NOT LISTED FOR SALE

Estimated Value: $984,000 - $1,260,484

2 Beds
1 Bath
1,160 Sq Ft
$955/Sq Ft Est. Value

Last Sold September 08, 2017

Last sale price $685,000 $591 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,230/month

9 Days on Market

Highlights

  • Eat-In Kitchen
  • 1-Story Property
  • 5-minute walk to Theodore Lenzen Park

About This Home

As of September 2017

Opportunity awaits at this lovely cottage situated in Garden Alameda area of San Jose, offering tremendous charm and potential upside for investors. Minutes from Whole Foods, the new proposed Google Campus, SAP Center, San Pedro Square, the Alameda shops/dining, Caltrain and all that downtown San Jose has to offer. Fresh paint, plush carpeting and a blank canvass for your imagination. Build sweat equity at 945 Cinnabar St.

Last Agent to Sell the Property

Enrique Medellin

Paramount Realty Group License #01449832 Listed on: 08/22/2017

Co-Listed By

Robert Ortiz

Paramount Realty Group License #01816989

Last Buyer's Agent

LEN HA

Coldwell Banker Realty License #01344899

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,107

Year Built

  • Built in 1905

Lot Details

  • 2,945 Sq Ft Lot
  • Zoning described as LI

Parking

  • No Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Utilities

  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 261-03-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,107

Year Built

Built in 1905

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Age: 112
  • Listing Class: Residential
  • Structure Sq Ft: 1160
  • Year Built: 1905
  • Zoning Description: LI
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Living Sq Ft: 1160
  • Stories: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

  • Garage Parking Features: No Garage

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Parcel Number: 261-03-004
  • Lot Acres: 0.0676
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2945.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2945.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Tranvan Jacqueline and Tranvan Valerie
Bought by
Fortuna Coast Investments Llc
Total Days on Market
9
Current Estimated Value
$1,108,121

Purchase Details

Closed on
Jun 28, 2018
Sold by
Vu Cecilia T
Bought by
Tranvan Jacqueline and Tranvan Valerie

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 7, 2017
Sold by
Tranvan An
Bought by
Vu Cecilia T
Seller's Agent
Enrique Medellin
Paramount Realty Group
Buyer's Agent
LEN HA
Coldwell Banker Realty
List Price
$639,000
Sold Price
$685,000
Premium/Discount to List
$46,000
7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$540,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Listed on
Aug 22, 2017
Closed on
Jul 26, 2017
Sold by
Torrez Gloria Maria and Torres Gloria Maria
Bought by
Palomino Enterprises Inc
Seller's Agent
Enrique Medellin
Paramount Realty Group
Buyer's Agent
LEN HA
Coldwell Banker Realty
List Price
$639,000
Sold Price
$685,000
Premium/Discount to List
$46,000
7.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
3.88%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Apr 3, 2015
Sold by
Torres Gloria Maria and Torres Edgar Jose
Bought by
Torres Gloria Maria and Torres Edgar Jose

Purchase Details

Closed on
Jul 23, 2004
Sold by
Ream Stephanie Serpa
Bought by
Torres Edgar Jose and Torres Gloria Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,600
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2002
Sold by
Ream Thomas George
Bought by
Ream Stephanie Serpa
Source: Public Records

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Range of Values:

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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
Fortuna Coast Investments Llc -- None Available
Tranvan Jacqueline -- None Available
Vu Cecilia T -- Chicago Title Company
Vu Cecilia T $685,000 Chicago Title Company
Palomino Enterprises Inc $540,000 Old Republic Title Company
Torres Gloria Maria -- Fidelity National Title Co
Torres Edgar Jose $382,000 Alliance Title Company
Ream Stephanie Serpa -- Stewart Title Of California
Ream Stephanie Serpa -- Stewart Title Of California
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Palomino Enterprises Inc $540,000
Previous Owner Torres Gloria Maria $512,000
Previous Owner Torres Edgar Jose $450,000
Previous Owner Torres Edgar Jose $305,600
Closed Torres Edgar Jose $76,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2017 09/08/17 Sold $685,000 +7.2% $591 / Sq Ft
09/01/2017 09/01/17 Pending -- -- --
08/22/2017 08/22/17 For Sale $639,000 +18.3% $551 / Sq Ft
07/28/2017 07/28/17 Sold $540,000 +8.0% $466 / Sq Ft
09/23/2016 09/23/16 Pending -- -- --
01/19/2016 01/19/16 For Sale $500,000 -- $431 / 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 $12,107 $899,170 $666,912 $232,258
2023 $11,862 $881,540 $653,836 $227,704
2022 $11,762 $864,256 $641,016 $223,240
2021 $11,507 $847,311 $628,448 $218,863
2020 $11,248 $838,624 $622,005 $216,619
2019 $11,006 $822,181 $609,809 $212,372
2018 $9,465 $685,000 $513,700 $171,300
2017 $6,839 $458,790 $384,330 $74,460
2016 $6,668 $449,795 $376,795 $73,000
2015 $6,525 $443,040 $371,136 $71,904
2014 -- $434,362 $363,866 $70,496
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81675004

MLSListings

APN: 261-03-004