NOT LISTED FOR SALE

2570 Cypress Ridge Ave San Jose, CA 95148

Estimated Value: $2,134,000 - $2,376,635

4 Beds
5 Baths
3,090 Sq Ft
$738/Sq Ft Est. Value

Last Sold March 05, 2021

Last sale price $1,776,000 $575 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $14,062/month

7 Days on Market

Highlights

  • Two Primary Bedrooms
  • Jetted Soaking Tub in Primary Bathroom
  • Spanish Architecture
  • City Lights View
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of March 2021

Great home sitting on over 2 acre lot in the east foothills with spectacular views of the valley & city lights, just outside city limits. Home boasts 4 bedrooms, 5 baths, Master bedroom on the 2nd floor with open balcony to enjoy the gorgeous views, plus there is also a detached studio with a kitchen & bath for the in-laws or family members who want to live separately. Currently rented for $1,895.00 per month. For the car enthusiast, there is a detached 4 car garage with doors on both ends, plus parking for an additional 15+ cars.

Last Agent to Sell the Property

rigo Bracamontes

Intero R E Services License #01780993 Listed on: 01/27/2021

Last Buyer's Agent

rigo Bracamontes

Intero R E Services License #01780993 Listed on: 01/27/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,630

Year Built

  • 1965

Lot Details

  • 2.12 Acre Lot
  • Level Lot
  • Back Yard

Parking

  • 4 Car Detached Garage

Property Views

  • City Lights
  • Mountain

Home Design

  • Spanish Architecture
  • Mediterranean Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 3,090 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Bay Window
  • Separate Family Room
  • Combination Dining and Living Room
  • Laundry in Utility Room

Kitchen

  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Double Master Bedroom
  • Bathroom on Main Level
  • 5 Full Bathrooms
  • Jetted Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom
  • Walk-in Shower

Outdoor Features

  • Outside Bathroom Access
  • Balcony

Farming

  • Farm Animals Allowed

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Tankless Water Heater
  • Septic Tank

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,630

Year Built

1965

Lot Details

0

Parking

4

Listing Details

  • Zoning: RR
  • Subclass: Single Family Home
  • Style: Mediterranean, Spanish
  • Age: 56
  • Listing Class: Residential
  • Structure Sq Ft: 3090
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1965

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal
  • Fireplace: Yes
  • Living Sq Ft: 3090
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom, More Than One Primary Bedroom
  • Laundry: In Utility Room
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 5
  • Total Bedrooms: 4
  • Bathroom: Full On Ground Floor, Primary - Oversized Tub, Primary - Stall Shower(s), Primary - Tub With Jets, Outside Access, Stall Shower, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: City Lights, Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Parking Spaces: 20
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Detached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Existing Septic

Association/Amenities

  • Amenities Miscellaneous: Bay Window

Schools

  • School District: East Side Union High

Lot Info

  • Lot Description: Farm Animals (Permitted), Grade - Level, Views
  • Lot Acres: 2.1233
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 92492.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 92492.00
  • Soil: Unknown

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 24, 2021
Sold by
Payne Janet Lee
Bought by
Payne Ronald L
Seller's Agent
rigo Bracamontes
Intero R E Services
Buyer's Agent
rigo Bracamontes
Intero R E Services
List Price
$1,740,000
Sold Price
$1,776,000
Premium/Discount to List
$36,000
2.07%
Current Estimated Value
$2,280,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$504,909
Avg. Annual Appreciation
5.97%
Original Mortgage
$975,000
Outstanding Balance
$876,002
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,437,348

Purchase Details

Listed on
Jan 27, 2021
Closed on
Mar 1, 2021
Sold by
Payne Ronald L and Payne Trust
Bought by
Singh Gurpreet and Kaur Jaswinder
Seller's Agent
rigo Bracamontes
Intero R E Services
Buyer's Agent
rigo Bracamontes
Intero R E Services
List Price
$1,740,000
Sold Price
$1,776,000
Premium/Discount to List
$36,000
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$876,002
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,437,348

Purchase Details

Closed on
Jun 2, 2006
Sold by
Payne Ronald L and Payne Janet L
Bought by
Payne Ronald L and Payne Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 11, 2006
Sold by
Payne Ronald L and Payne Janet L
Bought by
Payne Ronald L and Payne Janet L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 20, 2004
Sold by
Payne Ronald L and Payne Janet L
Bought by
Payne Ronald L and Payne Janet L

Purchase Details

Closed on
Sep 1, 1998
Sold by
Doine Maurice E and Doine Betty L
Bought by
Payne Janet L and Payne Ronald L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
6.89%
Mortgage Type
Purchase Money Mortgage
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
Payne Ronald L -- --
Singh Gurpreet $1,776,000 First American Title Company
Payne Ronald L -- None Available
Payne Ronald L -- First American Title Company
Payne Ronald L -- --
Payne Janet L $520,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Gurpreet $975,000
Previous Owner Payne Ronald L $400,000
Previous Owner Payne Janet L $468,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/05/2021 03/05/21 Sold $1,776,000 +2.1% $575 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
01/27/2021 01/27/21 For Sale $1,740,000 -- $563 / 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 $23,630 $1,922,397 $1,407,161 $515,236
2024 $23,630 $1,884,704 $1,379,570 $505,134
2023 $22,820 $1,847,750 $1,352,520 $495,230
2022 $22,648 $1,811,520 $1,326,000 $485,520
2021 $11,797 $902,476 $434,492 $467,984
2020 $11,395 $893,223 $430,037 $463,186
2019 $11,114 $875,709 $421,605 $454,104
2018 $10,867 $858,539 $413,339 $445,200
2017 $10,725 $841,706 $405,235 $436,471
2016 $10,392 $825,203 $397,290 $427,913
2015 $10,419 $812,809 $391,323 $421,486
2014 $10,211 $796,888 $383,658 $413,230
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81827426

MLSListings

APN: 652-05-010