NOT LISTED FOR SALE

5581 Spinnaker Dr Unit 1 San Jose, CA 95123

Oak Grove Neighborhood

Estimated Value: $498,000 - $515,000

2 Beds
1 Bath
810 Sq Ft
$397/mo HOA Fee

Last Sold August 01, 2024

Last sale price $520,000 $642 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $3,657/month

7 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • 1 Car Detached Garage
  • Updated Kitchen
  • Stone Countertops
  • Forced Air Heating and Cooling System

About This Home

As of August 2024

Updated Condominium in the Heart of Silicon Valley. This turnkey, modern 2-bedroom, 1-bath unit features an open floor plan and a bright atmosphere. Updates include completely remodeled kitchen w/Quartz countertops, bathroom, and luxury vinyl flooring as well as fresh paint and recessed lighting in 2021. New Furnace, AC, and Roof in 2022. Copper pipes 2023, Fridge conveys. Low HOA fees cover hot water, sewage, garbage, landscaping, roof, and building exterior maintenance, insurance. Tandem parking; 1 covered garage space and 1 non-covered space. Conveniently located near parks, schools, shops, restaurants, and medical clinics with easy access to highways 85, 87, 280, 101, 680

Last Agent to Sell the Property

Diem Nguyen

Compass License #01229155 Listed on: 06/27/2024

Compass

Co-Listed By

Tracy Nguyen

Compass License #02197550

Last Buyer's Agent

Dora Kouretas

License #01439767

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,840

Year Built

  • Built in 1970

Lot Details

  • 1,742

HOA Fees

  • $397 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Shingle Roof
  • Wood Siding
  • Stone Siding
  • Stucco

Interior Spaces

  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Electric Cooktop
  • Free-Standing Range
  • Dishwasher
  • Stone Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts in Kitchen

Additional Features

  • In Ground Pool
  • Ground Level

Listing and Financial Details

  • Assessor Parcel Number 69021005

Community Details

Overview

  • Association fees include common area maintenance, exterior maintenance, hazard insurance, management fee, water/sewer
  • 392 Units
  • Association Phone (408) 871-9500
  • Blossom Hill Subdivision
  • Greenbelt

Amenities

  • Coin Laundry

Recreation

  • Community Pool

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,840

Year Built

Built in 1970

Lot Details

0

HOA Fees

$397 per month

Parking

1

Listing Details

  • Stories: 1
  • Year Built: 1970
  • Property Sub Type: Condominium
  • Prop. Type: Residential
  • Lot Size Acres: 0.04
  • Co List Office Mls Id: SHGM03
  • Subdivision Name: BLOSSOM HILL
  • Directions: Blossom Hill rd to Judith st to Spinnaker dr.
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • Efficiency: Other
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Vinyl
  • Appliances: Dishwasher, Electric Range, Disposal, Free-Standing Range, Refrigerator, Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Ground Floor Location,No Steps to Entry
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Ground Floor Location, No Additional Rooms, Counter - Solid Surface, Stone Counters, Pantry, Updated Kitchen
  • Room Kitchen Features: 220 Volt Outlet, Counter - Solid Surface, Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Pantry, Range/Oven Free Standing, Refrigerator, Updated Kitchen

Exterior Features

  • Roof: Shingle
  • Lot Features: Level
  • Pool Features: In Ground, Community
  • Pool Private: No
  • View: None
  • View: No
  • Construction Type: Stone, Stucco, Wood Siding
  • Exterior Features: Unit Faces Street, Sprinklers Automatic
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 1
  • Attached Garage: No
  • Covered Parking Spaces: 1
  • Parking Features: Detached, Off Street, Parking Spaces, Space Per Unit - 2
  • Total Parking Spaces: 2

Utilities

  • Heating: Forced Air
  • Utilities: All Public Utilities
  • Cooling: Central Air
  • Laundry Features: 220 Volt Outlet, Dryer, Laundry Room, Washer, Community Facility, Coin Operated
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Amenities: Greenbelt, Pool, Laundry
  • Association Fee: 397
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 408-871-9500
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Exterior Maintenance, Hazard Insurance, Management Fee, Water/Sewer

Schools

  • Senior High School District: East Side Union High

Lot Info

  • Lot Size Sq Ft: 1750
  • Parcel Number: 69021005
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 392

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 27, 2024
Closed on
Jul 26, 2024
Sold by
Huynh Long Thanh
Bought by
Good Panayiota
Seller's Agent
Diem Nguyen
Compass
Buyer's Agent
Dora Kouretas
List Price
$498,880
Sold Price
$520,000
Premium/Discount to List
$21,120
4.23%
Views
46
Current Estimated Value
$505,265

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$14,735
Avg. Annual Appreciation
-2.43%
Original Mortgage
$468,000
Outstanding Balance
$462,704
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$42,561

Purchase Details

Closed on
Oct 19, 2021
Sold by
Huynh Mack Hong Thanh
Bought by
Huynh Long Thanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2021
Sold by
Mack Andrew Eric
Bought by
Huynh Mack Hong Thanh

Purchase Details

Closed on
Jun 28, 2021
Sold by
Sanjideh Merdad and Sanjideh Geneva
Bought by
Huynh Mack Hong Thanh

Purchase Details

Closed on
Nov 21, 2012
Sold by
Sanjideh Merdad and Sanjideh Geneva
Bought by
Sanjideh Merdad and Sanjideh Geneva

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 16, 2007
Sold by
Gettino Richard M
Bought by
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
$72,000
Interest Rate
12%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 12, 2007
Sold by
Norato Meliton Lopez
Bought by
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
$72,000
Interest Rate
12%
Mortgage Type
Credit Line Revolving
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
Good Panayiota $520,000 First American Title
Huynh Long Thanh $450,000 First American Title Company
Huynh Mack Hong Thanh -- Fidelity National Title Co
Huynh Mack Hong Thanh $410,000 Fidelity National Title Co
Sanjideh Merdad -- Lsi Title
Lamas Yadira $360,000 Financial Title Company
Lamas Yadira -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Good Panayiota $468,000
Previous Owner Huynh Long Thanh $427,500
Previous Owner Sanjideh Merdad $167,000
Previous Owner Lamas Yadira $72,000
Previous Owner Lamas Yadira $288,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $520,000 -- --
08/01/2024 08/01/24 Sold $520,000 +4.2% $642 / Sq Ft
07/04/2024 07/04/24 Pending -- -- --
06/27/2024 06/27/24 For Sale $498,880 -- $616 / Sq Ft
Source: Bay East Association of REALTORS®

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 $6,840 $520,000 $260,000 $260,000
2024 $6,840 $499,392 $249,696 $249,696
2023 $6,561 $475,000 $237,500 $237,500
2022 $6,722 $480,000 $240,000 $240,000
2021 $4,086 $271,238 $135,619 $135,619
2020 $4,026 $268,458 $134,229 $134,229
2019 $3,946 $263,196 $131,598 $131,598
2018 $3,923 $258,036 $129,018 $129,018
2017 $3,872 $252,978 $126,489 $126,489
2016 $3,679 $248,018 $124,009 $124,009
2015 $3,591 $244,294 $122,147 $122,147
2014 $3,396 $239,510 $119,755 $119,755
Source: Public Records

Agents Affiliated with this Home

  • Diem Nguyen

    Seller's Agent in 2024

    Diem Nguyen

    Compass

    (510) 557-1303

    1 in this area

    30 Total Sales

    Diem Nguyen
    Section Image

  • T

    Seller Co-Listing Agent in 2024

    Tracy Nguyen

    Compass

    (925) 251-1111

    1 in this area

    26 Total Sales

    Tracy Nguyen
    Section Image

  • D

    Buyer's Agent in 2024

    Dora Kouretas

See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 41064846

Bay East Association of REALTORS®

APN: 690-21-005

California Santa Clara County San Jose 95123 Oak Grove

5581 Spinnaker Dr Unit 1, San Jose, CA

This home is located at 5581 Spinnaker Dr Unit 1, San Jose, CA 95123 since 27 June 2024 and is currently estimated at $505,265, approximately $623 per square foot. This property was built in 1970. 5581 Spinnaker Dr Unit 1 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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