NOT LISTED FOR SALE

2550 Cypress Ridge Ave San Jose, CA 95148

Estimated Value: $1,910,821 - $2,091,000

3 Beds
2.5 Baths
2,144 Sq Ft
$918/Sq Ft Est. Value

Last Sold March 28, 2016

Last sale price $860,000 $401 Per Sq Ft

Est. 129% increase in value since last sale

Current estimated payment $11,488/month

10 Days on Market

Highlights

  • Bay View
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Fireplace

About This Home

As of March 2016

Great opportunity for an investor or primary buyer to purchase this home which is located on 3 acres with magnificent unobstructed views of the Valley, water views of the Bay, dramatic views of the Santa Cruz Mountains and the city lights of San Jose. Privacy abounds with this property which is located at the end of a cul-de-sac and feels worlds away from the hustle and bustle of Silicon Valley, yet being minutes away from town. Come pick out the finishing touches of your personalized dream home. Vineyard possibilities! Create instant equity with this purchase!

Last Agent to Sell the Property

Reza Khan

Reza Khan, Broker License #01880118 Listed on: 03/06/2016

Last Buyer's Agent

Reza Khan

Reza Khan, Broker License #01880118 Listed on: 03/06/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,701

Year Built

  • Built in 1960

Lot Details

  • 3 Acre Lot
  • Zoning described as RR

Parking

  • Carport

Property Views

  • Bay
  • Panoramic
  • City Lights
  • Mountain
  • Hills
  • Valley

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,144 Sq Ft Home
  • 1-Story Property
  • Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 652-05-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,701

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 2144
  • Year Built: 1960
  • Zoning Description: RR
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Living Sq Ft: 2144
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Bay, City Lights, Hills, Mountains, Panoramic, Valley

Garage/Parking

  • Garage Parking Features: Carport, Room for Oversized Vehicle

Utilities

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

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 652-05-005
  • Lot Acres: 3.0000
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 130680.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 130680.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2016
Closed on
Mar 23, 2016
Sold by
Manjourides Scott and Manjourides Tiffany
Bought by
Macsween Aimee Lynn
Seller's Agent
Reza Khan
Reza Khan, Broker
Buyer's Agent
Reza Khan
Reza Khan, Broker
List Price
$799,000
Sold Price
$860,000
Premium/Discount to List
$61,000
7.63%
Current Estimated Value
$1,967,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,107,205
Avg. Annual Appreciation
8.86%

Purchase Details

Listed on
Dec 12, 2012
Closed on
Feb 25, 2013
Sold by
Share Howard D
Bought by
Manjourides Scott and Manjourides Tiffany
Seller's Agent
Ling Hullon
Windsor Realty
Buyer's Agent
Nick Meyer
Redfin
List Price
$895,000
Sold Price
$875,000
Premium/Discount to List
-$20,000
-2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-0.56%
Original Mortgage
$700,000
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2012
Sold by
Share Howard
Bought by
Share Howard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2011
Sold by
Share Evelyn Salim
Bought by
Share Howard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2011
Sold by
Rushane Gary
Bought by
Share Howard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2010
Sold by
Rushane Allen F
Bought by
Rushane Allen F and Faria Denise

Purchase Details

Closed on
Mar 1, 1999
Sold by
Rushane Allen F
Bought by
Rushane Allen F and Shirley Rushane Exemption Trust

Purchase Details

Closed on
Jun 4, 1997
Sold by
Rushane Allen F and Rushane Shirley
Bought by
Rushane Allen F and Rushane Shirley

Purchase Details

Closed on
Feb 28, 1997
Sold by
Rushane Allen F and Rushane Shirley
Bought by
Rushane Allen F and Rushane Shirley
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Macsween Aimee Lynn $860,000 Chicago Title Company
Manjourides Scott $875,000 Fidelity National Title Co
Share Howard D -- Accommodation
Share Howard -- Fidelity National Title Co
Share Howard D -- Old Republic Title Company
Share Howard D $820,000 Old Republic Title Company
Rushane Allen F -- None Available
Rushane Allen F -- --
Rushane Allen F -- --
Rushane Allen F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Manjourides Scott $700,000
Previous Owner Share Howard D $592,500
Previous Owner Share Howard D $656,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $860,000 +7.6% $401 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/06/2016 03/06/16 For Sale $799,000 -8.7% $373 / Sq Ft
02/27/2013 02/27/13 Sold $875,000 -2.2% $408 / Sq Ft
01/20/2013 01/20/13 Pending -- -- --
12/12/2012 12/12/12 For Sale $895,000 -- $417 / 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
2025 $12,701 $1,018,059 $769,465 $248,594
2024 $12,701 $998,098 $754,378 $243,720
2023 $12,270 $978,529 $739,587 $238,942
2022 $12,181 $959,343 $725,086 $234,257
2021 $12,463 $940,533 $710,869 $229,664
2020 $12,060 $930,890 $703,580 $227,310
2019 $11,745 $912,638 $689,785 $222,853
2018 $15,027 $894,744 $676,260 $218,484
2017 $11,320 $877,200 $663,000 $214,200
2016 $12,028 $910,204 $728,164 $182,040
2015 $11,565 $896,533 $717,227 $179,306
2014 $11,338 $878,972 $703,178 $175,794
Source: Public Records

Agents Affiliated with this Home

  • Reza Khan

    Seller's Agent in 2016

    Reza Khan

    Reza Khan, Broker

    (408) 457-4115

    36 Total Sales

    Reza Khan
    Section Image

  • L

    Seller's Agent in 2013

    Ling Hullon

    Windsor Realty

    (408) 314-5319

    9 Total Sales

    Ling Hullon
    Section Image

  • N

    Buyer's Agent in 2013

    Nick Meyer

    Redfin

    Section Image
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Map

Source: MLSListings

MLS Number: ML81563872

MLSListings

APN: 652-05-005

California Santa Clara County San Jose 95148

2550 Cypress Ridge Ave, San Jose, CA

This home is located at 2550 Cypress Ridge Ave, San Jose, CA 95148 since 06 March 2016 and is currently estimated at $1,967,205, approximately $917 per square foot. This property was built in 1960. 2550 Cypress Ridge Ave is a home located in Santa Clara County with nearby schools including Mt. Pleasant High School, Ida Jew Academies, and Tej Acton Academy.

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