NOT LISTED FOR SALE

Estimated Value: $561,708 - $837,000

2 Beds
2.5 Baths
1,727 Sq Ft
$551/mo HOA Fee

Last Sold December 13, 2019

Last sale price $1,150,000 $666 Per Sq Ft

Est. 38% decrease in value since last sale

Current estimated payment $4,929/month

60 Days on Market

Highlights

  • Fitness Center
  • 4-minute walk to St. James Station Northbound
  • High Ceiling
  • City Lights View
  • Wood Flooring
  • Granite Countertops

About This Home

As of December 2019

If you are looking for a penthouse-like* property with much more space (~1727 sf) than the typical Penthouse property in San Jose, then you have found your new home! *Expansive views from floor to ceiling windows, two patios etc. As you would expect from a 14th floor property, it has amazing views of the mountains and city. But there are a few significant details that make it extra special: The floorplan is open concept, great-room style but with room for formal dining. Ideal for entertaining. Along with the very spacious rooms, there is an extraordinary amount of storage available . The ~ 105sf walk in closet is not to be missed and neither are the wall to wall, floor to ceiling closets in the second bedroom. Two extra deep linen closets, coat closet and pantry all lend to the comfort and convenience offered at this property. The deeded, reserved, two car parking space is right off the elevator for easy access after big shopping trips.

Last Agent to Sell the Property

Michele Morrison

Christie's International Real Estate Sereno License #01262730 Listed on: 09/23/2019

Christie's International Real Estate Sereno

Last Buyer's Agent

Guadalupe Sanchez

KW Silicon City License #01367298

KW Silicon City

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,253

Year Built

  • 2006

Lot Details

  • 1,359

HOA Fees

  • $551 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking

Property Views

  • City Lights
  • Mountain

Home Design

  • Steel Frame

Interior Spaces

  • 1,727 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Dining Area
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Outdoor Features

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Thermostat

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, hot water, maintenance - common area, maintenance - exterior, management fee, reserves, roof, water / sewer
  • 124 Units
  • City Heights At Pellier Park HOA

Amenities

  • Trash Chute
  • Elevator

Recreation

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,253

Year Built

2006

Lot Details

0

HOA Fees

$551 per month

Parking

2

Listing Details

  • Zoning: CG
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 13
  • Listing Class: Residential
  • Maximum Unit Floor Number: 14
  • Max Numberof Unitsin Building: 124
  • Min Numberof Unitsin Complex: 124
  • Structure Sq Ft: 1727
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2006

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Electric, Pantry, Refrigerator
  • Living Sq Ft: 1727
  • Stories: 1
  • Security: Controlled / Secured Access, Fire Alarm, Fire System - Sprinkler, Secured Garage / Parking
  • Bedrooms: Walk-In Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile, Wood
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Granite, Primary - Stall Shower(s), Shower Over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Steel Frame
  • View: City Lights, Mountains
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Steel Frame

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: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: City Heights
  • HOA Fees: 551
  • HOA Amenities: Elevator, Gym / Exercise Facility, Trash Chute
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Hot Water, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: City Heights at Pellier Park HOA

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-In Closet

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.0312
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1361.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1361.00

Green Features

  • Energy Features: Low Flow Shower, Thermostat Controller

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 14
  • Minimum Building Height: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2019
Closed on
Dec 4, 2019
Sold by
Mitchell Bruce S
Bought by
Reichner Steven N and Reichner Jill Oishi
Seller's Agent
Michele Morrison
Christie's International Real Estate Sereno
Buyer's Agent
Guadalupe Sanchez
KW Silicon City
List Price
$1,350,000
Sold Price
$1,150,000
Premium/Discount to List
-$200,000
-14.81%
Current Estimated Value
$709,177

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$440,823
Avg. Annual Appreciation
-7.98%
Original Mortgage
$300,000
Outstanding Balance
$262,643
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$446,534

Purchase Details

Closed on
Jun 13, 2007
Sold by
City Heights Development L P
Bought by
Mitchell Bruce S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,773
Interest Rate
4.34%
Mortgage Type
FHA
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
Reichner Steven N $1,150,000 Chicago Title Company
Mitchell Bruce S $719,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reichner Steven N $300,000
Previous Owner Mitchell Bruce S $700,773
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2019 12/13/19 Sold $1,150,000 -8.0% $666 / Sq Ft
11/23/2019 11/23/19 Pending -- -- --
10/14/2019 10/14/19 Price Changed $1,250,000 -7.4% $724 / Sq Ft
09/23/2019 09/23/19 For Sale $1,350,000 -- $782 / 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 $7,253 $592,888 $296,444 $296,444
2024 $7,253 $581,264 $290,632 $290,632
2023 $7,119 $569,868 $284,934 $284,934
2022 $7,075 $558,696 $279,348 $279,348
2021 $6,947 $547,742 $273,871 $273,871
2020 $6,832 $542,126 $271,063 $271,063
2019 $8,842 $715,000 $357,500 $357,500
2018 $8,733 $698,000 $349,000 $349,000
2017 $7,749 $607,300 $303,600 $303,700
2016 $7,461 $584,000 $292,000 $292,000
2015 $4,971 $376,000 $188,000 $188,000
2014 -- $387,000 $193,500 $193,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81769682

MLSListings

APN: 259-57-112