NOT LISTED FOR SALE

2503 Olivegate Ln San Jose, CA 95136

Hayes Neighborhood

Estimated Value: $684,000 - $755,000

2 Beds
1.5 Baths
1,080 Sq Ft
$662/Sq Ft Est. Value

Last Sold August 23, 2022

Last sale price $650,000 $602 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $5,036/month

5 Days on Market

Highlights

  • 1 Fireplace
  • 2 Car Detached Garage
  • Guest Parking
  • Community Pool
  • Park
  • Outdoor Storage

About This Home

As of August 2022

This cozy home is just the right price in the right location of South San Jose. Very close to shopping centers and Oakridge Mall. Sit's beautifully inside Montecito Community on the corner of Snell Ave & Chynoweth Ave. It offers 2 bedrooms with a full bath in the second floor. First floor has a nice family room with a fire place. New LVT floors all though out the house, New Carpet on the stair case. New Stainless steel appliances in kitchen. New Window Shutters on both floors, Central AC & Heat, Back yard is spacious with fruit trees and plants and a big shed for your storage items. Your front yard is huge and part of the common areas of Montecito Community where the pool and club house are in walking distance & to enjoy all year along with with beautifully landscaped lawns and trees. No neighbors on top or below but to your left and right sides. This home is perfect especially for first time buyers. Let's make this home yours NOW!!!

Last Agent to Sell the Property

Waseem Rabih

Waseem Rabih, Re Broker License #01740892 Listed on: 07/27/2022

Last Buyer's Agent

Waseem Rabih

Waseem Rabih, Re Broker License #01740892 Listed on: 07/27/2022

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,104

Year Built

  • Built in 1977

Lot Details

  • 1,100 Sq Ft Lot
  • Fenced
  • Back and Front Yard

HOA Fees

  • $380 Monthly HOA Fees

Parking

  • 2 Car Detached Garage
  • Guest Parking

Home Design

  • Stucco

Interior Spaces

  • 2-Story Property
  • 1 Fireplace

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Outdoor Storage
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area maintenance, management fee, reserves
  • Not Listed Association, Phone Number (408) 559-1977
  • South San Jose Subdivision

Recreation

  • Community Pool
  • Park

Security

  • Carbon Monoxide Detectors

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,104

Year Built

Built in 1977

Lot Details

0

HOA Fees

$380 per month

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1977
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.025
  • Subdivision Name: SOUTH SAN JOSE
  • Directions: INSIDE MONTECITO COMMUNITY
  • Architectural Style: See Remarks
  • Building Name: Montecito
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet, Other
  • Appliances: Dishwasher, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Other
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Kitchen Features: Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Refrigerator

Exterior Features

  • Fencing: Fenced
  • Lot Features: See Remarks
  • Pool Features: Other, Community
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Unit Faces Common Area, Back Yard, Front Yard, Storage
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Detached, Guest

Utilities

  • Heating: Forced Air
  • Utilities: All Public Utilities
  • Cooling: Central Air
  • Laundry Features: Dryer, Washer
  • Security: Carbon Monoxide Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Pool, Guest Parking, Park
  • Association Fee: 380
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 408-559-1977
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Management Fee, Reserves

Lot Info

  • Lot Size Sq Ft: 1100
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2022
Closed on
Aug 5, 2022
Sold by
John Villarreal Revocable Trust
Bought by
Delgado Steven and Inzunza Bianca
Seller's Agent
Waseem Rabih
Waseem Rabih, Re Broker
Buyer's Agent
Waseem Rabih
Waseem Rabih, Re Broker
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Views
22
Current Estimated Value
$715,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$65,312
Avg. Annual Appreciation
3.23%
Original Mortgage
$664,950
Outstanding Balance
$635,535
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$79,777

Purchase Details

Closed on
Sep 11, 2013
Sold by
Villarreal John
Bought by
Villarreal John

Purchase Details

Closed on
Apr 6, 2013
Sold by
Villarreal John
Bought by
Villarreal John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2010
Sold by
Villarreal John and Villarreal John
Bought by
Villarreal John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.31%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
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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
Delgado Steven $650,000 Old Republic Title
Villarreal John -- None Available
Villarreal John -- Orange Coast Title
Villarreal John -- Servicelink
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delgado Steven $664,950
Previous Owner Villarreal John $119,000
Previous Owner Villarreal John $150,000
Previous Owner Villarreal John $100,000
Previous Owner Villarreal John $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $650,000 -- --
08/23/2022 08/23/22 Sold $650,000 +8.5% $602 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/27/2022 07/27/22 For Sale $599,000 -- $555 / Sq Ft
Source: Bay East Association of REALTORS®

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 $9,104 $676,260 $338,130 $338,130
2024 $9,104 $663,000 $331,500 $331,500
2023 $8,971 $650,000 $325,000 $325,000
2022 $2,096 $104,438 $24,351 $80,087
2021 $2,037 $102,391 $23,874 $78,517
2020 $2,012 $101,342 $23,630 $77,712
2019 $1,969 $99,356 $23,167 $76,189
2018 $1,946 $97,409 $22,713 $74,696
2017 $1,917 $95,500 $22,268 $73,232
2016 $1,818 $93,629 $21,832 $71,797
2015 $1,767 $92,224 $21,505 $70,719
2014 $1,697 $90,418 $21,084 $69,334
Source: Public Records

Agents Affiliated with this Home

  • W

    Seller's Agent in 2022

    Waseem Rabih

    Waseem Rabih, Re Broker

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41003251

Bay East Association of REALTORS®

APN: 685-21-015

California Santa Clara County San Jose 95136 Hayes

2503 Olivegate Ln, San Jose, CA

This home is located at 2503 Olivegate Ln, San Jose, CA 95136 since 27 July 2022 and is currently estimated at $715,312, approximately $662 per square foot. This property was built in 1977. 2503 Olivegate Ln is a home located in Santa Clara County with nearby schools including Hayes Elementary School, Davis (Caroline) Intermediate School, and Oak Grove High School.

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