NOT LISTED FOR SALE

1863 Half Pence Way San Jose, CA 95132

Majestic Neighborhood

Estimated Value: $1,428,000 - $1,784,000

3 Beds
2 Baths
1,412 Sq Ft
$1,159/Sq Ft Est. Value

Last Sold June 13, 2014

Last sale price $750,000 $531 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $9,638/month

4 Days on Market

Highlights

  • Primary Bedroom Suite
  • Neighborhood Views
  • Forced Air Heating System
  • Majestic Way Elementary School Rated A-
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of June 2014

Well-maintained home in a sought-after Berryessa Foothills neighborhood. Newer roof, granite tops, carpets. Desirable floor plan featuring family room/dining/kitchen combo and separate living room. Great backyard ideal for entertainment and spacious sideyard. Great schools: Majestic Elementary (API 876), Sierramont Middle School (Api 877) and Piedmont High School (API 831) (Buyer to verify all)

Last Agent to Sell the Property

Sasha Lunginovic

Montalvo Realty License #01136628 Listed on: 05/16/2014

Last Buyer's Agent

Rayin Lee

Giant Realty Inc. License #01150698

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,892

Year Built

  • Built in 1971

Lot Details

  • Fenced
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1-8P

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,412 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Built-In Oven
  • Cooktop
  • Dishwasher
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 586-08-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,892

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Sale Price Per Sq Ft: 531.16
  • Listing Class: Residential
  • Structure Sq Ft: 1412
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 3
  • Map Top Coordinate: F
  • Thomas Bros Page: 814
  • Thomas Brothers: F3
  • Year Built: 1971
  • Zoning Description: R1-8P
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1412
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Carpet - Area, Tile, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 586-08-042
  • List Price per Sq Ft: 480.88
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5720.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5720.00
  • Lot Size Area Min Search: 5720.00
  • Maximum Lot Size: 5720.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 16, 2014
Closed on
Jun 5, 2014
Sold by
Shah Rupen and Shah Shahana
Bought by
Hu Sanqing and Chen Li
Seller's Agent
Sasha Lunginovic
Montalvo Realty
Buyer's Agent
Rayin Lee
Giant Realty Inc.
List Price
$679,000
Sold Price
$750,000
Premium/Discount to List
$71,000
10.46%
Current Estimated Value
$1,636,021

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$886,021
Avg. Annual Appreciation
7.09%
Original Mortgage
$580,000
Outstanding Balance
$440,701
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$1,195,320

Purchase Details

Closed on
Jun 4, 2009
Sold by
Shah Rupen J
Bought by
Shah Rupen and Shah Shahana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,000
Interest Rate
4.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2007
Sold by
Shah Jyotsna J
Bought by
Shah Rupen J
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
Hu Sanqing $750,000 Old Republic Title Company
Shah Rupen -- North American Title Company
Shah Rupen J -- None Available
Shah Jyotsna J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Sanqing $580,000
Previous Owner Shah Rupen $303,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/13/2014 06/13/14 Sold $750,000 +10.5% $531 / Sq Ft
05/20/2014 05/20/14 Pending -- -- --
05/16/2014 05/16/14 For Sale $679,000 -- $481 / 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 $12,892 $919,389 $643,574 $275,815
2024 $12,892 $901,362 $630,955 $270,407
2023 $12,673 $883,689 $618,584 $265,105
2022 $12,626 $866,362 $606,455 $259,907
2021 $12,231 $849,375 $594,564 $254,811
2020 $11,865 $840,667 $588,468 $252,199
2019 $11,330 $824,184 $576,930 $247,254
2018 $11,173 $808,024 $565,618 $242,406
2017 $11,247 $792,181 $554,528 $237,653
2016 $10,781 $776,649 $543,655 $232,994
2015 $10,659 $764,984 $535,489 $229,495
2014 $1,518 $65,164 $19,954 $45,210
Source: Public Records

Agents Affiliated with this Home

  • Sasha Lunginovic

    Seller's Agent in 2014

    Sasha Lunginovic

    Montalvo Realty

    (408) 690-3883

    28 Total Sales

    Sasha Lunginovic
    Section Image
  • Rayin Lee

    Buyer's Agent in 2014

    Rayin Lee

    Giant Realty Inc.

    (408) 781-7809

    33 Total Sales

    Rayin Lee
    Section Image
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Map

Source: MLSListings

MLS Number: ML81417339

MLSListings

APN: 586-08-042

California Santa Clara County San Jose 95132 Majestic

1863 Half Pence Way, San Jose, CA

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