NOT LISTED FOR SALE

1416 Searcy Dr San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $1,523,000 - $1,730,000

3 Beds
2 Baths
1,180 Sq Ft
$1,362/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $1,200,000 $1,017 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,914/month

117 Days on Market

Highlights

  • Open to Family Room
  • 2 Car Attached Garage
  • 1-Story Property
  • Reed Elementary School Rated A-

About This Home

As of December 2020

Envision yourself in this idyllic and picturesque 3 bedrm, 2 Bathrm newly-renovated ranch style home. 1416 Searcy Dr. sits peacefully on a quiet, tree lined street, providing ample safety for young families and privacy from the hustle and bustle of Silicon Valley. This home as been renovated with permits in 2020 that include a fresh farmhouse-style paint theme, brand new chef's kitchen with all new appliances, new kitchen floors, completely remodeled main suite, brand new additional guest bathroom, all new high-end fixtures and tile, and freshly landscaped front & back yard. The home sits on an oversized 6085 sqft lot, with room for possible future expansion or an ADU (buyer to confirm).

Last Agent to Sell the Property

Alex 'Sandy' Wihtol

Intero Real Estate Services License #00886625 Listed on: 07/31/2020

Intero Real Estate Services

Co-Listed By

Richard Mccaffrey

Intero Real Estate Services License #01981463

Last Buyer's Agent

Hyo Jin Pak

Intero Real Estate Services License #01424695

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,200

Year Built

  • 1962

Lot Details

  • 6,085 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace
  • Heating System Uses Gas

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,200

Year Built

1962

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Age: 58
  • Listing Class: Residential
  • Structure Sq Ft: 1180
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1962

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Eat In Kitchen
  • Living Sq Ft: 1180
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Gas, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Reed Elementary
  • Middle School: John Muir Middle
  • High School: Pioneer High
  • High School: 348
  • Elementary School: 373
  • Middle School: 341

Lot Info

  • Lot Acres: 0.1397
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6087.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6087.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2020
Closed on
Dec 9, 2020
Sold by
Eureka Investment Fund Ii Llc
Bought by
Kim Katherine O and Amendment & Restatement Of Kat
Seller's Agent
Alex 'Sandy' Wihtol
Intero Real Estate Services
Buyer's Agent
Hyo Jin Pak
Intero Real Estate Services
List Price
$1,278,000
Sold Price
$1,200,000
Premium/Discount to List
-$78,000
-6.1%
Current Estimated Value
$1,607,327

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$407,327
Avg. Annual Appreciation
5.98%

Purchase Details

Listed on
Feb 19, 2020
Closed on
Mar 17, 2020
Sold by
Michel Raphael P and Michel Kathleen M
Bought by
Eureka Investment Fund Ii Llc
Seller's Agent
Edna & Debbie
Compass
Buyer's Agent
Richard Mccaffrey
Intero Real Estate Services
List Price
$850,000
Sold Price
$1,050,000
Premium/Discount to List
$200,000
23.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.02%
Original Mortgage
$700,000
Interest Rate
3.6%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kim Katherine O $1,200,000 Fidelity National Title Co
Eureka Investment Fund Ii Llc $1,050,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eureka Investment Fund Ii Llc $700,000
Previous Owner Michel Raphael P $57,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2020 12/11/20 Sold $1,200,000 +1.9% $1,017 / Sq Ft
11/25/2020 11/25/20 Pending -- -- --
10/24/2020 10/24/20 Price Changed $1,178,000 +18.0% $998 / Sq Ft
10/01/2020 10/01/20 Price Changed $998,000 -16.0% $846 / Sq Ft
09/16/2020 09/16/20 Price Changed $1,188,000 -7.0% $1,007 / Sq Ft
07/31/2020 07/31/20 For Sale $1,278,000 +21.7% $1,083 / Sq Ft
04/01/2020 04/01/20 Sold $1,050,000 +23.5% $890 / Sq Ft
02/26/2020 02/26/20 Pending -- -- --
02/19/2020 02/19/20 For Sale $850,000 -- $720 / 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 $16,200 $1,298,917 $1,104,080 $194,837
2024 $16,200 $1,273,449 $1,082,432 $191,017
2023 $15,908 $1,248,480 $1,061,208 $187,272
2022 $15,772 $1,224,000 $1,040,400 $183,600
2021 $15,471 $1,200,000 $1,020,000 $180,000
2020 $3,067 $150,203 $52,767 $97,436
2019 $2,979 $147,259 $51,733 $95,526
2018 $2,928 $144,372 $50,719 $93,653
2017 $2,891 $141,542 $49,725 $91,817
2016 $2,752 $138,767 $48,750 $90,017
2015 $2,720 $136,683 $48,018 $88,665
2014 $2,303 $134,007 $47,078 $86,929
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Edna & Debbie

    Compass

  • Alex 'Sandy' Wihtol

    Seller's Agent in 2020

    Alex 'Sandy' Wihtol

    Intero Real Estate Services

    (650) 947-4779

    1 in this area

    38 Total Sales

    Alex 'Sandy' Wihtol
    Section Image

  • R

    Seller Co-Listing Agent in 2020

    Richard Mccaffrey

    Intero Real Estate Services

    (650) 947-4700

    1 in this area

    19 Total Sales

    Richard Mccaffrey
    Section Image
  • Hyo Jin Pak

    Buyer's Agent in 2020

    Hyo Jin Pak

    Intero Real Estate Services

    (408) 342-3000

    3 in this area

    50 Total Sales

    Hyo Jin Pak
    Section Image

  • C

    Buyer Co-Listing Agent in 2020

    Cindy Goodman

    Keller Williams Castro Valley

See All Agents

Map

Source: MLSListings

MLS Number: ML81803714

MLSListings

APN: 451-34-038

California Santa Clara County San Jose 95118 Valley View-Reed

1416 Searcy Dr, San Jose, CA

This home is located at 1416 Searcy Dr, San Jose, CA 95118 since 31 July 2020 and is currently estimated at $1,607,327, approximately $1,362 per square foot. This property was built in 1962. 1416 Searcy Dr is a home located in Santa Clara County with nearby schools including Reed Elementary School, John Muir Middle School, and Pioneer High School.

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