NOT LISTED FOR SALE

294 Palacio Espada Ct San Jose, CA 95116

Checkers Neighborhood

Estimated Value: $544,000 - $672,000

3 Beds
1 Bath
1,078 Sq Ft
$576/Sq Ft Est. Value

Last Sold December 05, 2012

Last sale price $218,000 $202 Per Sq Ft

Est. 185% increase in value since last sale

Current estimated payment $3,807/month

7 Days on Market

Highlights

  • Eat-In Kitchen
  • Community Playground
  • Dining Room
  • Independence High School Rated A-
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of December 2012

Hard to find, One level 3 beds 1 bath. Well located Close to shopping, medical and 680 freeway.

Last Agent to Sell the Property

Maria Zorrilla

Plaza Real Estate License #01333049 Listed on: 10/10/2012

Plaza Real Estate

Last Buyer's Agent

Mimi Du

Realty World-SVI Group License #01304977

Realty World-SVI Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,084

Year Built

  • Built in 1971

Lot Details

  • 1,481

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,078 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 481-51-019

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, roof, common area electricity, exterior painting, insurance - common area
  • Rancho Verde Association

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,084

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Age: 41
  • Sale Price Per Sq Ft: 202.23
  • Listing Class: Residential
  • Maximum Unit Levels: 1
  • Structure Sq Ft: 1078
  • Barclay Horizontal: 43
  • Barclays Page: 44
  • Incorporated: Yes
  • Map Book Page: 834
  • Map Book Page Secondary: 44
  • Map Side Coordinate: 3
  • Map Side Coordinate Secondary: 71
  • Map Top Coordinate: F
  • Map Top Coordinate Secondary: 43
  • Thomas Bros Page: 834
  • Thomas Brothers: F3
  • Year Built: 1971
  • Zoning Description: RM
  • Special Features: 12
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Living Sq Ft: 1078
  • Stories: 1
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tubs - 1, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Carport Min: 2

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 220
  • HOA Amenities: Playground
  • Association Fees Include: Hot Water, Landscaping / Gardening, Roof, Common Area Electricity, Exterior Painting, Insurance - Common Area
  • H O A Name Text: Rancho Verde
  • Levels In Unit: 1
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 481-51-019
  • List Price per Sq Ft: 176.16
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1476.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1476.00
  • Lot Size Area Min Search: 1476.00
  • Maximum Lot Size: 1476.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2016
Sold by
Pong Chungdee and Pong Ivy Yu Wen Lan
Bought by
Formosa Plus Llc
Current Estimated Value
$620,921

Purchase Details

Closed on
Apr 7, 2013
Sold by
Pong Chungdee and Pong Yu Wenlan
Bought by
Pong Chungdee and Pong Ivy Yu Wen Lan

Purchase Details

Listed on
Oct 10, 2012
Closed on
Nov 30, 2012
Sold by
Gomez Bertha
Bought by
Pong Chung Dee and Pong Yu Wenlan
Seller's Agent
Maria Zorrilla
Plaza Real Estate
Buyer's Agent
Mimi Du
Realty World-SVI Group
List Price
$189,900
Sold Price
$218,000
Premium/Discount to List
$28,100
14.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Closed on
Mar 19, 2008
Sold by
Gomez Bertha and Gomez Juan A
Bought by
Gomez Juan A and Gomez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$334,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 1, 2005
Sold by
Gomez Bertha and Gomez Juan A
Bought by
Gomez Juan A and Gomez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
1.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 2, 2003
Sold by
Gomez Heriberto and Acuna Eudocia
Bought by
Gomez Juan A and Gomez Bertha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 14, 2000
Sold by
Gerardo Mijares and Aracely Denis
Bought by
Gomez Heriberto and Acuna Eudocia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,290
Interest Rate
8.21%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 1, 2000
Sold by
Meza Sergio M
Bought by
Mijares Gerardo and Denis Aracely

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,290
Interest Rate
8.21%
Mortgage Type
FHA
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
Formosa Plus Llc -- None Available
Pong Chungdee -- None Available
Pong Chung Dee $218,000 Fidelity National Title Co
Gomez Juan A $167,000 Financial Title Company
Gomez Juan A $104,000 Alliance Title Company
Gomez Juan A $290,000 Financial Title Company
Gomez Heriberto $208,000 Commonwealth Land Title Co
Mijares Gerardo $27,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gomez Juan A $334,000
Previous Owner Gomez Juan A $311,500
Previous Owner Gomez Juan A $232,000
Previous Owner Gomez Heriberto $205,290
Closed Gomez Juan A $58,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/05/2012 12/05/12 Sold $218,000 +14.8% $202 / Sq Ft
10/17/2012 10/17/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $189,900 -- $176 / 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 $5,084 $268,440 $134,220 $134,220
2024 $5,084 $263,178 $131,589 $131,589
2023 $4,956 $258,018 $129,009 $129,009
2022 $4,864 $252,960 $126,480 $126,480
2021 $4,677 $248,000 $124,000 $124,000
2020 $4,553 $245,458 $122,729 $122,729
2019 $4,417 $240,646 $120,323 $120,323
2018 $4,346 $235,928 $117,964 $117,964
2017 $4,342 $231,302 $115,651 $115,651
2016 $4,103 $226,768 $113,384 $113,384
2015 $4,087 $223,362 $111,681 $111,681
2014 $3,625 $218,988 $109,494 $109,494
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81237231

MLSListings

APN: 481-51-019