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1427 Mercer Avenue

1427 Mercer Avenue, San Jose, CA 95125
House in Willow Glen
Sold Nov 15, 2019
$1,530,000
$1,312,500 by Pnc Bank Na
Mortgage Due Sep 01, 2051
Sold Oct 31, 2018
$1,160,000
1427 Mercer Avenue 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 1939 and is 85 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 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, 1427 Mercer Avenue has 1,653 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 1,230 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 6,150 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 380 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a porch and a patio. 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 C by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. There is a single fireplace in the home. Perfect for those wintery 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, 1427 Mercer Avenue was last sold in Nov 14, 2019 for $1,530,000. According to our calculations, that's $1,326.97 per sqft. Prior to that sales transaction, the property was sold for $1,160,000 in Oct 30, 2018. Current property owners are expected to pay $20,141 in taxes per year. The property on 1427 Mercer Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,608,302. To break that down further, the land itself was valued at $1,313,973. While improvements to the property were assessed at a total of $294,329. 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. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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

Covered Parking
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 380
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,150
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,153
  • Gross Building Area: 1,153
  • Building Area: 1,653
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,653
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERRY GLEN HOME TR
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 80 CHERRY GLEN HOME TR BOOK 3 PAGE 26 PAGE 27 LOT 29

Ownership

  • Current Owner : QUEZADA ALDO HERNANDEZ
  • Current Owner 2: POHL LETICIA MENDOZA
  • Previous Owner : HAMILTON MACHAI
  • Previous Owner 2: HAMILTON KRIS
  • Owner Before Previous Owner: MASICARELLI LOUIS
  • Owner Before Previous Owner 2: THE LOUIS MASICARELLI TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 502301

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 66-F2
  • Subdivision Tract Number: 80
  • Parcel: 429-40-026
  • Lot: 29
  • Municipality: SAN JOSE
  • Latitude: 37.2962
  • Longitude: -121.906

    Address

  • Full Address: 1427 Mercer Ave
  • Address - House Number: 1427
  • Address - Street Name: Mercer
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C031
  • 4-Digit Zip Code: 4442
  • Zip Code: 95125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,141
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,926,598
  • High Value: 2,307,033
  • Low Value: 1,546,163

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,562,500
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,312,500
  • 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: Sep 01, 2051
  • Second Open Lien Mortgage Lender: COASTAL COMMUNITY BANK
  • Second Open Lien Mortgage Recording Date: Apr 19, 2022
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,608,302
  • Assessed Land Value: $1,313,973
  • Assessed Improvements Value: $294,329

    Sales

  • Current Sale Contract Date: Nov 14, 2019
  • Current Sale Recording Date: Nov 15, 2019
  • Current Sale Transaction ID: 11678456614
  • Current Sale Price: $1,530,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24332919
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Contract Date: Oct 30, 2018
  • Previous Sale Amount: $1,160,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Nov 15, 2019
  • First Mortgage Loan Amount: $1,224,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2049

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Willow Glen



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1514 Willowgate Dr. #1514 Willowgate Dr., San Jose, CA, 95118 Listing by Manager

Frequently Asked Questions

What neighborhood is 1427 Mercer Avenue located in?
The 1427 Mercer 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 1427 Mercer Avenue?
The average sales price for units in 1427 Mercer Avenue is $0 currently.

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