NOT LISTED FOR SALE

242 Palacio Royale Cir San Jose, CA 95116

Checkers Neighborhood

Estimated Value: $700,000 - $814,000

4 Beds
2.5 Baths
1,474 Sq Ft
$514/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $450,000 $305 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $4,791/month

7 Days on Market

Highlights

  • Contemporary Architecture
  • Park or Greenbelt View
  • Bathtub with Shower
  • Independence High School Rated A-
  • Balcony
  • Tile Flooring

About This Home

As of June 2016

Beautiful two-story open plan townhouse. Perfect for first time home buyers or investors! Tile floors and recessed lighting throughout first floor, new paint in upstairs bedrooms, inside laundry, two carport conveniently in front of back patio. Close to schools, shops, light rail, hospital, freeway 101, 280/680. Must see, must have!

Last Agent to Sell the Property

Jennifer Nguyen

Corcoran Icon Properties License #01938510 Listed on: 04/12/2016

Last Buyer's Agent

Robert Stewart

Corcoran Icon Properties License #00514363

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,316

Year Built

  • Built in 1977

Lot Details

  • 958 Sq Ft Lot
  • Fenced

Home Design

  • Contemporary Architecture
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,474 Sq Ft Home
  • 2-Story Property
  • Wired For Sound
  • Combination Dining and Living Room
  • Park or Greenbelt Views
  • Window Bars With Quick Release
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 2 Carport Spaces
  • Guest Parking

Outdoor Features

  • Balcony

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Septic Tank
  • High Speed Internet
  • Satellite Dish

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance, landscaping / gardening, maintenance - common area, unit coverage insurance
  • Park Mckee HOA

Listing and Financial Details

  • Assessor Parcel Number 481-57-009

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,316

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 1474
  • Year Built: 1977
  • Zoning Description: RM-PD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining "L", Dining Area in Living Room
  • Kitchen: 220 Volt Outlet
  • Living Sq Ft: 1474
  • Stories: 2
  • Security: Window Bars with Quick Release
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Greenbelt
  • Yard/Grounds: Balcony / Patio
  • Fencing: Fenced
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport, Guest / Visitor Parking
  • Carport Min: 2

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Septic Connected

Condo/Co-op/Association

  • HOA Fees: 265
  • Association Fees Include: Common Area Electricity, Insurance, Landscaping / Gardening, Maintenance - Common Area, Unit Coverage Insurance
  • H O A Name Text: Park McKee HOA
  • H O A Exist: Yes

Schools

  • School District: East Side Union High
  • High School: Independence High
  • High School: 246

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 481-57-009
  • Lot Acres: 0.0220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 967.03
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 967.03

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: East Side Union High
  • High School Text: Independence High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2024
Sold by
Sanh Yan Timothy and Kim Hanh
Bought by
Yan And Nguyen Family Trust and Yan
Current Estimated Value
$757,969

Purchase Details

Listed on
Apr 12, 2016
Closed on
Jun 13, 2016
Sold by
Patel Sudha and Patel Ankesh P
Bought by
Yan Timothy Sanh and Nguyen Hanh Kim
Seller's Agent
Jennifer Nguyen
Corcoran Icon Properties
Buyer's Agent
Robert Stewart
Corcoran Icon Properties
List Price
$450,000
Sold Price
$450,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.81%
Original Mortgage
$350,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 27, 2002
Sold by
Patel Sudha and Patel Ankesh P
Bought by
Patel Sudha and Patel Ankesh P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
6.16%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yan And Nguyen Family Trust -- None Listed On Document
Yan Timothy Sanh $450,000 First American Title Company
Patel Sudha $71,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yan Timothy Sanh $317,200
Previous Owner Yan Timothy Sanh $350,000
Previous Owner Patel Sudha $396,000
Previous Owner Patel Sudha $88,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2016 06/15/16 Sold $450,000 0.0% $305 / Sq Ft
04/20/2016 04/20/16 Pending -- -- --
04/12/2016 04/12/16 For Sale $450,000 -- $305 / 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 $8,316 $532,702 $266,351 $266,351
2024 $8,316 $522,258 $261,129 $261,129
2023 $8,143 $512,018 $256,009 $256,009
2022 $7,988 $501,980 $250,990 $250,990
2021 $7,708 $492,138 $246,069 $246,069
2020 $7,551 $487,092 $243,546 $243,546
2019 $7,340 $477,542 $238,771 $238,771
2018 $7,241 $468,180 $234,090 $234,090
2017 $7,263 $459,000 $229,500 $229,500
2016 $3,792 $209,280 $72,481 $136,799
2015 $4,739 $206,138 $71,393 $134,745
2014 $3,719 $202,101 $69,995 $132,106
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81579813

MLSListings

APN: 481-57-009