NOT LISTED FOR SALE

Estimated Value: $976,000 - $1,220,921

3 Beds
1 Bath
1,264 Sq Ft
$892/Sq Ft Est. Value

Last Sold September 14, 2022

Last sale price $980,000 $775 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $7,374/month

13 Days on Market

Highlights

  • Formal Dining Room
  • Forced Air Heating and Cooling System
  • 5-minute walk to Backesto Park
  • 4 Car Detached Garage
  • 1-Story Property

About This Home

As of September 2022

Nestled within the northern end of Downtown San Jose, this magnificent residence presents itself as a wonderful investment opportunity. Situated on a nearly 5000 Sq. Ft. lot, this home boasts an oversized four-car garage, about 600 Sq.Ft., an expansive kitchen, and nice outdoor patio space. The front exterior presents an extensive RV driveway, updated curb appeal, and a sprawling front porch. Dual entrances make this home a splendid opportunity for investors. The main home displays updated and refinished flooring, enormous bedroom sizes, and a plethora of recent updates. The large kitchen stretches between the main homes three living areas, creating an illustrious flow across the floor plan. This home also features a wood-burning stove, an expansive basement with storage, a wet bar space, and numerous other unique features. Positioned as a property with huge potential, we urge you to come to view this Downtown gem before its gone.

Last Agent to Sell the Property

Jorge Zegarra

Intero R E Services License #01098710 Listed on: 08/10/2022

Intero  R E Services

Last Buyer's Agent

Yajnesh Rai

Keller Williams Realty-Silicon Valley License #01924991

Keller Williams Realty-Silicon Valley

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,699

Year Built

  • 1925

Lot Details

  • 4,957

Parking

  • 4 Car Detached Garage

Home Design

  • Wood Frame Construction
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,264 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Formal Dining Room
  • Crawl Space

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Additional Features

  • 4,957 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,699

Year Built

1925

Lot Details

0

Parking

4

Listing Details

  • Zoning: R2
  • Subclass: Single Family Home
  • Age: 97
  • Listing Class: Residential
  • Structure Sq Ft: 1264
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1925

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room
  • Dining Room: Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1264
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space, Wood Frame
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 4
  • Garage Max: 4
  • Garage Min: 4
  • Garage Parking Features: Detached Garage

Utilities

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

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Acres: 0.1138
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4959.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4959.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 10, 2022
Closed on
Sep 8, 2022
Sold by
Giovanni Traino
Bought by
Rai Family Revocable Living Trust
Seller's Agent
Jorge Zegarra
Intero R E Services
Buyer's Agent
Yajnesh Rai
Keller Williams Realty-Silicon Valley
List Price
$995,000
Sold Price
$980,000
Premium/Discount to List
-$15,000
-1.51%
Current Estimated Value
$1,138,335

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,335
Avg. Annual Appreciation
6.45%
Original Mortgage
$784,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 10, 2022
Sold by
Giuseppe Traino Trust
Bought by
Giuseppe Traino Trust

Purchase Details

Closed on
Feb 18, 2015
Sold by
Traino Giuseppe
Bought by
Traino Giuseppe

Purchase Details

Closed on
Aug 6, 2013
Sold by
Traino Giuseppe
Bought by
Traino Giuseppe

Purchase Details

Closed on
Nov 2, 2009
Sold by
Traino Giuseppe
Bought by
Traino Giuseppe

Purchase Details

Closed on
Feb 20, 2007
Sold by
Traino Giuseppe
Bought by
Traino Giuseppe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,500
Interest Rate
6.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2003
Sold by
Frazier Thelma Louise and Frazier Carl
Bought by
Traino Giuseppe
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
Rai Family Revocable Living Trust $980,000 --
Giuseppe Traino Trust -- None Listed On Document
Traino Giuseppe -- None Available
Traino Giuseppe -- None Available
Traino Giuseppe -- None Available
Traino Giuseppe -- Chicago Title Company
Traino Giuseppe -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rai Family Revocable Living Tr $765,000
Closed Rai Family Revocable Living Trust $784,000
Previous Owner Traino Giuseppe $417,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/14/2022 09/14/22 Sold $980,000 -1.5% $775 / Sq Ft
08/24/2022 08/24/22 Pending -- -- --
08/10/2022 08/10/22 For Sale $995,000 -- $787 / 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 $13,699 $1,019,592 $624,240 $395,352
2024 $13,699 $999,600 $612,000 $387,600
2023 $13,429 $980,000 $600,000 $380,000
2022 $2,085 $969,000 $714,000 $255,000
2021 $1,983 $49,342 $14,914 $34,428
2020 $1,888 $48,837 $14,762 $34,075
2019 $1,821 $47,880 $14,473 $33,407
2018 $1,779 $46,942 $14,190 $32,752
2017 $1,749 $46,022 $13,912 $32,110
2016 $1,617 $45,121 $13,640 $31,481
2015 $1,590 $44,445 $13,436 $31,009
2014 $1,180 $43,575 $13,173 $30,402
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81903357

MLSListings

APN: 249-31-026