NOT LISTED FOR SALE

1538 E San Fernando St San Jose, CA 95116

Little Portugal Neighborhood

Estimated Value: $851,000 - $1,042,525

3 Beds
1 Bath
1,196 Sq Ft
$789/Sq Ft Est. Value

Last Sold July 19, 2024

Last sale price $1,010,000 $844 Per Sq Ft

Est. 7% decrease in value since last sale

Current estimated payment $5,382/month

16 Days on Market

Highlights

  • 0.24 Acre Lot
  • Fireplace
  • Separate Family Room
  • Wood Flooring
  • Forced Air Heating System
  • Dining Area

About This Home

As of July 2024

Uncover the potential of 1538 E San Fernando St an exceptional investment opportunity where the true value lies in the land. Situated on an expansive lot exceeding 10,000 sqft, this property presents the perfect canvas to realize your vision and build your dreams. With the option to build a new, take advantage of SB-9 legislation, or add an ADU, the possibilities are boundless. Imagine crafting a custom residence tailored to your exact specifications, or maximizing rental income potential through additional units the choice is yours. The existing home, a 3 bedroom, 2.5 bathroom dwelling spanning 1,200 square feet, offers more than just shelter; it opens doors to financing opportunities. Whether you're an investor seeking to capitalize on the burgeoning San Jose market or a homeowner envisioning your ideal living space, this property provides a solid foundation for your ambitions. Nestled in a desirable locale, residents will appreciate the convenience of nearby amenities, including shopping, dining and parks. Commuters will also benefit from easy access to major highways and public transportation. Don't miss the chance to seize this rare investment gem. Make your mark on the thriving San Jose landscape and embark on a journey towards realizing your real estate aspirations.

Last Agent to Sell the Property

Steven Wen

Keller Williams Thrive License #02024615 Listed on: 05/07/2024

Keller Williams Thrive

Last Buyer's Agent

Steven Wen

Keller Williams Thrive License #02024615 Listed on: 05/07/2024

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,306

Year Built

  • Built in 1910

Lot Details

  • 10,454 Sq Ft Lot
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Zoning described as R1-8

Parking

  • Off-Site Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,196 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Separate Family Room
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 481-14-047

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,306

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1196
  • Year Built: 1910
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1196
  • Stories: 2
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Site Parking, Room for Oversized Vehicle

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Possible Lot Split
  • Parcel Number: 481-14-047
  • Lot Acres: 0.2400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10454.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10454.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 4, 2025
Sold by
7A Holdings Llc
Bought by
Kellogg & Kay Llc
Current Estimated Value
$943,881

Purchase Details

Listed on
May 7, 2024
Closed on
Jul 15, 2024
Sold by
Tsai/Wu Family Trust and Tsai Benjamin
Bought by
7A Holdings Llc
Seller's Agent
Steven Wen
Keller Williams Thrive
Buyer's Agent
Steven Wen
Keller Williams Thrive
List Price
$988,000
Sold Price
$1,010,000
Premium/Discount to List
$22,000
2.23%
Views
7

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-5.19%
Original Mortgage
$993,750
Interest Rate
6.99%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 26, 2023
Sold by
Tsai/Wu Family Trust
Bought by
Tsai/Wu Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2009
Sold by
Wells Fargo Bank Na
Bought by
Tsai Benjamin and Wu Lily

Purchase Details

Closed on
Dec 23, 2008
Sold by
Garcia Arturo and Garcia Victoria
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Dec 10, 2003
Sold by
Rose Marie
Bought by
Garcia Arturo and Garcia Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Kellogg & Kay Llc $202,000 Accommodation/Courtesy Recordi
7A Holdings Llc $1,010,000 Old Republic Title
Tsai/Wu Family Trust -- Old Republic Title
Tsai Benjamin $154,000 Chicago Title Company
Wells Fargo Bank Na $196,882 None Available
Garcia Arturo $300,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 7A Holdings Llc $993,750
Previous Owner Tsai/Wu Family Trust $450,000
Previous Owner Garcia Arturo $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/19/2024 07/19/24 Sold $1,010,000 +2.2% $844 / Sq Ft
05/23/2024 05/23/24 Pending -- -- --
05/07/2024 05/07/24 For Sale $988,000 -- $826 / 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 $5,306 $1,010,000 $656,500 $353,500
2024 $5,306 $252,484 $201,991 $50,493
2023 $5,306 $247,534 $198,031 $49,503
2022 $5,061 $242,682 $194,149 $48,533
2021 $4,871 $237,925 $190,343 $47,582
2020 $4,658 $235,487 $188,392 $47,095
2019 $4,503 $230,871 $184,699 $46,172
2018 $4,420 $226,345 $181,078 $45,267
2017 $3,852 $221,908 $177,528 $44,380
2016 $3,707 $217,558 $174,048 $43,510
2015 $3,670 $214,291 $171,434 $42,857
2014 $3,247 $210,094 $168,076 $42,018
Source: Public Records

Agents Affiliated with this Home

  • Steven Wen

    Seller's Agent in 2024

    Steven Wen

    Keller Williams Thrive

    (408) 560-8963

    1 in this area

    90 Total Sales

    Steven Wen
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Map

Source: MLSListings

MLS Number: ML81955604

MLSListings

APN: 481-14-047

California Santa Clara County San Jose 95116 Little Portugal

1538 E San Fernando St, San Jose, CA

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