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15 Monte Verano Court

15 Monte Verano Court, San Jose, CA 95116
Property in Alexander
Sold Jul 08, 2015
$270,000
$190,000 by Reali Loans Inc
Mortgage Due Feb 01, 2037
Sold Nov 17, 2005
$253,000
$167,900 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2035
Local assessors in San Jose, CA have categorized 15 Monte Verano Court as a residential type of property. The home was built in 1988 and is 36 years old. The property's lot size has been calculated to be 1,810 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Spanish style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. 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 15 Monte Verano Court has a total of 597 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 121 sqft. 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. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. 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. The home's a heating system is the primary heating source. 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, 15 Monte Verano Court sold most recently in Jun 30, 2015 for a total of $270,000. If you work out the math, that's approximately a cost of $452.26 per sqft. Before that, the property was also sold for $253,000 in Nov 4, 2005. 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 $5,939 in taxes each year. 15 Monte Verano Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $365,000. If we break it down further, the land itself was valued at $182,500. Improvements to the property, however, were assessed at a total of $182,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1988
  • Effective Year Built: 1988
  • Building Count: 1
  • Total Rooms: 3
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Carport
  • Garage Square Area: 121
  • Parking Space Count: 0
  • Patio Type: Patio - screened
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 1,810
  • Total Building Area: 597
  • Gross Building Area: 597
  • Building Area: 597
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 597
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT #7950
  • Land Acres: 0.042
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 7950

Ownership

  • Current Owner : LIANG JUSTIN NG
  • Previous Owner : GUTIERREZ STEFANIE
  • Owner Before Previous Owner: MONTE VERANO INC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alum Rock Union Elementary School District
  • Census Tract: 503713

Zoning

  • Zoning: R4

Geography

  • Subdivision Tract Number: 7950
  • Parcel: 484-58-006
  • Municipality: SAN JOSE
  • Latitude: 37.3607
  • Longitude: -121.84

    Address

  • Full Address: 15 Monte Verano Ct
  • Address - House Number: 15
  • Address - Street Name: Monte Verano
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: San Jose
  • Carrier Code: C015
  • 4-Digit Zip Code: 2644
  • Zip Code: 95116

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,939
  • Tax Rate Code Area: 17-007

    Appraisal Valuation

  • Standard Deviation: 0.2127
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 513,526
  • High Value: 622,778
  • Low Value: 404,274

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $190,000
  • First Open Lien Mortgage Lender: REALI LOANS INC
  • First Open Lien Mortgage Recording Date: Jan 20, 2022
  • First Open Lien Mortgage Loan Amount: $190,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $365,000
  • Assessed Land Value: $182,500
  • Assessed Improvements Value: $182,500

    Sales

  • Current Sale Contract Date: Jun 30, 2015
  • Current Sale Recording Date: Jul 08, 2015
  • Current Sale Transaction ID: 1210914454
  • Current Sale Price: $270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23009988
  • Previous Sale Recording Date: Nov 17, 2005
  • Previous Sale Contract Date: Nov 04, 2005
  • Previous Sale Amount: $253,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: STAR ONE CREDIT UNION
  • First Mortgage Transaction Date: Jul 08, 2015
  • First Mortgage Loan Amount: $216,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Aug 01, 2045

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 17, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $167,900
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Dec 01, 2035

About Alum Rock



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Frequently Asked Questions

What neighborhood is 15 Monte Verano Court located in?
The 15 Monte Verano Court is a located in the neighborhood of Alexander in Alum Rock, San Jose.
What is the average sales price for listings in 15 Monte Verano Court?
The average sales price for units in 15 Monte Verano Court is $0 currently.

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