NOT LISTED FOR SALE

5255 Cherry Gate Ln San Jose, CA 95136

Hayes Neighborhood

Estimated Value: $811,000 - $864,611

2 Beds
2.5 Baths
1,228 Sq Ft
$325/mo HOA Fee

Last Sold May 16, 2018

Last sale price $731,000 $595 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $5,840/month

4 Days on Market

Highlights

  • Two Primary Bedrooms
  • Balcony
  • Tile Countertops
  • Community Pool
  • Bathtub with Shower
  • 2-minute walk to Chynoweth Park

About This Home

As of May 2018

Gorgeous townhouse in the sought after Mansion Park community. Spacious open style floor plan with modern look laminated floor leading to the gated front patio. Front patio with eco friendly artificial lawn and garden box. Slate fire place with built-in shelving. Kitchen features stainless steel appliances and tile floor. Downstairs half bath is perfect for visiting guests. Laundry area is conveniently located upstairs.   2 spacious master suites were recently painted.  One of the suites comes with dual sinks vanity and balcony with storage. Extra storage under the stair case and upstairs hall way. And attached 1-car garage with entrance close to kitchen added extra convenience for home owners after grocery shopping. Located in the private interior part of the community. Multiple parks nearby. Easy access to HWY 101, 85, 87 and shopping centers.  This home is a must see!!!

Last Agent to Sell the Property

Cynthia Cheung

KW Bay Area Estates Saratoga License #01784483 Listed on: 04/20/2018

KW Bay Area Estates Saratoga

Last Buyer's Agent

The Hanna Group

Intero Real Estate Services License #70010080

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,665

Year Built

  • Built in 1988

Lot Details

  • 549

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Unassigned Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 1,228 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in unit

Kitchen

  • Electric Oven
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 685-29-057

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves, water
  • 100 Units
  • Mansion Park Association
  • Built by Mansion Park
  • The community has rules related to parking rules

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,665

Year Built

Built in 1988

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Guest Restrictions, Parking Restrictions, Pets - Allowed
  • Age: 30
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 100
  • Structure Sq Ft: 1228
  • Complex Name: Mansion Park
  • Incorporated: Yes
  • Year Built: 1988
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Tile, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1228
  • Stories: 2
  • Bedrooms: More than One Primary Bedroom
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Half on Ground Floor, Shower and Tub, Tub in Primary Bedroom
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Parking Restrictions, Unassigned Spaces

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 325
  • HOA Amenities: Community Pool
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves, Water
  • H O A Name Text: Mansion Park
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 685-29-057
  • Lot Acres: 0.0126
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 548.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 548.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2018
Closed on
May 12, 2018
Sold by
Jacinto Michael and Jacinto Iris
Bought by
Shome Prasanjit and Shome Rima
Seller's Agent
Cynthia Cheung
KW Bay Area Estates Saratoga
Buyer's Agent
The Hanna Group
Intero Real Estate Services
List Price
$649,000
Sold Price
$731,000
Premium/Discount to List
$82,000
12.63%
Current Estimated Value
$844,773

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$113,773
Avg. Annual Appreciation
2.20%
Original Mortgage
$584,800
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Oct 19, 2015
Closed on
Nov 19, 2015
Sold by
Kuster John and Kuster Rosemarie
Bought by
Jacinto Michael and Jacinto Iris
Seller's Agent
Susan Caballero
Nick Sadek Sotheby's Internati
Buyer's Agent
Anissa Burnley
Compass
List Price
$499,000
Sold Price
$550,500
Premium/Discount to List
$51,500
10.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.43%
Original Mortgage
$495,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2013
Closed on
Nov 21, 2013
Sold by
Amato Mike
Bought by
Kuster John and Kuster Rosemarie
Seller's Agent
Jeremy Butler
Corcoran Icon Properties
Buyer's Agent
Susan Caballero
Intero Real Estate Services
List Price
$429,000
Sold Price
$399,000
Premium/Discount to List
-$30,000
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.00%
Original Mortgage
$299,250
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 20, 2003
Sold by
Ansari Fariborz H
Bought by
Ansari Fariborz H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 3, 2002
Sold by
Rivera Aldolfo and Sanchez Olivia
Bought by
Ansari Fariborz H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$248,000
Interest Rate
8.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1998
Sold by
Phillips Lynn D and Phillips Carole M
Bought by
Rivera Adolfo and Sanchez Olivia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$226,000
Interest Rate
6.91%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 8, 1994
Sold by
Moore Carole M and Phillips Carole M
Bought by
Phillips Lynn D and Phillips Carole M
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
Shome Prasanjit $731,000 Cornerstone Title Co
Jacinto Michael $551,000 Orange Coast Title Company
Kuster John $399,000 First American Title Company
Ansari Fariborz H -- Fidelity National Title Ins
Ansari Fariborz H -- Fidelity National Title Ins
Ansari Fariborz H $310,000 Fidelity National Title Co
Rivera Adolfo $226,000 Old Republic Title Company
Phillips Lynn D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shome Prasanjit $480,200
Closed Shome Prasanjit $584,800
Previous Owner Jacinto Michael $495,000
Previous Owner Kuster John $299,250
Previous Owner Ansari Fariborz H $13,000
Previous Owner Ansari Fariborz H $288,000
Previous Owner Ansari Fariborz H $272,000
Previous Owner Ansari Fariborz H $26,500
Previous Owner Ansari Fariborz H $248,000
Previous Owner Rivera Adolfo $226,000
Closed Ansari Fariborz H $46,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $731,000 +12.6% $595 / Sq Ft
04/25/2018 04/25/18 Pending -- -- --
04/20/2018 04/20/18 For Sale $649,000 +17.9% $529 / Sq Ft
12/14/2015 12/14/15 Sold $550,500 +10.3% $448 / Sq Ft
10/30/2015 10/30/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $499,000 +25.1% $406 / Sq Ft
11/27/2013 11/27/13 Sold $399,000 0.0% $325 / Sq Ft
10/25/2013 10/25/13 Pending -- -- --
10/10/2013 10/10/13 Price Changed $399,000 -7.0% $325 / Sq Ft
09/27/2013 09/27/13 For Sale $429,000 -- $349 / 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 $10,665 $815,440 $407,720 $407,720
2023 $10,528 $799,452 $399,726 $399,726
2022 $10,483 $783,778 $391,889 $391,889
2021 $9,231 $679,000 $339,500 $339,500
2020 $8,819 $651,000 $325,500 $325,500
2019 $10,009 $745,620 $372,810 $372,810
2018 $8,005 $573,000 $286,422 $286,578
2017 $7,905 $561,765 $280,806 $280,959
2016 $7,517 $550,750 $275,300 $275,450
2015 $5,637 $406,972 $203,486 $203,486
2014 $5,353 $399,000 $199,500 $199,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81701720

MLSListings

APN: 685-29-057