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1978 Margot Place

1978 Margot Place, San Jose, CA 95125
Property in Willow Glen
Sold Mar 13, 2023
$2,380,000
$1,904,000 by U.s. Bank National Association
Mortgage Due Apr 01, 2053
Sold Jul 14, 1998
$410,000
$368,950 by Americas Wholesale Lndr
Mortgage Due Aug 01, 2028
1978 Margot Place in San Jose, CA was first built in 1957 and is 67 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 1978 Margot Place has 1,874 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 700 ft and the linear feet between the front and back of the lot is 1,170. In total, the area measurement of the land is 8,190 square feet.

Learn more about the property and building on this page. There is a porch and a screened patio. For those who love swimming as a form of exercise, you'll be excited to find out that there is a both a pool and a spa on the property. For those who need parking, there is a garage. The garage is 520 sqft. There are a total of 2 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system and being fueled with nothing. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1978 Margot Place was last sold in Mar 3, 2023 for $2,380,000. According to our calculations, that's $1,270.01 per sqft. Prior to that sales transaction, the property was sold for $410,000 in Jun 29, 1998. Current property owners are expected to pay $8,550 in taxes per year. The property on 1978 Margot Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $617,778. To break that down further, the land itself was valued at $308,889. While improvements to the property were assessed at a total of $308,889. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 520
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 8,190
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 700
  • Total Building Area: 1,874
  • Gross Building Area: 1,874
  • Building Area: 1,874
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,874
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: FAIRGLEN
  • Land Acres: 0.188
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1818 FAIRGLEN BOOK 76 PAGE 7 LOT 6

Ownership

  • Current Owner : BESHARATIAN ALI
  • Current Owner 2: ASGARISABET MAHSA
  • Previous Owner : LIVIN NEVILLE
  • Previous Owner 2: LIVIN LOIS
  • Owner Before Previous Owner: LEFTWICH CHARLES I
  • Owner Before Previous Owner 2: LEFTWICH MARGARET R
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 502903

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 66-E3
  • Subdivision Tract Number: 1818
  • Parcel: 446-25-006
  • Lot: 6
  • Municipality: SAN JOSE
  • Latitude: 37.2866
  • Longitude: -121.909

    Address

  • Full Address: 1978 Margot Pl
  • Address - House Number: 1978
  • Address - Street Name: Margot
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: San Jose
  • Carrier Code: C032
  • 4-Digit Zip Code: 4661
  • Zip Code: 95125

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,550
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,903,085
  • High Value: 2,276,811
  • Low Value: 1,529,359

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,904,000
  • First Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Mar 13, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,904,000
  • 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: Apr 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,778
  • Assessed Land Value: $308,889
  • Assessed Improvements Value: $308,889

    Sales

  • Current Sale Contract Date: Mar 03, 2023
  • Current Sale Recording Date: Mar 13, 2023
  • Current Sale Transaction ID: 11903615252
  • Current Sale Price: $2,380,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25448610
  • Previous Sale Recording Date: Jul 14, 1998
  • Previous Sale Contract Date: Jun 29, 1998
  • Previous Sale Amount: $410,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Mar 13, 2023
  • First Mortgage Loan Amount: $1,904,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2053

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Jul 14, 1998
  • Previous Mortgage Loan Amount: $368,950
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2028

About Willow Glen



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Frequently Asked Questions

What neighborhood is 1978 Margot Place located in?
The 1978 Margot Place is a located in the neighborhood of Willow Glen in Willow Glen, San Jose.
What is the average sales price for listings in 1978 Margot Place?
The average sales price for units in 1978 Margot Place is $0 currently.

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