$305,000
SOLD APR 12, 2013

2559 Yerba Bank Ct San Jose, CA 95121

2 Beds
2 Baths
843 Sq Ft
871 Sq Ft Lot

Recently Sold

$362 Per Sq Ft

7% Above List Price

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Wood Flooring
  • James Franklin Smith Elementary School Rated A-
  • Traditional Architecture
  • Community Pool

About This Home

As of October 2018

Great opportunity in a great complex! This 2 bed 2 bath condo has a loft that can be used a an office, playroom, etc. Enjoy the comfort of this end unit in a clean and peaceful complex. Close to freeway, shopping and schools.

Last Agent to Sell the Property

Randy Cedano

Randy Cedano, Broker License #01162221 Listed on: 11/07/2012

Last Buyer's Agent

Yue Ma

Sunshine Investment License #01899365

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,160

Year Built

  • Built in 1988

Parking

  • 1 Car Garage
  • Guest Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 843 Sq Ft Home
  • 2-Story Property
  • Gas Log Fireplace
  • Living Room with Fireplace
  • Dining Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 676-77-055

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, maintenance - unit yard, common area electricity, common area gas, exterior painting, insurance - common area
  • Association Management Solutions Association

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,160

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Traditional
  • Age: 25
  • Sale Price Per Sq Ft: 361.80
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 843
  • Barclay Horizontal: 52
  • Barclays Page: 67
  • Incorporated: Yes
  • Map Book Page: 855
  • Map Book Page Secondary: 67
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 62
  • Map Top Coordinate: F
  • Map Top Coordinate Secondary: 52
  • Thomas Bros Page: 855
  • Thomas Brothers: F4
  • Year Built: 1988
  • Zoning Description: R1PD
  • Special Features: 12
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log
  • Dining Room: No Formal Dining Room, No Informal Dining Room
  • Living Sq Ft: 843
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Hardwood, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Local/Neighborhood

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas

Condo/Co-op/Association

  • HOA Fees: 295
  • HOA Amenities: Playground, Community Pool, Cable/ Satellite TV
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Maintenance - Unit Yard, Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area
  • H O A Name Text: association management solutions
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 676-77-055
  • List Price per Sq Ft: 338.08
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 435.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 435.00
  • Lot Size Area Min Search: 435.00
  • Maximum Lot Size: 435.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

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%
Current Estimated Value
$888,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$203,051
Avg. Annual Appreciation
4.02%
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
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $685,000 First American Title Co
Grant Deed $305,000 First American Title Company
Interfamily Deed Transfer -- Chicago Title
Grant Deed $403,000 Chicago Title
Corporate Deed $150,000 Old Republic Title Company
Trustee Deed $149,500 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $648,000 New Conventional
Closed $648,000 New Conventional
Closed $650,750 New Conventional
Previous Owner $440,000 Purchase Money Mortgage
Previous Owner $431,200 Purchase Money Mortgage
Previous Owner $230,400 Unknown
Previous Owner $228,500 Unknown
Previous Owner $176,000 Unknown
Previous Owner $142,405 Purchase Money Mortgage
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: ML81240338

MLSListings

APN: 676-77-055