NOT LISTED FOR SALE

297 Palacio Espada Ct San Jose, CA 95116

Checkers Neighborhood

Estimated Value: $623,356 - $711,000

3 Beds
1.5 Baths
1,180 Sq Ft
871 Sq Ft Lot

Last Sold December 16, 2014

Last sale price $355,000 $301 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $4,034/month

43 Days on Market

Highlights

  • End Unit
  • Bathtub
  • Forced Air Heating System
  • Independence High School Rated A-
  • Walk-in Shower
  • Combination Dining and Living Room

About This Home

As of December 2014

This is a perfect home for a family/first time buyer. Updated townhome 3bed & 1.5bath end unit. Very spacious. Easy access to freeways 680/101. Don't miss out on this opportunity. Make this home your own!

Last Agent to Sell the Property

Erika Carrasco

Intero Real Estate Services License #01740048 Listed on: 09/30/2014

Intero Real Estate Services

Last Buyer's Agent

Jesy Turpo

Coldwell Banker Realty License #01384085

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,983

Year Built

  • Built in 1971

Lot Details

  • 871

Parking

  • 2 Carport Spaces

Home Design

  • Composition Roof

Interior Spaces

  • 1,180 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Cooktop

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub
  • Walk-in Shower

Additional Features

  • End Unit
  • Forced Air Heating System

Community Details

  • Property has a Home Owners Association
  • Association fees include water, insurance - common area
  • Rancho Verde Association

Listing and Financial Details

  • Assessor Parcel Number 481-51-007

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,983

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 43
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1180
  • Incorporated: Yes
  • Map Book Page: 834
  • Map Side Coordinate: 3
  • Map Top Coordinate: F
  • Thomas Bros Page: 834
  • Thomas Brothers: F3
  • Year Built: 1971
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Cooktop, Hookups - Gas
  • Living Sq Ft: 1180
  • Stories: 2
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Roof: Composition

Garage/Parking

  • Carport Min: 2

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 245
  • Association Fees Include: Water, Insurance - Common Area
  • H O A Name Text: Rancho Verde
  • Levels In Unit: 2
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 481-51-007
  • List Price per Sq Ft: 304.24
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 851.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 851.00
  • Lot Size Area Min Search: 851.00
  • Maximum Lot Size: 851.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: End Unit

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 15, 2014
Sold by
Bui Kien Thi
Bought by
Taco Angel Hugo Caceres
Seller's Agent
Erika Carrasco
Intero Real Estate Services
Buyer's Agent
Jesy Turpo
Coldwell Banker Realty
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%
Current Estimated Value
$658,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,339
Avg. Annual Appreciation
5.85%
Original Mortgage
$235,000
Outstanding Balance
$173,700
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$484,639

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 5, 2014
Sold by
Rancho Verde Garden Homes Association In
Bought by
Jimenez Jose Manuel
Seller's Agent
Erika Carrasco
Intero Real Estate Services
Buyer's Agent
Jesy Turpo
Coldwell Banker Realty
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$173,700
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$484,639

Purchase Details

Listed on
Sep 30, 2014
Closed on
Dec 1, 2014
Sold by
Jimenez Jose Manuel
Bought by
Taco Angel Hugo Caceres
Seller's Agent
Erika Carrasco
Intero Real Estate Services
Buyer's Agent
Jesy Turpo
Coldwell Banker Realty
List Price
$359,000
Sold Price
$355,000
Premium/Discount to List
-$4,000
-1.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Outstanding Balance
$173,700
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$484,639

Purchase Details

Closed on
Apr 21, 2010
Sold by
Jimenez Jose Manuel
Bought by
Rancho Verde Garden Homes Association In

Purchase Details

Closed on
Dec 13, 2005
Sold by
Marquez Roberto
Bought by
Jimenez Jose Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,500
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 14, 2005
Sold by
Marquez Antonia
Bought by
Marquez Roberto

Purchase Details

Closed on
Feb 24, 1999
Sold by
Roberto Marquez
Bought by
Marquez Roberto and Marquez Antonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.78%
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
Taco Angel Hugo Caceres -- Orange Coast Title Company
Jimenez Jose Manuel $16,000 Orange Coast Title Company
Taco Angel Hugo Caceres $355,000 Orange Coast Title
Rancho Verde Garden Homes Association In $8,054 First American Title
Jimenez Jose Manuel $425,000 Financial Title Company
Marquez Roberto -- --
Marquez Roberto -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Taco Angel Hugo Caceres $235,000
Previous Owner Jimenez Jose Manuel $297,500
Previous Owner Marquez Roberto $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2014 12/16/14 Sold $355,000 -1.1% $301 / Sq Ft
11/12/2014 11/12/14 Pending -- -- --
10/31/2014 10/31/14 For Sale $359,000 0.0% $304 / Sq Ft
10/24/2014 10/24/14 Pending -- -- --
09/30/2014 09/30/14 For Sale $359,000 -- $304 / 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 $6,983 $426,644 $213,322 $213,322
2024 $6,983 $418,280 $209,140 $209,140
2023 $6,828 $410,080 $205,040 $205,040
2022 $6,698 $402,040 $201,020 $201,020
2021 $6,456 $394,158 $197,079 $197,079
2020 $6,312 $390,118 $195,059 $195,059
2019 $6,131 $382,470 $191,235 $191,235
2018 $6,043 $374,972 $187,486 $187,486
2017 $6,053 $367,620 $183,810 $183,810
2016 $5,714 $360,412 $180,206 $180,206
2015 $5,703 $355,000 $177,500 $177,500
2014 $3,242 $189,534 $94,767 $94,767
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81435495

MLSListings

APN: 481-51-007