$438,000
SOLD OCT 8, 2019

5658 Playa Del Rey Unit 1 San Jose, CA 95123

McKuen Neighborhood
2 Beds
1 Bath
810 Sq Ft
7,928 Sq Ft Lot

Recently Sold

$541 Per Sq Ft

9% Below List Price

23 Days on Market

Highlights

  • Private Pool
  • Quartz Countertops
  • Family or Dining Combination
  • Garden View
  • Open to Family Room
  • Laundry Facilities

About This Home

As of November 2020

***South San Jose Stunner***Highly sought after single story, two bed one bath condo. Upgrades throughout. Quartz kitchen countertops, laminate flooring, private enclosed patio and recessed lighting. Prime location with easy access to 85/87 nearby Oakridge mall, shopping centers, eating establishments and parks.

Last Agent to Sell the Property

Sergio Gutierrez

KW Bay Area Estates License #70010053 Listed on: 08/23/2019

KW Bay Area Estates

Last Buyer's Agent

Bing Jiang

Goodview Financial & R.E. License #01200662

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,672

Year Built

  • Built in 1970

Parking

  • 1 Car Garage
  • 1 Carport Space

Property Views

  • Garden
  • Neighborhood

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 810 Sq Ft Home
  • 1-Story Property
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Electric Oven
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • Wood Fence

Listing and Financial Details

  • Assessor Parcel Number 694-24-025

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, landscaping / gardening, maintenance - exterior, roof, water / sewer
  • Downer Estates Association

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,672

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Building Number: 4
  • Age: 49
  • Listing Class: Residential
  • Structure Sq Ft: 810
  • Year Built: 1970
  • Zoning Description: RM
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Countertop - Quartz, Garbage Disposal, Oven Range - Electric
  • Living Sq Ft: 810
  • Stories: 1
  • Laundry: Community Facility, Washer / Dryer
  • Flooring: Carpet, Laminate
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility
  • Roof: Metal
  • View: Garden / Greenbelt, Neighborhood
  • Pool: Yes
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage
  • Carport Min: 1

Utilities

  • Heating System: Electric
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 360
  • HOA Documents: Bylaws, CC&RS, Minutes, Rules & Regulations
  • Association Fees Include: Common Area Electricity, Exterior Painting, Landscaping / Gardening, Maintenance - Exterior, Roof, Water / Sewer
  • H O A Name Text: Downer Estates
  • 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: 694-24-025

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

Listed on
Sep 30, 2020
Closed on
Nov 10, 2020
Sold by
Hong Miao and Fu Lei
Bought by
Lu Jing
Seller's Agent
Yunjie Li
Legend Realty & Finance Group
Buyer's Agent
Hebe Li
Intero Real Estate Services
List Price
$479,000
Sold Price
$500,000
Premium/Discount to List
$21,000
4.38%
Total Days on Market
23
Current Estimated Value
$539,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,228
Avg. Annual Appreciation
1.67%
Original Mortgage
$375,000
Outstanding Balance
$337,481
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$201,747

Purchase Details

Listed on
Aug 23, 2019
Closed on
Sep 23, 2019
Sold by
Jardin Brigida
Bought by
Miao Hong and Fu Lei
Seller's Agent
Sergio Gutierrez
KW Bay Area Estates
Buyer's Agent
Bing Jiang
Goodview Financial & R.E.
List Price
$479,000
Sold Price
$438,000
Premium/Discount to List
-$41,000
-8.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.55%

Purchase Details

Closed on
Aug 23, 2013
Sold by
Olmstead Marika B
Bought by
Jardin Brigida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 4, 1998
Sold by
Larijani Mir Y and Darestani Simin S
Bought by
Zepeda Rigoberto O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.99%
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 Type Sale Price Title Company
Grant Deed $500,000 Chicago Title Company
Warranty Deed $438,000 Chicago Title Company
Grant Deed $280,000 Old Republic Title Company
Grant Deed $114,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $375,000 New Conventional
Previous Owner $205,000 New Conventional
Previous Owner $25,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2020 11/21/20 Sold $500,000 +4.4% $617 / Sq Ft
10/11/2020 10/11/20 Pending -- -- --
09/30/2020 09/30/20 For Sale $479,000 +9.4% $591 / Sq Ft
10/08/2019 10/08/19 Sold $438,000 -4.6% $541 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
09/14/2019 09/14/19 Price Changed $459,000 -4.2% $567 / Sq Ft
09/04/2019 09/04/19 For Sale $479,000 0.0% $591 / Sq Ft
09/04/2019 09/04/19 Price Changed $479,000 -4.0% $591 / Sq Ft
09/01/2019 09/01/19 Pending -- -- --
08/23/2019 08/23/19 For Sale $499,000 -- $616 / 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 $6,672 $530,604 $265,302 $265,302
2023 $6,314 $500,000 $250,000 $250,000
2022 $6,507 $510,000 $255,000 $255,000
2021 $6,388 $500,000 $250,000 $250,000
2020 $5,701 $438,000 $219,000 $219,000
2019 $4,097 $307,692 $153,846 $153,846
2018 $4,058 $301,660 $150,830 $150,830
2017 $4,024 $295,746 $147,873 $147,873
2016 $3,897 $289,948 $144,974 $144,974
2015 $3,863 $285,594 $142,797 $142,797
2014 $3,781 $280,000 $140,000 $140,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81765798

MLSListings

APN: 694-24-025