NOT LISTED FOR SALE

1457 Mercado Way San Jose, CA 95131

Estimated Value: $1,277,000 - $1,495,000

4 Beds
3.5 Baths
1,851 Sq Ft
$749/Sq Ft Est. Value

Last Sold July 18, 2023

Last sale price $1,360,000 $735 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $8,862/month

4 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • Vinci Park Elementary School Rated A-

About This Home

As of July 2023

Introducing a stunning 4 bedroom, 3.5 bathroom townhome-style condo with 1,851 sq ft of living space. Inside, embrace the coveted open floor plan blending living, dining, and kitchen areas with hardwood floors. Three bedrooms on one level keep the family close, while a bonus room downstairs provides flexibility for an office or guest bedroom, complete with a full bathroom on the same level. Additional highlights include a two-car side-by-side garage, excellent elementary school nearby, and ample guest parking. Enjoy comfort and convenience with a low HOA fee and the perfect location steps away from a future park, Safeway grocery, fuel, CVS, coffee, dessert shops, and more. The nearby BART station ensures easy commuting. Don't miss this opportunity for spacious, well-connected living!

Last Agent to Sell the Property

Alan Wang

KW Santa Clara Valley Inc License #01380385 Listed on: 06/20/2023

KW Santa Clara Valley Inc

Co-Listed By

Zachary Belman

KW Santa Clara Valley Inc License #02165828

Last Buyer's Agent

Jingya Ji

Coldwell Banker Realty License #02050112

Coldwell Banker Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $18,420

Year Built

  • Built in 2014

Lot Details

  • 436

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,851 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, roof
  • Market Place Owners Association

Listing and Financial Details

  • Assessor Parcel Number 241-44-053

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$18,420

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 9
  • Listing Class: Residential
  • Structure Sq Ft: 1851
  • Year Built: 2014
  • Zoning Description: M1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1851
  • Stories: 3
  • Laundry: Inside
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 221
  • Association Fees Include: Landscaping / Gardening, Roof
  • H O A Name Text: Market Place Owners Association
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 241-44-053

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2023
Closed on
Jul 12, 2023
Sold by
Simmel George Marc and Simmel Tomiko
Bought by
Zhang Heyue and Sun Tao
Seller's Agent
Alan Wang
KW Santa Clara Valley Inc
Buyer's Agent
Jingya Ji
Coldwell Banker Realty
List Price
$1,279,000
Sold Price
$1,360,000
Premium/Discount to List
$81,000
6.33%
Views
20
Current Estimated Value
$1,386,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,178
Avg. Annual Appreciation
0.84%
Original Mortgage
$1,056,000
Outstanding Balance
$1,030,809
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$355,369

Purchase Details

Closed on
Aug 6, 2014
Sold by
Kb Home South Bay Inc
Bought by
Simmel George Marc and Simmel Tomiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$568,237
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Zhang Heyue $1,360,000 Cornerstone Title Company
Simmel George Marc $758,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Heyue $1,056,000
Previous Owner Simmel George Marc $568,237
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/18/2023 07/18/23 Sold $1,360,000 +6.3% $735 / Sq Ft
06/24/2023 06/24/23 Pending -- -- --
06/20/2023 06/20/23 For Sale $1,279,000 -- $691 / 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 $18,420 $1,387,200 $693,600 $693,600
2024 $18,420 $1,360,000 $680,000 $680,000
2023 $12,277 $875,215 $437,578 $437,637
2022 $12,231 $858,055 $428,999 $429,056
2021 $11,856 $841,232 $420,588 $420,644
2020 $11,493 $832,607 $416,276 $416,331
2019 $11,056 $816,282 $408,114 $408,168
2018 $10,907 $800,277 $400,112 $400,165
2017 $10,984 $784,586 $392,267 $392,319
2016 $10,552 $769,203 $384,576 $384,627
2015 $10,435 $757,650 $378,800 $378,850
Source: Public Records

Agents Affiliated with this Home

  • Alan Wang

    Seller's Agent in 2023

    Alan Wang

    KW Santa Clara Valley Inc

    (408) 313-4352

    214 Total Sales

    Alan Wang
    Section Image
  • Zachary Belman

    Seller Co-Listing Agent in 2023

    Zachary Belman

    KW Santa Clara Valley Inc

    (408) 372-8777

    4 Total Sales

    Zachary Belman
    Section Image
  • Jingya Ji

    Buyer's Agent in 2023

    Jingya Ji

    Coldwell Banker Realty

    (650) 492-0701

    215 Total Sales

    Jingya Ji
    Section Image
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Map

Source: MLSListings

MLS Number: ML81932277

MLSListings

APN: 241-44-053

California Santa Clara County San Jose 95131

1457 Mercado Way, San Jose, CA

This home is located at 1457 Mercado Way, San Jose, CA 95131 since 20 June 2023 and is currently estimated at $1,386,178, approximately $748 per square foot. This property was built in 2014. 1457 Mercado Way is a home located in Santa Clara County with nearby schools including Vinci Park Elementary School, Morrill Middle School, and Independence High School.

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