NOT LISTED FOR SALE

Estimated Value: $540,000 - $581,000

1 Bed
1 Bath
650 Sq Ft
$597/mo HOA Fee

Last Sold March 11, 2024

Last sale price $570,000 $877 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,083/month

6 Days on Market

Highlights

  • Private Pool
  • Clubhouse
  • Balcony
  • Lake View
  • Sauna
  • Breakfast Bar

About This Home

As of March 2024

Welcome to 3407 La Terrace Circle, a charming ground-floor condo nestled in the coveted Blossom Valley neighborhood of San Jose. Built in 1985, this 1 bed, 1 bath gem offers the perfect blend of comfort, convenience & tranquility. Step through the front door into your own private sanctuary, where 650SF of thoughtfully designed living space awaits. The cozy atmosphere is immediately inviting, with a fenced-in patio offering a peaceful retreat, where you can relax to the soothing sound of flowing water from the nearby community fountain with an additional storage closet. Inside, enjoy modern elegance with freshly painted walls, new flooring & updated lighting fixtures. From the front door & bedroom window, picturesque views of the nearby lake create a stunning backdrop to everyday life. Residents have access to an array of fantastic community amenities, including a community room, pool & hot tub. With a reasonable HOA fee of $545pm, which includes water & garbage services, worry-free living is guaranteed in this well-maintained community. Conveniently located just across the street from Almaden Lake, outdoor enthusiasts will appreciate easy access to scenic walking trails & water activities. Don't miss out on the opportunity to make 3407 La Terrace Circle your new home sweet home.

Last Agent to Sell the Property

Michael Murphy

Christie's International Real Estate Sereno License #01869087 Listed on: 02/08/2024

Christie's International Real Estate Sereno

Last Buyer's Agent

Boyenga Team

Compass License #70010882

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,398

Year Built

  • Built in 1985

Lot Details

  • Wood Fence
  • Sprinklers on Timer

HOA Fees

  • $597 Monthly HOA Fees

Parking

  • 1 Carport Space

Property Views

  • Lake
  • Neighborhood

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 650 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool
  • Spa
  • Fence Around Pool

Additional Features

  • Balcony
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 694-42-044

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, landscaping / gardening, pool spa or tennis, reserves, roof, water
  • Lake View Terr Homeowners Association
  • Built by Lake View Terrace

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Pool

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,398

Year Built

Built in 1985

Lot Details

0

HOA Fees

$597 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Restrictions
  • Age: 39
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Structure Sq Ft: 650
  • Complex Name: Lake View Terrace
  • Incorporated: Yes
  • Year Built: 1985
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Living Room
  • Kitchen: Cooktop - Electric, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 650
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Laminate, Tile, Vinyl / Linoleum
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced, Spa / Hot Tub
  • Roof: Composition
  • View: Lake, Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced, Sprinklers - Auto
  • Pool: Yes
  • Fencing: Wood
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 597
  • HOA Amenities: Club House, Community Pool, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Pool, Spa, or Tennis, Reserves, Roof, Water
  • H O A Name Text: Lake View Terr Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 694-42-044

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2024
Closed on
Feb 26, 2024
Sold by
Young Laura
Bought by
Saggar Shveta and Kumar Rajneesh
Seller's Agent
Michael Murphy
Christie's International Real Estate Sereno
Buyer's Agent
Boyenga Team
Compass
List Price
$545,000
Sold Price
$570,000
Premium/Discount to List
$25,000
4.59%
Views
31
Current Estimated Value
$554,161

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$15,839
Avg. Annual Appreciation
-1.76%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Maggi Brandon Shane and Maggi Gail Laverne
Bought by
Young Dyanne J

Purchase Details

Closed on
Aug 6, 2003
Sold by
Collins Barbara
Bought by
Maggi Brandon Shane and Maggi Gail Laverne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,750
Interest Rate
5.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2000
Sold by
Zohn Richard K and Zohn Marcie Kelly
Bought by
Collins Barbara

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
8.21%
Mortgage Type
Credit Line Revolving
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
Saggar Shveta $570,000 Old Republic Title
Young Dyanne J $349,000 Alliance Title Company
Maggi Brandon Shane $244,000 First American Title Co
Collins Barbara $187,000 Old Republic Title Company
Collins Barbara H -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Maggi Brandon Shane $187,000
Previous Owner Maggi Brandon Shane $182,750
Previous Owner Collins Barbara $100,000
Previous Owner Collins Barbara $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2024 03/11/24 Sold $570,000 +4.6% $877 / Sq Ft
02/15/2024 02/15/24 Pending -- -- --
02/08/2024 02/08/24 For Sale $545,000 -- $838 / 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 $6,398 $581,400 $290,700 $290,700
2024 $6,398 $499,800 $249,900 $249,900
2023 $6,020 $467,568 $233,784 $233,784
2022 $5,987 $458,400 $229,200 $229,200
2021 $5,877 $449,412 $224,706 $224,706
2020 $5,780 $444,804 $222,402 $222,402
2019 $5,674 $436,084 $218,042 $218,042
2018 $5,625 $427,534 $213,767 $213,767
2017 $5,354 $400,000 $200,000 $200,000
2016 $4,952 $370,000 $185,000 $185,000
2015 $4,284 $313,000 $156,500 $156,500
2014 $4,228 $309,000 $154,500 $154,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81953770

MLSListings

APN: 694-42-044