$505,000
SOLD JUN 5, 2015

2861 S Bascom Ave Unit 703 San Jose, CA 95124

Cambrian Neighborhood
2 Beds
2 Baths
841 Sq Ft
436 Sq Ft Lot

Recently Sold

$600 Per Sq Ft

12% Above List Price

9 Days on Market

Highlights

  • Solar Heated In Ground Pool
  • Sauna
  • Clubhouse
  • Branham High School Rated A
  • Gated Community
  • Electric Gate

About This Home

As of September 2018

GATED COMMUNITY WITH UNDERGROUND PARKING. BEAUTIFUL 2 BED AND 2 BATH CONDO WITH LARGE ROOMS IS MOVE IN CONDITION WITH TONS OF UPGRADES INCLUDING NEW PAINT-NEW HARDWOOD FLOORS-NEW BATHS-NEW APPLIANCES. LIGHT AND BRIGHT WITH INSIDE LAUNDRY AND PRIVATE PATIO. A GREAT INVESTMENT OR FIRST TIME BUYER OPPORTUNITY IN A DESIRABLE LOCATION THAT IS CLOSE TO THE PRUNEYARD AND A SHORT WAGON PULL TO DOWNTOWN CAMPBELL. EASY ACCESS TO ALL MAJOR COMMUTES WILL GET YOU QUICKLY TO ANYWHERE IN SILICON VALLEY. WELCOME HOME !

Last Agent to Sell the Property

Brian Kiernan

Coldwell Banker Realty License #01487861 Listed on: 05/11/2015

Coldwell Banker Realty

Last Buyer's Agent

Mindy Masli

Intero Real Estate Services License #01895159

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,976

Year Built

  • Built in 1984

Lot Details

  • Property is Fully Fenced

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Lighted Parking
  • Garage Door Opener
  • Electric Gate
  • Guest Parking
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 841 Sq Ft Home
  • Wood Burning Fireplace
  • Dining Room
  • Sauna
  • Washer and Dryer Hookup

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Solar Heated In Ground Pool
  • Spa
  • Fence Around Pool

Utilities

  • Wall Furnace
  • Separate Meters

Listing and Financial Details

  • Assessor Parcel Number 414-08-053

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, decks, exterior painting, fencing, garbage, hot water, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof, water / sewer
  • 80 Units
  • Afirmitive Management Association
  • Built by Cedar Terrace

Amenities

  • Sauna
  • Clubhouse
  • Community Storage Space

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,976

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Age: 31
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 80
  • Structure Sq Ft: 841
  • Complex Name: Cedar Terrace
  • Year Built: 1984
  • Zoning Description: R-3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 841
  • Laundry: Hookup - Washer/Dryer
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - Fenced, Heated - Solar, Pool - In Ground, Steam Room or Sauna, Spa / Hot Tub
  • Roof: Composition
  • Pool: Yes
  • Fencing: Complete Perimeter
  • Construction Type: Concrete, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 9
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Common Parking Area, Electric Gate, Gate / Door Opener, Guest / Visitor Parking, Lighted Parking Area, Off-Street Parking, Unassigned Spaces, Underground Parking
  • Carport Min: 2

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 330
  • HOA Amenities: Additional Storage, Club House, Community Pool, Community Security Gate, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Water / Sewer
  • H O A Name Text: Afirmitive Management
  • H O A Exist: Yes

Schools

  • School District: Campbell Union High

Lot Info

  • Parcel Number: 414-08-053
  • 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: Individual Electric Meters

MLS Schools

  • High School District Text: Campbell Union High

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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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 Type Sale Price Title Company
Grant Deed $620,000 Old Republic Title Co
Grant Deed $505,000 Cornerstone Title Company
Interfamily Deed Transfer -- Cornerstone Title Company
Interfamily Deed Transfer -- --
Grant Deed $141,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $436,000 New Conventional
Closed $443,000 New Conventional
Closed $451,500 New Conventional
Closed $465,000 New Conventional
Previous Owner $404,000 New Conventional
Previous Owner $105,750 No Value Available
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

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Map

Source: MLSListings

MLS Number: ML81464609

MLSListings

APN: 414-08-053