NOT LISTED FOR SALE

1507 Petersen Ave San Jose, CA 95129

Country Lane Neighborhood

Estimated Value: $2,474,000 - $2,682,000

3 Beds
2 Baths
1,628 Sq Ft
$1,597/Sq Ft Est. Value

Last Sold March 14, 2014

Last sale price $1,050,000 $645 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $15,791/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Two Way Fireplace
  • Attic
  • Country Lane Elementary School Rated A
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of March 2014

Fabulous Country Lane School Area,Walking Distance to Parks (Murdoch Park) & Creek Trail,Minutes from Shops (Westgate/El Paseo) & Restaurants,Hardwood Flr,Remodeled Bath,Updated Kitchen,Freshly Painted,Double Paned Windows,Access to Backyard from Living Room,Family Room & Master Bedroom,2 Way Fireplace,Eat in Kit,Extra Storage in Garage,Buyer to Verify Sqft,Schools,Permit,Staged,No Preview,A 10!

Last Agent to Sell the Property

Monica Yeung Arima

Yarkin Realty License #01185969 Listed on: 02/09/2014

Last Buyer's Agent

Nemo How

Eastgate Real Estate Services License #01182336

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,224

Year Built

  • Built in 1958

Lot Details

  • Security Fence
  • Zoning described as R1-8

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Shake Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,628 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Two Way Fireplace
  • Double Pane Windows
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Attic

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 378-27-018

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,224

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 56
  • Sale Price Per Sq Ft: 644.96
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 1628
  • Incorporated: Yes
  • Map Book Page: 852
  • Map Side Coordinate: 4
  • Map Top Coordinate: H
  • Thomas Bros Page: 852
  • Thomas Brothers: H4
  • Year Built: 1958
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Dual See Thru, Yes
  • Dining Room: No Formal Dining Room, Breakfast Bar, Eat in Kitchen
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1628
  • Stories: 1
  • Security: Security Fence
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Garage, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Additional Rooms: Attic, Storage
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition, Shake
  • View: Local/Neighborhood
  • Exterior: Shingles

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s)

Schools

  • School District: Campbell Union High
  • Elementary School: Country Lane Elementary
  • Middle School: Moreland Middle
  • High School: Prospect High
  • High School: 241
  • Elementary School: 153
  • Middle School: 156

Lot Info

  • Parcel Number: 378-27-018
  • List Price per Sq Ft: 598.89
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6000.00
  • Lot Size Area Min Search: 6000.00
  • Maximum Lot Size: 6000.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Country Lane Elementary
  • High School Text: Prospect High
  • Middle School Text: Moreland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2014
Closed on
Mar 5, 2014
Sold by
Alam Shahid and Moy Kimberly
Bought by
Tseng Kuo Feng
Seller's Agent
Monica Yeung Arima
Yarkin Realty
Buyer's Agent
Nemo How
Eastgate Real Estate Services
List Price
$975,000
Sold Price
$1,050,000
Premium/Discount to List
$75,000
7.69%
Current Estimated Value
$2,599,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,549,255
Avg. Annual Appreciation
8.62%
Original Mortgage
$400,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 15, 2012
Sold by
Alam Shahid and Moy Kimberly
Bought by
Alam Shahid and Moy Kimberly

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
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2008
Sold by
Degeorge Marco
Bought by
Alam Shahid and Moy Kimberly Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,250
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 20, 1999
Sold by
Beatrice Mazzeo
Bought by
Mazzeo Beatrice and Degeorge Marco
Source: Public Records

Range of Values:

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Average Value
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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
Tseng Kuo Feng $1,050,000 Old Republic Title Company
Alam Shahid -- Old Republic Title Company
Alam Shahid $895,000 Stewart Title Of California
Mazzeo Beatrice -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tseng Kuo Feng $600,000
Closed Tseng Kuo Feng $453,500
Closed Tseng Kuo Feng $400,000
Previous Owner Alam Shahid $625,500
Previous Owner Alam Shahid $660,000
Previous Owner Alam Shahid $700,000
Previous Owner Alam Shahid $134,250
Previous Owner Alam Shahid $671,250
Previous Owner Mazzeo Beatrice $544,185
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/14/2014 03/14/14 Sold $1,050,000 +7.7% $645 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
02/09/2014 02/09/14 For Sale $975,000 -- $599 / 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
2024 $17,224 $1,261,908 $1,021,549 $240,359
2023 $17,008 $1,237,166 $1,001,519 $235,647
2022 $16,755 $1,212,909 $981,882 $231,027
2021 $16,481 $1,189,128 $962,630 $226,498
2020 $16,160 $1,176,936 $952,760 $224,176
2019 $15,582 $1,153,860 $934,079 $219,781
2018 $15,208 $1,131,236 $915,764 $215,472
2017 $15,028 $1,109,056 $897,808 $211,248
2016 $14,253 $1,087,310 $880,204 $207,106
2015 $14,147 $1,070,979 $866,983 $203,996
2014 $12,464 $958,993 $771,483 $187,510
Source: Public Records

Agents Affiliated with this Home

  • Monica Yeung Arima

    Seller's Agent in 2014

    Monica Yeung Arima

    Yarkin Realty

    (650) 888-4116

    5 Total Sales

    Section Image
  • Nemo How

    Buyer's Agent in 2014

    Nemo How

    Eastgate Real Estate Services

    (408) 316-2436

    18 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81403940

MLSListings

APN: 378-27-018

California Santa Clara County San Jose 95129 Country Lane

1507 Petersen Ave, San Jose, CA

This home is located at 1507 Petersen Ave, San Jose, CA 95129 since 09 February 2014 and is currently estimated at $2,599,255, approximately $1,596 per square foot. This property was built in 1958. 1507 Petersen Ave is a home located in Santa Clara County with nearby schools including Country Lane Elementary School, Moreland Middle School, and Prospect High School.

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