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2475 Walnut Grove Avenue

2475 Walnut Grove Avenue, San Jose, CA 95128
Property in Cory
Sold Feb 09, 2021
$1,505,000
$1,128,750 by Bank Of America Na
Mortgage Due Mar 01, 2051
Sold Sep 02, 2015
$950,000
$760,000 by Us Bank Na
Mortgage Due Sep 01, 2045
Local assessors in San Jose, CA have categorized 2475 Walnut Grove Avenue as a residential type of property. The home was built in 1950 and is 74 years old. The property's lot size has been calculated to be 5,900 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 590 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 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 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2475 Walnut Grove Avenue has a total of 1,706 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 360 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. 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. In addition, there is a both a pool and a spa on the property. Perfect for those who want to host pool parties over the summer. 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. 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, 2475 Walnut Grove Avenue sold most recently in Feb 4, 2021 for a total of $1,505,000. If you work out the math, that's approximately a cost of $882.18 per sqft. Before that, the property was also sold for $950,000 in Aug 26, 2015. 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 $19,908 in taxes each year. 2475 Walnut Grove Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,565,541. If we break it down further, the land itself was valued at $1,174,091. Improvements to the property, however, were assessed at a total of $391,450. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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: 1950
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • 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: 360
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 5,900
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,706
  • Gross Building Area: 806
  • Building Area: 1,706
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 1,706
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 574
  • Land Acres: 0.135
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 574 BOOK 26 PAGE 36 PAGE 39 LOT 78

Ownership

  • Current Owner : TSE ALEXANDER SHEUNG TAK
  • Current Owner 2: SHEN LIQIONG
  • Previous Owner : AZEVEDO KEVEN
  • Previous Owner 2: AZEVEDO NIKITA
  • Owner Before Previous Owner: PERKINS BRIAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 505800

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 61-B3
  • Subdivision Tract Number: 574
  • Parcel: 274-53-039
  • Lot: 78
  • Municipality: SAN JOSE
  • Latitude: 37.3336
  • Longitude: -121.949

    Address

  • Full Address: 2475 Walnut Grove Ave
  • Address - House Number: 2475
  • Address - Street Name: Walnut Grove
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C008
  • 4-Digit Zip Code: 1130
  • Zip Code: 95128

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,908
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1868
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 75
  • Final Value: 1,743,176
  • High Value: 2,068,811
  • Low Value: 1,417,541

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,128,750
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Feb 09, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,128,750
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Mar 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,565,541
  • Assessed Land Value: $1,174,091
  • Assessed Improvements Value: $391,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Feb 04, 2021
  • Current Sale Recording Date: Feb 09, 2021
  • Current Sale Transaction ID: 11816574308
  • Current Sale Price: $1,505,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 24823738
  • Previous Sale Recording Date: Sep 02, 2015
  • Previous Sale Contract Date: Aug 26, 2015
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Feb 09, 2021
  • First Mortgage Loan Amount: $1,128,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Mar 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: US BANK NA
  • Previous Mortgage Transaction Date: Sep 02, 2015
  • Previous Mortgage Loan Amount: $760,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About Central San Jose



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Frequently Asked Questions

What neighborhood is 2475 Walnut Grove Avenue located in?
The 2475 Walnut Grove Avenue is a located in the neighborhood of Cory in Central San Jose, San Jose.
What is the average sales price for listings in 2475 Walnut Grove Avenue?
The average sales price for units in 2475 Walnut Grove Avenue is $0 currently.

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