NOT LISTED FOR SALE

2859 S Bascom Ave Unit 304 San Jose, CA 95124

Cambrian Neighborhood

Estimated Value: $674,000 - $746,965

2 Beds
2 Baths
841 Sq Ft
$445/mo HOA Fee

Last Sold January 15, 2021

Last sale price $635,000 $755 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $5,186/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Granite Countertops
  • Walk-in Shower
  • Branham High School Rated A
  • Bathtub with Shower
  • Washer and Dryer

About This Home

As of January 2021

Fabulous opportunity to own an updated condo at Cedar Terrace. Located in the heart of Silicon Valley, this updated 2 bedroom, 2 bathroom condo will not disappoint. Pride of ownership is evident as the home boasts; vaulted ceilings, upgraded flooring, granite kitchen counters, remodeled bathrooms, in-unit washer and dryer, fireplace, private balcony great for entertaining, new interior paint, new bedroom carpet, and a large master retreat. In addition to all the updates, this condo features gated and secured parking with two designated parking spots and separate secure storage. Located close to shopping, downtown Campbell, and major freeway access points, this condo is sure to be coveted by either first-time home buyers or investors looking for a move-in ready product!

Last Agent to Sell the Property

Matt Mueller

Compass License #70010045 Listed on: 12/10/2020

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,926

Year Built

  • 1984

Lot Details

  • 915

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 841 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Family Room with Fireplace
  • Dining Area
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Community Details

  • Cedar Terrace HOA

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,926

Year Built

1984

Lot Details

0

HOA Fees

$445 per month

Parking

2

Listing Details

  • Zoning: R 3
  • Subclass: Condominium
  • Age: 36
  • Listing Class: Residential
  • Structure Sq Ft: 841
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 841
  • Stories: 1
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower Over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Underground Parking

Utilities

  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cedar Terrace
  • HOA Fees: 445
  • HOA Documents: Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • HOA Exist: Yes
  • H O A Name Text: Cedar Terrace HOA

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Campbell Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2020
Closed on
Jan 7, 2021
Sold by
Barcenas Kharlo Guillermo and Tam Shelly
Bought by
Moghaddam Sina Mobasher
Seller's Agent
Matt Mueller
Compass
List Price
$599,000
Sold Price
$635,000
Premium/Discount to List
$36,000
6.01%
Current Estimated Value
$717,491

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$82,491
Avg. Annual Appreciation
3.03%
Original Mortgage
$508,000
Outstanding Balance
$458,553
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$266,283

Purchase Details

Closed on
Jul 17, 2017
Sold by
Barcenas Kharlo G
Bought by
Barcenas Kharlo Guillermo and Tam Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$424,100
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2015
Closed on
Aug 17, 2015
Sold by
Brown Patricia Ann Pruitt and Coakley Patricia A
Bought by
Barcenas Kharlo G
Seller's Agent
Bill Posada
The Posada Group, Inc
Buyer's Agent
Shelly Tam
Coldwell Banker Realty
List Price
$469,000
Sold Price
$490,000
Premium/Discount to List
$21,000
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.07%
Original Mortgage
$441,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 21, 2015
Closed on
Aug 8, 2015
Sold by
Brown Donald Linscott
Bought by
Brown Patricia Ann Pruitt
Seller's Agent
Bill Posada
The Posada Group, Inc
Buyer's Agent
Shelly Tam
Coldwell Banker Realty
List Price
$469,000
Sold Price
$490,000
Premium/Discount to List
$21,000
4.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2007
Sold by
Tam Hannah B
Bought by
Coakley Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$421,950
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 6, 1996
Sold by
Sherman Matthew J and Sherman Deborah L
Bought by
Tam Hannah B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,500
Interest Rate
7.62%

Purchase Details

Closed on
Nov 16, 1995
Sold by
Borello Monica M and Borello Victor J
Bought by
Sherman Matthew T and Sherman Deborah L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,900
Interest Rate
7.51%

Purchase Details

Closed on
Mar 17, 1994
Sold by
Borello Monica M
Bought by
Borello Victor J and Borello Monica M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,500
Interest Rate
7.21%
Source: Public Records

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Range of Values:

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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
Moghaddam Sina Mobasher $635,000 Fidelity National Title Co
Barcenas Kharlo Guillermo -- Old Republic Title Company
Barcenas Kharlo G $490,000 Old Republic Title Company
Brown Patricia Ann Pruitt -- Old Republic Title Company
Coakley Patricia A $435,000 Financial Title Company
Tam Hannah B $142,500 Stewart Title
Sherman Matthew T $142,000 Santa Clara Land Title Co
Borello Victor J -- Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moghaddam Sina Mobasher $508,000
Previous Owner Barcenas Kharlo Guillermo $407,000
Previous Owner Barcenas Kharlo Guillermo $424,100
Previous Owner Barcenas Kharlo G $441,000
Previous Owner Coakley Patricia A $421,950
Previous Owner Tam Hannah B $284,000
Previous Owner Tam Hannah B $97,500
Previous Owner Tam Hannah B $101,000
Previous Owner Tam Hannah B $105,500
Previous Owner Sherman Matthew T $134,900
Previous Owner Borello Victor J $112,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/15/2021 01/15/21 Sold $635,000 +6.0% $755 / Sq Ft
12/18/2020 12/18/20 Pending -- -- --
12/10/2020 12/10/20 For Sale $599,000 +22.2% $712 / Sq Ft
08/26/2015 08/26/15 Sold $490,000 +4.5% $583 / Sq Ft
07/28/2015 07/28/15 Pending -- -- --
07/22/2015 07/22/15 For Sale $469,000 -4.3% $558 / Sq Ft
07/22/2015 07/22/15 Off Market $490,000 -- --
07/21/2015 07/21/15 For Sale $469,000 -- $558 / 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
2024 $8,926 $673,866 $336,933 $336,933
2023 $8,325 $615,000 $307,500 $307,500
2022 $8,736 $647,700 $323,850 $323,850
2021 $7,374 $535,882 $267,941 $267,941
2020 $7,078 $530,388 $265,194 $265,194
2019 $7,013 $519,990 $259,995 $259,995
2018 $6,829 $509,796 $254,898 $254,898
2017 $6,590 $499,800 $249,900 $249,900
2016 $6,271 $490,000 $245,000 $245,000
2015 $5,856 $447,000 $223,500 $223,500
2014 $4,822 $364,000 $182,000 $182,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81822901

MLSListings

APN: 414-08-022