NOT LISTED FOR SALE

5886 Pala Mesa Dr San Jose, CA 95123

Oak Ridge Neighborhood

Estimated Value: $1,837,445 - $1,961,000

3 Beds
2.5 Baths
2,192 Sq Ft
$871/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,680,000 $766 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $12,270/month

12 Days on Market

Highlights

  • Community Cabanas
  • Primary Bedroom Suite
  • Attic
  • Santa Teresa High School Rated A
  • Contemporary Architecture
  • High Ceiling

About This Home

As of August 2022

Located in The Masters at Palmia neighborhood of Blossom Valley this exceptional home features a dramatic entrance with soaring sun-filled vaulted ceilings, a spacious formal living room and dining room, a beautiful family room with a cozy fireplace and entertainment niche, a lovely kitchen with tile counters and large pantry. Upstairs is a large loft with custom built cabinets and is the perfect work from office area, a huge primary bedroom retreat that features a beautifully remodeled bath and walk-in closet and 2 other comfortable secondary bedrooms. More wonderful features of this home are the double pane windows, freshly painted interior and new Luxury vinyl flooring downstairs with carpet upstairs The backyard is a private oasis surrounded by beautiful trees and has a lighted covered patio. This property is located near the community pool and is in close proximity to a beautiful park, Shopping, Kaiser, Freeways and the VTA station. It is truly a must see home!

Last Agent to Sell the Property

Matt Tenczar

Compass License #01147849 Listed on: 07/12/2022

Compass

Last Buyer's Agent

Mark Burstein

KW Santa Clara Valley Inc License #01349090

KW Santa Clara Valley Inc

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,347

Year Built

  • 2000

Lot Details

  • 3,690 Sq Ft Lot
  • Back Yard Fenced

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,192 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Log Fireplace
  • Formal Entry
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Attic

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, landscaping / gardening, pool spa or tennis
  • Masters Association

Amenities

  • Common Utility Room

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,347

Year Built

2000

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Zoning: A-PD
  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 22
  • Listing Class: Residential
  • Structure Sq Ft: 2192
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 2000

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Log, Gas Starter
  • Dining Room: Breakfast Bar, Dining Area In Living Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Gas, Island, Microwave, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2192
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Attic, Den / Study / Office, Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half On Ground Floor, Primary - Stall Shower(s), Shower Over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Tile
  • Fencing: Fenced Back
  • Pool: Cabana / Dressing Room, Community Facility

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Masters at Palmia
  • HOA Fees: 160
  • HOA Amenities: Cabana, Common Utility Room, Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Landscaping / Gardening, Pool, Spa, Or Tennis
  • HOA Exist: Yes
  • H O A Name Text: Masters

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: East Side Union High
  • Elementary School: Bertha Taylor Elementary
  • Middle School: Bernal Intermediate
  • High School: Santa Teresa High
  • High School: 252
  • Elementary School: 194
  • Middle School: 175

Lot Info

  • Lot Acres: 0.0847
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3690.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3690.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2022
Closed on
Aug 10, 2022
Sold by
Arthur Macaraeg
Bought by
Rayzman Lenny and Rayzman Svetlana
Seller's Agent
Matt Tenczar
Compass
Buyer's Agent
Mark Burstein
KW Santa Clara Valley Inc
List Price
$1,698,000
Sold Price
$1,680,000
Premium/Discount to List
-$18,000
-1.06%
Current Estimated Value
$1,909,611

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,611
Avg. Annual Appreciation
4.21%
Original Mortgage
$1,260,000
Outstanding Balance
$1,208,076
Interest Rate
5.88%
Mortgage Type
New Conventional
Estimated Equity
$701,535

Purchase Details

Closed on
Oct 18, 2010
Sold by
Macaraeg Arthur
Bought by
Macaraeg Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,000
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2008
Sold by
Zhu Lucy
Bought by
Macaraeg Arthur

Purchase Details

Closed on
May 24, 2004
Sold by
Schwarz John and Schwarz Laurie
Bought by
Macaraeg Arthur and Zhu Lucy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 15, 2001
Sold by
Schwarz John and Schwarz Laurie
Bought by
Schwarz John and Schwarz Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.87%

Purchase Details

Closed on
Jan 28, 2000
Sold by
Brookfield Palmia Ii Inc
Bought by
Schwarz John and Cantley Laurie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,000
Interest Rate
7.75%
Source: Public Records

Range of Values:

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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
Rayzman Lenny $1,680,000 Chicago Title
Macaraeg Arthur -- Chicago Title Company
Macaraeg Arthur -- None Available
Macaraeg Arthur $685,500 North American Title Company
Schwarz John -- Alliance Title Company
Schwarz John $520,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rayzman Lenny $1,260,000
Previous Owner Macaraeg Arthur $506,000
Previous Owner Macaraeg Arthur $520,000
Previous Owner Schwarz John $440,000
Previous Owner Schwarz John $416,000
Closed Macaraeg Arthur $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $1,680,000 -1.1% $766 / Sq Ft
07/25/2022 07/25/22 Pending -- -- --
07/12/2022 07/12/22 For Sale $1,698,000 -- $775 / 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 $23,347 $1,747,871 $1,485,691 $262,180
2024 $23,347 $1,713,600 $1,456,560 $257,040
2023 $23,032 $1,680,000 $1,428,000 $252,000
2022 $12,587 $882,117 $401,931 $480,186
2021 $12,413 $864,821 $394,050 $470,771
2020 $12,150 $855,954 $390,010 $465,944
2019 $11,872 $839,171 $382,363 $456,808
2018 $11,795 $822,717 $374,866 $447,851
2017 $11,639 $806,586 $367,516 $439,070
2016 $11,075 $790,771 $360,310 $430,461
2015 $10,822 $778,894 $354,898 $423,996
2014 $9,991 $763,638 $347,947 $415,691
Source: Public Records

Agents Affiliated with this Home

  • Matt Tenczar

    Seller's Agent in 2022

    Matt Tenczar

    Compass

    (408) 605-8124

    7 in this area

    73 Total Sales

    Matt Tenczar
    Section Image

  • M

    Buyer's Agent in 2022

    Mark Burstein

    KW Santa Clara Valley Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81899948

MLSListings

APN: 689-49-077

California Santa Clara County San Jose 95123 Oak Ridge

5886 Pala Mesa Dr, San Jose, CA

This home is located at 5886 Pala Mesa Dr, San Jose, CA 95123 since 12 July 2022 and is currently estimated at $1,909,611, approximately $871 per square foot. This property was built in 2000. 5886 Pala Mesa Dr is a home located in Santa Clara County with nearby schools including Oak Ridge Elementary School, Herman (Leonard) Intermediate School, and Santa Teresa High School.

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