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2558 Downing Avenue

2558 Downing Avenue, San Jose, CA 95128
Sold Jan 17, 2020
$1,020,000
Buyer
Seller
$500,000 by United Wholesale Mortgage
Mortgage Due May 01, 2051
Sold Aug 15, 2019
$895,000
$500,055 by Lima One Capital Llc
Mortgage Due Oct 01, 2020
2558 Downing Avenue in San Jose, CA was first built in 1961 and is 63 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 2558 Downing Avenue has 1,415 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. The linear feet across the front of the lot is 600 ft and the linear feet between the front and back of the lot is 990. In total, the area measurement of the land is 5,940 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 437 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. 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, 2558 Downing Avenue was last sold in Jan 14, 2020 for $1,020,000. According to our calculations, that's $720.85 per sqft. Prior to that sales transaction, the property was sold for $895,000 in Jul 31, 2019. Current property owners are expected to pay $14,332 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 1900. The property on 2558 Downing Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,072,200. To break that down further, the land itself was valued at $750,540. While improvements to the property were assessed at a total of $321,660. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

Attached Garage
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1961
  • Effective Year Built: 1961
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 437
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,940
  • Lot Size Depth Feet: 990
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,415
  • Gross Building Area: 1,415
  • Building Area: 1,415
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,415
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: MAP OF TRACT NO 2897
  • Land Acres: 0.136
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2897 BOOK 131 PAGE 44 LOT 8

Ownership

  • Current Owner : XI WANFU
  • Previous Owner : BAYVIEW LLC
  • Owner Before Previous Owner: AQUINO CHRISTY
  • Owner Before Previous Owner 2: AQUINO CRESENCIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Campbell Union Elementary School District
  • Census Tract: 502101

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 61-C6
  • Subdivision Tract Number: 2897
  • Parcel: 282-16-002
  • Lot: 8
  • Municipality: SAN JOSE
  • Latitude: 37.305
  • Longitude: -121.94

    Address

  • Full Address: 2558 Downing Ave
  • Address - House Number: 2558
  • Address - Street Name: Downing
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C027
  • 4-Digit Zip Code: 3868
  • Zip Code: 95128

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,332
  • Intital Tax Deliquent Year: 1900
  • Tax Rate Code Area: 17-021

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,613,982
  • High Value: 1,930,935
  • Low Value: 1,297,030

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,072,200
  • Assessed Land Value: $750,540
  • Assessed Improvements Value: $321,660

    Sales

  • Current Sale Contract Date: Jan 14, 2020
  • Current Sale Recording Date: Jan 17, 2020
  • Current Sale Transaction ID: 11718137264
  • Current Sale Price: $1,020,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24383532
  • Previous Sale Recording Date: Aug 15, 2019
  • Previous Sale Contract Date: Jul 31, 2019
  • Previous Sale Amount: $895,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Jan 17, 2020
  • First Mortgage Loan Amount: $612,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Feb 01, 2050

    Previous Mortgages

  • Previous Mortgage Lender: LIMA ONE CAPITAL LLC
  • Previous Mortgage Transaction Date: Aug 15, 2019
  • Previous Mortgage Loan Amount: $500,055
  • Previous Mortgage Term: 12
  • Previous Mortgage Loan Type: Commercial
  • Previous Mortgage Loan Due Date: Oct 01, 2020

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Frequently Asked Questions

What neighborhood is 2558 Downing Avenue located in?
The 2558 Downing Avenue is a house located in the neighborhood of Downing-Whitethorne in Willow Glen, San Jose.
What is the average sales price for listings in 2558 Downing Avenue?
The average sales price for units in 2558 Downing Avenue is $0 currently.

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