NOT LISTED FOR SALE

Estimated Value: $1,040,000 - $1,209,000

3 Beds
1.5 Baths
1,424 Sq Ft
$783/Sq Ft Est. Value

Last Sold August 18, 2017

Last sale price $800,000 $562 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $7,004/month

53 Days on Market

Highlights

  • 0.25 Acre Lot
  • 2 Car Detached Garage
  • Forced Air Heating System
  • Formal Dining Room
  • Eat-In Kitchen
  • Separate Family Room

About This Home

As of August 2017

DIAMOND IN ROCK! It is a HUGE LOT, 10,934 square feet of the lot size. Located in the King Road and Alum Rock Avenue, this is the best opportunity for anyone who owns it for living and running a home business. For investors and contractors, this is the perfect chance to subdivide it into two lots (R-1-8 zoning & Minimum lot 5,445 S.F); each lot can be built one single family and an additional in-law unit about 600 S.F. Also, its location is very convenient: easy to access to the 101, 280, and 680; one mile away from Downtown San Jose; close to trolley and bus stations.

Last Agent to Sell the Property

Ky Lam Ly

Tuscany Real Estate Services, Inc. License #01385177 Listed on: 05/25/2017

Tuscany Real Estate Services, Inc.

Last Buyer's Agent

Yilin Yu

Loan Factory License #01974616

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,478

Year Built

  • Built in 1915

Lot Details

  • 0.25 Acre Lot
  • Zoning described as R1-8

Parking

  • 2 Car Detached Garage

Home Design

  • Composition Roof

Interior Spaces

  • 1,424 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating System
  • Heating System Uses Gas

Listing and Financial Details

  • Assessor Parcel Number 481-15-015

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,478

Year Built

Built in 1915

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 102
  • Listing Class: Residential
  • Structure Sq Ft: 1424
  • Year Built: 1915
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Bar, Eat in Kitchen, Formal Dining Room
  • Living Sq Ft: 1424
  • Stories: 1
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage

Utilities

  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 481-15-015
  • Lot Acres: 0.2510
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 10934.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 10934.00

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2017
Closed on
Aug 14, 2017
Sold by
Lee Richard Cheong and Lee Helen Khanh
Bought by
Liu Zizuo and Wang Qiong
Seller's Agent
Ky Lam Ly
Tuscany Real Estate Services, Inc.
Buyer's Agent
Yilin Yu
Loan Factory
List Price
$850,000
Sold Price
$800,000
Premium/Discount to List
-$50,000
-5.88%
Current Estimated Value
$1,094,538

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,538
Avg. Annual Appreciation
4.23%
Original Mortgage
$605,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2002
Sold by
Tran Nhien The and Tran Thao Cam Ly
Bought by
Lee Richard Cheong and Lee Helen Khanh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.22%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 31, 1994
Sold by
Tran Nhien The and Tran Thao C Ly
Bought by
Tran Nhien The and Tran Thao Cam Ly
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
Liu Zizuo $800,000 Chicago Title Company
Lee Richard Cheong $380,000 Commonwealth Land Title
Tran Nhien The -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Zizuo $570,000
Closed Liu Zizuo $585,000
Closed Liu Zizuo $605,000
Previous Owner Lee Richard Cheong $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/18/2017 08/18/17 Sold $800,000 -5.9% $562 / Sq Ft
07/18/2017 07/18/17 Pending -- -- --
07/05/2017 07/05/17 For Sale $850,000 0.0% $597 / Sq Ft
07/05/2017 07/05/17 Price Changed $850,000 -5.3% $597 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
05/25/2017 05/25/17 For Sale $898,000 -- $631 / 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 $12,478 $910,258 $739,587 $170,671
2024 $12,478 $892,411 $725,086 $167,325
2023 $12,225 $874,914 $710,869 $164,045
2022 $12,094 $857,760 $696,931 $160,829
2021 $12,298 $840,942 $683,266 $157,676
2020 $11,006 $832,320 $676,260 $156,060
2019 $10,770 $816,000 $663,000 $153,000
2018 $10,662 $800,000 $650,000 $150,000
2017 $6,862 $474,205 $471,716 $2,489
2016 $6,699 $464,908 $462,467 $2,441
2015 $6,648 $457,926 $455,521 $2,405
2014 $5,600 $448,956 $446,598 $2,358
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81653238

MLSListings

APN: 481-15-015