NOT LISTED FOR SALE
0.41 Acre
-- Price per Acre
18,056 Sq Ft Lot

Sale Details

Date Sold: February 11, 2022

Last sale price $2,325,000

3 Days on Market

About This Lot

As of February 2022

The Magnify Investment Team is pleased to exclusively present the opportunity to acquire 428 Page St, a four (4) unit apartment building with significant redevelopment potential in the highly desirable city of San Jose. The property consists of (2) two-bedroom/one-bathroom units, (1) one-bedroom/one-bath units, and one (1) studio unit amounting to a building square foot of 2,572. The building sits on nearly 0.42 acres of land with significant redevelopment potential and was previously entitled for 7 townhomes. The building is in an excellent location and is nearby several new developments on W San Carlos St. It is a 1-mile away from Diridron Station and Google's San Jose HQ. The property also features easy access to Almaden Expressway and Highways 280, 880, and 17.

Last Agent to Sell the Property

Amit Urban

Katz Inc License #01998926 Listed on: 09/02/2021

Co-Listed By

Eric Katz

Katz Inc License #01900078

Last Buyer's Agent

Amit Urban

Katz Inc License #01998926 Listed on: 09/02/2021

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Property Details

Property Type

  • Land

Lot Details

  • 18,056 Sq Ft Lot

Property Details

Property Type

Land

Lot Details

0.41 Acres

Listing Details

  • Zoning: R3
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Multi-Family
  • Special Features: None
  • Property Sub Type: LotsLands

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Acres: 0.4145
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 18057.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 18057.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2023
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 2, 2021
Closed on
Mar 27, 2022
Sold by
Bought by
Seller's Agent
Amit Urban
Katz Inc
Buyer's Agent
Amit Urban
Katz Inc
List Price
$2,350,000
Sold Price
$2,325,000
Premium/Discount to List
-$25,000
-1.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,890,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 21, 2015
Closed on
Dec 17, 2015
Sold by
Bought by
Seller's Agent
Rebecca Pai
Realty World – Equity Solutions
Buyer's Agent
Rebecca Pai
Realty World – Equity Solutions
List Price
$1,400,000
Sold Price
$1,350,000
Premium/Discount to List
-$50,000
-3.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.26%
Original Mortgage
$240,000
Interest Rate
3.96%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 3, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$465,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$2,450,000 Usa National Title
$2,325,000 Old Republic Title
$1,350,000 First American Title Company
-- None Available
$665,000 First American Title Company
$665,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $1,444,545
Closed $1,355,000
Closed $1,557,000
Closed $1,350,000
Closed $1,258,000
Closed $1,461,038
Closed $1,240,000
Closed $1,212,045
Closed $1,272,500
Closed $1,260,000
Closed $1,507,500
Closed $1,200,000
Closed $1,410,000
Closed $500,000
Closed $100,000
Previous Owner $1,890,000
Previous Owner $700,000
Previous Owner $240,000
Previous Owner $465,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2022 02/11/22 Sold $2,325,000 -1.1% --
09/06/2021 09/06/21 Pending -- -- --
09/02/2021 09/02/21 For Sale $2,350,000 +74.1% --
12/24/2015 12/24/15 Sold $1,350,000 -3.6% $450 / Sq Ft View Prior Sale
12/13/2015 12/13/15 Pending -- -- --
11/05/2015 11/05/15 For Sale $1,400,000 0.0% $467 / Sq Ft
11/05/2015 11/05/15 Price Changed $1,400,000 +3.7% $467 / Sq Ft
10/19/2015 10/19/15 Pending -- -- --
10/19/2015 10/19/15 Price Changed $1,350,000 -3.6% $450 / Sq Ft
09/15/2015 09/15/15 For Sale $1,400,000 0.0% $467 / Sq Ft
09/08/2015 09/08/15 Pending -- -- --
08/03/2015 08/03/15 For Sale $1,400,000 0.0% $467 / Sq Ft
08/03/2015 08/03/15 Price Changed $1,400,000 +3.7% $467 / Sq Ft
07/23/2015 07/23/15 Pending -- -- --
05/21/2015 05/21/15 For Sale $1,350,000 -- $450 / Sq Ft
Source: MLSListings

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $32,853 $2,548,980 $2,444,940 $104,040
2024 $30,767 $2,499,000 $2,397,000 $102,000
2023 $29,304 $2,371,500 $2,244,000 $127,500
2022 $19,529 $1,505,946 $1,338,620 $167,326
2021 $19,146 $1,476,419 $1,312,373 $164,046
2020 $18,838 $1,461,281 $1,298,917 $162,364
2019 $18,474 $1,432,630 $1,273,449 $159,181
2018 $18,953 $1,404,540 $1,248,480 $156,060
2017 $18,169 $1,377,000 $1,224,000 $153,000
2016 $18,444 $1,350,000 $1,200,000 $150,000
2015 $18,661 $1,410,182 $1,410,182 $0
2014 $18,071 $1,382,559 $1,382,559 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81860994

MLSListings

APN: 277-21-016

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