NOT LISTED FOR SALE

3586 Payne Ave Unit 1 San Jose, CA 95117

Castlemont Neighborhood

Estimated Value: $667,000 - $830,000

3 Beds
2 Baths
1,032 Sq Ft
$381/mo HOA Fee

Last Sold September 29, 2022

Last sale price $655,000 $635 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,223/month

Highlights

  • Private Pool
  • End Unit
  • Balcony
  • George C. Payne Elementary School Rated A-
  • Quartz Countertops
  • Double Pane Windows

About This Home

As of September 2022

Welcome home to Stonegate Villas, centrally located in West San Jose near downtown Campbell. This first floor, corner 3 bedroom 2 bath condo has been updated and is move-in ready! Featuring laminate flooring in kitchen, dining, living room, hall and bedrooms and new luxury vinyl tile in bathrooms. Bathroom upgrades include: new vanities, faucets, hardware, mirrors, light fixtures, and epoxied tub and shower enclosure in primary. Kitchen is bright and features a window overlooking the pool, white cabinets and quartz countertop. Fresh paint throughout, new black hardware on all doors, and updated light fixtures. This inviting floor plan offers great air flow, and has a spacious low-maintenance and private backyard w/extra storage shed and bonus storage in assigned carport space. Community offers common area laundry room and two swimming pools. HOA covers water, sewer, trash, exterior and common area maintenance.

Last Listed By

Nicki Banucci

Compass License #01405054 Listed on: 09/02/2022

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,061

Year Built

  • 1963

Lot Details

  • End Unit
  • Back Yard Fenced
  • Grass Covered Lot

HOA Fees

  • $381 Monthly HOA Fees

Home Design

  • Composition Roof

Interior Spaces

  • 1,032 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Area
  • Crawl Space

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Quartz Countertops
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 1 Parking Space
  • 1 Carport Space
  • On-Street Parking
  • Assigned Parking

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Private Pool
  • Balcony
  • Shed

Utilities

  • Forced Air Heating System
  • Separate Meters

Community Details

Overview

  • Association fees include common area electricity, common area gas, fencing, insurance - common area, maintenance - common area, management fee, pool spa or tennis, reserves, roof, water / sewer
  • 70 Units
  • Stonegate Villas Association
  • The community has rules related to parking rules
  • Rental Restrictions

Amenities

  • Courtyard
  • Laundry Facilities

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,061

Year Built

1963

Lot Details

0

HOA Fees

$381 per month

Listing Details

  • Zoning: R3H
  • Subclass: Condominium
  • Restrictions: Park Rental Restrictions, Parking Restrictions, Pets - Allowed, Pets - Number Restrictions, Pets - Rules
  • Age: 59
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Min Numberof Unitsin Complex: 70
  • Structure Sq Ft: 1032
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1963

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Quartz, Countertop - Tile, Garbage Disposal, Hood Over Range, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1032
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor
  • Laundry: Community Facility
  • Flooring: Laminate, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor, Primary - Stall Shower(s), Shower And Tub, Updated Bath

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Yes
  • Roof: Composition
  • Yard/Grounds: Balcony / Patio, Courtyard, Low Maintenance, Storage Shed / Structure
  • Fencing: Fenced Back
  • Pool: Community Facility, Heated - Solar, Pool - In Ground

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Carport, On Street, Parking Restrictions
  • Carport Min: 1

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Stonegate Villas
  • HOA Fees: 381
  • HOA Amenities: Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Fencing, Insurance - Common Area, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Stonegate Villas

Schools

  • School District: Campbell Union High
  • Elementary School: George C. Payne Elementary
  • Middle School: Moreland Middle
  • High School: Prospect High
  • High School: 241
  • Elementary School: 158
  • Middle School: 35652

Green Features

  • Energy Features: Double Pane Windows, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: End Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 2, 2022
Closed on
Sep 8, 2022
Sold by
2004 Penrose Family Trust
Bought by
Sarvin Holdings Llc
Seller's Agent
Nicki Banucci
Compass
Buyer's Agent
Suzanne Robinson
Realty At Work
List Price
$650,000
Sold Price
$655,000
Premium/Discount to List
$5,000
0.77%
Current Estimated Value
$733,534

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,534
Avg. Annual Appreciation
4.38%
Original Mortgage
$327,500
Outstanding Balance
$313,110
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$420,424

Purchase Details

Closed on
Jun 24, 2004
Sold by
Penrose Richard H and Penrose Gloria A
Bought by
Penrose Richard H and Penrose Gloria A

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
Sarvin Holdings Llc $655,000 First American Title
Penrose Richard H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sarvin Holdings Llc $327,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2022 09/29/22 Sold $655,000 +0.8% $635 / Sq Ft
09/02/2022 09/02/22 Pending -- -- --
09/02/2022 09/02/22 For Sale $650,000 -- $630 / 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
2024 $9,061 $668,100 $334,050 $334,050
2023 $8,952 $655,000 $327,500 $327,500
2022 $1,369 $46,306 $19,999 $26,307
2021 $1,329 $45,399 $19,607 $25,792
2020 $1,317 $44,934 $19,406 $25,528
2019 $1,285 $44,054 $19,026 $25,028
2018 $1,261 $43,191 $18,653 $24,538
2017 $1,244 $42,345 $18,288 $24,057
2016 $1,139 $41,516 $17,930 $23,586
2015 $1,119 $40,893 $17,661 $23,232
2014 $1,046 $40,093 $17,316 $22,777
Source: Public Records

Agents Affiliated with this Home

  • Nicki Banucci

    Seller's Agent in 2022

    Nicki Banucci

    Compass

    (408) 515-7247

    3 in this area

    112 Total Sales

    Section Image
  • Suzanne Robinson

    Buyer's Agent in 2022

    Suzanne Robinson

    Realty At Work

    (800) 957-2898

    1 in this area

    23 Total Sales

    Suzanne Robinson
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81906009

MLSListings

APN: 305-13-057

California Santa Clara County San Jose 95117 Castlemont

3586 Payne Ave Unit 1, San Jose, CA

Homes for Sale in San Jose, CA

This home is located at 3586 Payne Ave Unit 1, San Jose, CA 95117 since 02 September 2022 and is currently estimated at $733,534, approximately $710 per square foot. This property was built in 1963. 3586 Payne Ave Unit 1 is a home located in Santa Clara County with nearby schools including George C. Payne Elementary School, Moreland Middle School, and Prospect High School.

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