NOT LISTED FOR SALE

2740 Ruby Ave San Jose, CA 95148

Quimby Neighborhood

Estimated Value: $5,725,017

1.91 Acres
$2,995,666 Price per Acre
83,248 Sq Ft Lot

Last Sold March 29, 2018

Last sale price $3,700,000 $1,526 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $34,515/month

19 Days on Market

Highlights

  • 1.91 Acre Lot
  • Wood Fence
  • Level Lot
  • Quimby Oak Middle School Rated A-

About This Lot

As of March 2018

6 lot tentative map approval as well as site approval on this almost 2 acre level site. 6 house plans of 3,500sf-4,000sf also approved. Comps for new homes in this area show new homes selling in the $525-$575 range per sf with lots of this size. Lots are 10,832-13,744 sf. Homes to be accessed on new cul-de-sac off Norwood. This is a great development opportunity! This is a rare opportunity for a 6 lot development in a highly desirable neighborhood. The existing houses and barns are in disrepair and should not be entered.

Last Agent to Sell the Property

Gregory Howell

Coldwell Banker Realty License #01050141 Listed on: 02/06/2018

Coldwell Banker Realty

Last Buyer's Agent

Yan Liang

Golden Gate Sotheby's International Realty License #01933960

Golden Gate Sotheby's International Realty

Property Details

Property Type

  • Land

Lot Details

  • 1.91 Acre Lot
  • Wood Fence
  • Back Yard Fenced
  • Level Lot

Home Design

  • Ranch Property

Outdoor Features

  • Electricity Available at Street

Utilities

  • Gas Available
  • Gas Available at Street

Property Details

Property Type

Land

Lot Details

1.91 Acres

Listing Details

  • Zoning: R18PD
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Ranch, Residential, Single Family
  • Development Status: Final Map Required, Have Building Plans, Site Plan Approved, Tentative Map Approved, Topographical Map Available
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced Back, Partial Fencing, Wood

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Grade - Gently Sloped, Grade - Level
  • Lot Acres: 1.9111
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 83247.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 83247.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Available At Street, Electricity - On Site, Gas - Available At Street, Gas - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2018
Closed on
Mar 22, 2018
Sold by
17230 Buena Vista Partners Llc
Bought by
Sabuy Temple Khmer Buddhist Temple Found
Seller's Agent
Gregory Howell
Coldwell Banker Realty
Buyer's Agent
Yan Liang
Golden Gate Sotheby's International Realty
List Price
$3,950,000
Sold Price
$3,700,000
Premium/Discount to List
-$250,000
-6.33%
Current Estimated Value
$5,725,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,025,017
Avg. Annual Appreciation
5.63%

Purchase Details

Closed on
Jan 12, 2017
Sold by
Ahnlund Nels Kent and Harrigan Elizabeth Lynne
Bought by
17230 Buena Vista Partners

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,470,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 23, 2004
Sold by
Bank Of The West
Bought by
Ahnlund Nels Kent and Harrigan Elizabeth Lynne
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Sabuy Temple Khmer Buddhist Temple Found $3,700,000 Old Republic Title Co
17230 Buena Vista Partners $2,100,000 Old Republic Title Company
Ahnlund Nels Kent -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 17230 Buena Vista Partners $1,470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2018 03/29/18 Sold $3,700,000 -6.3% $1,526 / Sq Ft
02/26/2018 02/26/18 Pending -- -- --
02/06/2018 02/06/18 For Sale $3,950,000 -- $1,629 / Sq Ft
Source: MLSListings

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 $52,802 $5,934,966 $4,209,966 $1,725,000
2024 $52,802 $4,127,418 $4,127,418 --
2023 $53,799 $4,046,489 $4,046,489 $0
2022 $52,467 $3,967,147 $3,967,147 $0
2021 $51,887 $3,889,360 $3,889,360 $0
2020 $49,713 $3,849,480 $3,849,480 $0
2019 $48,576 $3,774,000 $3,774,000 $0
2018 $28,366 $2,142,000 $1,887,000 $255,000
2017 $2,499 $136,714 $45,166 $91,548
2016 $2,254 $134,034 $44,281 $89,753
2015 $2,325 $132,021 $43,616 $88,405
2014 $1,857 $129,436 $42,762 $86,674
Source: Public Records

Agents Affiliated with this Home

  • Gregory Howell

    Seller's Agent in 2018

    Gregory Howell

    Coldwell Banker Realty

    (408) 691-9550

    9 Total Sales

    Gregory Howell
    Section Image

  • Y

    Buyer's Agent in 2018

    Yan Liang

    Golden Gate Sotheby's International Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81691452

MLSListings

APN: 652-29-014

California Santa Clara County San Jose 95148 Quimby

2740 Ruby Ave, San Jose, CA

Not Listed for Sale

Lots

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