NOT LISTED FOR SALE

5023 Severance Dr San Jose, CA 95136

Blossom Valley Neighborhood

Estimated Value: $1,304,000 - $1,485,094

3 Beds
2 Baths
1,330 Sq Ft
$1,041/Sq Ft Est. Value

Sale Details

Date Sold: May 21, 2024

Last sale price $1,480,000 $1,113 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $7,732 / mo

6 Days on Market

Highlights

  • Granite Countertops
  • Forced Air Heating and Cooling System
  • Vinyl Flooring
  • 2 Car Attached Garage
  • Dining Room
  • 1-Story Property

About This Home

As of May 2024

5023 SEVERANCE DRIVE IS A CHARMING 3-BEDROOM, 2-BATHROOM HOME LOCATED IN A QUIET NEIGHBORHOOD IN THE BLOSSOM VALLEY AREA. THE HOUSE FEATURES A LARGE FAMILY ROOM WITH A PICTURESQUE FIREPLACE AND BEAUTIFUL PLANK FLOORING WITH SLIDER TO THE PRIVATE BACKYARD. THE KITCHEN HAS GRANITE COUNTERS WITH TILE BACKSPLASH AND BAR SEATING. THE NEWLY PAINTED INTERIOR MAKES IT A PERFECT BLEND OF MODERN AMENITIES AND COZY CHARM. ADDITIONAL AMENITIES INCLUDE: NEWLY INSTALLED SOD & SPRINKLER SYSTEM IN FRONT YARD, DOUBLE PANE WINDOWS, AIR CONDITIONING, COPPER PLUMBING AND UNDERGROUND UTILITIES. CONVENIENTLY LOCATED TO OAKRIDGE MALL, ALMADEN RANCH, WHOLE FOODS, COSTCO. EASY ACCESS TO 85/87 FREEWAYS, PARKS & LIGHT RAIL STATION.

Last Agent to Sell the Property

Brian Tanger

Intero Real Estate Services License #01469107 Listed on: 04/23/2024

Intero Real Estate Services

Last Buyer's Agent

Xiaoting Niu

Keller Williams Thrive License #01955048

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1973

Lot Details

  • 6,098 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Attached Garage

Home Design

  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,330 Sq Ft Home
  • 1-Story Property
  • Fireplace With Gas Starter
  • Family Room with Fireplace
  • Dining Room
  • Vinyl Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 458-20-057

Home Details

Home Type

Single Family

Year Built

Built in 1973

Lot Details

6,098 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1330
  • Year Built: 1973
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter
  • Dining Room: No Formal Dining Room
  • Kitchen: Countertop - Granite, Refrigerator
  • Living Sq Ft: 1330
  • Stories: 1
  • Laundry: Electricity Hookup (220V), In Garage
  • Flooring: Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 458-20-057
  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6098.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6098.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 7, 2024
Sold by
Martin Living Trust and Martin Eugene F
Bought by
Fei Jinjiao and Zhang Yaliang
Seller's Agent
Brian Tanger
Intero Real Estate Services
Buyer's Agent
Xiaoting Niu
Keller Williams Thrive
List Price
$199,995
Sold Price
$1,480,000
Premium/Discount to List
$1,280,005
640.02%
Views
137
Current Estimated Value
$1,384,774

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,226
Avg. Annual Appreciation
-3.35%
Original Mortgage
$1,036,000
Outstanding Balance
$1,018,478
Interest Rate
7.13%
Mortgage Type
New Conventional
Estimated Equity
$366,296

Purchase Details

Closed on
Jun 27, 2000
Sold by
Martin Eugene F and Martin Leann E
Bought by
Martin Eugene F and Martin Leann E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Fei Jinjiao $1,480,000 Fidelity National Title Compan
Martin Eugene F -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Fei Jinjiao $1,036,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2024 05/21/24 Sold $1,480,000 +23.3% $1,113 / Sq Ft
04/30/2024 04/30/24 Pending -- -- --
04/23/2024 04/23/24 Price Changed $1,199,995 -40.0% $902 / Sq Ft
04/23/2024 04/23/24 Price Changed $1,999,995 +900.0% $1,504 / Sq Ft
04/23/2024 04/23/24 For Sale $199,995 -- $150 / 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 $4,681 $1,509,600 $1,275,000 $234,600
2024 $4,681 $276,554 $86,116 $190,438
2023 $4,557 $271,132 $84,428 $186,704
2022 $4,517 $265,817 $82,773 $183,044
2021 $4,377 $260,605 $81,150 $179,455
2020 $4,240 $257,933 $80,318 $177,615
2019 $4,128 $252,877 $78,744 $174,133
2018 $4,068 $247,919 $77,200 $170,719
2017 $4,021 $243,059 $75,687 $167,372
2016 $3,875 $238,294 $74,203 $164,091
2015 $3,835 $234,716 $73,089 $161,627
2014 $3,411 $230,119 $71,658 $158,461
Source: Public Records

Agents Affiliated with this Home

  • Brian Tanger

    Seller's Agent in 2024

    Brian Tanger

    Intero Real Estate Services

    (408) 203-3990

    6 in this area

    70 Total Sales

    Brian Tanger
    Section Image

  • X

    Buyer's Agent in 2024

    Xiaoting Niu

    Keller Williams Thrive

    Section Image
  • Cat Zhao

    Buyer Co-Listing Agent in 2024

    Cat Zhao

    Keller Williams Thrive

    (650) 561-6758

    1 in this area

    35 Total Sales

    Cat Zhao
    Section Image
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Map

Source: MLSListings

MLS Number: ML81962579

MLSListings

APN: 458-20-057

California Santa Clara County San Jose 95136 Blossom Valley

5023 Severance Dr, San Jose, CA

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