NOT LISTED FOR SALE

498 Chelsea Crossing San Jose, CA 95138

Basking Ridge Neighborhood

Estimated Value: $1,254,000 - $1,472,000

3 Beds
2.5 Baths
1,457 Sq Ft
$936/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $632,000 $434 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $8,492/month

35 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • High Ceiling
  • Primary Bedroom Suite
  • Family Room with Fireplace
  • 2-minute walk to Basking Ridge Park

About This Home

As of September 2013

Wonderful family home in sought after Basking Ridge community. Home backs up to the green space ravine, lots of privacy! Elementary school is Rita Ledesma, award winning and wonderful school. Community park is right down the street, walking distance. This home has access to the HOA community pool. Shops, restaurants, close by.

Last Agent to Sell the Property

Amber Neil

Real Estate eBroker Inc License #01771224 Listed on: 08/05/2013

Last Buyer's Agent

Angela Zhu

Bay Home Investments&Loans License #01871867

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,906

Year Built

  • Built in 1998

Lot Details

  • Sprinklers on Timer
  • Zoning described as A-PD

Parking

  • 2 Car Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,457 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Sewer Within 50 Feet
  • Satellite Dish

Listing and Financial Details

  • Assessor Parcel Number 678-67-004

Community Details

Overview

  • Property has a Home Owners Association
  • Basking Ridge/Promenade Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,906

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 15
  • Sale Price Per Sq Ft: 433.77
  • Listing Class: Residential
  • Structure Sq Ft: 1457
  • Incorporated: Yes
  • Map Book Page: 875
  • Map Side Coordinate: 5
  • Map Top Coordinate: G
  • Thomas Bros Page: 875
  • Thomas Brothers: G5
  • Year Built: 1998
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Log, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Microwave, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1457
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage, 220 Volt Outlet
  • Flooring: Tile, Laminate, Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, No Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: In Ground Concrete, Community Facility, Pool - Yes
  • Roof: Composition
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinklers - Auto
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Condo/Co-op/Association

  • HOA Fees: 193
  • H O A Name Text: Basking Ridge/Promenade
  • H O A Exist: Yes

Schools

  • School District: East Side Union High
  • Elementary School: Rita Ledesma Elementary
  • Elementary School: 1087

Lot Info

  • Parcel Number: 678-67-004
  • List Price per Sq Ft: 435.83
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2614.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 2614.00
  • Lot Size Area Min Search: 2614.00
  • Maximum Lot Size: 2614.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Rita Ledesma Elementary

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2013
Closed on
Sep 17, 2013
Sold by
Sanghrajka Bharat and Sanghrajka Nalini
Bought by
Jose Joy Chemmanur and Mathulla Swapna Mary
Seller's Agent
Amber Neil
Real Estate eBroker Inc
Buyer's Agent
Angela Zhu
Bay Home Investments&Loans
List Price
$675,000
Sold Price
$632,000
Premium/Discount to List
-$43,000
-6.37%
Current Estimated Value
$1,391,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,656
Avg. Annual Appreciation
6.68%
Original Mortgage
$505,600
Interest Rate
4.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2011
Sold by
Sanghrajka Bharat and Sanghrajka Nalini
Bought by
Sanghrajka Bharat and Sanghrajka Nalini

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2008
Sold by
Sanghrajka Bharat and Sanghrajka Nalini
Bought by
Sanghrajka Bharat and Sanghrajka Nalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2005
Sold by
Sanghrajka Bharat and Sanghrajka Nalini
Bought by
Sanghrajka Bharat and Sanghrajka Nalini

Purchase Details

Closed on
Nov 26, 2001
Sold by
Wu Renoir Yin Lin and Wu Rita N
Bought by
Sanghrajka Bharat and Sanghrajka Nalina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
6.25%

Purchase Details

Closed on
Apr 6, 1998
Sold by
Promenade De San Jose Llc
Bought by
Wu Renoir Yi Lin and Wu Rita N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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
Jose Joy Chemmanur $632,000 Chicago Title Company
Sanghrajka Bharat $75,000 Old Republic Title Company
Sanghrajka Bharat -- None Available
Sanghrajka Bharat -- Chicago Title Company
Sanghrajka Bharat -- None Available
Sanghrajka Bharat $450,000 Chicago Title Co
Wu Renoir Yi Lin $298,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jose Joy Chemmanur $370,000
Closed Jose Joy Chemmanur $435,000
Closed Jose Joy Chemmanur $505,600
Previous Owner Sanghrajka Bharat $224,000
Previous Owner Sanghrajka Bharat $235,000
Previous Owner Sanghrajka Bharat $340,000
Previous Owner Sanghrajka Bharat $337,500
Previous Owner Wu Renoir Yi Lin $218,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2013 09/20/13 Sold $632,000 -0.5% $434 / Sq Ft
09/09/2013 09/09/13 Pending -- -- --
09/03/2013 09/03/13 Price Changed $635,000 -5.9% $436 / Sq Ft
08/05/2013 08/05/13 For Sale $675,000 -- $463 / 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 $10,906 $774,734 $387,367 $387,367
2024 $10,906 $759,544 $379,772 $379,772
2023 $10,906 $744,652 $372,326 $372,326
2022 $10,660 $730,052 $365,026 $365,026
2021 $10,499 $715,738 $357,869 $357,869
2020 $10,268 $708,400 $354,200 $354,200
2019 $10,027 $694,510 $347,255 $347,255
2018 $9,957 $680,894 $340,447 $340,447
2017 $9,823 $667,544 $333,772 $333,772
2016 $9,347 $654,456 $327,228 $327,228
2015 $9,133 $644,626 $322,313 $322,313
2014 $8,374 $632,000 $316,000 $316,000
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Amber Neil

    Real Estate eBroker Inc

    Section Image

  • A

    Buyer's Agent in 2013

    Angela Zhu

    Bay Home Investments&Loans

See All Agents

Map

Source: MLSListings

MLS Number: ML81328577

MLSListings

APN: 678-67-004

California Santa Clara County San Jose 95138 Basking Ridge

498 Chelsea Crossing, San Jose, CA

This home is located at 498 Chelsea Crossing, San Jose, CA 95138 since 05 August 2013 and is currently estimated at $1,363,571, approximately $935 per square foot. This property was built in 1998. 498 Chelsea Crossing is a home located in Santa Clara County with nearby schools including Rita Ledesma Elementary School, Bernal Intermediate School, and Oak Grove High School.

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