NOT LISTED FOR SALE

1487 Montalban Dr San Jose, CA 95120

Montevideo Neighborhood

Estimated Value: $2,334,000 - $3,070,000

6 Beds
4 Baths
3,135 Sq Ft
$890/Sq Ft Est. Value

Last Sold January 29, 2021

Last sale price $2,050,000 $654 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $17,990/month

147 Days on Market

Highlights

  • Formal Dining Room
  • Open to Family Room
  • Wood Burning Fireplace
  • Guadalupe Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of January 2021

Beautiful custom home in highly sought after Montevideo neighborhood. With this 6 bedrooms 4 bathroom home you get over 3100 sqft of open floor plan perfect for entertaining. As you & your visitors walk up to the front door you are greeted by a European-style courtyard surrounded by lush greenery giving a private garden feel. The bright kitchen offers granite counters and stainless steel appliances while overlooking the great room with a wood burning fireplace, light oak floors and 2 extra large sliders leading to the backyard. There is a Master + 2 bedrooms with 2 bathrooms on the ground floor and a Master + 2 bedrooms and 2 bathrooms on the upper floor - an ideal layout for a large or multi-generational family. The backyard has an inviting pool and low maintenance landscaping. Fantastic Almaden location close to shopping and commute access. Top rated schools.

Last Agent to Sell the Property

Tiffany Lloyd Lofton

Coldwell Banker Realty License #01929358 Listed on: 07/21/2020

Coldwell Banker Realty

Last Buyer's Agent

Rita Roysental

Bayview Residential Brokerage License #01204355

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,030

Year Built

  • 2004

Lot Details

  • 8,425

HOA Fees

  • $70 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Concrete Perimeter Foundation

Interior Spaces

  • 3,135 Sq Ft Home
  • Wood Burning Fireplace
  • Formal Dining Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • 8,425 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Montevideo Improvement Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,030

Year Built

2004

Lot Details

0

HOA Fees

$70 per month

Parking

2

Listing Details

  • Zoning: R1-5
  • Subclass: Single Family Home
  • Age: 16
  • Listing Class: Residential
  • Structure Sq Ft: 3135
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0
  • Year Built: 2004

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 3135
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 4
  • Total Bedrooms: 6

Exterior Features

  • Foundation: Concrete Perimeter And Slab

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 840
  • HOA Fee Frequency: Annually
  • HOA Exist: Yes
  • H O A Name Text: Montevideo Improvement Association

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1934
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8424.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8424.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2020
Closed on
Jan 22, 2021
Sold by
Akar Armagan A and Akar Patricia
Bought by
Akar Armagan A and Akar Patricia
Seller's Agent
Tiffany Lloyd Lofton
Coldwell Banker Realty
Buyer's Agent
Rita Roysental
Bayview Residential Brokerage
List Price
$2,147,000
Sold Price
$2,050,000
Premium/Discount to List
-$97,000
-4.52%
Current Estimated Value
$2,831,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$781,137
Avg. Annual Appreciation
7.01%
Original Mortgage
$1,640,000
Outstanding Balance
$1,477,752
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$1,312,493
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
Akar Armagan A $2,050,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akar Armagan A $1,640,000
Previous Owner Akar Armagan A $700,000
Previous Owner Akar Armagan A $536,000
Previous Owner Akar Armagan A $67,000
Previous Owner Akar Armagan A $293,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2021 01/29/21 Sold $2,050,000 -4.5% $654 / Sq Ft
12/15/2020 12/15/20 Pending -- -- --
07/21/2020 07/21/20 For Sale $2,147,000 -- $685 / 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 $29,030 $2,218,984 $1,442,340 $776,644
2024 $29,030 $2,175,475 $1,414,059 $761,416
2023 $29,030 $2,132,820 $1,386,333 $746,487
2022 $27,873 $2,091,000 $1,359,150 $731,850
2021 $11,803 $811,711 $132,608 $679,103
2020 $11,554 $803,389 $131,249 $672,140
2019 $11,347 $787,637 $128,676 $658,961
2018 $11,066 $772,194 $126,153 $646,041
2017 $10,922 $757,054 $123,680 $633,374
2016 $10,415 $742,210 $121,255 $620,955
2015 $10,623 $731,062 $119,434 $611,628
2014 $9,616 $716,743 $117,095 $599,648
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2021

    Tiffany Lloyd Lofton

    Coldwell Banker Realty

    Section Image

  • R

    Buyer's Agent in 2021

    Rita Roysental

    Bayview Residential Brokerage

    (408) 605-6015

    1 in this area

    14 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81800442

MLSListings

APN: 575-24-027

California Santa Clara County San Jose 95120 Montevideo

1487 Montalban Dr, San Jose, CA

This home is located at 1487 Montalban Dr, San Jose, CA 95120 since 21 July 2020 and is currently estimated at $2,790,245, approximately $890 per square foot. This property was built in 2004. 1487 Montalban Dr is a home located in Santa Clara County with nearby schools including Guadalupe Elementary School, Dartmouth Middle School, and Branham High School.

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