NOT LISTED FOR SALE

5500 Morningside Dr Unit 2 San Jose, CA 95138

Silver Creek Neighborhood

Estimated Value: $4,255,000 - $5,481,000

4 Beds
4.5 Baths
5,731 Sq Ft
$870/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $2,887,500 $504 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $30,625/month

318 Days on Market

Highlights

  • Golf Course Community
  • Fitness Center
  • Panoramic View
  • Silver Oak Elementary School Rated A-
  • Wine Cellar
  • Clubhouse

About This Home

As of November 2016

PRICE REDUCED, INCREDIBLE VALUE! This custom estate with wonderful pastoral views is one of the finest in Silver Creek Valley Country Club. A dramatic staircase, abundant millwork detailing, heated marble slab floors, custom wool carpeting, numerous crystal chandeliers, glazed walls & cabinetry, marble at all 4.5 baths, cherry wood library & 3 custom fireplaces all blend in luxury. The spacious grounds include entry gates, Koi pond, gazebo with fire pit, large fountain with edgeless design & sport court. Move-in condition. Spectacular!

Last Agent to Sell the Property

Scott Kliewer

Intero Real Estate Services License #70012088 Listed on: 11/06/2015

Intero Real Estate Services

Last Buyer's Agent

Kate Davey

Davey & Associates Real Estate, Inc. License #00614262

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $44,104

Year Built

  • Built in 2000

Lot Details

  • 0.39 Acre Lot
  • Sprinklers on Timer
  • Mostly Level
  • Back Yard Fenced
  • Zoning described as A-PD

Parking

  • 4 Car Attached Garage
  • Garage Door Opener

Property Views

  • Panoramic
  • Mountain
  • Hills

Home Design

  • Mediterranean Architecture
  • Wood Frame Construction
  • Tile Roof
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 5,731 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Whole House Fan
  • 3 Fireplaces
  • Wood Burning Fireplace
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Formal Dining Room
  • Library
  • Bonus Room
  • Monitored

Kitchen

  • Built-In Self-Cleaning Double Oven
  • Electric Oven
  • Gas Cooktop
  • Warming Drawer
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Marble Bathroom Countertops
  • Dual Sinks
  • Hydromassage or Jetted Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony
  • Fire Pit
  • Gazebo

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Tankless Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 680-34-029

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include insurance - common area, maintenance - common area, maintenance - road, management fee, reserves
  • Community Management Services, Inc. Association
  • Built by Silver Creek Valley Country Club
  • The community has rules related to parking rules

Amenities

  • Clubhouse

Recreation

  • Golf Course Community
  • Tennis Courts
  • Fitness Center

Home Details

Home Type

Single Family

Est. Annual Taxes

$44,104

Year Built

Built in 2000

Lot Details

0

Parking

4

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Restrictions: Parking Restrictions
  • Age: 15
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 1550
  • Structure Sq Ft: 5731
  • Complex Name: Silver Creek Valley Country Club
  • Year Built: 2000
  • Zoning Description: A-PD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Built-In, Oven - Double, Oven - Electric, Oven - Self Cleaning, Pantry, Refrigerator, Trash Compactor, Warming Drawer
  • Living Sq Ft: 5731
  • Stories: 2
  • Security: Security Alarm, Video / Audio System
  • Laundry: Hookups Only
  • Flooring: Carpet, Marble, Tile
  • Additional Rooms: Bonus / Hobby Room, Formal Entry, Laundry Room, Library, Wine Cellar / Storage
  • Fireplaces Min: 3
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Marble, Stall Shower, Tub with Jets
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Concrete, Tile
  • View: Hills, Mountains, Panoramic
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Fire Pit, Gazebo, Sprinklers - Auto
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 4
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Parking Restrictions

Utilities

  • Cooling System: Central AC, Multi-Zone, Whole House / Attic Fan
  • Heating System: Forced Air, Heating - 2+ Units, Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 120
  • HOA Amenities: Club House, Golf Course, Gym / Exercise Facility, Tennis Court / Facility
  • Association Fees Include: Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Management Fee, Reserves
  • H O A Name Text: Community Management Services, Inc.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: East Side Union High
  • Elementary School: Silver Oak Elementary
  • Middle School: Chaboya Middle
  • High School: Silver Creek High
  • High School: 253
  • Elementary School: 354
  • Middle School: 352

Lot Info

  • Lot Description: Grade - Mostly Level, Views
  • Parcel Number: 680-34-029
  • Lot Acres: 0.3860
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 16806.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 16806.00

Green Features

  • Energy Features: Double Pane Windows, Tankless Water Heater, Whole House Fan

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Silver Oak Elementary
  • High School Text: Silver Creek High
  • Middle School Text: Chaboya Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2015
Closed on
Oct 20, 2016
Sold by
Tran Dung and Tran Thao P
Bought by
Jately Rohit and Mujoo Meenakshi
Seller's Agent
Scott Kliewer
Intero Real Estate Services
Buyer's Agent
Kate Davey
Davey & Associates Real Estate, Inc.
List Price
$3,800,000
Sold Price
$2,887,500
Premium/Discount to List
-$912,500
-24.01%
Current Estimated Value
$4,984,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,097,217
Avg. Annual Appreciation
6.36%
Original Mortgage
$2,000,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 28, 2012
Sold by
Tran Dung and Tran Thao P
Bought by
Tran Dung and Tran Thao P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
3.36%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2008
Sold by
Tran Dung and Tran Thao P
Bought by
Tran Dung and Tran Thao P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 26, 2007
Sold by
Tran Dung and Tran Thao P
Bought by
Tran Dung and Tran Thao P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
6.05%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 2, 2005
Sold by
Tran Dung and Tran Thao P
Bought by
Tran Dung and Tran Thao P

Purchase Details

Closed on
Dec 2, 2003
Sold by
Armstrong Mark and Armstrong Wendy
Bought by
Tran Dung A and Tran Thao P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2000
Sold by
Naylor James P and Naylor Michele L
Bought by
Armstrong Mark and Armstrong Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.95%

Purchase Details

Closed on
Nov 21, 1996
Sold by
Shea Homes Ltd Partnership
Bought by
Naylor James P and Naylor Michele L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$157,500
Interest Rate
7.91%
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
Jately Rohit -- Chicago Title Company
Tran Dung -- Chicago Title
Tran Dung -- Chicago Title Company
Tran Dung -- None Available
Tran Dung -- Stewart Title Guaranty Co
Tran Dung -- Stewart Title Guaranty Co
Tran Dung A $2,450,000 Stewart Title Of California
Armstrong Mark $1,575,000 Financial Title Company
Naylor James P $259,500 Golden California Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jately Rohit $1,766,500
Closed Jately Rohit $2,000,000
Previous Owner Tran Dung $575,000
Previous Owner Tran Dung $800,000
Previous Owner Tran Dung $729,000
Previous Owner Tran Dung $500,000
Previous Owner Tran Dung $1,000,000
Previous Owner Tran Dung A $625,000
Previous Owner Armstrong Mark $322,700
Previous Owner Armstrong Mark $300,700
Previous Owner Armstrong Mark $300,700
Previous Owner Armstrong Mark $275,000
Previous Owner Armstrong Mark $275,000
Previous Owner Armstrong Mark $252,700
Previous Owner Armstrong Mark $200,000
Previous Owner Naylor James $895,350
Previous Owner Naylor James P $157,500
Closed Tran Dung A $1,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2016 11/03/16 Sold $2,887,500 -11.2% $504 / Sq Ft
09/20/2016 09/20/16 Pending -- -- --
06/10/2016 06/10/16 Price Changed $3,250,000 -8.5% $567 / Sq Ft
03/03/2016 03/03/16 Price Changed $3,550,000 -6.6% $619 / Sq Ft
11/06/2015 11/06/15 For Sale $3,800,000 -- $663 / 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 $44,104 $3,351,187 $1,610,310 $1,740,877
2024 $44,104 $3,285,479 $1,578,736 $1,706,743
2023 $43,372 $3,221,059 $1,547,781 $1,673,278
2022 $43,165 $3,157,902 $1,517,433 $1,640,469
2021 $42,586 $3,095,983 $1,487,680 $1,608,303
2020 $40,711 $3,064,238 $1,472,426 $1,591,812
2019 $39,790 $3,004,155 $1,443,555 $1,560,600
2018 $39,529 $2,945,250 $1,415,250 $1,530,000
2017 $38,894 $2,887,500 $1,387,500 $1,500,000
2016 $39,131 $2,942,556 $1,177,021 $1,765,535
2015 $36,842 $2,753,900 $1,101,600 $1,652,300
2014 $34,513 $2,648,000 $1,059,200 $1,588,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81521846

MLSListings

APN: 680-34-029