NOT LISTED FOR SALE

5578 Spinnaker Dr Unit 4 San Jose, CA 95123

Oak Grove Neighborhood

Estimated Value: $505,000 - $540,000

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

Last Sold January 07, 2019

Last sale price $440,000 $551 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,716/month

15 Days on Market

Highlights

  • Unit is on the top floor
  • Contemporary Architecture
  • Neighborhood Views
  • Private Pool
  • End Unit
  • Balcony

About This Home

As of January 2019

Very nice 2bd & 1ba upstairs unit.This home has been extensively updated with new Laminate floors throughout. Remolded kitchen with new counter tops, Stainless Steel oven/range, dishwasher, oven hood/vent, garbage disposal. New wall air conditioner. New blinds installed over duel pane windows. New closet doors. This is a must see. Conveniently located in the Blossom Hill area. Easy access to Hwy 85, 87,101 & the light rail. Close to Kaiser Medical Hospital, Village Oaks & Oakridge Shopping Center and the new Costco. 2 car shared enclosed garage with extra storage area. Walking distance to Coy Park & the community Pool. Great unit for the first time buyer, investor, or someone looking to downsize. Well kept community.

Last Agent to Sell the Property

Jim Delong

Thurro Realty License #00920491 Listed on: 12/07/2018

Last Buyer's Agent

Jim Delong

Thurro Realty License #00920491 Listed on: 12/07/2018

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,615

Year Built

  • Built in 1970

Lot Details

  • No Common Walls
  • End Unit
  • Southeast Facing Home

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Uncovered Parking

Home Design

  • Contemporary Architecture
  • Mansard Roof Shape
  • Wood Frame Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 798 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • Neighborhood Views
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Self-Cleaning Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Formica Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

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

Outdoor Features

  • Private Pool
  • Balcony
  • Barbecue Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Additional Features

  • Energy-Efficient Insulation
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 690-23-036

Community Details

Overview

  • Association fees include garbage, hot water
  • Mb Homeowners Association
  • Built by Blossom HIll Estates

Security

  • Security Guard

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,615

Year Built

Built in 1970

Lot Details

0

HOA Fees

$300 per month

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Family Park
  • Age: 48
  • Listing Class: Residential
  • Maximum Unit Floor Number: 2
  • Max Numberof Unitsin Building: 4
  • Structure Sq Ft: 798
  • Complex Name: Blossom HIll Estates
  • Year Built: 1970
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Formica, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Oven - Self Cleaning, Oven Range - Electric
  • Living Sq Ft: 798
  • Stories: 1
  • Security: Security Guard
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Tile

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Mansard
  • View: Neighborhood
  • Yard/Grounds: Balcony / Patio, BBQ Area
  • Pool: Yes
  • Property Faces: Southeast
  • Construction Type: Stucco, Wood, Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Common Parking Area, Covered Parking, Uncovered Parking

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 300
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, CC&RS, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Hot Water
  • H O A Name Text: MB Homeowners
  • H O A Exist: Yes

Schools

  • School District: East Side Union High
  • Elementary School: Alex Anderson Elementary
  • Middle School: Bernal Intermediate
  • High School: Oak Grove High
  • High School: 249
  • Elementary School: 173
  • Middle School: 175

Lot Info

  • Parcel Number: 690-23-036
  • Lot Acres: 0.0402
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1750.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1750.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Walls Insulated

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Natural Gas, Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2
  • Unit Features: End Unit, No Common Wall, Top Floor or Penthouse

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Alex Anderson Elementary
  • High School Text: Oak Grove High
  • Middle School Text: Bernal Intermediate

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 7, 2018
Closed on
Feb 1, 2019
Sold by
Bayley Keith and Bayley Sheila
Bought by
Bayley Keith and Bayley Sheila
Seller's Agent
Jim Delong
Thurro Realty
Buyer's Agent
Jim Delong
Thurro Realty
List Price
$438,888
Sold Price
$440,000
Premium/Discount to List
$1,112
0.25%
Current Estimated Value
$523,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,284
Avg. Annual Appreciation
2.93%
Original Mortgage
$258,000
Outstanding Balance
$228,638
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$303,693

Purchase Details

Listed on
Dec 7, 2018
Closed on
Jan 3, 2019
Sold by
Ball Vickie L and The Dennis L And Vickie L Ball
Bought by
Bayley Keith and Bayley Sheila
Seller's Agent
Jim Delong
Thurro Realty
Buyer's Agent
Jim Delong
Thurro Realty
List Price
$438,888
Sold Price
$440,000
Premium/Discount to List
$1,112
0.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,000
Outstanding Balance
$228,638
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$303,693

Purchase Details

Closed on
Jan 18, 2011
Sold by
Ball Dennis L and Ball Vickie L
Bought by
Ball Dennis L and Ball Vickie L

Purchase Details

Closed on
Dec 15, 2004
Sold by
Ball Kelly
Bought by
Ball Dennis L and Ball Vickie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,750
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 20, 2002
Sold by
Rogers Resia D
Bought by
Ball Kelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,960
Interest Rate
6.06%

Purchase Details

Closed on
Apr 16, 1998
Sold by
Uribe Irene A
Bought by
Rogers Resia D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
7.18%
Source: Public Records

Range of Values:

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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
Bayley Keith -- Old Republic Title Co
Bayley Keith -- Old Republic Title Co
Bayley Keith $440,000 Orange Coast Title Co Of Nor
Ball Dennis L -- None Available
Ball Dennis L $265,000 Old Republic Title Company
Ball Kelly $210,000 Old Republic Title Company
Rogers Resia D $110,000 All Cal Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bayley Keith $258,000
Previous Owner Ball Dennis L $198,750
Previous Owner Ball Kelly $38,850
Previous Owner Ball Kelly $207,200
Previous Owner Ball Kelly $167,960
Previous Owner Rogers Resia D $30,000
Previous Owner Rogers Resia D $8,500
Previous Owner Rogers Resia D $105,000
Closed Ball Kelly $31,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/07/2019 01/07/19 Sold $440,000 +0.3% $551 / Sq Ft
12/23/2018 12/23/18 Pending -- -- --
12/07/2018 12/07/18 For Sale $438,888 -- $550 / 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
2024 $6,615 $481,200 $240,600 $240,600
2023 $6,520 $471,766 $235,883 $235,883
2022 $6,500 $462,516 $231,258 $231,258
2021 $6,425 $453,448 $226,724 $226,724
2020 $5,998 $423,000 $211,500 $211,500
2019 $4,812 $331,122 $166,186 $164,936
2018 $4,786 $324,630 $162,928 $161,702
2017 $4,725 $318,266 $159,734 $158,532
2016 $4,491 $312,026 $156,602 $155,424
2015 $3,851 $265,000 $133,000 $132,000
2014 $3,610 $257,000 $129,000 $128,000
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Jim Delong

    Thurro Realty

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Map

Source: MLSListings

MLS Number: ML81732939

MLSListings

APN: 690-23-036

California Santa Clara County San Jose 95123 Oak Grove

5578 Spinnaker Dr Unit 4, San Jose, CA

This home is located at 5578 Spinnaker Dr Unit 4, San Jose, CA 95123 since 07 December 2018 and is currently estimated at $516,236, approximately $646 per square foot. This property was built in 1970. 5578 Spinnaker Dr Unit 4 is a home located in Santa Clara County with nearby schools including Hayes Elementary School, Davis (Caroline) Intermediate School, and Oak Grove High School.

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