NOT LISTED FOR SALE

2773 Somerset Park Cir San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $648,000 - $1,019,000

2 Beds
2 Baths
831 Sq Ft
$330/mo HOA Fee

Last Sold February 15, 2018

Last sale price $650,000 $782 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $5,378/month

22 Days on Market

Highlights

  • In Ground Spa
  • Granite Countertops
  • Controlled Access
  • Cherrywood Elementary School Rated A-
  • Electric Gate
  • Zoned Heating

About This Home

As of February 2018

Welcome home to this wonderful first floor condo nestled in a desirable Berryessa neighborhood. Gated community - excellent end unit with no front neighbors! This home features a bright and open floor plan with a cozy fireplace, your own private patio and A/C. Kitchen and bathrooms feature granite counters. Two spacious en suite bedrooms with private baths. Indoor laundry includes washer & dryer. Low HOA dues at $330/month includes: water, sewer, trash, pool, spa, clubhouse, fitness center, roof, & other exterior maintenance! Residents of Somerset Park benefit from quick access to 680/880/101. Conveniently located nearby light rail and future Bart, Cataldi Park, Penitencia Park, and Great Mall. Wonderful schools, Cherrywood Elementary is just around the corner and Sierramont Middle is less than one mile away. Offering a convenient location and many upgrades throughout, making it an incredible investment!!!

Last Agent to Sell the Property

Stacey Tomasello

Redfin License #01390224 Listed on: 01/08/2018

Redfin

Last Buyer's Agent

Gigi Zhang

Corcoran Icon Properties License #01985280

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,509

Year Built

  • Built in 1988

Lot Details

  • 932

HOA Fees

  • $330 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 831 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Electric Gate
  • Secured Garage or Parking
  • Assigned Parking

Pool

  • In Ground Spa
  • Private Pool
  • Fence Around Pool

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 589-29-022

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening, management fee, pool spa or tennis, recreation facility, reserves, roof, sewer, water
  • Community Management Association
  • Built by Somerset Park

Recreation

  • Community Pool

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,509

Year Built

Built in 1988

Lot Details

0

HOA Fees

$330 per month

Listing Details

  • Subclass: Condominium
  • Age: 30
  • 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: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 831
  • Stories: 1
  • Security: Controlled / Secured Access, Secured Garage / Parking
  • Laundry: Inside, Washer / Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced, Spa - In Ground
  • Roof: Shingle
  • Pool: Yes

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Electric, Heating - 2+ Zones, Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 330
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Management Fee, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Sewer, Water
  • H O A Name Text: Community Management
  • 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: 589-29-022
  • Lot Acres: 0.0214
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 931.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 931.00

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
Jan 8, 2018
Closed on
Feb 7, 2018
Sold by
Narasimha Ashwin and Narasimha Maithili
Bought by
Bao Min and Li Jiejun
Seller's Agent
Stacey Tomasello
Redfin
Buyer's Agent
Gigi Zhang
Corcoran Icon Properties
List Price
$610,000
Sold Price
$650,000
Premium/Discount to List
$40,000
6.56%
Current Estimated Value
$798,710

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,710
Avg. Annual Appreciation
1.96%

Purchase Details

Closed on
Oct 30, 2015
Sold by
Chimmalgi Anant and Narasimha Ashwin
Bought by
Narasimha Ashwin and Narasimha Maithili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 19, 2012
Sold by
Federal National Mortgage Association
Bought by
Chimmalgi Anant and Narasimha Ashwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,277
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 16, 2012
Sold by
Narasimha Maithili
Bought by
Narasimha Ashwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,277
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 23, 2011
Sold by
Reyes Jesus T and Reyes Zenaida P
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 20, 2005
Sold by
Davidon Associates Corp
Bought by
Reyes Jesus T and Reyes Zenaida P
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
Bao Min $650,000 Chicago Title Co
Narasimha Ashwin -- Fidelity National Title Co
Chimmalgi Anant $227,000 Servicelink
Narasimha Ashwin -- Servicelink
Federal National Mortgage Association $276,925 Landsafe Title
Reyes Jesus T $352,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Narasimha Ashwin $318,000
Previous Owner Narasimha Ashwin $326,250
Previous Owner Chimmalgi Anant $204,277
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2018 02/15/18 Sold $650,000 +6.6% $782 / Sq Ft
01/31/2018 01/31/18 Pending -- -- --
01/25/2018 01/25/18 For Sale $610,000 0.0% $734 / Sq Ft
01/25/2018 01/25/18 Price Changed $610,000 +6.1% $734 / Sq Ft
01/17/2018 01/17/18 Pending -- -- --
01/08/2018 01/08/18 For Sale $575,000 -- $692 / 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 $9,509 $620,000 $310,000 $310,000
2024 $9,509 $705,000 $352,500 $352,500
2023 $8,275 $605,000 $302,500 $302,500
2022 $9,594 $696,930 $348,465 $348,465
2021 $9,319 $683,266 $341,633 $341,633
2020 $9,089 $676,260 $338,130 $338,130
2019 $8,762 $663,000 $331,500 $331,500
2018 $3,695 $250,306 $175,187 $75,119
2017 $3,717 $245,399 $171,752 $73,647
2016 $3,557 $240,588 $168,385 $72,203
2015 $3,510 $236,975 $165,856 $71,119
2014 $3,329 $232,334 $162,608 $69,726
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Stacey Tomasello

    Redfin

    Section Image

  • G

    Buyer's Agent in 2018

    Gigi Zhang

    Corcoran Icon Properties

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81688251

MLSListings

APN: 589-29-022

California Santa Clara County San Jose 95132 Cherrywood

2773 Somerset Park Cir, San Jose, CA

This home is located at 2773 Somerset Park Cir, San Jose, CA 95132 since 08 January 2018 and is currently estimated at $798,710, approximately $961 per square foot. This property was built in 1988. 2773 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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