NOT LISTED FOR SALE

5614 Allen Ave Unit 3 San Jose, CA 95123

McKuen Neighborhood

Estimated Value: $498,000 - $598,970

2 Beds
1 Bath
903 Sq Ft
$360/mo HOA Fee

Last Sold August 22, 2019

Last sale price $475,000 $526 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,034/month

111 Days on Market

Highlights

  • Private Pool
  • Eat-In Kitchen
  • Bathtub with Shower
  • Granite Countertops
  • Walk-In Closet
  • Tile Flooring

About This Home

As of August 2019

Great Investor or First Time Buyer Townhouse Style Condo. Close to Oakridge and 85. Granite Counters. New Carpet, Paint and Doors. Move In Ready. Community Pool. 1 Car Carport. HOA may allow addition of Central AC and Fence to create private patio, buyer to confirm.

Last Agent to Sell the Property

Tom Beck

KW Bay Area Estates License #01742024 Listed on: 03/25/2019

KW Bay Area Estates

Last Buyer's Agent

Graham Sangster

Compass License #01898271

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,427

Year Built

  • Built in 1970

Lot Details

  • 8,625

HOA Fees

  • $360 Monthly HOA Fees

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 903 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower

Parking

  • 1 Parking Space
  • 1 Carport Space
  • On-Street Parking

Pool

Additional Features

  • West Facing Home
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 694-20-063

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, hot water, insurance - common area, insurance - structure, landscaping / gardening, maintenance - exterior, management fee, pool spa or tennis, water, water / sewer
  • 608 Units
  • Downer Estates Homeowners Association
  • Built by Downer Estates
  • The community has rules related to credit or board approval, parking rules

Amenities

  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,427

Year Built

Built in 1970

Lot Details

0

HOA Fees

$360 per month

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Board / Park Approval, Parking Restrictions, Pets - Rules
  • Age: 49
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 608
  • Structure Sq Ft: 903
  • Complex Name: Downer Estates
  • Incorporated: Yes
  • Year Built: 1970
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 903
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Laundry: Coin Operated, Community Facility
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Composition
  • Pool: Yes
  • Property Faces: West

Garage/Parking

  • Parking Spaces: 1
  • Garage Parking Features: Carport, Common Parking Area, On Street
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 360
  • HOA Amenities: Community Pool
  • HOA Documents: Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Hot Water, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Exterior, Management Fee, Pool, Spa, or Tennis, Water, Water / Sewer
  • H O A Name Text: Downer Estates Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: San Jose Unified
  • Elementary School: Allen at Steinbeck
  • Middle School: Castillero Middle
  • High School: Gunderson High
  • High School: 345
  • Elementary School: 355
  • Middle School: 338

Lot Info

  • Parcel Number: 694-20-063

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Allen at Steinbeck
  • High School Text: Gunderson High
  • Middle School Text: Castillero Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2020
Sold by
Salazar Anthony Arthur and Salazar Tatiana Isabel
Bought by
Salazar Anthony Arthur and Salazar Tatiana Isabel
Total Days on Market
111
Current Estimated Value
$561,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Outstanding Balance
$385,046
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$158,325

Purchase Details

Listed on
Mar 25, 2019
Closed on
Jul 30, 2019
Sold by
Resi Reo Sub Llc
Bought by
Salazar Anthony Arthur and Pereyra Tatiana Isabel Del Rosario Pau
Seller's Agent
Tom Beck
KW Bay Area Estates
Buyer's Agent
Graham Sangster
Compass
List Price
$505,000
Sold Price
$475,000
Premium/Discount to List
-$30,000
-5.94%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.34%
Original Mortgage
$432,117
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 2015
Sold by
Christiana Trust
Bought by
Resi Sfr Sub Llc

Purchase Details

Closed on
Oct 7, 2014
Sold by
Ratledge Nicole and Lang Jason
Bought by
Christiana Trust

Purchase Details

Closed on
Mar 19, 2007
Sold by
Ortega Leticia M
Bought by
Ratledge Nicole and Lang Jason

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$379,000
Interest Rate
6.31%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 15, 2001
Sold by
Mann Michael and Ortega Leticia M
Bought by
Ortega Leticia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,500
Interest Rate
4.37%

Purchase Details

Closed on
Jun 1, 2001
Sold by
Ortega Leticia M and Mann Michael
Bought by
Mann Michael and Ortega Leticia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$211,000
Interest Rate
6.5%

Purchase Details

Closed on
Feb 8, 1999
Sold by
Va
Bought by
Muir Camille Shiddell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
6.62%

Purchase Details

Closed on
Jan 28, 1999
Sold by
Muir Camille S
Bought by
Ortega Leticia M and Mann Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,650
Interest Rate
6.62%
Source: Public Records

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Range of Values:

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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
Salazar Anthony Arthur -- Placer Title
Salazar Anthony Arthur $475,000 Wfg National Title Company
Resi Reo Sub Llc $475,000 Wfg National Title Company
Resi Sfr Sub Llc -- None Available
Christiana Trust $295,500 Premium Title
Ratledge Nicole $379,500 Chicago Title Company
Ortega Leticia M -- Stewart Title Of California
Mann Michael -- Fidelity National Title Co
Muir Camille Shiddell -- Old Republic Title Company
Ortega Leticia M $127,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salazar Anthony Arthur $430,000
Previous Owner Salazar Anthony Arthur $432,117
Previous Owner Ratledge Nicole $379,000
Previous Owner Ortega Leticia M $236,000
Previous Owner Ortega Leticia M $211,500
Previous Owner Mann Michael $211,000
Previous Owner Ortega Leticia M $177,000
Previous Owner Ortega Leticia M $120,650
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2019 08/22/19 Sold $475,000 -2.0% $526 / Sq Ft
07/15/2019 07/15/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $484,900 -2.0% $537 / Sq Ft
05/08/2019 05/08/19 Price Changed $494,900 -2.0% $548 / Sq Ft
03/25/2019 03/25/19 For Sale $505,000 0.0% $559 / Sq Ft
04/02/2015 04/02/15 Rented $1,850 -2.1% --
03/03/2015 03/03/15 Under Contract -- -- --
02/02/2015 02/02/15 For Rent $1,890 -- --
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 $6,427 $509,294 $254,647 $254,647
2023 $6,306 $499,308 $249,654 $249,654
2022 $6,269 $489,518 $244,759 $244,759
2021 $6,152 $479,920 $239,960 $239,960
2020 $6,051 $475,000 $237,500 $237,500
2019 $4,982 $376,728 $188,364 $188,364
2018 $4,939 $369,342 $184,671 $184,671
2017 $4,901 $362,100 $181,050 $181,050
2016 $4,770 $355,000 $177,500 $177,500
2015 $4,370 $320,000 $160,000 $160,000
2014 $4,104 $299,000 $149,500 $149,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81744083

MLSListings

APN: 694-20-063