NOT LISTED FOR SALE

1616 Heritage Bay Ct Unit 5 San Jose, CA 95138

Silver Creek Neighborhood

Estimated Value: $2,285,000 - $2,711,000

4 Beds
3.5 Baths
3,090 Sq Ft
$829/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $1,035,000 $335 Per Sq Ft

Est. 148% increase in value since last sale

Current estimated payment $15,362/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Mediterranean Architecture
  • James Franklin Smith Elementary School Rated A-
  • Wood Flooring
  • Den

About This Home

As of July 2013

Gorgeous home at The Ranch loaded with upgrades. Home is in excellent condition. This luxuriously appointed home shines with pride. Too many upgrades to list, must see to appreciate. Views of city lights and the mountains. Lots of fruit trees. Office could be used as a 5th bedroom. Top rated schools. Lots of square footage for the price.

Last Agent to Sell the Property

Sandy Jamison

Tuscana Properties License #01416124 Listed on: 06/19/2013

Last Buyer's Agent

Eugene Korsunsky

Intempus Realty License #01795317

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,177

Year Built

  • Built in 2005

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Property Views

  • City Lights
  • Mountain
  • Garden
  • Neighborhood

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 3,090 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Security System Owned
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Heating System Uses Natural Gas
  • 220 Volts
  • Tankless Water Heater
  • Sewer Within 50 Feet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Ranch On Silver Creek Subassociation Association

Listing and Financial Details

  • Assessor Parcel Number 679-41-048

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,177

Year Built

Built in 2005

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 8
  • Sale Price Per Sq Ft: 334.95
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 3090
  • Incorporated: Yes
  • Map Book Page: 855
  • Map Side Coordinate: 6
  • Map Top Coordinate: C
  • Thomas Bros Page: 855
  • Thomas Brothers: C6
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook
  • Kitchen: Pantry, Dishwasher, Cooktop, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 3090
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall, Wood
  • Additional Rooms: Den / Study / Office
  • Maximum Bathrooms: 4
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Garden / Greenbelt, Mountains, Local/Neighborhood, City Lights
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Gas - Natural, Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Built-in Vacuum

Condo/Co-op/Association

  • HOA Fees: 290
  • H O A Name Text: Ranch on Silver Creek SubAssociation
  • 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: 679-41-048
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 345.95
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6218.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6218.00
  • Lot Size Area Min Search: 6218.00
  • Maximum Lot Size: 6218.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

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
Jun 19, 2013
Closed on
Jul 24, 2013
Sold by
Singh Gurjit and Kaur Jasvinder
Bought by
Pakrasi Abanti B and Pakrasi Joyjeet
Seller's Agent
Sandy Jamison
Tuscana Properties
Buyer's Agent
Eugene Korsunsky
Intempus Realty
List Price
$1,069,000
Sold Price
$1,035,000
Premium/Discount to List
-$34,000
-3.18%
Current Estimated Value
$2,561,681

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,526,681
Avg. Annual Appreciation
7.78%
Original Mortgage
$700,000
Interest Rate
3.41%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 11, 2004
Sold by
Hearthstone Multi Asset Entity A Lp
Bought by
William Lyon Homes Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,543
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 14, 2004
Sold by
William Lyon Homes Inc
Bought by
Singh Gurjit and Kaur Jasvinder

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$741,543
Interest Rate
1%
Mortgage Type
Negative Amortization
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
Pakrasi Abanti B $1,035,000 Stewart Title Of California
William Lyon Homes Inc -- First American Title Company
Singh Gurjit $989,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pakrasi Abanti B $597,500
Closed Pakrasi Abanti B $684,500
Closed Pakrasi Abanti B $700,000
Previous Owner Singh Gurjit $794,000
Previous Owner Singh Gurjit $239,206
Previous Owner Singh Gurjit $741,543
Closed Singh Gurjit $148,309
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2013 07/31/13 Sold $1,035,000 -3.2% $335 / Sq Ft
06/29/2013 06/29/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $1,069,000 -- $346 / 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 $17,177 $1,268,754 $634,377 $634,377
2024 $17,177 $1,243,878 $621,939 $621,939
2023 $16,881 $1,219,490 $609,745 $609,745
2022 $16,807 $1,195,580 $597,790 $597,790
2021 $18,097 $1,172,138 $586,069 $586,069
2020 $17,412 $1,160,120 $580,060 $580,060
2019 $16,980 $1,137,374 $568,687 $568,687
2018 $16,930 $1,115,074 $557,537 $557,537
2017 $16,710 $1,093,210 $546,605 $546,605
2016 $16,001 $1,071,776 $535,888 $535,888
2015 $15,819 $1,055,678 $527,839 $527,839
2014 $14,744 $1,035,000 $517,500 $517,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2013

    Sandy Jamison

    Tuscana Properties

    Section Image
  • Eugene Korsunsky

    Buyer's Agent in 2013

    Eugene Korsunsky

    Intempus Realty

    (669) 242-7503

    39 Total Sales

    Eugene Korsunsky
    Section Image
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Map

Source: MLSListings

MLS Number: ML81321998

MLSListings

APN: 679-41-048

California Santa Clara County San Jose 95138 Silver Creek

1616 Heritage Bay Ct Unit 5, San Jose, CA

This home is located at 1616 Heritage Bay Ct Unit 5, San Jose, CA 95138 since 19 June 2013 and is currently estimated at $2,561,681, approximately $829 per square foot. This property was built in 2005. 1616 Heritage Bay Ct Unit 5 is a home located in Santa Clara County with nearby schools including James Franklin Smith Elementary School, Chaboya Middle School, and Silver Creek High School.

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