NOT LISTED FOR SALE

2871 S Bascom Ave Unit 405 San Jose, CA 95124

Cambrian Neighborhood

Estimated Value: $660,000 - $846,000

2 Beds
2 Baths
841 Sq Ft
902 Sq Ft Lot

Last Sold January 29, 2022

Last sale price $750,000 $892 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,556/month

About This Home

As of January 2022

Sold by Erfan Modir, Intero Real Estate. This was an off market sale.

Last Agent to Sell the Property

Erfan Modir

Intero Real Estate Services License #02046187 Listed on: 01/29/2022

Intero Real Estate Services

Last Buyer's Agent

Mary Ann Wallace

Compass License #01252067

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,417

Year Built

  • 1984

Lot Details

  • 902

Parking

  • Assigned Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • Property has a Home Owners Association
  • Cedar Terrace Association

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,417

Year Built

1984

Lot Details

0

Listing Details

  • Zoning: R-3
  • Subclass: Condominium
  • 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
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 841
  • Stories: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Grid
  • Roof: Tile

Garage/Parking

  • Garage Parking Features: Assigned Spaces

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 455
  • HOA Exist: Yes
  • H O A Name Text: cedar terrace

Lot Info

  • Lot Acres: 0.0207
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 901.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 901.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Jan 25, 2022
Sold by
2020 Melody Rahbar Living Trust
Bought by
Buca Living Trust
Seller's Agent
Erfan Modir
Intero Real Estate Services
Buyer's Agent
Mary Ann Wallace
Compass
List Price
$699,000
Sold Price
$750,000
Premium/Discount to List
$51,000
7.3%
Current Estimated Value
$720,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$29,477
Avg. Annual Appreciation
-1.06%

Purchase Details

Closed on
Jul 15, 2020
Sold by
Rahbar Melody
Bought by
Rahbar Melody and 2020 Melody Rahbar Living Trus

Purchase Details

Closed on
Apr 27, 2018
Sold by
Avaios Marie
Bought by
Rahbar Melody

Purchase Details

Closed on
Aug 2, 2005
Sold by
Avalos Marie and Avalos Bartolo
Bought by
Avalos Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Interest Rate
5.64%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 24, 2005
Sold by
Avalos Bartolo and Avalos Luz
Bought by
Avalos Luzmarie A and Avalos Bartolo

Purchase Details

Closed on
Jan 8, 2004
Sold by
Hebert Daniel T
Bought by
Avalos Bartolo and Avalos Luz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,800
Interest Rate
6.45%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1993
Sold by
Silicon Valley Management Inc
Bought by
Hebert Daniel T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,780
Interest Rate
6.91%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Buca Living Trust $750,000 Old Republic Title
Rahbar Melody -- None Available
Rahbar Melody $470,000 Old Republic Title Co
Avalos Marie -- Equity Title Co
Avalos Luzmarie A -- Ticor Title Company Of Ca
Avalos Bartolo $318,500 Alliance Title Company
Hebert Daniel T $139,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Avalos Marie $339,200
Previous Owner Avalos Bartolo $254,800
Previous Owner Hebert Daniel T $141,780
Closed Avalos Bartolo $63,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/29/2022 01/29/22 Sold $750,000 +7.3% $892 / Sq Ft
01/29/2022 01/29/22 Pending -- -- --
01/29/2022 01/29/22 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 $795,906 $397,953 $397,953
2024 $9,417 $715,000 $357,500 $357,500
2023 $8,325 $615,000 $307,500 $307,500
2022 $6,987 $503,932 $251,966 $251,966
2021 $6,862 $494,052 $247,026 $247,026
2020 $6,588 $488,988 $244,494 $244,494
2019 $6,527 $479,400 $239,700 $239,700
2018 $5,414 $397,665 $218,670 $178,995
2017 $5,271 $389,869 $214,383 $175,486
2016 $5,015 $382,226 $210,180 $172,046
2015 $4,949 $376,485 $207,023 $169,462
2014 $4,740 $364,000 $200,200 $163,800
Source: Public Records

Agents Affiliated with this Home

  • Erfan Modir

    Seller's Agent in 2022

    Erfan Modir

    Intero Real Estate Services

    (408) 772-1275

    26 in this area

    258 Total Sales

    Erfan Modir
    Section Image

  • M

    Buyer's Agent in 2022

    Mary Ann Wallace

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81876247

MLSListings

APN: 414-08-031

California Santa Clara County San Jose 95008 Cambrian

2871 S Bascom Ave Unit 405, San Jose, CA

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