NOT LISTED FOR SALE

308 Palacio Espada Ct San Jose, CA 95116

Checkers Neighborhood

Estimated Value: $674,000 - $818,000

4 Beds
2.5 Baths
1,474 Sq Ft
$505/Sq Ft Est. Value

Last Sold February 27, 2014

Last sale price $350,000 $237 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $4,499/month

21 Days on Market

Highlights

  • Eat-In Kitchen
  • Bathtub
  • Walk-in Shower
  • Independence High School Rated A-
  • Community Playground
  • Forced Air Heating System

About This Home

As of February 2014

Large 4 bedroom unit with some upgrades. New plumbing, remodeled upstairs bathroom, and kitchen remodelerd 2 years ago. This is a move in ready unit!

Last Agent to Sell the Property

Ana Melo

Golden Bay Properties Inc License #01093542 Listed on: 01/06/2014

Golden Bay Properties Inc

Last Buyer's Agent

Yanjie Dong

Maxreal Property License #01377923

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,102

Year Built

  • Built in 1971

Lot Details

  • 958

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,474 Sq Ft Home
  • 2-Story Property
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub
  • Walk-in Shower

Parking

  • 2 Carport Spaces
  • Off-Street Parking

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 481-51-012

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, roof, common area electricity, exterior painting, fencing, insurance - common area
  • Rancho Verde Association

Recreation

  • Community Playground

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,102

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Subclass: Townhouse
  • Age: 43
  • Sale Price Per Sq Ft: 237.45
  • Listing Class: Residential
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 1474
  • 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: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Living Sq Ft: 1474
  • Stories: 2
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: Off-Street Parking
  • Carport Min: 2

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 225
  • HOA Amenities: Playground
  • Association Fees Include: Landscaping / Gardening, Management Fee, Roof, Common Area Electricity, Exterior Painting, Fencing, 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: 481-51-012
  • List Price per Sq Ft: 237.45
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 966.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 966.00
  • Lot Size Area Min Search: 966.00
  • Maximum Lot Size: 966.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2014
Closed on
Feb 21, 2014
Sold by
Ruiz Ramiro Lopez
Bought by
Zhang Fan and Zuo Jing
Seller's Agent
Ana Melo
Golden Bay Properties Inc
Buyer's Agent
Yanjie Dong
Maxreal Property
List Price
$350,000
Sold Price
$350,000
Current Estimated Value
$744,929

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,929
Avg. Annual Appreciation
6.70%
Original Mortgage
$262,500
Outstanding Balance
$192,775
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$552,154

Purchase Details

Closed on
Oct 15, 2008
Sold by
Mata Bertha Alicia
Bought by
Ruiz Ramiro Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2008
Sold by
Wachovia Mortgage Fsb
Bought by
Ruiz Ramiro Lopez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 8, 2008
Sold by
Marcos Rosauro O
Bought by
Wachovia Mortgage Fsb

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 10, 2008
Sold by
Marcos Rosauro O and Marcos Rosauro O
Bought by
Bank Of America Na

Purchase Details

Closed on
Feb 9, 2005
Sold by
Sanders Melvin G and Sanders Alvina T
Bought by
Marcos Rosauro O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.86%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 1996
Sold by
Freitas Kenneth Roger and Freitas Cleretta C
Bought by
Sanders Melvin G and Sanders Alvina T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,200
Interest Rate
7.1%
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
Zhang Fan $350,000 Fidelity National Title Co
Ruiz Ramiro Lopez -- Fidelity National Title Co
Ruiz Ramiro Lopez $230,000 Fidelity National Title Co
Wachovia Mortgage Fsb $213,200 None Available
Bank Of America Na $275,067 Accommodation
Marcos Rosauro O $400,000 Old Republic Title Company
Sanders Melvin G $119,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Fan $262,500
Previous Owner Ruiz Ramiro Lopez $207,000
Previous Owner Marcos Rosauro O $320,000
Previous Owner Sanders Melvin G $95,200
Closed Sanders Melvin G $11,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/27/2014 02/27/14 Sold $350,000 0.0% $237 / Sq Ft
01/27/2014 01/27/14 Pending -- -- --
01/17/2014 01/17/14 For Sale $350,000 0.0% $237 / Sq Ft
01/15/2014 01/15/14 Pending -- -- --
01/06/2014 01/06/14 For Sale $350,000 -- $237 / 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 $7,102 $429,040 $214,520 $214,520
2024 $7,102 $420,628 $210,314 $210,314
2023 $6,948 $412,382 $206,191 $206,191
2022 $6,817 $404,298 $202,149 $202,149
2021 $6,573 $396,372 $198,186 $198,186
2020 $6,429 $392,308 $196,154 $196,154
2019 $6,247 $384,616 $192,308 $192,308
2018 $6,160 $377,076 $188,538 $188,538
2017 $6,173 $369,684 $184,842 $184,842
2016 $5,828 $362,436 $181,218 $181,218
2015 $5,819 $356,992 $178,496 $178,496
2014 $3,919 $241,608 $120,804 $120,804
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81400333

MLSListings

APN: 481-51-012