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1042 North Capitol Avenue

1042 North Capitol Avenue, San Jose, CA 95133
Property in Summerdale
Sold May 12, 2022
$1,140,000
$912,000 by Stanford Federal Credit Union
Mortgage Due Jun 01, 2052
Sold Jan 29, 2003
$355,000
$213,000 by Lehman Brothers Bank Fsb
Mortgage Due Feb 01, 2033
1042 North Capitol Avenue has been categorized by the local assessors in San Jose, CA as a residential type of property. The building on the property was first built in 1977 and is 47 years old. The home has a total of 5 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1042 North Capitol Avenue has 1,045 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,200 ft and across the front of the lot is 310 ft. The area measurement of the land has been determined as 3,720 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a attached garage for those who require parking. The garage measured 465 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The roof of the building is made of wood shake/ shingles. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1042 North Capitol Avenue was last sold in May 5, 2022 for $1,140,000. According to our calculations, that's $1,090.91 per sqft. Prior to that sales transaction, the property was sold for $355,000 in Jan 24, 2003. Current property owners are expected to pay $7,724 in taxes per year. The property on 1042 North Capitol Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,162,800. To break that down further, the land itself was valued at $813,960. While improvements to the property were assessed at a total of $348,840. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 465
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,720
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 310
  • Total Building Area: 1,045
  • Gross Building Area: 1,510
  • Building Area: 1,045
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,045
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.085
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 5948 BOOK 384 PAGE 11 PAGE 12 LOT 25

Ownership

  • Current Owner : KANCHARLA SUVIDHA
  • Previous Owner : CHU AND LAM LEE FAMILY TRUST
  • Owner Before Previous Owner: CHAVARRIA TUYET
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Berryessa Union Elementary School District
  • Census Tract: 504307

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 55-D3
  • Subdivision Tract Number: 5948
  • Parcel: 591-22-070
  • Lot: 25
  • Municipality: SAN JOSE
  • Latitude: 37.3843
  • Longitude: -121.857

    Address

  • Full Address: 1042 N Capitol Ave
  • Address - House Number: 1042
  • Street Direction: N
  • Address - Street Name: Capitol
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C010
  • 4-Digit Zip Code: 1302
  • Zip Code: 95133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,724
  • Tax Rate Code Area: 17-010

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,208,774
  • High Value: 1,458,521
  • Low Value: 959,027

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $912,000
  • First Open Lien Mortgage Lender: STANFORD FEDERAL CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 12, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $912,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,162,800
  • Assessed Land Value: $813,960
  • Assessed Improvements Value: $348,840

    Sales

  • Current Sale Contract Date: May 05, 2022
  • Current Sale Recording Date: May 12, 2022
  • Current Sale Transaction ID: 11887578197
  • Current Sale Price: $1,140,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25301333
  • Previous Sale Recording Date: Jan 29, 2003
  • Previous Sale Contract Date: Jan 24, 2003
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STANFORD FEDERAL CREDIT UNION
  • First Mortgage Transaction Date: May 12, 2022
  • First Mortgage Loan Amount: $912,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • Previous Mortgage Transaction Date: Jan 29, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $213,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Feb 01, 2033

About Alum Rock



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Frequently Asked Questions

What neighborhood is 1042 North Capitol Avenue located in?
The 1042 North Capitol Avenue is a located in the neighborhood of Summerdale in Alum Rock, San Jose.
What is the average sales price for listings in 1042 North Capitol Avenue?
The average sales price for units in 1042 North Capitol Avenue is $0 currently.

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