NOT LISTED FOR SALE

1520 Marburg Way Unit 4 San Jose, CA 95133

Commodore Neighborhood

Estimated Value: $1,017,425 - $1,057,000

3 Beds
2.5 Baths
1,663 Sq Ft
$622/Sq Ft Est. Value

Last Sold September 29, 2017

Last sale price $760,000 $457 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,893/month

13 Days on Market

Highlights

  • High Ceiling
  • Formal Dining Room
  • Entertainment System
  • Granite Countertops
  • Open to Family Room
  • Bathtub with Shower

About This Home

As of September 2017

This is the most decked out unit in the complex. Original owner, never rented. This was a model home and is incredibly upgraded. Wolf appliances: gas cooktop, oven, microwave and hood. Stone floors, glass tile wall in bathroom, surround sound in 3 rooms (Denon receiver stays), 42" flat screen tv in family room stays, security system, ceiling fans, A/C, upgraded built-ins, cabinetry, finish details, flooring, and tile work. According to seller there are thousands worth of builder upgrades in this townhouse vs other units in complex. This is a must see, a rare opportunity to see a unit of this quality at this price point. Did I mention the 2 car garage with huge attached storage space? Low HOA fees, pet friendly. Close to major freeways 101/680/280/880 and the new Berryessa VTA terminal. Short commute to North San Jose businesses and about 5 miles to proposed Google Campus in San Jose. This home has been lovingly cared for; it is absolutely move-in ready. Don't miss it.

Last Agent to Sell the Property

Leslie Marshall

Coldwell Banker Residential Brokerage License #01370435 Listed on: 08/23/2017

Coldwell Banker Residential Brokerage

Last Buyer's Agent

Suresh Nallapati

Maxreal Property License #01928790

Maxreal Property

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,041

Year Built

  • Built in 2006

Lot Details

  • 1,272 Sq Ft Lot

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,663 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • High Ceiling
  • Ceiling Fan
  • Formal Dining Room
  • Alarm System

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Stone Countertops In Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 254-76-040

Community Details

Overview

  • Association fees include common area electricity, decks, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves, roof
  • Marburg Association
  • Built by Marburg

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,041

Year Built

Built in 2006

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Allowed, Pets - Restrictions
  • Age: 11
  • Listing Class: Residential
  • Structure Sq Ft: 1663
  • Complex Name: Marburg
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1663
  • Stories: 2
  • Security: Fire System - Sprinkler, Security Alarm
  • Laundry: In Utility Room, Inside, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Stone, Tile
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Primary - Stall Shower(s), Shower over Tub - 1, Stone, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, On Street

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 275
  • HOA Documents: Budget, Bylaws, CC&RS, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof
  • H O A Name Text: Marburg Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Video / Audio System

Schools

  • School District: San Jose Unified
  • Elementary School: Anne Darling Elementary
  • Middle School: Peter Burnett Middle
  • High School: San Jose High Academy
  • High School: 349
  • Elementary School: 361
  • Middle School: 337

Lot Info

  • Parcel Number: 254-76-040
  • Lot Acres: 0.0292
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1270.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1270.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Unit Features: Unit Faces Street

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Anne Darling Elementary
  • High School Text: San Jose High Academy
  • Middle School Text: Peter Burnett Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2017
Closed on
Sep 26, 2017
Sold by
Niemietz Christopher J and Robinson Esperanza A
Bought by
Akula Satish Kumar and Vai Ada Gouthami
Seller's Agent
Leslie Marshall
Coldwell Banker Residential Brokerage
Buyer's Agent
Suresh Nallapati
Maxreal Property
List Price
$720,000
Sold Price
$760,000
Premium/Discount to List
$40,000
5.56%
Current Estimated Value
$1,031,785

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,785
Avg. Annual Appreciation
4.02%
Original Mortgage
$608,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2015
Sold by
Niemietz Christopher J and Robinson Esperanza A
Bought by
The Niemietz Family Revocable Trust and Robinson Esperanza A

Purchase Details

Closed on
May 29, 2013
Sold by
Niemietz Christopher
Bought by
Niemietz Christopher and Robinson Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$359,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 6, 2008
Sold by
Taylor Morrison Of California Llc
Bought by
Niemietz Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
6.04%
Mortgage Type
Purchase Money Mortgage
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
Akula Satish Kumar $760,000 Old Republic Title Company
The Niemietz Family Revocable Trust -- None Available
Niemietz Christopher -- First American Title Company
Niemietz Christopher $580,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akula Satish Kumar $540,000
Closed Akula Satish Kumar $575,425
Closed Akula Satish Kumar $608,000
Previous Owner Niemietz Christopher $359,000
Previous Owner Niemietz Christopher $406,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2017 09/29/17 Sold $760,000 +5.6% $457 / Sq Ft
09/06/2017 09/06/17 Pending -- -- --
09/01/2017 09/01/17 For Sale $720,000 0.0% $433 / Sq Ft
08/30/2017 08/30/17 Pending -- -- --
08/23/2017 08/23/17 For Sale $720,000 -- $433 / 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 $11,041 $847,788 $423,894 $423,894
2023 $10,838 $831,166 $415,583 $415,583
2022 $10,737 $814,870 $407,435 $407,435
2021 $10,522 $798,894 $399,447 $399,447
2020 $10,276 $790,704 $395,352 $395,352
2019 $10,055 $775,200 $387,600 $387,600
2018 $9,957 $760,000 $380,000 $380,000
2017 $8,818 $656,422 $328,211 $328,211
2016 $8,652 $643,552 $321,776 $321,776
2015 $7,866 $574,000 $287,000 $287,000
2014 $6,426 $486,000 $243,000 $243,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81675130

MLSListings

APN: 254-76-040