NOT LISTED FOR SALE

2697 Somerset Park Cir San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $534,911 - $677,000

1 Bed
1 Bath
677 Sq Ft
784 Sq Ft Lot

Last Sold October 29, 2020

Last sale price $460,000 $679 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $3,819/month

4 Days on Market

Highlights

  • Private Pool
  • Combination Dining and Living Room
  • Carpet
  • Cherrywood Elementary School Rated A-
  • Washer and Dryer

About This Home

As of October 2020

Welcome home, just in time for the holidays!! This cozy second story condo with a view to the pool and mountains is a must see. It is conveniently located next to shopping, easy access to 680, 880, 101 and Berryessa Bart / Light Rail station, 8 minutes away from Alum Rock Park, VillaSport Athletic nearby and 3 beautiful parks within walking distance (Cataldi Park, Noble Park, and Penitencia Creek County Park). Not only is this property located in a desired gated Berryessa community, but the complex also has a gym, pool, clubhouse and a communal laundry room for a low HOA fee!

Last Agent to Sell the Property

Ramon Coria

Valley View Properties License #01443210 Listed on: 09/10/2020

Last Buyer's Agent

Simeon Ziff

HomeSmart Realty West License #01487128

HomeSmart Realty West

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,793

Year Built

  • 1988

Lot Details

  • 784

Parking

  • 1 Carport Space

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

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

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Pool

  • Private Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Separate Meters
  • Individual Gas Meter

Community Details

Overview

  • Association fees include common area electricity, exterior painting, landscaping / gardening, pool spa or tennis, roof, water
  • Somerset Park Association

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,793

Year Built

1988

Lot Details

0

Listing Details

  • Zoning: R3
  • Subclass: Condominium
  • Building Number: 2697
  • Restrictions: Pets - Allowed
  • Age: 32
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 677
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1988

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range
  • Fireplace: Yes
  • Living Sq Ft: 677
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Cabana / Dressing Room, Community Facility

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Somerset Park
  • HOA Fees: 330
  • Association Fees Include: Common Area Electricity, Exterior Painting, Landscaping / Gardening, Pool, Spa, Or Tennis, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Somerset Park

Schools

  • School District: East Side Union High

Lot Info

  • Lot Acres: 0.0180
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 784.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 784.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 10, 2020
Closed on
Oct 28, 2020
Sold by
Palomera Jose I Guzman and The Guzman Egan Family Revocab
Bought by
Chung Mei
Seller's Agent
Ramon Coria
Valley View Properties
Buyer's Agent
Ramon Coria
Valley View Properties
List Price
$458,888
Sold Price
$460,000
Premium/Discount to List
$1,112
0.24%
Total Days on Market
4
Current Estimated Value
$579,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$119,478
Avg. Annual Appreciation
4.84%
Original Mortgage
$368,000
Outstanding Balance
$330,442
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$241,045

Purchase Details

Closed on
Jul 17, 2019
Sold by
Guzman Jose Israel and Palomera Jose I Guzman
Bought by
Guzman Palomera Jose I and The Guzman Egan Family Revocab

Purchase Details

Closed on
Feb 14, 2006
Sold by
Davidon Associates Corp
Bought by
Guzman Jose Israel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$28,650
Interest Rate
6.04%
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
Chung Mei $460,000 Old Republic Title Co
Guzman Palomera Jose I -- None Available
Guzman Jose Israel $287,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Mei $368,000
Previous Owner Guzman Jose Israel $28,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2020 10/29/20 Sold $460,000 +0.2% $679 / Sq Ft
09/15/2020 09/15/20 Pending -- -- --
09/10/2020 09/10/20 For Sale $458,888 -- $678 / 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 $6,793 $488,154 $244,077 $244,077
2023 $6,681 $478,584 $239,292 $239,292
2022 $6,671 $469,200 $234,600 $234,600
2021 $6,475 $460,000 $230,000 $230,000
2020 $5,107 $358,612 $224,916 $133,696
2019 $4,928 $351,581 $220,506 $131,075
2018 $4,780 $344,688 $216,183 $128,505
2017 $4,811 $337,931 $211,945 $125,986
2016 $4,605 $331,306 $207,790 $123,516
2015 $4,546 $326,330 $204,669 $121,661
2014 $4,323 $319,938 $200,660 $119,278
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81810136

MLSListings

APN: 589-29-065