NOT LISTED FOR SALE

331 Raymond Ave San Jose, CA 95128

Burbank Neighborhood

Estimated Value: $927,000 - $1,127,000

2 Beds
2 Baths
1,230 Sq Ft
$809/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $720,000 $585 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,147/month

10 Days on Market

Highlights

  • 2 Car Garage
  • Ceiling Fan
  • 1-Story Property
  • Dining Room

About This Home

As of March 2021

Cute 1 Bedroom House and Legal Separate Cottage above detached garage with separate meters / water, gas, electric...Much potential here... Newer roof on cottage........................... Ample parking for lot size.................... Note: House is 1 bedrm & cottage is a 1 bedrm... Reports are in..........Painted in and out both units....New kitchen & Utility room flooring in front house. Great for 1st time buyer with additional income on rear unit, or savvy investor..

Last Agent to Sell the Property

Scott Morrella

CENTURY 21 Masters License #00575922 Listed on: 02/03/2021

CENTURY 21 Masters

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Year Built

  • 1945

Lot Details

  • 4,060 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,230 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Room
  • Laundry in Garage

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Wall Furnace
  • Separate Meters
  • Individual Gas Meter

Home Details

Home Type

Single Family

Year Built

1945

Lot Details

4,060 Sq Ft Lot

Parking

2

Listing Details

  • Zoning: R1-N2
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1230
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1945

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1230
  • Stories: 1
  • Laundry: In Garage, In Utility Room, Inside
  • Full Bathrooms: 2
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Detached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Lot Info

  • Lot Acres: 0.0932
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4058.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4058.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Second Unit Description: rear Cottage

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2021
Closed on
Feb 23, 2021
Sold by
Faruqui Farah
Bought by
Ahmed Iftikhar
Seller's Agent
Scott Morrella
CENTURY 21 Masters
Buyer's Agent
RECIP
Out of Area Office
List Price
$835,000
Sold Price
$720,000
Premium/Discount to List
-$115,000
-13.77%
Current Estimated Value
$995,490

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$275,490
Avg. Annual Appreciation
6.68%
Original Mortgage
$384,500
Outstanding Balance
$343,893
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$651,597

Purchase Details

Closed on
Mar 17, 2020
Sold by
Fontaine Donald R and Fontaine Maria Teresa
Bought by
Fontaine Donald R and Fontaine Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2017
Sold by
Fontaine Donald and Fontaine Teresa
Bought by
Fontaine Donald R and Fontaine Teresa

Purchase Details

Closed on
Apr 3, 1997
Sold by
John Ferrante and John Ione J
Bought by
Fontaine Donald and Fontaine Teresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$34,200
Interest Rate
11.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ahmed Iftikhar -- Stewart Title
Ahmed Iftikhar $720,000 Stewart Title
Fontaine Donald R -- Accommodation
Fontaine Donald R -- Timios Title
Fontaine Donald R -- None Available
Fontaine Donald $170,000 All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ahmed Iftikhar $384,500
Previous Owner Fontaine Donald R $277,000
Previous Owner Fontaine Donald $34,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/08/2021 03/08/21 Sold $720,000 -13.8% $585 / Sq Ft
02/14/2021 02/14/21 Pending -- -- --
02/03/2021 02/03/21 For Sale $835,000 -- $679 / Sq Ft
Source: MLSListings

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 $12,284 $779,348 $649,458 $129,890
2024 $12,284 $764,068 $636,724 $127,344
2023 $12,103 $749,088 $624,240 $124,848
2022 $12,084 $734,400 $612,000 $122,400
2021 $5,901 $255,765 $142,930 $112,835
2020 $5,845 $253,144 $141,465 $111,679
2019 $5,558 $248,182 $138,692 $109,490
2018 $5,055 $243,317 $135,973 $107,344
2017 $4,781 $238,547 $133,307 $105,240
2016 $4,434 $233,871 $130,694 $103,177
2015 $4,256 $230,359 $128,731 $101,628
2014 $3,975 $225,848 $126,210 $99,638
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Scott Morrella

    CENTURY 21 Masters

    Section Image

  • R

    Buyer's Agent in 2021

    RECIP

    Out of Area Office

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Map

Source: MLSListings

MLS Number: ML81828297

MLSListings

APN: 277-08-035

California Santa Clara County San Jose 95128 Burbank

331 Raymond Ave, San Jose, CA

Not Listed for Sale

Detached

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