NOT LISTED FOR SALE

Estimated Value: $799,000 - $945,000

3 Beds
1 Bath
1,004 Sq Ft
$874/Sq Ft Est. Value

Last Sold May 17, 2024

Last sale price $830,000 $827 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,017/month

9 Days on Market

Highlights

  • Dining Area
  • Independence High School Rated A-
  • 1-Story Property

About This Home

As of May 2024

Outstanding Value! 561 Lochridge Drive is the perfect opportunity to own in Silicon Valley! Located in the Lochridge-Luby neighborhood of San Jose. This quaint property offers 3 bedrooms 1 bath and sits on a 5,700 lot size. It provides a generous front and back yard and has the potential to park an oversized vehicle in the driveway. The possibilities are endless for the right buyer or investor looking to maximize their profits. Its conveniently located near major highways like hwy 101 & hwy 680 and has easy access to Downtown San Jose, Japantown, and the San Jose Flea Market. Lochridge Drive presents such a great opportunity dont miss out!!!

Last Agent to Sell the Property

Elaine De La Rosa

RE Places License #01725298 Listed on: 04/19/2024

Last Buyer's Agent

Coco Tan

Keller Williams Realty-Silicon Valley License #01376998

Keller Williams Realty-Silicon Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,964

Year Built

  • Built in 1955

Lot Details

  • 5,663 Sq Ft Lot
  • Zoning described as R1-8

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Tar and Gravel Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,004 Sq Ft Home
  • 1-Story Property
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • No Heating

Listing and Financial Details

  • Assessor Parcel Number 254-09-053

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,964

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Age: 69
  • Listing Class: Residential
  • Structure Sq Ft: 1004
  • Incorporated: Yes
  • Year Built: 1955
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1004
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tar and Gravel

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, On Street, Room for Oversized Vehicle

Utilities

  • Heating System: No Heating
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 254-09-053
  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00

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
Apr 19, 2024
Closed on
May 7, 2024
Sold by
Menchaca Ruben and Menchaca Gloria
Bought by
Zhou Zhixuan
Seller's Agent
Elaine De La Rosa
RE Places
Buyer's Agent
Coco Tan
Keller Williams Realty-Silicon Valley
List Price
$824,999
Sold Price
$830,000
Premium/Discount to List
$5,001
0.61%
Views
88
Current Estimated Value
$877,071

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,071
Avg. Annual Appreciation
4.40%

Purchase Details

Closed on
Jan 25, 2021
Sold by
Menchaca Odilia
Bought by
Menchaca Ruben and Menchaca Gloria
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Zhou Zhixuan $830,000 Old Republic Title
Menchaca Ruben -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/17/2024 05/17/24 Sold $830,000 +0.6% $827 / Sq Ft
04/29/2024 04/29/24 Pending -- -- --
04/19/2024 04/19/24 For Sale $824,999 -- $822 / 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 $2,964 $846,600 $805,800 $40,800
2024 $2,964 $51,346 $19,219 $32,127
2023 $2,229 $50,341 $18,843 $31,498
2022 $2,188 $49,355 $18,474 $30,881
2021 $2,075 $48,388 $18,112 $30,276
2020 $1,977 $47,893 $17,927 $29,966
2019 $1,904 $46,955 $17,576 $29,379
2018 $1,853 $46,035 $17,232 $28,803
2017 $1,822 $45,134 $16,895 $28,239
2016 $1,729 $44,250 $16,564 $27,686
2015 $1,700 $43,587 $16,316 $27,271
2014 $1,277 $42,734 $15,997 $26,737
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81962161

MLSListings

APN: 254-09-053