NOT LISTED FOR SALE

186 Velocity Way Unit 186 San Jose, CA 95110

Downtown San Jose Neighborhood

Estimated Value: $1,105,000 - $1,427,000

3 Beds
3 Baths
1,635 Sq Ft
$250/mo HOA Fee

Last Sold March 29, 2022

Last sale price $1,375,000 $841 Per Sq Ft

Est. 9% decrease in value since last sale

Current estimated payment $8,178/month

61 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Main Floor Bedroom
  • City Lights View
  • Wood Flooring
  • Marble Countertops

About This Home

As of March 2022

Gorgeous & extremely rare 1,635 SQFT upgraded Downtown San Jose residence w/ three enormous suites & three full baths built by Trumark Homes! Enjoy downtown luxury living w/ this exquisite gourmet kitchen featuring top of the line F.LLI Bertazzoni stainless steel appliances, Carrara marble counters, huge center island, custom white cabinetry, & wide plank white oak floors*Huge great room is open & spacious w/ incredible sitting & dining areas w/ tall 10 ceilings & stunning widows*Large Master Bedroom w/ mountain & city light views, a designer bathroom, tall glass enclosures, & large walk-in closet*2nd master suite* 3rd bedroom suite is on the ground floor*Walk to Downtown Restaurants, Farmer's Market, SAP, Wholefoods, San Pedro Square, & new Google Campus*Enjoy a brand new city park at the front entrance*2 car garage w/ a Tesla charging connection & extra storage*Over $200,000 in luxury upgrades*This front door will soon overlook a stunning brand new park to relax in Downtown San Jose!

Last Agent to Sell the Property

Joe Piazza

Coldwell Banker Realty License #01411341 Listed on: 01/13/2022

Coldwell Banker Realty

Last Buyer's Agent

Meena Desai

Intero Real Estate Services License #01347248

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,468

Year Built

  • 2020

Lot Details

  • 1,045

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Secured Garage or Parking
  • On-Street Parking

Property Views

  • City Lights
  • Mountain
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Composition Roof

Interior Spaces

  • 1,635 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Entertainment System
  • High Ceiling
  • Double Pane Windows
  • Formal Entry
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Laundry in unit

Kitchen

  • Breakfast Room
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Built-In Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Wine Refrigerator
  • Kitchen Island
  • Marble Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Marble Bathroom Countertops
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Home Security

  • Security Lights
  • Monitored

Additional Features

  • Energy-Efficient Insulation
  • Balcony
  • Forced Air Zoned Cooling and Heating System

Community Details

Overview

  • Association fees include maintenance - common area, maintenance - exterior, maintenance - road
  • 47 Units
  • Trumark Homes Association
  • Greenbelt

Recreation

  • Community Playground

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,468

Year Built

2020

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Zoning: DC
  • Subclass: Condominium
  • Style: Contemporary, Modern / High Tech
  • Restrictions: Family Park
  • Age: 2
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 47
  • Structure Sq Ft: 1635
  • Special Features: NewHome
  • Property Sub Type: Condos
  • Year Built: 2020

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Breakfast Nook, Breakfast Room, Dining Area In Living Room, Dining Bar, Eat In Kitchen
  • Kitchen: Countertop - Marble, Dishwasher, Freezer, Hood Over Range, Island, Microwave, Oven - Built-In, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1635
  • Stories: 3
  • Security: Fire Alarm, Secured Garage / Parking, Security Alarm, Security Lights, Video / Audio System
  • Bedrooms: Ground Floor Bedroom, More Than One Primary Bedroom, Primary Suite / Retreat, Primary Suite / Retreate - 2+, Walk-In Closet
  • Laundry: Inside
  • Flooring: Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Formal Entry, Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Marble, Primary - Stall Shower(s), Solid Surface, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: City Lights, Mountains, Neighborhood, Park
  • Yard/Grounds: Balcony / Patio
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, Gate / Door Opener, On Street

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: SP78
  • HOA Fees: 250
  • HOA Amenities: Garden / Greenbelt / Trails, Playground
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road
  • HOA Exist: Yes
  • H O A Name Text: Trumark Homes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Video / Audio System, Walk-In Closet, Wet Bar

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Walls Insulated

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: 2 car garage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 13, 2022
Closed on
Mar 16, 2022
Sold by
Valiton Family Trust
Bought by
Shah Risha
Seller's Agent
Joe Piazza
Coldwell Banker Realty
Buyer's Agent
Meena Desai
Intero Real Estate Services
List Price
$1,588,888
Sold Price
$1,375,000
Premium/Discount to List
-$213,888
-13.46%
Current Estimated Value
$1,252,176

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$122,824
Avg. Annual Appreciation
-2.62%

Purchase Details

Closed on
Nov 3, 2020
Sold by
Tm San Jose 78 Llc
Bought by
Valiton Robert E and Valiton Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,226,357
Interest Rate
1.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2020
Sold by
Tm San Jose 78 Llc
Bought by
Valiton Family Trust and Valiton

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,226,357
Interest Rate
1.87%
Mortgage Type
New Conventional
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
Shah Risha $1,375,000 Stewart Title
Valiton Robert E $1,226,500 First American Title Company
Valiton Family Trust $1,226,500 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Valiton Robert E $1,226,357
Previous Owner Valiton Family Trust $1,226,357
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2022 03/29/22 Sold $1,375,000 -1.0% $841 / Sq Ft
03/16/2022 03/16/22 Pending -- -- --
02/24/2022 02/24/22 Price Changed $1,388,888 -7.3% $849 / Sq Ft
02/02/2022 02/02/22 Price Changed $1,498,888 -5.7% $917 / Sq Ft
01/13/2022 01/13/22 For Sale $1,588,888 -- $972 / 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 $15,468 $1,170,000 $585,000 $585,000
2024 $15,468 $1,205,000 $602,500 $602,500
2023 $15,468 $1,195,000 $597,500 $597,500
2022 $16,138 $1,250,883 $625,442 $625,441
2021 $15,194 $1,226,357 $613,179 $613,178
2020 $1,647 $122,932 $122,932 $0
Source: Public Records

Agents Affiliated with this Home

  • Joe Piazza

    Seller's Agent in 2022

    Joe Piazza

    Coldwell Banker Realty

    (408) 410-5020

    2 in this area

    83 Total Sales

    Joe Piazza
    Section Image

  • M

    Buyer's Agent in 2022

    Meena Desai

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81874385

MLSListings

APN: 259-63-033

California Santa Clara County San Jose 95110 Downtown San Jose

186 Velocity Way Unit 186, San Jose, CA

This home is located at 186 Velocity Way Unit 186, San Jose, CA 95110 since 13 January 2022 and is currently estimated at $1,252,176, approximately $765 per square foot. This property was built in 2020. 186 Velocity Way Unit 186 is a home located in Santa Clara County with nearby schools including Horace Mann Elementary School, Herbert Hoover Middle School, and Abraham Lincoln High.

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