NOT LISTED FOR SALE

5474 Spinnaker Ww Unit 2 San Jose, CA 95123

Oak Grove Neighborhood

Estimated Value: $501,864 - $615,000

2 Beds
1 Bath
903 Sq Ft
1,742 Sq Ft Lot

Last Sold November 14, 2012

Last sale price $230,000 $255 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,225/month

4 Days on Market

Highlights

  • Neighborhood Views
  • Double Pane Windows
  • Walk-in Shower
  • Community Pool
  • Bathtub
  • 3-minute walk to Coy Park

About This Home

As of November 2012

Brand new kitchen, brand new dual pane windows, new mini-blinds, ready to move in.

Last Agent to Sell the Property

Simon Chen

Buffalo RE Inc License #01334367 Listed on: 10/09/2012

Last Buyer's Agent

Kristin Marquez

A. C. Madison RE Svcs. License #01889905

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,009

Year Built

  • Built in 1970

Lot Details

  • 1,742

Parking

  • 1 Carport Space

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 903 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 690-18-166

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, garbage, insurance - common area
  • Blossom Hill Estates Association
  • Car Wash Area

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,009

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 42
  • Sale Price Per Sq Ft: 254.71
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 2
  • Structure Sq Ft: 903
  • Barclay Horizontal: 47
  • Barclays Page: 86
  • Incorporated: Yes
  • Map Book Page: 874
  • Map Book Page Secondary: 86
  • Map Side Coordinate: 3
  • Map Side Coordinate Secondary: 55
  • Map Top Coordinate: J
  • Map Top Coordinate Secondary: 47
  • Thomas Bros Page: 874
  • Thomas Brothers: J3
  • Year Built: 1970
  • Zoning Description: R18P
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range
  • Living Sq Ft: 903
  • Stories: 2
  • Laundry: Laundry Facility - Coin-Op
  • Flooring: Laminate, Carpet - Wall to Wall
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 1, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile
  • View: Local/Neighborhood

Garage/Parking

  • Carport Max: 1
  • Carport Min: 1

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 265
  • HOA Amenities: Car Wash Area, Community Pool
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Garbage, Insurance - Common Area
  • H O A Name Text: Blossom Hill Estates
  • Levels In Unit: 2
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 690-18-166
  • List Price per Sq Ft: 245.85
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1750.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1750.00
  • Lot Size Area Min Search: 1750.00
  • Maximum Lot Size: 1750.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 9, 2012
Closed on
Oct 25, 2012
Sold by
Lmba Llc
Bought by
Razz Sarah Noelle
Seller's Agent
Simon Chen
Buffalo RE Inc
Buyer's Agent
Kristin Marquez
A. C. Madison RE Svcs.
List Price
$222,000
Sold Price
$230,000
Premium/Discount to List
$8,000
3.6%
Current Estimated Value
$543,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$313,216
Avg. Annual Appreciation
6.89%
Original Mortgage
$184,000
Outstanding Balance
$126,846
Interest Rate
3.34%
Mortgage Type
New Conventional
Estimated Equity
$416,370

Purchase Details

Closed on
May 12, 2011
Sold by
Hsieh Fan Long Sheng and Hsieh Fan Mei Jane
Bought by
Lmba Llc

Purchase Details

Closed on
Sep 23, 2010
Sold by
Union Bank N A
Bought by
Hsieh Fan Long Sheng and Hsieh Fan Mei Jane

Purchase Details

Closed on
Mar 29, 2010
Sold by
Mercado Florencio
Bought by
Union Bank Na and Union Bank Of California Na

Purchase Details

Closed on
May 21, 1999
Sold by
Banisalam Farhad And Fahimeh A Trustee
Bought by
Mercado Florencio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,850
Interest Rate
6.86%

Purchase Details

Closed on
Mar 23, 1998
Sold by
Banisalam Farhad and Banisalam Fahimeh
Bought by
Banisalam Farhad and Banisalam Fahimeh A

Purchase Details

Closed on
Nov 22, 1996
Sold by
Kassai Seyed A and Kassai Sima S
Bought by
Banisalam Farhad and Banisalam Fahimeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$76,800
Interest Rate
7.67%
Source: Public Records

Range of Values:

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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
Razz Sarah Noelle $230,000 Chicago Title Company
Lmba Llc -- None Available
Hsieh Fan Long Sheng $160,000 Fidelity National Title Co
Union Bank Na $154,380 Pacific Coast Title
Mercado Florencio $143,000 Fidelity National Title Co
Mercado Florencio -- Fidelity National Title Co
Banisalam Farhad -- --
Banisalam Farhad $96,000 Golden California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Razz Sarah Noelle $184,000
Previous Owner Mercado Florencio $135,850
Previous Owner Banisalam Farhad $76,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/14/2012 11/14/12 Sold $230,000 +3.6% $255 / Sq Ft
10/13/2012 10/13/12 Pending -- -- --
10/09/2012 10/09/12 For Sale $222,000 -- $246 / 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 $4,009 $283,216 $141,608 $141,608
2024 $4,009 $277,664 $138,832 $138,832
2023 $3,939 $272,220 $136,110 $136,110
2022 $3,932 $266,884 $133,442 $133,442
2021 $3,874 $261,652 $130,826 $130,826
2020 $3,816 $258,970 $129,485 $129,485
2019 $3,738 $253,894 $126,947 $126,947
2018 $3,714 $248,916 $124,458 $124,458
2017 $3,664 $244,036 $122,018 $122,018
2016 $3,480 $239,252 $119,626 $119,626
2015 $3,395 $235,660 $117,830 $117,830
2014 $3,206 $231,044 $115,522 $115,522
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81237121

MLSListings

APN: 690-18-166