NOT LISTED FOR SALE

Estimated Value: $1,208,264

0.2 Acre
$6,102,343 Price per Acre
8,625 Sq Ft Lot

Last Sold February 21, 2020

Last sale price $1,475,000

Est. 18% decrease in value since last sale

Current estimated payment $8,133/month

39 Days on Market

About This Lot

As of February 2020

Great opportunity for church or temple- Two lots combined with 2 addresses 726 (Approx. 1200 SqFt) & 730 (Approx. 3000 SqFt). Two separated buildings. 730 is currently used as Community Event Center/ Meeting; Inside building 730, we have 4-5 bedrooms, 4 baths, kitchen. Inside 726 building is a regular 4b/2b home. Good size lot- zoned Commercial Neigh- Possible to rezone to Multi-Units. A lot of potential for building a church- Historical building- Permit unknown- Inside has been upgraded. Very close to San Jose downtown- San Jose State University- Central San Jose with potential of new Google.

Last Agent to Sell the Property

Sueann Cutshaw

Berkshire Hathaway HS Elite License #01715261 Listed on: 06/01/2019

Co-Listed By

Armeen Pourshams

Coldwell Banker Realty License #02010462

Last Buyer's Agent

Angel Villegas

Elite Realty Services License #01427274

Elite Realty Services

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $21,028

Lot Details

  • 8,625 Sq Ft Lot
  • Fenced Front Yard
  • Potential for Re-Zoning

Utilities

  • Gas Available

Community Details

Property Details

Property Type

Land

Est. Annual Taxes

$21,028

Lot Details

0

Listing Details

  • Zoning: CN
  • Subclass: Other Commercial Land
  • Listing Class: Commercial Lots & Land
  • Present Use: Church
  • Development Status: Improvements - Other, Possible Lot Split
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Fenced Front

Utilities

  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Potential Re-Zone
  • Lot Acres: 0.1980
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8623.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 8623.00
  • Parcel Access: Accessible

Multi Family

  • Utilities: Electricity - On Site, Gas - On Site
  • Number Of Buildings: 2

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2019
Closed on
Feb 20, 2020
Sold by
Benitez Maria E
Bought by
Guevara Marcelino Benitez
Seller's Agent
Sueann Cutshaw
Berkshire Hathaway HS Elite
Buyer's Agent
Angel Villegas
Elite Realty Services
List Price
$1,700,000
Sold Price
$1,475,000
Premium/Discount to List
-$225,000
-13.24%
Current Estimated Value
$1,208,264

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$266,736
Avg. Annual Appreciation
-3.51%
Original Mortgage
$1,032,500
Interest Rate
3.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 9, 2019
Sold by
Le Hai
Bought by
Guevara Marcelino Benitez

Purchase Details

Closed on
Jul 23, 2019
Sold by
Tran Kieu My Thi
Bought by
Le Hai

Purchase Details

Closed on
Jul 9, 2019
Sold by
Troung Dien Phuc and Le Hai
Bought by
Le Hai

Purchase Details

Closed on
Aug 15, 2003
Sold by
Central Ca Conference Assn Of The Sevent
Bought by
Truong Dien Phuc and Hai Le
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
Guevara Marcelino Benitez -- Chicago Title Company
Guevara Marcelino Benitez -- Chicago Title Company
Le Hai -- Chicago Title Company
Le Hai -- None Available
Truong Dien Phuc $375,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guevara Marcelino Benitez $1,125,000
Closed Guevara Marcelino Benitez $1,032,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/21/2020 02/21/20 Sold $1,475,000 -13.2% --
08/27/2019 08/27/19 Pending -- -- --
07/19/2019 07/19/19 For Sale $1,700,000 +15.3% --
06/01/2019 06/01/19 Off Market $1,475,000 -- --
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 $21,028 $1,613,124 $1,421,738 $191,386
2024 $21,028 $1,581,495 $1,393,861 $187,634
2023 $21,268 $1,550,486 $1,366,531 $183,955
2022 $20,541 $1,520,086 $1,339,737 $180,349
2021 $19,742 $1,490,281 $1,313,468 $176,813
2020 $13,577 $981,245 $751,752 $229,493
2019 $8,017 $477,947 $439,717 $38,230
2018 $7,758 $468,577 $431,096 $37,481
2017 $7,095 $459,391 $422,644 $36,747
2016 $6,001 $450,384 $414,357 $36,027
2015 $6,867 $443,619 $408,133 $35,486
2014 -- $434,930 $400,139 $34,791
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81749619

MLSListings

APN: 472-17-060