NOT LISTED FOR SALE

3498 Cherry Ave San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $1,582,000 - $1,716,000

3 Beds
2 Baths
1,324 Sq Ft
$1,249/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $1,570,000 $1,186 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $9,484/month

13 Days on Market

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • Solar owned by a third party
  • Reed Elementary School Rated A-
  • Eat-In Kitchen
  • 3-minute walk to Paul Moore Park

About This Home

As of October 2024

Beautiful, full of light, Completely renovated home, ready for you to move in and enjoy! Recessed lighting, one of a kind laminate floors, roomy dining/kitchen with island; Remodeled bathrooms, built-in BBQ and gazebo in back yard with lots of fruit trees and grapes! Tesla Solar system leased, and much more! A real "Must See"! Conveniently located between Willow Glen and Almaden shoppings and restaurants. Easy access to HW 87 and 85. This is a fabulous opportunity and this won't last....

Last Agent to Sell the Property

Olga Mintz

Intero Real Estate Services License #01382449 Listed on: 09/11/2024

Intero Real Estate Services

Last Buyer's Agent

Zikrullah Q. Mujaddadi

Home Advantage Corp License #01501879

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 6,534 Sq Ft Lot
  • Back and Front Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,324 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Laundry in Garage

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Eco-Friendly Details

  • Solar owned by a third party

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Water Softener is Owned

Listing and Financial Details

  • Assessor Parcel Number 451-13-058

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1324
  • Year Built: 1958
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 1324
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Laminate, Stone, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Fenced Back, Fenced Front

Garage/Parking

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

Utilities

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

Schools

  • High School: 348

Lot Info

  • Parcel Number: 451-13-058
  • Lot Acres: 0.1500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6534.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6534.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities, Solar Panels - Leased

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

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 11, 2024
Closed on
Oct 2, 2024
Sold by
Salmani Albert and Salmani Nineveh
Bought by
Babu Aswath Karthikeyan and Sridharan Sowmya
Seller's Agent
Olga Mintz
Intero Real Estate Services
Buyer's Agent
Zikrullah Q. Mujaddadi
Home Advantage Corp
List Price
$1,450,000
Sold Price
$1,570,000
Premium/Discount to List
$120,000
8.28%
Views
22
Current Estimated Value
$1,654,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,245
Avg. Annual Appreciation
4.31%
Original Mortgage
$1,412,800
Outstanding Balance
$1,395,807
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$258,438

Purchase Details

Closed on
Apr 16, 2007
Sold by
Salmani Nineveh
Bought by
Salmani Albert and Salmani Nineveh

Purchase Details

Closed on
May 10, 2004
Sold by
Mcshane Christopher K and Mcshane Gina M
Bought by
Salmani Nineveh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2004
Sold by
Salmani Albert
Bought by
Salmani Nineveh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,400
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
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
Babu Aswath Karthikeyan $1,570,000 Old Republic Title
Salmani Albert -- None Available
Salmani Nineveh $538,000 Chicago Title
Salmani Nineveh -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Babu Aswath Karthikeyan $1,412,800
Previous Owner Salmani Nineveh $430,400
Closed Salmani Nineveh $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $1,570,000 +8.3% $1,186 / Sq Ft
09/25/2024 09/25/24 Pending -- -- --
09/11/2024 09/11/24 For Sale $1,450,000 -- $1,095 / 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 $10,108 $1,570,000 $1,400,000 $170,000
2024 $10,108 $749,560 $449,669 $299,891
2023 $9,905 $734,863 $440,852 $294,011
2022 $9,818 $720,455 $432,208 $288,247
2021 $9,602 $706,330 $423,734 $282,596
2020 $9,374 $699,089 $419,390 $279,699
2019 $9,167 $685,382 $411,167 $274,215
2018 $9,069 $671,944 $403,105 $268,839
2017 $8,992 $658,769 $395,201 $263,568
2016 $8,815 $645,852 $387,452 $258,400
2015 $8,752 $636,152 $381,633 $254,519
2014 $8,302 $623,692 $374,158 $249,534
Source: Public Records

Agents Affiliated with this Home

  • Olga Mintz

    Seller's Agent in 2024

    Olga Mintz

    Intero Real Estate Services

    (408) 323-8752

    1 in this area

    38 Total Sales

    Olga Mintz
    Section Image

  • Z

    Buyer's Agent in 2024

    Zikrullah Q. Mujaddadi

    Home Advantage Corp

    (510) 795-2200

    1 in this area

    77 Total Sales

    Zikrullah Q. Mujaddadi
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81979923

MLSListings

APN: 451-13-058

California Santa Clara County San Jose 95118 Valley View-Reed

3498 Cherry Ave, San Jose, CA

Not Listed for Sale

Detached

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