NOT LISTED FOR SALE

2756 Somerset Park Cir Unit 2756 San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $515,276 - $625,000

1 Bed
1 Bath
677 Sq Ft
$330/mo HOA Fee

Last Sold October 12, 2017

Last sale price $440,000 $650 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,077/month

7 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Granite Countertops
  • Cherrywood Elementary School Rated A-
  • Clubhouse
  • Community Pool

About This Home

As of October 2017

1 bedroom 1 bath top floor unit overlooking the pool/club house and green belts. Best location within the Somerset Park Community. Washer/dryer combo unit on the inside with close access to the community washing facility. Easy freeway access with shopping close by. Unit needs some TLC but with a little help will look awesome.

Last Agent to Sell the Property

Michael Manning

Manning Realty License #01518780 Listed on: 09/05/2017

Last Buyer's Agent

Rhinda Bal

Bayview Residential Brokerage License #01429406

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,826

Year Built

  • Built in 1988

Lot Details

  • South Facing Home

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Fixer Upper
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 677 Sq Ft Home
  • 1-Story Property
  • Gas Log Fireplace
  • Dining Room

Kitchen

  • Open to Family Room
  • Electric Oven
  • Electric Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Parking

  • Detached Garage
  • 1 Carport Space
  • Electric Gate
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Baseboard Heating
  • TV Antenna

Listing and Financial Details

  • Assessor Parcel Number 589-29-111

Community Details

Overview

  • Association fees include common area electricity, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof
  • Somerset Park Maintenance Corp Association
  • Built by Somerset Park Maintenance Corp
  • The community has rules related to parking rules

Amenities

  • Trash Chute
  • Clubhouse
  • Laundry Facilities

Recreation

  • Recreation Facilities
  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,826

Year Built

Built in 1988

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Subclass: Condominium
  • Property Condition: Fixer Upper
  • Restrictions: Parking Restrictions
  • Age: 29
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Structure Sq Ft: 677
  • Complex Name: Somerset Park Maintenance Corp
  • Incorporated: Yes
  • Year Built: 1988
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Log, Gas Starter
  • Dining Room: No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 677
  • Stories: 1
  • Laundry: Community Facility, Inside, Upper Floor, Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • Property Faces: South

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, Detached Garage, Electric Gate
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 330
  • HOA Amenities: Club House, Community Pool, Community Security Gate, Gym / Exercise Facility, Recreation Room, Trash Chute
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Somerset Park Maintenance Corp
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 589-29-111
  • Lot Acres: 0.0393
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1711.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1711.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: Unit Faces Common Area

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 23, 2019
Sold by
Nijjar Gurpal K
Bought by
Nijjar Gurpal K and Dhaliwal Harpreet Singh
Current Estimated Value
$580,569

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$386,000
Outstanding Balance
$343,952
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$252,459

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 5, 2017
Sold by
Dhaliwal Harpreet Singh
Bought by
Nijjar Gurpal K
Seller's Agent
Michael Manning
Manning Realty
Buyer's Agent
Rhinda Bal
Bayview Residential Brokerage
List Price
$409,950
Sold Price
$440,000
Premium/Discount to List
$30,050
7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.96%
Original Mortgage
$396,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 5, 2017
Closed on
Oct 2, 2017
Sold by
Angulo Enrique S
Bought by
Nijjar Gurpal K
Seller's Agent
Michael Manning
Manning Realty
Buyer's Agent
Rhinda Bal
Bayview Residential Brokerage
List Price
$409,950
Sold Price
$440,000
Premium/Discount to List
$30,050
7.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,000
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 10, 2006
Sold by
Davidon Associates Corp
Bought by
Angulo Enrique S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,792
Interest Rate
6.5%
Mortgage Type
Purchase Money Mortgage
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
Nijjar Gurpal K -- Old Republic Title Company
Nijjar Gurpal K -- Chicago Title Company
Nijjar Gurpal K $440,000 Chicago Title Company
Angulo Enrique S $316,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nijjar Gurpal L $386,000
Closed Nijjar Gurpal K $396,000
Previous Owner Angulo Enrique S $252,792
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/12/2017 10/12/17 Sold $440,000 +7.3% $650 / Sq Ft
09/12/2017 09/12/17 Pending -- -- --
09/05/2017 09/05/17 For Sale $409,950 -- $606 / 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 $6,826 $490,826 $245,413 $245,413
2023 $6,714 $481,202 $240,601 $240,601
2022 $6,704 $471,768 $235,884 $235,884
2021 $6,507 $462,518 $231,259 $231,259
2020 $6,115 $446,000 $223,000 $223,000
2019 $6,039 $448,800 $224,400 $224,400
2018 $5,963 $440,000 $220,000 $220,000
2017 $5,248 $372,079 $211,944 $160,135
2016 $4,413 $316,000 $180,000 $136,000
2015 $4,290 $306,000 $174,300 $131,700
2014 $3,412 $246,000 $140,100 $105,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81676316

MLSListings

APN: 589-29-111