NOT LISTED FOR SALE

211 Proximity Way Unit Bldr ref A603 San Jose, CA 95110

Downtown San Jose Neighborhood

Estimated Value: $1,140,000 - $1,313,000

3 Beds
3 Baths
1,579 Sq Ft
1,002 Sq Ft Lot

Last Sold March 10, 2020

Last sale price $1,160,000 $735 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $7,800/month

48 Days on Market

Highlights

  • High Ceiling
  • Walk-In Closet
  • Dining Room
  • Open to Family Room
  • Forced Air Zoned Heating and Cooling System
  • 5-minute walk to Ryland Park

About This Home

As of March 2020

National award-winning homebuilder Trumark Homes' SP78 offers seventy-eight, 2-3 bedroom modern townhome-style condominiums just three blocks from San Pedro Square in Downtown San Jose. This development delivers a rare townhome inventory in a very hot location making for an exceptional purchase opportunity. Three-story residences range in size from 1,298 square feet to 1,968 square feet, and each home comes with direct-access garage, 10' ceilings on main living floor, large windows, stainless steel appliances and granite countertops. SP78 offers great ownership opportunities that fuse the urban downtown vibe and rich culture with proximity to major employers, shopping, restaurants, entertainment, convenient access to public transportation or freeways, and a short commute to Mineta San Jose International Airport.

Last Agent to Sell the Property

Sandy Richert

Trumark Construction License #01126469 Listed on: 12/14/2019

Last Buyer's Agent

Adriane Alston

Metis Real Estate, Inc. License #01472767

Metis Real Estate, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,187

Year Built

  • Built in 2019 | Under Construction

Lot Details

  • 1,002

Parking

  • 2 Car Garage

Home Design

  • Reinforced Concrete Foundation

Interior Spaces

  • 1,579 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Dining Room

Kitchen

  • Open to Family Room
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 111unavail

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include garbage, insurance - structure, landscaping / gardening, maintenance - common area, management fee
  • 78 Units
  • Sp78 Homeowners Assoc. Association
  • Built by SP78

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,187

Year Built

Built in 2019 | Under Construction

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Building Number: 6
  • Restrictions: Pets - Allowed
  • Estimated Completion Date: 02/15/2020
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 78
  • Structure Sq Ft: 1579
  • Construction: Under Construction
  • 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: Breakfast Bar, Dining Area, Dining Bar, No Formal Dining Room
  • Living Sq Ft: 1579
  • Stories: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Reinforced Concrete

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 254
  • Association Fees Include: Garbage, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Management Fee
  • H O A Name Text: SP78 Homeowners Assoc.
  • H O A Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 111unavail

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • 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

Closed on
Oct 27, 2023
Sold by
Rahrer Adam
Bought by
Lux Rentals Llc
Current Estimated Value
$1,198,426

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Outstanding Balance
$24,635
Interest Rate
7.31%
Mortgage Type
Seller Take Back
Estimated Equity
$1,183,915

Purchase Details

Listed on
Dec 14, 2019
Closed on
Jan 27, 2020
Sold by
Tm San Jose 78 Llc
Bought by
Rahrer Adam
Seller's Agent
Sandy Richert
Trumark Construction
Buyer's Agent
Adriane Alston
Metis Real Estate, Inc.
List Price
$1,185,000
Sold Price
$1,160,000
Premium/Discount to List
-$25,000
-2.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.77%
Original Mortgage
$928,000
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Lux Rentals Llc $77,500 Pacific Coast Title
Rahrer Adam $1,160,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lux Rentals Llc $25,000
Previous Owner Rahrer Adam $0
Previous Owner Rahrer Adam $928,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2020 03/10/20 Sold $1,160,000 -2.1% $735 / Sq Ft
02/01/2020 02/01/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $1,185,000 0.0% $750 / Sq Ft
01/20/2020 01/20/20 Price Changed $1,185,000 -0.4% $750 / Sq Ft
01/13/2020 01/13/20 Pending -- -- --
01/06/2020 01/06/20 Price Changed $1,189,482 -0.8% $753 / Sq Ft
12/14/2019 12/14/19 For Sale $1,199,482 -- $760 / 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
2024 $14,187 $1,125,000 $562,500 $562,500
2023 $15,271 $1,219,364 $609,682 $609,682
2022 $15,449 $1,195,456 $597,728 $597,728
2021 $13,961 $1,172,016 $586,008 $586,008
2020 $3,936 $319,549 $139,549 $180,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81777372

MLSListings

APN: 259-62-047