NOT LISTED FOR SALE

231 Martinvale Ln San Jose, CA 95119

Rancho Santa Teresa Neighborhood

Estimated Value: $1,331,000 - $1,474,000

3 Beds
2 Baths
1,067 Sq Ft
$1,291/Sq Ft Est. Value

Last Sold August 19, 2024

Last sale price $1,410,000 $1,321 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,181/month

8 Days on Market

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 2024

Welcome 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

Cornerstone Real Estate Services

Last Buyer's Agent

Grace Pei

Compass License #01970157

Compass

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970 | Remodeled

Lot Details

  • 6,098 Sq Ft Lot
  • Zoning described as R-1-8

Parking

  • 2 Car Attached 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

Home Details

Home Type

Single Family

Year Built

Built in 1970 | Remodeled

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Property Type: Residential
  • Subtype Description: Detached
  • Property Subtype 1: Single Family Residence
  • Remodeled Updated: Yes
  • Year Built: 1970
  • Architectural Style: Ranch
  • Remodeled/Updated Desc: Bath 0-5YR, Kitchen 0-5YR, Bed 0-5YR
  • ResoPropertyType: Residential
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 0

Interior Features

  • Flooring: Other
  • Total Bathrooms: 2
  • Bathroom Features: Other
  • Dining Room Features: Other
  • Kitchen Features: Island, Stone Counter
  • Living Room Features: Great Room
  • Main Level: Bedroom(s), Living Room, Dining Room, Full Bath(s), Kitchen, Street Entrance
  • Price Per Square Foot: 1321.46
  • Square Footage: 1067.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Other
  • Foundation: Raised
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 1188000.00
  • Lot Features: Other
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Composition
  • Spa: No
  • View Description: Hills

Garage/Parking

  • Garage Spaces: 2.00
  • Parking Features: Attached
  • Driveway/Sidewalks: Paved Sidewalk

Utilities

  • Security: Carbon Mon Detector, Double Strapped Water Heater, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: Public, Natural Gas Connected
  • Cooling: Central
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry, PV-On Grid
  • Heating: Central
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: East Side Union High

Lot Info

  • Zoning Description: R-1-8
  • Irrigation: See Remarks
  • Lot Size Acres: 0.1400
  • Lot Size Sq Ft: 6098.00
  • ResoLotSizeUnits: Acres

Rental Info

  • Lease Type: Net

Multi Family

Tax Info

  • Assessor Parcel Number: 704-38-031
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Santa Clara

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
$1,377,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,563
Avg. Annual Appreciation
-1.51%
Original Mortgage
$700,000
Outstanding Balance
$692,199
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$685,238

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
$275,500
Interest Rate
3.48%
Mortgage Type
New Conventional

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
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
Ma Jianwen Daryl $1,410,000 Old Republic Title
Milisap Nicholas D $890,000 Chicago Title Company
Galang Jaime Mora -- None Available
Galang Jaime M -- Old Republic Title Company
Galang Jaime -- Old Republic Title Company
Galang Jaime $175,000 Fidelity National Title
Union Federal Bank $188,265 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Jianwen Daryl $700,000
Previous Owner Milisap Nicholas D $712,000
Previous Owner Galang Jaime M $275,500
Previous Owner Galang Jaime $100,000
Previous Owner Galang Jaime $140,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
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

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 $13,273 $1,410,000 $1,250,000 $160,000
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

    (408) 835-8451

    2 in this area

    16 Total Sales

    Nicholas Millsap
    Section Image

  • G

    Buyer's Agent in 2024

    Grace Pei

    Compass

    Section Image
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Map

Source: MetroList

MLS Number: 224081904

MetroList

APN: 704-38-031

California Santa Clara County San Jose 95119 Rancho Santa Teresa

231 Martinvale Ln, San Jose, CA

Not Listed for Sale

Detached

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