NOT LISTED FOR SALE

498 Marble Arch Ave San Jose, CA 95136

South San Jose Neighborhood

Estimated Value: $1,090,000 - $1,197,000

3 Beds
3 Baths
1,894 Sq Ft
$613/Sq Ft Est. Value

Last Sold September 30, 2015

Last sale price $675,000 $356 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $7,208/month

131 Days on Market

Highlights

  • Private Pool
  • Zoned Heating and Cooling
  • Separate Family Room
  • Breakfast Area or Nook

About This Home

As of September 2015

Beautiful 3.0 Bed/3.0 Full Bath Desired End Unit in Lancaster Gate Community at San Jose! This approx. 1,894 Sq Ft townhouse features 3 balconies, community pool/spa, hardwood floors, recess lighting, fireplace, walk-in closet w/ a closet organizer, LOTS of natural lighting from the many windows in the home, 2-car garage at street level, & MORE! Great Location & MINUTES away from Downtown San Jose. Make this yours today! OPEN HOUSE: Saturday, 8/22/15 from 1:00pm-5:00pm & Sunday, 8/23/15 from 1:00pm-4:00pm

Last Agent to Sell the Property

Elizabeth Velasco

RE/MAX Gold Laguna License #01808777 Listed on: 04/17/2015

Last Buyer's Agent

Jaleh Taghipour

Intero Real Estate Services License #01424125

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,222

Year Built

  • Built in 2000

Lot Details

  • 1,742

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,894 Sq Ft Home
  • Fireplace With Gas Starter
  • Separate Family Room

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Pool

  • Private Pool

Utilities

  • Zoned Heating and Cooling
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 455-55-025

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance - common area
  • Lancaster Gate HOA

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,222

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 15
  • Listing Class: Residential
  • Structure Sq Ft: 1894
  • Year Built: 2000
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Breakfast Nook
  • Living Sq Ft: 1894
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 236
  • Association Fees Include: Maintenance - Common Area
  • H O A Name Text: Lancaster Gate HOA
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 455-55-025
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 698.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 698.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 26, 2020
Sold by
Hofford Phillip N and Reed Robert L
Bought by
Reed Robert L and Hofford Phillip N
Current Estimated Value
$1,160,265

Purchase Details

Listed on
Apr 17, 2015
Closed on
Sep 17, 2015
Sold by
Obico Teodulo T and Obico Ester V
Bought by
Hofford Phillip N and Reed Robert L
Seller's Agent
Elizabeth Velasco
RE/MAX Gold Laguna
Buyer's Agent
Jaleh Taghipour
Intero Real Estate Services
List Price
$679,900
Sold Price
$675,000
Premium/Discount to List
-$4,900
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%
Original Mortgage
$270,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2006
Sold by
Obico Teodulo T and Obico Ester V
Bought by
Obico Teodulo T and Obico Ester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2006
Sold by
Obico Teodulo T and Obico Ester V
Bought by
Obico Teodulo T and Obico Ester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 28, 2003
Sold by
Obico Paul V and Obico Allison
Bought by
Obico Teodulo T and Obico Ester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$384,000
Interest Rate
4.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 17, 2000
Sold by
Western Pacific Housing Communications H
Bought by
Obico Paul and Obico Allison

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
8.25%
Source: Public Records

Range of Values:

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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
Reed Robert L -- None Available
Hofford Phillip N $675,000 Fidelity National Title Co
Obico Teodulo T $127,500 Fidelity National Title Co
Obico Teodulo T -- Fidelity National Title Co
Obico Teodulo T $480,000 Fidelity National Title Ins
Obico Paul $443,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Reed Robert L $240,500
Closed Hofford Phillip N $270,000
Previous Owner Obico Teodulo T $379,000
Previous Owner Obico Teodulo T $377,000
Previous Owner Obico Teodulo T $377,000
Previous Owner Obico Teodulo T $384,000
Previous Owner Obico Paul $424,000
Previous Owner Obico Paul $354,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2015 09/30/15 Sold $675,000 0.0% $356 / Sq Ft
09/28/2015 09/28/15 Sold $675,000 -0.7% $356 / Sq Ft
08/26/2015 08/26/15 Pending -- -- --
08/26/2015 08/26/15 Pending -- -- --
08/18/2015 08/18/15 For Sale $679,900 0.0% $359 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
06/30/2015 06/30/15 For Sale $679,900 0.0% $359 / Sq Ft
04/17/2015 04/17/15 For Sale $679,900 -- $359 / 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 $11,222 $799,056 $399,528 $399,528
2024 $11,222 $783,390 $391,695 $391,695
2023 $11,106 $768,030 $384,015 $384,015
2022 $10,863 $752,972 $376,486 $376,486
2021 $10,854 $738,208 $369,104 $369,104
2020 $10,519 $730,640 $365,320 $365,320
2019 $10,089 $716,314 $358,157 $358,157
2018 $10,096 $702,270 $351,135 $351,135
2017 $9,970 $688,500 $344,250 $344,250
2016 $9,477 $675,000 $337,500 $337,500
2015 $8,952 $631,569 $169,072 $462,497
2014 $8,113 $596,000 $159,600 $436,400
Source: Public Records

Agents Affiliated with this Home

  • Elizabeth Velasco

    Seller's Agent in 2015

    Elizabeth Velasco

    RE/MAX

    (916) 730-8053

    1 in this area

    198 Total Sales

    Elizabeth Velasco
    Section Image
  • Jaleh Taghipour

    Buyer's Agent in 2015

    Jaleh Taghipour

    Intero Real Estate Services

    (408) 205-8899

    30 Total Sales

    Jaleh Taghipour
    Section Image
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Map

Source: MLSListings

MLS Number: ML81472854

MLSListings

APN: 455-55-025

California Santa Clara County San Jose 95136 South San Jose

498 Marble Arch Ave, San Jose, CA

This home is located at 498 Marble Arch Ave, San Jose, CA 95136 since 17 April 2015 and is currently estimated at $1,160,265, approximately $612 per square foot. This property was built in 2000. 498 Marble Arch Ave is a home located in Santa Clara County with nearby schools including George Shirakawa Sr. Elementary School, Sylvandale Middle School, and Andrew P. Hill High School.

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