NOT LISTED FOR SALE

85 N Bascom Ave San Jose, CA 95128

Bascom-Forest Neighborhood

Estimated Value: $1,097,000 - $1,328,368

2 Beds
1 Bath
1,154 Sq Ft
$1,025/Sq Ft Est. Value

Last Sold March 22, 2019

Last sale price $700,000 $607 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $7,781/month

19 Days on Market

Highlights

  • Wood Flooring
  • Formal Dining Room
  • South Facing Home
  • Del Mar High School Rated A-
  • Forced Air Heating System
  • Wood Burning Fireplace

About This Home

As of March 2019

"Location, location, location!" rings true for this renovation property. An inspired builder could make this a perfect single-family home or take advantage of the commercial potential. Close to Santana Row, Valley Fair, Downtown Campbell and Willow Glen. 2.5 miles to Downtown SJ, SAP Center, proposed Google Campus. Easy access to Highway 280 & 880/17. Close to Municipal Rose Garden, schools, retail shops, and public transportation. Includes 3-5 off-street parking spots. 1/4 basement. Lot currently used as residential property, but potential to be zoned for county commercial use as office/bank/clinic. This investment property would make a great space for pedestrian-oriented retail activity. Use existing floorplan or renovate completely for a multi-story office space. Buyer needs to do their own due-diligence as to what is allowed/required by the city in terms of future commercial development. Excellent potential & great opportunity to build!

Last Agent to Sell the Property

Brett Jennings

Real Estate Experts License #70010020 Listed on: 02/19/2019

Real Estate Experts

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,957

Year Built

  • Built in 1918

Lot Details

  • 3,790 Sq Ft Lot
  • South Facing Home

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,154 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Formal Dining Room

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Parking

  • 4 Parking Spaces
  • On-Street Parking
  • Off-Street Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Wood Insert Heater

Listing and Financial Details

  • Assessor Parcel Number 274-41-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,957

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 101
  • Listing Class: Residential
  • Structure Sq Ft: 1154
  • Year Built: 1918
  • Zoning Description: G
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Insert, Wood Burning
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 1154
  • Stories: 1
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Property Faces: South

Garage/Parking

  • Parking Spaces: 4
  • Garage Parking Features: Off-Street Parking, On Street

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Campbell Union High

Lot Info

  • Parcel Number: 274-41-006
  • Lot Acres: 0.0870
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3789.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3789.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Campbell Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 19, 2019
Closed on
Mar 14, 2019
Sold by
Murphy Venona E and Meller Kenneth D
Bought by
Qureshi Sharmin
Seller's Agent
Brett Jennings
Real Estate Experts
Buyer's Agent
RECIP
Out of Area Office
List Price
$798,500
Sold Price
$700,000
Premium/Discount to List
-$98,500
-12.34%
Current Estimated Value
$1,183,342

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$483,342
Avg. Annual Appreciation
8.45%
Original Mortgage
$525,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Listed on
Feb 19, 2019
Closed on
Mar 7, 2019
Sold by
Murphy Venona E
Bought by
Murphy Venona E and Meller Kenneth D
Seller's Agent
Brett Jennings
Real Estate Experts
Buyer's Agent
RECIP
Out of Area Office
List Price
$798,500
Sold Price
$700,000
Premium/Discount to List
-$98,500
-12.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$525,000
Interest Rate
4.4%
Mortgage Type
Commercial

Purchase Details

Closed on
May 17, 1996
Sold by
Lowe Mildred M
Bought by
Murphy Venona E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
8.07%
Mortgage Type
Commercial
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
Qureshi Sharmin $700,000 Old Republic Title Company
Murphy Venona E -- Old Republic Title Company
Murphy Venona E $175,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Qureshi Sharmin $545,650
Closed Qureshi Sharmin $525,000
Previous Owner Meller Kenneth D $150,000
Previous Owner Murphy Venona E $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/22/2019 03/22/19 Sold $700,000 +16.9% $607 / Sq Ft
03/11/2019 03/11/19 Pending -- -- --
02/28/2019 02/28/19 Price Changed $599,000 -25.0% $519 / Sq Ft
02/19/2019 02/19/19 For Sale $798,500 -- $692 / 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
2024 $14,957 $1,077,851 $710,868 $366,983
2023 $10,795 $750,539 $696,930 $53,609
2022 $10,915 $735,823 $683,265 $52,558
2021 $10,812 $721,396 $669,868 $51,528
2020 $10,655 $714,000 $663,000 $51,000
2019 $4,611 $245,703 $96,790 $148,913
2018 $4,155 $240,887 $94,893 $145,994
2017 $3,996 $236,165 $93,033 $143,132
2016 $3,753 $231,535 $91,209 $140,326
2015 $3,660 $228,058 $89,839 $138,219
2014 $3,461 $223,592 $88,080 $135,512
Source: Public Records

Agents Affiliated with this Home

  • Brett Jennings

    Seller's Agent in 2019

    Brett Jennings

    Real Estate Experts

    (408) 427-9220

    1 in this area

    181 Total Sales

    Brett Jennings
    Section Image

  • R

    Buyer's Agent in 2019

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81739501

MLSListings

APN: 274-41-006

California Santa Clara County San Jose 95128 Bascom-Forest

85 N Bascom Ave, San Jose, CA

This home is located at 85 N Bascom Ave, San Jose, CA 95128 since 19 February 2019 and is currently estimated at $1,183,342, approximately $1,025 per square foot. This property was built in 1918. 85 N Bascom Ave is a home located in Santa Clara County with nearby schools including Luther Burbank Elementary School, Del Mar High School, and St. Martin Of Tours School.

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