NOT LISTED FOR SALE

7055 Morecambe Dr San Jose, CA 95120

Graystone Neighborhood

Estimated Value: $2,671,000 - $3,023,000

4 Beds
2.5 Baths
2,924 Sq Ft
$978/Sq Ft Est. Value

Last Sold April 11, 2016

Last sale price $1,715,000 $587 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $17,903/month

7 Days on Market

Highlights

  • 0.36 Acre Lot
  • Mountain View
  • Contemporary Architecture
  • Graystone Elementary School Rated A-
  • Deck
  • Vaulted Ceiling

About This Home

As of April 2016

Gorgeous Spacious Home in a Quiet Neighborhood Features 4 Spacious Bedrooms~Large & Gracious Living and Dining Room with Vaulted Ceiling~Remodeled Kitchen with Cabinets, Granite Counter Top and Stainless Steel Appliances~Separate Family Room & Wine Room Temp Controlled for 350+ Bottles~Bonus Room That Can Be Used as an Office/Den with Peaceful Mtn. Views~3 Car Garage~Huge Backyard and Large Deck Ready for Entertaining~Top Schools: Graystone, Bret Hart and Leland~"You'll Love It!"

Last Agent to Sell the Property

Xu Alick Zhang

RE/MAX Gold License #01353846 Listed on: 03/09/2016

RE/MAX Gold

Last Buyer's Agent

Neil Sheth

Bay East AOR License #01931967

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,708

Year Built

  • Built in 1980

Lot Details

  • 0.36 Acre Lot
  • Fenced
  • Corners Of The Lot Have Been Marked
  • Sloped Lot
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1-2P

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,924 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights in Kitchen
  • Gas Fireplace
  • Separate Family Room
  • Dining Area
  • Den
  • Mountain Views
  • Washer and Dryer Hookup

Kitchen

  • Built-In Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Travertine

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Additional Features

  • Deck
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 701-16-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,708

Year Built

Built in 1980

Lot Details

0

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 36
  • Listing Class: Residential
  • Structure Sq Ft: 2924
  • Year Built: 1980
  • Zoning Description: R1-2P
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Hood Over Range, Island, Microwave, Oven - Built-In, Oven - Double, Skylight
  • Living Sq Ft: 2924
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Tile, Travertine
  • Additional Rooms: Den / Study / Office
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Solid Surface, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Back Yard, Deck, Fenced, Sprinklers - Auto
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 3
  • Garage Max: 3
  • Garage Min: 3
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: San Jose Unified
  • Elementary School: Graystone Elementary
  • Middle School: Bret Harte Middle
  • High School: Leland High
  • High School: 346
  • Elementary School: 366
  • Middle School: 339

Lot Info

  • Lot Description: Corners Marked, Grade - Side Slope
  • Parcel Number: 701-16-033
  • Lot Acres: 0.3600
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 15660.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 15660.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Graystone Elementary
  • High School Text: Leland High
  • Middle School Text: Bret Harte Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2016
Closed on
Apr 6, 2016
Sold by
Ha Buu L
Bought by
Kaushikkar Harshavardhan and Kaushikkar Sujoyita
Seller's Agent
Xu Alick Zhang
RE/MAX Gold
Buyer's Agent
Neil Sheth
Bay East AOR
List Price
$1,749,900
Sold Price
$1,715,000
Premium/Discount to List
-$34,900
-1.99%
Current Estimated Value
$2,907,816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,192,816
Avg. Annual Appreciation
5.62%
Original Mortgage
$1,336,000
Outstanding Balance
$1,035,343
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,823,435

Purchase Details

Listed on
May 29, 2012
Closed on
Jul 24, 2012
Sold by
Powell Mark and Daugherty Powell Mary E
Bought by
Ha Buu L
Seller's Agent
Elaine Motekaitis
Coldwell Banker Realty
Buyer's Agent
Xu Alick Zhang
RE/MAX Gold
List Price
$1,275,000
Sold Price
$1,325,000
Premium/Discount to List
$50,000
3.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.30%
Original Mortgage
$1,060,000
Interest Rate
3.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2001
Sold by
Khoury Bassam I and Khoury Dima B
Bought by
Powell Mark and Dougherty Powell Mary Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.25%

Purchase Details

Closed on
May 14, 1996
Sold by
Wikle George R and Wikle Ellen
Bought by
Khoury Bassam I and Khoury Dima B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,200
Interest Rate
8%
Source: Public Records

Range of Values:

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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
Kaushikkar Harshavardhan $1,715,000 Chicago Title Company
Ha Buu L $1,325,000 Chicago Title Company
Powell Mark $1,395,000 North American Title Co
Khoury Bassam I $539,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kaushikkar Harshavardhan $1,336,000
Previous Owner Ha Buu L $1,060,000
Previous Owner Powell Mark $806,250
Previous Owner Powell Mark $807,000
Previous Owner Powell Mark $825,000
Previous Owner Powell Mark $630,000
Previous Owner Khoury Bassam I $200,000
Previous Owner Khoury Bassam I $484,000
Previous Owner Khoury Bassam I $474,200
Previous Owner Khoury Bassam I $475,000
Previous Owner Khoury Bassam I $431,200
Closed Khoury Bassam I $40,000
Closed Powell Mark $180,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/11/2016 04/11/16 Sold $1,715,000 -2.0% $587 / Sq Ft
03/17/2016 03/17/16 Pending -- -- --
03/09/2016 03/09/16 For Sale $1,749,900 +32.1% $598 / Sq Ft
08/15/2012 08/15/12 Sold $1,325,000 +3.9% $453 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
05/29/2012 05/29/12 For Sale $1,275,000 -- $436 / 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 $24,708 $2,054,746 $1,522,596 $532,150
2024 $24,708 $2,014,458 $1,492,742 $521,716
2023 $24,287 $1,974,960 $1,463,473 $511,487
2022 $24,066 $1,936,236 $1,434,778 $501,458
2021 $23,640 $1,898,272 $1,406,646 $491,626
2020 $23,166 $1,878,808 $1,392,223 $486,585
2019 $22,566 $1,830,310 $1,364,925 $465,385
2018 $22,389 $1,784,285 $1,338,162 $446,123
2017 $22,031 $1,749,300 $1,311,924 $437,376
2016 $17,777 $1,378,310 $1,033,681 $344,629
2015 $17,590 $1,357,608 $1,018,155 $339,453
2014 $17,091 $1,331,015 $998,211 $332,804
Source: Public Records

Agents Affiliated with this Home

  • X

    Seller's Agent in 2016

    Xu Alick Zhang

    RE/MAX

    Section Image

  • N

    Buyer's Agent in 2016

    Neil Sheth

    Bay East AOR

  • Elaine Motekaitis

    Seller's Agent in 2012

    Elaine Motekaitis

    Coldwell Banker Realty

    (408) 930-3288

    1 in this area

    18 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81564558

MLSListings

APN: 701-16-033

California Santa Clara County San Jose 95120 Graystone

7055 Morecambe Dr, San Jose, CA

This home is located at 7055 Morecambe Dr, San Jose, CA 95120 since 09 March 2016 and is currently estimated at $2,858,778, approximately $977 per square foot. This property was built in 1980. 7055 Morecambe Dr is a home located in Santa Clara County with nearby schools including Graystone Elementary School, Bret Harte Middle School, and Leland High School.

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