NOT LISTED FOR SALE

25 S 3rd St Unit 507 San Jose, CA 95113

Sun Neighborhood

Estimated Value: $713,000 - $910,000

2 Beds
2 Baths
1,200 Sq Ft
$526/mo HOA Fee

Last Sold September 27, 2019

Last sale price $770,000 $642 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,857/month

48 Days on Market

Highlights

  • Fitness Center
  • 2-minute walk to Santa Clara Station Southbound
  • City Lights View
  • Unit is on the top floor
  • Gated Community
  • 5-minute walk to St James Park

About This Home

As of September 2019

Live in the heart of Downtown San Jose in this bright and inviting two bedroom, two bath penthouse condo in The Globe building. This top-story condo has an open concept, abundance of natural light and two balconies with sweeping views of the City and foothills. The inviting floor plan has high ceilings, a spacious living room/dining room combo and engineered wood floors. The modern kitchen features European-style cabinets, granite counter tops, stainless steel appliances, breakfast bar and skylight. Both bedrooms are spacious and the master suite has a walk-in closet and private balcony. Other features include central A/C, recessed lighting, panel doors, roll-down blinds and in-unit washer & dryer. Amenities include two underground parking spots and 24/7 access to an on-site gym and community courtyard with garden. Walking distance to a variety of restaurants, coffee shops, San Pedro Square Market, San Jose State University, VTA light rail and Caltrain.

Last Agent to Sell the Property

Keith Walker

Intero Real Estate Services License #01244287 Listed on: 06/26/2019

Intero Real Estate Services

Co-Listed By

Kris Walker

Intero Real Estate Services License #02048621

Last Buyer's Agent

Saskia Feain

Intero Real Estate Services License #01735617

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,292

Year Built

  • Built in 2007

Lot Details

  • 1,220

HOA Fees

  • $526 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Garage Door Opener
  • Secured Garage or Parking

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Interior Spaces

  • 1,200 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Skylights in Kitchen
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Balcony
  • Unit is on the top floor
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 467-63-073

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, reserves, roof, water / sewer
  • 76 Units
  • Compass Management Association
  • Built by The Globe
  • The community has rules related to parking rules
  • Greenbelt

Amenities

  • Trash Chute
  • Planned Social Activities
  • Elevator

Recreation

  • Fitness Center

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,292

Year Built

Built in 2007

Lot Details

0

HOA Fees

$526 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Restrictions
  • Age: 12
  • Listing Class: Residential
  • Maximum Unit Floor Number: 4
  • Min Numberof Unitsin Complex: 76
  • Structure Sq Ft: 1200
  • Complex Name: The Globe
  • Year Built: 2007
  • Zoning Description: DC
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric, Refrigerator, Skylight
  • Living Sq Ft: 1200
  • Stories: 1
  • Security: Controlled / Secured Access, Secured Garage / Parking
  • Bedrooms: Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Granite, Marble, Showers over Tubs - 2+, Updated Bath

Exterior Features

  • View: City Lights, Mountains, Neighborhood
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 526
  • HOA Amenities: Community Security Gate, Elevator, Garden / Greenbelt / Trails, Gym / Exercise Facility, Organized Activities, Trash Chute
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Reserves, Roof, Water / Sewer
  • H O A Name Text: Compass Management
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Skylight, Walk-in Closet

Schools

  • School District: San Jose Unified
  • Elementary School: Horace Mann Elementary
  • Middle School: Herbert Hoover Middle
  • High School: Abraham Lincoln High
  • High School: 347
  • Elementary School: 371
  • Middle School: 340

Lot Info

  • Lot Description: Views
  • Parcel Number: 467-63-073
  • Lot Acres: 0.0280
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1218.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1218.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Horace Mann Elementary
  • High School Text: Abraham Lincoln High
  • Middle School Text: Herbert Hoover Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2019
Closed on
Aug 30, 2019
Sold by
Cheah David and Li Pei Jun
Bought by
Schwartz Jeffry L
Seller's Agent
Keith Walker
Intero Real Estate Services
Buyer's Agent
Saskia Feain
Intero Real Estate Services
List Price
$798,000
Sold Price
$770,000
Premium/Discount to List
-$28,000
-3.51%
Total Days on Market
48
Current Estimated Value
$796,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,786
Avg. Annual Appreciation
0.94%
Original Mortgage
$616,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2015
Sold by
Globe At 2Nd & Santa Clara Lp and Paseo Villas Lp Santa Clara
Bought by
David Cheah & Pei Jun Li Family Trust and Li Pei Jun
Source: Public Records

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Range of Values:

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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
Schwartz Jeffry L $770,000 Orange Coast Ttl Co Of Nocal
David Cheah & Pei Jun Li Family Trust $675,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Schwartz Jeffrey L $614,000
Closed Schwartz Jeffry L $616,000
Closed Schwartz Jeffry L $616,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2019 09/27/19 Sold $770,000 -3.5% $642 / Sq Ft
08/14/2019 08/14/19 Pending -- -- --
06/26/2019 06/26/19 For Sale $798,000 -- $665 / 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 $10,292 $825,592 $412,796 $412,796
2023 $10,110 $809,404 $404,702 $404,702
2022 $10,038 $793,534 $396,767 $396,767
2021 $9,870 $777,976 $388,988 $388,988
2020 $9,701 $770,000 $385,000 $385,000
2019 $9,150 $716,314 $358,157 $358,157
2018 $9,067 $702,270 $351,135 $351,135
2017 $8,995 $688,500 $344,250 $344,250
2016 $8,835 $675,000 $337,500 $337,500
2015 $6,082 $445,277 $19,047 $426,230
2014 $5,391 $383,335 $18,674 $364,661
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81758278

MLSListings

APN: 467-63-073