NOT LISTED FOR SALE

1611 Mercado Way San Jose, CA 95131

Estimated Value: $1,057,000 - $1,161,081

2 Beds
2.5 Baths
1,481 Sq Ft
$740/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $1,115,000 $753 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,275/month

8 Days on Market

Highlights

  • Contemporary Architecture
  • End Unit
  • Home Office
  • Vinci Park Elementary School Rated A-
  • Stone Countertops
  • 2 Car Attached Garage

About This Home

As of September 2021

Gorgeous Townhouse Style Condo w/ Desirable 2 Suites Floorplan. Open Living Room w/ Big Windows Allowing Lots of Sunlight. Gourmet Kitchen Features Quartz Countertop & Tile Full Backsplash, Ample of Cabinets for Storage, Large Pantry, 4-Burner Gas Cooktop, Built-in Oven & Stainless Steel Appliances. Spacious Master Suite Features Big Windows & Balcony to Enjoy the Sunlight, Large Walk-in Closets; Double Sink Vanity, Shower Over Bathtub, Tile Flooring in Master Bathroom. Laminate Flooring Throughout. Central Heating & Air Conditioning System. Convenient in Unit Laundry. Double-Pane Windows Throughout. Attached 2-Car Garage Offers Side-by-Side Parking. Big Balconies Low HOA $90 Monthly. Convenient Location– Minutes to Restaurants, Shops, Parks, Bus Station, BART Station. Easy Access to Freeway I-680 & 101 Close to Tech Giants: Google, Microsoft, Cisco, eBay, and More. A must see!

Last Agent to Sell the Property

Stephen Lin

License #01907182 Listed on: 08/11/2021

Last Buyer's Agent

JIA LI

Gemstone Estate, Inc. License #01837634

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,690

Year Built

  • Built in 2014

Lot Details

  • 1,700 Sq Ft Lot
  • End Unit

HOA Fees

  • $90 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Side by Side Parking
  • Garage Door Opener
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 3-Story Property
  • Home Office

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry closet
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 24143070

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, hazard insurance, management fee, reserves
  • 88 Units
  • Not Listed Association, Phone Number (800) 428-5588
  • Berryessa Subdivision
  • Greenbelt

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,690

Year Built

Built in 2014

Lot Details

0

HOA Fees

$90 per month

Parking

2

Listing Details

  • Year Built: 2014
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Subdivision Name: BERRYESSA
  • Directions: Berryessa Rd->Sierra Rd->Mercardo Way
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Three or More Stories
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: VirtualTour

Interior Features

  • Flooring: Laminate, Tile
  • Appliances: Dishwasher, Disposal, Gas Range, Range, Refrigerator, Dryer, Washer, Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Office, Storage, Breakfast Bar, Stone Counters, Kitchen Island, Pantry
  • Window Features: Window Coverings
  • Room Kitchen Features: Breakfast Bar, Counter - Stone, Dishwasher, Garbage Disposal, Gas Range/Cooktop, Island, Pantry, Range/Oven Built-in, Refrigerator

Exterior Features

  • Roof: Shingle
  • Lot Features: No Lot
  • Pool Features: None
  • Pool Private: No
  • Common Walls: End Unit
  • Construction Type: Stucco
  • Exterior Features: Unit Faces Street
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, On Street, Side By Side, Garage Door Opener

Utilities

  • Heating: Forced Air, Natural Gas
  • Utilities: All Public Utilities, Natural Gas Connected, Individual Electric Meter, Individual Gas Meter
  • Cooling: Central Air
  • Laundry Features: Dryer, Laundry Closet, Washer
  • Security: Fire Alarm, Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Greenbelt
  • Association Fee: 90
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 800-428-5588
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Hazard Insurance, Management Fee, Reserves

Lot Info

  • Lot Size Sq Ft: 1700
  • Parcel Number: 24143070
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 11, 2021
Closed on
Sep 15, 2021
Sold by
Liu Man Kin and Chiu Wai Ki
Bought by
Cao Liang
Seller's Agent
Stephen Lin
Buyer's Agent
JIA LI
Gemstone Estate, Inc.
List Price
$949,000
Sold Price
$1,115,000
Premium/Discount to List
$166,000
17.49%
Current Estimated Value
$1,096,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$18,980
Avg. Annual Appreciation
-0.43%
Original Mortgage
$800,000
Outstanding Balance
$730,062
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$365,958

Purchase Details

Closed on
Dec 31, 2018
Sold by
Liu Men Kin and Chiu Wai Ki
Bought by
Liu Man Kin and Chiu Wai Ki

Purchase Details

Listed on
Oct 1, 2018
Closed on
Oct 19, 2018
Sold by
Fu Tianyu
Bought by
Liu Man Kin and Chiu Wai Ki
Seller's Agent
Coco Tan
Keller Williams Realty-Silicon Valley
Buyer's Agent
Stephen Lin
Everhome
List Price
$899,888
Sold Price
$920,000
Premium/Discount to List
$20,112
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.59%
Original Mortgage
$400,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 5, 2015
Sold by
Kb Home South Bay Inc
Bought by
Fu Tianyu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.66%
Mortgage Type
New Conventional
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
Cao Liang $1,115,000 Chicago Title Company
Liu Man Kin -- None Available
Liu Man Kin $920,000 First American Title Co
Fu Tianyu $683,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cao Liang $800,000
Previous Owner Liu Man Kin $379,000
Previous Owner Liu Man Kin $380,800
Previous Owner Liu Man Kin $393,590
Previous Owner Liu Man Kin $400,000
Previous Owner Fu Tianyu $530,000
Previous Owner Fu Tianyu $540,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $1,115,000 -- --
09/17/2021 09/17/21 Sold $1,115,000 +17.5% $753 / Sq Ft
08/19/2021 08/19/21 Pending -- -- --
08/11/2021 08/11/21 For Sale $949,000 +3.2% $641 / Sq Ft
10/24/2018 10/24/18 Sold $920,000 +2.2% $621 / Sq Ft
10/09/2018 10/09/18 Pending -- -- --
10/01/2018 10/01/18 For Sale $899,888 -- $608 / Sq Ft
Source: Bay East Association of REALTORS®

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 $14,690 $1,060,000 $530,000 $530,000
2024 $14,690 $1,050,000 $525,000 $525,000
2023 $15,842 $970,000 $485,000 $485,000
2022 $15,842 $1,115,000 $557,500 $557,500
2021 $13,246 $934,000 $467,000 $467,000
2020 $12,508 $897,000 $448,500 $448,500
2019 $12,620 $920,000 $460,000 $460,000
2018 $10,118 $720,904 $369,691 $351,213
2017 $10,182 $706,770 $362,443 $344,327
2016 $9,781 $692,913 $355,337 $337,576
2015 $5,208 $321,087 $127,497 $193,590
2014 $1,799 $125,000 $125,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40962753

Bay East Association of REALTORS®

APN: 241-43-070