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1554 Tolbert Drive

1554 Tolbert Drive, San Jose, CA 95122
Sold Sep 27, 2019
$747,000
$697,200 by Planet Home Lending Llc
Mortgage Due May 01, 2051
Sold Apr 05, 2002
$330,000
$247,500 by Capitol Commerce Mtg Co
Mortgage Due Apr 01, 2032
1554 Tolbert Drive has been categorized by the local assessors in San Jose, CA as a residential type of property. The building on the property was first built in 1978 and is 46 years old. The home has a total of 5 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1554 Tolbert Drive has 1,075 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 930 ft and across the front of the lot is 650 ft. The area measurement of the land has been determined as 6,045 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 452 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of block. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 1554 Tolbert Drive sold most recently in Sep 19, 2019 for a total of $747,000. If you work out the math, that's approximately a cost of $694.88 per sqft. Before that, the property was also sold for $330,000 in Mar 27, 2002. 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 $12,213 in taxes each year. 1554 Tolbert Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $784,964. If we break it down further, the land itself was valued at $510,135. Improvements to the property, however, were assessed at a total of $274,829. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.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.

Building Features

Parking

Attached Garage
On-Street Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1978
  • Effective Year Built: 1978
  • 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
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 452
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,045
  • Lot Size Depth Feet: 930
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,075
  • Gross Building Area: 833
  • Building Area: 1,075
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,075
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 6004
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6004 BOOK 397 PAGE 37 PAGE 38 LOT 53

Ownership

  • Current Owner : TAPIA LUIS R DIAZ
  • Current Owner 2: ZEPEDA LINDA DIANA
  • Previous Owner : ALCARAZ OMAR
  • Previous Owner 2: ALCARAZ LISA M
  • Owner Before Previous Owner: PELLIZZER MATTHEW T
  • Owner Before Previous Owner 2: PELLIZZER LYNELLE T

Neighborhood

  • School District Name: Evergreen Elementary School District
  • Census Tract: 503402

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 62-F4
  • Subdivision Tract Number: 6004
  • Parcel: 491-34-053
  • Lot: 53
  • Municipality: SAN JOSE
  • Latitude: 37.3212
  • Longitude: -121.832

    Address

  • Full Address: 1554 Tolbert Dr
  • Address - House Number: 1554
  • Address - Street Name: Tolbert
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C010
  • 4-Digit Zip Code: 2455
  • Zip Code: 95122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,213
  • Tax Rate Code Area: 17-170

    Appraisal Valuation

  • Standard Deviation: 0.2087
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,065,938
  • High Value: 1,288,409
  • Low Value: 843,467

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $697,200
  • First Open Lien Mortgage Lender: PLANET HOME LENDING LLC
  • First Open Lien Mortgage Recording Date: May 24, 2021
  • First Open Lien Mortgage Loan Amount: $697,200
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $784,964
  • Assessed Land Value: $510,135
  • Assessed Improvements Value: $274,829

    Sales

  • Current Sale Contract Date: Sep 19, 2019
  • Current Sale Recording Date: Sep 27, 2019
  • Current Sale Transaction ID: 11657067997
  • Current Sale Price: $747,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24292356
  • Previous Sale Recording Date: Apr 05, 2002
  • Previous Sale Contract Date: Mar 27, 2002
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: CAPITOL COMMERCE MTG CO
  • Previous Mortgage Transaction Date: Apr 05, 2002
  • Previous Mortgage Loan Amount: $247,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2032

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Frequently Asked Questions

What neighborhood is 1554 Tolbert Drive located in?
The 1554 Tolbert Drive is a house located in the neighborhood of Lanai-Cunningham in Alum Rock, San Jose.
What is the average sales price for listings in 1554 Tolbert Drive?
The average sales price for units in 1554 Tolbert Drive is $0 currently.

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