NOT LISTED FOR SALE

5251 Cherry Gate Ln San Jose, CA 95136

Hayes Neighborhood

Estimated Value: $596,391 - $756,000

1 Bed
1 Bath
891 Sq Ft
1,002 Sq Ft Lot

Last Sold March 28, 2016

Last sale price $445,000 $499 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $4,083/month

6 Days on Market

Highlights

  • In Ground Pool
  • Loft
  • Balcony
  • Vaulted Ceiling
  • Granite Countertops
  • 2-minute walk to Chynoweth Park

About This Home

As of March 2016

Unique opportunity. End unit 1 bedroom, 1 bathroom condo with full loft space, could very easily double as 2 bed condo. 891 sq ft but feels bigger. Loft is perfect for bedroom or home office. Living area has laminate floor with dual sliding doors to wrap around balcony. Granite counter tops in kitchen. Bedroom is large & has dual closets with carpet flooring. Bathroom is clean with tub shower. Additional storage underneath the stairs to the loft. The stairs takes you to the bright open loft spaces with two closets either side of the window. Inside laundry is upstairs in a large closet with additional space for hanging clothes. For an added bonus the condo comes with a 1 car parking garage which is located right underneath the condo. The condo has been recently painted and looks fantastic. I look forward to seeing you all at the at the open house this Saturday and Sunday from 1:30pm to 4pm. Feb 27th & 28th

Last Agent to Sell the Property

Michael Murphy

Upswing Real Estate License #01869087 Listed on: 02/25/2016

Upswing Real Estate

Co-Listed By

Phil Ma

Upswing Real Estate License #01343701

Last Buyer's Agent

Larry D Moreno

MGM Real Estate License #00688801

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,051

Year Built

  • Built in 1988

Lot Details

  • 1,002

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 891 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Loft
  • Alarm System
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Additional Features

  • Spa
  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 685-29-062

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, garbage, management fee, pool spa or tennis
  • 100 Units
  • Mansion Park Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,051

Year Built

Built in 1988

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 28
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 100
  • Structure Sq Ft: 891
  • Incorporated: Yes
  • Year Built: 1988
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 891
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Additional Rooms: Loft
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - In Ground, Spa / Hot Tub
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Common Parking Area, Detached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 293
  • Association Fees Include: Common Area Electricity, Garbage, Management Fee, Pool, Spa, or Tennis
  • H O A Name Text: Mansion Park
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 685-29-062
  • Lot Acres: 0.0230
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1001.88
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1001.88

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

Listed on
Feb 25, 2016
Closed on
Mar 22, 2016
Sold by
Ullrich Travis A
Bought by
Gilman Francis C and Gilman Vicki L
Seller's Agent
Michael Murphy
Upswing Real Estate
Buyer's Agent
Larry D Moreno
MGM Real Estate
List Price
$399,000
Sold Price
$445,000
Premium/Discount to List
$46,000
11.53%
Current Estimated Value
$659,098

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$214,098
Avg. Annual Appreciation
4.22%
Original Mortgage
$308,000
Outstanding Balance
$243,537
Interest Rate
3.62%
Mortgage Type
New Conventional
Estimated Equity
$415,561

Purchase Details

Closed on
Aug 8, 2012
Sold by
Skruch Deborah Helen and Shanan Deborah Helen
Bought by
Ulrich Travis A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$159,225
Interest Rate
3.87%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 13, 2006
Sold by
Chauncy Jonathan and Chauncy Diane
Bought by
Shahan Deborah Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$73,950
Interest Rate
6.04%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 18, 2002
Sold by
Chauncy Diane
Bought by
Chauncy Jonathan and Chauncy Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$234,000
Interest Rate
5.86%

Purchase Details

Closed on
Nov 15, 2001
Sold by
Chauncy Jonathan
Bought by
Chauncy Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.57%

Purchase Details

Closed on
Aug 24, 2001
Sold by
Chauncy Jonathan and Chauncy Diane
Bought by
Chauncy Jonathan and Chauncy Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.05%

Purchase Details

Closed on
Oct 11, 1999
Sold by
Steven Martin
Bought by
Chauncy Jonathan F and Chauncy Diane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.77%
Mortgage Type
VA

Purchase Details

Closed on
Apr 9, 1998
Sold by
Stang Gina L and Stang Scott E
Bought by
Martin Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Gilman Francis C $445,000 Fidelity National Title Co
Ulrich Travis A $165,000 Old Republic Title Company
Skruch Deborah Helen -- Old Republic Title Company
Shahan Deborah Helen $435,000 Chicago Title Company
Chauncy Jonathan -- Old Republic Title Company
Chauncy Diane -- Old Republic Title Company
Chauncy Jonathan -- Old Republic Title Company
Chauncy Jonathan F $210,000 First American Title Guarant
Martin Steven $175,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gilman Francis C $308,000
Previous Owner Ulrich Travis A $159,225
Previous Owner Shahan Deborah Helen $73,950
Previous Owner Chauncy Jonathan $234,000
Previous Owner Chauncy Diane $232,000
Previous Owner Chauncy Jonathan $232,000
Previous Owner Chauncy Jonathan F $203,000
Previous Owner Martin Steven $166,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/28/2016 03/28/16 Sold $445,000 +11.5% $499 / Sq Ft
03/03/2016 03/03/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $399,000 -- $448 / 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 $7,051 $526,784 $263,392 $263,392
2024 $7,051 $516,456 $258,228 $258,228
2023 $6,952 $506,330 $253,165 $253,165
2022 $6,929 $496,402 $248,201 $248,201
2021 $6,852 $486,670 $243,335 $243,335
2020 $6,747 $481,680 $240,840 $240,840
2019 $6,611 $472,236 $236,118 $236,118
2018 $6,579 $462,978 $231,489 $231,489
2017 $6,496 $453,900 $226,950 $226,950
2016 $2,711 $171,636 $85,818 $85,818
2015 $2,645 $169,058 $84,529 $84,529
2014 $2,490 $165,748 $82,874 $82,874
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81562373

MLSListings

APN: 685-29-062