NOT LISTED FOR SALE

3066 Olivewood Place San Jose, CA 95148

Norwood Neighborhood

Estimated Value: $1,857,000 - $1,970,000

3 Beds
2.5 Baths
1,769 Sq Ft
$1,091/Sq Ft Est. Value

Last Sold July 09, 2021

Last sale price $1,630,000 $921 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $12,211/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Solarium
  • Norwood Creek Elementary School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of July 2021

BRIGHT. SPACIOUS. EXCELLENT SCHOOLS. FULLY UPGRADED. GORGEOUS BACKYARD. SOLAR PANELS. NO HOA. Welcome to this stunning home in Evergreen.  This 1980 home is located on a quiet street and walking distance to all 3 excellent schools - Norwood Elem., Quimby Oak Middle, and Evergreen High.  Brand new luxury vinyl flooring, recessed lights, interior and exterior paint, upgraded bathrooms, and an ADDITIONAL 200 sqft (approx.) SUNROOM.  Beautiful and low maintenance backyard for kids to play or entertain your friends and family.  Vaulted ceilings, stainless steel appliances, 220V EV car charger, and a desirable floor plan.  Leased Solar Panels ($130/mo). Must visit this home and you will fall in love with it - Guaranteed!

Last Agent to Sell the Property

Samit Shah

Compass License #01906486 Listed on: 05/31/2021

Compass

Last Buyer's Agent

Atma Dayal

Kiru Real Estate Inc License #01156463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,195

Year Built

  • 1976

Lot Details

  • 7,200 Sq Ft Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • On-Street Parking

Property Views

  • Mountain
  • Hills

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,769 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Solarium
  • Utility Room

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,195

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1-8
  • Subclass: Single Family Home
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 1769
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1769
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Dryer, In Utility Room, Inside, Washer
  • Flooring: Tile, Vinyl / Linoleum
  • Additional Rooms: Solarium, Utility Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Half On Ground Floor, Showers Over Tubs - 2+, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Hills, Mountains
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Car Hookup, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • School District: East Side Union High
  • Elementary School: Norwood Creek Elementary
  • Middle School: Quimby Oak Intermediate
  • High School: Evergreen Valley High
  • High School: 895
  • Elementary School: 109
  • Middle School: 110

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1653
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7202.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7202.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2023
Sold by
Ghosh Goutam and Ghosh Saheli
Bought by
Ghosh Family Trust
Current Estimated Value
$1,929,103

Purchase Details

Listed on
May 31, 2021
Closed on
Jun 29, 2021
Sold by
Reddi Sridhar and Dharmana Radha Lakshmi
Bought by
Ghosh Goutam and Ghosh Saheli
Seller's Agent
Samit Shah
Compass
Buyer's Agent
Atma Dayal
Kiru Real Estate Inc
List Price
$1,398,000
Sold Price
$1,630,000
Premium/Discount to List
$232,000
16.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%
Original Mortgage
$1,260,000
Interest Rate
2.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2021
Sold by
Reddi Sridhar and Dhamana Radha L
Bought by
Reddi Sridhar and Dharmana Radha Lakshmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$814,000
Interest Rate
2.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 2019
Sold by
Reddi Sridhar and Dharmana Radha L
Bought by
Reddi Sridhar and Dharmana Radha Lakshmi

Purchase Details

Closed on
Apr 25, 2006
Sold by
Lopez Alvaro J
Bought by
Reddi Sridhar and Dharmana Radha L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 2006
Sold by
Mcatee Kenneth E
Bought by
Lopez Alvaro J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2005
Sold by
Mcatee Kenneth E
Bought by
Mcatee Kenneth E

Purchase Details

Closed on
Jul 7, 2005
Sold by
Mcatee Kenneth E and Mcatee Junette
Bought by
Mcatee Kenneth E and Mcatee Junette Y H
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ghosh Family Trust -- --
Ghosh Goutam $1,630,000 Chicago Title Company
Reddi Sridhar -- Fidelity National Title
Reddi Sridhar -- Fidelity National Title
Reddi Sridhar -- None Available
Reddi Sridhar $825,000 Commonwealth Land Title
Lopez Alvaro J $730,000 Financial Title Company
Mcatee Kenneth E -- --
Mcatee Kenneth E -- --
Mcatee Kenneth E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ghosh Goutam $1,260,000
Previous Owner Reddi Sridhar $814,000
Previous Owner Reddi Sridhar $822,500
Previous Owner Reddi Sridhar $500,000
Previous Owner Reddi Sridhar $546,000
Previous Owner Reddi Sridhar $550,000
Previous Owner Reddi Sridhar $572,000
Previous Owner Reddi Sridhar $660,000
Previous Owner Lopez Alvaro J $146,000
Previous Owner Lopez Alvaro J $584,000
Previous Owner Mcatee Junette $62,160
Previous Owner Mcatee Kenneth E $73,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2021 07/09/21 Sold $1,630,000 +16.6% $921 / Sq Ft
06/08/2021 06/08/21 Pending -- -- --
05/31/2021 05/31/21 For Sale $1,398,000 -- $790 / 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 $23,195 $1,729,767 $1,210,837 $518,930
2024 $23,195 $1,695,851 $1,187,096 $508,755
2023 $20,596 $1,490,000 $1,043,000 $447,000
2022 $22,717 $1,630,000 $1,141,000 $489,000
2021 $15,104 $1,041,562 $624,939 $416,623
2020 $14,372 $1,030,884 $618,532 $412,352
2019 $14,021 $1,010,671 $606,404 $404,267
2018 $13,906 $990,855 $594,514 $396,341
2017 $13,686 $971,427 $582,857 $388,570
2016 $11,472 $827,000 $496,200 $330,800
2015 $11,018 $790,400 $474,200 $316,200
2014 $10,068 $760,000 $456,000 $304,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81846600

MLSListings

APN: 654-34-007