NOT LISTED FOR SALE

2696 Somerset Park Cir Unit D2696 San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $505,362 - $699,000

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

Last Sold October 12, 2016

Last sale price $388,000 $573 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,694/month

16 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Cherrywood Elementary School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of October 2016

Welcome to this top level 1 bedroom, 1 bath Cherrywood gem, nestled in the private gated community of Somerset Park. A sun drenched open floor plan delivers great functionality while enhancing select features such as granite counter tops in the kitchen & bathroom, maple cabinetry throughout, inclusive appliances & in unit laundry. Select enhancements include wall to wall houndstooth pattern carpet, a stylish paint pallete and recessed lighting. Meet your neighbors at the community clubhouse & enjoy a dip in the pool or a workout in the exercise facility. While centrally located in Silicon Valley with nearby San Francisco, & the Livermore Wine Country, be sure to enjoy hiking & biking at Alum Rock Park, golfing at San Jose Country Club, shopping, entertainment & dining at the Great Mall. Navigate your commute easily from the convenience of nearby Highway 680, 880, 101 & a short walk to VTA & the future Berryessa BART station. Don't miss this wonderful move in ready opportunity.

Last Agent to Sell the Property

Tom Luu

Compass License #01826502 Listed on: 08/24/2016

Compass

Last Buyer's Agent

Peter Bao

Cameo Real Estate License #01383730

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,519

Year Built

  • Built in 1988

Lot Details

  • 1,699

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 677 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Area
  • Washer and Dryer

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower

Parking

  • Garage
  • 1 Carport Space
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Central Air
  • Vented Exhaust Fan
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 589-29-081

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves, roof, water / sewer
  • Community Management Services Association
  • Built by Somerset Park
  • The community has rules related to parking rules

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Additional Features

  • Clubhouse
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,519

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Parking Restrictions, Pets - Allowed
  • Age: 28
  • Listing Class: Residential
  • Structure Sq Ft: 677
  • Complex Name: Somerset Park
  • Year Built: 1988
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 677
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Granite, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Construction Type: Wood

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Common Parking Area, Gate / Door Opener, Guest / Visitor Parking, Parking Restrictions
  • Carport Min: 1

Utilities

  • Cooling System: Central AC
  • Heating System: Electric, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 325
  • HOA Amenities: BBQ Area, Club House, Community Pool, Community Security Gate, Gym / Exercise Facility
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Water / Sewer
  • H O A Name Text: Community Management Services
  • H O A Exist: Yes

Schools

  • School District: East Side Union High
  • Elementary School: Cherrywood Elementary
  • Middle School: Sierramont Middle
  • High School: Piedmont Hills High
  • High School: 251
  • Elementary School: 29
  • Middle School: 37

Lot Info

  • Parcel Number: 589-29-081
  • Lot Acres: 0.0390
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1711.91
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1711.91

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2021
Sold by
Diep Shailena and Tran Stephanie D
Bought by
Diep Sharlena
Current Estimated Value
$579,341

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Outstanding Balance
$326,644
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$252,697

Purchase Details

Listed on
Aug 24, 2016
Closed on
Oct 4, 2016
Sold by
Dam Lana
Bought by
Diep Sharlena and Tran Stephanie D
Seller's Agent
Tom Luu
Compass
Buyer's Agent
Peter Bao
Cameo Real Estate
List Price
$374,000
Sold Price
$388,000
Premium/Discount to List
$14,000
3.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.61%
Original Mortgage
$285,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 10, 2006
Sold by
Davidon Associates Corp
Bought by
Dam Lana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
6.12%
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
Diep Sharlena $180,000 Wfg Lender Services
Diep Sharlena $388,000 Fidelity National Title Co
Dam Lana $296,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Diep Sharlena $360,000
Previous Owner Diep Sharlena $285,000
Previous Owner Dam Lana $236,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2016 10/12/16 Sold $388,000 +3.7% $573 / Sq Ft
09/10/2016 09/10/16 Pending -- -- --
08/24/2016 08/24/16 For Sale $374,000 -- $552 / 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 $6,519 $482,768 $241,384 $241,384
2024 $6,519 $473,302 $236,651 $236,651
2023 $6,409 $464,022 $232,011 $232,011
2022 $6,488 $454,924 $227,462 $227,462
2021 $5,825 $416,010 $208,005 $208,005
2020 $5,686 $411,746 $205,873 $205,873
2019 $5,483 $403,674 $201,837 $201,837
2018 $5,414 $395,760 $197,880 $197,880
2017 $5,451 $388,000 $194,000 $194,000
2016 $4,500 $316,000 $192,800 $123,200
2015 $4,378 $306,000 $186,700 $119,300
2014 $3,757 $267,000 $162,900 $104,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81601463

MLSListings

APN: 589-29-081