NOT LISTED FOR SALE

2861 S Bascom Ave Unit 707 San Jose, CA 95124

Cambrian Neighborhood

Estimated Value: $679,000 - $737,000

2 Beds
2 Baths
841 Sq Ft
$480/mo HOA Fee

Last Sold April 08, 2022

Last sale price $730,000 $868 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,979/month

15 Days on Market

Highlights

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

About This Home

As of April 2022

Beautiful Condo in Highly Desirable San Jose location! This 2 bed/2 bath is perfect for family or roommates. There is a cozy wood-burning fireplace, a gorgeous Kitchen with Granite countertops, Stainless Steel Oven and Dishwasher. Both bathrooms have been updated. You can enjoy the Laminate floors throughout most of the home with tiled kitchen and bathrooms. Private Patio is nice for quiet time outside. The stacked Washer and Dryer is conveniently located inside and included in the sale. There is also an abundance of storage! The Gated Community is well-maintained and beautifully landscaped. Quiet location towards the back of the gated complex near the pool and clubhouse. Two assigned Parking Spaces & Private Storage (approx. 6'x10') in the Secure underground garage. Complex amenities include Pool, Spa & Club House. Centrally located with easy access to Highways 880/17 & 85. Close to Downtown Campbell, Los Gatos, and The Pruneyard. This One is Ready to Go!

Last Agent to Sell the Property

Bangle Cole Group

Compass License #70010215 Listed on: 03/01/2022

Last Buyer's Agent

Mindy Masli

Intero Real Estate Services License #01895159

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,417

Year Built

  • 1984

Lot Details

  • Security Fence
  • Gated Home

HOA Fees

  • $480 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Secured Garage or Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 841 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Open to Family Room
  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

  • Private Pool

Utilities

  • Zoned Heating
  • Vented Exhaust Fan
  • Separate Meters

Community Details

Overview

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

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,417

Year Built

1984

Lot Details

0

HOA Fees

$480 per month

Parking

2

Listing Details

  • Zoning: R-3
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Age: 38
  • Listing Class: Residential
  • Structure Sq Ft: 841
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 841
  • Stories: 1
  • Security: Controlled / Secured Access, Secured Garage / Parking, Security Fence
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers Over Tubs - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Fencing: Fenced, Gate
  • Pool: Community Facility, Pool - Fenced, Pool - Heated, Pool - In Ground, Pool / Spa Combo

Garage/Parking

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

Utilities

  • Heating System: Individual Room Controls
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cedar Terrace
  • HOA Fees: 480
  • HOA Amenities: Club House, Community Pool, Community Security Gate, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Cedar Terrace

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: Individual Electric Meters
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2022
Closed on
Apr 1, 2022
Sold by
Marin Michael V and Marin Elena
Bought by
Leung And Chu Living Trust
Seller's Agent
Bangle Cole Group
Compass
Buyer's Agent
Mindy Masli
Intero Real Estate Services
List Price
$699,000
Sold Price
$730,000
Premium/Discount to List
$31,000
4.43%
Current Estimated Value
$703,366

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,634
Avg. Annual Appreciation
-1.73%
Original Mortgage
$504,000
Outstanding Balance
$476,209
Interest Rate
4.67%
Mortgage Type
New Conventional
Estimated Equity
$211,062

Purchase Details

Closed on
Aug 22, 2019
Sold by
Conom Stavros A and Velarde Raechelle
Bought by
Marin Michael V and Marin Elena Lin

Purchase Details

Closed on
Oct 21, 2013
Sold by
Kashanian Kristina and Ravo Kristina A
Bought by
Conom Stavros A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 4, 2013
Sold by
Ravo Kevin L
Bought by
Ravo Kristina A

Purchase Details

Closed on
Jan 7, 2010
Sold by
Allport Ann E
Bought by
Ravo Kristina A and Ravo Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,322
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2010
Sold by
Ravo Susie Huie
Bought by
Ravo Kevin L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$251,322
Interest Rate
5.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 6, 2002
Sold by
Allport Ann E
Bought by
Allport Ann E

Purchase Details

Closed on
Apr 28, 1994
Sold by
Silicon Valley Management Inc
Bought by
Allport Ann E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,400
Interest Rate
5.25%
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
Leung And Chu Living Trust $730,000 Old Republic Title
Marin Michael V $582,500 Fidelity National Title Co
Conom Stavros A $363,000 Old Republic Title Company
Ravo Kristina A -- None Available
Ravo Kristina A $262,000 Chicago Title Company
Ravo Kevin L -- Chicago Title Company
Allport Ann E -- --
Allport Ann E $151,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung And Chu Living Trust $504,000
Previous Owner Conom Stavros A $257,000
Previous Owner Ravo Kristina A $245,051
Previous Owner Ravo Kristina A $251,322
Previous Owner Allport Ann E $200,000
Previous Owner Allport Ann E $159,250
Previous Owner Allport Anne E $160,000
Previous Owner Allport Ann E $143,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2022 04/08/22 Sold $730,000 +4.4% $868 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/01/2022 03/01/22 For Sale $699,000 -- $831 / 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 $9,417 $774,680 $387,340 $387,340
2024 $9,417 $715,000 $357,500 $357,500
2023 $8,325 $615,000 $307,500 $307,500
2022 $8,160 $600,303 $300,100 $300,203
2021 $8,019 $588,533 $294,216 $294,317
2020 $7,695 $582,500 $291,200 $291,300
2019 $5,480 $398,902 $199,451 $199,451
2018 $5,336 $391,082 $195,541 $195,541
2017 $5,193 $383,414 $191,707 $191,707
2016 $4,941 $375,898 $187,949 $187,949
2015 $4,876 $370,252 $185,126 $185,126
2014 $4,729 $363,000 $181,500 $181,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81880297

MLSListings

APN: 414-08-057