NOT LISTED FOR SALE

275 Los Palmos Way San Jose, CA 95119

Rancho Santa Teresa Neighborhood

Estimated Value: $1,607,000 - $1,655,341

4 Beds
2 Baths
1,939 Sq Ft
$840/Sq Ft Est. Value

Last Sold May 31, 2019

Last sale price $1,107,000 $571 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $10,248/month

207 Days on Market

Highlights

  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Washer and Dryer
  • Santa Teresa High School Rated A
  • Separate Family Room
  • Dining Area

About This Home

As of May 2019

Gorgeous home in the highly desirable Rancho Santa Teresa neighborhood. Perfectly situated only two blocks from the Swim & Racquet club and within a very close proximity to Costco, Kaiser, Golf Course, Hiking Trails, Library, and easy access to al Major Highways. This Beautiful 4 bedroom 2 bath home offers nearly 2,000 sqft of living space. Excellent open layout with separate living room, family room and dining room. Updated kitchen, laminate flooring, recessed lighting, automatic sprinklers, Central A/C.

Last Agent to Sell the Property

Rudy Armas

Realty One Group Infinity License #01971518 Listed on: 04/22/2019

Realty One Group Infinity

Last Buyer's Agent

Yon Park

Smart Realty License #01127188

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,481

Year Built

  • Built in 1968

Lot Details

  • 6,307 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,939 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Rancho Santa Teresa Association
  • Built by Rancho Santa Teresa
  • The community has rules related to parking rules

Listing and Financial Details

  • Assessor Parcel Number 704-22-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,481

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Restrictions: Parking Restrictions
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 1939
  • Complex Name: Rancho Santa Teresa
  • Year Built: 1968
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1939
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Hardwood
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • H O A Name Text: Rancho Santa Teresa

Schools

  • School District: East Side Union High
  • Elementary School: Santa Teresa Elementary
  • Elementary School: 192

Lot Info

  • Parcel Number: 704-22-049
  • Lot Acres: 0.1448
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6309.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6309.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Santa Teresa Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 23, 2020
Sold by
Son Jeong M and Son Kyung Lee
Bought by
Min Son Jeong and Min Kyung Lee
Current Estimated Value
$1,628,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$765,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 22, 2019
Closed on
May 24, 2019
Sold by
Martinez Cesar E and Martinez Ada M
Bought by
Son Jeong Min and Lee Hyun Kyung
Seller's Agent
Rudy Armas
Realty One Group Infinity
Buyer's Agent
Yon Park
Smart Realty
List Price
$999,500
Sold Price
$1,107,000
Premium/Discount to List
$107,500
10.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%
Original Mortgage
$857,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2003
Sold by
Lemm Cory C and Lemm Karen K
Bought by
Martinez Cesar E and Martinez Ada M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,600
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 28, 1997
Sold by
Baumgartner Baumgartner J and Baumgartner Carole A
Bought by
Lemm Cory C and Lemm Karen K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,400
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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
Min Son Jeong -- Accommodation
Son Jeong M -- Fidelity National Title Co
Son Jeong Min $1,107,000 First American Title Co
Martinez Cesar E $612,000 Financial Title Company
Lemm Cory C $298,000 All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Son Jeong Min $754,000
Closed Son Jeong M $765,000
Closed Son Jeong Min $857,000
Previous Owner Martinez Cesar E $616,000
Previous Owner Martinez Cesar E $76,900
Previous Owner Martinez Cesar E $122,500
Previous Owner Martinez Cesar E $557,000
Previous Owner Martinez Cesar E $489,600
Previous Owner Lemm Cory C $235,000
Previous Owner Lemm Cory C $100,000
Previous Owner Lemm Cory C $235,700
Previous Owner Lemm Cory C $100,000
Previous Owner Lemm Cory C $65,000
Previous Owner Lemm Cory C $40,000
Previous Owner Lemm Cory C $238,400
Closed Lemm Cory C $29,800
Closed Martinez Cesar E $52,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2019 05/31/19 Sold $1,107,000 +10.8% $571 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
10/04/2018 10/04/18 For Sale $999,500 -- $515 / 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 $16,481 $1,234,874 $987,901 $246,973
2024 $16,481 $1,210,662 $968,531 $242,131
2023 $16,253 $1,186,925 $949,541 $237,384
2022 $16,155 $1,163,653 $930,923 $232,730
2021 $15,905 $1,140,837 $912,670 $228,167
2020 $14,894 $1,066,000 $852,800 $213,200
2019 $11,177 $780,018 $351,009 $429,009
2018 $11,101 $764,725 $344,127 $420,598
2017 $10,953 $749,731 $337,380 $412,351
2016 $10,425 $735,031 $330,765 $404,266
2015 $10,189 $723,991 $325,797 $398,194
2014 $9,331 $709,810 $319,416 $390,394
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2019

    Rudy Armas

    Realty One Group Infinity

    Section Image

  • Y

    Buyer's Agent in 2019

    Yon Park

    Smart Realty

    (408) 206-8726

    12 Total Sales

    Yon Park
    Section Image
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Map

Source: MLSListings

MLS Number: ML81748037

MLSListings

APN: 704-22-049

California Santa Clara County San Jose 95119 Rancho Santa Teresa

275 Los Palmos Way, San Jose, CA

This home is located at 275 Los Palmos Way, San Jose, CA 95119 since 22 April 2019 and is currently estimated at $1,628,835, approximately $840 per square foot. This property was built in 1968. 275 Los Palmos Way is a home located in Santa Clara County with nearby schools including Santa Teresa Elementary School, Bernal Intermediate School, and Santa Teresa High School.

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