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1562 Wharton Road

1562 Wharton Road, San Jose, CA 95132
Property in Pinnacle
Sold Sep 30, 1999
$490,000
$336,000 by General Mortgage Capital Corp
Mortgage Due Mar 01, 2051
Sold Jul 11, 1997
$355,000
$283,850 by Brooksamerica Mtg
Mortgage Due Aug 01, 2027
Local assessors in San Jose, CA have categorized 1562 Wharton Road as a residential type of property. The home was built in 1997 and is 27 years old. The property's lot size has been calculated to be 4,791 square feet. 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 10 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 3 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 1562 Wharton Road has a total of 2,121 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 460 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 good. 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 - B. The home's a heating system is the primary heating source. 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, 1562 Wharton Road sold most recently in Sep 27, 1999 for a total of $490,000. If you work out the math, that's approximately a cost of $231.02 per sqft. Before that, the property was also sold for $355,000 in Jun 12, 1997. 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 $11,208 in taxes each year. 1562 Wharton Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $723,854. If we break it down further, the land itself was valued at $289,538. Improvements to the property, however, were assessed at a total of $434,316. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1997
  • Effective Year Built: 1997
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 460
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,791
  • Total Building Area: 2,121
  • Gross Building Area: 1,093
  • Building Area: 2,121
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,121
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 8886
  • Land Acres: 0.11
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 8886 BOOK 682 PAGE 35 PAGE 39 LOT 84

Ownership

  • Current Owner : ZHAO LEO L
  • Current Owner 2: YANG HONG
  • Previous Owner : STEVEN NG
  • Owner Before Previous Owner: GREYSTONE HOMES INC
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Berryessa Union Elementary School District
  • Census Tract: 504314

Zoning

  • Zoning: A-PD

Geography

  • Subdivision Tract Number: 8886
  • Parcel: 587-08-117
  • Lot: 84
  • Municipality: SAN JOSE
  • Latitude: 37.4081
  • Longitude: -121.849

    Address

  • Full Address: 1562 Wharton Rd
  • Address - House Number: 1562
  • Address - Street Name: Wharton
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: San Jose
  • Carrier Code: C002
  • 4-Digit Zip Code: 2075
  • Zip Code: 95132

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,208
  • Tax Rate Code Area: 17-010

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,702,663
  • High Value: 2,037,031
  • Low Value: 1,368,296

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $336,000
  • First Open Lien Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Feb 18, 2021
  • First Open Lien Mortgage Loan Amount: $336,000
  • 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: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $723,854
  • Assessed Land Value: $289,538
  • Assessed Improvements Value: $434,316

    Sales

  • Current Sale Contract Date: Sep 27, 1999
  • Current Sale Recording Date: Sep 30, 1999
  • Current Sale Transaction ID: 1048374338
  • Current Sale Price: $490,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15004161
  • Previous Sale Recording Date: Jul 11, 1997
  • Previous Sale Contract Date: Jun 12, 1997
  • Previous Sale Amount: $355,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: MELLON MTG COMPANY
  • First Mortgage Transaction Date: Sep 30, 1999
  • First Mortgage Loan Amount: $392,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Oct 01, 2029
  • Second Mortgage Loan Amount: $49,000

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: BROOKSAMERICA MTG
  • Previous Mortgage Transaction Date: Jul 11, 1997
  • Previous Mortgage Loan Amount: $283,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2027

About Berryessa



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Frequently Asked Questions

What neighborhood is 1562 Wharton Road located in?
The 1562 Wharton Road is a located in the neighborhood of Pinnacle in Berryessa, San Jose.
What is the average sales price for listings in 1562 Wharton Road?
The average sales price for units in 1562 Wharton Road is $0 currently.

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