NOT LISTED FOR SALE

3340 Cherry Ave San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $1,589,000 - $1,719,000

5 Beds
2 Baths
1,595 Sq Ft
$1,049/Sq Ft Est. Value

Last Sold October 29, 2018

Last sale price $1,070,000 $671 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $10,109/month

77 Days on Market

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Separate Family Room
  • Reed Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • 1-minute walk to Paul Moore Park

About This Home

As of October 2018

Elegant Cambrian Home, this home was remodeled and expanded! Gleaming hardwood floors, dual pane windows, copper plumbing and upgraded electrical throughout. Stunning living room with vaulted high ceilings. The kitchen has custom oak cabinetry and stone countertops. The backyard has outdoor Kitchen, slate floor patio and plenty of room to entertain. Conveniently located across the street from Paul Mark Park that offers tennis basketball courts and a baseball field as well and plenty of places to BBQ for family gatherings and feeds into Reed Elementary. Location is everything and just a short drive to Valley Fair, Willow Glen Shops, Santana Row and easy commute to all the high tech giants! This home has been professionally staged.

Last Agent to Sell the Property

Joe Velasco

The Agency New Development, Inc. License #01309200 Listed on: 07/10/2018

The Agency New Development, Inc.

Last Buyer's Agent

Meeko Li

Keller Williams Thrive License #01855766

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 6,003 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,595 Sq Ft Home
  • 2-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 451-12-079

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1595
  • Year Built: 1963
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1595
  • Stories: 2
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • High School: 348

Lot Info

  • Parcel Number: 451-12-079
  • Lot Acres: 0.1378
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6002.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6002.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Reed Elementary
  • High School Text: Pioneer High
  • Middle School Text: John Muir Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2018
Closed on
Oct 25, 2018
Sold by
Azimzadeh Ahmad
Bought by
Lin Xingqiang and Lin Qin
Seller's Agent
Joe Velasco
The Agency New Development, Inc.
Buyer's Agent
Meeko Li
Keller Williams Thrive
List Price
$1,149,888
Sold Price
$1,070,000
Premium/Discount to List
-$79,888
-6.95%
Current Estimated Value
$1,673,564

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,564
Avg. Annual Appreciation
6.42%
Original Mortgage
$695,500
Outstanding Balance
$614,013
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,059,551

Purchase Details

Closed on
Jun 9, 2017
Sold by
Azimzadeh Ahmad
Bought by
Azimzadeh Ahmad

Purchase Details

Closed on
Aug 1, 2006
Sold by
Azimzadeh Ahmad
Bought by
Azimzadeh Ahmad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
6.76%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 31, 2004
Sold by
Ghafarian Laya
Bought by
Azimzadeh Ahmad

Purchase Details

Closed on
Dec 29, 1997
Sold by
Tabrizi Roobik S
Bought by
Azimzadeh Ahmad

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,500
Interest Rate
7.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Xingqiang $1,070,000 North American Title Co Inc
Azimzadeh Ahmad -- None Available
Azimzadeh Ahmad -- None Available
Azimzadeh Ahmad -- United Title Company
Azimzadeh Ahmad -- --
Azimzadeh Ahmad $265,000 Old Republic Title Company
Tabrizi Roobik S -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Xingqiang $695,500
Previous Owner Azimzadeh Ahmad $78,200
Previous Owner Azimzadeh Ahmad $632,000
Previous Owner Azimzadeh Ahmad $238,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2018 10/29/18 Sold $1,070,000 -6.9% $671 / Sq Ft
09/26/2018 09/26/18 Pending -- -- --
08/22/2018 08/22/18 For Sale $1,149,888 0.0% $721 / Sq Ft
08/22/2018 08/22/18 Price Changed $1,149,888 +15.0% $721 / Sq Ft
08/21/2018 08/21/18 Pending -- -- --
08/21/2018 08/21/18 For Sale $999,999 -6.5% $627 / Sq Ft
08/04/2018 08/04/18 Off Market $1,070,000 -- --
07/10/2018 07/10/18 For Sale $999,999 -- $627 / 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 $16,298 $1,193,601 $948,189 $245,412
2024 $16,298 $1,170,198 $929,598 $240,600
2023 $15,974 $1,147,254 $911,371 $235,883
2022 $15,801 $1,124,759 $893,501 $231,258
2021 $15,429 $1,102,706 $875,982 $226,724
2020 $14,547 $1,056,000 $838,800 $217,200
2019 $14,590 $1,070,000 $850,000 $220,000
2018 $6,350 $371,866 $154,357 $217,509
2017 $5,474 $364,576 $151,331 $213,245
2016 $5,319 $357,428 $148,364 $209,064
2015 $5,272 $352,060 $146,136 $205,924
2014 $4,841 $345,165 $143,274 $201,891
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    Joe Velasco

    The Agency New Development, Inc.

    Section Image

  • M

    Buyer's Agent in 2018

    Meeko Li

    Keller Williams Thrive

    Section Image
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Map

Source: MLSListings

MLS Number: ML81713831

MLSListings

APN: 451-12-079

California Santa Clara County San Jose 95118 Valley View-Reed

3340 Cherry Ave, San Jose, CA

Not Listed for Sale

Detached

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