NOT LISTED FOR SALE

2607 Gimelli Place Unit 118 San Jose, CA 95133

Penitencia Neighborhood

Estimated Value: $597,000 - $661,000

2 Beds
2 Baths
975 Sq Ft
$354/mo HOA Fee

Last Sold May 22, 2020

Last sale price $457,500 $469 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,347/month

8 Days on Market

Highlights

  • Clubhouse
  • Open to Family Room
  • Guest Parking
  • Community Pool
  • Bathtub with Shower
  • 1-minute walk to Delano Manongs Park

About This Home

As of May 2020

Dont miss this great upstairs 2 beds & 2 full bath home for first-time home buyer or investor. Convenient location for easy access to 101 and 680. In walking distance to VTA light rail station, grocery stores, restaurants, fitness center and companies. A new community just cross street. Move-in ready!

Last Agent to Sell the Property

Larry Zeng

A Plus Realty License #01391780 Listed on: 04/14/2020

Last Buyer's Agent

Vicki Xie

Giant Realty Inc. License #01797505

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,118

Year Built

  • 1981

Lot Details

  • 1,220

HOA Fees

  • $354 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Guest Parking
  • Off-Street Parking

Home Design

  • Composition Roof

Interior Spaces

  • 975 Sq Ft Home
  • 2-Story Property
  • Dining Area
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Electric Oven
  • Dishwasher
  • Synthetic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, landscaping / gardening, maintenance - common area, roof
  • Bella Vista Gardens Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,118

Year Built

1981

Lot Details

0

HOA Fees

$354 per month

Parking

1

Listing Details

  • Zoning: RM-PD
  • Subclass: Condominium
  • Age: 39
  • Listing Class: Residential
  • Structure Sq Ft: 975
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1981

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Countertop - Other, Countertop - Synthetic, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 975
  • Stories: 2
  • Laundry: Inside
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1, Stall Shower

Exterior Features

  • Roof: Composition

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Bella Vista Gardens
  • HOA Fees: 354
  • HOA Amenities: Club House, Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Landscaping / Gardening, Maintenance - Common Area, Roof
  • HOA Exist: Yes
  • H O A Name Text: Bella Vista Gardens Association

Schools

  • School District: East Side Union High

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2020
Closed on
May 15, 2020
Sold by
Zhang Lu
Bought by
Shi Weian and Xie Wei
Seller's Agent
Larry Zeng
A Plus Realty
Buyer's Agent
Vicki Xie
Giant Realty Inc.
List Price
$469,988
Sold Price
$457,500
Premium/Discount to List
-$12,488
-2.66%
Current Estimated Value
$624,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,575
Avg. Annual Appreciation
6.07%
Original Mortgage
$343,000
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2010
Sold by
Palma Sandra Hortencia and Palma Sandra Hortensia
Bought by
Zhang Lu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$108,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 21, 2005
Sold by
Thomas Scott Benjamin
Bought by
Palma Sandra Hortensia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,000
Interest Rate
6.27%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 28, 2004
Sold by
Beard Maurice and Beard Michelle
Bought by
Thomas Scott Benjamin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2002
Sold by
Beard Maurice and Beard Michelle
Bought by
Beard Maurice and Beard Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.75%

Purchase Details

Closed on
Aug 13, 2002
Sold by
Beard Michelle
Bought by
Beard Maurice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.75%

Purchase Details

Closed on
Jan 2, 1998
Sold by
Murray Michael J and Murray Sharon R
Bought by
Beard Maurice and Beard Michelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,350
Interest Rate
7.16%
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
Shi Weian $457,500 First American Title Company
Zhang Lu $180,000 Old Republic Title Company
Palma Sandra Hortensia $390,000 North American Title Company
Thomas Scott Benjamin $315,000 North American Title Company
Beard Maurice -- Old Republic Title Company
Beard Maurice -- Old Republic Title Company
Beard Maurice $138,000 Golden California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Weian $335,000
Closed Shi Weian $343,000
Previous Owner Zhang Lu $108,000
Previous Owner Palma Sandra Hortensia $78,000
Previous Owner Palma Sandra Hortensia $312,000
Previous Owner Thomas Scott Benjamin $250,000
Previous Owner Beard Maurice $187,000
Previous Owner Beard Maurice $35,000
Previous Owner Beard Maurice $133,350
Closed Thomas Scott Benjamin $65,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2020 05/22/20 Sold $457,500 -2.7% $469 / Sq Ft
04/23/2020 04/23/20 Pending -- -- --
04/14/2020 04/14/20 For Sale $469,988 -- $482 / 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 $7,118 $500,339 $250,115 $250,224
2024 $7,118 $490,529 $245,211 $245,318
2023 $6,992 $480,911 $240,403 $240,508
2022 $6,868 $471,483 $235,690 $235,793
2021 $6,658 $462,239 $231,069 $231,170
2020 $3,433 $210,858 $126,516 $84,342
2019 $3,353 $206,725 $124,036 $82,689
2018 $3,312 $202,672 $121,604 $81,068
2017 $3,319 $198,699 $119,220 $79,479
2016 $3,128 $194,804 $116,883 $77,921
2015 $3,118 $191,879 $115,128 $76,751
2014 $3,007 $188,121 $112,873 $75,248
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81789351

MLSListings

APN: 254-58-119