NOT LISTED FOR SALE

2559 Yerba Bank Ct San Jose, CA 95121

Estimated Value: $851,568 - $943,000

2 Beds
2 Baths
1,050 Sq Ft
$275/mo HOA Fee

Last Sold October 31, 2018

Last sale price $685,000 $652 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,156/month

9 Days on Market

Highlights

  • In Ground Pool
  • Wood Flooring
  • High Ceiling
  • James Franklin Smith Elementary School Rated A-
  • Loft
  • Granite Countertops

About This Home

As of October 2018

If you like to be immersed in a resort like feeling environment, you will fall for this lovely unit condo in the serene Yerba Buena Villas in Evergreen. Surrounded by the scenic sequoias, lawn and playground, this two-bedroom unit features high ceilings in living room and master bedroom, open loft area ideal for an office or overnight guest. It is a South East facing end unit full of natural light, upgraded with LED recessed lights, plantation window shutters, granite counter top in kitchen, brand new furnace and AC condenser, garage door opening machine and garbage disposal. Large walk-in closets in both master bedroom and the upstairs loft. Wood floor in living room and dining area. New interior painting. Refrigerator, washer and dryer and the decorative mirror are included. Low HOA due $275/month covers community pool and spa, garbage, playground, common areas. County record shows 849 Sq. Ft. Actual living Sq. Ft. 1050 with extra loft area. Buyer to verify actual square footage.

Last Listed By

Yue Ma

Horizon Journey Inc. License #01899365 Listed on: 09/26/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,160

Year Built

  • Built in 1988

Lot Details

  • 1,211

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,050 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Dining Area
  • Loft
  • Washer and Dryer

Kitchen

  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 676-77-055

Community Details

Overview

  • Association fees include common area electricity, maintenance - common area, maintenance - exterior, reserves, roof
  • Modern Management Inc. Association
  • Built by Yerba Buena Villas

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,160

Year Built

Built in 1988

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 1050
  • Complex Name: Yerba Buena Villas
  • Year Built: 1988
  • Zoning Description: R1PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Garbage Disposal, Refrigerator
  • Living Sq Ft: 1050
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility, Pool - In Ground, Spa / Hot Tub
  • Roof: Tile
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 275
  • HOA Amenities: Community Pool, Playground
  • HOA Documents: Budget, Bylaws, CC&RS, Minutes, Reserve Study
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area, Maintenance - Exterior, Reserves, Roof
  • H O A Name Text: Modern Management Inc.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 676-77-055
  • Lot Acres: 0.0278
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1213.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1213.00

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
Sep 26, 2018
Closed on
Oct 25, 2018
Sold by
Lu You
Bought by
Mehrad Kajooeyan and Hashemi Tehrany Farahnaz
Seller's Agent
Yue Ma
Horizon Journey Inc.
Buyer's Agent
Mina Taheri
Synoptic Real Estate Group
List Price
$689,000
Sold Price
$685,000
Premium/Discount to List
-$4,000
-0.58%
Total Days on Market
9
Current Estimated Value
$903,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,642
Avg. Annual Appreciation
4.31%
Original Mortgage
$650,750
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 7, 2012
Closed on
Apr 9, 2013
Sold by
Haley Michael D and Haley Terrie L
Bought by
Lu You
Seller's Agent
Randy Cedano
Randy Cedano, Broker
Buyer's Agent
Yue Ma
Sunshine Investment
List Price
$285,000
Sold Price
$305,000
Premium/Discount to List
$20,000
7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.66%

Purchase Details

Closed on
Nov 11, 2005
Sold by
Haley Michael D and Haley Terrie L
Bought by
Haley Michael D and Haley Terrie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2004
Sold by
Hempel David
Bought by
Haley Michael D and Haley Terri L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 9, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Hempel David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,405
Interest Rate
8.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 8, 1996
Sold by
Nguyen Hung N
Bought by
California Mtg Service

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
Mehrad Kajooeyan $685,000 First American Title Co
Lu You $305,000 First American Title Company
Haley Michael D -- Chicago Title
Haley Michael D $403,000 Chicago Title
Hempel David $150,000 Old Republic Title Company
California Mtg Service $149,500 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kajooeyan Mehrad $648,000
Closed Kajooeyan Mehrad $648,000
Closed Mehrad Kajooeyan $650,750
Previous Owner Haley Michael D $440,000
Previous Owner Haley Michael D $431,200
Previous Owner Hempel David $230,400
Previous Owner Hempel David $228,500
Previous Owner Hempel David $176,000
Previous Owner Hempel David $142,405
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/31/2018 10/31/18 Sold $685,000 -0.6% $652 / Sq Ft
10/05/2018 10/05/18 Pending -- -- --
09/26/2018 09/26/18 For Sale $689,000 +125.9% $656 / Sq Ft
04/12/2013 04/12/13 Sold $305,000 +7.0% $362 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
11/07/2012 11/07/12 For Sale $285,000 -- $338 / 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 $10,160 $749,144 $374,572 $374,572
2023 $9,984 $734,456 $367,228 $367,228
2022 $9,959 $720,056 $360,028 $360,028
2021 $9,658 $693,000 $346,500 $346,500
2020 $9,083 $670,000 $335,000 $335,000
2019 $9,237 $685,000 $342,500 $342,500
2018 $4,769 $330,084 $165,042 $165,042
2017 $4,694 $323,612 $161,806 $161,806
2016 $4,470 $317,268 $158,634 $158,634
2015 $4,405 $312,504 $156,252 $156,252
2014 $4,202 $306,384 $153,192 $153,192
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81725040

MLSListings

APN: 676-77-055