NOT LISTED FOR SALE

55 E Empire St San Jose, CA 95112

Japantown Neighborhood

Estimated Value: $2,120,950

Studio
4 Baths
4,300 Sq Ft
$493/Sq Ft Est. Value

Last Sold April 02, 2018

Last sale price $1,850,000 $430 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $13,312/month

About This Home

Currently 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.

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
$2,120,950

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
Source: Public Records
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $658,000
Previous Owner Southern Richard T $394,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/02/2018 04/02/18 Sold $1,850,000 0.0% $430 / Sq Ft View Prior Sale
04/02/2018 04/02/18 Sold $1,850,000 -2.1% $430 / Sq Ft View Prior Sale
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

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

    Seller's Agent in 2018

    Hanh Quach

    Intero Real Estate Services

    (408) 357-6140

    11 Total Sales

    Hanh Quach
    Section Image
  • Wayne Wang

    Buyer's Agent in 2018

    Wayne Wang

    Aillion Realty Inc.

    (510) 366-1986

    62 Total Sales

    Wayne Wang
    Section Image
See All Agents

Map

California Santa Clara County San Jose 95112 Japantown

55 E Empire St, San Jose, CA

Not Listed for Sale

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.