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260 Martinvale Lane

260 Martinvale Lane, San Jose, CA 95119
Sold May 14, 2019
$800,000
$626,000 by Home Point Financial Corporati
Mortgage Due Sep 01, 2050
Sold Feb 07, 2019
$690,500
$550,000 by Lendinghome Funding Corp
Mortgage
260 Martinvale Lane 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 1970 and is 54 years old. The home has a total of 6 rooms. 3 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, 260 Martinvale Lane has 1,014 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 1,000 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 6,000 square feet.

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 448 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. 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 roof of the building is made of composition shingle. The exterior walls of the building are made of stucco. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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. The property was last sold in May 10, 2019 for $800,000. That's $788.95 per sqft. Prior to that sales transaction, the property was also sold in Jan 25, 2019 for $690,500. 260 Martinvale Lane was last assessed in 2023. The total value of the property was assessed at $857,759. Specifically, the land the property is located on was valued at $718,374. While improvements on the property were assessed at a total of $139,385. 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 $12,065. 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. 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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 448
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 600
  • Total Building Area: 1,014
  • Gross Building Area: 1,014
  • Building Area: 1,014
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,014
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 4641
  • Land Acres: 0.138
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 4641 BOOK 253 PAGE 39 LOT 8

Ownership

  • Current Owner : LIN JUI WEN
  • Current Owner 2: CHEN CHIA MEI
  • Previous Owner : HUANG YING
  • Owner Before Previous Owner: GERRELLS WYATT D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: East Side Union High School District
  • Census Tract: 512032

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 72-E4
  • Subdivision Tract Number: 4641
  • Parcel: 704-47-005
  • Lot: 8
  • Municipality: SAN JOSE
  • Latitude: 37.2254
  • Longitude: -121.783

    Address

  • Full Address: 260 Martinvale Ln
  • Address - House Number: 260
  • Address - Street Name: Martinvale
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: San Jose
  • Carrier Code: C007
  • 4-Digit Zip Code: 1873
  • Zip Code: 95119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,065
  • Tax Rate Code Area: 17-057

    Appraisal Valuation

  • Standard Deviation: 0.1953
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,009,134
  • High Value: 1,206,308
  • Low Value: 811,960

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $626,000
  • First Open Lien Mortgage Lender: HOME POINT FINANCIAL CORPORATI
  • First Open Lien Mortgage Recording Date: Aug 19, 2020
  • First Open Lien Mortgage Loan Amount: $626,000
  • 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, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $857,759
  • Assessed Land Value: $718,374
  • Assessed Improvements Value: $139,385

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 10, 2019
  • Current Sale Recording Date: May 14, 2019
  • Current Sale Transaction ID: 11608384766
  • Current Sale Price: $800,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24178837
  • Previous Sale Recording Date: Feb 07, 2019
  • Previous Sale Contract Date: Jan 25, 2019
  • Previous Sale Amount: $690,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCEAN MORTGAGE CORP
  • First Mortgage Transaction Date: May 14, 2019
  • First Mortgage Loan Amount: $640,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: LENDINGHOME FUNDING CORP
  • Previous Mortgage Transaction Date: Feb 07, 2019
  • Previous Mortgage Loan Amount: $550,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Edenvale



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Unit for rent at 5218 Rio Lobo Dr, SAN JOSE, CA, 95136

$4,800 /mo

  • 4 Beds
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5218 Rio Lobo Dr, SAN JOSE, CA, 95136 Listing by Steve Rumberg

Frequently Asked Questions

What neighborhood is 260 Martinvale Lane located in?
The 260 Martinvale Lane is a house located in the neighborhood of Martinvale-Vinyard in Edenvale, San Jose.
What is the average sales price for listings in 260 Martinvale Lane?
The average sales price for units in 260 Martinvale Lane is $0 currently.

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