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1561 Ilikai Avenue

1561 Ilikai Avenue, San Jose, CA 95118
Property in Branham-Jarvis
Sold Oct 07, 2021
$2,150,000
$1,720,000 by Googain Inc
Mortgage Due Nov 01, 2051
Sold Apr 05, 2021
$1,355,000
$1,350,000 by Anchor Loans Inc
Mortgage
1561 Ilikai Avenue 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 1975 and is 49 years old. The home has a total of 8 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 1561 Ilikai Avenue has 2,154 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 990 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 6,039 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

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 437 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 screened 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 B by the local assessor. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 1561 Ilikai Avenue was last sold in Sep 29, 2021 for $2,150,000. According to our calculations, that's $998.14 per sqft. Prior to that sales transaction, the property was sold for $1,355,000 in Mar 18, 2021. Current property owners are expected to pay $28,525 in taxes per year. The property on 1561 Ilikai Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,193,000. To break that down further, the land itself was valued at $1,820,700. While improvements to the property were assessed at a total of $372,300. 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 you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1975
  • Effective Year Built: 1975
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 437
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,039
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 610
  • Total Building Area: 2,154
  • Gross Building Area: 1,614
  • Building Area: 2,154
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,154
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SCOTTSDALE 02
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 5335 SCOTTSDALE II BOOK 337 PAGE 40 PAGE 41 LOT 230

Ownership

  • Current Owner : CHANG STEVEN HSIANG MING
  • Current Owner 2: WONG WAN SI
  • Previous Owner : BAY AREA EXECUTIVE RE & DEV GROUP INC
  • Owner Before Previous Owner: MORTON ANGELA
  • Owner Before Previous Owner 2: LYNN JOHNSON 2020 FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union Elementary School District
  • Census Tract: 502907

Zoning

  • Zoning: R1-8P

Geography

  • Assessors Map Reference: 67-A6
  • Subdivision Tract Number: 5335
  • Parcel: 451-45-070
  • Lot: 230
  • Municipality: SAN JOSE
  • Latitude: 37.2583
  • Longitude: -121.899

    Address

  • Full Address: 1561 Ilikai Ave
  • Address - House Number: 1561
  • Address - Street Name: Ilikai
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C019
  • 4-Digit Zip Code: 1943
  • Zip Code: 95118

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,525
  • Tax Rate Code Area: 17-076

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,947,578
  • High Value: 2,330,042
  • Low Value: 1,565,115

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,720,000
  • First Open Lien Mortgage Lender: GOOGAIN INC
  • First Open Lien Mortgage Recording Date: Oct 07, 2021
  • First Open Lien Mortgage Loan Amount: $1,720,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,193,000
  • Assessed Land Value: $1,820,700
  • Assessed Improvements Value: $372,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Sep 29, 2021
  • Current Sale Recording Date: Oct 07, 2021
  • Current Sale Transaction ID: 11858961093
  • Current Sale Price: $2,150,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25125461
  • Previous Sale Recording Date: Apr 05, 2021
  • Previous Sale Contract Date: Mar 18, 2021
  • Previous Sale Amount: $1,355,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOOGAIN INC
  • First Mortgage Transaction Date: Oct 07, 2021
  • First Mortgage Loan Amount: $1,720,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ANCHOR LOANS INC
  • Previous Mortgage Transaction Date: Apr 05, 2021
  • Previous Mortgage Loan Amount: $1,350,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Cambrian



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Frequently Asked Questions

What neighborhood is 1561 Ilikai Avenue located in?
The 1561 Ilikai Avenue is a located in the neighborhood of Branham-Jarvis in Cambrian, San Jose.
What is the average sales price for listings in 1561 Ilikai Avenue?
The average sales price for units in 1561 Ilikai Avenue is $0 currently.

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