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232 North 3rd Street

232 North 3rd Street, San Jose, CA 95112
Property in Horace Mann
1 Units For Sale
Unit for sale at 232 N 3rd ST, SAN JOSE, CA 95112

$2,650,000

  • Commercial
  • 5,512 ft²
232 N 3rd ST, SAN JOSE, CA 95112 Listing by Michael Shields

Local assessors in San Jose, CA have categorized 232 North 3rd Street as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 6,210 square feet. The linear feet between the front and back of the lot was measured at 1,380 ft and the front of the lot was measured at 450 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a multifamily style. This is a 3 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 232 North 3rd Street has a total of 5,512 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 water system. 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 13 sqft. There are 13 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has a patio so you'll have a great option in the 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 - C. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. 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, 232 North 3rd Street sold most recently in Feb 10, 2023 for a total of $2,650,000. If you work out the math, that's approximately a cost of $480.77 per sqft. 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 $16,096 in taxes each year. 232 North 3rd Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $995,322. If we break it down further, the land itself was valued at $287,106. Improvements to the property, however, were assessed at a total of $708,216. 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.

Building Features

Parking

Assigned Parking
Carport
Covered Parking
Garage Parking
On-Street Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220921
09/21/2022
Loft
-
5512 ft²
$2,850,000
bedrooms
Loft
bathrooms
-
square feet
5512 ft²
-
-
-
Michael Shields
SiliconValley MultiFamilyGroup

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Floor Count: 3
  • Living Units: 10
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 13
  • Parking Space Count: 13
  • Patio Type: Patio

    Dimensions

  • Lot Size Square Feet: 6,210
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 450
  • Total Building Area: 5,512
  • Gross Building Area: 5,512
  • Building Area: 5,512
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 5,512
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: SAN JOSE
  • Land Acres: 0.143
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: MAP A PG 72 BLK 4 PART OF LOT 6

Ownership

  • Current Owner : MARGARET VILLAS LLC
  • Previous Owner : THOMAS ANTHONY ANZELDE
  • Previous Owner 2: THOMAS LUZ MENDOZ
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 501000

Zoning

  • Zoning: CO

Geography

  • Assessors Map Reference: 62-A2
  • Parcel: 467-01-042
  • Block: 4
  • Lot: 6
  • Municipality: SAN JOSE
  • Latitude: 37.3407
  • Longitude: -121.891

    Address

  • Full Address: 232 N 3rd St
  • Address - House Number: 232
  • Street Direction: N
  • Address - Street Name: 3rd
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Jose
  • Carrier Code: C032
  • 4-Digit Zip Code: 5226
  • Zip Code: 95112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,096
  • Tax Rate Code Area: 17-193

    Appraisal Valuation

  • Standard Deviation: 0.4237
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 968,493
  • High Value: 1,378,843
  • Low Value: 558,142

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,987,500
  • First Open Lien Mortgage Lender: ANZELDE CHRISTIAN
  • First Open Lien Mortgage Recording Date: Mar 17, 2023
  • First Open Lien Mortgage Loan Amount: $1,987,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $995,322
  • Assessed Land Value: $287,106
  • Assessed Improvements Value: $708,216

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Mar 17, 2023
  • Current Sale Transaction ID: 11903750680
  • Current Sale Price: $2,650,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25450478

    Last Sale Mortgage

  • First Mortgage Lender: ANZELDE CHRISTIAN
  • First Mortgage Transaction Date: Mar 17, 2023
  • First Mortgage Loan Amount: $1,987,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

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Frequently Asked Questions

What neighborhood is 232 North 3rd Street located in?
The 232 North 3rd Street is a located in the neighborhood of Horace Mann in Central San Jose, San Jose.
How many listings are currently for sale in 232 North 3rd Street?
There is one unit for sale right now.
What is the average sales price for listings in 232 North 3rd Street?
The average sales price for units in 232 North 3rd Street is $2,650,000 , or $481/sqft. currently.

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