NOT LISTED FOR SALE

Estimated Value: $2,052,000 - $2,488,980

1.17 Acres
$1,953,536 Price per Acre
50,817 Sq Ft Lot

Last Sold May 12, 2022

Last sale price $2,360,000

Est. 2% increase in value since last sale

Current estimated payment $15,464/month

68 Days on Market

Highlights

  • 1.17 Acre Lot
  • Pie Shaped Lot
  • Back and Front Yard Fenced

About This Lot

As of May 2022

Over 1.16+/- Acres of Land with Desirable Infill Demographics. The subject parcel is in South San Jose near shopping, parks, hospitals, highways, and employers. Also Located near a Priority Development Area designated specifically for an Employment Center by the City of San Jose. Currently used as a care facility. Surrounding properties are Zoned R1-8 and A-PD, San Jose General plan calls for residential use. Great options for buyer-existing tenancy can be terminated with a 90-day notice or possibly extend the lease while in the planning stage of a development. Outstanding Lot Split and/or Development Opportunity.

Last Agent to Sell the Property

Arthur Scott

Intero Real Estate Services License #02017490 Listed on: 02/02/2022

Intero Real Estate Services

Last Buyer's Agent

Truman Nhu

CENTURY 21 Masters License #01110101

CENTURY 21 Masters

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $32,177

Lot Details

  • 1.17 Acre Lot
  • Back and Front Yard Fenced
  • Pie Shaped Lot
  • Potential for Re-Zoning

Utilities

  • Septic Tank

Property Details

Property Type

Land

Est. Annual Taxes

$32,177

Lot Details

0

Listing Details

  • Zoning: SJ
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Agricultural
  • Development Status: Lot Split Possible, Subdivision - Possible
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced Back, Fenced Front

Utilities

  • Sewer/Septic System: Existing Septic

Schools

  • School District: East Side Union High

Lot Info

  • Lot Description: Pie Shaped, Potential Re-Zone
  • Lot Acres: 1.1666
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 50817.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 50817.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 27, 2020
Sold by
Stiles Kelsey
Bought by
Stiles Kelsey
Current Estimated Value
$2,408,783

Purchase Details

Closed on
Jan 10, 2002
Sold by
Perez Herman C and Perez Janice C
Bought by
Perez Herman C and Perez Janice C
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Stiles Kelsey -- None Available
Perez Herman C -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2022 05/12/22 Sold $2,360,000 -5.4% --
04/12/2022 04/12/22 Pending -- -- --
03/21/2022 03/21/22 Price Changed $2,495,000 -26.6% --
02/02/2022 02/02/22 For Sale $3,400,000 -- --
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 $32,177 $2,504,450 $2,334,657 $169,793
2024 $32,177 $2,455,344 $2,288,880 $166,464
2023 $33,900 $2,407,200 $2,244,000 $163,200
2022 $2,951 $106,621 $22,174 $84,447
2021 $3,301 $104,532 $21,740 $82,792
2020 $3,584 $103,462 $21,518 $81,944
2019 $3,019 $101,435 $21,097 $80,338
2018 $3,053 $99,447 $20,684 $78,763
2017 $3,226 $97,498 $20,279 $77,219
2016 $3,391 $95,587 $19,882 $75,705
2015 $3,558 $94,152 $19,584 $74,568
2014 $4,126 $92,309 $19,201 $73,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81876597

MLSListings

APN: 678-51-053