dishwasher and abundant storage. Master bedroom with crown molding, upgraded baseboard and huge closet with extra shelving. The peaceful and private patio is perfect for outdoor dining. Central commute location close to Santana Row, Valley Fair, historic downtown Campbell and the new Apple campus. Walking trails and mature shrubbery make for peaceful evening walks. Great schools; Payne elementary, Moreland middle and Prospect high school. Best run HOA in the valley with HOA dues only 242 a month which includes a pool, clubhouse and the beautiful grounds. Merrivale West is a tranquil hidden gem in Silicon Valley.

Last Agent to Sell the Property

David Lindsay

Coldwell Banker Realty License #00927727 Listed on: 09/20/2016

Coldwell Banker Realty

Co-Listed By

Patricia Kelner

Coldwell Banker Realty License #01443696

Last Buyer's Agent

Ann Thai

Intero Real Estate Services License #01361179

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,086

Year Built

  • Built in 1972

Lot Details

  • 1,350 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Skylights
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Range Hood
  • Ice Maker
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Cabana
  • Private Pool
  • Fence Around Pool
  • Solar Heated Pool

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 305-10-051

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, fencing, insurance, insurance - common area, insurance - hazard, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, reserves
  • 248 Units
  • Community Association
  • Built by Merrivale West

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,086

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 44
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 248
  • Structure Sq Ft: 1056
  • Complex Name: Merrivale West
  • Year Built: 1972
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Hood Over Range, Ice Maker, Oven - Self Cleaning, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1056
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer, Washer / Dryer
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - Fenced, Heated - Solar
  • Roof: Composition
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced
  • Pool: Yes
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Central Forced Air - Gas
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 242
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance, Insurance - Common Area, Insurance - Hazard, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Reserves
  • H O A Name Text: Community
  • H O A Exist: Yes

Schools

  • School District: Campbell Union High
  • Elementary School: George C. Payne Elementary
  • Middle School: Moreland Middle
  • High School: Prospect High
  • High School: 241
  • Elementary School: 158
  • Middle School: 35652

Lot Info

  • Parcel Number: 305-10-051
  • Lot Acres: 0.0310
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1346.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1346.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: George C. Payne Elementary
  • High School Text: Prospect High
  • Middle School Text: Moreland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Belgal Trishna
Bought by
Belgal Trishna and Thakur Gaurav
Current Estimated Value
$1,033,163

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$567,000
Outstanding Balance
$517,051
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$522,877

Purchase Details

Closed on
Oct 22, 2019
Sold by
Belgal Trishna
Bought by
Belgal Trishna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 20, 2016
Closed on
Oct 14, 2016
Sold by
Chang Shisen and Tao Weichi
Bought by
Belgal Trishna
Seller's Agent
David Lindsay
Coldwell Banker Realty
Buyer's Agent
Ann Thai
Intero Real Estate Services
List Price
$714,900
Sold Price
$740,000
Premium/Discount to List
$25,100
3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.94%
Original Mortgage
$625,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Shin Michael C and Shin Min Jung
Bought by
Chang Shisen and Tao Weichi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$330,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 3, 2002
Sold by
Shin Michael C
Bought by
Shin Michael C and Shin Min Jung

Purchase Details

Closed on
Feb 4, 2002
Sold by
Shin Mon Jung
Bought by
Shin Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
7.15%
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
Belgal Trishna -- Fidelity Natl Ttl Orange Cnt
Belgal Trishna -- American Coast Title Company
Belgal Trishna $740,000 Cornerstone Title Company
Chang Shisen $530,000 First American Title Company
Shin Michael C -- --
Shin Michael C -- Alliance Title Company
Shin Michael C $315,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Belgal Trishna $567,000
Closed Belgal Trishna $595,000
Closed Belgal Trishna $625,000
Previous Owner Chang Shisen $320,000
Previous Owner Chang Shisen $325,000
Previous Owner Chang Shisen $325,000
Previous Owner Chang Shisen $330,000
Previous Owner Chang Shisen $330,000
Previous Owner Shin Michael C $174,000
Previous Owner Shin Michael C $45,000
Previous Owner Shin Michael C $275,000
Previous Owner Shin Michael C $252,000
Closed Shin Michael C $17,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2016 10/21/16 Sold $740,000 +3.5% $701 / Sq Ft
09/30/2016 09/30/16 Pending -- -- --
09/20/2016 09/20/16 For Sale $714,900 -- $677 / 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
2024 $12,086 $841,986 $420,993 $420,993
2023 $11,918 $825,478 $412,739 $412,739
2022 $11,745 $809,294 $404,647 $404,647
2021 $11,533 $793,426 $396,713 $396,713
2020 $11,291 $785,292 $392,646 $392,646
2019 $10,886 $769,896 $384,948 $384,948
2018 $10,624 $754,800 $377,400 $377,400
2017 $10,497 $740,000 $370,000 $370,000
2016 $8,223 $588,072 $294,036 $294,036
2015 $7,624 $530,000 $265,000 $265,000
2014 $6,877 $502,000 $251,000 $251,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81615179

MLSListings

APN: 305-10-051