NOT LISTED FOR SALE

162 Nexus Loop San Jose, CA 95110

Downtown San Jose Neighborhood

Estimated Value: $1,174,000 - $1,216,000

3 Beds
3 Baths
1,589 Sq Ft
$309/mo HOA Fee

Last Sold March 13, 2024

Last sale price $1,170,000 $736 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,879/month

31 Days on Market

Highlights

  • Primary Bedroom Suite
  • High Ceiling
  • Open to Family Room
  • Main Floor Bedroom
  • Quartz Countertops
  • 2 Car Attached Garage

About This Home

As of March 2024

Welcome to 162 Nexus Loop, a modern and elegant end unit townhome-style condo with tasteful upgrades. Convenient ground floor bedroom with a full bathroom and two car garage with storage space. Bright and spacious open living room and kitchen that is perfect for hosting. High ceilings with large windows create grandeur and a contemporary atmosphere. Water softener, LED recessed lighting, multi-zone heating and A/C, equipped with ample storage space throughout the unit. Primary ensuite with modern bathroom finishes and a walk-in closet. Close proximity to restaurants, shopping, and San Pedro square, with easy access to HW 87, 101, and 280. This is a must see!

Last Agent to Sell the Property

Mark Cernan

Compass License #02086871 Listed on: 01/18/2024

Compass

Last Buyer's Agent

Annie Min Peng

Rainwood Inc License #01408238

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,697

Year Built

  • Built in 2019

Lot Details

  • Southeast Facing Home

HOA Fees

  • $309 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Reinforced Concrete Foundation

Interior Spaces

  • 1,589 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 259-62-022

Community Details

Overview

  • Association fees include garbage, insurance - structure, landscaping / gardening, maintenance - common area, management fee
  • 16 Units
  • Sp78 Association
  • Built by SP78

Pet Policy

  • Dogs and Cats Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,697

Year Built

Built in 2019

Lot Details

0

HOA Fees

$309 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Cats Permitted, Pets - Dogs Permitted
  • Age: 5
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 2
  • Min Numberof Unitsin Complex: 16
  • Structure Sq Ft: 1589
  • Complex Name: SP78
  • Year Built: 2019
  • Zoning Description: DC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Refrigerator
  • Living Sq Ft: 1589
  • Stories: 3
  • Bedrooms: Ground Floor Bedroom, Primary Suite / Retreat
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Reinforced Concrete
  • Property Faces: Southeast

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 309
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Management Fee
  • H O A Name Text: SP78
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 259-62-022

Multi Family

  • Utilities: Individual Gas Meters, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 18, 2024
Closed on
Mar 5, 2024
Sold by
Sethuram Sanjay and Sethuram Mandeep
Bought by
Tsai Wen-Chieh
Seller's Agent
Mark Cernan
Compass
Buyer's Agent
Annie Min Peng
Rainwood Inc
List Price
$1,250,000
Sold Price
$1,170,000
Premium/Discount to List
-$80,000
-6.4%
Views
60
Current Estimated Value
$1,196,646

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,646
Avg. Annual Appreciation
1.44%
Original Mortgage
$750,000
Outstanding Balance
$737,525
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$459,121
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
Tsai Wen-Chieh $1,170,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsai Wen-Chieh $750,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2024 03/13/24 Sold $1,170,000 -2.5% $736 / Sq Ft
02/18/2024 02/18/24 Pending -- -- --
02/04/2024 02/04/24 Price Changed $1,200,000 -4.0% $755 / Sq Ft
01/18/2024 01/18/24 For Sale $1,250,000 -- $787 / 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 $14,697 $1,193,400 $596,700 $596,700
2024 $14,697 $1,327,825 $663,912 $663,913
2023 $16,215 $1,301,791 $650,895 $650,896
2022 $16,385 $1,276,267 $638,133 $638,134
2021 $14,890 $1,251,243 $625,621 $625,622
2020 $14,629 $1,238,415 $619,207 $619,208
Source: Public Records

Agents Affiliated with this Home

  • Mark Cernan

    Seller's Agent in 2024

    Mark Cernan

    Compass

    (408) 676-6711

    1 in this area

    24 Total Sales

    Mark Cernan
    Section Image
  • Annie Min Peng

    Buyer's Agent in 2024

    Annie Min Peng

    Rainwood Inc

    (408) 821-8588

    2 in this area

    22 Total Sales

    Annie Min Peng
    Section Image
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Map

Source: MLSListings

MLS Number: ML81951255

MLSListings

APN: 259-62-022

California Santa Clara County San Jose 95110 Downtown San Jose

162 Nexus Loop, San Jose, CA

This home is located at 162 Nexus Loop, San Jose, CA 95110 since 18 January 2024 and is currently estimated at $1,196,646, approximately $753 per square foot. This property was built in 2019. 162 Nexus Loop is a home located in Santa Clara County with nearby schools including Grant Elementary School, Herbert Hoover Middle School, and Abraham Lincoln High.

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