NOT LISTED FOR SALE

7261 Martwood Way San Jose, CA 95120

Estimated Value: $1,354,759 - $1,449,000

3 Beds
2.5 Baths
1,538 Sq Ft
$925/Sq Ft Est. Value

Last Sold August 12, 2024

Last sale price $1,405,000 $914 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $8,339/month

14 Days on Market

Highlights

  • View of Hills
  • Deck
  • High Ceiling
  • Graystone Elementary School Rated A-
  • Loft
  • Den

About This Home

As of August 2024

SINGLE FAMILY HOME. NO HOA. TOP ALMADEN SCHOOLS. LOTS OF NATURAL LIGHT. UPGRADED HOME. Step inside this beautifully remodeled home in the coveted Almaden Valley, w/ vaulted ceilings, and a bright spacious floor plan. 3 Bedrooms, 2.5 Bathrooms + LOFT. This attached single-family home has best schools. Upgraded kitchen with new quartz countertops and luxury vinyl flooring. The spacious master suite hasA vaulted ceilings, a walk-in closet and one more large closet. The loft provides ample space for a home office, prayer room, kids study area, home gym, and more. Recent updates include recessed lights, kitchen upgrade, family room flooring, new interior paint, and more. This home is conveniently located close to award-winning schools (Graystone Elem, Bret Harte Middle, and Leland High), many trails, and Quicksilver County Park. You're just a short drive from Trader Joe's, Costco, Whole Foods, and the Oakridge Mall. Don't miss this desirable home as it will not last long in the market. Offers Due Wed/7/24 at 11am

Last Agent to Sell the Property

Samit Shah

Compass License #01906486 Listed on: 07/10/2024

Compass

Last Buyer's Agent

Lisa Smith

KW Bay Area Estates License #02028893

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,741

Year Built

  • Built in 1985

Lot Details

  • 3,049 Sq Ft Lot
  • Back Yard Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,538 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Garden Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Den
  • Loft
  • Views of Hills
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • ENERGY STAR Qualified Appliances

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub with Shower
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 742-35-108

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,741

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1538
  • Year Built: 1985
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: Dishwasher, Refrigerator
  • Living Sq Ft: 1538
  • Stories: 2
  • Bedrooms: Walk-in Closet
  • Laundry: In Garage
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Loft
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Hills
  • Yard/Grounds: Balcony / Patio, Deck, Fenced, Sprinklers - Auto
  • Fencing: Fenced Back
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window, High Ceiling

Schools

  • High School: 346

Lot Info

  • Parcel Number: 742-35-108
  • Lot Acres: 0.0700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3049.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3049.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Thermostat Controller

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

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 10, 2024
Closed on
Jul 26, 2024
Sold by
Nayak Ram and Nayak Pritiben
Bought by
Kumar Aman and Sheel Shweta
Seller's Agent
Samit Shah
Compass
Buyer's Agent
Lisa Smith
KW Bay Area Estates
List Price
$1,375,000
Sold Price
$1,405,000
Premium/Discount to List
$30,000
2.18%
Views
44
Current Estimated Value
$1,422,190

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,190
Avg. Annual Appreciation
1.01%
Original Mortgage
$1,183,000
Outstanding Balance
$1,164,703
Interest Rate
6%
Mortgage Type
New Conventional
Estimated Equity
$257,487

Purchase Details

Closed on
Sep 17, 2009
Sold by
Srivatsav Jaideep
Bought by
Nayak Ram and Nayak Pritiben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2004
Sold by
Kim Jeong Han and Lee Seok
Bought by
Srivastav Jaideep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2004
Sold by
Srivastava Sanchali
Bought by
Srivastav Jaideep

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2001
Sold by
So Victor S P and Ngai So Mei
Bought by
Kim Jeong Han and Lee You Seok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$391,200
Interest Rate
7.06%
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 Aman $1,405,000 Chicago Title Company
Nayak Ram $630,000 Chicago Title Company
Srivastav Jaideep $585,000 Fidelity National Title Ins
Srivastav Jaideep -- Fidelity National Title Ins
Kim Jeong Han $489,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumar Aman $1,183,000
Previous Owner Nayak Ram $504,000
Previous Owner Srivastav Jaideep $468,000
Previous Owner Kim Jeong Han $391,200
Closed Kim Jeong Han $48,900
Closed Srivastav Jaideep $77,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2024 08/12/24 Sold $1,405,000 +2.2% $914 / Sq Ft
07/25/2024 07/25/24 Pending -- -- --
07/10/2024 07/10/24 For Sale $1,375,000 -- $894 / 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 $10,741 $1,405,000 $772,700 $632,300
2024 $10,741 $797,261 $379,649 $417,612
2023 $10,526 $781,629 $372,205 $409,424
2022 $10,423 $766,304 $364,907 $401,397
2021 $10,194 $751,279 $357,752 $393,527
2020 $9,955 $743,576 $354,084 $389,492
2019 $9,735 $728,997 $347,142 $381,855
2018 $9,631 $714,704 $340,336 $374,368
2017 $9,550 $700,691 $333,663 $367,028
2016 $9,370 $686,953 $327,121 $359,832
2015 $9,305 $676,635 $322,208 $354,427
2014 $8,795 $663,382 $315,897 $347,485
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81972641

MLSListings

APN: 742-35-108