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2311 Olive Avenue

2311 Olive Avenue, San Jose, CA 95128
Property in Burbank
Sold Aug 19, 2016
$625,000
$330,000 by Bank Of America Na
Mortgage Due Sep 01, 2046
Sold Jan 19, 2012
$260,000
$208,000 by Bank Of America Na
Mortgage Due Feb 01, 2042
2311 Olive 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 1929 and is 95 years old. The home has a total of 4 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 2311 Olive Avenue has 816 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 900 ft and across the front of the lot is 380 ft. The area measurement of the land has been determined as 3,420 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 288 sqft. According to our sources, there is one available parking space. Residents will have the luxury of enjoying both a unknown and a unknown. 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 C by the local assessor. The exterior walls of the building are made of wood siding. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 2311 Olive Avenue was last sold in Aug 16, 2016 for $625,000. According to our calculations, that's $765.93 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Jan 9, 2012. Current property owners are expected to pay $10,098 in taxes per year. The property on 2311 Olive Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $697,193. To break that down further, the land itself was valued at $522,840. While improvements to the property were assessed at a total of $174,353. 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: 1929
  • Effective Year Built: 1929
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 288
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 3,420
  • Lot Size Depth Feet: 900
  • Lot Size Frontage Feet: 380
  • Total Building Area: 816
  • Gross Building Area: 816
  • Building Area: 816
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 816
  • Heating Fuel Type: None

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: INTERURBAN PARK
  • Land Acres: 0.079
  • Standard Land Use Code: Single family residential
  • Legal Description 1: BLK 8 LOT 23,24

Ownership

  • Current Owner : WEI JUN
  • Current Owner 2: ZHU HE
  • Previous Owner : JUSINSKA JOLANTA
  • Owner Before Previous Owner: RODERICK WILLIAM T
  • Owner Before Previous Owner 2: RODERICK LORRIE N
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Campbell Union High School District
  • Census Tract: 502001

Zoning

  • Zoning: R1-N2

Geography

  • Assessors Map Reference: 61-C4
  • Parcel: 274-18-071
  • Block: 8
  • Lot: 23,24
  • Municipality: UNINCORPORATED
  • Latitude: 37.3255
  • Longitude: -121.929

    Address

  • Full Address: 2311 Olive Ave
  • Address - House Number: 2311
  • Address - Street Name: Olive
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C046
  • 4-Digit Zip Code: 1830
  • Zip Code: 95128

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,098
  • Tax Rate Code Area: 58-002

    Appraisal Valuation

  • Standard Deviation: 0.1689
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 1,083,026
  • High Value: 1,308,549
  • Low Value: 857,502

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $330,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 19, 2016
  • First Open Lien Mortgage Loan Amount: $330,000
  • 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: Sep 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $697,193
  • Assessed Land Value: $522,840
  • Assessed Improvements Value: $174,353

    Sales

  • Current Sale Contract Date: Aug 16, 2016
  • Current Sale Recording Date: Aug 19, 2016
  • Current Sale Transaction ID: 1723406089
  • Current Sale Price: $625,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23405094
  • Previous Sale Recording Date: Jan 19, 2012
  • Previous Sale Contract Date: Jan 09, 2012
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 19, 2016
  • First Mortgage Loan Amount: $330,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jan 19, 2012
  • Previous Mortgage Loan Amount: $208,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2042

About Central San Jose



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Frequently Asked Questions

What neighborhood is 2311 Olive Avenue located in?
The 2311 Olive Avenue is a located in the neighborhood of Burbank in Central San Jose, San Jose.
What is the average sales price for listings in 2311 Olive Avenue?
The average sales price for units in 2311 Olive Avenue is $0 currently.

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