NOT LISTED FOR SALE

231 Laumer Ave San Jose, CA 95127

Alum Rock Neighborhood

Estimated Value: $1,216,000 - $1,363,000

4 Beds
3 Baths
1,800 Sq Ft
$711/Sq Ft Est. Value

Last Sold June 28, 2021

Last sale price $1,150,000 $639 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $7,962/month

Highlights

  • View of Hills
  • Ceiling Fan
  • Wood Fence
  • Forced Air Heating and Cooling System
  • Dining Area
  • Gas Fireplace

About This Home

As of June 2021

Rare beauty nestled in the East Foothills. Renovated ranch home offers 3 units total. Attractive curb appeal w/picket fence and lush landscaping. Sprawling main home (1600 sq. ft.) with vaulted beam ceilings, new paint, light & bright gourmet kitchen open to dining, cozy living room w/gas fireplace & stunning hill views, laundry room, central A/C, and oversized master suite/vaulted beam ceilings & French doors. Main home also includes 2 additional bdrms/2nd bath. Attached to the back of the main house is an approx 200 sq.ft. studio w/ recessed lighting, updated bath, & separate patio. The 3rd unit is a grandfathered 380 sq.ft. ADU with full kitchenette, bath, walk-in closet, and ceiling fan. Well-established neighborhood, originally built for veteran housing, with original owner neighbors. Located behind the Federal Job Corp, which offers peace and security. Beautiful yard w/many fruit trees. Carport runs the length of the home for convenient year-round parking. Solid rental history.

Last Agent to Sell the Property

Neva Mills

Intero Real Estate Services License #00926527 Listed on: 05/25/2021

Intero Real Estate Services

Co-Listed By

Jessica Mills

Intero Real Estate Services License #01999381

Last Buyer's Agent

Mitch Del Rosario

eXp Realty of California Inc License #01982483

eXp Realty of California Inc

Home Details

Home Type

  • Single Family

Year Built

  • 1952

Lot Details

  • 6,612 Sq Ft Lot
  • Wood Fence
  • Back Yard Fenced

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,800 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Laminate Flooring
  • Views of Hills
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Parking

  • Carport
  • No Garage
  • On-Street Parking
  • Off-Street Parking

Additional Homes

  • 380 SF Accessory Dwelling Unit
  • Accessory Dwelling Unit (ADU)

Utilities

  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1952

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 380
  • Structure Sq Ft: 1800
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1952

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1800
  • Stories: 1
  • Laundry: Inside
  • Flooring: Laminate
  • Full Bathrooms: 3
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle
  • View: Hills
  • Fencing: Fenced Back, Wood

Garage/Parking

  • Garage Parking Features: Carport, No Garage, Off-Street Parking, On Street

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.1518
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6614.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6614.00

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: ADU

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 10, 2021
Sold by
Kennedy Ryan R and Kennedy Marla R
Bought by
Rsi Capital Llc
Seller's Agent
Neva Mills
Intero Real Estate Services
Buyer's Agent
Mitch Del Rosario
eXp Realty of California Inc
List Price
$1,098,000
Sold Price
$1,150,000
Premium/Discount to List
$52,000
4.74%
Current Estimated Value
$1,280,157

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$130,157
Avg. Annual Appreciation
2.38%
Original Mortgage
$920,000
Outstanding Balance
$832,945
Interest Rate
2.9%
Mortgage Type
Commercial
Estimated Equity
$447,212

Purchase Details

Listed on
Apr 18, 2013
Closed on
Jun 12, 2013
Sold by
Trinh Jack Minh and Nguyen Myhanh
Bought by
Kennedy Ryan R and Kennedy Marla R
Seller's Agent
Kim Nhung Nguyen
VS Realty & Loans Inc
Buyer's Agent
Sean Yang
Powerful Agents Real Estate Services
List Price
$489,999
Sold Price
$470,000
Premium/Discount to List
-$19,999
-4.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.80%
Original Mortgage
$414,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 4, 2012
Closed on
Oct 19, 2012
Sold by
U S Bank National Association
Bought by
Trinh Jack Minh and Nguyen Myhanh
Seller's Agent
Joshua Metcalf
Del Mar Real Estate Group
Buyer's Agent
Joshua Metcalf
Del Mar Real Estate Group
List Price
$259,900
Sold Price
$279,000
Premium/Discount to List
$19,100
7.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
125.89%

Purchase Details

Closed on
Nov 2, 2011
Sold by
Reza Ann T Gamez
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 27, 2006
Sold by
Reza Arturo
Bought by
Reza Ann T Gamez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
9.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 20, 2006
Sold by
Castaneda Juan Carlos
Bought by
Reza Ann T Gamez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
9.1%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 23, 2004
Sold by
Nevarez William T and Sosa Nevarez Carmen
Bought by
Castaneda Juan Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,200
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 1997
Sold by
Diane Fraedrich
Bought by
Nevarez William T and Sosa Nevarez Carmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,110
Interest Rate
7.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rsi Capital Llc $1,150,000 First American Title Company
Kennedy Ryan R $470,000 Chicago Title Company
Trinh Jack Minh $279,000 None Available
U S Bank National Association $310,500 Cr Title Services Inc
Reza Ann T Gamez -- Alliance Title Company
Reza Ann T Gamez $490,000 Alliance Title Company
Castaneda Juan Carlos $509,000 Financial Title Company
Nevarez William T $198,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rsi Capital Llc $920,000
Previous Owner Kennedy Ryan R $414,000
Previous Owner Reza Ann T Gamez $490,000
Previous Owner Castaneda Juan Carlos $407,200
Previous Owner Nevarez William T $188,110
Closed Castaneda Juan Carlos $50,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/28/2021 06/28/21 Sold $1,150,000 +4.7% $639 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $1,098,000 +133.6% $610 / Sq Ft
06/21/2013 06/21/13 Sold $470,000 -4.1% $294 / Sq Ft View Prior Sale
05/21/2013 05/21/13 Pending -- -- --
05/21/2013 05/21/13 For Sale $489,999 0.0% $306 / Sq Ft
05/17/2013 05/17/13 Pending -- -- --
04/18/2013 04/18/13 For Sale $489,999 +75.6% $306 / Sq Ft
10/29/2012 10/29/12 Sold $279,000 +7.3% $174 / Sq Ft View Prior Sale
10/04/2012 10/04/12 Pending -- -- --
10/04/2012 10/04/12 For Sale $259,900 -- $162 / 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 $15,212 $1,244,795 $995,837 $248,958
2024 $15,212 $1,100,000 $900,000 $200,000
2023 $14,385 $1,035,000 $828,000 $207,000
2022 $16,054 $1,173,000 $938,400 $234,600
2021 $7,789 $534,688 $352,667 $182,021
2020 $7,672 $529,206 $349,051 $180,155
2019 $7,481 $518,830 $342,207 $176,623
2018 $7,352 $508,658 $335,498 $173,160
2017 $7,396 $498,685 $328,920 $169,765
2016 $6,987 $488,908 $322,471 $166,437
2015 $6,998 $481,565 $317,628 $163,937
2014 $6,822 $472,133 $311,407 $160,726
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2021

    Neva Mills

    Intero Real Estate Services

    Section Image

  • J

    Seller Co-Listing Agent in 2021

    Jessica Mills

    Intero Real Estate Services

    Section Image

  • M

    Buyer's Agent in 2021

    Mitch Del Rosario

    eXp Realty of California Inc

    Section Image

  • K

    Seller's Agent in 2013

    Kim Nhung Nguyen

    VS Realty & Loans Inc

  • Sean Yang

    Buyer's Agent in 2013

    Sean Yang

    Powerful Agents Real Estate Services

    (408) 457-9903

    1 in this area

    13 Total Sales

    Sean Yang
    Section Image

  • J

    Seller's Agent in 2012

    Joshua Metcalf

    Del Mar Real Estate Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81845695

MLSListings

APN: 601-20-006

California Santa Clara County San Jose 95127 Alum Rock

231 Laumer Ave, San Jose, CA

Not Listed for Sale

Detached

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