NOT LISTED FOR SALE

Estimated Value: $1,401,000 - $1,662,000

2 Beds
1 Bath
936 Sq Ft
$1,664/Sq Ft Est. Value

Last Sold September 01, 2020

Last sale price $719,888 $769 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $10,438/month

31 Days on Market

Highlights

  • Wood Flooring
  • Bathtub with Shower
  • Jack-and-Jill Bathroom
  • 2 Car Detached Garage
  • Laundry Room
  • Bungalow

About This Home

As of September 2020

Exceptional opportunity to own this bungalow with HUGE upside potential in a fantastic downtown location*East- facing, Large corner lot*Newly refinished wood floors, new light fixtures, new exterior doors*Prime location - easy access to Japantown, the Berryessa BART, the planned Google transit village, SJSU, Backestro Park, the Joyce Ellington Library, freeways* Remodel, expand, or possibly rebuild, to create your dream home*Zoned R2.

Last Agent to Sell the Property

Carol Lin

Referral Realty License #01362222 Listed on: 06/25/2020

Referral Realty

Last Buyer's Agent

Frank Oliver

Oliver Group License #00491292

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,644

Year Built

  • Built in 1918

Lot Details

  • 5,754 Sq Ft Lot
  • Northeast Facing Home
  • Wood Fence
  • Back Yard Fenced
  • Zoning described as R2

Parking

  • 2 Car Detached Garage

Home Design

  • Bungalow
  • Fixer Upper
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 936 Sq Ft Home
  • 1-Story Property
  • Dining Room
  • Gas Oven
  • Laundry Room

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 249-28-001

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,644

Year Built

Built in 1918

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Bungalow
  • Property Condition: Fixer Upper
  • Age: 102
  • Listing Class: Residential
  • Structure Sq Ft: 936
  • Incorporated: Yes
  • Year Built: 1918
  • Zoning Description: R2
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Kitchen: Oven Range - Gas
  • Living Sq Ft: 936
  • Stories: 1
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside
  • Flooring: Vinyl / Linoleum, Wood
  • Additional Rooms: Laundry Room
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Pass Through, Shower and Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced
  • Fencing: Fenced Back, Wood
  • Property Faces: Northeast
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 249-28-001
  • Lot Acres: 0.1321
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5756.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5756.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2024
Sold by
Rai Family Revocable Living Trust and Rai Yajnesh Kumar
Bought by
Madheshiya Family Revocable Trust and Madheshiya
Total Days on Market
31
Current Estimated Value
$1,557,519

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$960,000
Outstanding Balance
$952,076
Interest Rate
7.1%
Mortgage Type
New Conventional
Estimated Equity
$593,726

Purchase Details

Closed on
Mar 28, 2022
Sold by
Sree Family Revocable Trust
Bought by
Rai Family Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$800,000
Interest Rate
3.75%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 25, 2020
Closed on
Aug 18, 2020
Sold by
Molica Janet Ann and Bautista Alfonso
Bought by
Bhrugumalla Satish Kumar L and Bhrugumalla Vandana
Seller's Agent
Carol Lin
Referral Realty
Buyer's Agent
Frank Oliver
Oliver Group
List Price
$750,000
Sold Price
$719,888
Premium/Discount to List
-$30,112
-4.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.45%
Original Mortgage
$488,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2018
Sold by
Batsita Alfonso and Ann Molica Living Trust
Bought by
Bautista Alfonso

Purchase Details

Closed on
Jun 21, 2017
Sold by
Molica Ann
Bought by
Molica Ann
Source: Public Records

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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
Madheshiya Family Revocable Trust $1,600,000 Old Republic Title
Rai Family Revocable Living Trust $1,000,000 Orange Coast Title
Bhrugumalla Satish Kumar L $720,000 Old Republic Title Company
Bautista Alfonso -- None Available
Molica Ann -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madheshiya Family Revocable Trust $960,000
Previous Owner Rai Family Revocable Living Trust $800,000
Previous Owner Bhrugumalla Satish Kumar L $488,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/01/2020 09/01/20 Sold $719,888 -1.3% $769 / Sq Ft
07/26/2020 07/26/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $729,500 -2.7% $779 / Sq Ft
06/25/2020 06/25/20 For Sale $750,000 -- $801 / 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 $20,644 $1,531,400 $780,300 $751,100
2023 $13,273 $1,020,000 $765,000 $255,000
2022 $10,061 $734,285 $479,285 $255,000
2021 $9,843 $719,888 $469,888 $250,000
2020 $5,538 $362,499 $267,887 $94,612
2019 $5,923 $355,392 $262,635 $92,757
2018 $5,335 $348,425 $257,486 $90,939
2017 $1,548 $36,179 $14,703 $21,476
2016 $1,416 $35,470 $14,415 $21,055
2015 $1,388 $34,938 $14,199 $20,739
2014 $977 $34,254 $13,921 $20,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81798000

MLSListings

APN: 249-28-001