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1581 Silver Ranch Lane

1581 Silver Ranch Lane, San Jose, CA 95138
Property in Silver Creek
Sold Sep 28, 2005
$1,254,000
$930,000 by Keypoint Cu
Mortgage Due Jan 01, 2051
Sold Aug 02, 2005
Transfer
$125,000,000 by Guaranty Bank
Mortgage
Local assessors in San Jose, CA have categorized 1581 Silver Ranch Lane as a residential type of property. The home was built in 2005 and is 19 years old. The property's lot size has been calculated to be 6,142 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 12 rooms in the home. Of these, 6 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 5 full bathrooms. There are also 5 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 1581 Silver Ranch Lane has a total of 3,748 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 462 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. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. The property was last sold in Aug 24, 2005 for $1,254,000. That's $334.58 per sqft. 1581 Silver Ranch Lane was last assessed in 2023. The total value of the property was assessed at $1,647,140. Specifically, the land the property is located on was valued at $722,429. While improvements on the property were assessed at a total of $924,711. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $22,477. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 6
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,142
  • Total Building Area: 3,748
  • Gross Building Area: 1,788
  • Building Area: 3,748
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,748
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9167 RANCH SILVER CRK-C2
  • Land Acres: 0.141
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 9167 LOT 7

Ownership

  • Current Owner : YOUNG CLAYTON K
  • Current Owner 2: LIN MICHELLE S
  • Previous Owner : WILLIAM LYON HOMES INC
  • Owner Before Previous Owner: HEARTHSTONE MULTI ASSET ENTITY A LP
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Evergreen Elementary School District
  • Census Tract: 503338

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 9167
  • Parcel: 679-42-007
  • Lot: 7
  • Municipality: SAN JOSE
  • Latitude: 37.2892
  • Longitude: -121.801

    Address

  • Full Address: 1581 Silver Ranch Ln
  • Address - House Number: 1581
  • Address - Street Name: Silver Ranch
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: San Jose
  • Carrier Code: R009
  • 4-Digit Zip Code: 2760
  • Zip Code: 95138

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,477
  • Tax Rate Code Area: 17-028

    Appraisal Valuation

  • Standard Deviation: 0.1967
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,779,399
  • High Value: 3,326,330
  • Low Value: 2,232,469

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $930,000
  • First Open Lien Mortgage Lender: KEYPOINT CU
  • First Open Lien Mortgage Recording Date: Dec 18, 2020
  • First Open Lien Mortgage Loan Amount: $930,000
  • 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: Jan 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,647,140
  • Assessed Land Value: $722,429
  • Assessed Improvements Value: $924,711

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 24, 2005
  • Current Sale Recording Date: Sep 28, 2005
  • Current Sale Transaction ID: 1083650630
  • Current Sale Price: $1,254,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 18598405
  • Previous Sale Recording Date: Aug 02, 2005
  • Previous Sale Contract Date: Jul 29, 2005
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: COUNTRYWIDE BANK NA
  • First Mortgage Transaction Date: Sep 28, 2005
  • First Mortgage Loan Amount: $953,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Oct 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GUARANTY BANK
  • Previous Mortgage Transaction Date: Aug 02, 2005
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $125,000,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Building or Construction Loan

About Evergreen



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 1581 Silver Ranch Lane located in?
The 1581 Silver Ranch Lane is a located in the neighborhood of Silver Creek in Evergreen, San Jose.
What is the average sales price for listings in 1581 Silver Ranch Lane?
The average sales price for units in 1581 Silver Ranch Lane is $0 currently.

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