1483 Mercado Way San Jose, CA 95131
2
Beds
2
Baths
1,171
Sq Ft
436
Sq Ft Lot
Highlights
- Wood Flooring
- Open to Family Room
- Laundry Room
- Vinci Park Elementary School Rated A-
- Tile Countertops
- Forced Air Heating and Cooling System
About This Home
As of August 2023Gorgeous 2 bed & 2 bath condo in the desirable North Valley. Open space floor plan. Bright nature light in living room and bedrooms. Master bedroom with walk-in closet. Recessed lighting with updated counter top in kitchen. Central air conditioning. Double pane windows. Low HOA. Close to transportation. Easy access to freeway and shopping center. Move-in-ready. The community is located at Berryessa Rd cross Sierra Rd in San Jose.
Last Agent to Sell the Property
Green Valley Realty USA License #01491446 Listed on: 07/30/2015
Last Buyer's Agent
Jayashree S. Mishra
SV Realty License #01505298
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $13,599
Year Built
- Built in 2014
Parking
- 2 Car Garage
- Off-Street Parking
Home Design
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,171 Sq Ft Home
- Combination Dining and Living Room
- Laundry Room
Kitchen
- Open to Family Room
- Built-In Oven
- Gas Cooktop
- Microwave
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Dual Sinks
- Bathtub Includes Tile Surround
Utilities
- Forced Air Heating and Cooling System
- Separate Meters
- 220 Volts
- Individual Gas Meter
Community Details
- Property has a Home Owners Association
- Association fees include common area electricity, common area gas, exterior painting, insurance - common area, insurance - structure, maintenance - common area, reserves, roof
- Market Place Condo Owners Association
- Built by The Towns at Berryessa
Listing and Financial Details
- Assessor Parcel Number 241-44-057
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 18, 2023
Closed on
Aug 9, 2023
Sold by
Deshpande Hegde Revocable Trust
Bought by
Ma William
Seller's Agent
Laxmi Penupothula
Redfin
Buyer's Agent
Jeremy Naval
Compass
List Price
$898,888
Sold Price
$975,000
Premium/Discount to List
$76,112
8.47%
Views
27
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,182
Avg. Annual Appreciation
-0.12%
Original Mortgage
$275,000
Outstanding Balance
$255,527
Interest Rate
6.24%
Mortgage Type
New Conventional
Estimated Equity
$717,291
Purchase Details
Listed on
Nov 13, 2017
Closed on
Dec 1, 2017
Sold by
Panda Debasish and Sahu Swapna
Bought by
Hegde Prajakta S and Deshpande Girish Ramanand
Seller's Agent
Jayashree S. Mishra
Intero Real Estate Services
Buyer's Agent
The Hanna Group
Intero Real Estate Services
List Price
$799,000
Sold Price
$860,000
Premium/Discount to List
$61,000
7.63%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.23%
Original Mortgage
$600,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Listed on
Jul 30, 2015
Closed on
Aug 19, 2015
Sold by
Chen Hsiaochun
Bought by
Panda Debasish and Sahu Swapna
Seller's Agent
William Pan
Green Valley Realty USA
Buyer's Agent
Jayashree S. Mishra
SV Realty
List Price
$649,500
Sold Price
$660,000
Premium/Discount to List
$10,500
1.62%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.31%
Original Mortgage
$593,340
Interest Rate
4.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 6, 2014
Sold by
Kb Home South Bay Inc
Bought by
Chen Hsiaochun
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,637
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Similar Homes in San Jose, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $975,000 | Fidelity National Title Compan | |
| Grant Deed | $860,000 | Orange Coast Title Co Of Nor | |
| Grant Deed | $660,000 | First American Title Company | |
| Grant Deed | $572,500 | First American Title Co Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $275,000 | New Conventional | |
| Previous Owner | $600,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $560,000 | New Conventional | |
| Previous Owner | $593,340 | New Conventional | |
| Previous Owner | $457,637 | Adjustable Rate Mortgage/ARM |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/18/2023 08/18/23 | Sold | $975,000 | +8.5% | $833 / Sq Ft |
| 07/24/2023 07/24/23 | Pending | -- | -- | -- |
| 07/18/2023 07/18/23 | For Sale | $898,888 | +4.5% | $768 / Sq Ft |
| 12/09/2017 12/09/17 | Sold | $860,000 | +7.6% | $734 / Sq Ft |
| 11/14/2017 11/14/17 | Pending | -- | -- | -- |
| 11/13/2017 11/13/17 | For Sale | $799,000 | +21.1% | $682 / Sq Ft |
| 08/28/2015 08/28/15 | Sold | $660,000 | +1.6% | $564 / Sq Ft |
| 08/10/2015 08/10/15 | Pending | -- | -- | -- |
| 07/30/2015 07/30/15 | For Sale | $649,500 | -- | $555 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $13,599 | $975,000 | $487,500 | $487,500 |
| 2023 | $12,740 | $905,000 | $452,500 | $452,500 |
| 2022 | $13,053 | $922,092 | $461,046 | $461,046 |
| 2021 | $11,853 | $841,000 | $420,500 | $420,500 |
| 2020 | $12,272 | $894,744 | $447,372 | $447,372 |
| 2019 | $11,806 | $877,200 | $438,600 | $438,600 |
| 2018 | $11,734 | $860,000 | $430,000 | $430,000 |
| 2017 | $9,649 | $673,200 | $336,600 | $336,600 |
| 2016 | $9,272 | $660,000 | $330,000 | $330,000 |
| 2015 | $8,101 | $572,046 | $286,000 | $286,046 |
Source: Public Records
Agents Affiliated with this Home
-
L
Seller's Agent in 2023
Laxmi Penupothula
Redfin
-
Jeremy Naval
Buyer's Agent in 2023
Jeremy Naval
Compass
(415) 509-8848
36 Total Sales
-
J
Seller's Agent in 2017
Jayashree S. Mishra
Intero Real Estate Services
-
T
Buyer's Agent in 2017
The Hanna Group
Intero Real Estate Services
-
William Pan
Seller's Agent in 2015
William Pan
Green Valley Realty USA
(408) 823-2321
108 Total Sales
Map
Source: MLSListings
MLS Number: ML81497676
APN: 241-44-057
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