NOT LISTED FOR SALE

1504 Petersen Ave San Jose, CA 95129

Country Lane Neighborhood

Estimated Value: $2,155,891 - $2,860,000

3 Beds
2 Baths
1,550 Sq Ft
$1,574/Sq Ft Est. Value

Last Sold November 12, 2021

Last sale price $1,700,000 $1,097 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $14,989/month

Highlights

  • Two Way Fireplace
  • Attached Garage
  • Forced Air Heating and Cooling System
  • Country Lane Elementary School Rated A
  • Eat-In Kitchen
  • 1-Story Property

About This Home

As of November 2021

Property under renovation. Work in progress includes brand new: roof, windows, sliding doors, copper plumbing, electrical, hardwood floors, interior and exterior paint. Complete kitchen remodel and updated bathrooms. Great neighborhood with award-winning Moreland schools: Country Lane Elementary, Moreland Middle, Prospect High. Great central location near Westgate Shopping Center, close to walking and biking trails along Saratoga Creek Trail.

Last Agent to Sell the Property

Paul Younan

Compass License #01167894 Listed on: 11/06/2021

Compass

Last Buyer's Agent

Paul Younan

Compass License #01167894 Listed on: 11/06/2021

Compass

Home Details

Home Type

  • Single Family

Year Built

  • 1960

Lot Details

  • 6,290

Parking

  • Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,550 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 6,290 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1960

Lot Details

6,290 Sq Ft Lot

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1550
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1960

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Dual See Thru, Family Room, Living Room
  • Dining Room: Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 1550
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • High School: 241

Lot Info

  • Lot Acres: 0.1444
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6292.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6292.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2021
Closed on
Nov 5, 2021
Sold by
Jones Charlotte A and The Jones Residuary Trust
Bought by
Luo Mingtian and Hu Yi
Seller's Agent
Paul Younan
Compass
Buyer's Agent
Paul Younan
Compass
List Price
$1,700,000
Sold Price
$1,700,000
Current Estimated Value
$2,438,973

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$738,973
Avg. Annual Appreciation
8.61%
Original Mortgage
$1,360,000
Outstanding Balance
$1,246,551
Interest Rate
3.01%
Mortgage Type
Commercial
Estimated Equity
$1,192,422

Purchase Details

Closed on
Nov 27, 2012
Sold by
Jones Charlotte A
Bought by
Jones David R

Purchase Details

Closed on
Dec 29, 2011
Sold by
Jones Charlotte A
Bought by
Jones Charlotte A

Purchase Details

Closed on
Jul 29, 2011
Sold by
Jones Charlotte A
Bought by
Jones Charlotte A

Purchase Details

Closed on
Oct 21, 1993
Sold by
Jones James D and Jones Charlotte A
Bought by
Jones James D and Jones Charlotte A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Luo Mingtian $1,700,000 Fidelity National Title Co
Jones David R -- None Available
Jones Charlotte A -- None Available
Jones Charlotte A -- None Available
Jones James D -- --
Jones James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Mingtian $1,360,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2021 11/12/21 Sold $1,700,000 0.0% $1,097 / Sq Ft
11/06/2021 11/06/21 Pending -- -- --
11/06/2021 11/06/21 For Sale $1,700,000 -- $1,097 / Sq Ft
Source: MLSListings

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 $23,476 $1,804,052 $1,554,669 $249,383
2024 $23,476 $1,768,680 $1,524,186 $244,494
2023 $23,204 $1,734,000 $1,494,300 $239,700
2022 $22,945 $1,700,000 $1,465,000 $235,000
2021 $5,780 $334,803 $183,963 $150,840
2020 $5,629 $331,371 $182,077 $149,294
2019 $5,425 $324,874 $178,507 $146,367
2018 $5,292 $318,505 $175,007 $143,498
2017 $5,222 $312,261 $171,576 $140,685
2016 $4,929 $306,139 $168,212 $137,927
2015 $4,882 $301,542 $165,686 $135,856
2014 $4,402 $295,636 $162,441 $133,195
Source: Public Records

Agents Affiliated with this Home

  • Paul Younan

    Seller's Agent in 2021

    Paul Younan

    Compass

    (408) 315-1172

    1 in this area

    41 Total Sales

    Paul Younan
    Section Image
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Map

Source: MLSListings

MLS Number: ML81857367

MLSListings

APN: 378-29-009

California Santa Clara County San Jose 95129 Country Lane

1504 Petersen Ave, San Jose, CA

Not Listed for Sale

Detached

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