NOT LISTED FOR SALE

2859 S Bascom Ave Unit 306 San Jose, CA 95124

Cambrian Neighborhood

Estimated Value: $674,000 - $748,686

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

Last Sold November 05, 2020

Last sale price $642,000 $763 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,195/month

6 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Sauna
  • Branham High School Rated A
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of November 2020

Great opportunity to live in a gated community! This beautiful top floor unit has private patio with tree top views. Located in the middle of the complex it's set back from Bascom Ave. Enter the condo to a vaulted ceiling in the living room, giving a bright and airy feel. The unit features 2 bedrooms, 2 baths, dining nook, indoor laundry, updated kitchen and more! This home is move-in ready. New finishes in guest bathroom and fresh paint throughout. Underground secure parking and gated entrance with callbox. Complex features a community pool & clubhouse. Two assigned parking spaces and private storage in the secure underground garage. Easy access to highways 85, 880/17 & 280. Located close to shopping, dining, and entertainment including The Pruneyard and Downtown Campbell.

Last Agent to Sell the Property

Mika Dial

Keller Williams Realty-Silicon Valley License #02074444 Listed on: 09/30/2020

Keller Williams Realty-Silicon Valley

Last Buyer's Agent

Ronelyn Samudio

Intero Real Estate Services License #01342544

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,015

Year Built

  • 1984

Lot Details

  • 902

HOA Fees

  • $445 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking

Home Design

  • Reinforced Concrete Foundation
  • Composition Roof

Interior Spaces

  • 841 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Breakfast Area or Nook
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Vented Exhaust Fan
  • 220 Volts

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, sewer, water
  • 80 Units
  • Cedar Terrace Association

Recreation

  • Community Pool

Additional Features

  • Sauna
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,015

Year Built

1984

Lot Details

0

HOA Fees

$445 per month

Parking

2

Listing Details

  • Zoning: R 3
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Age: 36
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 4
  • Min Numberof Unitsin Complex: 80
  • Structure Sq Ft: 841
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Breakfast Nook
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 841
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Reinforced Concrete
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Pool / Spa Combo, Steam Room Or Sauna

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 10
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Underground Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cedar Terrace
  • HOA Fees: 445
  • HOA Amenities: Community Pool, Community Security Gate, Sauna / Spa / Hot Tub
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Sewer, Water
  • HOA Exist: Yes
  • H O A Name Text: Cedar Terrace

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.0207
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 902.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 902.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 28, 2021
Sold by
Hatch Jordan Kipp
Bought by
Hatch Jordan K and The Jordan K Hatch 2021 Revoca
Current Estimated Value
$717,922

Purchase Details

Listed on
Sep 30, 2020
Closed on
Oct 13, 2020
Sold by
Brown Kevin and Schillage Tanya
Bought by
Hatch Jordan Kipp
Seller's Agent
Mika Dial
Keller Williams Realty-Silicon Valley
Buyer's Agent
Ronelyn Samudio
Intero Real Estate Services
List Price
$599,000
Sold Price
$642,000
Premium/Discount to List
$43,000
7.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.74%
Original Mortgage
$603,480
Outstanding Balance
$542,793
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$184,739

Purchase Details

Closed on
Apr 29, 2020
Sold by
Brown Kevin and Schillage Tanya
Bought by
Brown Kevin and Schillage Tanya

Purchase Details

Closed on
Jul 7, 2014
Sold by
Mortimer Michele L
Bought by
Schillage Tanya M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.64%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2006
Sold by
Decicco Vanessa L
Bought by
Mortimer Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,150
Interest Rate
6.46%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Oct 21, 2005
Sold by
Schuth Leah
Bought by
Decicco Vanessa Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,800
Interest Rate
5.74%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 11, 2003
Sold by
Hernandez Samuel and Hernandez Nora
Bought by
Schuth Leah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.37%

Purchase Details

Closed on
Jan 15, 2002
Sold by
Zuraek Homer P and Zuraek Adelaida H
Bought by
Hernandez Samuel and Hernandez Nora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
6.84%

Purchase Details

Closed on
Aug 24, 1999
Sold by
Hambley Harold B and Hambley Joyce W
Bought by
Zuraek Homer P and Zuraek Adelaida H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.25%

Purchase Details

Closed on
Oct 14, 1994
Sold by
Hambley Douglas S and Hambley Charling
Bought by
Hambley Harold B and Hambley Joyce W
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
Hatch Jordan K -- None Available
Hatch Jordan Kipp $642,000 Chicago Title Company
Brown Kevin -- None Available
Brown Kevin -- None Available
Schillage Tanya M $500,000 Old Republic Title Company
Mortimer Michele L -- None Available
Mortimer Michele L $441,000 First American Title Company
Decicco Vanessa Laura $431,000 Fidelity National Title Ins
Schuth Leah $312,000 Alliance Title Company
Hernandez Samuel $285,000 Alliance Title Company
Zuraek Homer P $220,000 Fidelity National Title Co
Hambley Harold B $150,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hatch Jordan Kipp $603,480
Previous Owner Schillage Tanya M $450,000
Previous Owner Mortimer Michele L $66,150
Previous Owner Mortimer Michele L $352,800
Previous Owner Decicco Vanessa Laura $50,000
Previous Owner Decicco Vanessa Laura $344,800
Previous Owner Schuth Leah $95,000
Previous Owner Schuth Leah $249,600
Previous Owner Hernandez Samuel $270,000
Previous Owner Zuraek Homer P $165,000
Closed Schuth Leah $62,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/05/2020 11/05/20 Sold $642,000 +7.2% $763 / Sq Ft
10/06/2020 10/06/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $599,000 +19.8% $712 / Sq Ft
05/08/2015 05/08/15 Sold $500,000 +11.1% $595 / Sq Ft
04/16/2015 04/16/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $449,995 -- $535 / 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 $9,015 $681,294 $340,647 $340,647
2023 $8,325 $615,000 $307,500 $307,500
2022 $8,823 $654,840 $327,420 $327,420
2021 $8,674 $642,000 $321,000 $321,000
2020 $7,304 $549,464 $274,732 $274,732
2019 $7,237 $538,692 $269,346 $269,346
2018 $6,964 $528,130 $264,065 $264,065
2017 $6,806 $517,776 $258,888 $258,888
2016 $6,476 $507,624 $253,812 $253,812
2015 $5,856 $447,000 $223,500 $223,500
2014 -- $364,000 $182,000 $182,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81808813

MLSListings

APN: 414-08-024