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1498 Cherry Garden Lane

1498 Cherry Garden Lane, San Jose, CA 95125
Sold Jun 08, 2020
$1,360,000
$768,000 by Bank Of America Na
Mortgage Due Jan 01, 2052
1498 Cherry Garden Lane in San Jose, CA was first built in 1962 and is 62 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. 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 are a total of 2 full bathrooms. There are 3 partial bathrooms. 1498 Cherry Garden Lane has 2,084 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 740 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 8,140 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a garage. The garage is 460 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 B. 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, 1498 Cherry Garden Lane was last sold in Jun 2, 2020 for $1,360,000. According to our calculations, that's $652.59 per sqft. Current property owners are expected to pay $17,842 in taxes per year. The property on 1498 Cherry Garden Lane was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,429,599. To break that down further, the land itself was valued at $1,156,295. While improvements to the property were assessed at a total of $273,304. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1962
  • Effective Year Built: 1962
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • 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: 460
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,140
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 740
  • Total Building Area: 2,084
  • Gross Building Area: 2,084
  • Building Area: 2,084
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,084
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERRY GARDENS
  • Land Acres: 0.187
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3080 CHERRY GARDENS BOOK 141 PAGE 8 PAGE 9 LOT 40

Ownership

  • Current Owner : REN GONGHAI
  • Current Owner 2: WANG LING
  • Previous Owner : BARONE JEFFREY P
  • Previous Owner 2: BARONE JORGE MICHELLE

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 503001

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 67-A4
  • Subdivision Tract Number: 3080
  • Parcel: 439-40-179
  • Lot: 40
  • Municipality: SAN JOSE
  • Latitude: 37.28
  • Longitude: -121.896

    Address

  • Full Address: 1498 Cherry Garden Ln
  • Address - House Number: 1498
  • Address - Street Name: Cherry Garden
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: San Jose
  • Carrier Code: C014
  • 4-Digit Zip Code: 4843
  • Zip Code: 95125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $17,842
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,023,547
  • High Value: 2,420,929
  • Low Value: 1,626,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $768,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Dec 17, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $768,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,429,599
  • Assessed Land Value: $1,156,295
  • Assessed Improvements Value: $273,304

    Sales

  • Current Sale Contract Date: Jun 02, 2020
  • Current Sale Recording Date: Jun 08, 2020
  • Current Sale Transaction ID: 11764860756
  • Current Sale Price: $1,360,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24498889

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK NA
  • First Mortgage Transaction Date: Jun 08, 2020
  • First Mortgage Loan Amount: $786,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

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Frequently Asked Questions

What neighborhood is 1498 Cherry Garden Lane located in?
The 1498 Cherry Garden Lane is a house located in the neighborhood of Willow Glen South-Lincoln Glen in Willow Glen, San Jose.
What is the average sales price for listings in 1498 Cherry Garden Lane?
The average sales price for units in 1498 Cherry Garden Lane is $0 currently.

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