NOT LISTED FOR SALE

306 Morning Star Dr Unit 35 San Jose, CA 95131

Estimated Value: $813,000 - $1,141,000

2 Beds
2 Baths
1,389 Sq Ft
1,220 Sq Ft Lot

Last Sold September 23, 2014

Last sale price $511,000 $368 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $5,716/month

41 Days on Market

Highlights

  • Unit is on the top floor
  • Primary Bedroom Suite
  • Wood Flooring
  • Independence High School Rated A-
  • Contemporary Architecture
  • Neighborhood Views

About This Home

As of September 2014

TOP FLOOR PENTHOUSE IN PRIME N. VALLEY LOCATION * HUGE LOFT/3rd BEDROOM * LAMINATE FLOORS * SKYLIGHT * 2 PARKING SPACES * A/C * INDOOR LAUNDRY * SKYLIGHT * BALCONY OFF LIVING ROOM * PLENTY OF ATTIC STORAGE * SHUTTERS * CENTRAL LOCATION EASY ACCESS TO 880/680/101. WALK TO RANCH 99 AND RESTAURANTS.HOA INCLUDES WATER/GARBAGE. NEAR FUTURE BART. LOW $263 DUES.

Last Agent to Sell the Property

Tom Tran

The Property Network License #01373920 Listed on: 07/15/2014

Last Buyer's Agent

Grace Tsang

Intero Real Estate Services License #01917245

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,001

Year Built

  • Built in 1997

Lot Details

  • 1,220

Parking

  • Subterranean Parking
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,389 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Window Treatments
  • Open Floorplan
  • Dining Room
  • Neighborhood Views

Kitchen

  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Loft Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Home Security

Additional Features

  • Unit is on the top floor
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 244-36-043

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management fee, reserves, roof, water, common area electricity, exterior painting, garbage, insurance - common area, insurance - liability
  • Pacific Rim Garden Association

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,001

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 17
  • Sale Price Per Sq Ft: 367.89
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1389
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 6
  • Map Top Coordinate: C
  • Thomas Bros Page: 814
  • Thomas Brothers: C6
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven - Built-In
  • Living Sq Ft: 1389
  • Stories: 2
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Loft Bedroom
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Gate / Door Opener, Underground Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 263
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Management Fee, Reserves, Roof, Water, Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: Pacific Rim Garden
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

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

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 244-36-043
  • List Price per Sq Ft: 359.25
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1224.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1224.00
  • Lot Size Area Min Search: 1224.00
  • Maximum Lot Size: 1224.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows, Skylight Tube(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Top Floor or Penthouse

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 30, 2016
Sold by
Cai Zhihua and Shen Yijie
Bought by
Cai Zhihua
Current Estimated Value
$928,339

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,000
Outstanding Balance
$307,049
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$621,290

Purchase Details

Listed on
Jul 15, 2014
Closed on
Sep 16, 2014
Sold by
Do Peter K and Engelage Samantha K
Bought by
Cai Zhihua
Seller's Agent
Tom Tran
The Property Network
Buyer's Agent
Grace Tsang
Intero Real Estate Services
List Price
$518,000
Sold Price
$511,000
Premium/Discount to List
-$7,000
-1.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$408,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 31, 2012
Sold by
Do Peter K and Engelage Samantha K
Bought by
Do Peter K and Engelage Samantha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2007
Sold by
Celeste Roger and Ma Debbie
Bought by
Do Peter K and Engelage Samantha K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$51,000
Interest Rate
6.29%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 17, 2006
Sold by
Celeste Roger and Ma Debbie
Bought by
Celeste Roger and Ma Debbie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$147,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 13, 2003
Sold by
Wachovia Bank Na
Bought by
Ma Debbie and Celeste Roger

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,800
Interest Rate
5.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 15, 2003
Sold by
Ness Arthur W and Khamphilath Bouavone
Bought by
Wachovia Bank Na

Purchase Details

Closed on
Nov 8, 2000
Sold by
Chung Man and Chung Jenyi W
Bought by
Ness Arthur and Khamphilath Bouavone

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$319,110
Interest Rate
9.95%

Purchase Details

Closed on
Dec 8, 1997
Sold by
Pacific Rim Garden Villa Inc
Bought by
Man Chung and Man Jenyi Wang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
7.5%
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
Cai Zhihua -- Lawyers Title Sd
Cai Zhihua $511,000 Chicago Title Company
Do Peter K -- Chicago Title Company
Do Peter K $510,000 First American Title Company
Celeste Roger -- Fidelity National Title
Ma Debbie $351,000 First American Title Co
Wachovia Bank Na $282,450 --
Ness Arthur $399,000 Chicago Title Co
Man Chung $185,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cai Zhihua $391,000
Closed Cai Zhihua $408,000
Previous Owner Do Peter K $408,000
Previous Owner Do Peter K $51,000
Previous Owner Do Peter K $408,000
Previous Owner Celeste Roger $147,000
Previous Owner Celeste Roger $88,000
Previous Owner Celeste Roger $352,000
Previous Owner Celeste Roger $10,000
Previous Owner Ma Debbie $280,800
Previous Owner Ness Arthur $319,110
Previous Owner Man Chung $148,000
Closed Ness Arthur $79,750
Closed Ma Debbie $70,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/23/2014 09/23/14 Sold $511,000 +2.4% $368 / Sq Ft
08/25/2014 08/25/14 Pending -- -- --
08/12/2014 08/12/14 Price Changed $499,000 -3.7% $359 / Sq Ft
07/15/2014 07/15/14 For Sale $518,000 -- $373 / 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 $8,001 $614,132 $307,066 $307,066
2024 $8,001 $602,092 $301,046 $301,046
2023 $7,833 $590,288 $295,144 $295,144
2022 $7,802 $578,714 $289,357 $289,357
2021 $7,685 $567,368 $283,684 $283,684
2020 $7,526 $561,552 $280,776 $280,776
2019 $7,398 $550,542 $275,271 $275,271
2018 $7,322 $539,748 $269,874 $269,874
2017 $7,126 $529,166 $264,583 $264,583
2016 $6,733 $518,792 $259,396 $259,396
2015 $6,683 $511,000 $255,500 $255,500
2014 $7,243 $557,392 $362,305 $195,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81425247

MLSListings

APN: 244-36-043