NOT LISTED FOR SALE

1531 Silver Pond Ln San Jose, CA 95138

Silver Creek Neighborhood

Estimated Value: $2,344,000 - $3,291,000

6 Beds
5 Baths
3,690 Sq Ft
$792/Sq Ft Est. Value

Last Sold October 04, 2016

Last sale price $1,580,000 $428 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $17,960/month

64 Days on Market

Highlights

  • Golf Course Community
  • Art Studio
  • Panoramic View
  • James Franklin Smith Elementary School Rated A-
  • Home Theater
  • Clubhouse

About This Home

As of October 2016

BUYERS!$419/ SQ FT - A $120/ SQ FT LESS THAN ANYTHING IN THE ZIP CODE!RARE OPPORTUNITY TO OWN A STUNNING EXECUTIVE STYLE HOME WITH 180 DEGREES UNOBSTRUCTED VIEWS OF THE VALLEY AT THE PRESTIGIOUS RANCH GOLF COURSE COMMUNITY!THIS HOME HAS AN EXTREMELY DESIRED FLR PLAN.SEPARATE LIVING ROOM,LARGE DINING ROOM OPENING INTO A COURT YARD,AS AN ADDITIONAL PLACE FOR FAMILY & GUESTS ENTERTAINMENT GOURMET KITCHEN FEATURES A LARGE CENTER ISLAND,GRANITE COUNTER TOPS,TOP OF THE LINE SS WOLF APPLIANCES,ENDLESS STORAGE. ADJOINING CASUAL DINING,A FAMILY RM IS FACING THE B/YARD WITH AMAZING NATURAL LIGHT & MESMERIZING VIEWS!TWO DOWNSTAIRS GUEST BEDRMS PROVIDE AN OPPORTUNITY FOR A LONG TERM GUESTS FEEL WELCOMED,COMFORTABLE.THE UPSTAIRS HUGE BONUS RM IS A TOTALLY SEPARATE PLACE FOR A LIBRARY/ OFFICE, A LARGE MOVIE THEATER RM OR FOR ALL YOURS/ YOUR KIDS GUESTS TO HAVE A PLACE TO HAVE FUN! EZ TO GET ON/ OFF 101. 10 API JF SMITH AND CHABOYA

Last Agent to Sell the Property

Elena Johal

KW Bay Area Estates License #01167127 Listed on: 06/29/2016

KW Bay Area Estates

Last Buyer's Agent

Shanna Desai

Intero Real Estate Services License #01828662

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,546

Year Built

  • Built in 2005

Lot Details

  • 5,837 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Property Views

  • Panoramic
  • Downtown
  • Canyon
  • Mountain
  • Valley

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,690 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • 2 Fireplaces
  • Fireplace With Gas Starter
  • Formal Entry
  • Great Room
  • Formal Dining Room
  • Home Theater
  • Library
  • Bonus Room
  • Art Studio

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Walk-In Closet
  • 5 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Zoned Cooling and Heating System

Listing and Financial Details

  • Assessor Parcel Number 679-42-071

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, maintenance - common area
  • Ranch On Siver Creek Association
  • Built by community management

Amenities

  • Clubhouse
  • Meeting Room
  • Planned Social Activities

Recreation

  • Golf Course Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,546

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 11
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 500
  • Structure Sq Ft: 3690
  • Complex Name: community management
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Family Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: Pantry
  • Living Sq Ft: 3690
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile
  • Additional Rooms: Artist Studio, Bonus / Hobby Room, Formal Entry, Great Room, Laundry Room, Library, Media / Home Theater
  • Fireplaces Min: 2
  • Maximum Numberof Bedrooms: 6
  • Minimum Numberof Bedrooms: 6
  • Full Bathrooms: 5
  • Total Bedrooms: 6
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Canyon, City Lights, Downtown, Mountains, Panoramic, Valley

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 125
  • HOA Amenities: Club House, Conference Facilities, Golf Course, Organized Activities
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area
  • H O A Name Text: Ranch on Siver Creek
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Video / Audio System, Walk-in Closet

Schools

  • School District: East Side Union High
  • Elementary School: James Franklin Smith Elementary
  • Middle School: Chaboya Middle
  • High School: Silver Creek High
  • High School: 253
  • Elementary School: 1071
  • Middle School: 352

Lot Info

  • Lot Description: Views
  • Parcel Number: 679-42-071
  • Lot Acres: 0.1340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5837.04
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5837.04

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: James Franklin Smith Elementary
  • High School Text: Silver Creek High
  • Middle School Text: Chaboya Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 29, 2016
Closed on
Sep 21, 2016
Sold by
Patel Sameer and Patel Kajal
Bought by
Gadiraju Narasimham and Narasimham Vatsala
Seller's Agent
Elena Johal
KW Bay Area Estates
Buyer's Agent
Shanna Desai
Intero Real Estate Services
List Price
$1,650,000
Sold Price
$1,580,000
Premium/Discount to List
-$70,000
-4.24%
Current Estimated Value
$2,920,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,340,710
Avg. Annual Appreciation
7.17%
Original Mortgage
$1,264,000
Outstanding Balance
$1,023,847
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,897,625

Purchase Details

Closed on
Jul 25, 2007
Sold by
Yee Kevin S and Yee Mai T
Bought by
Patel Sameer and Patel Kajal

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,181,849
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2005
Sold by
Yee Kevin S and Chung Luong D
Bought by
Yee Kevin S and Yee Mai T

Purchase Details

Closed on
Aug 5, 2005
Sold by
Tieu Hoa Cam
Bought by
Chung Luong D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
5.56%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 8, 2005
Sold by
William Lyon Homes Inc
Bought by
Yee Kevin S and Chung Luong D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2004
Sold by
Hearthstone Multi Asset Entity A Lp
Bought by
William Lyon Homes Inc
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
Gadiraju Narasimham $1,580,000 Chicago Title Company
Patel Sameer $1,477,500 Old Republic Title Company
Yee Kevin S -- None Available
Chung Luong D -- First American Title Company
Yee Kevin S -- First American Title Company
Yee Kevin S $1,233,000 First American Title Company
William Lyon Homes Inc -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gadiraju Narasimham $1,264,000
Previous Owner Patel Sameer $1,181,849
Previous Owner Yee Kevin S $123,500
Previous Owner Yee Kevin S $123,500
Previous Owner Yee Kevin S $800,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2016 10/04/16 Sold $1,580,000 +2.0% $428 / Sq Ft
09/02/2016 09/02/16 Pending -- -- --
08/19/2016 08/19/16 Price Changed $1,549,000 -3.1% $420 / Sq Ft
07/29/2016 07/29/16 Price Changed $1,599,000 -3.1% $433 / Sq Ft
06/29/2016 06/29/16 For Sale $1,650,000 -- $447 / 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 $24,546 $1,833,720 $916,860 $916,860
2024 $24,546 $1,797,766 $898,883 $898,883
2023 $24,130 $1,762,516 $881,258 $881,258
2022 $24,038 $1,727,958 $863,979 $863,979
2021 $25,656 $1,694,078 $847,039 $847,039
2020 $24,694 $1,676,708 $838,354 $838,354
2019 $24,096 $1,643,832 $821,916 $821,916
2018 $24,035 $1,611,600 $805,800 $805,800
2017 $23,723 $1,580,000 $790,000 $790,000
2016 $21,588 $1,467,000 $595,800 $871,200
2015 $18,601 $1,228,000 $498,700 $729,300
2014 $16,157 $1,100,000 $446,800 $653,200
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2016

    Elena Johal

    KW Bay Area Estates

    Section Image

  • S

    Buyer's Agent in 2016

    Shanna Desai

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81592851

MLSListings

APN: 679-42-071

California Santa Clara County San Jose 95138 Silver Creek

1531 Silver Pond Ln, San Jose, CA

This home is located at 1531 Silver Pond Ln, San Jose, CA 95138 since 29 June 2016 and is currently estimated at $2,920,710, approximately $791 per square foot. This property was built in 2005. 1531 Silver Pond Ln is a home located in Santa Clara County with nearby schools including James Franklin Smith Elementary School, Chaboya Middle School, and Silver Creek High School.

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