NOT LISTED FOR SALE

Estimated Value: $1,858,000 - $2,244,000

0.3 Acre
$6,909,823 Price per Acre
13,072 Sq Ft Lot

Last Sold September 06, 2022

Last sale price $1,570,000 $1,252 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $13,087/month

54 Days on Market

Highlights

  • Wood Fence
  • Westmont High School Rated A
  • Level Lot

About This Lot

As of September 2022

100k Price Improvement Huge Opportunity!! 2-bed 2-bath unit with additional living space and lots of extras... Tremendous ADU possibilities! Come out and see the potential of this subdividable property in a great neighborhood! Subject to SB9 requirements!

Last Agent to Sell the Property

Joseph Rubino

Coldwell Banker Realty License #01915838 Listed on: 06/14/2022

Coldwell Banker Realty

Last Buyer's Agent

Mike Masoumi

RE/MAX Santa Clara Valley License #00887609

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,610

Lot Details

  • 0.3 Acre Lot
  • Wood Fence
  • Level Lot
  • Flag Lot

Property Details

Property Type

Land

Est. Annual Taxes

$19,610

Lot Details

0

Listing Details

  • Zoning: R-1-1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Residential, Single Family
  • Development Status: Build To Suit, Design Review Required, Lot Split Possible
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Wood

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High
  • Elementary School: Capri Elementary
  • Middle School: Rolling Hills Middle
  • High School: Westmont High
  • High School: 242
  • Elementary School: 51
  • Middle School: 63

Lot Info

  • Lot Description: Flag Lot, Grade - Level, Regular
  • Lot Acres: 0.3001
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 13074.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 13074.00
  • Parcel Access: City Street, Paved Road

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 5, 2023
Sold by
Masoumi Omid D and Shahabi Mohammad R
Bought by
O & M Construction Llc
Current Estimated Value
$2,073,638

Purchase Details

Listed on
Jun 14, 2022
Closed on
Sep 1, 2022
Sold by
Bagheri Mahdis
Bought by
Masoumi Omid D
Seller's Agent
Joseph Rubino
Coldwell Banker Realty
Buyer's Agent
Mike Masoumi
RE/MAX Santa Clara Valley
List Price
$1,825,800
Sold Price
$1,570,000
Premium/Discount to List
-$255,800
-14.01%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.23%
Original Mortgage
$1,082,550
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 14, 2022
Closed on
Aug 18, 2022
Sold by
Irvin & Arlene Mcvea Family 1999 Trust
Bought by
Masoumi Omid D and Shahabi Mohammad R
Seller's Agent
Joseph Rubino
Coldwell Banker Realty
Buyer's Agent
Mike Masoumi
RE/MAX Santa Clara Valley
List Price
$1,825,800
Sold Price
$1,570,000
Premium/Discount to List
-$255,800
-14.01%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,082,550
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 1999
Sold by
Mcvea Irvin G and Mcvea Arleen D
Bought by
Mcvea Irvin G and Mcvea Arlene D
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
O & M Construction Llc -- Old Republic Title
Masoumi Omid D -- Cornerstone Title
Shahabi Mohammad R -- Cornerstone Title
Masoumi Omid D $1,546,500 Cornerstone Title
Mcvea Irvin G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open O & M Construction Llc $3,130,000
Previous Owner Masoumi Omid D $1,082,550
Previous Owner Masoumi Omid D $1,082,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/06/2022 09/06/22 Sold $1,570,000 -3.4% $1,252 / Sq Ft
08/08/2022 08/08/22 Pending -- -- --
08/06/2022 08/06/22 Price Changed $1,625,000 -5.8% $1,296 / Sq Ft
06/28/2022 06/28/22 Price Changed $1,725,000 -5.5% $1,376 / Sq Ft
06/14/2022 06/14/22 For Sale $1,825,800 -- $1,456 / 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 $19,610 $1,601,400 $1,499,400 $102,000
2023 $18,604 $1,460,000 $1,367,000 $93,000
2022 $1,829 $65,688 $29,577 $36,111
2021 $1,775 $64,401 $28,998 $35,403
2020 $1,718 $63,741 $28,701 $35,040
2019 $1,676 $62,492 $28,139 $34,353
2018 $1,620 $61,268 $27,588 $33,680
2017 $1,578 $60,068 $27,048 $33,020
2016 $1,481 $58,891 $26,518 $32,373
2015 $1,428 $58,007 $26,120 $31,887
2014 $1,298 $56,872 $25,609 $31,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81896135

MLSListings

APN: 406-22-010