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1224 Madrona Avenue

1224 Madrona Avenue, San Jose, CA 95125
House in Willow Glen
Sold Apr 02, 2021
$1,800,000
$1,440,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2051
Sold Nov 04, 2020
$3,105,000
$776,200 by Lendinghome Funding Corp
Mortgage
1224 Madrona Avenue in San Jose, CA was first built in 1951 and is 73 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 7 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1224 Madrona Avenue has 1,522 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 800 ft and the linear feet between the front and back of the lot is 930. In total, the area measurement of the land is 7,440 square feet.

Learn more about the property and building on this page. There is a porch and a screened patio. For those who need parking, there is a garage. The garage is 400 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 wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. As for heating, the home is utilizing a heating system. 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. 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, 1224 Madrona Avenue was last sold in Mar 31, 2021 for $1,800,000. According to our calculations, that's $1,182.65 per sqft. Prior to that sales transaction, the property was sold for $3,105,000 in Oct 29, 2020. Current property owners are expected to pay $22,908 in taxes per year. The property on 1224 Madrona Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,640,000. To break that down further, the land itself was valued at $1,184,400. While improvements to the property were assessed at a total of $455,600. 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. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,440
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,522
  • Gross Building Area: 1,522
  • Building Area: 1,522
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,522
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: HERMOSA HEIGHTS
  • Land Acres: 0.171
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 797 HERMOSA HEIGHTS BOOK 31 PAGE 4 PAGE 5 LOT 81

Ownership

  • Current Owner : AGARWAL PALLAVI
  • Current Owner 2: KUMAR AKASH
  • Previous Owner : YIS FIRST SEED LLC
  • Owner Before Previous Owner: SCHWARTZ CAROLYN
  • Owner Before Previous Owner 2: ROBERT KELTY LIVING TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 502500

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 67-A2
  • Subdivision Tract Number: 797
  • Parcel: 439-06-026
  • Lot: 81
  • Municipality: SAN JOSE
  • Latitude: 37.2898
  • Longitude: -121.892

    Address

  • Full Address: 1224 Madrona Ave
  • Address - House Number: 1224
  • Address - Street Name: Madrona
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C039
  • 4-Digit Zip Code: 3547
  • Zip Code: 95125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,908
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,812,044
  • High Value: 2,167,891
  • Low Value: 1,456,196

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,440,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,640,000
  • Assessed Land Value: $1,184,400
  • Assessed Improvements Value: $455,600

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 31, 2021
  • Current Sale Recording Date: Apr 02, 2021
  • Current Sale Transaction ID: 11828910178
  • Current Sale Price: $1,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24903970
  • Previous Sale Recording Date: Nov 04, 2020
  • Previous Sale Contract Date: Oct 29, 2020
  • Previous Sale Amount: $3,105,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Apr 02, 2021
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Nov 04, 2020
  • Previous Mortgage Loan Amount: $776,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Willow Glen



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Nearby Rentals

Unit for rent at

$3,450 /mo

  • 2 Beds
  • 1 Bath
  • 1,140 ft²
Listing by Manager
Unit for rent at

$3,695 /mo

  • 2 Beds
  • 1.5 Baths
  • 1,065 ft²
Listing by Manager
Unit for rent at

$3,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
Listing by Manager
Unit for rent at

$3,695 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,622 ft²
Listing by Manager
Unit for rent at

$3,495 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,628 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1224 Madrona Avenue located in?
The 1224 Madrona Avenue is a house located in the neighborhood of Willow Glen in Willow Glen, San Jose.
What is the average sales price for listings in 1224 Madrona Avenue?
The average sales price for units in 1224 Madrona Avenue is $1,590,000 , or $1,045/sqft. currently.

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