NOT LISTED FOR SALE

5524 Spinnaker Dr Unit 1 San Jose, CA 95123

Oak Grove Neighborhood

Estimated Value: $499,000 - $537,000

2 Beds
1 Bath
810 Sq Ft
$300/mo HOA Fee

Last Sold April 24, 2019

Last sale price $445,000 $549 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $3,642/month

32 Days on Market

Highlights

  • In Ground Pool
  • 1 Car Attached Garage
  • Bathtub with Shower
  • Granite Countertops
  • Breakfast Bar
  • Tile Flooring

About This Home

As of April 2019

Excellent first floor condominium. Two bedrooms one bath. Updated spacious kitchen with granite counter tops, tile backsplash, custom cabinets and tile floors. Dual pane windows,crown molding,ceiling fans, Central A/C and central heating, upgraded bathroom. Shared two car garage with extra parking spot for guest parking. Desirable blossom valley area, walking distance to Oak grove high school, close to shopping centers with easy access to freeway 101 and 85.

Last Agent to Sell the Property

Manuel Jaimes

Coldwell Banker Realty License #01723164 Listed on: 02/14/2019

Coldwell Banker Realty

Last Buyer's Agent

Harold Stephens

Intero Real Estate Services License #01954829

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,682

Year Built

  • Built in 1970

Lot Details

  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Whole House Fan
  • Ceiling Fan
  • Dining Room

Kitchen

  • Breakfast Bar
  • Electric Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Located Outside
  • Washer and Dryer

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 690-20-053

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, hot water, landscaping / gardening, pool spa or tennis, roof
  • Blossom Hill Estate Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,682

Year Built

Built in 1970

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 810
  • Year Built: 1970
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Bar, No Formal Dining Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Pantry
  • Living Sq Ft: 810
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor
  • Laundry: Outside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - In Ground
  • Roof: Tile
  • Yard/Grounds: Low Maintenance, Sprinklers - Auto
  • Pool: Yes
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Hot Water, Landscaping / Gardening, 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: 690-20-053
  • Lot Acres: 0.0722
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3146.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3146.00

Green Features

  • Energy Features: Whole House Fan

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters
  • Maximum Building Height: 1
  • 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
Feb 14, 2019
Closed on
Apr 23, 2019
Sold by
Lamas Frank J and Frank J Lamas Living Trust
Bought by
Avalos Lopez Olegario and Avalos Jessica
Seller's Agent
Manuel Jaimes
Coldwell Banker Realty
Buyer's Agent
Harold Stephens
Intero Real Estate Services
List Price
$439,000
Sold Price
$445,000
Premium/Discount to List
$6,000
1.37%
Current Estimated Value
$515,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$70,146
Avg. Annual Appreciation
2.32%
Original Mortgage
$422,750
Outstanding Balance
$373,185
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$141,961

Purchase Details

Closed on
Dec 28, 2015
Sold by
Lamas Frank J
Bought by
Lamas Frank J

Purchase Details

Closed on
Sep 27, 2005
Sold by
Lamas Frank and Lamas Yadira
Bought by
Lamas Frank J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 16, 2002
Sold by
Lamas Frank and Lamas Yadira
Bought by
Lamas Frank and Lamas Yadira

Purchase Details

Closed on
Jun 19, 2002
Sold by
Martin Ronald A and Martin Linda Marie
Bought by
Lamas Frank and Lamas Yadira

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,100
Interest Rate
6.86%

Purchase Details

Closed on
Nov 23, 1998
Sold by
Martin Ronald A and Martin Linda Marie
Bought by
Martin Ronald A and Martin Linda Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.84%

Purchase Details

Closed on
Sep 25, 1998
Sold by
Small Charles W and Small Aloha J
Bought by
Martin Ronald A and Martin Linda Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$96,000
Interest Rate
6.84%
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
Avalos Lopez Olegario $445,000 Wfg National Title Ins Co
Lamas Frank J -- None Available
Lamas Frank J -- Stewart Title Of California
Lamas Frank -- --
Lamas Frank $230,000 Chicago Title Co
Martin Ronald A -- Financial Title Company
Martin Ronald A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Avalos Lopez Olegario $422,750
Previous Owner Lamas Frank J $43,600
Previous Owner Lamas Frank J $250,000
Previous Owner Lamas Frank $222,770
Previous Owner Lamas Frank $223,100
Previous Owner Martin Ronald A $119,500
Previous Owner Martin Ronald A $96,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2019 04/24/19 Sold $445,000 +1.4% $549 / Sq Ft
03/19/2019 03/19/19 Pending -- -- --
02/14/2019 02/14/19 For Sale $439,000 -- $542 / 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 $6,682 $496,402 $248,201 $248,201
2024 $6,682 $486,670 $243,335 $243,335
2023 $6,587 $477,128 $238,564 $238,564
2022 $6,567 $467,774 $233,887 $233,887
2021 $6,492 $458,602 $229,301 $229,301
2020 $5,998 $423,000 $211,500 $211,500
2019 $4,380 $304,246 $152,025 $152,221
2018 $4,354 $298,282 $149,045 $149,237
2017 $4,296 $292,434 $146,123 $146,311
2016 $4,081 $286,701 $143,258 $143,443
2015 $3,877 $274,000 $136,900 $137,100
2014 $3,537 $258,000 $128,900 $129,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81739015

MLSListings

APN: 690-20-053