$1,125,000
SOLD NOV 17, 2023

259 Los Palmos Way San Jose, CA 95119

Rancho Santa Teresa Neighborhood
3 Beds
2 Baths
1,516 Sq Ft
6,059 Sq Ft Lot

Recently Sold

$742 Per Sq Ft

5% Below List Price

34 Days on Market

Highlights

  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Tile Countertops
  • Santa Teresa High School Rated A
  • Solar owned by a third party
  • Tile Flooring

About This Home

As of February 2024

This home is a diamond in the rough, but do not let that deter you. Step inside and allow you to sense the opportunities that await your creativity.

Last Agent to Sell the Property

Karey Grimsley

Intero Real Estate Services License #01116747 Listed on: 09/23/2023

Intero Real Estate Services

Last Buyer's Agent

Cindy Liebsch

Compass License #01324217

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,507

Year Built

  • Built in 1970

Lot Details

  • 6,059 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,516 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Solar owned by a third party
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 704-22-041

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,507

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 53
  • Listing Class: Residential
  • Structure Sq Ft: 1516
  • Year Built: 1970
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Tile, Dishwasher
  • Living Sq Ft: 1516
  • Stories: 2
  • Laundry: In Garage
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Raised
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 704-22-041
  • Lot Acres: 0.1391
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6059.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6059.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

MLS Schools

  • High School District Text: East Side Union High

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%
Views
79
Current Estimated Value
$1,529,758

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,750
Avg. Annual Appreciation
-1.97%
Original Mortgage
$1,250,000
Outstanding Balance
$1,228,501
Interest Rate
6.13%
Mortgage Type
New Conventional
Estimated Equity
$286,488

Purchase Details

Listed on
Sep 23, 2023
Closed on
Oct 31, 2023
Sold by
Sarah Jane Mcdowell Living Trust and Mcdowell Brandon C
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
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 Type Sale Price Title Company
Grant Deed $1,563,000 Fidelity National Title Compan
Grant Deed $1,125,000 Chicago Title
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- First American Title Co
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,250,000 New Conventional
Previous Owner $241,000 New Conventional
Previous Owner $100,000 New Conventional
Previous Owner $75,000 Construction
Previous Owner $1,114,250 Construction
Previous Owner $226,000 New Conventional
Previous Owner $242,000 Adjustable Rate Mortgage/ARM
Previous Owner $250,000 Unknown
Previous Owner $210,000 Fannie Mae Freddie Mac
Previous Owner $213,000 Unknown
Previous Owner $213,000 Unknown
Previous Owner $200,000 Unknown
Previous Owner $175,650 Unknown
Previous Owner $65,000 Stand Alone Second
Previous Owner $22,022 Unknown
Previous Owner $115,000 Unknown
Previous Owner $40,000 Unknown
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

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 $15,507 $1,593,758 $1,377,000 $216,758
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

    19 Total Sales

    Marco Vieira
    Section Image
  • Sara Greenwood

    Buyer's Agent in 2024

    Sara Greenwood

    Voyager

    (405) 655-5262

    3 in this area

    44 Total Sales

    Sara Greenwood
    Section Image
  • Karey Grimsley

    Seller's Agent in 2023

    Karey Grimsley

    Intero Real Estate Services

    (831) 801-1222

    1 in this area

    66 Total Sales

    Karey Grimsley
    Section Image

  • C

    Buyer's Agent in 2023

    Cindy Liebsch

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81942974

MLSListings

APN: 704-22-041

California Santa Clara County San Jose 95119 Rancho Santa Teresa

259 Los Palmos Way, San Jose, CA

This home is located at 259 Los Palmos Way, San Jose, CA 95119 and is currently priced at $1,125,000, approximately $742 per square foot. This property was built in 1970. 259 Los Palmos Way is a home located in Santa Clara County with nearby schools including Santa Teresa Elementary School, Bernal Intermediate School, and Santa Teresa High School.

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