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2040 Edgegate Drive

2040 Edgegate Drive, San Jose, CA 95122
Property in Edge
Sold Mar 29, 2012
$140,000
$234,000 by Quicken Loans Llc
Mortgage Due Sep 01, 2035
Sold May 12, 1999
$320,000
$288,000 by Downey S/l
Mortgage Due Jun 01, 2029
Local assessors in San Jose, CA have categorized 2040 Edgegate Drive as a residential type of property. The home was built in 1983 and is 41 years old. The property's lot size has been calculated to be 4,275 square feet. The linear feet between the front and back of the lot was measured at 950 ft and the front of the lot was measured at 450 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 8 rooms in the home. Of these, 4 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 2040 Edgegate Drive has a total of 1,698 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. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a municipal sewage system. Though, they may have to pay additional fees to have their wastewater disposed. 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 480 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 average. 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 building has a roof that is made of wood shake/ shingles. Lots of wood shingle were used in the construction of the exterior walls of the home. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2040 Edgegate Drive sold most recently in Feb 29, 2012 for a total of $140,000. If you work out the math, that's approximately a cost of $82.45 per sqft. Before that, the property was also sold for $320,000 in May 5, 1999. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,605 in taxes each year. 2040 Edgegate Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $482,335. If we break it down further, the land itself was valued at $198,969. Improvements to the property, however, were assessed at a total of $283,366. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 1983
  • Effective Year Built: 1983
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Wood shingle
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 480
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,275
  • Lot Size Depth Feet: 950
  • Lot Size Frontage Feet: 450
  • Total Building Area: 1,698
  • Gross Building Area: 824
  • Building Area: 1,698
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,698
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT 6492
  • Land Acres: 0.098
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6492 BOOK 472 PAGE 15 PAGE 16 LOT 59

Ownership

  • Current Owner : ONG KHAI T
  • Current Owner 2: NGUYEN NGOCHUONG T
  • Previous Owner : NGUYEN TRONG N
  • Previous Owner 2: NGUYEN TRUNG N
  • Owner Before Previous Owner: QUACH TRANG V
  • Owner Before Previous Owner 2: HUA DIEM T
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Evergreen Elementary School District
  • Census Tract: 503305

Zoning

  • Zoning: R2-PD

Geography

  • Assessors Map Reference: 63-B4
  • Subdivision Tract Number: 6492
  • Parcel: 670-26-076
  • Lot: 59
  • Municipality: SAN JOSE
  • Latitude: 37.3216
  • Longitude: -121.818

    Address

  • Full Address: 2040 Edgegate Dr
  • Address - House Number: 2040
  • Address - Street Name: Edgegate
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C027
  • 4-Digit Zip Code: 4024
  • Zip Code: 95122

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,605
  • Tax Rate Code Area: 17-170

    Appraisal Valuation

  • Standard Deviation: 0.2097
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,160,736
  • High Value: 1,404,230
  • Low Value: 917,243

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $234,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Aug 10, 2020
  • First Open Lien Mortgage Loan Amount: $234,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $482,335
  • Assessed Land Value: $198,969
  • Assessed Improvements Value: $283,366

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 29, 2012
  • Current Sale Recording Date: Mar 29, 2012
  • Current Sale Transaction ID: 1083539006
  • Current Sale Price: $140,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 21603001
  • Previous Sale Recording Date: May 12, 1999
  • Previous Sale Contract Date: May 05, 1999
  • Previous Sale Amount: $320,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PROVIDENT FUNDING ASSOCIATES L
  • First Mortgage Transaction Date: Mar 29, 2012
  • First Mortgage Loan Amount: $280,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: DOWNEY S/L
  • Previous Mortgage Transaction Date: May 12, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $288,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2029

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Frequently Asked Questions

What neighborhood is 2040 Edgegate Drive located in?
The 2040 Edgegate Drive is a located in the neighborhood of Edge in Evergreen, San Jose.
What is the average sales price for listings in 2040 Edgegate Drive?
The average sales price for units in 2040 Edgegate Drive is $0 currently.

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