NOT LISTED FOR SALE

2761 Somerset Park Cir Unit 2761 San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $476,349 - $646,000

1 Bed
1 Bath
677 Sq Ft
1,742 Sq Ft Lot

Last Sold October 23, 2015

Last sale price $320,000 $473 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,378/month

13 Days on Market

Highlights

  • Fitness Center
  • Private Pool
  • Clubhouse
  • Cherrywood Elementary School Rated A-
  • Gated Community
  • Open to Family Room

About This Home

As of October 2015

Welcome to the Somerset Park Community. Cozy 1bed/1bath condo in the heart of the Berryessa area. Featuring granite countertops in kitchen and bath. All appliances included. Community is very private and gated. Enjoy the many amenities: pool/spa, club house, and exercise room. Home is a bottom floor level unit located in a very desirable location in the complex close to the pool and club house for easy access. This one won't last, come see today !

Last Agent to Sell the Property

Nguyen Le

Alliance Bay Realty License #01797370 Listed on: 09/17/2015

Alliance Bay Realty

Last Buyer's Agent

Ric Gali

Realty World Dominion License #01486511

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,330

Year Built

  • Built in 1988

Lot Details

  • 1,742

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 677 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Combination Dining and Living Room
  • Open to Family Room
  • Washer and Dryer

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Garage Door Opener
  • Secured Garage or Parking
  • Off-Street Parking
  • Assigned Parking

Pool

  • Private Pool
  • Fence Around Pool

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 589-29-016

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, landscaping / gardening, pool spa or tennis, recreation facility, roof, water / sewer
  • 128 Units
  • Community Managment Services Association
  • Built by Somerset Park Condominiums
  • Greenbelt

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Pet Policy

  • Pets Allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,330

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 27
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 128
  • Structure Sq Ft: 677
  • Complex Name: Somerset Park Condominiums
  • Year Built: 1988
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 677
  • Stories: 1
  • Security: Secured Garage / Parking
  • Laundry: Community Facility, Hookup - Electric, Hookup - Washer/Dryer, Washer / Dryer
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced
  • Roof: Composition, Shingle
  • Pool: Yes

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Covered Parking, Gate / Door Opener, Off-Street Parking
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 318
  • HOA Amenities: Club House, Community Security Gate, Garden / Greenbelt / Trails, Gym / Exercise Facility
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Landscaping / Gardening, Pool, Spa, or Tennis, Recreation Facility, Roof, Water / Sewer
  • H O A Name Text: Community Managment 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: 589-29-016
  • 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: Individual Electric Meters, Individual Gas Meters, Natural Gas

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
Sep 17, 2015
Closed on
Oct 20, 2015
Sold by
Mcgrew June Perlas L and Folsom Julieta C
Bought by
Vu Anh B
Seller's Agent
Nguyen Le
Alliance Bay Realty
Buyer's Agent
Ric Gali
Realty World Dominion
List Price
$299,000
Sold Price
$320,000
Premium/Discount to List
$21,000
7.02%
Current Estimated Value
$550,587

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,587
Avg. Annual Appreciation
5.54%
Original Mortgage
$220,000
Outstanding Balance
$173,633
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$372,059

Purchase Details

Closed on
Apr 24, 2006
Sold by
Mcgrew John J
Bought by
Mcgrew June Perlas L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,392
Interest Rate
6.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 14, 2005
Sold by
Davidon Associates Corp
Bought by
Mcgrew June Perlas L and Folsom Julieta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$29,799
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving
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
Vu Anh B $320,000 Chicago Title Company
Mcgrew June Perlas L -- First American Title Company
Mcgrew June Perlas L $298,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vu Anh B $220,000
Previous Owner Mcgrew June Perlas L $238,392
Previous Owner Mcgrew June Perlas L $29,799
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/23/2015 10/23/15 Sold $320,000 +7.0% $473 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/28/2015 09/28/15 For Sale $299,000 0.0% $442 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
09/17/2015 09/17/15 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
2025 $5,330 $378,808 $189,404 $189,404
2024 $5,330 $371,382 $185,691 $185,691
2023 $5,236 $364,100 $182,050 $182,050
2022 $5,231 $356,962 $178,481 $178,481
2021 $5,073 $349,964 $174,982 $174,982
2020 $4,954 $346,376 $173,188 $173,188
2019 $4,780 $339,586 $169,793 $169,793
2018 $4,720 $332,928 $166,464 $166,464
2017 $4,753 $326,400 $163,200 $163,200
2016 $4,550 $320,000 $160,000 $160,000
2015 $4,378 $306,000 $214,200 $91,800
2014 $3,498 $246,000 $172,200 $73,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81514948

MLSListings

APN: 589-29-016