NOT LISTED FOR SALE

267 Palacio Royale Cir San Jose, CA 95116

Checkers Neighborhood

Estimated Value: $613,000 - $711,000

3 Beds
1.5 Baths
1,180 Sq Ft
$555/Sq Ft Est. Value

Last Sold February 20, 2014

Last sale price $325,000 $275 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $3,995/month

14 Days on Market

Highlights

  • Wood Flooring
  • Bathtub
  • Forced Air Heating System
  • Independence High School Rated A-
  • Walk-in Shower
  • Family or Dining Combination

About This Home

As of February 2014

Great townhouse, very clean & ready to move in. Newer laminate hardwood floor, tile floor in kitchen, double pan windows, heating furnace, water heater, cemented backyard, recess lighting downstairs. Popcorn ceiling have been remove. Brand new retractable back porch cover. Laundry hookup downstairs. Close to school, grocery store, hospital. Easy access to 680 & 101. Excellent for 1st time buyers!

Last Agent to Sell the Property

Quan M. Nguyen

Silvertree Properties License #01114087 Listed on: 01/08/2014

Last Buyer's Agent

Ellen Zhang

Happy Real Estate Inc License #01923510

Happy Real Estate Inc

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,717

Year Built

  • Built in 1971

Lot Details

  • 871

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,180 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Wood Flooring
  • Security System Leased

Kitchen

  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating System
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, fencing, insurance -
  • Rancho Verde Garden Assc Association

Listing and Financial Details

  • Assessor Parcel Number 481-51-040

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,717

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Age: 43
  • Sale Price Per Sq Ft: 275.42
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 1180
  • Incorporated: Yes
  • Map Book Page: 834
  • Map Side Coordinate: 3
  • Map Top Coordinate: F
  • Thomas Bros Page: 834
  • Thomas Brothers: F3
  • Year Built: 1971
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Dining Room: No Formal Dining Room, Dining Area in Family Room, No Informal Dining Room
  • Kitchen: Dishwasher, Oven Range, 220 Volt Outlet
  • Living Sq Ft: 1180
  • Stories: 1
  • Security: Security Alarm - Leased
  • Flooring: Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Carport Min: 2

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 230
  • Association Fees Include: Landscaping / Gardening, Fencing, Insurance - None
  • H O A Name Text: Rancho Verde Garden Assc
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 481-51-040
  • List Price per Sq Ft: 271.19
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 851.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 851.00
  • Lot Size Area Min Search: 851.00
  • Maximum Lot Size: 851.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

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

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 24, 2014
Sold by
Lim John
Bought by
Lim John and Chen Muchen
Seller's Agent
Quan M. Nguyen
Silvertree Properties
Buyer's Agent
Ellen Zhang
Happy Real Estate Inc
List Price
$319,999
Sold Price
$325,000
Premium/Discount to List
$5,001
1.56%
Current Estimated Value
$655,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$330,009
Avg. Annual Appreciation
6.18%
Original Mortgage
$239,000
Outstanding Balance
$173,689
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$481,320

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 18, 2014
Sold by
Chen Muchen
Bought by
Lim John
Seller's Agent
Quan M. Nguyen
Silvertree Properties
Buyer's Agent
Ellen Zhang
Happy Real Estate Inc
List Price
$319,999
Sold Price
$325,000
Premium/Discount to List
$5,001
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,000
Outstanding Balance
$173,689
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$481,320

Purchase Details

Closed on
Mar 14, 2009
Sold by
Truong Anh Tuan
Bought by
Truong Anh Tuan and Hong Phuong Loan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 6, 2009
Sold by
Hong Phuong Loan
Bought by
Troung Anh Tuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2009
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Truong Anh Tuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
5.19%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 26, 2008
Sold by
Salcedo Maricela
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Dec 19, 2005
Sold by
Flores Francisco
Bought by
Salcedo Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 29, 2005
Sold by
Velasquez Catarino
Bought by
Salcedo Maricela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 13, 2003
Sold by
Kashikar Ali
Bought by
Velazquez Catarino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,550
Interest Rate
5.53%
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
Lim John -- None Available
Lim John -- Wfg Title Insurance Company
Lim John $325,000 Wfg Title Insurance Company
Truong Anh Tuan -- None Available
Troung Anh Tuan -- Ticor Title Redlands
Truong Anh Tuan $180,000 Ticor Title Redlands
Federal Home Loan Mortgage Corporation $177,528 Servicelink
Salcedo Maricela -- Alliance Title Company
Salcedo Maricela $420,000 Alliance Title Company
Velazquez Catarino $307,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lim John $239,000
Previous Owner Truong Anh Tuan $144,000
Previous Owner Salcedo Maricela $84,000
Previous Owner Salcedo Maricela $336,000
Previous Owner Velazquez Catarino $245,550
Closed Velazquez Catarino $61,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/20/2014 02/20/14 Sold $325,000 +1.6% $275 / Sq Ft
01/22/2014 01/22/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $319,999 -- $271 / 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 $6,717 $398,392 $199,196 $199,196
2024 $6,717 $390,582 $195,291 $195,291
2023 $6,567 $382,924 $191,462 $191,462
2022 $6,445 $375,416 $187,708 $187,708
2021 $6,211 $368,056 $184,028 $184,028
2020 $6,071 $364,284 $182,142 $182,142
2019 $5,898 $357,142 $178,571 $178,571
2018 $5,813 $350,140 $175,070 $175,070
2017 $5,823 $343,276 $171,638 $171,638
2016 $5,499 $336,546 $168,273 $168,273
2015 $5,488 $331,492 $165,746 $165,746
2014 $3,146 $189,085 $122,906 $66,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81400590

MLSListings

APN: 481-51-040