RENTED AUG 18, 2025

462 Madison Dr San Jose, CA 95123

Santa Teresa Foothills Neighborhood

Estimated Value: $1,567,000 - $2,138,000

2 Beds
1 Bath
750 Sq Ft
$2,459/Sq Ft Est. Value

Sale Details

Date Sold: June 6, 2023

Last sale price $1,405,000 $1,873 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $10,642 / mo

Highlights

  • Breakfast Area or Nook
  • Tile Flooring
  • Dining Room
  • Bertha Taylor Elementary School Rated 9+
  • Forced Air Heating and Cooling System

About This Home

As of August 2025

Newly constructed detached ADU, featuring Two bedrooms, One bathroom, vaulted ceilings, laundry hookups, ceiling fans, and Air conditioning with its own separate entrance for full privacy and parking next to the unit. conveniently located in Blossom Valley area with Easy access to Highway 85, 87 and 101 for a quick commute to Silicon Valley and the bay area.

Last Agent to Rent the Property

David Flores

Realty World Dominion License #01713023 Listed on: 07/25/2025

Last Renter's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Apartment

Year Built

  • 2025

Lot Details

  • 7,536

Parking

  • On-Street Parking

Interior Spaces

  • 750 Sq Ft Home
  • Dining Room
  • Breakfast Area or Nook
  • Washer and Dryer Hookup

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Community Details

Listing and Financial Details

  • Security Deposit $2,500
  • Property Available on 7/25/25
  • Rent includes sewer, water
  • 1-Month Lease Term

Property Details

Home Type

Apartment

Year Built

2025

Lot Details

7,536 Sq Ft Lot

Rental Info

  • Available: 07/25/2025
  • Lease Terms: Month To Month
  • Maximum Lease Months: 1
  • Minimum Lease Months: 1
  • Rent Includes: Sewer, Water
  • Security Deposit: 2500

Listing Details

  • Subclass: Apartment/Condo For Rent
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 750
  • Special Features: NewHome
  • Property Sub Type: MultiFamily
  • Year Built: 2025

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Nook, No Informal Dining Room
  • Living Sq Ft: 750
  • Laundry: Hookups Only
  • Flooring: Laminate, Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Garage/Parking

  • Garage Parking Features: On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2025
Sold by
Gonzales Luis Castanon and Martinez-Gonzales Norma Ann
Bought by
Luis And Norma Gonzales Family Revocable Livi and Gonzales
Current Estimated Value
$1,844,555

Purchase Details

Listed on
Apr 28, 2023
Closed on
May 25, 2023
Sold by
Bursese Raymond A and Bursese Laura A
Bought by
Gonzales Luis Castanon and Martinez-Gonzales Norma Ann
Seller's Agent
Russ Paige
Intero Real Estate Services
Buyer's Agent
David Flores
Realty World Dominion
List Price
$1,298,000
Sold Price
$1,405,000
Premium/Discount to List
$107,000
8.24%
Views
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
9.95%
Original Mortgage
$983,000
Interest Rate
6.39%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 9, 1999
Sold by
Bursese Raymond A And Laura A Trustee
Bought by
Bursese Raymond A and Bursese Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
7.5%

Purchase Details

Closed on
Dec 4, 1998
Sold by
Bursese Raymond A
Bought by
Bursese Raymond A and Bursese Laura A

Purchase Details

Closed on
Aug 14, 1997
Sold by
Bursese Laura A
Bought by
Bursese Raymond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.45%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 13, 1997
Sold by
Bursese Raymond A
Bought by
Bursese Raymond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$23,000
Interest Rate
7.45%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 14, 1994
Sold by
Bursese Sharon L and Bursese Raymond A
Bought by
Bursese Raymond A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
8.65%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Luis And Norma Gonzales Family Revocable Livi -- None Listed On Document
Gonzales Luis Castanon $1,405,000 Fidelity National Title Compan
Bursese Raymond A -- Commonwealth Land Title Co
Bursese Raymond A -- --
Bursese Raymond A -- Fidelity National Title Ins
Bursese Raymond A -- Fidelity National Title Ins
Bursese Raymond A -- Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gonzales Luis Castanon $983,000
Previous Owner Bursese Raymond A $229,000
Previous Owner Bursese Raymond A $23,000
Previous Owner Bursese Raymond A $23,000
Previous Owner Bursese Raymond A $177,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/18/2025 08/18/25 Rented $3,000 0.0% --
07/25/2025 07/25/25 For Rent $3,000 0.0% --
06/06/2023 06/06/23 Sold $1,405,000 +8.2% $1,082 / Sq Ft View Prior Sale
05/03/2023 05/03/23 Pending -- -- --
04/28/2023 04/28/23 For Sale $1,298,000 -- $1,000 / Sq Ft
Source: MLSListings

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 $11,149 $1,110,176 $519,548 $590,628
2024 $11,149 $728,036 $509,361 $218,675
2023 $11,149 $214,713 $53,342 $161,371
2022 $4,074 $210,504 $52,297 $158,207
2021 $3,960 $206,377 $51,272 $155,105
2020 $3,833 $204,262 $50,747 $153,515
2019 $3,724 $200,257 $49,752 $150,505
2018 $3,676 $196,331 $48,777 $147,554
2017 $3,618 $192,482 $47,821 $144,661
2016 $3,443 $188,709 $46,884 $141,825
2015 $3,363 $185,875 $46,180 $139,695
2014 $2,857 $182,235 $45,276 $136,959
Source: Public Records

Agents Affiliated with this Home

  • David Flores

    Landlord's Agent in 2025

    David Flores

    Realty World Dominion

    (408) 333-9767

    1 in this area

    33 Total Sales

    David Flores
    Section Image

  • R

    Tenant's Agent in 2025

    RECIP

    Out of Area Office

  • Russ Paige

    Seller's Agent in 2023

    Russ Paige

    Intero Real Estate Services

    (408) 205-5400

    1 in this area

    10 Total Sales

    Russ Paige
    Section Image
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Map

Source: MLSListings

MLS Number: ML82015991

MLSListings

APN: 689-26-022

California Santa Clara County San Jose 95123 Santa Teresa Foothills

462 Madison Dr, San Jose, CA

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