NOT LISTED FOR SALE

2726 Somerset Park Cir Unit 2726 San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $500,550 - $593,000

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

Last Sold November 10, 2016

Last sale price $376,000 $555 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,577/month

25 Days on Market

Highlights

  • Granite Countertops
  • Guest Parking
  • Dining Area
  • Cherrywood Elementary School Rated A-
  • Laundry Facilities
  • Carpet

About This Home

As of November 2016

Real gem nested in quiet green belts with beautiful large trees. Cozy down 1st level unit with open floor plan w/ lots of storage. Family room with air-conditioning, private patio & cozy fireplace. Contemporary kitchen with granite counters, upgraded cabinets, stainless steel appliances: built-in microwave, refrigerator included. Updated bathroom with granite counter, enclosed shower over tub. Security community gate, 2 parking spaces (1 assigned car-port #43). Low HOA due $325 includes water, trash, and many community amenities: laundry rooms, swimming pool, Jacuzzi, club, & gym. Great schools: Cherrywood Elementary, Sierramont Middle. Quick commute to companies: Cisco, Adobe, eBay, Intel, etc. Future growth: Apple, Google, Samsung are expanding nearby. Close to shopping centers, restaurants, Great Mall, Costco Nearby Cataldi Park, Penitencia Creek Park, Alum Rock Park. Close to Light Rail, Berryessa BART Station, Hwy 101,880,680.

Last Agent to Sell the Property

Kai Huang

Maxreal License #01501162 Listed on: 09/02/2016

Maxreal

Last Buyer's Agent

Bharat Kumar

Corcoran Icon Properties License #01994328

Corcoran Icon Properties

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,037

Year Built

  • Built in 1988

Lot Details

  • 1,699

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 677 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Dining Area
  • Granite Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 589-29-128

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, insurance - common area, insurance - hazard, insurance - structure, maintenance - common area, maintenance - exterior, reserves, roof, water / sewer
  • Somerset Park Maintenance Corp Association

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,037

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 28
  • Listing Class: Residential
  • Structure Sq Ft: 677
  • Year Built: 1988
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Fireplace: Gas Starter
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite
  • Living Sq Ft: 677
  • Stories: 1
  • Laundry: Community Facility
  • Flooring: Carpet, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric, Fireplace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 325
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Insurance - Hazard, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Reserves, Roof, Water / Sewer
  • H O A Name Text: Somerset Park Maintenance Corp
  • H O A Exist: Yes

Schools

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

Lot Info

  • Parcel Number: 589-29-128
  • 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
  • Middle School Text: Sierramont Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 10, 2022
Sold by
Jain Shubhra
Bought by
Jain Shubhra and Jain Esha
Total Days on Market
25
Current Estimated Value
$547,638

Purchase Details

Listed on
Sep 2, 2016
Closed on
Oct 27, 2016
Sold by
Mi Ping
Bought by
Kumar Bharat and Jain Shubhra
Seller's Agent
Kai Huang
Maxreal
Buyer's Agent
Bharat Kumar
Corcoran Icon Properties
List Price
$375,000
Sold Price
$376,000
Premium/Discount to List
$1,000
0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.49%
Original Mortgage
$282,000
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2012
Closed on
Feb 6, 2014
Sold by
California Housing Finance Agency
Bought by
Mi Ping
Seller's Agent
Jeff Schacher
Coldwell Banker The Professional Group
Buyer's Agent
Kai Huang
SV Capital Group Inc.
List Price
$299,000
Sold Price
$290,000
Premium/Discount to List
-$9,000
-3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.90%

Purchase Details

Closed on
Oct 1, 2013
Sold by
Victorine Stephanie and Sundberg Sean
Bought by
California Housing Finance Agency

Purchase Details

Closed on
Apr 10, 2006
Sold by
Davidon Associates Corp
Bought by
Victorine Stephanie and Sundberg Sean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,490
Interest Rate
6.69%
Mortgage Type
New Conventional
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
Jain Shubhra -- New Title Company Name
Kumar Bharat -- None Listed On Document
Kumar Bharat $376,000 First American Title Company
Mi Ping $290,000 Chicago Title Company
California Housing Finance Agency $309,627 Accommodation
Victorine Stephanie $312,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kumar Bharat $282,000
Previous Owner Victorine Stephanie $7,500
Previous Owner Victorine Stephanie $304,490
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/10/2016 11/10/16 Sold $376,000 +0.3% $555 / Sq Ft
09/28/2016 09/28/16 Pending -- -- --
09/26/2016 09/26/16 For Sale $375,000 -0.3% $554 / Sq Ft
09/21/2016 09/21/16 Off Market $376,000 -- --
09/02/2016 09/02/16 For Sale $375,000 +29.3% $554 / Sq Ft
02/11/2014 02/11/14 Sold $290,000 -3.0% $428 / Sq Ft
01/28/2014 01/28/14 Pending -- -- --
01/21/2014 01/21/14 For Sale $299,000 +3.1% $442 / Sq Ft
01/15/2014 01/15/14 Off Market $290,000 -- --
11/02/2013 11/02/13 For Sale $299,000 -- $442 / 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 $6,037 $427,818 $213,909 $213,909
2023 $5,934 $419,430 $209,715 $209,715
2022 $5,927 $411,206 $205,603 $205,603
2021 $5,750 $403,144 $201,572 $201,572
2020 $5,614 $399,012 $199,506 $199,506
2019 $5,416 $391,190 $195,595 $195,595
2018 $5,348 $383,520 $191,760 $191,760
2017 $5,387 $376,000 $188,000 $188,000
2016 $4,304 $300,304 $150,152 $150,152
2015 $4,553 $295,794 $147,897 $147,897
2014 -- $0 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81612794

MLSListings

APN: 589-29-128