NOT LISTED FOR SALE

3586 Payne Ave Unit 10 San Jose, CA 95117

Castlemont Neighborhood

Estimated Value: $574,633 - $637,000

2 Beds
1 Bath
910 Sq Ft
871 Sq Ft Lot

Last Sold December 10, 2013

Last sale price $320,000 $352 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $3,804/month

Highlights

  • Water Views
  • Outdoor Pool
  • Stone Countertops
  • George C. Payne Elementary School Rated A-
  • Traditional Architecture
  • Tile Flooring

About This Home

As of April 2022

*Home Sweet Home*Cozy home Located in Moreland School District*Lowest price in Award wining school District*Lots of upgrades*Gorgeous 2 bedroom with 1 full bathroom*Very practical floor plan*Upgraded kitchen*New Neutral paint throughout*Nice carpeting*Central AC and Heating*Dual pane windows*Heated bathroom floor*Upgraded Laminated entry* Relaxing view of pool*Nice Balcony*One Covered Parking with storage*Award wining George Payne Elementary School and Campbell high school district**Close to major Freeways, Santana Row, 280,680,880, and 101. Valley Fair Mall, Restaurants, Shopping* Close to Apple, Google, Intel and Major Silicon Valley Companies*See to believe*

Last Agent to Rent the Property

Rehman R. Farishta

License #01339085 Listed on: 02/28/2022

Last Renter's Agent

OUT OF AREA OUT

OUT OF AREA - NON MEMBER License #88888888

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,477

Year Built

  • Built in 1963

Lot Details

  • 871

Parking

  • 1 Car Garage
  • Carport

Property Views

  • Water
  • Park or Greenbelt

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shingle Roof
  • Stucco

Kitchen

  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Central Air
  • Gravity Heating System
  • 220 Volts in Kitchen
  • Gas Water Heater

Additional Features

  • 1-Story Property
  • Outdoor Pool

Listing and Financial Details

  • Assessor Parcel Number 30513062

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area maintenance, exterior maintenance, hazard insurance, management fee, trash, water/sewer, insurance, ground maintenance, street
  • 14 Units
  • Bay East Association, Phone Number (408) 222-6000
  • W.San Jose Subdivision, Second Floor Floorplan
  • Greenbelt

Recreation

  • Community Pool

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,477

Year Built

Built in 1963

Lot Details

0

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1963
  • Property Sub Type: Condominium
  • Prop. Type: Residential Lease
  • Lot Size Acres: 0.02
  • Subdivision Name: W.SAN JOSE
  • Directions: San Thomas Expway to Payne
  • Architectural Style: Traditional
  • Building Name: Not Listed
  • Carport Y N: Yes
  • Entry Level: 2
  • Garage Yn: No
  • Unit Levels: One Story, Two
  • New Construction: No
  • ResoPropertyType: ResidentialLease
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Carpet
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Gas Water Heater
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Stone Counters, No Additional Rooms
  • Window Features: Window Coverings
  • Room Kitchen Features: 220 Volt Outlet, Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Microwave, Refrigerator

Exterior Features

  • Roof: Shingle
  • Lot Features: Premium Lot
  • Pool Features: Community, Outdoor Pool
  • Pool Private: No
  • View: Greenbelt, Water
  • View: Yes
  • Construction Type: Stucco
  • Exterior Features: Unit Faces Common Area
  • Foundation Details: Slab
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Carport
  • Total Parking Spaces: 1

Utilities

  • Heating: Gravity
  • Utilities: All Public Utilities
  • Cooling: Central Air
  • Laundry Features: Common Area
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Greenbelt
  • Association Fee Frequency: Monthly
  • Association Name: BAY EAST
  • Phone: 408-222-6000
  • Association: Yes
  • Pets Allowed: Upon Approval
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Hazard Insurance, Management Fee, Trash, Water/Sewer, Insurance, Maintenance Grounds, Street

Schools

  • Senior High School District: Campbell Unified School District

Lot Info

  • Zoning: R
  • Lot Size Sq Ft: 1200
  • Parcel Number: 30513062
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 14

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 15, 2013
Closed on
Dec 5, 2013
Sold by
Moore Deborah Y
Bought by
Rawat Sudhir and Vashist Gauri
Seller's Agent
David Martz
Intero Real Estate Services
List Price
$349,950
Sold Price
$320,000
Premium/Discount to List
-$29,950
-8.56%
Current Estimated Value
$606,158

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,158
Avg. Annual Appreciation
5.63%
Original Mortgage
$304,000
Interest Rate
4.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 11, 2010
Sold by
Brown Jennifer and Mallon Jennifer
Bought by
Moore Deborah Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,015
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 9, 2006
Sold by
Jeyaraman Thulasiraman
Bought by
Mallon Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,000
Interest Rate
6.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 22, 2004
Sold by
Jeyaraman Thulasiraman and Jeyaraman Thulasiraman N
Bought by
Jeyaraman Thulasiraman

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,750
Interest Rate
5.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 1998
Sold by
The World Food Bank
Bought by
Jeyaraman Thulasirama N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,725
Interest Rate
7.13%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 10, 1997
Sold by
Hud
Bought by
The World Food Bank

Purchase Details

Closed on
Aug 14, 1997
Sold by
Norwest Mtg Inc
Bought by
Hud

Purchase Details

Closed on
Jun 26, 1997
Sold by
Suez Alejandro O and Suez Eilyn P
Bought by
Norwest Mtg Inc

Purchase Details

Closed on
Dec 22, 1993
Sold by
Suez Alejandro O and Ambler Eilyn P
Bought by
Suez Alejandro O and Suez Eilyn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,150
Interest Rate
7.09%
Mortgage Type
FHA
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
Rawat Sudhir $320,000 First American Title Company
Moore Deborah Y $220,000 Old Republic Title Company
Mallon Jennifer -- Cornerstone Title Company
Jeyaraman Thulasiraman -- Orange Coast Title
Jeyaraman Thulasirama N $125,000 North American Title Co
The World Food Bank $91,500 North American Title Company
Hud -- Fidelity National Title Ins
Norwest Mtg Inc $129,198 Fidelity National Title Ins
Suez Alejandro O -- North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rawat Sudhir $269,100
Closed Rawat Sudhir $300,500
Closed Rawat Sudhir $304,000
Previous Owner Moore Deborah Y $211,948
Previous Owner Moore Deborah Y $216,015
Previous Owner Mallon Jennifer $331,000
Previous Owner Jeyaraman Thulasiraman $98,750
Previous Owner Jeyaraman Thulasirama N $113,800
Previous Owner Jeyaraman Thulasirama N $42,000
Previous Owner Jeyaraman Thulasirama N $121,725
Previous Owner Suez Alejandro O $119,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/04/2025 02/04/25 Off Market $2,500 -- --
04/10/2022 04/10/22 Rented $2,500 0.0% --
03/22/2022 03/22/22 Price Changed $2,500 +4.2% $3 / Sq Ft
03/22/2022 03/22/22 Price Changed $2,399 -4.0% $3 / Sq Ft
03/10/2022 03/10/22 Price Changed $2,499 -3.8% $3 / Sq Ft
02/28/2022 02/28/22 For Rent $2,599 0.0% --
12/10/2013 12/10/13 Sold $320,000 -3.0% $352 / Sq Ft
11/16/2013 11/16/13 Pending -- -- --
10/25/2013 10/25/13 Price Changed $329,950 -3.0% $363 / Sq Ft
10/10/2013 10/10/13 Price Changed $340,000 -2.8% $374 / Sq Ft
09/19/2013 09/19/13 Price Changed $349,950 0.0% $385 / Sq Ft
09/19/2013 09/19/13 For Sale $349,950 +6.0% $385 / Sq Ft
08/30/2013 08/30/13 Pending -- -- --
08/15/2013 08/15/13 For Sale $330,000 -- $363 / Sq Ft
Source: Bay East Association of REALTORS®

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 $5,477 $384,570 $192,285 $192,285
2023 $5,399 $377,030 $188,515 $188,515
2022 $5,333 $369,638 $184,819 $184,819
2021 $5,244 $362,392 $181,196 $181,196
2020 $5,169 $358,678 $179,339 $179,339
2019 $4,999 $351,646 $175,823 $175,823
2018 $4,886 $344,752 $172,376 $172,376
2017 $4,828 $337,994 $168,997 $168,997
2016 $4,546 $331,368 $165,684 $165,684
2015 $4,504 $326,392 $163,196 $163,196
2014 $4,364 $320,000 $160,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40983001

Bay East Association of REALTORS®

APN: 305-13-062