NOT LISTED FOR SALE

5718 Allen Ave Unit 3 San Jose, CA 95123

McKuen Neighborhood

Estimated Value: $511,000 - $571,499

2 Beds
1 Bath
903 Sq Ft
3,027 Sq Ft Lot

Last Sold July 31, 2018

Last sale price $505,000 $559 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $3,433/month

9 Days on Market

Highlights

  • Open to Family Room
  • Forced Air Heating System
  • Ceiling Fan
  • Walk-In Closet
  • Combination Dining and Living Room
  • Laundry Facilities

About This Home

As of July 2018

Excellent starter home or a wonderful investment property. The property is occupied by same tenants for last 6 years. They are open to extending the lease if the buyer wishes to keep it as an investment property. Excellent location, next to Cahalan park and schools. Shows very well and is maintained very well. All amenities are very close by. Five minutes drive to HWY85.

Last Agent to Sell the Property

Sharad Gupta

Intero Real Estate Services License #02031749 Listed on: 06/19/2018

Intero Real Estate Services

Last Buyer's Agent

Tish Shaikh

Corcoran Icon Properties License #00848208

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,000

Year Built

  • Built in 1970

Lot Details

  • 3,027

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Assigned Parking

Home Design

  • Tile Roof

Interior Spaces

  • 903 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Combination Dining and Living Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 1 Full Bathroom

Utilities

  • Forced Air Heating System
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 694-20-015

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, maintenance - common area, roof
  • Downer Estate Homeowners Association
  • Built by Downer Estate Homeowners
  • Rental Restrictions

Amenities

  • Laundry Facilities

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,000

Year Built

Built in 1970

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Park Rental Restrictions
  • Age: 48
  • Listing Class: Residential
  • Structure Sq Ft: 903
  • Complex Name: Downer Estate Homeowners
  • Year Built: 1970
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 903
  • Stories: 2
  • Laundry: Community Facility
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Tile

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 350
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Maintenance - Common Area, Roof
  • H O A Name Text: Downer Estate Homeowners Association
  • H O A Exist: Yes

Schools

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

Lot Info

  • Parcel Number: 694-20-015
  • Lot Acres: 0.0695
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3029.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3029.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 19, 2018
Closed on
Jul 18, 2018
Sold by
Aguilar George Montiel and Aguilar Lora Jeanette
Bought by
Ghanbari Samaneh D and Ghanbari Alireza
Seller's Agent
Sharad Gupta
Intero Real Estate Services
Buyer's Agent
Tish Shaikh
Corcoran Icon Properties
List Price
$499,000
Sold Price
$505,000
Premium/Discount to List
$6,000
1.2%
Current Estimated Value
$539,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$34,625
Avg. Annual Appreciation
1.05%
Original Mortgage
$378,750
Outstanding Balance
$330,323
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$213,891

Purchase Details

Closed on
Sep 26, 2005
Sold by
Singh Diljeet
Bought by
Aguilar George Montiel and Aguilar Lora Jeanette

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
5.7%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 1, 2000
Sold by
Sidhu Gurmeet S and Sidhu Manjeet K
Bought by
Singh Diljeet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
11%

Purchase Details

Closed on
Sep 26, 1995
Sold by
Sadhra Bahader Singh
Bought by
Sidhu Gurmeet S and Sidhu Manjeet K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.97%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 1995
Sold by
Kaur Inderjit
Bought by
Sadhra Bahader Singh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.97%
Mortgage Type
FHA
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
Ghanbari Samaneh D $505,000 Orange Coast Title Co Of Nor
Aguilar George Montiel $360,000 Alliance Title Company
Singh Diljeet $170,000 Fidelity National Title Co
Sidhu Gurmeet S -- --
Sadhra Bahader Singh -- Fidelity National Title Ins
Sidhu Gurmeet S $87,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ghanbari Samaneh D $378,750
Previous Owner Aguilar George Montiel $72,000
Previous Owner Aguilar George Montiel $288,000
Previous Owner Singh Diljeet $127,500
Previous Owner Sidhu Gurmeet S $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2018 07/31/18 Sold $505,000 +1.2% $559 / Sq Ft
06/29/2018 06/29/18 Pending -- -- --
06/19/2018 06/19/18 For Sale $499,000 -- $553 / 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 $7,000 $563,332 $281,666 $281,666
2024 $7,000 $552,288 $276,144 $276,144
2023 $6,452 $505,000 $252,500 $252,500
2022 $6,832 $530,844 $265,422 $265,422
2021 $6,709 $520,436 $260,218 $260,218
2020 $6,143 $476,000 $238,000 $238,000
2019 $6,477 $505,000 $252,500 $252,500
2018 $5,682 $432,364 $216,182 $216,182
2017 $5,450 $408,000 $204,000 $204,000
2016 $4,806 $358,000 $179,000 $179,000
2015 $4,358 $319,000 $159,500 $159,500
2014 $4,104 $299,000 $149,500 $149,500
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    Sharad Gupta

    Intero Real Estate Services

    Section Image

  • T

    Buyer's Agent in 2018

    Tish Shaikh

    Corcoran Icon Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81711046

MLSListings

APN: 694-20-015

California Santa Clara County San Jose 95123 McKuen

5718 Allen Ave Unit 3, San Jose, CA

This home is located at 5718 Allen Ave Unit 3, San Jose, CA 95123 since 19 June 2018 and is currently estimated at $539,625, approximately $597 per square foot. This property was built in 1970. 5718 Allen Ave Unit 3 is a home located in Santa Clara County with nearby schools including Allen at Steinbeck School, Castillero Middle School, and Gunderson High School.

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