259 Los Palmos Way San Jose, CA 95119
Rancho Santa Teresa NeighborhoodEstimated Value: $1,498,000 - $1,585,000
4
Beds
2
Baths
1,516
Sq Ft
$1,013/Sq Ft
Est. Value
Highlights
- Cabana
- Solar Power System
- Vaulted Ceiling
- Santa Teresa High School Rated A
- Clubhouse
- Main Floor Primary Bedroom
About This Home
As of February 2024TOP FEATURES OF THIS HOME INCLUDE: 1-This extensively remodeled four bedroom, two bath home boasts a spacious lot, providing plenty of privacy. 2-The high ceiling design flows seamlessly from the Living Room with stunning modern fireplace into inviting Kitchen area - making it perfect for entertaining guests or just lounge by the fire. 3-Enjoy the beautiful new SPC wide plank floors throughout the home. 4-You'll be impressed by the stunning, updated kitchen with sleek quartz countertops, stainless steel appliances, counter to ceiling tile back splash, and slim shaker style white cabinetry. 5-The recently updated backyard is beautifully landscaped and includes a paved patio area, new section of fencing, a BBQ Area/Dog Run - perfect for outdoor dining and relaxing. 6- Home is located in the highly desirable Rancho Santa Teresa neighborhood with membership to the exclusive Rancho Santa Teresa Swim & Racquet Club - and is in close proximity to an abundance of Shopping & Restaurants; and not to mention GREAT SCHOOLS!, Santa Teresa Golf Club, Hiking and easy access to Highways 85 & 101. 7-Other updates/upgrades include - New Roof, Owned Solar Panels, Recessed Lighting, NEST Thermostat, Remodeled Fireplace, Epoxy Coated Garage Floor, LED Bathroom Mirrors, & Hans Grohe Plumbing Fixtures.
Last Agent to Sell the Property
eXp Realty of Northern California, Inc. License #01839895 Listed on: 01/25/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $15,507
Year Built
- Built in 1970
Lot Details
- 5,998 Sq Ft Lot
- South Facing Home
- Wood Fence
- Sprinklers on Timer
- Back Yard Fenced
- Zoning described as R1-8
HOA Fees
- $44 Monthly HOA Fees
Parking
- 2 Car Garage
Home Design
- Raised Foundation
- Composition Roof
Interior Spaces
- 1,516 Sq Ft Home
- 2-Story Property
- Vaulted Ceiling
- Separate Family Room
- Living Room with Fireplace
- Dining Area
- Neighborhood Views
- Laundry in Garage
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Gas Oven
- Microwave
- Ice Maker
- Dishwasher
- Quartz Countertops
- Tile Countertops
Flooring
- Tile
- Vinyl
Bedrooms and Bathrooms
- 4 Bedrooms
- Primary Bedroom on Main
- Loft Bedroom
- Remodeled Bathroom
- Bathroom on Main Level
- 2 Full Bathrooms
- Dual Flush Toilets
- Bathtub with Shower
- Walk-in Shower
Pool
- Cabana
- Heated Pool
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
- 220 Volts
Additional Features
- Solar Power System
- Balcony
Listing and Financial Details
- Assessor Parcel Number 704-22-041
Community Details
Overview
- Association fees include pool spa or tennis, recreation facility
- Rancho Santa Teresa Swim & Racquet Club Association
- Built by Rancho Santa Teresa S&RC
Amenities
- Sauna
- Clubhouse
- Billiard Room
Recreation
- Tennis Courts
- Sport Court
- Recreation Facilities
- Community Playground
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 25, 2024
Closed on
Feb 16, 2024
Sold by
Property Buddies Llc
Bought by
Shekhar Abhijeet and Singh Nilisha
Seller's Agent
Marco Vieira
eXp Realty of Northern California, Inc.
Buyer's Agent
Sara Greenwood
Voyager
List Price
$1,388,000
Sold Price
$1,562,508
Premium/Discount to List
$174,508
12.57%
Total Days on Market
6
Views
79
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
-$27,352
Avg. Annual Appreciation
-1.36%
Original Mortgage
$1,250,000
Outstanding Balance
$1,232,431
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$302,725
Purchase Details
Listed on
Sep 23, 2023
Closed on
Oct 31, 2023
Sold by
Sarah Jane Mcdowell Living Trust
Bought by
Property Buddies Llc
Seller's Agent
Karey Grimsley
Intero Real Estate Services
Buyer's Agent
Cindy Liebsch
Compass
List Price
$1,185,000
Sold Price
$1,125,000
Premium/Discount to List
-$60,000
-5.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
237.60%
Original Mortgage
$241,000
Interest Rate
7.63%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2003
Sold by
Mcdowell Sara Jane
Bought by
Mcdowell Sarah Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5%
Mortgage Type
Unknown
Purchase Details
Closed on
Jul 8, 2003
Sold by
Mcdowell Sarah Jane
Bought by
Mcdowell Sarah Jane
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$213,000
Interest Rate
5%
Mortgage Type
Unknown
Similar Homes in San Jose, CA
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Shekhar Abhijeet | $1,563,000 | Fidelity National Title Compan | |
| Property Buddies Llc | $1,125,000 | Chicago Title | |
| Mcdowell Sarah Jane | -- | First American Title Co | |
| Mcdowell Sarah Jane | -- | First American Title Co | |
| Mcdowell Sarah Jane | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Shekhar Abhijeet | $1,250,000 | |
| Previous Owner | Property Buddies Llc | $241,000 | |
| Previous Owner | Property Buddies Llc | $100,000 | |
| Previous Owner | Property Buddies Llc | $75,000 | |
| Previous Owner | Property Buddies Llc | $1,114,250 | |
| Previous Owner | Mcdowell Sarah Jane | $226,000 | |
| Previous Owner | Mcdowell Sarah Jane | $242,000 | |
| Previous Owner | Mcdowell Sarah Jane | $250,000 | |
| Previous Owner | Mcdowell Sarah Jane | $210,000 | |
| Previous Owner | Mcdowell Sarah Jane | $213,000 | |
| Previous Owner | Mcdowell Sarah Jane | $213,000 | |
| Previous Owner | Mcdowell Sarah Jane | $200,000 | |
| Previous Owner | Mcdowell Sarah Jane | $175,650 | |
| Previous Owner | Mcdowell Sarah Jane | $65,000 | |
| Previous Owner | Mcdowell Sarah Jane | $22,022 | |
| Previous Owner | Mcdowell Sarah Jane | $115,000 | |
| Previous Owner | Mcdowell Sarah Jane | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/23/2024 02/23/24 | Sold | $1,562,508 | +12.6% | $1,031 / Sq Ft |
| 02/01/2024 02/01/24 | Pending | -- | -- | -- |
| 01/25/2024 01/25/24 | For Sale | $1,388,000 | +23.4% | $916 / Sq Ft |
| 11/17/2023 11/17/23 | Sold | $1,125,000 | -5.1% | $742 / Sq Ft |
| 10/28/2023 10/28/23 | Pending | -- | -- | -- |
| 09/23/2023 09/23/23 | For Sale | $1,185,000 | -- | $782 / 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 | $15,507 | $1,125,000 | $925,000 | $200,000 |
| 2023 | $5,590 | $333,649 | $116,677 | $216,972 |
| 2022 | $5,552 | $327,108 | $114,390 | $212,718 |
| 2021 | $5,428 | $320,696 | $112,148 | $208,548 |
| 2020 | $5,277 | $317,409 | $110,999 | $206,410 |
| 2019 | $5,139 | $311,186 | $108,823 | $202,363 |
| 2018 | $5,086 | $305,086 | $106,690 | $198,396 |
| 2017 | $5,010 | $299,105 | $104,599 | $194,506 |
| 2016 | $4,768 | $293,242 | $102,549 | $190,693 |
| 2015 | $4,658 | $288,838 | $101,009 | $187,829 |
| 2014 | $4,096 | $283,181 | $99,031 | $184,150 |
Source: Public Records
Agents Affiliated with this Home
-
Marco Vieira
Seller's Agent in 2024
Marco Vieira
eXp Realty of Northern California, Inc.
(650) 542-9835
2 in this area
18 Total Sales
-
Sara Greenwood
Buyer's Agent in 2024
Sara Greenwood
Voyager
(405) 655-5262
3 in this area
44 Total Sales
-
Karey Grimsley
Seller's Agent in 2023
Karey Grimsley
Intero Real Estate Services
(831) 801-1222
1 in this area
66 Total Sales
-
Buyer's Agent in 2023
Cindy Liebsch
Compass
(650) 591-7473
1 in this area
29 Total Sales
Map
Source: MLSListings
MLS Number: ML81952412
APN: 704-22-041
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