NOT LISTED FOR SALE

2462 Balme Dr San Jose, CA 95122

Meadows Neighborhood

Estimated Value: $396,000 - $498,000

1 Bed
1 Bath
648 Sq Ft
653 Sq Ft Lot

Last Sold March 16, 2022

Last sale price $461,000 $711 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,866/month

7 Days on Market

Highlights

  • Walk-In Closet
  • Bathroom on Main Level
  • Tile Flooring
  • Breakfast Bar
  • Laundry in Utility Room
  • Dining Area

About This Home

As of March 2022

Welcome home! This one bedroom, one bathroom ground floor condo offers ample living space. It features a galley kitchen that overlooks the dining area and spacious living room. The remodeled kitchen features new appliances, cabinets and full backsplash. The remodels include new dual pane windows, interior paint and wall furnace. The large living room overlooks the private patio where you can spend a serene afternoons. It features 1 carport and is conveniently located near the 101 FWY entrance/exit and shopping centers. HOA covers garbage, does not include water; no rental restrictions. Excellent opportunity for first time home buyers and investors.

Last Agent to Sell the Property

Karen Xu

Anew Elite License #01783775 Listed on: 02/17/2022

Last Buyer's Agent

Dominic Gluhaich

Compass License #02092371

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,918

Year Built

  • 1984

Lot Details

  • 653

Home Design

  • Slab Foundation

Interior Spaces

  • 648 Sq Ft Home
  • 1-Story Property
  • Dining Area

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Microwave

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • 1 Full Bathroom

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Parking

  • 1 Carport Space
  • Assigned Parking

Additional Features

  • Back Yard Fenced
  • Wall Furnace

Community Details

  • Association fees include decks, exterior painting, insurance - common area
  • Fairwood Park Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,918

Year Built

1984

Lot Details

0

Listing Details

  • Zoning: A-PD
  • Subclass: Condominium
  • Age: 38
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Structure Sq Ft: 648
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Microwave, Oven - Electric
  • Living Sq Ft: 648
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Laundry: Electricity Hookup (220V), In Utility Room
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Full On Ground Floor

Exterior Features

  • Foundation: Concrete Slab
  • Fencing: Fenced Back

Garage/Parking

  • Garage Parking Features: Assigned Spaces
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 332
  • Association Fees Include: Decks, Exterior Painting, Insurance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Fairwood Park

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Schools

  • School District: East Side Union High
  • Elementary School: Stonegate Elementary
  • High School: Yerba Buena High
  • High School: 254
  • Elementary School: 122

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 17, 2022
Closed on
Feb 28, 2022
Sold by
Martha Sosa
Bought by
Hobson Logan M and Hobson Thurman A
Seller's Agent
Karen Xu
Anew Elite
Buyer's Agent
Dominic Gluhaich
Compass
List Price
$429,000
Sold Price
$461,000
Premium/Discount to List
$32,000
7.46%
Current Estimated Value
$435,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,382
Avg. Annual Appreciation
-1.63%
Original Mortgage
$345,750
Outstanding Balance
$323,513
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$112,105

Purchase Details

Closed on
Aug 25, 2004
Sold by
Olivares Jose Raul
Bought by
Sosa Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.34%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
Sold by
Ramirez Lucia
Bought by
Olivares Jose Raul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.99%

Purchase Details

Closed on
Oct 24, 2002
Sold by
Chau Joe
Bought by
Olivares Jose Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
5.99%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Hobson Logan M $461,000 Chicago Title
Sosa Martha $215,000 Financial Title Company
Olivares Jose Raul -- First American Title Company
Olivares Jose Paul $206,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hobson Logan M $345,750
Previous Owner Sosa Martha $9,254
Previous Owner Sosa Martha $230,000
Previous Owner Sosa Martha $172,000
Previous Owner Olivares Jose Paul $164,800
Closed Olivares Jose Paul $41,200
Closed Sosa Martha $43,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Sold $461,000 +7.5% $711 / Sq Ft
02/25/2022 02/25/22 Pending -- -- --
02/17/2022 02/17/22 For Sale $429,000 -- $662 / 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 $5,918 $405,000 $202,500 $202,500
2024 $5,918 $415,000 $207,500 $207,500
2023 $6,021 $420,000 $210,000 $210,000
2022 $4,327 $282,063 $70,396 $211,667
2021 $4,320 $276,533 $69,016 $207,517
2020 $4,178 $273,699 $68,309 $205,390
2019 $4,022 $268,333 $66,970 $201,363
2018 $4,026 $263,072 $65,657 $197,415
2017 $3,977 $257,915 $64,370 $193,545
2016 $3,687 $252,858 $63,108 $189,750
2015 $3,541 $244,000 $60,900 $183,100
2014 $2,570 $171,400 $42,800 $128,600
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2022

    Karen Xu

    Anew Elite

    Section Image

  • D

    Buyer's Agent in 2022

    Dominic Gluhaich

    Compass

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81878735

MLSListings

APN: 477-68-003

California Santa Clara County San Jose 95122 Meadows

2462 Balme Dr, San Jose, CA

This home is located at 2462 Balme Dr, San Jose, CA 95122 since 17 February 2022 and is currently estimated at $435,618, approximately $672 per square foot. This property was built in 1984. 2462 Balme Dr is a home located in Santa Clara County with nearby schools including Stonegate Elementary School, Sylvandale Middle School, and Yerba Buena High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes