Seller's Agent in 2018
Hanh Quach
Intero Real Estate Services
(408) 357-6140
14 Total Sales
55 E Empire St San Jose, CA 95112
Japantown NeighborhoodEstimated Value: $2,120,950
--
Bed
4
Baths
4,300
Sq Ft
$493/Sq Ft
Est. Value
Highlights
- 0.29 Acre Lot
- Forced Air Heating System
- 3-minute walk to Japantown/Ayer Station
About This Home
As of April 2018Currently being used as owner occupied law office. Very charming property which has character and craftsmanship located in beautiful area of North Downtown San Jose . Open floor plan, many rooms which make easier to lease to attorney(s)-CPA-accounting and many other businesses. Within 1 mile from Superior Court house. Approx. 2 mile from San Jose State University. Zoning RM - verify with city of San Jose for land usage to maximize your potential rent income. The Borchers Family Mansion was originally built in 1917 for the owners of Borchers Brothers Building Supply on North First Street in San Jose, California. The Borchers Family Mansion is a landmark building and an outstanding example of craftsmanship build during World War I prior to United States involvement. The large two-story Mediterranean style building features oversize wood framing, lath and plaster walls, hardwood floors, leaded glass, and exceptional mahogany wood fittings and trim throughout.
Last Agent to Sell the Property
Intero Real Estate Services License #01062257 Listed on: 02/09/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $25,876
Year Built
- 1917
Lot Details
- 0.29 Acre Lot
Home Design
- Tile Roof
Interior Spaces
- 4,300 Sq Ft Home
- 2-Story Property
Parking
- 10 Parking Spaces
- No Garage
- Off-Street Parking
Utilities
- Forced Air Heating System
- Sewer Within 50 Feet
Community Details
Overview
Building Details
- 5 Leased Units
- Insurance Expense $3,000
- Operating Expense $17,780
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 9, 2024
Sold by
Empire 55 Llc
Bought by
2011 Wei Xiao Revocable Trust and Xiao
Current Estimated Value
Purchase Details
Closed on
Jan 22, 2021
Sold by
Garcia Maria Dolores
Bought by
Andres Manjarrez And Maria Dolores Garcia Rev and Garcia
Purchase Details
Closed on
Aug 20, 2018
Sold by
Pei Zhi
Bought by
Empire 55 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
4.5%
Mortgage Type
Commercial
Purchase Details
Listed on
Feb 9, 2018
Closed on
Mar 22, 2018
Sold by
Do Tron D and Nguyen Phoung K
Bought by
Pei Zhi
Seller's Agent
Hanh Quach
Intero Real Estate Services
Buyer's Agent
Wayne Wang
Aillion Realty Inc.
List Price
$1,889,000
Sold Price
$1,850,000
Premium/Discount to List
-$39,000
-2.06%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,050,000
Interest Rate
4.38%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 3, 2005
Sold by
Southern Richard T and Post Dan W
Bought by
Do Tron D and Nguyen Phuong K
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$658,000
Interest Rate
5.79%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 26, 1999
Sold by
Post Traci L
Bought by
Post Dan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
6.63%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 22, 1999
Sold by
Adult & Child Guidance Clinic Of Santa
Bought by
Southern Richard T and Post Dan W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,000
Interest Rate
6.63%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 2011 Wei Xiao Revocable Trust | $1,220,000 | None Listed On Document | |
| Andres Manjarrez And Maria Dolores Garcia Rev | -- | Pogue Steven R | |
| Garcia Maria Dolores | -- | None Available | |
| Empire 55 Llc | -- | Fidelity National Title Co | |
| Pei Zhi | $1,850,000 | First American Title Co | |
| Do Tron D | $940,000 | First American Title Company | |
| Post Dan W | -- | North American Title Co | |
| Southern Richard T | -- | North American Title Co | |
| Southern Richard T | $525,000 | North American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Empire 55 Llc | $1,100,000 | |
| Previous Owner | Pei Zhi | $1,050,000 | |
| Previous Owner | Do Tron D | $800,000 | |
| Previous Owner | Do Tron D | $500,000 | |
| Previous Owner | Do Tron D | $658,000 | |
| Previous Owner | Southern Richard T | $394,000 | |
| Previous Owner | Adult & Child Guidance Clinic Of Santa C | $100,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/02/2018 04/02/18 | Sold | $1,850,000 | 0.0% | $430 / Sq Ft |
| 04/02/2018 04/02/18 | Sold | $1,850,000 | -2.1% | $430 / Sq Ft |
| 03/21/2018 03/21/18 | Pending | -- | -- | -- |
| 03/14/2018 03/14/18 | Pending | -- | -- | -- |
| 02/09/2018 02/09/18 | For Sale | $1,889,000 | 0.0% | $439 / Sq Ft |
| 10/20/2017 10/20/17 | For Sale | $1,889,000 | -- | $439 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
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 | $25,876 | $2,104,980 | $1,365,393 | $739,587 |
| 2024 | $25,876 | $2,063,707 | $1,338,621 | $725,086 |
| 2023 | $24,604 | $2,023,243 | $1,312,374 | $710,869 |
| 2022 | $24,390 | $1,983,573 | $1,286,642 | $696,931 |
| 2021 | $23,941 | $1,944,680 | $1,261,414 | $683,266 |
| 2020 | $23,644 | $1,924,740 | $1,248,480 | $676,260 |
| 2019 | $23,222 | $1,887,000 | $1,224,000 | $663,000 |
| 2018 | $14,898 | $1,151,552 | $771,787 | $379,765 |
| 2017 | $14,790 | $1,128,973 | $756,654 | $372,319 |
| 2016 | $14,777 | $1,106,837 | $741,818 | $365,019 |
| 2015 | $14,598 | $1,090,213 | $730,676 | $359,537 |
| 2014 | $14,418 | $1,068,859 | $716,364 | $352,495 |
Source: Public Records
Agents Affiliated with this Home
-
Hanh Quach
-
Wayne Wang
Buyer's Agent in 2018
Wayne Wang
Aillion Realty Inc.
(510) 366-1986
59 Total Sales
Map
Source: MLSListings
MLS Number: ML81692017
APN: 249-43-018
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