NOT LISTED FOR SALE

503 Raymond Ave San Jose, CA 95128

Burbank Neighborhood

Estimated Value: $1,330,000 - $1,510,000

3 Beds
1.5 Baths
1,276 Sq Ft
$1,119/Sq Ft Est. Value

Last Sold August 20, 2021

Last sale price $1,280,000 $1,003 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $9,192/month

6 Days on Market

Highlights

  • Wood Flooring
  • Quartz Countertops
  • Forced Air Heating and Cooling System
  • Del Mar High School Rated A-
  • 2 Car Detached Garage
  • Dining Area

About This Home

As of August 2021

Rare and lovely California bungalow,3 bedroom and 1.5 bathroom home with bonus room/office located in the Burbank neighborhood of San Jose.Lovingly restored & remodeled w/the utmost care.Rockwool insulation in attic/walls/floors in the new addition.Brand new 200 amp service panel,Roof framed 4 future solar installation,Newly remodeled kitchen w/custom cabinetry and quartz countertops. All new interior walls sound insulated.Brand new half bath w/new high-efficiency washer&dryer. hardwood floors throughout, All new Electrical & copper plumbing, Central Heating & A/C, Tankless water heater. Custom double pane low E glass-reproduction windows made to match the original 1940s windows at the front of the house. Back studio with soundproofed ,perfect for music lovers/man cave/she shed.Garden oasis w/fruit trees pomegranates blackberries & veggie garden.Unique shade tree provides peaceful & exotic environment.Close 2 Valley Fair, Santana Row & Rose Garden.Easy access to 280/880.

Last Agent to Sell the Property

Angel Zhu

Coldwell Banker Realty License #01326672 Listed on: 07/15/2021

Coldwell Banker Realty

Last Buyer's Agent

Joseph Carrero

Intero Real Estate Services License #01213435

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,909

Year Built

  • 1940

Lot Details

  • 5,680

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,276 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Laundry in unit

Kitchen

  • Oven or Range
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 5,680 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,909

Year Built

1940

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 81
  • Listing Class: Residential
  • Structure Sq Ft: 1276
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1940

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Garbage Disposal, Oven Range
  • Fireplace: Yes
  • Living Sq Ft: 1276
  • Stories: 1
  • Laundry: Inside
  • Flooring: Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: Campbell Union High

Lot Info

  • Lot Acres: 0.1304
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5681.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5681.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2021
Closed on
Jul 29, 2021
Sold by
Bruce Christie and Bruce Michael
Bought by
Rees Eric and Nguyen Phuong
Seller's Agent
Angel Zhu
Coldwell Banker Realty
Buyer's Agent
Joseph Carrero
Intero Real Estate Services
List Price
$1,049,000
Sold Price
$1,280,000
Premium/Discount to List
$231,000
22.02%
Current Estimated Value
$1,428,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$148,410
Avg. Annual Appreciation
4.32%
Original Mortgage
$1,024,000
Outstanding Balance
$939,133
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$574,782

Purchase Details

Closed on
Jul 29, 2009
Sold by
Wells Fargo Bank National Association
Bought by
Bruce Christie and Bruce Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$295,963
Interest Rate
5.19%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2008
Sold by
Otero Patricia J and Schneider Frederick A
Bought by
Wells Fargo Bank Na

Purchase Details

Closed on
Mar 12, 2004
Sold by
Otero Patricia J
Bought by
Schneider Frederick A and Otero Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
7.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 1999
Sold by
Schneider Patricia J and Schneider Patricia J
Bought by
Otero Patricia J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$33,500
Interest Rate
7.84%

Purchase Details

Closed on
Jul 2, 1999
Sold by
Schneider Frederick A and Aurel Frederick
Bought by
Schneider Patricia J Otero
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
Rees Eric $1,280,000 Lawyers Title Company
Bruce Christie $370,000 Lsi Title Agency Inc
Wells Fargo Bank Na $395,521 Accommodation
Schneider Frederick A -- Fidelity National Title
Otero Patricia J -- Financial Title Company
Schneider Patricia J Otero -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rees Eric $1,024,000
Previous Owner Bruce Christie $294,100
Previous Owner Bruce Christie $295,963
Previous Owner Schneider Frederick A $380,000
Previous Owner Otero Patricia J $327,200
Previous Owner Otero Patricia J $33,500
Previous Owner Schneider Frederick Aurel $248,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/20/2021 08/20/21 Sold $1,280,000 +22.0% $1,003 / Sq Ft
07/22/2021 07/22/21 Pending -- -- --
07/15/2021 07/15/21 For Sale $1,049,000 -- $822 / 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
2024 $16,909 $1,331,712 $998,784 $332,928
2023 $16,668 $1,305,600 $979,200 $326,400
2022 $16,530 $1,280,000 $960,000 $320,000
2021 $6,722 $452,337 $330,920 $121,417
2020 $6,532 $440,880 $327,527 $113,353
2019 $6,430 $428,138 $321,105 $107,033
2018 $6,188 $419,744 $314,809 $104,935
2017 $6,017 $411,515 $308,637 $102,878
2016 $5,616 $403,447 $302,586 $100,861
2015 $5,470 $397,387 $298,041 $99,346
2014 $5,210 $389,603 $292,203 $97,400
Source: Public Records

Agents Affiliated with this Home

  • Angel Zhu

    Seller's Agent in 2021

    Angel Zhu

    Coldwell Banker Realty

    (408) 858-5831

    1 in this area

    68 Total Sales

    Section Image
  • Joseph Carrero

    Buyer's Agent in 2021

    Joseph Carrero

    Intero Real Estate Services

    (408) 342-8606

    1 in this area

    9 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81853733

MLSListings

APN: 277-28-034

California Santa Clara County San Jose 95128 Burbank

503 Raymond Ave, San Jose, CA

This home is located at 503 Raymond Ave, San Jose, CA 95128 since 15 July 2021 and is currently estimated at $1,428,410, approximately $1,119 per square foot. This property was built in 1940. 503 Raymond Ave is a home located in Santa Clara County with nearby schools including Del Mar High School, Sherman Oaks Elementary School, and Monroe Middle School.

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