NOT LISTED FOR SALE

983 Wallace Dr San Jose, CA 95120

Sunrise Almaden Neighborhood

Estimated Value: $1,916,000 - $2,109,233

4 Beds
2 Baths
1,859 Sq Ft
$1,082/Sq Ft Est. Value

Last Sold June 19, 2020

Last sale price $1,310,000 $705 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $12,416/month

7 Days on Market

Highlights

  • Views
  • Tile Flooring
  • Separate Family Room
  • Simonds Elementary School Rated A-
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of June 2020

Charming Single Family home in the desirable Almaden Valley neighborhood! This home features 4 bedrooms, 2 full bathrooms, 2 car attached garage and 1,859 Sq. Ft. of living space. Fully functional floor plan with a separate living room, dining area and family room. Large kitchen with ample countertop space and a breakfast nook. Private backyard with deck ideal for outdoor entertaining. Quiet family friendly street with views of the hills and mountains. Located in the heart of Silicon Valley with easy access to Almaden Expressway, HWY 85 and HWY 101. Short distance to restaurants, shopping, parks and more! Outstanding schools: Simonds Elementary, Bret Harte Middle and Leland High.

Last Agent to Sell the Property

Phil Billiet

Avior Real Estate License #01218829 Listed on: 05/12/2020

Last Buyer's Agent

Khatera Said

Redfin License #01956715

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,710

Year Built

  • Built in 1965

Lot Details

  • 6,726 Sq Ft Lot
  • Property is Fully Fenced
  • Zoning described as R1-8

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,859 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Area
  • Laundry in Garage
  • Property Views

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 696-15-089

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,710

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 55
  • Listing Class: Residential
  • Structure Sq Ft: 1859
  • Year Built: 1965
  • Zoning Description: R1-8
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1859
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Fencing: Complete Perimeter

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: San Jose Unified
  • Elementary School: Simonds Elementary
  • Middle School: Bret Harte Middle
  • High School: Leland High
  • High School: 346
  • Elementary School: 376
  • Middle School: 339

Lot Info

  • Lot Description: Views
  • Parcel Number: 696-15-089
  • Lot Acres: 0.1544
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6726.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6726.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: San Jose Unified
  • Elementary School Text: Simonds Elementary
  • High School Text: Leland High
  • Middle School Text: Bret Harte Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Aug 3, 2020
Sold by
Rice Patricia L
Bought by
Rice Patricia L and The Rice Living Trust
Seller's Agent
Phil Billiet
Avior Real Estate
Buyer's Agent
Khatera Said
Redfin
List Price
$1,250,000
Sold Price
$1,310,000
Premium/Discount to List
$60,000
4.8%
Current Estimated Value
$2,011,808

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$701,808
Avg. Annual Appreciation
8.58%
Original Mortgage
$1,048,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2020
Closed on
Jun 9, 2020
Sold by
Rice Patricia L and The Rice Living Trust
Bought by
Gupta Arjun and Apte Noopura Ajit
Seller's Agent
Phil Billiet
Avior Real Estate
Buyer's Agent
Khatera Said
Redfin
List Price
$1,250,000
Sold Price
$1,310,000
Premium/Discount to List
$60,000
4.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,048,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2008
Sold by
Rice Robert K and Rice Patricia L
Bought by
Rice Robert K and Rice Patricia L
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
Rice Patricia L -- Old Republic Title
Gupta Arjun $1,310,000 Old Republic Title Company
Rice Robert K -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gupta Arjun $1,048,000
Previous Owner Rice Robert K $322,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/19/2020 06/19/20 Sold $1,310,000 +4.8% $705 / Sq Ft
05/20/2020 05/20/20 Pending -- -- --
05/12/2020 05/12/20 For Sale $1,250,000 -- $672 / 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 $17,710 $1,432,673 $1,146,139 $286,534
2024 $17,710 $1,404,582 $1,123,666 $280,916
2023 $17,710 $1,377,042 $1,101,634 $275,408
2022 $17,311 $1,350,042 $1,080,034 $270,008
2021 $16,984 $1,323,571 $1,058,857 $264,714
2020 $4,530 $270,405 $97,304 $173,101
2019 $4,412 $265,104 $95,397 $169,707
2018 $4,348 $259,907 $93,527 $166,380
2017 $4,302 $254,812 $91,694 $163,118
2016 $4,156 $249,817 $89,897 $159,920
2015 $4,117 $246,065 $88,547 $157,518
2014 $3,636 $241,246 $86,813 $154,433
Source: Public Records

Agents Affiliated with this Home

  • Phil Billiet

    Seller's Agent in 2020

    Phil Billiet

    Avior Real Estate

    (650) 906-6969

    53 Total Sales

    Phil Billiet
    Section Image

  • K

    Buyer's Agent in 2020

    Khatera Said

    Redfin

    Section Image
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Map

Source: MLSListings

MLS Number: ML81792207

MLSListings

APN: 696-15-089

California Santa Clara County San Jose 95120 Sunrise Almaden

983 Wallace Dr, San Jose, CA

This home is located at 983 Wallace Dr, San Jose, CA 95120 since 12 May 2020 and is currently estimated at $2,011,808, approximately $1,082 per square foot. This property was built in 1965. 983 Wallace Dr is a home located in Santa Clara County with nearby schools including Simonds Elementary School, Bret Harte Middle School, and Leland High School.

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