2775 Somerset Park Cir San Jose, CA 95132
Cherrywood Neighborhood
2
Beds
2
Baths
831
Sq Ft
$360/mo
HOA Fee
Highlights
- Private Pool
- View of Hills
- Breakfast Bar
- Cherrywood Elementary School Rated A-
- Sauna
- Bathtub with Shower
About This Home
As of September 2024This beautiful 2nd-level home offers the perfect combination of comfort and convenience, ideal for first-time homebuyers or savvy investors. Move-in ready with recent upgrades including new carpet, lighting, fresh paint, and an in-unit laundry, this bright and cozy residence boasts a functional and desirable floor plan with 2 spacious bedrooms and 2 full baths. Enjoy the serene views of the hills from your balcony, and take advantage of the numerous amenities this gated community offers, including a pool, clubhouse, gym, and cabana. The well-maintained complex has a low HOA fee of just $360 per month, which covers water and garbage. The modern kitchen features granite countertops and stainless steel appliances, while the home is equipped with central air conditioning, recessed lighting, a refrigerator, and in-unit washer and dryer. Centrally located, this home provides easy access to major freeways (680, 880, 237, and 101) and is just minutes away from schools, the BART station, Great Mall, grocery stores, restaurants, and cafes. Dont miss this incredible opportunity to own a piece of San Jose living!
Last Buyer's Agent
Bharat Kumar
Compass License #01994328
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $7,874
Year Built
- Built in 1988
HOA Fees
- $360 Monthly HOA Fees
Home Design
- Slab Foundation
- Composition Roof
- Stucco
Interior Spaces
- 831 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Living Room with Fireplace
- Family or Dining Combination
- Carpet
- Views of Hills
Kitchen
- Breakfast Bar
- Electric Oven
- Range Hood
- Microwave
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Full Bathrooms
- Bathtub with Shower
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 1 Carport Space
- On-Street Parking
- Assigned Parking
Pool
- Private Pool
Utilities
- Cooling System Mounted To A Wall/Window
- Forced Air Heating System
- Vented Exhaust Fan
- Separate Meters
- Individual Gas Meter
Listing and Financial Details
- Assessor Parcel Number 589-29-023
Community Details
Overview
- Association fees include common area electricity, common area gas, exterior painting, garbage, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, sewer, water / sewer
- Community Management Services Association
- Built by Somerset Park Condominiums
Amenities
- Sauna
Recreation
- Community Pool
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 14, 2024
Closed on
Sep 25, 2024
Sold by
Soni Nipun
Bought by
Soni Nidhi
Seller's Agent
Samit Shah
Compass
Buyer's Agent
Bharat Kumar
Compass
List Price
$698,000
Sold Price
$635,000
Premium/Discount to List
-$63,000
-9.03%
Total Days on Market
22
Views
59
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,784
Avg. Annual Appreciation
6.31%
Original Mortgage
$476,250
Outstanding Balance
$473,627
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$189,157
Purchase Details
Listed on
Aug 14, 2024
Closed on
Sep 19, 2024
Sold by
Kamalanathan Kotha Revocable Trust and Kamalanathan Deepak
Bought by
Soni Nidhi
Seller's Agent
Samit Shah
Compass
Buyer's Agent
Bharat Kumar
Compass
List Price
$698,000
Sold Price
$635,000
Premium/Discount to List
-$63,000
-9.03%
Views
59
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$476,250
Outstanding Balance
$473,627
Interest Rate
6.49%
Mortgage Type
New Conventional
Estimated Equity
$189,157
Purchase Details
Closed on
Dec 30, 2021
Sold by
Kamalanathan and Deepak
Bought by
Kamalanathan Kotha Revocable Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
2.13%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 21, 2016
Sold by
Bouapha Ketmany J and Chinnasan Jatuporn
Bought by
Kamalanathan Deepak and Kotha Saranya
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,450
Interest Rate
3.57%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 20, 2005
Sold by
Davidson Associates Corp
Bought by
Bouapha Ketmany J and Chinnasan Jatuporn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,198
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
Similar Homes in San Jose, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | Chicago Title | |
| Grant Deed | $635,000 | Chicago Title Company | |
| Quit Claim Deed | -- | None Listed On Document | |
| Grant Deed | $495,000 | Fidelity National Title Co | |
| Grant Deed | $356,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $476,250 | New Conventional | |
| Previous Owner | $367,500 | New Conventional | |
| Previous Owner | $90,000 | Unknown | |
| Previous Owner | $428,000 | New Conventional | |
| Previous Owner | $445,450 | New Conventional | |
| Previous Owner | $109,500 | Unknown | |
| Previous Owner | $71,198 | Credit Line Revolving | |
| Previous Owner | $284,792 | Fannie Mae Freddie Mac |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/27/2024 09/27/24 | Sold | $635,000 | +6.2% | $764 / Sq Ft |
| 09/06/2024 09/06/24 | Pending | -- | -- | -- |
| 08/26/2024 08/26/24 | Price Changed | $598,000 | -14.3% | $720 / Sq Ft |
| 08/14/2024 08/14/24 | For Sale | $698,000 | -- | $840 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $7,874 | $574,482 | $287,241 | $287,241 |
| 2023 | $7,748 | $563,218 | $281,609 | $281,609 |
| 2022 | $7,647 | $552,176 | $276,088 | $276,088 |
| 2021 | $7,422 | $541,350 | $270,675 | $270,675 |
| 2020 | $7,241 | $535,800 | $267,900 | $267,900 |
| 2019 | $6,981 | $525,296 | $262,648 | $262,648 |
| 2018 | $6,893 | $514,998 | $257,499 | $257,499 |
| 2017 | $6,946 | $504,900 | $252,450 | $252,450 |
| 2016 | $5,602 | $410,959 | $230,876 | $180,083 |
| 2015 | $5,473 | $400,000 | $224,700 | $175,300 |
| 2014 | $4,879 | $365,000 | $205,100 | $159,900 |
Source: Public Records
Agents Affiliated with this Home
-
Samit Shah
Seller's Agent in 2024
Samit Shah
Compass
(408) 314-1828
1 in this area
180 Total Sales
-
B
Buyer's Agent in 2024
Bharat Kumar
Compass
(408) 930-2117
1 in this area
14 Total Sales
Map
Source: MLSListings
MLS Number: ML81976650
APN: 589-29-023
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