NOT LISTED FOR SALE

851 Salt Lake Dr San Jose, CA 95133

Penitencia Neighborhood

Estimated Value: $1,184,000 - $1,619,000

3 Beds
2.5 Baths
1,299 Sq Ft
$1,075/Sq Ft Est. Value

Last Sold December 27, 2013

Last sale price $640,000 $493 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $8,543/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Living Room with Fireplace
  • Forced Air Heating System
  • Piedmont Middle School Rated A-
  • Breakfast Area or Nook
  • Dining Room

About This Home

As of December 2013

Beautiful Home in North San Jose - Perfect for 1st Time Home Buyer! Lot of Upgrades throughout the house....

Last Agent to Sell the Property

Tam Quach

Tuscany Real Estate Services, Inc. License #01248204 Listed on: 11/14/2013

Tuscany Real Estate Services, Inc.

Last Buyer's Agent

Chiao C Lee

Realty One Group - World Properties License #01261719

Realty One Group - World Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,237

Year Built

  • Built in 1985

Lot Details

  • Sprinklers on Timer
  • Zoning described as R1B6

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,299 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 592-28-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,237

Year Built

Built in 1985

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 28
  • Sale Price Per Sq Ft: 492.69
  • Listing Class: Residential
  • Structure Sq Ft: 1299
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 6
  • Map Top Coordinate: G
  • Thomas Bros Page: 814
  • Thomas Brothers: G6
  • Year Built: 1985
  • Zoning Description: R1B6
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, 220 Volt Outlet
  • Living Sq Ft: 1299
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: 220 Volt Outlet
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Composition
  • Yard/Grounds: Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 592-28-006
  • List Price per Sq Ft: 458.04
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3500.00
  • Lot Size Area Min Search: 3500.00
  • Maximum Lot Size: 3500.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 26, 2016
Sold by
Ning Chengzhi
Bought by
Ning Chengzhi and Zhang Yan
Current Estimated Value
$1,395,959

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$336,882
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,116,678

Purchase Details

Listed on
Nov 14, 2013
Closed on
Dec 11, 2013
Sold by
Chansomphou Kim and Lim Norman
Bought by
Ning Chengzhi
Seller's Agent
Tam Quach
Tuscany Real Estate Services, Inc.
Buyer's Agent
Chiao C Lee
Realty One Group - World Properties
List Price
$595,000
Sold Price
$640,000
Premium/Discount to List
$45,000
7.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.28%
Original Mortgage
$445,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2005
Sold by
Lim Norman and Chansomphou Kim
Bought by
Lim Norman and Chansomphou Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
5.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 1994
Sold by
Ong Glen P and Leong Helen S
Bought by
Lim Norman and Chansomphou Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,800
Interest Rate
3.75%
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
Ning Chengzhi -- Chicago Title Company
Ning Chengzhi $640,000 Old Republic Title Company
Lim Norman -- Financial Title Company
Lim Norman $216,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ning Chengzhi $417,000
Closed Ning Chengzhi $437,000
Closed Ning Chengzhi $441,500
Closed Ning Chengzhi $445,000
Previous Owner Lim Norman $560,000
Previous Owner Lim Norman $320,000
Previous Owner Lim Norman $350,000
Previous Owner Lim Norman $275,000
Previous Owner Lim Norman $60,000
Previous Owner Lim Norman $172,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2013 12/27/13 Sold $640,000 +7.6% $493 / Sq Ft
11/27/2013 11/27/13 Pending -- -- --
11/14/2013 11/14/13 For Sale $595,000 -- $458 / 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 $11,237 $784,538 $470,724 $313,814
2024 $11,237 $769,156 $461,495 $307,661
2023 $11,038 $754,076 $452,447 $301,629
2022 $10,995 $739,291 $443,576 $295,715
2021 $10,644 $724,796 $434,879 $289,917
2020 $10,319 $717,365 $430,420 $286,945
2019 $9,842 $703,300 $421,981 $281,319
2018 $9,703 $689,510 $413,707 $275,803
2017 $9,779 $675,992 $405,596 $270,396
2016 $9,356 $662,739 $397,644 $265,095
2015 $9,247 $652,786 $391,672 $261,114
2014 $8,517 $640,000 $384,000 $256,000
Source: Public Records

Agents Affiliated with this Home

  • T

    Seller's Agent in 2013

    Tam Quach

    Tuscany Real Estate Services, Inc.

    (408) 955-9900

    5 Total Sales

    Tam Quach
    Section Image

  • C

    Buyer's Agent in 2013

    Chiao C Lee

    Realty One Group - World Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81340985

MLSListings

APN: 592-28-006

California Santa Clara County San Jose 95133 Penitencia

851 Salt Lake Dr, San Jose, CA

This home is located at 851 Salt Lake Dr, San Jose, CA 95133 since 14 November 2013 and is currently estimated at $1,395,959, approximately $1,074 per square foot. This property was built in 1985. 851 Salt Lake Dr is a home located in Santa Clara County with nearby schools including Toyon Elementary School, Piedmont Middle School, and Independence High School.

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