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1383 Rimrock Drive

1383 Rimrock Drive, San Jose, CA 95120
Sold May 16, 2023
$8,325,000
$1,000,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2053
Sold Jun 13, 1996
$622,500
$466,850 by First Mtg Corp
Mortgage Due Jul 01, 2026
1383 Rimrock Drive 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 1972 and is 52 years old. The home has a total of 9 rooms. 4 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, 1383 Rimrock Drive has 2,898 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 1,500 ft and across the front of the lot is 900 ft. The area measurement of the land has been determined as 12,500 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 garage for those who require parking. The garage measured 726 sqft. According to our sources, there are a total of 3 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. 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 B by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. The property was last sold in Apr 28, 2023 for $8,325,000. That's $2,872.67 per sqft. Prior to that sales transaction, the property was also sold in Jun 10, 1996 for $622,500. 1383 Rimrock Drive was last assessed in 2023. The total value of the property was assessed at $993,571. Specifically, the land the property is located on was valued at $463,055. While improvements on the property were assessed at a total of $530,516. 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 $12,776. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1972
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 726
  • Parking Space Count: 3
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 12,500
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 900
  • Total Building Area: 2,898
  • Gross Building Area: 2,898
  • Building Area: 2,898
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 2,898
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALMADEN VILLA
  • Land Acres: 0.287
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 4474 ALMADEN VILLA BOOK 238 PAGE 39 LOT 644

Ownership

  • Current Owner : MAJEED GHAZZALI
  • Current Owner 2: SATTAR NADIA
  • Previous Owner : BUSHUR FAMILY INTER VIVOS TRUST
  • Owner Before Previous Owner: GISKE THOMAS H
  • Owner Before Previous Owner 2: GISKE FLORENCE A
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 511910

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 75-C1
  • Subdivision Tract Number: 4474
  • Parcel: 581-30-017
  • Lot: 644
  • Municipality: SAN JOSE
  • Latitude: 37.207
  • Longitude: -121.869

    Address

  • Full Address: 1383 Rimrock Dr
  • Address - House Number: 1383
  • Address - Street Name: Rimrock
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C003
  • 4-Digit Zip Code: 5608
  • Zip Code: 95120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,776
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1681
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 78
  • Final Value: 3,304,013
  • High Value: 3,859,449
  • Low Value: 2,748,578

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,000,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 16, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,000,000
  • 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, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $993,571
  • Assessed Land Value: $463,055
  • Assessed Improvements Value: $530,516

    Sales

  • Current Sale Contract Date: Apr 28, 2023
  • Current Sale Recording Date: May 16, 2023
  • Current Sale Transaction ID: 11906473334
  • Current Sale Price: $8,325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25475420
  • Previous Sale Recording Date: Jun 13, 1996
  • Previous Sale Contract Date: Jun 10, 1996
  • Previous Sale Amount: $622,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 16, 2023
  • First Mortgage Loan Amount: $1,000,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: FIRST MTG CORP
  • Previous Mortgage Transaction Date: Jun 13, 1996
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $466,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jul 01, 2026

About Almaden



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Frequently Asked Questions

What neighborhood is 1383 Rimrock Drive located in?
The 1383 Rimrock Drive is a located in the neighborhood of Almaden Country Club in Almaden, San Jose.
What is the average sales price for listings in 1383 Rimrock Drive?
The average sales price for units in 1383 Rimrock Drive is $0 currently.

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