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1529 Jacob Avenue

1529 Jacob Avenue, San Jose, CA 95118
Sold Mar 26, 2024
$1,625,000
$1,137,500 by Citibank, Na
Mortgage Due Apr 01, 2054
Sold Apr 04, 2022
$1,650,000
$1,483,350 by Golden 1 Credit Union
Mortgage Due May 01, 2052
Local assessors in San Jose, CA have categorized 1529 Jacob Avenue as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 6,000 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 5 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. 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 1529 Jacob Avenue has a total of 1,187 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. The garage on the property is 478 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. 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 building has a roof that is made of wood shake/ shingles. Lots of stucco were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1529 Jacob Avenue was last sold in Mar 20, 2024 for $1,625,000. According to our calculations, that's $1,369.00 per sqft. Prior to that sales transaction, the property was sold for $1,650,000 in Mar 29, 2022. Current property owners are expected to pay $14,369 in taxes per year. The property on 1529 Jacob Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,683,000. To break that down further, the land itself was valued at $1,430,550. While improvements to the property were assessed at a total of $252,450. 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. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI 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

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 478
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,187
  • Gross Building Area: 1,090
  • Building Area: 1,187
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,187
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 1904
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1904 BOOK 84 PAGE 55 LOT 102

Ownership

  • Current Owner : SOBTI ANUJ
  • Current Owner 2: SINGH VISHAKHA
  • Previous Owner : PATEL PARSHAD
  • Previous Owner 2: KASHYAP KHUSHBOO
  • Owner Before Previous Owner: RAMIREZ-SMITH FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 502907

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 67-A5
  • Subdivision Tract Number: 1904
  • Parcel: 447-23-123
  • Lot: 102
  • Municipality: SAN JOSE
  • Latitude: 37.2648
  • Longitude: -121.895

    Address

  • Full Address: 1529 Jacob Ave
  • Address - House Number: 1529
  • Address - Street Name: Jacob
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C027
  • 4-Digit Zip Code: 1628
  • Zip Code: 95118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,369
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.0776
  • Valuation Date: Mar 27, 2024
  • Confidence Score: 94
  • Final Value: 1,613,618
  • High Value: 1,738,975
  • Low Value: 1,488,261

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,137,500
  • First Open Lien Mortgage Lender: CITIBANK, NA
  • First Open Lien Mortgage Recording Date: Mar 26, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,137,500
  • 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: Apr 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,683,000
  • Assessed Land Value: $1,430,550
  • Assessed Improvements Value: $252,450

    Sales

  • Current Sale Contract Date: Mar 20, 2024
  • Current Sale Recording Date: Mar 26, 2024
  • Current Sale Transaction ID: 11923201562
  • Current Sale Price: $1,625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25614673
  • Previous Sale Recording Date: Apr 04, 2022
  • Previous Sale Contract Date: Mar 29, 2022
  • Previous Sale Amount: $1,650,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CITIBANK, NA
  • First Mortgage Transaction Date: Mar 26, 2024
  • First Mortgage Loan Amount: $1,137,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2054

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GOLDEN 1 CREDIT UNION
  • Previous Mortgage Transaction Date: Apr 04, 2022
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $1,483,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2052

About Cambrian



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Nearby Rentals

Unit for rent at

$3,795 /mo

  • 3 Beds
  • 2 Baths
  • 1,426 ft²
Listing by Manager
Unit for rent at

$3,650 /mo

  • 2 Beds
  • 2 Baths
  • 1,400 ft²
Listing by Manager
Unit for rent at

$3,695 /mo

  • 3 Beds
  • 2.5 Baths
  • 1,622 ft²
Listing by Manager

Frequently Asked Questions

What neighborhood is 1529 Jacob Avenue located in?
The 1529 Jacob Avenue is a house located in the neighborhood of Valley View-Reed in Cambrian, San Jose.
What is the average sales price for listings in 1529 Jacob Avenue?
The average sales price for units in 1529 Jacob Avenue is $0 currently.

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