NOT LISTED FOR SALE

3122 Promontory Way San Jose, CA 95135

Richmond Ranch Neighborhood

Estimated Value: $2,586,000 - $2,705,000

4 Beds
3.5 Baths
2,400 Sq Ft
$1,095/Sq Ft Est. Value

Last Sold December 30, 2022

Last sale price $2,099,000 $875 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $16,761/month

18 Days on Market

Highlights

  • Spa
  • Contemporary Architecture
  • High Ceiling
  • Silver Oak Elementary School Rated A-
  • Loft
  • Neighborhood Views

About This Home

As of December 2022

Beautiful home located in the Silver Creek Area! Fall in love with the captivating views from every window, openness, high ceilings, and natural light, offers classic design and modern amenities with an open floor plan, chef kitchen with granite countertops, and beautiful cabinetry. The resort-like backyard features a built-in barbecue and is perfect for al fresco dining. Easy commute access near 101, to Silicon Valley, and minutes away from restaurants, and parks, shopping, close enough to the heart of the city but far enough from the chaos. A Must See!

Last Agent to Sell the Property

Laxmi Penupothula

Redfin License #02047105 Listed on: 11/11/2022

Redfin

Last Buyer's Agent

Fadi Shamieh

Sequoia Real Estate License #02024144

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $29,249

Year Built

  • Built in 1997

Lot Details

  • 0.28 Acre Lot
  • Fenced
  • Grass Covered Lot
  • Back Yard
  • Zoning described as A-PD

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Tile Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Formal Dining Room
  • Loft
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Oven or Range
  • Gas Cooktop

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Gazebo
  • Barbecue Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Heating System Uses Gas
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 660-56-035

Home Details

Home Type

Single Family

Est. Annual Taxes

$29,249

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 25
  • Listing Class: Residential
  • Structure Sq Ft: 2400
  • Year Built: 1997
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Hookups - Gas, Oven Range
  • Living Sq Ft: 2400
  • Stories: 2
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Showers over Tubs - 2+, Stall Shower, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Spa / Hot Tub
  • Roof: Shingle, Tile
  • View: Neighborhood
  • Yard/Grounds: Back Yard, BBQ Area, Fenced, Gazebo, Low Maintenance

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 660-56-035
  • Lot Acres: 0.2805
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 12217.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 12217.00

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
Nov 11, 2022
Closed on
Dec 27, 2022
Sold by
Morton Chris and Morton Mhairi
Bought by
Tbeileh Kamal and Tbeileh Rawand
Seller's Agent
Laxmi Penupothula
Redfin
Buyer's Agent
Fadi Shamieh
Sequoia Real Estate
List Price
$2,198,000
Sold Price
$2,099,000
Premium/Discount to List
-$99,000
-4.5%
Views
24
Current Estimated Value
$2,628,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$529,835
Avg. Annual Appreciation
8.83%
Original Mortgage
$1,679,200
Outstanding Balance
$1,629,122
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$999,713

Purchase Details

Closed on
Dec 8, 2006
Sold by
Morton Mhairi and Morton Chris
Bought by
Morton Chris and Morton Mhairi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$899,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
May 10, 2005
Sold by
Morton Chris and Morton Mhairi
Bought by
Morton Chris and Morton Mhairi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 14, 2002
Sold by
Pimpalikhare Mangesh and Pimpalkhare Rajashree
Bought by
Morton Chris and Morton Mhairi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.86%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 16, 1996
Sold by
M J Brock & Sons Inc
Bought by
Pimpalkhare Mangesh and Pimpalkhare Rajashree

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,800
Interest Rate
7.75%
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
Tbeileh Kamal $2,099,000 Fidelity National Title
Morton Chris -- New Century Title Company
Morton Chris -- Financial Title Company
Morton Chris $800,000 First American Title Company
Pimpalkhare Mangesh $411,500 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tbeileh Kamal $1,679,200
Previous Owner Morton Chris $899,000
Previous Owner Morton Chris $68,000
Previous Owner Morton Chris $182,000
Previous Owner Morton Chris $850,000
Previous Owner Morton Chris $750,000
Previous Owner Morton Chris $200,000
Previous Owner Morton Chris $750,000
Previous Owner Morton Chris $100,000
Previous Owner Morton Chris $640,000
Previous Owner Pimpalkhare Mangesh $75,000
Previous Owner Pimpalkhare Mangesh $328,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2022 12/30/22 Sold $2,099,000 0.0% $875 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/23/2022 11/23/22 Price Changed $2,099,000 -4.5% $875 / Sq Ft
11/11/2022 11/11/22 For Sale $2,198,000 -- $916 / 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 $29,249 $2,183,798 $1,201,037 $982,761
2024 $29,249 $2,140,980 $1,177,488 $963,492
2023 $28,835 $2,099,000 $1,154,400 $944,600
2022 $16,043 $1,091,824 $436,726 $655,098
2021 $15,771 $1,070,416 $428,163 $642,253
2020 $15,094 $1,059,441 $423,773 $635,668
2019 $14,703 $1,038,668 $415,464 $623,204
2018 $14,566 $1,018,303 $407,318 $610,985
2017 $14,322 $998,337 $399,332 $599,005
2016 $13,669 $978,762 $391,502 $587,260
2015 $13,502 $964,061 $385,622 $578,439
2014 $12,670 $945,178 $378,069 $567,109
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Laxmi Penupothula

    Redfin

    Section Image
  • Fadi Shamieh

    Buyer's Agent in 2022

    Fadi Shamieh

    Sequoia Real Estate

    (415) 859-0480

    1 in this area

    51 Total Sales

    Fadi Shamieh
    Section Image
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Map

Source: MLSListings

MLS Number: ML81912908

MLSListings

APN: 660-56-035

California Santa Clara County San Jose 95135 Richmond Ranch

3122 Promontory Way, San Jose, CA

This home is located at 3122 Promontory Way, San Jose, CA 95135 since 11 November 2022 and is currently estimated at $2,628,835, approximately $1,095 per square foot. This property was built in 1997. 3122 Promontory Way is a home located in Santa Clara County with nearby schools including Silver Oak Elementary School, Chaboya Middle School, and Silver Creek High School.

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