NOT LISTED FOR SALE

2869 S Bascom Ave Unit 507 San Jose, CA 95124

Cambrian Neighborhood

Estimated Value: $670,000 - $741,000

2 Beds
2 Baths
841 Sq Ft
$450/mo HOA Fee

Last Sold May 04, 2021

Last sale price $610,000 $725 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,120/month

19 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Bathtub with Shower
  • Branham High School Rated A
  • Subterranean Parking
  • Electric Gate

About This Home

As of May 2021

This Move In Condition Bright & Airy Ground Floor End Unit has 2 Bedrooms & 2 Bathrooms and Is located in the back of the Complex away from Bascom Ave. Remodeled Kitchen with Granite Counters, Stainless Steel Appliances. New Flooring in Kitchen and Living Room. The Living Room has a Fireplace with a beautiful Mantle & Granite Tile Surround, and 1 Mirrored Wall. The Bedrooms are Carpeted and have individual heater units. Remodeled Hall Bathroom. Inside Washer & Dryer. Storage and 2 Parking Spaces Underground. Private Patio for Outdoor Entertaining. Community Pool and Spa. Great opportunity to live in a gated community with easy access to Freeways 880/17 & 280. Close to Downtown Campbell, Los Gatos and the Pruneyard Shopping Center. Must See it appreciate it's Beauty and Charm.

Last Agent to Sell the Property

Al Moridi

Intero Real Estate Services License #00994609 Listed on: 03/12/2021

Intero Real Estate Services

Last Buyer's Agent

Jerry Zhang

Goodview Financial & Real Estate License #02067375

Goodview Financial & Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,526

Year Built

  • 1984

Lot Details

  • 915

HOA Fees

  • $450 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

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

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 2 Carport Spaces
  • Subterranean Parking
  • Garage Door Opener
  • Electric Gate
  • On-Street Parking

Pool

  • Private Pool

Utilities

  • Zoned Heating
  • Wall Furnace

Community Details

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, pool spa or tennis, water / sewer
  • Cedar Terrace HOA

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,526

Year Built

1984

Lot Details

0

HOA Fees

$450 per month

Listing Details

  • Zoning: R-3
  • Subclass: Condominium
  • Age: 37
  • Listing Class: Residential
  • 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: Dining "L", Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Electric, 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: Shower Over Tub - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Pool: Community Facility, Pool - In Ground

Garage/Parking

  • Garage Parking Features: Electric Gate, Gate / Door Opener, On Street, Underground Parking
  • Carport Min: 2

Utilities

  • Heating System: Electric, Individual Room Controls, Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Cedar Terrace
  • HOA Fees: 450
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Cedar Terrace HOA

Schools

  • School District: Campbell Union High

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 28, 2021
Sold by
Azarani Arezou and Ayati Mehrdad
Bought by
Xu Jiayi
Seller's Agent
Al Moridi
Intero Real Estate Services
Buyer's Agent
Jerry Zhang
Goodview Financial & Real Estate
List Price
$599,950
Sold Price
$610,000
Premium/Discount to List
$10,050
1.68%
Current Estimated Value
$710,610

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$100,610
Avg. Annual Appreciation
4.06%
Original Mortgage
$360,000
Outstanding Balance
$328,536
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$390,309

Purchase Details

Closed on
Jul 27, 2015
Sold by
Blomquist Steven and Chu Ann
Bought by
The Azarani Ayati Trust and Ayati Mehrdad

Purchase Details

Closed on
Aug 31, 2006
Sold by
Odell Howard P and Odell Ellen J
Bought by
Blomquist Steven and Chu Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$87,000
Interest Rate
6.51%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 11, 2001
Sold by
Odell Howard P and Odell Ellen J
Bought by
Odell Howard P and Odell Ellen J

Purchase Details

Closed on
Oct 25, 1993
Sold by
Silicon Valley Management Inc
Bought by
Odell Howard P and Odell Ellen J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,100
Interest Rate
6.95%
Mortgage Type
FHA
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
Xu Jiayi $610,000 Chicago Title Company
The Azarani Ayati Trust $505,000 Fidelity National Title Co
Blomquist Steven $430,000 Multiple
Odell Howard P -- --
Odell Howard P $144,500 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xu Jiayi $360,000
Previous Owner Blomquist Steven $87,000
Previous Owner Blomquist Steven $348,000
Previous Owner Odell Howard P $138,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/04/2021 05/04/21 Sold $610,000 +1.7% $725 / Sq Ft
04/01/2021 04/01/21 Pending -- -- --
03/12/2021 03/12/21 For Sale $599,950 -- $713 / 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 $8,526 $647,336 $323,668 $323,668
2023 $8,240 $615,000 $307,500 $307,500
2022 $8,341 $622,200 $311,100 $311,100
2021 $7,575 $552,290 $276,145 $276,145
2020 $7,271 $546,628 $273,314 $273,314
2019 $7,204 $535,910 $267,955 $267,955
2018 $7,015 $525,402 $262,701 $262,701
2017 $6,857 $515,100 $257,550 $257,550
2016 $6,527 $505,000 $252,500 $252,500
2015 $5,856 $447,000 $241,500 $205,500
2014 $4,822 $364,000 $196,600 $167,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81833846

MLSListings

APN: 414-08-041