NOT LISTED FOR SALE

2861 S Bascom Ave Unit 703 San Jose, CA 95124

Cambrian Neighborhood

Estimated Value: $676,000 - $716,000

2 Beds
2 Baths
841 Sq Ft
$414/mo HOA Fee

Last Sold September 24, 2018

Last sale price $620,000 $737 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $4,831/month

39 Days on Market

Highlights

  • Quartz Countertops
  • Community Pool
  • Electric Gate
  • Branham High School Rated A
  • Bathtub with Shower
  • Laundry in Utility Room

About This Home

As of September 2018

A Rare Find! Newly remodeled gorgeous 2 Br/2Ba situated in a best/quiet complex. Open, bright, and functional plan. Spacious living room with custom Quartz fireplace. Fully remodeled kitchen with custom cabinets, Quartz countertops, backsplash, new refrigerator and new floors. Laminate floors throughout. Custom moldings and baseboards. Spacious master bedroom with ample closet space. Fully remodeled bathrooms featuring new vanities, sinks, fixtures, Quartz countertops and shower tiles. New lighting fixtures, Convenient inside laundry room with washer/dryer included. Relaxing outside patio. Sparkling pool and hot tub, Rec room with dry Sauna and shower. Two covered parking spaces. Extra storage unit approx. 6' by 10'. Excellent Cambrian schools. HOA dues include hot water, garbage, landscaping, roof and exterior painting, fire insurance for building structure and all common areas.

Last Agent to Sell the Property

Robert Yu

RE/MAX Real Estate Services License #01022567 Listed on: 07/19/2018

RE/MAX Real Estate Services

Last Buyer's Agent

Michael Holmboe

Intero Real Estate Services License #01740451

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,976

Year Built

  • Built in 1984

Lot Details

  • 832

HOA Fees

  • $414 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Workshop in Garage
  • Garage Door Opener
  • Electric Gate
  • Guest Parking
  • Off-Street Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 841 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Laundry in Utility Room

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Zoned Heating
  • Wall Furnace
  • Separate Meters

Additional Features

  • Fence Around Pool
  • Grass Covered Lot

Listing and Financial Details

  • Assessor Parcel Number 414-08-053

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
  • Cedar Terrace HOA
  • Built by Cedar Terrace HOA

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,976

Year Built

Built in 1984

Lot Details

0

HOA Fees

$414 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Age: 34
  • Listing Class: Residential
  • Structure Sq Ft: 841
  • Complex Name: Cedar Terrace HOA
  • Year Built: 1984
  • Zoning Description: R-3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Dishwasher, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 841
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor
  • Laundry: In Utility Room, Inside
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower and Tub, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - Fenced
  • Yard/Grounds: Low Maintenance
  • Construction Type: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, Underground Parking, Workshop in Garage

Utilities

  • Heating System: Individual Room Controls, Wall Furnace
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 414
  • HOA Amenities: Community Pool
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study
  • 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
  • H O A Name Text: Cedar Terrace HOA
  • H O A Exist: Yes

Schools

  • School District: Campbell Union High
  • Elementary School: Farnham Charter
  • Middle School: Price Charter Middle
  • High School: Branham High
  • High School: 237
  • Elementary School: 44
  • Middle School: 46

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 414-08-053
  • Lot Acres: 0.0191
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 833.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 833.00

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: Farnham Charter
  • High School Text: Branham High
  • Middle School Text: Price Charter Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2018
Closed on
Sep 11, 2018
Sold by
Singhal Nitesh
Bought by
Pan Eugene and Wu Hui Chun
Seller's Agent
Robert Yu
RE/MAX Real Estate Services
Buyer's Agent
Michael Holmboe
Intero Real Estate Services
List Price
$680,000
Sold Price
$620,000
Premium/Discount to List
-$60,000
-8.82%
Current Estimated Value
$694,813

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,813
Avg. Annual Appreciation
1.64%
Original Mortgage
$465,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2015
Closed on
May 29, 2015
Sold by
Walsh Gloria H
Bought by
Singhal Nitesh
Seller's Agent
Brian Kiernan
Coldwell Banker Realty
Buyer's Agent
Mindy Masli
Intero Real Estate Services
List Price
$449,000
Sold Price
$505,000
Premium/Discount to List
$56,000
12.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%
Original Mortgage
$404,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 11, 2015
Closed on
May 21, 2015
Sold by
Chaudhary Jyoti Sharadkumar
Bought by
Singhal Nitesh
Seller's Agent
Brian Kiernan
Coldwell Banker Realty
Buyer's Agent
Mindy Masli
Intero Real Estate Services
List Price
$449,000
Sold Price
$505,000
Premium/Discount to List
$56,000
12.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$404,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2003
Sold by
Walsh Gloria Helen
Bought by
Walsh Gloria H

Purchase Details

Closed on
Aug 12, 1996
Sold by
Winter Gayle G
Bought by
Walsh Gloria Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,750
Interest Rate
8.42%
Source: Public Records

Range of Values:

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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
Pan Eugene $620,000 Old Republic Title Co
Singhal Nitesh $505,000 Cornerstone Title Company
Singhal Nitesh -- Cornerstone Title Company
Walsh Gloria H -- --
Walsh Gloria Helen $141,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Eugene $436,000
Closed Wu Hui Chun $443,000
Closed Wu Hui Chun $451,500
Closed Pan Eugene $465,000
Previous Owner Singhal Nitesh $404,000
Previous Owner Walsh Gloria Helen $105,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2018 09/24/18 Sold $620,000 -6.8% $737 / Sq Ft
08/28/2018 08/28/18 Pending -- -- --
08/03/2018 08/03/18 Price Changed $665,000 -2.2% $791 / Sq Ft
07/19/2018 07/19/18 For Sale $680,000 +34.7% $809 / Sq Ft
06/05/2015 06/05/15 Sold $505,000 +12.5% $600 / Sq Ft
05/20/2015 05/20/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $449,000 -- $534 / 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 $8,976 $691,616 $345,808 $345,808
2024 $8,976 $678,056 $339,028 $339,028
2023 $8,325 $615,000 $307,500 $307,500
2022 $8,785 $651,728 $325,864 $325,864
2021 $8,637 $638,950 $319,475 $319,475
2020 $7,713 $584,000 $292,000 $292,000
2019 $8,211 $620,000 $310,000 $310,000
2018 $7,110 $533,412 $266,706 $266,706
2017 $6,951 $522,954 $261,477 $261,477
2016 $6,617 $512,700 $256,350 $256,350
2015 $2,858 $191,064 $117,892 $73,172
2014 $2,752 $187,322 $115,583 $71,739
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2018

    Robert Yu

    RE/MAX

    Section Image

  • M

    Buyer's Agent in 2018

    Michael Holmboe

    Intero Real Estate Services

  • Brian Kiernan

    Seller's Agent in 2015

    Brian Kiernan

    Coldwell Banker Realty

    (408) 506-4017

    2 in this area

    70 Total Sales

    Brian Kiernan
    Section Image
  • Mindy Masli

    Buyer's Agent in 2015

    Mindy Masli

    Intero Real Estate Services

    (408) 507-9737

    1 in this area

    26 Total Sales

    Mindy Masli
    Section Image
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Map

Source: MLSListings

MLS Number: ML81715243

MLSListings

APN: 414-08-053

California Santa Clara County San Jose 95008 Cambrian

2861 S Bascom Ave Unit 703, San Jose, CA

This home is located at 2861 S Bascom Ave Unit 703, San Jose, CA 95124 since 19 July 2018 and is currently estimated at $694,813, approximately $826 per square foot. This property was built in 1984. 2861 S Bascom Ave Unit 703 is a home located in Santa Clara County with nearby schools including Branham High School, Fammatre Elementary School, and Farnham Elementary School.

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