NOT LISTED FOR SALE

2662 Somerset Park Cir San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $493,171 - $585,000

1 Bed
1 Bath
677 Sq Ft
1,699 Sq Ft Lot

Last Sold April 18, 2014

Last sale price $295,000 $436 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $3,497/month

14 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Contemporary Architecture
  • Cherrywood Elementary School Rated A-
  • Clubhouse
  • Family Room with Fireplace

About This Home

As of April 2014

Somerset Park 1st floor condo in quiet gated community w/ pool, clubhouse, & fitness room. Complex updated w/ paint, granite countertops, & wood cabinetry. In 2009, updated appliances to stainless steel models. Open living/dining w/ carpet, fireplace, a/c, & patio w/ storage. Bedroom w/ two closets. Dedicated parking spot & permit, w/d hook-up in-unit or community laundry rooms.

Last Agent to Sell the Property

Edmund Yue

Christie's International Real Estate Sereno License #01736309 Listed on: 03/13/2014

Christie's International Real Estate Sereno

Last Buyer's Agent

Lambert Kao

Maxreal License #01249639

Maxreal

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,119

Year Built

  • Built in 1988

Lot Details

  • 1,699

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 677 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Open Floorplan
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Walk-in Shower

Parking

  • 1 Carport Space
  • Guest Parking

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Assessor Parcel Number 589-29-096

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, water, common area electricity, exterior painting, garbage, insurance - liability
  • Somerset Park Condominium Association

Amenities

  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,119

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 26
  • Sale Price Per Sq Ft: 435.75
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 677
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 5
  • Map Top Coordinate: E
  • Thomas Bros Page: 814
  • Thomas Brothers: E5
  • Year Built: 1988
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Family Room, Yes, Gas Starter
  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range, Microwave
  • Living Sq Ft: 677
  • Stories: 1
  • Security: Security Gate
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Laundry Facility - Coin-Op
  • Flooring: Carpet - Area, Vinyl / Linoleum
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric

Condo/Co-op/Association

  • HOA Fees: 308
  • HOA Amenities: Club House, Gym / Exercise Facility, Community Pool, Sauna
  • HOA Documents: Articles of Incorporation, Bylaws, Budget
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Water, Common Area Electricity, Exterior Painting, Garbage, Insurance - Liability
  • H O A Name Text: Somerset Park Condominium Association
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: East Side Union High
  • Elementary School: Cherrywood Elementary
  • Middle School: Sierramont Middle
  • High School: Independence High
  • High School: 246
  • Elementary School: 29
  • Middle School: 37

Lot Info

  • Parcel Number: 589-29-096
  • List Price per Sq Ft: 426.72
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1742.00
  • Lot Size Area Min Search: 1742.00
  • Maximum Lot Size: 1742.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Fan(s)

Multi Family

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

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Cherrywood Elementary
  • High School Text: Independence High
  • Middle School Text: Sierramont Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 13, 2014
Closed on
Apr 15, 2014
Sold by
Viegelmann Mary Anne
Bought by
Cui Shuqing and Cai Hua
Seller's Agent
Edmund Yue
Christie's International Real Estate Sereno
Buyer's Agent
Lambert Kao
Maxreal
List Price
$288,888
Sold Price
$295,000
Premium/Discount to List
$6,112
2.12%
Total Days on Market
14
Current Estimated Value
$548,543

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$253,543
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
Sep 21, 2009
Sold by
Fdic
Bought by
Viegelmann Mary Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 2009
Sold by
Raudenbush Caroline
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Apr 10, 2006
Sold by
Davidon Associates Corp
Bought by
Raudenbush Caroline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$59,798
Interest Rate
6.29%
Mortgage Type
Stand Alone Second
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 Buyer Sale Price Title Company
Cui Shuqing $295,000 Fidelity National Title Co
Viegelmann Mary Anne $178,000 Chicago Title
Indymac Bank Fsb $140,463 Chicago Title Insurance Co
Raudenbush Caroline $299,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Viegelmann Mary Anne $112,000
Previous Owner Viegelmann Mary Anne $118,000
Previous Owner Raudenbush Caroline $59,798
Previous Owner Raudenbush Caroline $239,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2014 04/18/14 Sold $295,000 +2.1% $436 / Sq Ft
03/25/2014 03/25/14 Pending -- -- --
03/11/2014 03/11/14 For Sale $288,888 -- $427 / 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 $5,119 $354,526 $177,263 $177,263
2023 $5,028 $347,576 $173,788 $173,788
2022 $5,023 $340,762 $170,381 $170,381
2021 $4,871 $334,082 $167,041 $167,041
2020 $4,757 $330,658 $165,329 $165,329
2019 $4,591 $324,176 $162,088 $162,088
2018 $4,533 $317,820 $158,910 $158,910
2017 $4,563 $311,590 $155,795 $155,795
2016 $4,369 $305,482 $152,741 $152,741
2015 $4,314 $300,894 $150,447 $150,447
2014 $2,690 $187,429 $131,201 $56,228
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81407966

MLSListings

APN: 589-29-096