NOT LISTED FOR SALE

Estimated Value: $759,000 - $804,262

2 Beds
2 Baths
982 Sq Ft
$463/mo HOA Fee

Last Sold September 10, 2021

Last sale price $735,000 $748 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,488/month

3 Days on Market

Highlights

  • Clubhouse
  • 1 Car Detached Garage
  • Forced Air Heating and Cooling System
  • Community Pool
  • Bathtub with Shower
  • Walk-in Shower

About This Home

As of September 2021

Situated in the coveted Park Almaden community, this corner unit has new stainless-steel appliances: electric cooking range, refrigerator, & microwave. Other features include laminate flooring throughout, dual-pane windows, Smart doorbell, Smart front door lock, newly-painted cabinets, new chandelier in dining area, LED recess lights, smart-control ceiling fan, large pantry room, washer/dryer, large master suite with two mirror closets, 2nd bedroom/office room, huge living room, large patio (accessible from the living room and master bedroom) with additional storage space, a detached one-car garage, and permit for additional outdoor parking space, and more. The complex has resort-like clubhouse, pools and spas, and an exercise room. Located close to Lake Almaden Park, which features picnic areas, paddle boats, waking/running/biking trails, bocce ball, and outdoor events. Close to shopping malls, restaurants. Easy access to Hwys 85 & 87; Easy commute to Silicon Valley Corporations.

Last Agent to Sell the Property

Venky Venkatesan

7 Hills SV Group License #01713736 Listed on: 07/23/2021

Co-Listed By

Kamala Venkatesan

7 Hills SV Group License #01387418

Last Buyer's Agent

Daniel Assadi

Compass License #02052607

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,438

Year Built

  • 1995

Lot Details

  • 1,176

HOA Fees

  • $463 Monthly HOA Fees

Parking

  • 1 Car Detached Garage
  • Uncovered Parking

Home Design

  • Slab Foundation

Interior Spaces

  • 982 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laminate Flooring
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, hot water, insurance - common area, maintenance - common area, maintenance - road, pool spa or tennis, reserves, roof, water / sewer
  • Park Almaden Association

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,438

Year Built

1995

Lot Details

0

HOA Fees

$463 per month

Parking

1

Listing Details

  • Zoning: A-PD
  • Subclass: Condominium
  • Age: 26
  • Listing Class: Residential
  • Structure Sq Ft: 982
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1995

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Kitchen: Microwave, Oven Range - Electric, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 982
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Primary - Stall Shower(s), Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Concrete

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage, Uncovered Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 463
  • HOA Amenities: Club House, Community Pool
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Hot Water, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Pool, Spa, Or Tennis, Reserves, Roof, Water / Sewer
  • HOA Exist: Yes
  • H O A Name Text: Park Almaden

Schools

  • School District: San Jose Unified

Multi Family

  • Utilities: Individual Electric Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2021
Closed on
Sep 7, 2021
Sold by
Padmanabhan Sreekesh and Reghunathan Neethu
Bought by
Chafey Aya
Seller's Agent
Venky Venkatesan
7 Hills SV Group
Buyer's Agent
Daniel Assadi
Compass
List Price
$728,888
Sold Price
$735,000
Premium/Discount to List
$6,112
0.84%
Current Estimated Value
$777,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,816
Avg. Annual Appreciation
1.44%
Original Mortgage
$441,000
Outstanding Balance
$402,151
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$375,665

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 16, 2019
Sold by
Pao Min Hui
Bought by
Liang Cheng Yuan
Seller's Agent
Phil & Stella Ralph
Intero Real Estate Services
Buyer's Agent
Kamala Venkatesan
Intero Real Estate Services
List Price
$639,995
Sold Price
$636,000
Premium/Discount to List
-$3,995
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.66%
Original Mortgage
$504,200
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Aug 8, 2019
Closed on
Sep 11, 2019
Sold by
Liang Cheng Yuan
Bought by
Padmanabhan Sreekesh and Reghunathan Neethu
Seller's Agent
Phil & Stella Ralph
Intero Real Estate Services
Buyer's Agent
Kamala Venkatesan
Intero Real Estate Services
List Price
$639,995
Sold Price
$636,000
Premium/Discount to List
-$3,995
-0.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,200
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 7, 1996
Sold by
Davidson Kavanagh & Brezzo Development C
Bought by
Cheng Yuan Liang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.68%
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
Chafey Aya $735,000 First American Title Company
Liang Cheng Yuan -- Chicago Title Company
Padmanabhan Sreekesh $636,000 Chicago Title Company
Cheng Yuan Liang $171,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chafey Aya $441,000
Previous Owner Padmanabhan Sreekesh $596,945
Previous Owner Padmanabhan Sreekesh $504,200
Previous Owner Cheng Yuan Liang $300,000
Previous Owner Cheng Yuan Liang $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/10/2021 09/10/21 Sold $735,000 +0.8% $748 / Sq Ft
07/27/2021 07/27/21 Pending -- -- --
07/23/2021 07/23/21 For Sale $728,888 +14.6% $742 / Sq Ft
09/27/2019 09/27/19 Sold $636,000 -0.6% $648 / Sq Ft
08/30/2019 08/30/19 Pending -- -- --
08/08/2019 08/08/19 For Sale $639,995 -- $652 / 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 $9,438 $779,986 $389,993 $389,993
2024 $9,438 $764,694 $382,347 $382,347
2023 $8,585 $690,000 $345,000 $345,000
2022 $9,212 $735,000 $367,500 $367,500
2021 $8,141 $642,588 $321,294 $321,294
2020 $8,005 $636,000 $318,000 $318,000
2019 $3,560 $254,636 $59,555 $195,081
2018 $3,527 $249,644 $58,388 $191,256
2017 $3,498 $244,750 $57,244 $187,506
2016 $3,291 $239,952 $56,122 $183,830
2015 $3,260 $236,348 $55,279 $181,069
2014 $3,181 $231,720 $54,197 $177,523
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81854992

MLSListings

APN: 694-48-154