NOT LISTED FOR SALE

2540 Bailey Ave San Jose, CA 95128

Bascom-Forest Neighborhood

Estimated Value: $1,439,000 - $1,608,231

2 Beds
2 Baths
1,423 Sq Ft
$1,069/Sq Ft Est. Value

Last Sold July 08, 2024

Last sale price $1,520,000 $1,068 Per Sq Ft

Current estimated payment $9,371/month

7 Days on Market

Highlights

  • Solar Power System
  • Quartz Countertops
  • Eat-In Kitchen
  • Outdoor Fireplace
  • 2 Car Detached Garage
  • Bathtub

About This Home

As of July 2024

Welcome to 2540 Bailey Ave, a gem in the heart of San Jose. This exquisite 2Bed 2Bath mid century ranch style home blends classic charm with modern updates. Situated on a generous 9,400+sqft. lot, this property offers sufficient space for indoor and outdoor living with luxurious features. The beautifully remodeled interior boasts vinyl flooring, enhancing the spacious living room's inviting ambiance. Large windows offer picturesque views of the lush greenery outside. The updated kitchen features sleek cabinetry, high-end stainless steel appliances, and stunning quartz countertops. The open-concept design includes a dining area that seamlessly connects to the living space. The two bedrooms are restful retreats!The expansive outdoor space is a standout feature. The backyard provides a serene escape, boasting a garden with mature fruit trees. A charming pergola with a wood-burning fireplace is perfect for outdoor lounging. Additionally, the property includes a 600sqft. detached 2-car garage with a meat locker, offering storage and versatility. Equipped with solar panels, this home is energy-efficient and eco-friendly. Located near Santana Row, Valley Fair Mall & easy freeway access, it offers unparalleled convenience. Don't miss the chance to make 2540 Bailey Avenue your new home!

Last Agent to Sell the Property

Jessica Bermea

Compass License #02087712 Listed on: 06/05/2024

Compass

Last Buyer's Agent

Christine Diep

First Star Realty Inc License #01391554

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1953

Lot Details

  • 9,439 Sq Ft Lot
  • North Facing Home
  • Gated Home
  • Level Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Brick Exterior Construction
  • Shingle Roof
  • Wood Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,423 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Vinyl Flooring
  • Crawl Space
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party
  • Solar Heating System

Outdoor Features

  • Outdoor Fireplace
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Water Filtration System

Listing and Financial Details

  • Assessor Parcel Number 274-59-032

Home Details

Home Type

Single Family

Year Built

Built in 1953

Lot Details

9,439 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1423
  • Year Built: 1953
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area, Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Garbage Disposal, Oven - Gas, Oven Range - Electric, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1423
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor, Primary Bedroom on Ground Floor
  • Laundry: Inside
  • Flooring: Vinyl / Linoleum
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition, Shingle, Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Fenced, Outdoor Fireplace, Storage Shed / Structure
  • Fencing: Fenced, Gate
  • Property Faces: North
  • Construction Type: Brick, Stucco, Wood

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 4
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air - Gas, Fireplace, Solar
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 239

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 274-59-032
  • Lot Acres: 0.2167
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 9441.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 9441.00

Green Features

  • Energy Features: Solar Power

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Solar Panels - Leased

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Lynhaven Elementary
  • High School Text: Del Mar High
  • Middle School Text: Monroe Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2024
Closed on
Jun 26, 2024
Sold by
Kreidle Brian M and Kreidle Suzanne E
Bought by
Dar Rohit and Dar Ravi Narayan
Seller's Agent
Jessica Bermea
Compass
Buyer's Agent
Christine Diep
First Star Realty Inc
List Price
$1,450,000
Sold Price
$1,520,000
Premium/Discount to List
$70,000
4.83%
Views
36
Current Estimated Value
$1,520,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$808
Avg. Annual Appreciation
0.03%
Original Mortgage
$1,216,000
Outstanding Balance
$1,194,680
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$326,128

Purchase Details

Closed on
Jan 30, 2020
Sold by
Kreidle Brian M and Kreidle Suzanne E
Bought by
Kreidle Brian M and Kreidle Suzanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,220
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 6, 2019
Sold by
Ashtiani Navid J and Ashtiani Jasmine D
Bought by
Kreidle Brian and Kreidle Suzanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$888,000
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 6, 2018
Sold by
Vandalsem Dale and Van Dalsem Family Trust
Bought by
Ashtiani Navid J and Ashtiani Jasmine D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$637,000
Interest Rate
3.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 1999
Sold by
Vandalsem Samuel E
Bought by
Vandalsem Samuel and Vandalsem Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dar Rohit $1,520,000 First American Title
Kreidle Brian M -- First American Title Company
Kreidle Brian $1,135,000 Chicago Title Company
Ashtiani Navid J $850,000 Chicago Title Co
Vandalsem Samuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dar Rohit $1,216,000
Previous Owner Kreidle Brian M $693,220
Previous Owner Kreidle Brian $888,000
Previous Owner Ashtiani Navid J $637,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2024 07/08/24 Sold $1,520,000 +4.8% $1,068 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/05/2024 06/05/24 For Sale $1,450,000 -- $1,019 / Sq Ft
Source: MLSListings

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 $16,468 $1,520,000 $1,140,000 $380,000
2024 $16,468 $1,241,285 $929,598 $311,687
2023 $16,179 $1,216,947 $911,371 $305,576
2022 $16,057 $1,193,086 $893,501 $299,585
2021 $15,772 $1,169,693 $875,982 $293,711
2020 $15,379 $1,157,700 $867,000 $290,700
2019 $15,045 $1,122,000 $836,400 $285,600
2018 $2,073 $64,724 $23,730 $40,994
2017 $2,037 $63,456 $23,265 $40,191
2016 $1,936 $62,212 $22,809 $39,403
2015 $1,902 $61,279 $22,467 $38,812
2014 $1,429 $60,079 $22,027 $38,052
Source: Public Records

Agents Affiliated with this Home

  • Jessica Bermea

    Seller's Agent in 2024

    Jessica Bermea

    Compass

    (408) 612-7775

    1 in this area

    25 Total Sales

    Jessica Bermea
    Section Image

  • C

    Buyer's Agent in 2024

    Christine Diep

    First Star Realty Inc

    (408) 438-2350

    1 in this area

    21 Total Sales

    Christine Diep
    Section Image
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Map

Source: MLSListings

MLS Number: ML81968426

MLSListings

APN: 274-59-032

California Santa Clara County San Jose 95128 Bascom-Forest

2540 Bailey Ave, San Jose, CA

Not Listed for Sale

Detached

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