Check Availability

1060 Wallace Drive

1060 Wallace Drive, San Jose, CA 95120
1060 Wallace Drive in San Jose, CA was first built in 1962 and is 64 years old. This has been categorized as a property type. There are a total of 100 floors. There are a total of 6 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1060 Wallace Drive has 1,350 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 6,000 square feet.

Learn more about the property and building on this page. There is a and a . For those who love swimming as a form of exercise, you'll be excited to find out that there is a on the property. The roof of the home is made of . Water for the property is sourced from system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a . The garage is 440 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with control joints. The quality of the control joints have been graded by the local assessor with a letter grade of . The condition of the building has been evaluated as . The exterior walls of the home are made of . As for heating, the home is utilizing and being fueled with . There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. The property was last sold in Dec 30, 2021 for $1,550,000. That's $1,148.15 per sqft. Prior to that sales transaction, the property was also sold in Jun 29, 2016 for $854,000. 1060 Wallace Drive was last assessed in 2023. The total value of the property was assessed at $1,320,000. Specifically, the land the property is located on was valued at $1,056,000. While improvements on the property were assessed at a total of $264,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $1,237,480. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

Building Features

Parking

Attached Garage

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By
20160319
03/19/2016
3 Bed
2 Bath
1350 ft²
$900,000
bedrooms
3 Bed
bathrooms
2 Bath
square feet
1350 ft²
$854,000 -5.11%
07/22/2016
Richard Tygerson
Richard Tygerson, Broker


Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 17
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: 14
  • Porch Type: 8
  • Pool Type: 8

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,350
  • Gross Building Area: 1,350
  • Building Area: 1,350
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 1,350
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 2994
  • Land Acres: 0000000138
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: TRACT 2994 BOOK 141 PAGE 23 LOT 44

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 511907

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 72-C4
  • Subdivision Tract Number: 2994
  • Parcel: 696-21-042
  • Lot: 44
  • Municipality: SAN JOSE
  • Latitude: 37.2267
  • Longitude: -121.865

    Address

  • Full Address: 1060 Wallace Dr
  • Address - House Number: 1060
  • Address - Street Name: Wallace
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C045
  • 4-Digit Zip Code: 1819
  • Zip Code: 95120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,237,480
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,600,211
  • High Value: 1,927,809
  • Low Value: 1,272,613

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,320,000
  • Assessed Land Value: $1,056,000
  • Assessed Improvements Value: $264,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 30, 2021
  • Current Sale Recording Date: Jan 04, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 25211303
  • Previous Sale Recording Date: Jul 22, 2016
  • Previous Sale Contract Date: Jun 29, 2016
  • Previous Sale Amount: $854,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

About Almaden



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 5322 Wong Drive, San Jose, CA, 95123

$2,623 /mo

  • 1 Bed
  • 1 Bath
  • 701 ft²
5322 Wong Drive #Emerald, San Jose, CA, 95123 Listing by Equity Residential
Unit for rent at 1358 Echo Valley Drive, SAN JOSE, CA, 95120

$6,500 /mo

  • 4 Beds
  • 2 Baths
  • 2,771 ft²
1358 Echo Valley Drive, SAN JOSE, CA, 95120 Listing by Peter Myers
Unit for rent at 5290 Southbridge Place, SAN JOSE, CA, 95118

$4,775 /mo

  • 3 Beds
  • 2 Baths
  • 1,428 ft²
5290 Southbridge Place, SAN JOSE, CA, 95118 Listing by Carl San Miguel

Frequently Asked Questions

What neighborhood is 1060 Wallace Drive located in?
The 1060 Wallace Drive is a house located in the neighborhood of Sunrise Almaden in Almaden, San Jose.
What is the average sales price for listings in 1060 Wallace Drive?
The average sales price for units in 1060 Wallace Drive is $900,000 , or $667/sqft. currently.