NOT LISTED FOR SALE

702 N Capitol Ave Unit 1521 San Jose, CA 95133

Penitencia Neighborhood

Estimated Value: $1,005,000 - $1,190,000

3 Beds
3 Baths
1,522 Sq Ft
958 Sq Ft Lot

Last Sold October 19, 2012

Last sale price $462,335 $304 Per Sq Ft

Est. 131% increase in value since last sale

Current estimated payment $6,265/month

59 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Neighborhood Views
  • Piedmont Middle School Rated A-
  • Ground Level Unit
  • 2 Car Attached Garage

About This Home

As of October 2012

GREAT NEW 3 BEDROOM/3 BATH TOWNHOME with granite kitchen counters and a spacious balcony off the living room. An amazing value in an intimate townhome community with mature landscaping and a parklike setting. BUYER TO SELECT FLOORING. Prime location with easy access to Light Rail, freeways and shopping. STANDARD SALE-FAST CLOSING. HOA includes water and HO6 insurance.

Last Agent to Sell the Property

Mark Higgins

Mark Higgins, Broker License #01054840 Listed on: 07/16/2012

Last Buyer's Agent

Linda Richardson

RE/MAX Real Estate Services License #01350332

RE/MAX Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,226

Year Built

  • Built in 2009

Lot Details

  • 958

Parking

  • 2 Car Attached Garage
  • Tandem Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Ceiling Insulation
  • Tile Roof

Interior Spaces

  • 1,522 Sq Ft Home
  • Double Pane Windows
  • Formal Entry
  • Combination Dining and Living Room
  • Neighborhood Views
  • Gas Dryer Hookup

Kitchen

  • Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts

Additional Features

  • Energy-Efficient Insulation
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 592-30-039

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, management fee, reserves, roof, water, common area electricity, exterior painting, insurance - common area, unit coverage insurance
  • 45 Units
  • Capitol Station Community Association
  • Built by Capitol Station

Recreation

  • Community Playground

Additional Features

  • Community Barbecue Grill
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,226

Year Built

Built in 2009

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Sale Price Per Sq Ft: 303.77
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Max Numberof Unitsin Complex: 45
  • Min Numberof Unitsin Complex: 45
  • Structure Sq Ft: 1522
  • Complex Name: Capitol Station
  • Incorporated: Yes
  • Year Built: 2009
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Cooktop, Oven Range, Microwave, Oven - Self Cleaning, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1522
  • Security: Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Laundry Room, Gas Hookup, 220 Volt Outlet
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Tandem Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 260
  • HOA Amenities: Playground, BBQ Area
  • HOA Documents: Articles of Incorporation, Bylaws, Budget
  • Association Fees Include: Landscaping / Gardening, Management Fee, Reserves, Roof, Water, Common Area Electricity, Exterior Painting, Insurance - Common Area, Unit Coverage Insurance
  • H O A Name Text: Capitol Station Community Association
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Balcony/Patio

Schools

  • High School: 246

Lot Info

  • Parcel Number: 592-30-039
  • List Price per Sq Ft: 295.00
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Double Pane Windows, Thermostat Controller

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Ground Floor

MLS Schools

  • High School District Text: East Side Union High
  • Elementary School Text: Toyon Elementary
  • High School Text: Independence High
  • Middle School Text: Piedmont Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 8, 2012
Sold by
Capital Station Llc
Bought by
Kumar Pardeep and Sharma Poonam
Current Estimated Value
$1,065,911

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,751
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 21, 2012
Sold by
Sa Challenger Inc
Bought by
Capital Station Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$8,713,000
Interest Rate
3.84%
Mortgage Type
Construction

Purchase Details

Closed on
Oct 26, 2011
Sold by
Blossom Valley Investors Inc
Bought by
S A Challenger Inc
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
Kumar Pardeep $462,500 Fidelity National Title Co
Capital Station Llc $8,299,750 First American Title Ins Co
S A Challenger Inc $8,060,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kumar Pardeep $346,751
Previous Owner Capital Station Llc $8,713,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/19/2012 10/19/12 Sold $462,335 +3.0% $304 / Sq Ft
09/13/2012 09/13/12 Pending -- -- --
07/16/2012 07/16/12 For Sale $448,990 -- $295 / 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 $8,226 $569,524 $284,700 $284,824
2024 $8,226 $558,358 $279,118 $279,240
2023 $8,077 $547,411 $273,646 $273,765
2022 $8,041 $536,679 $268,281 $268,398
2021 $7,778 $526,157 $263,021 $263,136
2020 $7,521 $520,763 $260,325 $260,438
2019 $7,230 $510,553 $255,221 $255,332
2018 $7,124 $500,543 $250,217 $250,326
2017 $7,163 $490,729 $245,311 $245,418
2016 $6,864 $481,107 $240,501 $240,606
2015 $6,787 $473,881 $236,889 $236,992
2014 $6,123 $464,599 $232,249 $232,350
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81226541

MLSListings

APN: 592-30-039