$3,580,000
SOLD MAR 18, 2025

972 Elm St San Jose, CA 95126

College Park Neighborhood
0.44 Acre
$8,207,244 Price per Acre
19,001 Sq Ft Lot

Recently Sold

$3,653 Per Sq Ft

357,999,900% Above List Price

54 Days on Market

About This Lot

As of March 2025

Prime investment opportunity to redevelop an approximately .44 acre parcel. Recently entitled for 8 single family homes in the College Park neighborhood of San Jose. Plans for each dwelling are for 4 bedrooms with 3.5 or 4 bathrooms. * Possible plan of up to 13 dwelling units (city approved density of 30 units/acre). * No low-income fee. * Flat rectangle lot with utilities on site. * CEQA is cleared; no remediation requirements; all other conditions have been cleared with City; straightforward project. * Located in the college park area with easy access to numerous amenities. * 4 minutes walk distance to Bellarmine College Preparatory, Bay Area best boys private high school. * 15 minutes walk distance to Google proposed 80 acres campus

Last Agent to Sell the Property

Wei Liu

Sunrise Value Investments License #01919034 Listed on: 01/07/2025

Last Buyer's Agent

Jerry Zang

Coldwell Banker Realty License #01702597

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $30,622

Year Built

  • 1955

Lot Details

  • 0.44 Acre Lot
  • Partially Fenced Property

Property Details

Property Type

Land

Est. Annual Taxes

$30,622

Year Built

1955

Lot Details

0

Listing Details

  • Zoning: R2
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Residential
  • Development Status: Tentative Map Approved
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built: 1955

Exterior Features

  • Fencing: Partial Fencing

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.4362
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 19000.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2025
Closed on
Mar 12, 2025
Sold by
Cn One Investment Llc
Bought by
Gz Investment Inc
Seller's Agent
Wei Liu
Sunrise Value Investments
Buyer's Agent
Jerry Zang
Coldwell Banker Realty
List Price
$1
Sold Price
$3,580,000
Premium/Discount to List
$3,579,999
357999900%
Total Days on Market
54
Views
79

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.80%

Purchase Details

Listed on
May 16, 2019
Closed on
Feb 18, 2020
Sold by
Okano Toshio and Okano Trust
Bought by
Cn One Investment Llc
Seller's Agent
Marlene VanVooren
Excel Realty
Buyer's Agent
Nina Mu
H & H Consulting and Realty, Inc
List Price
$3,000,000
Sold Price
$2,360,000
Premium/Discount to List
-$640,000
-21.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%

Purchase Details

Closed on
Feb 6, 2002
Sold by
Okano Toshio
Bought by
Okano Toshio
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 Type Sale Price Title Company
Grant Deed $3,580,000 Commonwealth Land Title
Grant Deed $2,360,000 Old Republic Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/18/2025 03/18/25 Sold $3,580,000 +51.7% $3,653 / Sq Ft
03/03/2025 03/03/25 Pending -- -- --
02/04/2025 02/04/25 Off Market $2,360,000 -- --
01/22/2025 01/22/25 Price Changed $3,880,000 +387999900.0% $3,959 / Sq Ft
01/07/2025 01/07/25 For Sale $1 -100.0% $0 / Sq Ft
02/20/2020 02/20/20 Sold $2,360,000 -9.2% $124 / Sq Ft
12/20/2019 12/20/19 Pending -- -- --
09/17/2019 09/17/19 Price Changed $2,600,000 -3.7% $137 / Sq Ft
07/09/2019 07/09/19 Price Changed $2,700,000 -10.0% $142 / Sq Ft
05/16/2019 05/16/19 For Sale $3,000,000 -- $158 / 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 $30,622 $2,530,393 $2,476,785 $53,608
2023 $30,622 $2,480,778 $2,428,221 $52,557
2022 $29,861 $2,432,136 $2,380,609 $51,527
2021 $29,357 $2,384,448 $2,333,931 $50,517
2020 $2,532 $111,147 $54,265 $56,882
2019 $2,452 $108,968 $53,201 $55,767
2018 $2,404 $106,832 $52,158 $54,674
2017 $2,368 $104,738 $51,136 $53,602
2016 $2,232 $102,685 $50,134 $52,551
2015 $2,200 $101,143 $49,381 $51,762
2014 $1,784 $99,163 $48,414 $50,749
Source: Public Records

Agents Affiliated with this Home

  • Wei Liu

    Seller's Agent in 2025

    Wei Liu

    Sunrise Value Investments

    (650) 823-1861

    1 Total Sale

    Wei Liu
    Section Image
  • Jerry Zang

    Buyer's Agent in 2025

    Jerry Zang

    Coldwell Banker Realty

    (408) 930-4684

    136 Total Sales

    Jerry Zang
    Section Image

  • M

    Seller's Agent in 2020

    Marlene VanVooren

    Excel Realty

    (925) 216-2783

    1 Total Sale

    Marlene VanVooren
    Section Image

  • N

    Buyer's Agent in 2020

    Nina Mu

    H & H Consulting and Realty, Inc

    (408) 207-5317

    16 Total Sales

    Nina Mu
    Section Image
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Map

Source: MLSListings

MLS Number: ML81989620

MLSListings

APN: 230-41-025

California Santa Clara County San Jose 95126 College Park

972 Elm St, San Jose, CA

This home is located at 972 Elm St, San Jose, CA 95126 and is currently priced at $3,580,000, approximately $3,653 per square foot. This property was built in 1955. 972 Elm St is a home located in Santa Clara County with nearby schools including Merritt Trace Elementary, Herbert Hoover Middle School, and Abraham Lincoln High.

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