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2550 Clarebank Way

2550 Clarebank Way, San Jose, CA 95121
Property in Cadwallader
Sold May 29, 2020
$181,500
$300,000 by Star One Cu
Mortgage Due Jun 01, 2035
Sold May 15, 2015
$600,000
2550 Clarebank Way in San Jose, CA was first built in 1992 and is 32 years old. This has been categorized as a residential property type. There are a total of 2 floors. There are a total of 9 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 2550 Clarebank Way has 2,159 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. In total, the area measurement of the land is 6,032 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a garage. The garage is 672 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 B. The condition of the building has been evaluated as good. As for heating, the home is utilizing a heating system. The property was last sold in May 20, 2020 for $181,500. That's $84.07 per sqft. Prior to that sales transaction, the property was also sold in May 13, 2015 for $600,000. 2550 Clarebank Way was last assessed in 2023. The total value of the property was assessed at $1,035,746. Specifically, the land the property is located on was valued at $487,127. While improvements on the property were assessed at a total of $548,619. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $14,814. 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! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1992
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 672
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,032
  • Total Building Area: 2,159
  • Gross Building Area: 1,190
  • Building Area: 2,159
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,159
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 8381
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 8381 BOOK 635 PAGE 15 PAGE 17 LOT 33

Ownership

  • Current Owner : HONG WILLIAM
  • Current Owner 2: HONG VAN
  • Previous Owner : HONG JOHN
  • Previous Owner 2: HONG LOAN
  • Owner Before Previous Owner: HONG JOHN
  • Owner Before Previous Owner 2: HONG LOAN
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Evergreen Elementary School District
  • Census Tract: 503327

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 63-D6
  • Subdivision Tract Number: 8381
  • Parcel: 676-19-100
  • Lot: 33
  • Municipality: SAN JOSE
  • Latitude: 37.3098
  • Longitude: -121.794

    Address

  • Full Address: 2550 Clarebank Way
  • Address - House Number: 2550
  • Address - Street Name: Clarebank
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Jose
  • Carrier Code: C006
  • 4-Digit Zip Code: 1269
  • Zip Code: 95121

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,814
  • Tax Rate Code Area: 17-027

    Appraisal Valuation

  • Standard Deviation: 0.1983
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,632,878
  • High Value: 1,956,835
  • Low Value: 1,308,920

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $300,000
  • First Open Lien Mortgage Lender: STAR ONE CU
  • First Open Lien Mortgage Recording Date: May 29, 2020
  • First Open Lien Mortgage Loan Amount: $300,000
  • 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: Jun 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,035,746
  • Assessed Land Value: $487,127
  • Assessed Improvements Value: $548,619

    Sales

  • Current Sale Contract Date: May 20, 2020
  • Current Sale Recording Date: May 29, 2020
  • Current Sale Transaction ID: 11762523605
  • Current Sale Price: $181,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24491471
  • Previous Sale Recording Date: May 15, 2015
  • Previous Sale Contract Date: May 13, 2015
  • Previous Sale Amount: $600,000
  • Previous Sale Document Type: Intrafamily Transfer & Dissolution

    Last Sale Mortgage

  • First Mortgage Lender: STAR ONE CU
  • First Mortgage Transaction Date: May 29, 2020
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2035

About Evergreen



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Frequently Asked Questions

What neighborhood is 2550 Clarebank Way located in?
The 2550 Clarebank Way is a located in the neighborhood of Cadwallader in Evergreen, San Jose.
What is the average sales price for listings in 2550 Clarebank Way?
The average sales price for units in 2550 Clarebank Way is $0 currently.

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