NOT LISTED FOR SALE

1971 Wayne Cir San Jose, CA 95131

McKay - Ringwood Neighborhood

Estimated Value: $1,640,440 - $1,748,000

3 Beds
2.5 Baths
1,657 Sq Ft
$1,021/Sq Ft Est. Value

Last Sold December 30, 2015

Last sale price $938,000 $566 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $10,097/month

17 Days on Market

Highlights

  • Contemporary Architecture
  • High Ceiling
  • 2 Car Attached Garage
  • Independence High School Rated A-
  • Formal Dining Room
  • Double Pane Windows

About This Home

As of December 2015

Immaculate and Impeccable Condition, Shows like a Model~East Facing~2 Story High Ceiling~Newl Interior Painting ~Brand New Laminate w/ 5 Inches Baseboard~Modern Updated Kitchen w/ Quartz Counter Tops, New Cabinets, Brand New Samsung Appliances~ Raised Panel Door~Spacious Master Suite w/ Walk-In Closet and Mirror Door~Brand New Vanity w/ Hardware~Berber Carpet~ Patio Door~Close To Costco, Ranch 99 Market and High Tech Companies; Easy Access To Freeways

Last Agent to Sell the Property

Frank Liu

RE/MAX Gold License #00991680 Listed on: 10/26/2015

RE/MAX Gold

Last Buyer's Agent

Laxman Jethani

New Century Executive, Inc. License #01266436

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,906

Year Built

  • Built in 1999

Lot Details

  • Back Yard Fenced
  • Zoning described as A-PD

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,657 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Separate Family Room
  • Formal Dining Room
  • Laundry Room

Kitchen

  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, landscaping / gardening
  • Cherry Glen Maintenance Assn Association

Listing and Financial Details

  • Assessor Parcel Number 244-41-042

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,906

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 1657
  • Year Built: 1999
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Oven - Built-In, Oven Range
  • Living Sq Ft: 1657
  • Flooring: Carpet, Laminate
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • Fencing: Fenced Back

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 60
  • Association Fees Include: Common Area Electricity, Common Area Gas, Landscaping / Gardening
  • H O A Name Text: Cherry Glen Maintenance Assn
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 244-41-042
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3257.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3257.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2019
Sold by
Rapaka Karan Badri Venkata Ratna and Vanguri Sravanthi
Bought by
Rapaka Karan Badri Venkata Ratna and Vanguri Sravanthi
Current Estimated Value
$1,691,860

Purchase Details

Listed on
Oct 26, 2015
Closed on
Dec 28, 2015
Sold by
Ganesan Sankaran and Sankaran Anuradha
Bought by
Karan Badri Venkata Ratna Rapaka and Vanguri Sravanthi
Seller's Agent
Frank Liu
RE/MAX Gold
Buyer's Agent
Laxman Jethani
New Century Executive, Inc.
List Price
$899,000
Sold Price
$938,000
Premium/Discount to List
$39,000
4.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.18%
Original Mortgage
$797,000
Outstanding Balance
$633,456
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,058,404

Purchase Details

Closed on
Dec 9, 1999
Sold by
Pfeiffer Ranch Invest Iii Inc
Bought by
Ganesan Sankaran and Sankaran Anuradha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,500
Interest Rate
7.12%
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
Rapaka Karan Badri Venkata Ratna -- None Available
Karan Badri Venkata Ratna Rapaka $938,000 First American Title Company
Ganesan Sankaran $439,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karan Badri Venkata Ratna Rapaka $797,000
Previous Owner Ganesan Sankaran $351,500
Closed Ganesan Sankaran $43,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $938,000 +4.3% $566 / Sq Ft
11/13/2015 11/13/15 Pending -- -- --
10/26/2015 10/26/15 For Sale $899,000 -- $543 / 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 $14,906 $1,110,396 $651,086 $459,310
2024 $14,906 $1,088,624 $638,320 $450,304
2023 $14,588 $1,067,279 $625,804 $441,475
2022 $14,503 $1,046,353 $613,534 $432,819
2021 $14,257 $1,025,837 $601,504 $424,333
2020 $13,891 $1,015,319 $595,337 $419,982
2019 $13,625 $995,412 $583,664 $411,748
2018 $13,471 $975,895 $572,220 $403,675
2017 $13,267 $956,760 $561,000 $395,760
2016 $12,554 $938,000 $550,000 $388,000
2015 $7,992 $561,786 $306,918 $254,868
2014 $7,411 $550,782 $300,906 $249,876
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2015

    Frank Liu

    RE/MAX

    Section Image

  • L

    Buyer's Agent in 2015

    Laxman Jethani

    New Century Executive, Inc.

    (510) 979-1000

    Laxman Jethani
    Section Image
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Map

Source: MLSListings

MLS Number: ML81521525

MLSListings

APN: 244-41-042

California Santa Clara County San Jose 95131 McKay - Ringwood

1971 Wayne Cir, San Jose, CA

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