NOT LISTED FOR SALE

298 Palacio Espada Ct San Jose, CA 95116

Checkers Neighborhood

Estimated Value: $644,471 - $796,000

3 Beds
1.5 Baths
1,180 Sq Ft
$599/Sq Ft Est. Value

Last Sold August 26, 2016

Last sale price $477,000 $404 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,428/month

9 Days on Market

Highlights

  • Open to Family Room
  • Tile Flooring
  • Forced Air Heating System
  • Independence High School Rated A-

About This Home

As of August 2016

well maintained two story town home in Rancho Verde area. New engineered wood floor in stairway and upstairs, tile down stairs. Kitchen remodeled three yrs ago. Two carports outside small private back yard. Half bath down stairs, inside laundry. Dual pane windows and sliding door. Ideal for first time home buyer or investors. HOA due $230.

Last Agent to Sell the Property

Yanjie Dong

Keller Williams Palo Alto License #01377923 Listed on: 07/17/2016

Keller Williams Palo Alto

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,668

Year Built

  • Built in 1971

Lot Details

  • 871 Sq Ft Lot

Parking

  • 2 Carport Spaces

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,180 Sq Ft Home
  • 2-Story Property
  • Open to Family Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, roof
  • Rancho Verde Garden HOA
  • Built by Rancho Verde Garden HOA

Listing and Financial Details

  • Assessor Parcel Number 481-51-017

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,668

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 1180
  • Complex Name: Rancho Verde Garden HOA
  • Year Built: 1971
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining "L"
  • Living Sq Ft: 1180
  • Stories: 2
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Block
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

  • Heating System: Central Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 230
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Roof
  • H O A Name Text: Rancho Verde Garden HOA
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 481-51-017
  • Lot Acres: 0.0200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 851.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 851.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 17, 2016
Closed on
Aug 29, 2016
Sold by
Svre Realty Inc and Dong Yanjie
Bought by
Chen Wei Hsiang and Lee Peiling
Seller's Agent
Yanjie Dong
Keller Williams Palo Alto
Buyer's Agent
Yanjie Dong
S V R E Realty
List Price
$485,000
Sold Price
$477,000
Premium/Discount to List
-$8,000
-1.65%
Current Estimated Value
$706,618

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,618
Avg. Annual Appreciation
4.37%
Original Mortgage
$322,500
Outstanding Balance
$258,014
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$448,604

Purchase Details

Closed on
Jun 6, 2011
Sold by
Martinez Patricia and Martinez Theresa
Bought by
Svre Realty Inc Defined Benefit Plan and Dong Yanjie

Purchase Details

Closed on
May 9, 2008
Sold by
Martinez Vicente
Bought by
Martinez Patricia

Purchase Details

Closed on
Jan 31, 2007
Sold by
Martinez Teresa and Martinez Patricia
Bought by
Martinez Vicente

Purchase Details

Closed on
Jul 23, 2003
Sold by
Martinez Teresa
Bought by
Martinez Teresa and Martinez Patricia

Purchase Details

Closed on
Aug 8, 2001
Sold by
Martinez Jose Martin and Smith Rosa Martinez
Bought by
Martinez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
8.87%

Purchase Details

Closed on
Aug 7, 2001
Sold by
Reyes Jesus Alberto Gurrola
Bought by
Martinez Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$243,000
Interest Rate
8.87%

Purchase Details

Closed on
Sep 16, 1998
Sold by
Smith Marcelo
Bought by
Smith Rosa Martinez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,172
Interest Rate
6.88%
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
Chen Wei Hsiang $477,000 Old Republic Title Company
Svre Realty Inc Defined Benefit Plan $150,000 None Available
Martinez Patricia -- None Available
Martinez Vicente $380,000 None Available
Martinez Teresa $152,500 Ticor Title Company
Martinez Teresa $270,000 Fidelity National Title Co
Martinez Teresa -- Fidelity National Title Co
Smith Rosa Martinez -- Financial Title Company
Martinez Jose Martin -- Financial Title Company
Martinez Jose Martin $145,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Wei Hsiang $322,500
Previous Owner Martinez Teresa $243,000
Previous Owner Martinez Jose Martin $144,172
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/26/2016 08/26/16 Sold $477,000 -1.6% $404 / Sq Ft
07/27/2016 07/27/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $485,000 -- $411 / 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 $8,668 $553,592 $276,796 $276,796
2024 $8,668 $542,738 $271,369 $271,369
2023 $8,492 $532,098 $266,049 $266,049
2022 $8,332 $521,666 $260,833 $260,833
2021 $8,044 $511,438 $255,719 $255,719
2020 $7,884 $506,194 $253,097 $253,097
2019 $7,666 $496,270 $248,135 $248,135
2018 $7,566 $486,540 $243,270 $243,270
2017 $7,593 $477,000 $238,500 $238,500
2016 $3,628 $189,394 $94,697 $94,697
2015 $3,610 $186,550 $93,275 $93,275
2014 $3,156 $182,896 $91,448 $91,448
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2016

    Yanjie Dong

    Keller Williams Palo Alto

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Map

Source: MLSListings

MLS Number: ML81595634

MLSListings

APN: 481-51-017

California Santa Clara County San Jose 95116 Checkers

298 Palacio Espada Ct, San Jose, CA

This home is located at 298 Palacio Espada Ct, San Jose, CA 95116 since 17 July 2016 and is currently estimated at $706,618, approximately $598 per square foot. This property was built in 1971. 298 Palacio Espada Ct is a home located in Santa Clara County with nearby schools including San Antonio Elementary School, Independence High School, and Rocketship Fuerza Community Prep.

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