NOT LISTED FOR SALE

Estimated Value: $2,723,000 - $3,760,000

4 Beds
3 Baths
3,455 Sq Ft
$969/Sq Ft Est. Value

About This Home

This home is located at 1480 Richards Ave, San Jose, CA 95125 and is currently estimated at $3,347,273, approximately $968 per square foot. 1480 Richards Ave is a home located in Santa Clara County with nearby schools including Willow Glen Elementary, Willow Glen Middle, and Willow Glen High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 22, 2020
Sold by
Nijmeh Ramy and Nijmeh Jessica
Bought by
Nijmeh Ramy E and Nijmeh Jessica R
Current Estimated Value
$3,347,273

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,500
Outstanding Balance
$367,231
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$2,980,042

Purchase Details

Closed on
Dec 8, 2017
Sold by
Nijmeh Ramy E and Nijmeh Jessica R
Bought by
Nijmeh Ramy E and Nijmeh Jessica R

Purchase Details

Closed on
Aug 22, 2012
Sold by
Nijmeh Ramy
Bought by
Nijmeh Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2011
Sold by
Nijmeh Jessica
Bought by
Nijmeh Jessica and Nijmeh Ramy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 3, 2011
Sold by
Nijmeh Ramy
Bought by
Nijmeh Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$718,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 18, 2008
Sold by
Formico Michael J
Bought by
Nijmeh Ramy and Nijmeh Jessica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$900,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2006
Sold by
Formico Ramona L
Bought by
Formico Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2005
Sold by
Fermico Michael J
Bought by
Formico Michael J and Formico Ramona L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,175,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 1994
Sold by
L & S Hallmark Construction Inc
Bought by
Formico Michael J and Formico Ramona L

Purchase Details

Closed on
Oct 18, 1993
Sold by
Resolution Trust Corp
Bought by
L & S Hallmark Construction Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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ICE

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First American

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Quantarium

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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
Nijmeh Ramy E -- Fidelity National Title Co
Nijmeh Ramy E -- Fidelity National Title Co
Nijmeh Ramy E -- None Available
Nijmeh Ramy E -- None Available
Nijmeh Jessica -- Old Republic Title Company
Nijmeh Jessica -- Old Republic Title Company
Nijmeh Jessica -- Old Republic Title Company
Nijmeh Ramy $1,350,000 Fidelity National Title Co
Formico Michael J -- Commonwealth Land Title Co
Formico Michael J -- Commonwealth Land Title
Formico Michael J -- Commonwealth Land Title
Formico Michael J $196,000 --
L & S Hallmark Construction Inc $196,000 All California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nijmeh Ramy E $509,500
Closed Nijmeh Jessica $625,500
Closed Nijmeh Jessica $120,000
Closed Nijmeh Jessica $718,000
Closed Nijmeh Ramy $900,000
Previous Owner Formico Michael J $155,000
Previous Owner Formico Michael J $1,175,000
Source: Public Records

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 $21,452 $1,772,908 $1,329,669 $443,239
2024 $21,452 $1,738,147 $1,303,598 $434,549
2023 $21,081 $1,704,067 $1,278,038 $426,029
2022 $20,899 $1,670,655 $1,252,979 $417,676
2021 $20,523 $1,637,898 $1,228,411 $409,487
2020 $20,104 $1,621,105 $1,215,816 $405,289
2019 $19,698 $1,589,320 $1,191,977 $397,343
2018 $19,524 $1,558,157 $1,168,605 $389,552
2017 $19,381 $1,527,606 $1,145,692 $381,914
2016 $19,140 $1,497,654 $1,123,228 $374,426
2015 $19,030 $1,475,159 $1,106,357 $368,802
2014 $18,523 $1,446,263 $1,084,685 $361,578
Source: Public Records

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