NOT LISTED FOR SALE

4040 Rio Ct San Jose, CA 95134

North San Jose Neighborhood

Estimated Value: $945,000 - $1,061,000

2 Beds
2.5 Baths
1,130 Sq Ft
$882/Sq Ft Est. Value

Last Sold July 23, 2021

Last sale price $946,000 $837 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,566/month

5 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • 1 Car Attached Garage
  • Don Callejon School Rated A
  • Sauna
  • 5-minute walk to Vista Montana Park

About This Home

As of July 2021

Beautiful two-story townhouse with a private patio feels like single family home. Located in a resort-like community in the center of Silicon Valley and boasts numerous amenities. Great property features include dual pane windows, a lot of natural lights, recessed ceiling lights, central AC, oversized master suite with his/her closets, vaulted ceilings, upgraded laminate flooring throughout, upgraded light fixtures and updated kitchen with stainless steel appliances. The open floor-plan layout and the indoor-outdoor setting makes the place perfect for entertaining. A full-sized laundry room with side-by-side washer and dryer. Attached 1 car garage and plenty of guest parking. Enjoy the community pool & spa & the green belts. Close to many high-tech companies and walking distance to @First, a modern shopping destination. Close proximity to 237, 880,101, light rail, Levi's stadium, River Oak Plaza & Village, parks and trails. Come check out this amazing home!

Last Agent to Sell the Property

Claire Zhou

Compass License #01440807 Listed on: 06/22/2021

Compass

Last Buyer's Agent

Asir Shahim

EXP Realty of California, Inc License #01987083

EXP Realty of California, Inc

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1993

Lot Details

  • 871 Sq Ft Lot
  • Fenced Front Yard

HOA Fees

  • $370 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,130 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, fencing, garbage, insurance - common area, insurance - earthquake, insurance - flood, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, pool spa or tennis, roof, security service
  • 234 Units
  • Association Northern California Association
  • Greenbelt

Amenities

  • Sauna

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

1993

Lot Details

0

HOA Fees

$370 per month

Parking

1

Listing Details

  • Zoning: A(PD)
  • Subclass: Townhouse
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 234
  • Structure Sq Ft: 1130
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1993

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Breakfast Bar, Dining "L", Eat In Kitchen
  • Kitchen: Dishwasher, Hood Over Range, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1130
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: Inside, Washer / Dryer
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half On Ground Floor, Stall Shower - 2+, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Tile
  • Fencing: Fenced Front
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Common Parking Area, Guest / Visitor Parking, Parking Area

Utilities

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

Condo/Co-op/Association

  • Complex Name: San Jose Renaissance
  • HOA Fees: 370
  • HOA Amenities: Community Pool, Garden / Greenbelt / Trails, Sauna / Spa / Hot Tub
  • 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, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Flood, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Pool, Spa, Or Tennis, Roof, Security Service
  • HOA Exist: Yes
  • H O A Name Text: Association Northern California

Lot Info

  • Lot Acres: 0.0200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 871.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 871.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 22, 2021
Closed on
Jul 14, 2021
Sold by
Zau Kang C and Tong Alice
Bought by
Kumar Fnu Mrinal and Sahu Resham
Seller's Agent
Claire Zhou
Compass
Buyer's Agent
Asir Shahim
EXP Realty of California, Inc
List Price
$875,000
Sold Price
$946,000
Premium/Discount to List
$71,000
8.11%
Current Estimated Value
$996,156

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$50,156
Avg. Annual Appreciation
1.15%
Original Mortgage
$756,800
Outstanding Balance
$687,307
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$308,849

Purchase Details

Closed on
May 1, 2013
Sold by
Zau Kang and Tong Alice
Bought by
Zau Kang C and Tong Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,750
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 22, 2011
Sold by
Zau Kang and Tong Alice
Bought by
Zau Kang C and Tong Alice

Purchase Details

Closed on
Jan 5, 2010
Sold by
Castle Albert L
Bought by
Zau Kang and Tong Alice

Purchase Details

Closed on
Jan 22, 2001
Sold by
Castle Albert L
Bought by
Castle Albert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.75%

Purchase Details

Closed on
Feb 8, 1994
Sold by
Kaufman & Broad South Bay Inc
Bought by
Castle Albert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,850
Interest Rate
4.37%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Kumar Fnu Mrinal $946,000 Chicago Title Company
Zau Kang C -- Fidelity National Title Co
Zau Kang -- Fidelity National Title Co
Zau Kang C -- None Available
Zau Kang $395,000 Fidelity National Title Co
Castle Albert L -- First American Title Co
Castle Albert L $187,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Fnu Mrinal $756,800
Previous Owner Zau Kang $378,750
Previous Owner Castle Albert L $260,000
Previous Owner Castle Albert L $149,850
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/23/2021 07/23/21 Sold $946,000 +8.1% $837 / Sq Ft
06/28/2021 06/28/21 Pending -- -- --
06/22/2021 06/22/21 For Sale $875,000 -- $774 / 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 $12,273 $1,003,902 $501,951 $501,951
2024 $12,273 $984,218 $492,109 $492,109
2023 $11,712 $930,000 $465,000 $465,000
2022 $11,958 $946,000 $473,000 $473,000
2021 $6,347 $471,032 $188,411 $282,621
2020 $6,224 $466,204 $186,480 $279,724
2019 $6,224 $457,064 $182,824 $274,240
2018 $5,818 $448,103 $179,240 $268,863
2017 $5,786 $439,318 $175,726 $263,592
2016 $5,687 $430,705 $172,281 $258,424
2015 $5,648 $424,237 $169,694 $254,543
2014 $5,358 $415,927 $166,370 $249,557
Source: Public Records

Agents Affiliated with this Home

  • Claire Zhou

    Seller's Agent in 2021

    Claire Zhou

    Compass

    (650) 245-5698

    1 in this area

    85 Total Sales

    Claire Zhou
    Section Image
  • Asir Shahim

    Buyer's Agent in 2021

    Asir Shahim

    EXP Realty of California, Inc

    (510) 453-4599

    1 in this area

    33 Total Sales

    Asir Shahim
    Section Image
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Map

Source: MLSListings

MLS Number: ML81850310

MLSListings

APN: 097-74-056

California Santa Clara County San Jose 95134 North San Jose

4040 Rio Ct, San Jose, CA

Not Listed for Sale

Townhouses

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