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1540 Jacob Avenue

1540 Jacob Avenue, San Jose, CA 95118
Property in Valley View-Reed
Sold Jun 01, 2016
$175,000
$525,000 by Ethos Lending Llc
Mortgage Due Jun 01, 2046
Sold Nov 25, 2002
$571,500
$457,200 by World Svgs Bank Fsb
Mortgage Due Dec 15, 2032
Local assessors in San Jose, CA have categorized 1540 Jacob Avenue as a residential type of property. The home was built in 1963 and is 61 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 9 rooms in the home. Of these, 5 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1540 Jacob Avenue has a total of 1,910 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 garage for those who need a place to park their vehicle. The garage on the property is 440 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 porch and a patio 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 home's a heating system is the primary heating source. 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, 1540 Jacob Avenue was last sold in Apr 18, 2016 for $175,000. According to our calculations, that's $91.62 per sqft. Prior to that sales transaction, the property was sold for $571,500 in Oct 21, 2002. Current property owners are expected to pay $10,663 in taxes per year. The property on 1540 Jacob Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $795,563. To break that down further, the land itself was valued at $477,340. While improvements to the property were assessed at a total of $318,223. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1963
  • Effective Year Built: 1963
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • 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: Garage
  • Garage Square Area: 440
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,910
  • Gross Building Area: 1,075
  • Building Area: 1,910
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,910
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ROSS PARK HOMES
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3089 ROSS PARK HOMES BOOK 148 PAGE 51 LOT 201

Ownership

  • Current Owner : VILLA MARIA GUADALUPE DIAZ
  • Current Owner 2: RIVERA JOSE MANUEL DIAZ
  • Previous Owner : VILLA MARIA GUADALUPE DIAZ
  • Previous Owner 2: RIVERA JOSE MANUEL DIAZ
  • Owner Before Previous Owner: HEGGEM KENNETH
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: R1B6

Geography

  • Assessors Map Reference: 67-A5
  • Subdivision Tract Number: 3089
  • Parcel: 451-26-090
  • Lot: 201
  • Municipality: SAN JOSE
  • Latitude: 37.264
  • Longitude: -121.896

    Address

  • Full Address: 1540 Jacob Ave
  • Address - House Number: 1540
  • Address - Street Name: Jacob
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C027
  • 4-Digit Zip Code: 1631
  • Zip Code: 95118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,663
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,740,805
  • High Value: 2,078,841
  • Low Value: 1,402,769

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: ETHOS LENDING LLC
  • First Open Lien Mortgage Recording Date: Jun 01, 2016
  • First Open Lien Mortgage Loan Amount: $525,000
  • 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: Jun 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $795,563
  • Assessed Land Value: $477,340
  • Assessed Improvements Value: $318,223

    Sales

  • Current Sale Contract Date: Apr 18, 2016
  • Current Sale Recording Date: Jun 01, 2016
  • Current Sale Transaction ID: 1558367054
  • Current Sale Price: $175,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 23321107
  • Previous Sale Recording Date: Nov 25, 2002
  • Previous Sale Contract Date: Oct 21, 2002
  • Previous Sale Amount: $571,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ETHOS LENDING LLC
  • First Mortgage Transaction Date: Jun 01, 2016
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: WORLD SVGS BANK FSB
  • Previous Mortgage Transaction Date: Nov 25, 2002
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $457,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Stand Alone First
  • Previous Mortgage Loan Due Date: Dec 15, 2032

About Cambrian



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

Frequently Asked Questions

What neighborhood is 1540 Jacob Avenue located in?
The 1540 Jacob Avenue is a located in the neighborhood of Valley View-Reed in Cambrian, San Jose.
What is the average sales price for listings in 1540 Jacob Avenue?
The average sales price for units in 1540 Jacob Avenue is $0 currently.

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