NOT LISTED FOR SALE

2948 Betsy Way San Jose, CA 95133

Penitencia Neighborhood

Estimated Value: $1,343,000 - $1,493,000

5 Beds
3 Baths
1,808 Sq Ft
$784/Sq Ft Est. Value

Last Sold July 12, 2013

Last sale price $615,000 $340 Per Sq Ft

Est. 143% increase in value since last sale

Current estimated payment $9,109/month

17 Days on Market

Highlights

  • Primary Bedroom Suite
  • Hydromassage or Jetted Bathtub
  • Gazebo
  • Living Room with Fireplace
  • Breakfast Area or Nook
  • Formal Dining Room

About This Home

As of July 2013

Remodeled 5 bed, 3 bath North Valley home features a spacious sunroom with vaulted ceiling; Formal dining room with Pergo floor; Inviting living room with marble fireplace and marble front entry; Upgraded baths with granite countertops; New tankless water heater; Many Fruit Trees surrounding the house. Truly a must see!

Last Agent to Sell the Property

Homer Yau

Alliance Bay Realty License #01777999 Listed on: 03/29/2013

Last Buyer's Agent

Homer Yau

Alliance Bay Realty License #01777999 Listed on: 03/29/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,315

Year Built

  • Built in 1945

Lot Details

  • 4,966

Parking

  • 1 Car Garage

Home Design

  • Shake Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,808 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Formal Dining Room

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Utilities

  • Central Air
  • Floor Furnace
  • Tankless Water Heater
  • Sewer Within 50 Feet

Additional Features

  • Gazebo
  • Zoning described as R1-8

Listing and Financial Details

  • Assessor Parcel Number 592-14-038

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,315

Year Built

Built in 1945

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 68
  • Sale Price Per Sq Ft: 340.15
  • Listing Class: Residential
  • Structure Sq Ft: 1808
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 7
  • Map Top Coordinate: G
  • Thomas Bros Page: 814
  • Thomas Brothers: G7
  • Year Built: 1945
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, Garbage Disposal, Oven Range
  • Living Sq Ft: 1808
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: 220 Volt Outlet
  • Flooring: Carpet - Area, Tile, Laminate
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 5
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Tubs - 2+, Stall Shower, Tub in Primary Bedroom, Tub with Jets

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Gazebo
  • Exterior: Siding - Vinyl

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Gas - Natural, Floor Furnace
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s)

Schools

  • School District: East Side Union High
  • Elementary School: Ben Painter Elementary
  • Middle School: Sheppard
  • Elementary School: 18
  • Middle School: 23

Lot Info

  • Parcel Number: 592-14-038
  • List Price per Sq Ft: 347.79
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4968.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4968.00
  • Lot Size Area Min Search: 4968.00
  • Maximum Lot Size: 4968.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Ben Painter Elementary
  • Middle School Text: Sheppard

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 26, 2020
Sold by
Lee Eric Sumwai and Wu Minmin
Bought by
Lee Eric Sumwai and Wu Minmin
Current Estimated Value
$1,491,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Outstanding Balance
$392,615
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,091,848

Purchase Details

Closed on
Nov 7, 2019
Sold by
Wu Minmin and Lee Eric Sumwai
Bought by
Lee Eric Sumwai and Wu Minmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 7, 2017
Sold by
Lee Eric Sumwai and Wu Minmin
Bought by
Lee Eric Sumwai and Wu Minmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,200
Interest Rate
3.96%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Listed on
Mar 29, 2013
Closed on
Jul 9, 2013
Sold by
Huang Manning
Bought by
Lee Eric Sumwai and Wu Minmin
Seller's Agent
Homer Yau
Alliance Bay Realty
Buyer's Agent
Homer Yau
Alliance Bay Realty
List Price
$628,800
Sold Price
$615,000
Premium/Discount to List
-$13,800
-2.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$492,000
Interest Rate
3.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 20, 2009
Sold by
Aurora Loan Services Llc
Bought by
Huang Manning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,400
Interest Rate
4.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 22, 2008
Sold by
Martinez Maria P
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Aug 23, 2006
Sold by
Hernandez Enrique
Bought by
Martinez Maria P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
6.67%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 25, 2004
Sold by
Oliva Victor Garcia and Oliva Teresita Sanches
Bought by
Hernandez Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage
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
Lee Eric Sumwai -- None Available
Lee Eric Sumwai -- Wfg National Title Ins Co
Lee Eric Sumwai -- None Available
Wu Minmin -- Timios Title A Ca Corp
Lee Eric Sumwai -- None Available
Lee Eric Sumwai -- None Available
Lee Eric Sumwai $615,000 Chicago Title Company
Huang Manning $388,000 First American Title Company
Aurora Loan Services Llc $428,554 None Available
Martinez Maria P $750,000 Old Republic Title Company
Hernandez Enrique $580,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lee Eric Sumwai $436,000
Closed Lee Eric Sumwai $439,000
Closed Wu Minmin $441,000
Closed Lee Eric Sumwai $190,200
Closed Lee Eric Sumwai $470,000
Closed Lee Eric Sumwai $492,000
Previous Owner Huang Manning $310,400
Previous Owner Martinez Maria P $75,000
Previous Owner Martinez Maria P $600,000
Previous Owner Hernandez Enrique $464,000
Previous Owner Oliva Victor Garcia $275,000
Previous Owner Oliva Victor Garcia $190,000
Closed Hernandez Enrique $116,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2013 07/12/13 Sold $615,000 0.0% $340 / Sq Ft
06/24/2013 06/24/13 Pending -- -- --
06/16/2013 06/16/13 Off Market $615,000 -- --
06/07/2013 06/07/13 For Sale $628,800 -- $348 / 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 $11,315 $753,893 $398,399 $355,494
2024 $11,315 $739,112 $390,588 $348,524
2023 $11,101 $724,621 $382,930 $341,691
2022 $10,788 $710,414 $375,422 $334,992
2021 $10,513 $696,485 $368,061 $328,424
2020 $10,325 $689,344 $364,287 $325,057
2019 $9,958 $675,829 $357,145 $318,684
2018 $9,833 $662,579 $350,143 $312,436
2017 $9,877 $649,588 $343,278 $306,310
2016 $9,320 $636,852 $336,548 $300,304
2015 $9,323 $627,287 $331,493 $295,794
2014 $8,712 $615,000 $325,000 $290,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2013

    Homer Yau

    Alliance Bay Realty

See All Agents

Map

Source: MLSListings

MLS Number: ML81320193

MLSListings

APN: 592-14-038

California Santa Clara County San Jose 95133 Penitencia

2948 Betsy Way, San Jose, CA

This home is located at 2948 Betsy Way, San Jose, CA 95133 since 29 March 2013 and is currently estimated at $1,416,666, approximately $783 per square foot. This property was built in 1945. 2948 Betsy Way is a home located in Santa Clara County with nearby schools including Ben Painter Elementary School, William Sheppard Middle School, and James Lick High School.

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