231 Martinvale Ln San Jose, CA 95119
Rancho Santa Teresa Neighborhood
3
Beds
2
Baths
1,067
Sq Ft
6,098
Sq Ft Lot
Highlights
- View of Hills
- Ranch Style House
- Stone Countertops
- Santa Teresa High School Rated A
- Great Room
- No HOA
About This Home
As of August 2024Welcome to your dream home in a highly desirable neighborhood near the Santa Teresa Golf Course. As you enter, you'll be greeted by an inviting open concept layout that fills the home with natural light. The kitchen is a chef's delight with sleek quartzite countertops, stainless steel appliances, ample cabinet space, and an oversized island. Adjacent is a spacious dining area perfect for entertaining friends and family. Outside, the expansive lot awaits your personal touch, with space for an ADU (Accessory Dwelling Unit) and ample room for customization in both front and back yards. Enjoy easy access to highways 85, 87, and 101 for quick commutes to Silicon Valley tech companies. Nearby hiking trails and panoramic hill views add to the appeal. Costco, Cottle shopping centers, and Kaiser Permanente are located within 2-3 miles.
Last Agent to Sell the Property
Nicholas Millsap
Cornerstone Real Estate Services License #02021011 Listed on: 07/25/2024
Last Buyer's Agent
Grace Pei
Compass License #01970157
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $13,273
Year Built
- Built in 1970 | Remodeled
Lot Details
- 6,098 Sq Ft Lot
- Zoning described as R-1-8
Parking
- 2 Car Garage
Home Design
- Ranch Style House
- Raised Foundation
- Composition Roof
- Stucco
Interior Spaces
- 1,067 Sq Ft Home
- Double Pane Windows
- Great Room
- Living Room
- Dining Room
- Views of Hills
Kitchen
- Kitchen Island
- Stone Countertops
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Full Bathrooms
Laundry
- Dryer
- Washer
- 220 Volts In Laundry
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Eco-Friendly Details
- Grid-tied solar system exports excess electricity
Utilities
- Central Heating and Cooling System
- 220 Volts in Kitchen
- Natural Gas Connected
- Water Heater
Community Details
- No Home Owners Association
- Net Lease
Listing and Financial Details
- Assessor Parcel Number 704-38-031
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 25, 2024
Closed on
Aug 6, 2024
Sold by
Millsap Nicholas D
Bought by
Ma Jianwen Daryl
Seller's Agent
Nicholas Millsap
Cornerstone Real Estate Services
Buyer's Agent
Grace Pei
Compass
List Price
$1,188,000
Sold Price
$1,410,000
Premium/Discount to List
$222,000
18.69%
Views
24
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,827
Avg. Annual Appreciation
0.40%
Original Mortgage
$700,000
Outstanding Balance
$695,269
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$720,125
Purchase Details
Closed on
Jan 12, 2021
Sold by
Galang Jaime Mora and Galang Deana Jo
Bought by
Milisap Nicholas D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$712,000
Interest Rate
2.67%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 29, 2019
Sold by
Galang Jaime and Galang Deana
Bought by
Galang Jaime Mora and Galang Deana Jo
Purchase Details
Closed on
Sep 1, 2016
Sold by
Galang Jaime M and Galang Deana J
Bought by
Galang Jaime M and Galang Deana J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,375
Interest Rate
3.46%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Mar 15, 2016
Sold by
Galang Jaime and Galang Deana
Bought by
Galang Jaime and Galang Deana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.65%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Apr 19, 1995
Sold by
Union Federal Bank
Bought by
Galang Jaime and Galang Deana
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.77%
Purchase Details
Closed on
Sep 23, 1994
Sold by
Union Federal Bank and Loproto Thomas A
Bought by
Union Federal Bank
Similar Homes in San Jose, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,410,000 | Old Republic Title | |
| Grant Deed | $890,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Interfamily Deed Transfer | -- | Old Republic Title Company | |
| Grant Deed | $175,000 | Fidelity National Title | |
| Trustee Deed | $188,265 | Fidelity National Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $700,000 | New Conventional | |
| Previous Owner | $712,000 | New Conventional | |
| Previous Owner | $181,800 | Credit Line Revolving | |
| Previous Owner | $129,375 | Credit Line Revolving | |
| Previous Owner | $275,500 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $280,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $131,600 | Unknown | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $133,000 | Unknown | |
| Previous Owner | $137,200 | Unknown | |
| Previous Owner | $137,500 | Unknown | |
| Previous Owner | $140,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/19/2024 08/19/24 | Sold | $1,410,000 | +18.7% | $1,321 / Sq Ft |
| 08/02/2024 08/02/24 | Pending | -- | -- | -- |
| 07/25/2024 07/25/24 | For Sale | $1,188,000 | -- | $1,113 / Sq Ft |
Source: MetroList
Tax History Compared to Growth
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 | $13,273 | $944,473 | $755,579 | $188,894 |
| 2023 | $13,079 | $925,955 | $740,764 | $185,191 |
| 2022 | $13,001 | $907,800 | $726,240 | $181,560 |
| 2021 | $4,886 | $271,538 | $155,166 | $116,372 |
| 2020 | $4,745 | $268,754 | $153,575 | $115,179 |
| 2019 | $4,530 | $263,485 | $150,564 | $112,921 |
| 2018 | $4,479 | $258,319 | $147,612 | $110,707 |
| 2017 | $4,411 | $253,255 | $144,718 | $108,537 |
| 2016 | $4,198 | $248,290 | $141,881 | $106,409 |
| 2015 | $4,138 | $244,561 | $139,750 | $104,811 |
| 2014 | $3,563 | $239,771 | $137,013 | $102,758 |
Source: Public Records
Agents Affiliated with this Home
-
N
Seller's Agent in 2024
Nicholas Millsap
Cornerstone Real Estate Services
-
G
Buyer's Agent in 2024
Grace Pei
Compass
Map
Source: MetroList
MLS Number: 224081904
APN: 704-38-031
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