NOT LISTED FOR SALE

5118 Derek Dr San Jose, CA 95136

Hayes Neighborhood

Estimated Value: $1,230,000 - $1,308,000

3 Beds
1 Bath
1,065 Sq Ft
$1,192/Sq Ft Est. Value

Last Sold May 17, 2019

Last sale price $800,000 $751 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,992/month

1 Day on Market

Highlights

  • Eat-In Kitchen
  • Ceiling Fan
  • 1-Story Property
  • Forced Air Heating System

About This Home

As of May 2019

Great opportunity first time home buyer or investor. No need to pay HOA dues when you can own a single family home. This home has so much natural light with the extra large windows. Walking distance to the elementary school and easy access to Hwy 85/87 to get to those high tech jobs, Martial Cottle Park, Valley Christian HS, and so many shopping and dining options. Large backyard with patio right off the kitchen is perfect for outdoor entertaining.

Last Agent to Sell the Property

Kimberly Nicholson

Coldwell Banker Realty License #01799950 Listed on: 04/15/2019

Coldwell Banker Realty

Last Buyer's Agent

Pai-Chuan Chang

Maxreal License #02022965

Maxreal

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,052

Year Built

  • Built in 1971

Lot Details

  • 6,172 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 685-07-043

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,052

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 48
  • Listing Class: Residential
  • Structure Sq Ft: 1065
  • Year Built: 1971
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 1065
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full 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: Attached Garage

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 685-07-043
  • Lot Acres: 0.1417
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6174.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6174.00

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
Dec 21, 2021
Sold by
Chien Kuochin and Wang Hsin Yi
Bought by
Chien Kuochin and Wang Hsin Yi
Current Estimated Value
$1,269,634

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$482,526
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$787,108

Purchase Details

Closed on
Sep 16, 2020
Sold by
Chien Kuo Chin and Wang Hsin Yi
Bought by
Wang Hsin Yi and Chien Kuo Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$577,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 15, 2019
Closed on
May 2, 2019
Sold by
Smith Alan R and Smith Andrea J
Bought by
Chin Chien Kuo and Wang Hsin Yi
Seller's Agent
Kimberly Nicholson
Coldwell Banker Realty
Buyer's Agent
Pai-Chuan Chang
Maxreal
List Price
$799,000
Sold Price
$800,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$600,000
Interest Rate
4%
Mortgage Type
New Conventional
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
Chien Kuochin -- Fidelity National Title Co
Wang Hsin Yi -- Fidelity National Title Co
Chin Chien Kuo $800,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chien Kuochin $560,000
Closed Chien Kuo Chin $565,000
Closed Wang Hsin Yi $577,000
Closed Chien Kuo Chin $592,000
Closed Chien Kuo Chin $594,000
Closed Chin Chien Kuo $600,000
Previous Owner Smith Alan R $98,000
Previous Owner Smith Alan R $96,000
Previous Owner Smith Alan R $100,500
Previous Owner Smith Alan R $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2019 05/17/19 Sold $800,000 +0.1% $751 / Sq Ft
04/17/2019 04/17/19 Pending -- -- --
04/15/2019 04/15/19 For Sale $799,000 -- $750 / 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 $13,052 $892,411 $780,861 $111,550
2024 $13,052 $874,913 $765,550 $109,363
2023 $12,838 $857,759 $750,540 $107,219
2022 $12,728 $840,941 $735,824 $105,117
2021 $12,508 $824,453 $721,397 $103,056
2020 $12,173 $816,000 $714,000 $102,000
2019 $4,307 $200,555 $61,274 $139,281
2018 $4,180 $196,623 $60,073 $136,550
2017 $4,111 $192,769 $58,896 $133,873
2016 $3,919 $188,991 $57,742 $131,249
2015 $3,839 $186,153 $56,875 $129,278
2014 $2,946 $182,507 $55,761 $126,746
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2019

    Kimberly Nicholson

    Coldwell Banker Realty

    Section Image

  • P

    Buyer's Agent in 2019

    Pai-Chuan Chang

    Maxreal

    Section Image
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Map

Source: MLSListings

MLS Number: ML81747187

MLSListings

APN: 685-07-043

California Santa Clara County San Jose 95136 Hayes

5118 Derek Dr, San Jose, CA

This home is located at 5118 Derek Dr, San Jose, CA 95136 since 15 April 2019 and is currently estimated at $1,269,634, approximately $1,192 per square foot. This property was built in 1971. 5118 Derek Dr is a home located in Santa Clara County with nearby schools including Hayes Elementary School, Davis (Caroline) Intermediate School, and Oak Grove High School.

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