NOT LISTED FOR SALE

2693 Somerset Park Cir San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $476,567 - $795,000

1 Bed
1 Bath
677 Sq Ft
$901/Sq Ft Est. Value

Last Sold April 23, 2013

Last sale price $288,000 $425 Per Sq Ft

Est. 112% increase in value since last sale

Current estimated payment $3,716/month

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Washer and Dryer
  • Cherrywood Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2022

2693 Somerset Park Cir 95132, 1 Bedroom, 1 Bathroom Top Floor Condo in Gated Community. Kitchen with Granite Counters, Stainless Steel Refrigerator, Flat Top Electric Range, Microwave, and Dishwasher, Gas Fireplace in Living room, Washer/Dryer in Unit (As-is) as well as Community Laundry Facilities, Bathroom with Granite Counters and Tub Shower, A/C, Storage off Balcony, One Reserved Covered Parking Spot and One uncovered parking spot. Community Pool and Rec Room. Cross Street: Morill Avenue Terms: Year lease, No pets and No Smoking, (Water and Garbage Included), Available Now

Last Agent to Rent the Property

Jeffrey Vail

Jeffrey Vail, Broker License #01850489 Listed on: 05/02/2022

Last Renter's Agent

Jeffrey Vail

Jeffrey Vail, Broker License #01850489 Listed on: 05/02/2022

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $5,034

Year Built

  • 1988

Lot Details

  • 675

Parking

  • 2 Car Garage
  • Uncovered Parking

Interior Spaces

  • 677 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • 675 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,350
  • Property Available on 5/2/22
  • Rent includes trash removal, water
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Property has a Home Owners Association

Pet Policy

  • No Pets Allowed

Property Details

Home Type

Apartment

Est. Annual Taxes

$5,034

Year Built

1988

Lot Details

0

Parking

2

Rental Info

  • Available: 05/02/2022
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Trash Removal, Water
  • Security Deposit: 2350

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Restrictions: Pets - Not Allowed
  • Age: 34
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 677
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Year Built: 1988

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Eat In Kitchen
  • Kitchen: Cooktop - Electric, Dishwasher, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 677
  • Stories: 1
  • Laundry: Washer / Dryer
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Pool Description: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Covered Parking, Uncovered Parking

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air

Condo/Co-op/Association

  • HOA Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.0155
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 677.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 677.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 7, 2017
Sold by
Guan Zhenguo and Hu Weiping
Bought by
Guan Zhenguo and Hu Weiping
Current Estimated Value
$609,642

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$211,722
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$339,366

Purchase Details

Listed on
Mar 30, 2013
Closed on
Apr 17, 2013
Sold by
Bansal Monica
Bought by
Guan Zhenguo and Hu Weiping
Seller's Agent
Jitendra Bansal
Client First Realty
Buyer's Agent
Rachel Pong
Coldwell Banker Realty
List Price
$275,000
Sold Price
$288,000
Premium/Discount to List
$13,000
4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%

Purchase Details

Closed on
Feb 14, 2006
Sold by
Davidon Associates Corp
Bought by
Bansal Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,592
Interest Rate
6.08%
Mortgage Type
Fannie Mae Freddie Mac
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
Guan Zhenguo -- Fntg
Guan Zhenguo $288,000 First American Title Company
Bansal Monica $287,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guan Zhenguo $300,000
Previous Owner Bansal Monica $229,592
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/27/2022 05/27/22 Rented $2,095 -2.6% --
05/23/2022 05/23/22 Price Changed $2,150 -6.5% $3 / Sq Ft
05/02/2022 05/02/22 For Rent $2,300 0.0% --
04/23/2013 04/23/13 Sold $288,000 +4.7% $425 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
03/30/2013 03/30/13 For Sale $275,000 -- $406 / 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 $5,034 $354,636 $177,318 $177,318
2024 $5,034 $347,684 $173,842 $173,842
2023 $4,943 $340,868 $170,434 $170,434
2022 $4,938 $334,186 $167,093 $167,093
2021 $4,789 $327,634 $163,817 $163,817
2020 $4,677 $324,276 $162,138 $162,138
2019 $4,514 $317,918 $158,959 $158,959
2018 $4,457 $311,686 $155,843 $155,843
2017 $4,486 $305,576 $152,788 $152,788
2016 $4,295 $299,586 $149,793 $149,793
2015 $4,241 $295,086 $147,543 $147,543
2014 $4,032 $289,306 $144,653 $144,653
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81889595

MLSListings

APN: 589-29-063