NOT LISTED FOR SALE

2742 Somerset Park Cir San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $649,478 - $994,000

2 Beds
2 Baths
831 Sq Ft
1,742 Sq Ft Lot

Last Sold April 19, 2016

Last sale price $500,000 $602 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $4,768/month

6 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • Community Pool
  • Cherrywood Elementary School Rated A-
  • Granite Countertops
  • Breakfast Area or Nook

About This Home

As of April 2016

Downstairs 2 Bed Room, 2 Full Baths Nice End Unit Condo Nestled in Desirable Berryessa Neighborhood, with Great School: Cherrywood Elementary, Sierramont Middle School~~Near by Light Rail, Future Bart to San Francisco, Cataldi Park, Penitencia Park, Community Center, Great Mall, Shopping Mall & Schools~~Nice Kitchen with Granite Counter Top, Newer Appliances & Tile Floor~~New Carpet Floor in Family Room~~Updated Baths~~Laundry Closet Inside~~Fresh Paints~~2 Parking Permit~~Move-In Ready~~Come See it, You Will Fall in Love

Last Agent to Sell the Property

Jennifer Yeh

HappyGo Realty, Inc. License #01392720 Listed on: 03/16/2016

HappyGo Realty, Inc.

Last Buyer's Agent

Lucy Chen

KW Advisors License #01970743

KW Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,947

Year Built

  • Built in 1988

Lot Details

  • 1,742

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 831 Sq Ft Home
  • Fireplace With Gas Starter
  • Separate Family Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Guest Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 589-29-136

Community Details

Overview

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

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,947

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Parking Restrictions
  • Age: 28
  • Listing Class: Residential
  • Structure Sq Ft: 831
  • Complex Name: Somerset Park
  • Year Built: 1988
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Granite, Dishwasher
  • Living Sq Ft: 831
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 325
  • HOA Amenities: BBQ Area, Club House, Community Pool
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Liability, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Reserves, Roof, Water
  • 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: Independence High
  • High School: 246
  • Elementary School: 29
  • Middle School: 37

Lot Info

  • Parcel Number: 589-29-136
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2016
Closed on
Apr 15, 2016
Sold by
Zhu Benny and Wu Mufang
Bought by
Wang Kechang and Yang Mengxue
Seller's Agent
Jennifer Yeh
HappyGo Realty, Inc.
Buyer's Agent
Lucy Chen
KW Advisors
List Price
$468,888
Sold Price
$500,000
Premium/Discount to List
$31,112
6.64%
Current Estimated Value
$777,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$277,620
Avg. Annual Appreciation
4.41%
Original Mortgage
$380,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 17, 2009
Sold by
Fdic
Bought by
Zhu Benny and Wu Mufang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
4.83%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 2008
Sold by
Nava Daicy V
Bought by
Indymac Bank Fsb

Purchase Details

Closed on
Jun 13, 2006
Sold by
Nava Julio Cesar
Bought by
Nava Daicy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,998
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 10, 2006
Sold by
Davidon Associates Corp
Bought by
Nava Daicy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,992
Interest Rate
6.62%
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
Wang Kechang $500,000 First American Title Company
Zhu Benny $205,000 Lsi Title Company
Indymac Bank Fsb $223,735 None Available
Nava Daicy -- First American Title Company
Nava Daicy $400,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Kechang $372,000
Closed Wang Kechang $380,000
Previous Owner Zhu Benny $164,000
Previous Owner Nava Daicy $79,998
Previous Owner Nava Daicy $319,992
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/19/2016 04/19/16 Sold $500,000 +1.0% $602 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/23/2016 03/23/16 Price Changed $495,000 +5.6% $596 / Sq Ft
03/16/2016 03/16/16 For Sale $468,888 -- $564 / 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 $7,947 $591,894 $295,947 $295,947
2024 $7,947 $580,290 $290,145 $290,145
2023 $7,820 $568,912 $284,456 $284,456
2022 $7,808 $557,758 $278,879 $278,879
2021 $7,492 $546,822 $273,411 $273,411
2020 $7,308 $541,216 $270,608 $270,608
2019 $7,046 $530,604 $265,302 $265,302
2018 $6,958 $520,200 $260,100 $260,100
2017 $7,011 $510,000 $255,000 $255,000
2016 $3,337 $222,996 $111,498 $111,498
2015 $3,292 $219,648 $109,824 $109,824
2014 $3,120 $215,346 $107,673 $107,673
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jennifer Yeh

    HappyGo Realty, Inc.

    Section Image

  • L

    Buyer's Agent in 2016

    Lucy Chen

    KW Advisors

    (510) 796-7900

    1 in this area

    30 Total Sales

    Lucy Chen
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81565577

MLSListings

APN: 589-29-136

California Santa Clara County San Jose 95132 Cherrywood

2742 Somerset Park Cir, San Jose, CA

This home is located at 2742 Somerset Park Cir, San Jose, CA 95132 since 16 March 2016 and is currently estimated at $777,620, approximately $935 per square foot. This property was built in 1988. 2742 Somerset Park Cir is a home located in Santa Clara County with nearby schools including Cherrywood Elementary School, Sierramont Middle School, and Independence High School.

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