NOT LISTED FOR SALE

278 Moraga Way San Jose, CA 95119

Rancho Santa Teresa Neighborhood

Estimated Value: $1,445,000 - $1,701,000

4 Beds
2 Baths
2,010 Sq Ft
$794/Sq Ft Est. Value

Last Sold September 22, 2023

Last sale price $1,430,000 $711 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $10,307/month

6 Days on Market

Highlights

  • Formal Dining Room
  • Open to Family Room
  • Tile Countertops
  • Santa Teresa High School Rated A
  • Bathtub with Shower
  • 2-minute walk to Albertson Parkway

About This Home

As of September 2023

Come see this super one story, four bedroom, two bath home. Take a look at the formal living room, formal dining room, huge family room and kitchen with lots of extra storage in a wall of cabinets. The interior was just painted. The living room and dining room floors have brand new carpets and the rest of the house has bamboo floors. The bathrooms were updated a while back, and there are dual pane windows thru out. There is a separate laundry room with a wall of cabinets. The roof is metal and in great condition. The backyard is private and has grape vines with grapes, plus a garden area. This home is in great condition, but could use a little remodeling in the kitchen. All reports are clear. The Rancho Santa Teresa Swim Club is nearby and has a great swim and entertainment program. Schools are close by with Santa Teresa High serving this neighborhood. Highway 85 is just minutes away and light rail is close by. Thus home has so much to offer. Come by and take a look.

Last Agent to Sell the Property

Peggy Francis

Corcoran Icon Properties License #00640335 Listed on: 08/18/2023

Corcoran Icon Properties

Last Buyer's Agent

Leyla Alhosseini

Redfin License #01704633

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,282

Year Built

  • Built in 1972

Lot Details

  • 6,107 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,010 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Formal Dining Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating System
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 704-18-054

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,282

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 2010
  • Year Built: 1972
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Garbage Disposal, Oven - Electric, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 2010
  • Stories: 1
  • Laundry: Electricity Hookup (220V), In Utility Room, Washer / Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Metal

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 704-18-054
  • Lot Acres: 0.1402
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6105.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6105.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 18, 2023
Closed on
Sep 15, 2023
Sold by
Stewart John F
Bought by
Jain Rahul and Jain Shubha
Seller's Agent
Peggy Francis
Corcoran Icon Properties
Buyer's Agent
Leyla Alhosseini
Redfin
List Price
$1,395,000
Sold Price
$1,430,000
Premium/Discount to List
$35,000
2.51%
Views
79
Current Estimated Value
$1,596,754

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$166,754
Avg. Annual Appreciation
9.97%
Original Mortgage
$1,144,000
Outstanding Balance
$1,120,430
Interest Rate
5.78%
Mortgage Type
New Conventional
Estimated Equity
$595,867

Purchase Details

Closed on
Mar 15, 1994
Sold by
Stewart John F and Stewart Bonnie R
Bought by
Stewart John F and Stewart Bonnie R
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
Jain Rahul $1,430,000 Old Republic Title
Stewart John F -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Rahul $1,144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/22/2023 09/22/23 Sold $1,430,000 +2.5% $711 / Sq Ft
08/25/2023 08/25/23 Pending -- -- --
08/18/2023 08/18/23 For Sale $1,395,000 -- $694 / 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 $19,282 $1,458,600 $1,166,880 $291,720
2024 $19,282 $1,430,000 $1,144,000 $286,000
2023 $2,481 $90,316 $25,949 $64,367
2022 $2,460 $88,546 $25,441 $63,105
2021 $2,357 $86,811 $24,943 $61,868
2020 $2,255 $85,922 $24,688 $61,234
2019 $2,177 $84,238 $24,204 $60,034
2018 $2,134 $82,587 $23,730 $58,857
2017 $2,093 $80,968 $23,265 $57,703
2016 $1,989 $79,381 $22,809 $56,572
2015 $1,941 $78,190 $22,467 $55,723
2014 $1,493 $76,659 $22,027 $54,632
Source: Public Records

Agents Affiliated with this Home

  • Peggy Francis

    Seller's Agent in 2023

    Peggy Francis

    Corcoran Icon Properties

    (408) 997-9999

    2 in this area

    32 Total Sales

    Peggy Francis
    Section Image
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Map

Source: MLSListings

MLS Number: ML81939133

MLSListings

APN: 704-18-054

California Santa Clara County San Jose 95119 Rancho Santa Teresa

278 Moraga Way, San Jose, CA

This home is located at 278 Moraga Way, San Jose, CA 95119 since 18 August 2023 and is currently estimated at $1,596,754, approximately $794 per square foot. This property was built in 1972. 278 Moraga Way is a home located in Santa Clara County with nearby schools including Santa Teresa Elementary School, Bernal Intermediate School, and Santa Teresa High School.

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