NOT LISTED FOR SALE

Estimated Value: $2,617,000 - $3,354,000

3 Beds
2 Baths
1,296 Sq Ft
$2,305/Sq Ft Est. Value

About This Home

This home is located at 5981 Friar Way, San Jose, CA 95129 and is currently estimated at $2,987,476, approximately $2,305 per square foot. 5981 Friar Way is a home located in Santa Clara County with nearby schools including Nelson S. Dilworth Elementary School, Joaquin Miller Middle, and Lynbrook High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 19, 2020
Sold by
Ravikumar Venkatesan and Thenmozhi Ravikumar Thenmozhi
Bought by
Ravikumar Venkatesan and Thenmozhi Ravikumar Thenmozhi
Current Estimated Value
$2,987,476

Purchase Details

Closed on
May 27, 2011
Sold by
Hong Miao and Fu Lei
Bought by
Venkatesan Ravikumar and Ravikumar Thenmozhi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 13, 2002
Sold by
Kwon Jung M and Kwon Yong Ok
Bought by
Hong Miao and Fu Lei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,000
Interest Rate
4.37%

Purchase Details

Closed on
Jun 19, 1998
Sold by
Canihan Robert B and Canihan Susan G
Bought by
Kwon Jung M and Kwon Yong Ok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
7.17%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Ravikumar Venkatesan -- None Available
Venkatesan Ravikumar $1,035,000 First American Title Company
Hong Miao $670,000 American Title Insurance Co
Kwon Jung M $440,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ravikumar Family Revocable Tru $822,000
Closed Venkatesan Ravikumar $822,000
Closed Venkatesan Ravikumar $838,000
Closed Venkatesan Ravikumar $850,000
Closed Venkatesan Ravikumar $180,000
Closed Venkatesan Ravikumar $647,000
Closed Venkatesan Ravikumar $655,000
Closed Venkatesan Ravikumar $660,000
Previous Owner Hong Miao $390,000
Previous Owner Hong Miao $385,000
Previous Owner Hong Miao $455,000
Previous Owner Hong Miao $468,000
Previous Owner Hong Miao $515,000
Previous Owner Hong Miao $536,000
Previous Owner Kwon Jung M $495,000
Previous Owner Kwon Jung M $130,000
Previous Owner Kwon Jung M $44,000
Previous Owner Kwon Jung M $352,000
Source: Public Records

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 $17,906 $1,403,360 $1,040,009 $363,351
2023 $17,720 $1,375,844 $1,019,617 $356,227
2022 $17,633 $1,348,868 $999,625 $349,243
2021 $17,406 $1,322,421 $980,025 $342,396
2020 $17,099 $1,308,863 $969,977 $338,886
2019 $16,752 $1,283,200 $950,958 $332,242
2018 $16,283 $1,258,040 $932,312 $325,728
2017 $16,214 $1,233,374 $914,032 $319,342
2016 $15,733 $1,209,191 $896,110 $313,081
2015 $15,642 $1,191,029 $882,650 $308,379
2014 $14,420 $1,126,420 $865,361 $261,059
Source: Public Records

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