NOT LISTED FOR SALE

1463 Luning Dr San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $1,870,000 - $2,036,010

4 Beds
2 Baths
1,937 Sq Ft
$1,012/Sq Ft Est. Value

Last Sold October 21, 2019

Last sale price $1,280,000 $661 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $12,472/month

5 Days on Market

Highlights

  • Wood Flooring
  • Balcony
  • Laundry Room
  • Lietz Elementary School Rated A-
  • Skylights
  • Forced Air Heating and Cooling System

About This Home

As of October 2019

This 4-bedroom, 2-bath house is nestled on a street isolated from noise and traffic due to its central location within a beautiful, vibrant, and growing neighborhood. Combined with the fact that it is located in one of San Jose's best school districts, this is why this neighborhood is the choice for so many new families. Situated on a street where children feel comfortable playing, it is also conveniently located relative to excellent shopping such as Lunardis, Trader Joe's, Whole Foods, and Sprouts. If you're looking for a home in an area where it's easy to get to know your neighbors who are always willing to help you out from watching your dog to fixing you a meal when in need, you should stop by and see if this property is the next place you will call home.

Last Agent to Sell the Property

Michael Johnston

Compass License #01131203 Listed on: 09/16/2019

Compass

Last Buyer's Agent

Mark Von Kaenel

KW Bay Area Estates License #01526679

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,528

Year Built

  • Built in 1968

Lot Details

  • 6,072 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Back Yard
  • Zoning described as R1-8

Parking

  • 2 Car Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 1,937 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Family Room with Fireplace
  • Dishwasher
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 569-37-037

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,528

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 1937
  • Year Built: 1968
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining "L"
  • Kitchen: Dishwasher
  • Living Sq Ft: 1937
  • Stories: 1
  • Laundry: Inside
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Sprinklers - Lawn

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • School District: Campbell Union High
  • Elementary School: Oster Elementary
  • Middle School: Dartmouth Middle
  • High School: Branham High
  • High School: 237
  • Elementary School: 226
  • Middle School: 218

Lot Info

  • Parcel Number: 569-37-037
  • Lot Acres: 0.1394
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6071.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6071.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Oster Elementary
  • High School Text: Branham High
  • Middle School Text: Dartmouth Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Oct 2, 2019
Sold by
Lipscomb Thomas C and Lipscomb Catherine A
Bought by
Deepthi Koripella Satish K and Deepthi Bollamreddy
Seller's Agent
Michael Johnston
Compass
Buyer's Agent
Mark Von Kaenel
KW Bay Area Estates
List Price
$1,199,888
Sold Price
$1,280,000
Premium/Discount to List
$80,112
6.68%
Current Estimated Value
$1,980,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$700,752
Avg. Annual Appreciation
8.23%
Original Mortgage
$1,024,000
Interest Rate
2.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 12, 1998
Sold by
Sean Omalley
Bought by
Lipscom B Jr Thomas C and Lipscomb Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
6.91%

Purchase Details

Closed on
Jul 28, 1995
Sold by
Muzzio Douglas E and Muzzio Leslie U
Bought by
Malley Sean O and Jacqueline O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
7.62%
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
Deepthi Koripella Satish K $1,280,000 Chicago Title Company
Lipscom B Jr Thomas C $385,500 North American Title Co
Malley Sean O $289,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koripella Satish K $984,200
Closed Deepthi Koripella Satish K $1,024,000
Previous Owner Lipscomb Thomas C $275,000
Previous Owner Lipscomb Thomas C $125,000
Previous Owner Lipscomb Thomas C $242,207
Previous Owner Lipscomb Thomas C $250,000
Previous Owner Lipscomb Thomas C $291,453
Previous Owner Lipscom B Jr Thomas C $308,000
Previous Owner Malley Sean O $274,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/21/2019 10/21/19 Sold $1,280,000 +6.7% $661 / Sq Ft
09/22/2019 09/22/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $1,199,888 -- $619 / 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 $19,528 $1,372,417 $1,097,934 $274,483
2023 $19,135 $1,345,507 $1,076,406 $269,101
2022 $18,727 $1,319,125 $1,055,300 $263,825
2021 $18,354 $1,293,260 $1,034,608 $258,652
2020 $17,929 $1,280,000 $1,024,000 $256,000
2019 $8,535 $541,754 $243,684 $298,070
2018 $8,311 $531,132 $238,906 $292,226
2017 $8,192 $520,719 $234,222 $286,497
2016 $7,814 $510,510 $229,630 $280,880
2015 $7,693 $502,842 $226,181 $276,661
2014 $6,785 $492,993 $221,751 $271,242
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michael Johnston

    Compass

    Section Image

  • M

    Buyer's Agent in 2019

    Mark Von Kaenel

    KW Bay Area Estates

    Section Image
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Map

Source: MLSListings

MLS Number: ML81768814

MLSListings

APN: 569-37-037

California Santa Clara County San Jose 95118 Valley View-Reed

1463 Luning Dr, San Jose, CA

This home is located at 1463 Luning Dr, San Jose, CA 95118 since 16 September 2019 and is currently estimated at $1,961,003, approximately $1,012 per square foot. This property was built in 1968. 1463 Luning Dr is a home located in Santa Clara County with nearby schools including Lietz Elementary School, Oster Elementary School, and Dartmouth Middle School.

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