2548 Gimelli Way San Jose, CA 95133
Penitencia NeighborhoodEstimated Value: $1,097,000 - $1,117,000
3
Beds
3
Baths
1,370
Sq Ft
$808/Sq Ft
Est. Value
Highlights
- Solar Power System
- Contemporary Architecture
- Balcony
- Mountain View
- Granite Countertops
- 2-minute walk to Delano Manongs Park
About This Home
As of November 2022School is back in session but there's still great opportunities to buy great homes. Here is one of those rare finds that you typically don't see after the summer. This home shows like new and was recently constructed by one of the best developers in California, Pulte Homes. The Capitol is one of their latest local developments that has sold out quickly during construction. Here is your opportunity to buy in a less competitive market. Great appointments throughout complete with stainless appliances and granite counters. like new refrigerator, washer and dryer all stay. Utilities are minimal due to builder installed solar that is owned not leased. The location of this home is within walking distance to light rail transportation, bus lines, shopping centers, fitness centers and many other conveniences. In addition to that it's only a short drive to downtown San Jose. Please don't miss out on this opportunity to purchase a near new home in a great location built by a great developer.
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $13,804
Year Built
- Built in 2019
Lot Details
- 1,372 Sq Ft Lot
HOA Fees
- $275 Monthly HOA Fees
Parking
- 2 Car Garage
- Garage Door Opener
- Secured Garage or Parking
- Guest Parking
- On-Street Parking
Property Views
- Mountain
- Neighborhood
Home Design
- Contemporary Architecture
- Reinforced Concrete Foundation
- Wood Frame Construction
- Ceiling Insulation
- Stucco
Interior Spaces
- 1,370 Sq Ft Home
- 3-Story Property
- Double Pane Windows
Kitchen
- Open to Family Room
- Breakfast Bar
- Granite Countertops
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 3 Bedrooms
- Walk-In Closet
- 3 Full Bathrooms
- Low Flow Toliet
Laundry
- Laundry in Utility Room
- Washer and Dryer
Home Security
Eco-Friendly Details
- Energy-Efficient Insulation
- Solar Power System
Outdoor Features
- Balcony
- Barbecue Area
Utilities
- Forced Air Heating and Cooling System
- Thermostat
- Separate Meters
- Water Purifier is Owned
- Water Softener is Owned
- Sewer Within 50 Feet
Listing and Financial Details
- Assessor Parcel Number 254-91-176
Community Details
Overview
- Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - road, management fee, reserves, roof
- 188 Units
- The Capitol Owners Association
- Built by The Capitol
Security
- Fire Sprinkler System
- Fire Suppression System
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 2, 2022
Closed on
Nov 17, 2022
Sold by
Armbruster Jeremy J and Armbruster Kimberley G
Bought by
Anandamurthy Dheeraj Turupu
Seller's Agent
Arion Jones
Jones Realty
Buyer's Agent
Mansoor Chandiwala
Home Advantage Corp
List Price
$988,888
Sold Price
$950,000
Premium/Discount to List
-$38,888
-3.93%
Total Days on Market
64
Views
7
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,525
Avg. Annual Appreciation
6.24%
Original Mortgage
$700,000
Interest Rate
6.94%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 14, 2020
Sold by
Pulte Home Company Llc
Bought by
Armbruster Jeremy J and Armbruster Kimberley G
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,600
Interest Rate
2.7%
Mortgage Type
New Conventional
Similar Homes in San Jose, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Anandamurthy Dheeraj Turupu | $950,000 | First American Title | |
| Anandamurthy Dheeraj Turupu | -- | First American Title | |
| Armbruster Jeremy J | $872,500 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Anandamurthy Dheeraj Turupu | $700,500 | |
| Closed | Anandamurthy Dheeraj Turupu | $700,000 | |
| Closed | Anandamurthy Dheeraj Turupu | $700,000 | |
| Closed | Anandamurthy Dheeraj Turupu | $700,000 | |
| Previous Owner | Armbruster Jeremy J | $765,600 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/21/2022 11/21/22 | Sold | $950,000 | -3.9% | $693 / Sq Ft |
| 11/06/2022 11/06/22 | Pending | -- | -- | -- |
| 11/02/2022 11/02/22 | For Sale | $988,888 | +4.1% | $722 / Sq Ft |
| 11/02/2022 11/02/22 | Off Market | $950,000 | -- | -- |
| 10/22/2022 10/22/22 | Price Changed | $988,888 | -3.1% | $722 / Sq Ft |
| 10/01/2022 10/01/22 | Price Changed | $1,020,000 | -5.6% | $745 / Sq Ft |
| 09/02/2022 09/02/22 | For Sale | $1,080,000 | -- | $788 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $13,804 | $969,000 | $484,500 | $484,500 |
| 2023 | $13,571 | $950,000 | $475,000 | $475,000 |
| 2022 | $12,766 | $889,471 | $444,735 | $444,736 |
| 2021 | $12,059 | $872,031 | $436,015 | $436,016 |
| 2020 | $1,929 | $123,318 | $123,318 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Arion Jones
Seller's Agent in 2022
Arion Jones
Jones Realty
(408) 832-3352
1 in this area
4 Total Sales
-
Mansoor Chandiwala
M
Buyer's Agent in 2022
Mansoor Chandiwala
Home Advantage Corp
1 in this area
20 Total Sales
Map
Source: MLSListings
MLS Number: ML81905966
APN: 254-91-176
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