NOT LISTED FOR SALE

2311 Olivegate Ln San Jose, CA 95136

Hayes Neighborhood

Estimated Value: $688,000 - $795,000

2 Beds
1.5 Baths
1,152 Sq Ft
$350/mo HOA Fee

Last Sold March 27, 2018

Last sale price $675,000 $586 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,407/month

28 Days on Market

Highlights

  • Community Cabanas
  • Open to Family Room
  • Combination Dining and Living Room
  • 1 Fireplace
  • Forced Air Heating and Cooling System

About This Home

As of March 2018

Welcome home!This two story open plan home has everything on your list:open floor plan, gleaming pergo flooring, granite kitchen, modern lighting, great fire place, large glass sliding door to a private back yard with fruit trees, grape vines, flowers, large master bedroom with a wall to wall mirrored closet doors, second bedroom with a lot of natural light, newer d/p windows, pantry/ storage. A two car carport is just behind the back patio for an ez access, a lot of additional parking, pool & a walking trail & 2 parks near by. Walking distance to stores, public transportation, VTA, elementary and a high school. EZ access to 85/87/101.

Last Agent to Sell the Property

Elena Johal

KW Bay Area Estates License #01167127 Listed on: 02/01/2018

KW Bay Area Estates

Last Buyer's Agent

Frank Liu

RE/MAX Gold License #00991680

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,217

Year Built

  • Built in 1977

Lot Details

  • 998

HOA Fees

  • $350 Monthly HOA Fees

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,152 Sq Ft Home
  • 2-Story Property
  • 1 Fireplace
  • Combination Dining and Living Room
  • Laminate Flooring
  • Open to Family Room
  • Laundry on upper level

Bedrooms and Bathrooms

  • 2 Bedrooms

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 685-21-027

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, maintenance - unit yard, pool spa or tennis, roof, unit coverage insurance
  • 65 Units
  • Montecito Association
  • Built by MONTECITO

Recreation

  • Community Cabanas
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,217

Year Built

Built in 1977

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Subclass: Condominium
  • Age: 41
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 65
  • Structure Sq Ft: 1152
  • Complex Name: MONTECITO
  • Year Built: 1977
  • Zoning Description: R1-8P
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 1152
  • Stories: 2
  • Laundry: Upper Floor
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 350
  • HOA Amenities: Cabana, Community Pool
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Maintenance - Unit Yard, Pool, Spa, or Tennis, Roof, Unit Coverage Insurance
  • H O A Name Text: Montecito
  • H O A Exist: Yes

Schools

  • School District: East Side Union High
  • Elementary School: Hayes Elementary
  • Middle School: Caroline Davis Intermediate
  • High School: Oak Grove High
  • High School: 249
  • Elementary School: 185
  • Middle School: 179

Lot Info

  • Parcel Number: 685-21-027
  • Lot Acres: 0.0229
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 996.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 996.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Hayes Elementary
  • High School Text: Oak Grove High
  • Middle School Text: Caroline Davis Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2018
Closed on
Mar 16, 2018
Sold by
Kim Andrew Hoon and Kim Diana Udriste
Bought by
Rasti Nancy and Rasti Dvid
Seller's Agent
Elena Johal
KW Bay Area Estates
Buyer's Agent
Frank Liu
RE/MAX Gold
List Price
$649,000
Sold Price
$675,000
Premium/Discount to List
$26,000
4.01%
Current Estimated Value
$759,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,289
Avg. Annual Appreciation
1.90%
Original Mortgage
$506,250
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2015
Closed on
Mar 11, 2015
Sold by
Varippreddy Srinivasan and Srinivasan Mohanaselvi
Bought by
Kim Andrew Hoon and Kim Diana Udriste
Seller's Agent
Ashley Rabello
Redfin
Buyer's Agent
Gregg Ann Herrern
The Abigail Company
List Price
$438,000
Sold Price
$482,000
Premium/Discount to List
$44,000
10.05%

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
$376,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 19, 2013
Closed on
Sep 26, 2013
Sold by
Nguyen Thuong Duy
Bought by
Varippyreddy Srinivasan and Srinivasan Mohanaselvi
Seller's Agent
Tim Ho
Intero Real Estate Services
Buyer's Agent
David Zaria
Intero Real Estate Services
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.45%
Original Mortgage
$348,570
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 23, 2011
Sold by
Pham Huyen Thu
Bought by
Nguyen Thuong Duy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.55%
Mortgage Type
FHA

Purchase Details

Closed on
May 31, 2011
Sold by
Federal National Mortgage Association
Bought by
Nguyen Thuong Duy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,930
Interest Rate
4.55%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 12, 2011
Sold by
Brees Milagros I and Brees Gary L
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Apr 19, 2007
Sold by
Fedorenko Nataliya
Bought by
Brees Gary L and Brees Milagros I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 10, 2003
Sold by
Oatham Warren Scott and Oatham Julie A
Bought by
Fedorenko Nataliya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.76%
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
Rasti Nancy $675,000 Chicago Title Co
Kim Andrew Hoon $482,000 Orange Coast Title
Varippyreddy Srinivasan $355,000 First American Title Company
Nguyen Thuong Duy -- None Available
Nguyen Thuong Duy $200,000 First American Title Ins Co
Federal National Mortgage Association $389,938 None Available
Brees Gary L $467,000 Old Republic Title Company
Fedorenko Nataliya $295,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rasti Nancy $471,000
Closed Rasti Nancy $468,750
Closed Rasti Nancy $506,250
Previous Owner Kim Andrew Hoon $376,000
Previous Owner Varippyreddy Srinivasan $348,570
Previous Owner Nguyen Thuong Duy $193,325
Previous Owner Nguyen Thuong Duy $194,930
Previous Owner Brees Gary L $70,000
Previous Owner Brees Gary L $373,600
Previous Owner Fedorenko Nataliya $235,000
Closed Fedorenko Nataliya $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2024 11/15/24 Off Market $3,400 -- --
10/21/2024 10/21/24 Price Changed $3,400 +6.3% $3 / Sq Ft
10/19/2024 10/19/24 For Rent $3,200 0.0% --
03/27/2018 03/27/18 Sold $675,000 +4.0% $586 / Sq Ft
03/02/2018 03/02/18 Pending -- -- --
02/28/2018 02/28/18 For Sale $649,000 0.0% $563 / Sq Ft
02/16/2018 02/16/18 Pending -- -- --
02/01/2018 02/01/18 For Sale $649,000 +34.6% $563 / Sq Ft
03/19/2015 03/19/15 Sold $482,000 +10.0% $418 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
02/17/2015 02/17/15 For Sale $438,000 +23.4% $380 / Sq Ft
09/14/2013 09/14/13 Sold $355,000 +2.0% $308 / Sq Ft
08/21/2013 08/21/13 Pending -- -- --
08/08/2013 08/08/13 Price Changed $348,000 -2.0% $302 / Sq Ft
07/17/2013 07/17/13 Price Changed $355,000 0.0% $308 / Sq Ft
07/17/2013 07/17/13 For Sale $355,000 -2.7% $308 / Sq Ft
07/08/2013 07/08/13 Pending -- -- --
06/19/2013 06/19/13 For Sale $365,000 -- $317 / 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 $10,217 $752,972 $376,486 $376,486
2023 $9,346 $680,000 $340,000 $340,000
2022 $10,034 $723,734 $361,867 $361,867
2021 $9,439 $672,000 $336,000 $336,000
2020 $8,963 $639,000 $319,500 $319,500
2019 $9,570 $688,500 $344,250 $344,250
2018 $7,283 $509,118 $254,559 $254,559
2017 $7,189 $499,136 $249,568 $249,568
2016 $6,834 $489,350 $244,675 $244,675
2015 $5,249 $362,092 $181,046 $181,046
2014 $5,029 $355,000 $177,500 $177,500
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2018

    Elena Johal

    KW Bay Area Estates

    Section Image

  • F

    Buyer's Agent in 2018

    Frank Liu

    RE/MAX

    Section Image

  • A

    Seller's Agent in 2015

    Ashley Rabello

    Redfin

    Section Image
  • Gregg Ann Herrern

    Buyer's Agent in 2015

    Gregg Ann Herrern

    The Abigail Company

    (415) 203-3007

    40 Total Sales

    Gregg Ann Herrern
    Section Image

  • T

    Seller's Agent in 2013

    Tim Ho

    Intero Real Estate Services

    Section Image

  • D

    Buyer's Agent in 2013

    David Zaria

    Intero Real Estate Services

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81690821

MLSListings

APN: 685-21-027

California Santa Clara County San Jose 95136 Hayes

2311 Olivegate Ln, San Jose, CA

This home is located at 2311 Olivegate Ln, San Jose, CA 95136 since 01 February 2018 and is currently estimated at $759,289, approximately $659 per square foot. This property was built in 1977. 2311 Olivegate Ln is a home located in Santa Clara County with nearby schools including Hayes Elementary School, Davis (Caroline) Intermediate School, and Oak Grove High School.

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