NOT LISTED FOR SALE

1598 Heritage Bay Dr Unit 14 San Jose, CA 95138

Silver Creek Neighborhood

Estimated Value: $2,003,000 - $2,659,000

5 Beds
4.5 Baths
3,090 Sq Ft
$791/Sq Ft Est. Value

Last Sold June 29, 2015

Last sale price $1,265,000 $409 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $14,921/month

27 Days on Market

Highlights

  • Wood Flooring
  • Breakfast Area or Nook
  • Walk-In Closet
  • James Franklin Smith Elementary School Rated A-
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of June 2015

Beautiful and elegant model home with panoramic mountain & city views located in most desirable quiet and peaceful Silver Creek Valley’s Ranch Golf Community, High-end upgrades including quartz counter tops, walnut flooring. Recently remodeled bathrooms with granite counter tops and tiles, Lower level bedroom with attached full bathroom. Spacious master suite w/walk-in his and her closet. Top schools, including Smith Elementary (API 961) and Chaboya Middle (API 950).

Last Agent to Sell the Property

Srinivasa Thotakura

Maxreal Property License #01744033 Listed on: 04/28/2015

Co-Listed By

Suresh Nallapati

Maxreal Property License #01928790

Maxreal Property

Last Buyer's Agent

Suresh Nallapati

Maxreal Property License #01928790

Maxreal Property

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,401

Year Built

  • Built in 2004

Lot Details

  • 4,356 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,090 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Formal Entry
  • Combination Dining and Living Room
  • Alarm System

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Gas Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, maintenance - exterior, management fee, roof
  • Community Management Association
  • Built by Ranch on SilverCreek HOA

Listing and Financial Details

  • Assessor Parcel Number 679-41-057

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,401

Year Built

Built in 2004

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 11
  • Listing Class: Residential
  • Structure Sq Ft: 3090
  • Complex Name: Ranch on SilverCreek HOA
  • Incorporated: Yes
  • Year Built: 2004
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Dining Area, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Other, Dishwasher, Garbage Disposal, Pantry
  • Living Sq Ft: 3090
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Shower and Tub, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

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 - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 341
  • Association Fees Include: Common Area Electricity, Common Area Gas, Maintenance - Exterior, Management Fee, Roof
  • H O A Name Text: Community Management
  • H O A Exist: Yes

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

  • Parcel Number: 679-41-057
  • Lot Acres: 0.1000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4356.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4356.00

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
Apr 28, 2015
Closed on
Jun 26, 2015
Sold by
Gaddam Mithun and Gaddipati Sailaja
Bought by
Damojipurapu Madhavarao and Damojipurapu Madhavi
Seller's Agent
Srinivasa Thotakura
Maxreal Property
Buyer's Agent
Suresh Nallapati
Maxreal Property
List Price
$1,199,000
Sold Price
$1,265,000
Premium/Discount to List
$66,000
5.5%
Current Estimated Value
$2,445,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,180,437
Avg. Annual Appreciation
6.67%
Original Mortgage
$898,150
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Feb 11, 2012
Closed on
May 18, 2012
Sold by
Lawrence Robert Sean and Lawrence Dina
Bought by
Gaddam Mithun and Gaddipati Sailaja
Seller's Agent
Michelle Thompson
Compass
Buyer's Agent
Srinivasa Thotakura
Maxreal Property
List Price
$910,000
Sold Price
$895,000
Premium/Discount to List
-$15,000
-1.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.81%
Original Mortgage
$716,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 16, 2006
Sold by
Lawrence Robert Sean and Lawrence Dina E
Bought by
Lawrence Robert Sean and Lawrence Dina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$854,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2004
Sold by
William Lyon Homes Inc
Bought by
Lawrence Robert Sean and Lawrence Dina E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$757,800
Interest Rate
4.02%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Damojipurapu Madhavarao $1,265,000 Chicago Title Company
Gaddam Mithun $895,000 Old Republic Title Company
Lawrence Robert Sean -- Commonwealth Land Title
Lawrence Robert Sean $1,010,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Damojipurapu Madhavarao $790,000
Closed Damojipurapu Madhavarao $898,150
Previous Owner Gaddam Mithun $716,000
Previous Owner Lawrence Robert Sean $854,000
Previous Owner Lawrence Robert Sean $87,740
Previous Owner Lawrence Robert Sean $757,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/29/2015 06/29/15 Sold $1,265,000 +5.5% $409 / Sq Ft
05/25/2015 05/25/15 Pending -- -- --
04/28/2015 04/28/15 For Sale $1,199,000 +34.0% $388 / Sq Ft
05/25/2012 05/25/12 Sold $895,000 -1.6% $290 / Sq Ft
03/15/2012 03/15/12 Pending -- -- --
02/11/2012 02/11/12 For Sale $910,000 -- $294 / 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 $20,401 $1,520,326 $760,163 $760,163
2024 $20,401 $1,490,516 $745,258 $745,258
2023 $20,059 $1,461,292 $730,646 $730,646
2022 $19,978 $1,432,640 $716,320 $716,320
2021 $21,237 $1,404,550 $702,275 $702,275
2020 $20,423 $1,390,150 $695,075 $695,075
2019 $19,926 $1,362,894 $681,447 $681,447
2018 $19,865 $1,336,172 $668,086 $668,086
2017 $19,604 $1,309,974 $654,987 $654,987
2016 $18,761 $1,284,290 $642,145 $642,145
2015 $14,301 $935,366 $467,683 $467,683
2014 $13,280 $917,044 $458,522 $458,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81462372

MLSListings

APN: 679-41-057