NOT LISTED FOR SALE

Estimated Value: $1,022,000 - $1,404,000

3 Beds
2 Baths
1,260 Sq Ft
$987/Sq Ft Est. Value

Last Sold May 24, 2016

Last sale price $825,000 $655 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $7,509/month

10 Days on Market

Highlights

  • Vaulted Ceiling
  • Breakfast Area or Nook
  • Bungalow
  • Marble Countertops
  • Double Pane Windows
  • Tile Flooring

About This Home

As of May 2016

Gorgeous 2 bed 1 bath California bungalow and detached 1 bed 1 bath cottage with kitchenette located at the end of a quiet cul-de-sac in Midtown. All aspects of the home and cottage have been tastefully remodeled. Main home features open concept, updated kitchen with new marble counter tops and cabinet doors, updated bathroom, plantation shutters and laminate flooring. Both main home and cottage feature new stainless steel appliances, copper piping and dual pane windows throughout, central A/C and heating and recently painted interior and exterior. Between the main home and cottage is a private yard with a variety of fruit trees and a colorful flower/planter box. Long side driveway and covered carport. Home has a partial basement. Great location to walk or bike to Alameda shops, Whole Foods, SAP Center, Caltrain, Cahill Park and the Rose Garden. Easy access to highways and downtown. Must see!

Last Agent to Sell the Property

Colin Clancy

KW Bay Area Estates License #01948546 Listed on: 04/12/2016

KW Bay Area Estates

Last Buyer's Agent

Claire Meager

Re/Max Accord License #01184005

Re/Max Accord

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1920

Lot Details

  • 4,312 Sq Ft Lot
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as R2

Home Design

  • Bungalow
  • Composition Roof
  • Concrete Perimeter Foundation
  • Masonry

Interior Spaces

  • 1,260 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Separate Family Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Microwave
  • ENERGY STAR Qualified Appliances
  • Marble Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • On-Street Parking

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Sewer Within 50 Feet

Additional Features

  • Barbecue Area
  • 460 SF Accessory Dwelling Unit

Listing and Financial Details

  • Assessor Parcel Number 261-40-108

Home Details

Home Type

Single Family

Year Built

Built in 1920

Lot Details

4,312 Sq Ft Lot

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Listing Class: Residential
  • Second Res Apx Sq Ft: 460
  • Structure Sq Ft: 1260
  • Incorporated: Yes
  • Year Built: 1920
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Marble, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1260
  • Stories: 1
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, BBQ Area, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced Back, Mixed Height / Type
  • Construction Type: Masonry, Wood

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, On Street
  • Carport Min: 1

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer in Street

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 261-40-108
  • Lot Acres: 0.0990
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4325.51
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4325.51

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Thermostat Controller

Multi Family

  • Utilities: Public Utilities
  • Second Unit Description: Cottage on Site

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 12, 2016
Closed on
May 19, 2016
Sold by
Makdessian Avo
Bought by
Alberts Andrew L and Alberts Jay S
Seller's Agent
Colin Clancy
KW Bay Area Estates
Buyer's Agent
Claire Meager
Re/Max Accord
List Price
$779,000
Sold Price
$825,000
Premium/Discount to List
$46,000
5.91%
Current Estimated Value
$1,243,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,178
Avg. Annual Appreciation
4.27%
Original Mortgage
$625,000
Outstanding Balance
$496,406
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$746,772

Purchase Details

Closed on
Feb 19, 2003
Sold by
Makdessian Sossy R and Makdessian Harut A
Bought by
Makdessian Avo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
5.93%

Purchase Details

Closed on
Mar 18, 1999
Sold by
Makdessian Sossy R and Makdessian Harut A
Bought by
Makdessian Harut A and Makdessian Sossy R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.42%

Purchase Details

Closed on
Jul 17, 1997
Sold by
Makdessian Hagop A and Makdessian Awadis
Bought by
Makdessian Harut A and Makdessian Sossy R
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Alberts Andrew L $825,000 Old Republic Title Company
Makdessian Avo -- Old Republic Title Company
Makdessian Harut A -- Old Republic Title Company
Makdessian Harut A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alberts Andrew L $625,000
Previous Owner Makdessian Avo $205,000
Previous Owner Makdessian Harut A $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/24/2016 05/24/16 Sold $825,000 +5.9% $655 / Sq Ft
04/23/2016 04/23/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $779,000 -- $618 / Sq Ft
Source: MLSListings

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 $12,494 $976,625 $674,760 $301,865
2024 $12,494 $957,477 $661,530 $295,947
2023 $12,255 $938,704 $648,559 $290,145
2022 $12,149 $920,299 $635,843 $284,456
2021 $11,899 $902,255 $623,376 $278,879
2020 $11,630 $893,005 $616,985 $276,020
2019 $11,382 $875,496 $604,888 $270,608
2018 $11,268 $858,330 $593,028 $265,302
2017 $11,177 $841,500 $581,400 $260,100
2016 $3,773 $222,978 $144,732 $78,246
2015 $3,803 $219,629 $142,558 $77,071
2014 $3,314 $215,328 $139,766 $75,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81579699

MLSListings

APN: 261-40-108

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