See Home Value
$4,960,736*
House - Off Market

1516 Newport AVE

SAN JOSE, CA 95125
bedrooms
4 Beds
bathrooms
3.5 Baths, 1 Half Bath
square feet
4970 Sqft
$4,590,000 - $5,610,000
Reference Base Price*
-2.73%
Since Jun 1, 2023
CA-San Francisco
Primary Model
Sold Jun 16, 2023
$4,800,000
$2,880,000 by Bank Of America, N.a.
Mortgage Due Jul 01, 2053

About This Property

The "George A. Fleming House" Landmark property (San Jose City Landmark 222) was built by George Fleming (Inventor, Businessman, Orchardist & Fruit Processor) & designed by architect George Page.With Landmark designation, the estate qualifieds for a Mills Act program providing a reduction in property taxes in exchange for continued preservation of the property. (Buyer to apply) The estimated size of the home is 4,970 SF including a 600 SF finished attic-third floor. There is a 550 SF(approx.) guest cottage/pool house at the back of the parcel & a generous 20' X 49' pool, as well as, a large garage/workshop or barn. Numerous fruit trees & garden areas will delight the city farmer. Home upgrades include a foundation retrofit, newer kitchen, central heat & A/C. Four wood-burning fireplaces & four balconies are located on the 2nd floor. There is a huge, wrap around front porch, perfect for snoozing.These parcels rarely come on the market.This is your opportunity to own a piece of history.

The manager has listed the unit size as 4970 square feet.
Unit Size
4,970Ft²
Days on Market
-
Land Size
1.20 acres
Price per sqft
$1,026
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1900

Price History

Date / Event Date Event Price
Jun 16, 2023 Sold to Tim Zaman $4,800,000
Sold to Tim Zaman
May 3, 2023 No longer available -
No longer available
Mar 7, 2023 Listed $5,100,000
Listed
Jul 19, 2022 No longer available -
No longer available
Jun 16, 2022 Price Decreased $5,300,000
↓ $500K (8.6%)
Price Decreased
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1900
  • Effective Year Built: 1900
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 1
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: None
  • Parking Space Count: 0
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 46,609
  • Total Building Area: 2,984
  • Gross Building Area: 1,574
  • Building Area: 2,984
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 2,984
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NARVAEZ RHO
  • Land Acres: 1.07
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : ZAMAN TIM
  • Previous Owner : LARRY ALAN BLITZ
  • Previous Owner 2: LARRY LORI ALICE
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 502400

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 66-F1
  • Parcel: 429-30-013
  • Lot: 8
  • Municipality: SAN JOSE
  • Latitude: 37.3
  • Longitude: -121.899

    Address

  • Full Address: 1516 Newport Ave
  • Address - House Number: 1516
  • Address - Street Name: Newport
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C044
  • 4-Digit Zip Code: 3331
  • Zip Code: 95125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,208
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.0776
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 94
  • Final Value: 5,243,968
  • High Value: 5,651,361
  • Low Value: 4,836,576

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,880,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA, N.A.
  • First Open Lien Mortgage Recording Date: Jun 16, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $2,880,000
  • 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: Jul 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $768,573
  • Assessed Land Value: $689,077
  • Assessed Improvements Value: $79,496

    Sales

  • Current Sale Contract Date: Jan 07, 2010
  • Current Sale Recording Date: Jun 16, 2023
  • Current Sale Transaction ID: 11908119352
  • Current Sale Price: $4,800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25489172

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA, N.A.
  • First Mortgage Transaction Date: Jun 16, 2023
  • First Mortgage Loan Amount: $2,880,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Willow Glen


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Nearby Rentals

Unit for rent at 1135 Vine St, SAN JOSE, CA, 95110

$4,500 /mo

  • 4 Beds
  • 2 Baths
  • 1,645 ft²
1135 Vine St, SAN JOSE, CA, 95110 Listing by Joyce Tran


Frequently Asked Questions

When was property at 1516 Newport Avenue built and last sold?
The property at 1516 Newport Avenue was built in 1900 and last sold on Jan 7, 2010 for $4,800,000.
How much is this home worth?
The estimated value of the home located at 1516 Newport Avenue is $5,140,865.
What are some comparable homes to 1516 Newport Avenue?
There are currently no comparable homes to 1516 Newport Avenue.

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