NOT LISTED FOR SALE

1583 Mercado Way San Jose, CA 95131

Estimated Value: $1,472,900 - $1,638,000

3 Beds
3 Baths
1,775 Sq Ft
$876/Sq Ft Est. Value

About This Home

This home is located at 1583 Mercado Way, San Jose, CA 95131 and is currently estimated at $1,555,225, approximately $876 per square foot. 1583 Mercado Way is a home with nearby schools including Vinci Park Elementary School, Morrill Middle School, and Independence High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 6, 2014
Sold by
Kb Home South Bay Inc
Bought by
Teh Tsai Family Trust
Current Estimated Value
$1,555,225

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$307,432
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,247,793
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Teh Tsai Family Trust $728,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Teh Tsai Family Trust $417,000
Source: Public Records

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 $12,412 $874,821 $437,469 $437,352
2024 $12,412 $857,669 $428,892 $428,777
2023 $12,197 $840,853 $420,483 $420,370
2022 $12,152 $824,367 $412,239 $412,128
2021 $11,771 $808,204 $404,156 $404,048
2020 $11,416 $799,917 $400,012 $399,905
2019 $10,987 $784,233 $392,169 $392,064
2018 $10,837 $768,857 $384,480 $384,377
2017 $10,908 $753,783 $376,942 $376,841
2016 $10,479 $739,003 $369,551 $369,452
2015 $10,359 $727,903 $364,000 $363,903
2014 $1,832 $125,000 $125,000 $0
Source: Public Records

Map

California Santa Clara County San Jose 95131

1583 Mercado Way, San Jose, CA

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