NOT LISTED FOR SALE

518 Cypress Ave San Jose, CA 95117

Santana Row Neighborhood

Estimated Value: $1,682,000 - $2,227,000

3 Beds
2 Baths
1,717 Sq Ft
$1,123/Sq Ft Est. Value

Last Sold October 02, 2023

Last sale price $1,588,888 $925 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $11,956/month

Highlights

  • Wood Flooring
  • 2 Car Attached Garage
  • Separate Family Room
  • Del Mar High School Rated A-
  • Forced Air Heating System
  • Dining Area

About This Home

As of November 2023

Home is in the final stage of being renovated. Improvements include all new interior paint, refinished hardwood floors, updated cabinets, more pictures as remodeling progresses. Home is available around Nov 1st give or take. At just over 2100 sq ft, 3 bedrooms, 2 bathrooms and walking distance to Santana Row, this is the location you've dreamed about.

Last Agent to Rent the Property

JR McKee

Home In Silicon Valley License #00901100 Listed on: 10/24/2023

Last Renter's Agent

JR McKee

Home In Silicon Valley License #00901100 Listed on: 10/24/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,189

Year Built

  • 1956

Lot Details

  • 8,176

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,717 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • 8,176 Sq Ft Lot
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $4,400
  • Property Available on 10/24/23
  • Rent includes hot water, trash removal
  • 12-Month Minimum Lease Term

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,189

Year Built

1956

Lot Details

0

Parking

2

Rental Info

  • Available: 10/24/2023
  • Minimum Lease Months: 12
  • Rent Includes: Hot Water, Trash Removal
  • Security Deposit: 4400

Listing Details

  • Subclass: House For Rent
  • Age: 67
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1717
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1956

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area
  • Fireplace: Yes
  • Living Sq Ft: 1717
  • Stories: 1
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas

Schools

  • School District: Campbell Union High
  • Elementary School: Lynhaven Elementary
  • Middle School: Monroe Middle
  • High School: Del Mar High
  • High School: 239
  • Elementary School: 58
  • Middle School: 60

Lot Info

  • Lot Acres: 0.1877
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8175.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8175.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 24, 2023
Closed on
Sep 21, 2023
Sold by
Don Favorito Family Trust
Bought by
Huan Le Zhuo And Yan Tang Revocable Living Tr and Zhuo
Seller's Agent
JR McKee
Home In Silicon Valley
Buyer's Agent
JR McKee
Home In Silicon Valley
Sold Price
$4,200
Views
75
Current Estimated Value
$1,928,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,924,202
Avg. Annual Appreciation
10.47%
Original Mortgage
$545,000
Outstanding Balance
$534,722
Interest Rate
7.09%
Mortgage Type
Seller Take Back
Estimated Equity
$1,396,420

Purchase Details

Closed on
Nov 18, 2022
Sold by
Favorito Anthony M
Bought by
Don Favorito Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$778,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2017
Sold by
Favorito Donald J
Bought by
Favorito Anthony

Purchase Details

Closed on
Oct 19, 2002
Sold by
Favorito Donald Joseph and Favorito Evelyn Ellen
Bought by
Favorito Donald J and Favorito Evelyn E
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
Huan Le Zhuo And Yan Tang Revocable Living Tr $1,589,000 Fidelity National Title Compan
Don Favorito Family Trust -- First American Title
Favorito Anthony M -- First American Title
Favorito Anthony M -- First American Title
Favorito Anthony -- None Available
Favorito Donald J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huan Le Zhuo And Yan Tang Revocable Living Tr $545,000
Closed Huan Le Zhuo And Yan Tang Revocable Living Tr $726,000
Previous Owner Favorito Anthony M $778,000
Previous Owner Favorito Donald J $862,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/15/2023 11/15/23 Rented $4,200 -4.5% --
10/24/2023 10/24/23 For Rent $4,400 0.0% --
10/02/2023 10/02/23 Sold $1,588,888 0.0% $751 / Sq Ft
09/01/2023 09/01/23 Pending -- -- --
08/31/2023 08/31/23 For Sale $1,588,888 -- $751 / 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 $20,189 $1,620,665 $1,314,665 $306,000
2024 $20,189 $1,588,888 $1,288,888 $300,000
2023 $20,566 $1,530,000 $1,224,000 $306,000
2022 $3,108 $86,153 $24,787 $61,366
2021 $2,955 $84,464 $24,301 $60,163
2020 $2,301 $83,599 $24,052 $59,547
2019 $2,234 $81,961 $23,581 $58,380
2018 $2,170 $845,012 $633,759 $211,253
2017 $2,131 $78,780 $22,666 $56,114
2016 $2,023 $77,236 $22,222 $55,014
2015 $1,987 $76,077 $21,889 $54,188
2014 $1,508 $74,588 $21,461 $53,127
Source: Public Records

Agents Affiliated with this Home

  • JR McKee

    Landlord's Agent in 2023

    JR McKee

    Home In Silicon Valley

    (408) 406-7777

    1 in this area

    27 Total Sales

    JR McKee
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Map

Source: MLSListings

MLS Number: ML81946053

MLSListings

APN: 303-35-050

California Santa Clara County San Jose 95117 Santana Row

518 Cypress Ave, San Jose, CA

This home is located at 518 Cypress Ave, San Jose, CA 95117 since 24 October 2023 and is currently priced at $1,928,402. This property was built in 1956. 518 Cypress Ave is a home located in Santa Clara County with nearby schools including Del Mar High School, Lynhaven Elementary School, and Monroe Middle School.

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