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1308 La Terrace Circle

1308 La Terrace Circle, San Jose, CA 95123
Property in Almaden Lake
Sold Nov 18, 2020
$618,000
$494,400 by Loandepot.com Llc
Mortgage Due Dec 01, 2050
Sold Feb 03, 2015
$455,000
$250,000 by Wells Fargo Bank Na
Mortgage Due Feb 01, 2045
Local assessors in San Jose, CA have categorized 1308 La Terrace Circle as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 1,003 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1308 La Terrace Circle has a total of 995 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a carport for those who need a place to park their vehicle. The garage on the property is 200 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a porch and a screened patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 1308 La Terrace Circle was last sold in Nov 11, 2020 for $618,000. According to our calculations, that's $621.11 per sqft. Prior to that sales transaction, the property was sold for $455,000 in Jan 29, 2015. Current property owners are expected to pay $7,911 in taxes per year. The property on 1308 La Terrace Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $642,966. To break that down further, the land itself was valued at $321,483. While improvements to the property were assessed at a total of $321,483. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • 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
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 200
  • Parking Space Count: 1
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,003
  • Total Building Area: 995
  • Gross Building Area: 995
  • Building Area: 995
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 995
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LAKEVIEW TERRACE CONDO
  • Land Acres: 0.023
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 7182 LAKEVIEW TERRACE CONDO BOOK 498 PAGE 3

Ownership

  • Current Owner : JACOB CYNTHIA
  • Previous Owner : SUH SONG MOON
  • Owner Before Previous Owner: PETROSIAN MATTHEW H
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 511911

Zoning

  • Zoning: R1B6

Geography

  • Assessors Map Reference: 72-C2
  • Subdivision Tract Number: 7182
  • Parcel: 694-41-074
  • Lot: 19
  • Municipality: SAN JOSE
  • Latitude: 37.2401
  • Longitude: -121.867

    Address

  • Full Address: 1308 La Terrace Cir
  • Address - House Number: 1308
  • Address - Street Name: La Terrace
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: San Jose
  • Carrier Code: C044
  • 4-Digit Zip Code: 5355
  • Zip Code: 95123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,911
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1912
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 815,906
  • High Value: 971,937
  • Low Value: 659,875

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $494,400
  • First Open Lien Mortgage Lender: LOANDEPOT.COM LLC
  • First Open Lien Mortgage Recording Date: Nov 18, 2020
  • First Open Lien Mortgage Loan Amount: $494,400
  • 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: Dec 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $642,966
  • Assessed Land Value: $321,483
  • Assessed Improvements Value: $321,483

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 11, 2020
  • Current Sale Recording Date: Nov 18, 2020
  • Current Sale Transaction ID: 11801818984
  • Current Sale Price: $618,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24709076
  • Previous Sale Recording Date: Feb 03, 2015
  • Previous Sale Contract Date: Jan 29, 2015
  • Previous Sale Amount: $455,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LOANDEPOT.COM LLC
  • First Mortgage Transaction Date: Nov 18, 2020
  • First Mortgage Loan Amount: $494,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Feb 03, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $250,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Feb 01, 2045

About Edenvale



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Unit for rent at 1045 Coleman Rd, San Jose, CA, 95123

$3,002 /mo

  • 1 Bed
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1045 Coleman Rd #5107, San Jose, CA, 95123 Listing by Almaden Lake Village

Frequently Asked Questions

What neighborhood is 1308 La Terrace Circle located in?
The 1308 La Terrace Circle is a located in the neighborhood of Almaden Lake in Edenvale, San Jose.
What is the average sales price for listings in 1308 La Terrace Circle?
The average sales price for units in 1308 La Terrace Circle is $0 currently.

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