NOT LISTED FOR SALE

1501 Marlene Ct San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $860,000 - $1,004,000

3 Beds
2.5 Baths
1,308 Sq Ft
1,481 Sq Ft Lot

Last Sold April 27, 2015

Last sale price $615,000 $470 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $5,672/month

11 Days on Market

Highlights

  • Granite Countertops
  • Open to Family Room
  • 1 Car Attached Garage
  • Pioneer High School Rated A
  • Skylights
  • Forced Air Heating and Cooling System

About This Home

As of April 2015

Great central location. Walk to shopping, schools and transportation.Spacious master suite, huge closets, ceiling fan with remote,2 windows, master bath with 2 sinks,2 shower heads.Laundry hookups upstairs and in 1 car garage. 2 other upstairs bedrooms share the spacious hall bath. Kitchen is updated with granite counters and stainless appliances, recessed lighting, gas starter fireplace and all wiring is in for a wall mount TV and cable, HDMI, satellite. The tiled patio is a very low maintenance area

Last Agent to Sell the Property

Melisa Garr-Valenzuela

Melisa Garr-Valenzuela, Broker License #01202343 Listed on: 03/18/2015

Last Buyer's Agent

Maureen Aning

Keller Williams Realty-Silicon Valley License #01329431

Keller Williams Realty-Silicon Valley

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Gated Home
  • Wood Fence

Parking

  • 1 Car Attached Garage
  • Assigned Parking

Home Design

  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • 2-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Laminate Flooring
  • Washer and Dryer Hookup

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Water Softener
  • Community Sewer or Septic
  • Satellite Dish
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, fencing, insurance - common area, insurance - earthquake, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - road, roof
  • 14 Units
  • Akmaden Park HOA

Listing and Financial Details

  • Assessor Parcel Number 569-59-033

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 14
  • Structure Sq Ft: 1308
  • Year Built: 1985
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Breakfast Bar
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Dual Fuel, Garbage Disposal, Hookups - Ice Maker, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Gas, Oven Range - Electric
  • Living Sq Ft: 1308
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete
  • Fencing: Gate, Wood
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Community Sewer / Septic

Association/Amenities

  • Amenities Miscellaneous: Skylight

Condo/Co-op/Association

  • HOA Fees: 200
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Roof
  • H O A Name Text: Akmaden Park HOA
  • H O A Exist: Yes

Schools

  • High School: 348

Lot Info

  • Lot Description: Corners Marked - No
  • Parcel Number: 569-59-033
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1464.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1464.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Almaden Elementary
  • High School Text: Pioneer High
  • Middle School Text: John Muir Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2015
Closed on
Apr 21, 2015
Sold by
Masterson James
Bought by
Sander Sabine
Seller's Agent
Melisa Garr-Valenzuela
Melisa Garr-Valenzuela, Broker
Buyer's Agent
Maureen Aning
Keller Williams Realty-Silicon Valley
List Price
$575,000
Sold Price
$615,000
Premium/Discount to List
$40,000
6.96%
Current Estimated Value
$929,864

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$314,864
Avg. Annual Appreciation
3.94%
Original Mortgage
$492,000
Outstanding Balance
$379,575
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$550,289

Purchase Details

Closed on
Oct 4, 2006
Sold by
Masterson Jim P
Bought by
Masterson James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 2, 2003
Sold by
Lim Alex L and So Wendy S
Bought by
Masterson James P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1997
Sold by
Thomas Olsen Eric and Thomas Eric T
Bought by
Lim Alex L and So Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.58%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sander Sabine $615,000 Cornerstone Title Co
Masterson James -- Financial Title Company
Masterson James P $365,000 Financial Title Company
Lim Alex L $220,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sander Sabine $492,000
Previous Owner Masterson James $25,000
Previous Owner Masterson James $456,000
Previous Owner Masterson James P $292,000
Previous Owner Lim Alex L $198,000
Closed Masterson James P $73,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2015 04/27/15 Sold $615,000 +7.0% $470 / Sq Ft
03/29/2015 03/29/15 Pending -- -- --
03/18/2015 03/18/15 For Sale $575,000 -- $440 / 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 $9,778 $739,126 $369,563 $369,563
2024 $9,778 $724,634 $362,317 $362,317
2023 $9,580 $710,426 $355,213 $355,213
2022 $9,498 $696,498 $348,249 $348,249
2021 $9,288 $682,842 $341,421 $341,421
2020 $9,065 $675,842 $337,921 $337,921
2019 $8,863 $662,592 $331,296 $331,296
2018 $8,769 $649,600 $324,800 $324,800
2017 $8,694 $636,864 $318,432 $318,432
2016 $8,520 $624,378 $312,189 $312,189
2015 $6,399 $439,850 $241,857 $197,993
2014 $5,964 $431,235 $237,120 $194,115
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2015

    Melisa Garr-Valenzuela

    Melisa Garr-Valenzuela, Broker

  • Maureen Aning

    Buyer's Agent in 2015

    Maureen Aning

    Keller Williams Realty-Silicon Valley

    (408) 835-2099

    22 Total Sales

    Maureen Aning
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Map

Source: MLSListings

MLS Number: ML81455835

MLSListings

APN: 569-59-033

California Santa Clara County San Jose 95118 Valley View-Reed

1501 Marlene Ct, San Jose, CA

Not Listed for Sale

Condos

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