NOT LISTED FOR SALE

2542 Downing Ave San Jose, CA 95128

Fruitdale Neighborhood

Estimated Value: $1,456,000 - $1,766,910

3 Beds
2 Baths
1,350 Sq Ft
$1,204/Sq Ft Est. Value

Last Sold February 03, 2017

Last sale price $925,000 $685 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $10,297/month

7 Days on Market

Highlights

  • Wood Flooring
  • Solid Surface Bathroom Countertops
  • Balcony
  • Del Mar High School Rated A-
  • Breakfast Area or Nook
  • 2-minute walk to Marijane Hamann Park

About This Home

As of February 2017

Welcome to this warm and inviting home of 1,350 +/- SF with a well-designed floor plan that includes a formal living room with a brick fireplace, recessed lights and neutral carpeting, an open gourmet kitchen with a ceiling fan, refrigerator, tile counters and floor, adjacent dining room with an elegant chandelier, three spacious bedrooms, all with recessed lighting, plus two baths in this natural light-filled home. The inviting master suite features a ceiling fan, delicate overhead lights, neutral carpet and a sleek, well-lit en suite bath that is beautifully finished with porcelain tile, maple cabinets and a large shower with a clear glass slider. Two additional bedrooms: one bedroom has wainscoting, the other is being used as an office and both have hardwood flooring and recessed lighting. The hall bath has a marble vanity with a large mirror and a decorative backsplash, a shower over tub with a tile surround and petite tile floor. There is an attached two car garage.

Last Agent to Sell the Property

Moe Baniani

Compass License #01050509 Listed on: 01/02/2017

Compass

Last Buyer's Agent

George Tan

Coldwell Banker Realty License #01891525

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,123

Year Built

  • Built in 1961

Lot Details

  • 5,924 Sq Ft Lot
  • Wood Fence
  • Level Lot
  • Back Yard
  • Zoning described as R1-8

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Ceiling Insulation
  • Wood Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,350 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Dining Area
  • Alarm System
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 282-16-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,123

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 1350
  • Year Built: 1961
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Oven - Built-In, Oven - Electric, Refrigerator
  • Living Sq Ft: 1350
  • Stories: 1
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Solid Surface, Stall Shower, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Wood Shakes / Shingles
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Fencing: Wood

Garage/Parking

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

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 282-16-004
  • Lot Acres: 0.1360
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5940.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5940.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 7, 2018
Sold by
Mody Karan N and Mody Tiffany
Bought by
Mody Karan Nitin and Mody Tiffany Chan
Current Estimated Value
$1,665,623

Purchase Details

Listed on
Jan 2, 2017
Closed on
Jan 23, 2017
Sold by
Olsen Martin P and Olsen Juana
Bought by
Mody Karan N and Mody Tiffany
Seller's Agent
Moe Baniani
Compass
Buyer's Agent
George Tan
Coldwell Banker Realty
List Price
$799,000
Sold Price
$925,000
Premium/Discount to List
$126,000
15.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.42%
Original Mortgage
$740,000
Interest Rate
4.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2001
Sold by
Olsen Martin P and Olsen Martin
Bought by
Olsen Martin P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.87%

Purchase Details

Closed on
Jun 21, 2000
Sold by
Garcilazo Jimenez Juana
Bought by
Olsen Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 20, 2000
Sold by
Lepiane Douglas Trustee and Virginia L
Bought by
Olsen Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 3, 1999
Sold by
Douglas Lepiane and Douglas Virginia L
Bought by
Williams Virginia L and Lepiane Douglas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.56%

Purchase Details

Closed on
Aug 23, 1999
Sold by
Lepiane Douglas Trustee and Virginia L
Bought by
Lepiane Douglas J and Williams Virginia L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,000
Interest Rate
7.56%

Purchase Details

Closed on
Dec 2, 1997
Sold by
Lepiane Douglas J
Bought by
The Douglas Lepiane Living Trust and Lepiane Douglas
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
Mody Karan Nitin -- None Available
Mody Karan N $925,000 Old Republic Title Company
Olsen Martin P -- Fidelity National Title Co
Olsen Martin -- Chicago Title Co
Olsen Martin -- Chicago Title Co
Williams Virginia L -- --
Lepiane Douglas J -- Chicago Title Co
The Douglas Lepiane Living Trust -- --
The Virginia L Williams Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mody Karan Nitin $690,000
Closed Mody Karan N $740,000
Previous Owner Olsen Martin P $560,000
Previous Owner Olsen Martin P $79,000
Previous Owner Olsen Martin P $532,000
Previous Owner Olsen Martin P $80,000
Previous Owner Olsen Martin P $50,000
Previous Owner Olsen Martin P $336,000
Previous Owner Olsen Martin $315,000
Previous Owner Lepiane Douglas J $117,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/03/2017 02/03/17 Sold $925,000 +15.8% $685 / Sq Ft
01/10/2017 01/10/17 Pending -- -- --
01/02/2017 01/02/17 For Sale $799,000 -- $592 / 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 $14,123 $1,052,487 $736,742 $315,745
2023 $13,866 $1,031,851 $722,297 $309,554
2022 $13,767 $1,011,620 $708,135 $303,485
2021 $13,511 $991,785 $694,250 $297,535
2020 $13,166 $981,617 $687,132 $294,485
2019 $13,008 $962,370 $673,659 $288,711
2018 $12,651 $943,500 $660,450 $283,050
2017 $7,964 $556,198 $430,397 $125,801
2016 $7,924 $545,293 $421,958 $123,335
2015 $7,818 $537,103 $415,620 $121,483
2014 $6,830 $526,583 $407,479 $119,104
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Moe Baniani

    Compass

    Section Image

  • G

    Buyer's Agent in 2017

    George Tan

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81634480

MLSListings

APN: 282-16-004

California Santa Clara County San Jose 95128 Fruitdale

2542 Downing Ave, San Jose, CA

This home is located at 2542 Downing Ave, San Jose, CA 95128 since 02 January 2017 and is currently estimated at $1,624,978, approximately $1,203 per square foot. This property was built in 1961. 2542 Downing Ave is a home located in Santa Clara County with nearby schools including Del Mar High School, Sherman Oaks Elementary School, and Blackford Elementary.

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