NOT LISTED FOR SALE

5506 Spinnaker Dr Unit 1 San Jose, CA 95123

Oak Grove Neighborhood

Estimated Value: $491,169 - $500,000

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

Last Sold February 25, 2016

Last sale price $331,000 $409 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $3,081/month

12 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Forced Air Heating System
  • 1 Car Detached Garage
  • Tile Flooring
  • Combination Dining and Living Room

About This Home

As of February 2016

Why Rent and you can Buy at this price? This condo is nice and almost move in ready unit with no stairs! on a ground floor 2 beds, 1 bath with a car garage and recently updated a couples of years ago. Low HOA apx $297/mo. Located in nice treeline Blossom Hill Estate community with pool. Laundry on site-coin operated. Dual Pane Windows, Pergo Flooring throughout the living room, kitchen, and bedrooms.Ceiling Fans. Tile flooring with enclosed glass shower. Easy access to Freeway 87, 85 route, and only less than 15 mins from Westfield Mall and nearby shops.

Last Agent to Sell the Property

Ann Thai

Intero Real Estate Services License #01361179 Listed on: 02/05/2016

Intero Real Estate Services

Last Buyer's Agent

Ann Thai

Intero Real Estate Services License #01361179 Listed on: 02/05/2016

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,414

Year Built

  • Built in 1970

Lot Details

  • 1,742

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Eat-In Kitchen

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 690-19-025

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, roof
  • Blossom Hill Estate Association
  • Built by Blossom Hill Estate

Amenities

  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,414

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 46
  • Listing Class: Residential
  • Structure Sq Ft: 810
  • Complex Name: Blossom Hill Estate
  • Incorporated: Yes
  • Year Built: 1970
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Living Sq Ft: 810
  • Stories: 1
  • Laundry: Coin Operated
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility
  • Roof: Shingle
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Off-Street Parking

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 297
  • HOA Amenities: Community Pool
  • Association Fees Include: Common Area Electricity, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Blossom Hill Estate
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 690-19-025
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1750.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2016
Closed on
Feb 23, 2016
Sold by
Schmidt Jens Heinrich and Schmidt Lisa Marguerite
Bought by
Bola Gurcharan Kaur and Bola Amrik Singh
Seller's Agent
Ann Thai
Intero Real Estate Services
Buyer's Agent
Ann Thai
Intero Real Estate Services
List Price
$305,000
Sold Price
$331,000
Premium/Discount to List
$26,000
8.52%
Current Estimated Value
$494,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$163,042
Avg. Annual Appreciation
4.25%

Purchase Details

Closed on
Jun 28, 2010
Sold by
Bac Home Loans Servicing Lp
Bought by
Schmidt Jens Heinrich and Schmidt Lisa Marguerite

Purchase Details

Closed on
Mar 17, 2010
Sold by
Vergara Jose
Bought by
Bac Home Loans Servicing Lp

Purchase Details

Closed on
Jan 31, 2006
Sold by
Melanson Jerry P and Melanson Gabriella M
Bought by
Vergara Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,400
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 4, 2005
Sold by
Melanson Jerry P and Melanson Gabriella
Bought by
Melanson Jerry P and Melanson Gabriella M

Purchase Details

Closed on
Jul 23, 1997
Sold by
John Cruz Ignacio
Bought by
Melanson Jerry P and Melanson Gabriella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
7.58%

Purchase Details

Closed on
Jun 16, 1995
Sold by
Cruz Ignacio John
Bought by
Ryder Kimberly Luanne and Cruz Ignacio John
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
Bola Gurcharan Kaur $331,000 Orange Coast Title Co Norcal
Schmidt Jens Heinrich $155,000 Chicago Title Company
Bac Home Loans Servicing Lp $143,955 Accommodation
Vergara Jose $358,000 Chicago Title Co
Melanson Jerry P -- --
Melanson Jerry P $115,000 All Cal Title Company
Cruz Ignacio John -- All Cal Title Company
Ryder Kimberly Luanne -- All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Vergara Jose $286,400
Previous Owner Melanson Jerry P $111,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/25/2016 02/25/16 Sold $331,000 +8.5% $409 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
02/05/2016 02/05/16 For Sale $305,000 -- $377 / 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 $5,414 $391,828 $195,914 $195,914
2024 $5,414 $384,146 $192,073 $192,073
2023 $5,331 $376,614 $188,307 $188,307
2022 $5,318 $369,230 $184,615 $184,615
2021 $5,251 $361,992 $180,996 $180,996
2020 $5,173 $358,282 $179,141 $179,141
2019 $5,069 $351,258 $175,629 $175,629
2018 $5,042 $344,372 $172,186 $172,186
2017 $4,977 $337,620 $168,810 $168,810
2016 $2,662 $167,748 $83,874 $83,874
2015 $2,597 $165,230 $82,615 $82,615
2014 $2,444 $161,994 $80,997 $80,997
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81549509

MLSListings

APN: 690-19-025