NOT LISTED FOR SALE

4970 Cherry Ave Unit 111 San Jose, CA 95118

Valley View-Reed Neighborhood

Estimated Value: $564,000 - $678,141

2 Beds
1.5 Baths
975 Sq Ft
1,873 Sq Ft Lot

Last Sold March 25, 2022

Last sale price $650,000 $667 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,377/month

5 Days on Market

Highlights

  • Granite Countertops
  • Eat-In Kitchen
  • Jack-and-Jill Bathroom
  • Pioneer High School Rated A
  • Walk-In Closet
  • Tile Flooring

About This Home

As of March 2022

Elegant and stylish, this two-bedroom condo in the heart of Silicon Valley is move-in ready. With a long list of features such as gorgeous laminate flooring throughout, decorative light fixtures and ceiling fans, crown molding, in-unit washer and dryer, and a tasteful paint palette, all you'll need to do is decide where to put the furniture. Entertain guests in the dining area while you whip up a feast in the kitchen, which boasts granite countertops, stainless steel appliances, and loads of cabinet space. If that wasn't enough, the condo also includes two assigned parking spaces and low HOA dues, making this a great choice for working professionals, first-time homebuyers, or growing families. Located on the border of Cambrian and Almaden Valley and a street away from restaurants, Whole Foods, Sprouts, Costco, and so much more, don't miss out on owning this gem!

Last Agent to Sell the Property

Alvaro Nevarez

EQ1 License #01440025 Listed on: 02/24/2022

Last Buyer's Agent

Joy Mamaril

Coldwell Banker Realty License #01331640

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • 1979

Lot Details

  • 1,873

HOA Fees

  • $370 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 975 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • Granite Bathroom Countertops
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Parking

  • 2 Carport Spaces
  • Guest Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • 220 Volts

Community Details

  • Association fees include exterior painting, garbage, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, roof, water
  • Cherry Avenue Homeowners Association

Property Details

Home Type

Condominium

Year Built

1979

Lot Details

1,873 Sq Ft Lot

HOA Fees

$370 per month

Listing Details

  • Zoning: R
  • Subclass: Condominium
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Structure Sq Ft: 975
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1979

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, Eat In Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 975
  • Stories: 1
  • Bedrooms: Walk-In Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Laminate, Tile
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Granite, Pass Through, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Parking Features: Carport, Covered Parking, Guest / Visitor Parking
  • Carport Min: 2

Utilities

  • Cooling System: Ceiling Fan, Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 370
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Cherry Avenue Homeowners Association

Association/Amenities

  • Amenities Miscellaneous: Walk-In Closet

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2022
Closed on
Mar 22, 2022
Sold by
Veronica Sosa Living Trust
Bought by
Amigable Peter and Saludo Myra
Seller's Agent
Alvaro Nevarez
EQ1
Buyer's Agent
Joy Mamaril
Coldwell Banker Realty
List Price
$599,980
Sold Price
$650,000
Premium/Discount to List
$50,020
8.34%
Current Estimated Value
$628,285

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,715
Avg. Annual Appreciation
-0.85%
Original Mortgage
$617,500
Outstanding Balance
$578,482
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$49,803

Purchase Details

Closed on
Jul 7, 2020
Sold by
Sosa Veronica
Bought by
Sosa Veronica and Veronica Sosa Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,177
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2018
Sold by
Sosa Veronica
Bought by
Sosa Veronica and Veronica Sosa Living Trust

Purchase Details

Closed on
Dec 12, 2007
Sold by
4970 Cherry Avenue Owner Llc
Bought by
Sosa Veronica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$39,950
Interest Rate
6.21%
Mortgage Type
Credit Line Revolving
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
Amigable Peter $650,000 First American Title
Sosa Veronica -- Wltic
Sosa Vernocia -- Wltic
Sosa Veronica -- None Available
Sosa Veronica $399,500 Commonwealth Land Title Insu
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Amigable Peter $617,500
Previous Owner Sosa Vernocia $339,177
Previous Owner Sosa Veronica $39,950
Previous Owner Sosa Veronica $319,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $650,000 +8.3% $667 / Sq Ft
03/02/2022 03/02/22 Pending -- -- --
02/24/2022 02/24/22 For Sale $599,980 -- $615 / 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 $8,423 $689,784 $344,892 $344,892
2024 $8,423 $676,260 $338,130 $338,130
2023 $8,009 $640,000 $320,000 $320,000
2022 $6,408 $494,472 $247,236 $247,236
2021 $6,291 $484,778 $242,389 $242,389
2020 $6,188 $479,808 $239,904 $239,904
2019 $6,074 $470,400 $235,200 $235,200
2018 $5,940 $461,178 $230,589 $230,589
2017 $5,887 $451,500 $225,700 $225,800
2016 $5,498 $422,000 $211,000 $211,000
2015 $5,179 $393,000 $196,500 $196,500
2014 $5,061 $383,000 $191,500 $191,500
Source: Public Records

Agents Affiliated with this Home

  • Alvaro Nevarez

    Seller's Agent in 2022

    Alvaro Nevarez

    EQ1

    (408) 313-0284

    2 in this area

    61 Total Sales

    Alvaro Nevarez
    Section Image
  • Joy Mamaril

    Buyer's Agent in 2022

    Joy Mamaril

    Coldwell Banker Realty

    (408) 684-5000

    1 in this area

    50 Total Sales

    Joy Mamaril
    Section Image
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Map

Source: MLSListings

MLS Number: ML81879578

MLSListings

APN: 569-66-011

California Santa Clara County San Jose 95118 Valley View-Reed

4970 Cherry Ave Unit 111, San Jose, CA

Not Listed for Sale

Condos

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