NOT LISTED FOR SALE

Estimated Value: $1,578,000 - $1,689,671

4 Beds
2 Baths
1,843 Sq Ft
$892/Sq Ft Est. Value

Last Sold June 20, 2017

Last sale price $940,000 $510 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $10,524/month

2 Days on Market

Highlights

  • Clubhouse
  • Sauna
  • Community Pool
  • Santa Teresa High School Rated A
  • Corian Countertops
  • Tennis Courts

About This Home

As of June 2017

Incredible Opportunity to Own this 1843 SQFT Rancho Santa Teresa Home. Gorgeous Single Level Home on a Beautiful Tree Lined Street. Formal Tiled Entry, Living Room and Step Down Family Room with Wood Burning Fireplace. Remodeled Kitchen with Corian Counter Tops, Large Eat-In/Dining Room. Master Suite plus 3 Spacious Bedrooms and Newly Upgraded Baths. Great Back Yard for a Family. Dual pane Windows,Ceiling Fans, Levolor Blinds, Updated, Furnace and A.C. Laminate Flooring and Newer Carpet Complete this Marvelous Home. Highly desired Santa Teresa Elementary & High and Bernal Intermediate Schools. Exclusive Swim & Racquet only $30 month HOA with 25 Yard Pool, Kiddie Pool, Updated Spa, Tennis Courts and Nearby Hiking Trials.

Last Agent to Sell the Property

Teva Perrizo

Pacific Investment Properties License #01197260 Listed on: 03/30/2017

Last Buyer's Agent

Bill Jones

Intero Real Estate Services License #01244115

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,548

Year Built

  • Built in 1972

Lot Details

  • 6,011 Sq Ft Lot
  • Front Yard Fenced and Back Yard
  • Wood Fence
  • Level Lot
  • Grass Covered Lot
  • Zoning described as R1-8

Parking

  • 2 Car Garage

Home Design

  • Raised Foundation
  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,843 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Washer and Dryer

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 704-17-014

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include pool spa or tennis, recreation facility
  • Rancho Santa Teresa Association
  • Built by Rancho Santa Teresa

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Basketball Court
  • Community Playground
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,548

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 45
  • Listing Class: Residential
  • Structure Sq Ft: 1843
  • Complex Name: Rancho Santa Teresa
  • Year Built: 1972
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1843
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab, Raised
  • Roof: Composition
  • Yard/Grounds: Back Yard, Fenced, Low Maintenance
  • Fencing: Fenced Front, Wood
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 30
  • HOA Amenities: BBQ Area, Basketball Court - Indoor Half, Club House, Community Pool, Playground, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • Association Fees Include: Pool, Spa, or Tennis, Recreation Facility
  • H O A Name Text: Rancho Santa Teresa
  • H O A Exist: Yes

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 704-17-014
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Second Unit Description: Playground

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2017
Closed on
Jun 13, 2017
Sold by
Bennett Garrett and Bennett Kathleen
Bought by
Cheng Liyong and Hu Min
Seller's Agent
Teva Perrizo
Pacific Investment Properties
Buyer's Agent
Bill Jones
Intero Real Estate Services
List Price
$899,000
Sold Price
$940,000
Premium/Discount to List
$41,000
4.56%
Total Days on Market
2
Current Estimated Value
$1,643,918

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$703,918
Avg. Annual Appreciation
6.86%
Original Mortgage
$752,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2010
Sold by
Merkley Christopher K and Merkley Denise N
Bought by
Bennett Garrett and Bennett Kathleen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$535,128
Interest Rate
5.03%
Mortgage Type
FHA

Purchase Details

Closed on
May 20, 2003
Sold by
Bush John C and Bush Linda
Bought by
Merkley Christopher K and Merkley Denise N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 1998
Sold by
Bush John C
Bought by
Bush John C and Bush Linda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
11.65%
Mortgage Type
Credit Line Revolving
Source: Public Records

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Range of Values:

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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
Cheng Liyong $940,000 Title 365 Company
Bennett Garrett $545,000 Old Republic Title Company
Merkley Christopher K $537,500 Old Republic Title Company
Bush John C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Liyong $541,156
Closed Cheng Liyong $569,083
Closed Cheng Liyong $752,000
Previous Owner Bennett Garrett $591,500
Previous Owner Bennett Garrett $520,000
Previous Owner Bennett Garrett $40,000
Previous Owner Bennett Garrett $524,313
Previous Owner Bennett Garrett $535,128
Previous Owner Merkley Christopher K $430,000
Previous Owner Bush John C $275,000
Previous Owner Bush John C $50,000
Previous Owner Bush John C $86,700
Previous Owner Bush John C $15,000
Previous Owner Bush John C $227,150
Closed Merkley Christopher K $53,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/20/2017 06/20/17 Sold $940,000 +4.6% $510 / Sq Ft
04/02/2017 04/02/17 Pending -- -- --
03/30/2017 03/30/17 For Sale $899,000 -- $488 / 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 $15,548 $1,069,554 $807,856 $261,698
2023 $15,310 $1,048,583 $792,016 $256,567
2022 $15,188 $1,028,024 $776,487 $251,537
2021 $14,952 $1,007,867 $761,262 $246,605
2020 $14,579 $997,534 $753,457 $244,077
2019 $14,221 $977,976 $738,684 $239,292
2018 $14,117 $958,800 $724,200 $234,600
2017 $9,476 $606,152 $424,308 $181,844
2016 $9,026 $594,268 $415,989 $178,279
2015 $8,830 $585,343 $409,741 $175,602
2014 $7,663 $573,878 $401,715 $172,163
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81644628

MLSListings

APN: 704-17-014