NOT LISTED FOR SALE

2776 Somerset Park Cir San Jose, CA 95132

Cherrywood Neighborhood

Estimated Value: $636,000 - $742,000

2 Beds
2 Baths
831 Sq Ft
$340/mo HOA Fee

Last Sold July 28, 2021

Last sale price $610,000 $734 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,821/month

7 Days on Market

Highlights

  • Fitness Center
  • In Ground Pool
  • Clubhouse
  • Cherrywood Elementary School Rated A-
  • Gated Community
  • Contemporary Architecture

About This Home

As of July 2021

Welcome to the lovely top floor 2 bed/ 2 bath end unit located in a gated community in serene Berryessa Neighborhood. Great view of the trees and greenbelt. Kitchen with granite countertop and updated SS appliances. Fresh paint, double pane windows. AC with central heating. Updated light fixtures and in-unit washer/dryer. extra storage on the patio, 2 parking space with sufficient guest parkings. HOA amenities includes clubhouse with gym, swimming pool & hot tub, and extra laundry facilities. Low HOA fees cover water & sewer and garbage removal. Close to light rail, BART, Park and shopping (Costco, H-Mart, Safeway, Trader Joe, the Great Mall etc.). And conveniently located near Hwy 680, 880, 237 and 101. Open houses, Sat & Sun, 12-3pm.

Last Agent to Sell the Property

Jie Li

License #01879335 Listed on: 06/24/2021

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,627

Year Built

  • Built in 1988

Lot Details

  • End Unit

HOA Fees

  • $340 Monthly HOA Fees

Parking

  • Guest Parking

Home Design

  • Contemporary Architecture
  • Shingle Roof
  • Wood Siding

Interior Spaces

  • 1-Story Property
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Spa

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 58929121

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, trash, water/sewer
  • 128 Units
  • Not Listed Association, Phone Number (408) 559-1977
  • Not Listed Subdivision
  • Greenbelt

Amenities

  • Clubhouse
  • Laundry Facilities

Recreation

  • Fitness Center
  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,627

Year Built

Built in 1988

Lot Details

0

HOA Fees

$340 per month

Listing Details

  • Stories: 1
  • Year Built: 1988
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Subdivision Name: Not Listed
  • Directions: Hwy 680 - N. Capital Ave - Morrill- use left gate
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One Story
  • New Construction: No
  • Efficiency: None
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Carpet, Tile
  • Spa Features: Private
  • Private Spa: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Dryer, Washer
  • Accessibility Features: None
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: No Additional Rooms, Stone Counters
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Microwave, Refrigerator

Exterior Features

  • Roof: Shingle
  • Lot Features: No Lot
  • Pool Features: In Ground
  • Pool Private: No
  • Common Walls: End Unit
  • Construction Type: Wood Siding
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Attached Garage: No
  • Parking Features: Space Per Unit - 2

Utilities

  • Heating: Central
  • Cooling: Wall/Window Unit(s)
  • Laundry Features: Dryer, In Unit, Washer
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Clubhouse, Greenbelt, Fitness Center, Pool, Gated, Spa/Hot Tub, Guest Parking, Laundry
  • Association Fee: 340
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 408-559-1977
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Trash, Water/Sewer

Lot Info

  • Parcel Number: 58929121
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 128

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2021
Closed on
Jul 16, 2021
Sold by
Kim Dae Hyung and Lee Yeseul
Bought by
Wang Yubin
Seller's Agent
Jie Li
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$580,000
Sold Price
$610,000
Premium/Discount to List
$30,000
5.17%
Current Estimated Value
$681,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,332
Avg. Annual Appreciation
4.36%
Original Mortgage
$300,000
Outstanding Balance
$275,250
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$448,898

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 27, 2016
Sold by
Zakki Mohammed
Bought by
Kim Dae Hyung and Lee Yeseul
Seller's Agent
Bernard Laffer
Realty World Complete Srcvs
Buyer's Agent
Jie Li
Intero Real Estate Services
List Price
$488,000
Sold Price
$500,000
Premium/Discount to List
$12,000
2.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.99%
Original Mortgage
$450,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2014
Sold by
Zakki Mohammed
Bought by
Zakki Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 26, 2008
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Zakki Mohammed

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 5, 2008
Sold by
Capili Santiago Norman Tamayo and Capili Santiago Rodelia
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
Apr 10, 2006
Sold by
Davidon Associates Corp
Bought by
Santiago Norman Tamayo and Santiago Rodelia Capili

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,192
Interest Rate
6.75%
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
Wang Yubin $610,000 Chicago Title Company
Kim Dae Hyung $500,000 First American Title Company
Zakki Mohammed -- First American Title Company
Zakki Mohammed $270,000 Ticor Title
Federal Home Loan Mortgage Corporation $209,700 Accommodation
Santiago Norman Tamayo $399,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Yubin $300,000
Previous Owner Kim Dae Hyung $450,000
Previous Owner Zakki Mohammed $300,000
Previous Owner Zakki Mohammed $242,220
Previous Owner Zakki Mohammed $243,000
Previous Owner Santiago Norman Tamayo $79,798
Previous Owner Santiago Norman Tamayo $319,192
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $610,000 -- --
07/28/2021 07/28/21 Sold $610,000 +5.2% $734 / Sq Ft
07/01/2021 07/01/21 Pending -- -- --
06/24/2021 06/24/21 For Sale $580,000 +16.0% $698 / Sq Ft
06/30/2016 06/30/16 Sold $500,000 +2.5% $602 / Sq Ft
06/01/2016 06/01/16 Pending -- -- --
05/19/2016 05/19/16 For Sale $488,000 -- $587 / Sq Ft
Source: Bay East Association of REALTORS®

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 $8,627 $634,644 $317,322 $317,322
2023 $8,275 $605,000 $302,500 $302,500
2022 $8,479 $610,000 $305,000 $305,000
2021 $7,492 $546,822 $273,411 $273,411
2020 $7,308 $541,216 $270,608 $270,608
2019 $7,046 $530,604 $265,302 $265,302
2018 $6,958 $520,200 $260,100 $260,100
2017 $7,011 $510,000 $255,000 $255,000
2016 $4,134 $293,707 $205,596 $88,111
2015 $4,080 $289,296 $202,508 $86,788
2014 $3,876 $283,630 $198,542 $85,088
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40955962

Bay East Association of REALTORS®

APN: 589-29-121