NOT LISTED FOR SALE

5540 Playa Del Rey San Jose, CA 95123

Playa Del Rey Neighborhood

Estimated Value: $1,410,000 - $1,665,000

3 Beds
2 Baths
1,170 Sq Ft
$1,275/Sq Ft Est. Value

Last Sold July 29, 2017

Last sale price $770,000 $658 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,076/month

11 Days on Market

Highlights

  • Two Way Fireplace
  • Dining Room
  • 4-minute walk to Playa del Rey Park
  • Forced Air Heating System
  • 1-Story Property

About This Home

As of July 2017

Home just went pending 07/01/2017 @ 1:30pmopen house cancelled. A commuters dream! Easy access to 85 & 87, Almaden and Capital Expressways. Wonderful curb appeal with beautiful paver driveway and entry walkway...plus a front porch to watch the world go by! What makes this home stand above competition is it's "elbow" room with it's almost 7500' lot. Built in pool with solar heating plus plenty of useful backyard! If a pool isn't your thing, take it out and you'll have a massive backyard! Owners have consistently updated and upgraded home throughout their years of pride of ownership...including insulating all exterior walls, updated windows, and furnace installed 3 years ago plus there's is a "whole house" fan! Updated hall bathroom with new tub enclosure, roomy kitchen with inside laundry and pantry. The enclosed side yard boasts enough room to park BOTH a boat and a 30' RV or this area could be used as wonderful extension of the existing backyard.

Last Agent to Sell the Property

Steve Armstrong

Fireside Realty License #00574996 Listed on: 06/20/2017

Fireside Realty

Last Buyer's Agent

Ali Nikfarjam

Intero Real Estate Services License #01955177

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,529

Year Built

  • Built in 1962

Lot Details

  • 7,479 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 2 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,170 Sq Ft Home
  • 1-Story Property
  • Two Way Fireplace
  • Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 464-25-002

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,529

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 55
  • Listing Class: Residential
  • Structure Sq Ft: 1170
  • Year Built: 1962
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Dual See Thru
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1170
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 464-25-002
  • Lot Acres: 0.1717
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7480.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7480.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 24, 2022
Sold by
Bastani and Sima
Bought by
Didari Sima
Current Estimated Value
$1,492,193

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Outstanding Balance
$619,351
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$872,842

Purchase Details

Listed on
Jun 20, 2017
Closed on
Jul 18, 2017
Sold by
Cassingham David and Cassingham Neva J
Bought by
Bastani Yaser and Didari Sima
Seller's Agent
Steve Armstrong
Fireside Realty
Buyer's Agent
Ali Nikfarjam
Intero Real Estate Services
List Price
$769,000
Sold Price
$770,000
Premium/Discount to List
$1,000
0.13%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$616,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 14, 2016
Sold by
Cassingham Neva J and Cassingham David
Bought by
Cassingham David and Cassingham Neva J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,700
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 15, 2002
Sold by
Cassingham David and Cassingham Neva J
Bought by
Cassingham David and Cassingham Neva J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,750
Interest Rate
6.43%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Dec 15, 1993
Sold by
Lintt Barry D and Lintt Vicki
Bought by
Cassingham David and Cassingham Neva J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Didari Sima -- Old Republic Title
Bastani Yaser $770,000 Chicago Title Company
Cassingham David -- Wfg National Title
Cassingham David -- Fidelity National Title Ins
Cassingham David -- North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Didari Sima $650,000
Previous Owner Bastani Yaser $532,148
Previous Owner Bastani Yaser $616,000
Previous Owner Cassingham David $499,700
Previous Owner Cassingham David $508,000
Previous Owner Cassingham David $451,000
Previous Owner Cassingham David $345,750
Previous Owner Cassingham David $382,500
Previous Owner Cassingham David $47,000
Previous Owner Cassingham David $252,000
Previous Owner Cassingham David $158,400
Closed Cassingham David $29,700
Closed Cassingham David $69,150
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/29/2017 07/29/17 Sold $770,000 +0.1% $658 / Sq Ft
07/02/2017 07/02/17 Pending -- -- --
06/20/2017 06/20/17 For Sale $769,000 -- $657 / 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 $11,529 $876,122 $700,900 $175,222
2024 $11,529 $858,944 $687,157 $171,787
2023 $11,304 $842,103 $673,684 $168,419
2022 $11,196 $825,592 $660,475 $165,117
2021 $10,957 $809,405 $647,525 $161,880
2020 $10,706 $801,107 $640,886 $160,221
2019 $10,473 $785,400 $628,320 $157,080
2018 $10,366 $770,000 $616,000 $154,000
2017 $4,503 $278,579 $177,821 $100,758
2016 $4,354 $273,118 $174,335 $98,783
2015 $4,312 $269,017 $171,717 $97,300
2014 $3,829 $263,749 $168,354 $95,395
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2017

    Steve Armstrong

    Fireside Realty

    Section Image
  • Ali Nikfarjam

    Buyer's Agent in 2017

    Ali Nikfarjam

    Intero Real Estate Services

    (408) 663-3670

    5 Total Sales

    Ali Nikfarjam
    Section Image
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Map

Source: MLSListings

MLS Number: ML81656767

MLSListings

APN: 464-25-002

California Santa Clara County San Jose 95123 Playa Del Rey

5540 Playa Del Rey, San Jose, CA

This home is located at 5540 Playa Del Rey, San Jose, CA 95123 since 20 June 2017 and is currently estimated at $1,492,193, approximately $1,275 per square foot. This property was built in 1962. 5540 Playa Del Rey is a home located in Santa Clara County with nearby schools including Rachel Carson Elementary School, Castillero Middle School, and Gunderson High School.

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