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1400 Searcy Drive

1400 Searcy Drive, San Jose, CA 95118
Sold Mar 04, 2022
$1,550,000
$1,085,000 by Fremont Bank
Mortgage Due Mar 01, 2052
Sold Jul 24, 2018
$1,140,000
$845,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2048
1400 Searcy Drive in San Jose, CA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 1400 Searcy Drive has 1,180 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 1,010. In total, the area measurement of the land is 6,060 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 470 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1400 Searcy Drive sold most recently in Feb 22, 2022 for a total of $1,550,000. If you work out the math, that's approximately a cost of $1,313.56 per sqft. Before that, the property was also sold for $1,140,000 in Jul 9, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $16,135 in taxes each year. 1400 Searcy Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,581,000. If we break it down further, the land itself was valued at $1,343,850. Improvements to the property, however, were assessed at a total of $237,150. The property's total assessed value has been marked as more than the total market value 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 6
  • 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: 470
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,060
  • Lot Size Depth Feet: 1,010
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,180
  • Gross Building Area: 1,180
  • Building Area: 1,180
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,180
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BRANHAM VILLAGE
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3045 BRANHAM VILLAGE BOOK 139 PAGE 30 PAGE 31 LOT 50

Ownership

  • Current Owner : WANG CHONG
  • Current Owner 2: ZENG ZHEN
  • Previous Owner : CHUNG
  • Previous Owner 2: NAYEON
  • Owner Before Previous Owner: KIM VICTORIA E
  • Owner Before Previous Owner 2: BUNAC II THEODORE RUBEN
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 503003

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 67-A6
  • Subdivision Tract Number: 3045
  • Parcel: 451-34-042
  • Lot: 50
  • Municipality: SAN JOSE
  • Latitude: 37.2613
  • Longitude: -121.888

    Address

  • Full Address: 1400 Searcy Dr
  • Address - House Number: 1400
  • Address - Street Name: Searcy
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C033
  • 4-Digit Zip Code: 1955
  • Zip Code: 95118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,135
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.2016
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,494,335
  • High Value: 1,795,675
  • Low Value: 1,192,994

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,085,000
  • First Open Lien Mortgage Lender: FREMONT BANK
  • First Open Lien Mortgage Recording Date: Mar 04, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,085,000
  • 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, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,581,000
  • Assessed Land Value: $1,343,850
  • Assessed Improvements Value: $237,150

    Sales

  • Current Sale Contract Date: Feb 22, 2022
  • Current Sale Recording Date: Mar 04, 2022
  • Current Sale Transaction ID: 11880464043
  • Current Sale Price: $1,550,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25252774
  • Previous Sale Recording Date: Jul 24, 2018
  • Previous Sale Contract Date: Jul 09, 2018
  • Previous Sale Amount: $1,140,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT BANK
  • First Mortgage Transaction Date: Mar 04, 2022
  • First Mortgage Loan Amount: $1,085,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Mar 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Jul 24, 2018
  • Previous Mortgage Loan Amount: $845,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2048

About Cambrian



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,650 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 1400 Searcy Drive located in?
The 1400 Searcy Drive is a house located in the neighborhood of Branham-Jarvis in Cambrian, San Jose.
What is the average sales price for listings in 1400 Searcy Drive?
The average sales price for units in 1400 Searcy Drive is $0 currently.

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