NOT LISTED FOR SALE

1588 Heritage Bay Dr Unit 12 San Jose, CA 95138

Silver Creek Neighborhood

Estimated Value: $2,228,000 - $2,574,000

5 Beds
3.5 Baths
3,090 Sq Ft
$790/Sq Ft Est. Value

Last Sold April 07, 2020

Last sale price $1,505,000 $487 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $15,490/month

42 Days on Market

Highlights

  • City Lights View
  • Fireplace in Primary Bedroom
  • Wood Flooring
  • James Franklin Smith Elementary School Rated A-
  • Traditional Architecture
  • High Ceiling

About This Home

As of April 2020

Immaculate former model home with panoramic mountain & city views located in the distinctive Silver Creek Valleys Ranch Golf Community. This home offers an open and inviting floor plan that boasts vaulted ceilings and plenty of natural light. The chef's kitchen is perfect for entertaining, featuring stainless steel appliances, quartz countertops, and breakfast bar. Spacious master suite w/walk-in his and her closet. An attached two-car garage provides extra storage and your own laundry area for washer and dryer. Perfectly located near Hellyer County Park, grocery & retail shopping, and restaurants. And just minutes away from major freeways for commuting up and down the Peninsula with ease. Highly rated schools!

Last Agent to Sell the Property

Laila Fields

Christie's International Real Estate Sereno License #01413576 Listed on: 01/21/2020

Christie's International Real Estate Sereno

Last Buyer's Agent

Cristina Gonzalez

KW Bay Area Estates License #01735945

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,967

Year Built

  • 2004

Lot Details

  • 3,872 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Canyon
  • Mountain

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,090 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • High Ceiling
  • Skylights
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Utility Room
  • Laundry in unit

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Fireplace in Primary Bedroom
  • Bathtub with Shower

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include insurance - common area, landscaping / gardening, reserves
  • The Ranch Association

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,967

Year Built

2004

Lot Details

0

HOA Fees

$385 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 16
  • Listing Class: Residential
  • Structure Sq Ft: 3090
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2004

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Primary Bedroom
  • Dining Room: Breakfast Bar, Breakfast Nook, Dining Area In Living Room
  • Kitchen: Dishwasher, Hookups - Gas, Microwave, Oven - Built-In, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 3090
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Den / Study / Office, Formal Entry, Utility Room
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Showers Over Tubs - 2+, Tubs - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Canyon, City Lights, Mountains
  • Yard/Grounds: Balcony / Patio, Fenced, Sprinklers - Auto

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 385
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Reserves
  • HOA Exist: Yes
  • H O A Name Text: The Ranch

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Wet Bar

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 Acres: 0.0889
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3872.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3872.00

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Mar 17, 2020
Sold by
Lee Jung H
Bought by
Shamsundar Abhiram Madhugiri and Muddukrishna Bhavana
Seller's Agent
Laila Fields
Christie's International Real Estate Sereno
Buyer's Agent
Cristina Gonzalez
KW Bay Area Estates
List Price
$1,649,000
Sold Price
$1,505,000
Premium/Discount to List
-$144,000
-8.73%
Total Days on Market
42
Current Estimated Value
$2,440,919

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$935,919
Avg. Annual Appreciation
9.35%
Original Mortgage
$1,204,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2013
Sold by
The Hoa Dang Revocable Trust and Dang Hoa
Bought by
Dang Hoa

Purchase Details

Closed on
Oct 3, 2011
Sold by
Lee Andrew P and Lippard Rachel
Bought by
Lee Jung H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$622,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 17, 2007
Sold by
Sirva Relocation Llc
Bought by
Lee Andrew P and Lippard Rachel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 2007
Sold by
St Cyr Kenneth L and St Cyr Catherine D
Bought by
Sirva Relocation Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$996,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2004
Sold by
William Lyon Homes Inc
Bought by
Stcyr Kenneth L and Stcyr Catherine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$912,200
Interest Rate
5.25%
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
Shamsundar Abhiram Madhugiri $1,505,000 Chicago Title Company
Dang Hoa -- None Available
Lee Jung H $900,000 First American Title Company
Lee Andrew P $1,245,000 Stewart Title Guaranty Co
Sirva Relocation Llc $1,245,000 Stewart Title Guaranty Co
Stcyr Kenneth L -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamsundar Abhiram Madhugiri $1,179,500
Closed Shamsundar Abhiram Madhugiri $150,000
Closed Shamsundar Abhiram Madhugiri $1,204,000
Previous Owner Lee Jung H $500,000
Previous Owner Lee Jung H $280,000
Previous Owner Lee Jung H $0
Previous Owner Lee Jung $0
Previous Owner Lee Jung H $622,000
Previous Owner Lee Andrew P $996,000
Previous Owner St Cyr Kenneth L $100,000
Previous Owner St Cyr Kenneth L $100,000
Previous Owner Stcyr Kenneth L $912,200
Closed Stcyr Kenneth L $60,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/07/2020 04/07/20 Sold $1,505,000 +0.4% $487 / Sq Ft
03/04/2020 03/04/20 Pending -- -- --
02/26/2020 02/26/20 Price Changed $1,499,000 -6.3% $485 / Sq Ft
02/07/2020 02/07/20 Price Changed $1,599,000 -3.0% $517 / Sq Ft
01/21/2020 01/21/20 For Sale $1,649,000 -- $534 / 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 $21,967 $1,645,934 $1,152,155 $493,779
2024 $21,967 $1,613,662 $1,129,564 $484,098
2023 $21,601 $1,582,022 $1,107,416 $474,606
2022 $21,516 $1,551,002 $1,085,702 $465,300
2021 $22,758 $1,520,591 $1,064,414 $456,177
2020 $15,893 $1,033,646 $516,823 $516,823
2019 $15,497 $1,013,380 $506,690 $506,690
2018 $15,455 $993,510 $496,755 $496,755
2017 $15,259 $974,030 $487,015 $487,015
2016 $14,619 $954,932 $477,466 $477,466
2015 $14,455 $940,590 $470,295 $470,295
2014 $13,430 $922,166 $461,083 $461,083
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81779725

MLSListings

APN: 679-41-055