NOT LISTED FOR SALE

3868 Marks Ave Unit 3 San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $1,534,000 - $1,656,000

3 Beds
2 Baths
1,280 Sq Ft
$1,232/Sq Ft Est. Value

Last Sold October 05, 2012

Last sale price $535,000 $418 Per Sq Ft

Est. 199% increase in value since last sale

Current estimated payment $9,585/month

22 Days on Market

Highlights

  • Living Room with Fireplace
  • Traditional Architecture
  • Forced Air Heating and Cooling System
  • Reed Elementary School Rated A-
  • Wood Flooring
  • Walk-in Shower

About This Home

As of October 2012

Short Sale. HOME IN Quiet Neighbour AREA. CONVENIENT LOCATION, CLOSE TO PAUL MOORE PARK. New marble FP. Many Fruit trees in back yard. Due to short sale the processing time may be delayed. SOLD.

Last Agent to Sell the Property

Sean Park

Spark Realty License #01107739 Listed on: 06/20/2012

Spark Realty

Last Buyer's Agent

Maggy Hyun

Intero Real Estate Services License #01341033

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,999

Year Built

  • Built in 1959

Lot Details

  • Level Lot
  • Zoning described as R18

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Shake Roof

Interior Spaces

  • 1,280 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Open Floorplan
  • Dining Room
  • Gas Dryer Hookup

Kitchen

  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 451-19-028

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,999

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Age: 53
  • Sale Price Per Sq Ft: 417.97
  • Listing Class: Residential
  • Structure Sq Ft: 1280
  • Barclay Horizontal: 39
  • Barclays Page: 77
  • Incorporated: Yes
  • Map Book Page: 874
  • Map Book Page Secondary: 77
  • Map Side Coordinate: 2
  • Map Side Coordinate Secondary: 57
  • Map Top Coordinate: B
  • Map Top Coordinate Secondary: 39
  • Thomas Bros Page: 874
  • Thomas Brothers: B2
  • Year Built: 1959
  • Zoning Description: R18
  • Special Features: 12
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, No Informal Dining Room
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, 220 Volt Outlet
  • Living Sq Ft: 1280
  • Stories: 1
  • Laundry: Gas Hookup, 220 Volt Outlet
  • Flooring: Tile, Hardwood
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Shake
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s)

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s)

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 451-19-028
  • List Price per Sq Ft: 421.88
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6325.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6325.00
  • Lot Size Area Min Search: 6325.00
  • Maximum Lot Size: 6325.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 16, 2013
Sold by
Kang Sunggu and Kang Eunil
Bought by
Joy House Llc
Current Estimated Value
$1,599,700

Purchase Details

Listed on
Jun 20, 2012
Closed on
Sep 10, 2012
Sold by
Lee In Bum and Lee Jae Chen
Bought by
Kang Sunggu and Kang Eunil
Seller's Agent
Sean Park
Spark Realty
Buyer's Agent
Maggy Hyun
Intero Real Estate Services
List Price
$540,000
Sold Price
$535,000
Premium/Discount to List
-$5,000
-0.93%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.93%
Original Mortgage
$400,000
Interest Rate
3.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 30, 2011
Sold by
Lee Bun and Lee Jae Chen
Bought by
Lee Jae Chen

Purchase Details

Closed on
Jan 17, 2007
Sold by
Lee Taisook
Bought by
Lee In Bum

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 16, 2007
Sold by
Deutsche Bank National Trust Co
Bought by
Lee In Bum and Lee Jae Chen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,000
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 4, 2006
Sold by
Lopez Barbara and Tejeda Juan O
Bought by
Deutsche Bank National Trust Co

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
6.11%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 21, 2005
Sold by
Adibi Gholam A
Bought by
Lopez Barbara and Tejeda Juan O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$697,000
Interest Rate
7.12%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Aug 16, 2001
Sold by
Yadollahi Gohar
Bought by
Adibi Gholam A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,000
Interest Rate
6.88%
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
Joy House Llc -- None Available
Kang Sunggu $535,000 First American Title Company
Lee Jae Chen -- None Available
Lee In Bum -- First American Title Company
Lee Jae Chen -- First American Title Company
Lee In Bum $661,000 First American Title Company
Deutsche Bank National Trust Co $739,928 Accommodation
Lopez Barbara $697,000 Stewart Title Of California
Adibi Gholam A -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kang Sunggu $400,000
Previous Owner Lee In Bum $86,000
Previous Owner Lee Jae Chen $66,000
Previous Owner Lee In Bum $528,800
Previous Owner Lopez Barbara $697,000
Previous Owner Adibi Gholam A $142,500
Previous Owner Adibi Gholam A $100,000
Previous Owner Adibi Gholam A $58,500
Previous Owner Adibi Gholam A $409,500
Previous Owner Adibi Gholam A $357,000
Previous Owner Adibi Gholam A $310,000
Previous Owner Adibi Gholam A $248,000
Previous Owner Adibi Gholam A $62,000
Previous Owner Adibi Gholam A $55,000
Previous Owner Adibi Gholam A $214,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2012 10/05/12 Sold $535,000 -0.9% $418 / Sq Ft
07/12/2012 07/12/12 Pending -- -- --
06/20/2012 06/20/12 For Sale $540,000 -- $422 / 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 $8,999 $645,886 $452,123 $193,763
2023 $8,813 $633,222 $443,258 $189,964
2022 $8,738 $620,807 $434,567 $186,240
2021 $8,539 $608,636 $426,047 $182,589
2020 $8,330 $602,396 $421,679 $180,717
2019 $8,144 $590,585 $413,411 $177,174
2018 $8,055 $579,005 $405,305 $173,700
2017 $7,986 $567,653 $397,358 $170,295
2016 $7,816 $556,523 $389,567 $166,956
2015 $7,760 $548,165 $383,716 $164,449
2014 $7,316 $537,428 $376,200 $161,228
Source: Public Records

Agents Affiliated with this Home

  • Sean Park

    Seller's Agent in 2012

    Sean Park

    Spark Realty

    (408) 448-0991

    5 Total Sales

    Section Image

  • M

    Buyer's Agent in 2012

    Maggy Hyun

    Intero Real Estate Services

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Map

Source: MLSListings

MLS Number: ML81223509

MLSListings

APN: 451-19-028

California Santa Clara County San Jose 95118 Valley View-Reed

3868 Marks Ave Unit 3, San Jose, CA

This home is located at 3868 Marks Ave Unit 3, San Jose, CA 95118 since 20 June 2012 and is currently estimated at $1,576,695, approximately $1,231 per square foot. This property was built in 1959. 3868 Marks Ave Unit 3 is a home located in Santa Clara County with nearby schools including Reed Elementary School, John Muir Middle School, and Pioneer High School.

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