NOT LISTED FOR SALE

248 Arbor Valley Dr San Jose, CA 95119

Rancho Santa Teresa Neighborhood

Estimated Value: $1,210,763 - $1,452,000

2 Beds
1 Bath
816 Sq Ft
$1,604/Sq Ft Est. Value

Last Sold November 20, 2019

Last sale price $740,000 $907 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $8,297/month

11 Days on Market

Highlights

  • Eat-In Kitchen
  • Forced Air Heating System
  • 1-Story Property
  • Santa Teresa High School Rated A
  • Dining Room

About This Home

As of November 2019

Opportunity Knocks! Rare find single family home with a huge lot of almost 7,300 s.f. in the beautiful Santa Teresa foothills!! Lots of potentials!! In a tree-lined neighborhood close to shopping, schools and major freeways. Views of mountain in the backyard. Bring your imaginations. remodel, expand, add an ADU or in-law quarter. Endless possibilities!!

Last Agent to Sell the Property

Vendy Chan

Century 21 MM License #01146205 Listed on: 09/14/2019

Century 21 MM

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,559

Year Built

  • 1970

Lot Details

  • 7,279 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Crawl Space
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,559

Year Built

1970

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 816
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1970

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat In Kitchen, No Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 816
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.1671
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7279.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7279.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2019
Closed on
Nov 15, 2019
Sold by
Bettencourt Harry and Bettencourt Paula V
Bought by
Nasar Andrew Rahman and Rahim Ayesha
Seller's Agent
Vendy Chan
Century 21 MM
Buyer's Agent
RECIP
Out of Area Office
List Price
$699,000
Sold Price
$740,000
Premium/Discount to List
$41,000
5.87%
Current Estimated Value
$1,300,186

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$560,186
Avg. Annual Appreciation
10.47%
Original Mortgage
$484,000
Interest Rate
3.5%
Mortgage Type
New Conventional
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
Nasar Andrew Rahman $740,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nasar Andrew Rahman $180,000
Open Nasar Andrew Rahman $528,250
Closed Nasar Andrew Rahman $108,000
Closed Nasar Andrew Rahman $484,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $740,000 +5.9% $907 / Sq Ft
09/26/2019 09/26/19 Pending -- -- --
09/14/2019 09/14/19 For Sale $699,000 -- $857 / 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 $14,559 $980,197 $634,741 $345,456
2023 $14,319 $960,979 $622,296 $338,683
2022 $14,215 $942,138 $610,095 $332,043
2021 $13,977 $923,666 $598,133 $325,533
2020 $10,496 $740,000 $592,000 $148,000
2019 $3,779 $163,843 $49,144 $114,699
2018 $3,304 $160,631 $48,181 $112,450
2017 $3,251 $157,483 $47,237 $110,246
2016 $3,096 $154,396 $46,311 $108,085
2015 $3,026 $152,078 $45,616 $106,462
2014 $2,536 $149,100 $44,723 $104,377
Source: Public Records

Agents Affiliated with this Home

  • V

    Seller's Agent in 2019

    Vendy Chan

    Century 21 MM

    Section Image

  • R

    Buyer's Agent in 2019

    RECIP

    Out of Area Office

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Map

Source: MLSListings

MLS Number: ML81768616

MLSListings

APN: 704-38-016

California Santa Clara County San Jose 95119 Rancho Santa Teresa

248 Arbor Valley Dr, San Jose, CA

This home is located at 248 Arbor Valley Dr, San Jose, CA 95119 since 14 September 2019 and is currently estimated at $1,309,191, approximately $1,604 per square foot. This property was built in 1970. 248 Arbor Valley Dr is a home located in Santa Clara County with nearby schools including Baldwin (Julia) Elementary School, Bernal Intermediate School, and Santa Teresa High School.

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