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2750 Ferrara Circle

2750 Ferrara Circle, San Jose, CA 95111
Property in South San Jose
Sold Sep 10, 2018
$961,000
$745,000 by Bank Of America Na
Mortgage Due Nov 01, 2051
Sold Aug 21, 2015
$653,500
$400,000 by Universal American Mortgage Co
Mortgage Due Sep 01, 2045
Local assessors in San Jose, CA have categorized 2750 Ferrara Circle as a residential type of property. The home was built in 2015 and is 9 years old. The property's lot size has been calculated to be 1,413 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo 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, 4 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 3 full bathrooms. There are also 4 partial bathrooms. 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 2750 Ferrara Circle has a total of 2,042 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 attached garage for those who need a place to park their vehicle. The garage on the property is 418 sqft. There are 2 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 porch so you'll have a great option in the front of the home. In addition, there is a pool 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 good. 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 - B. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 2750 Ferrara Circle was last sold in Sep 7, 2018 for $961,000. According to our calculations, that's $470.62 per sqft. Prior to that sales transaction, the property was sold for $653,500 in Aug 3, 2015. Current property owners are expected to pay $14,247 in taxes per year. The property on 2750 Ferrara Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,010,180. To break that down further, the land itself was valued at $505,090. While improvements to the property were assessed at a total of $505,090. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 418
  • Parking Space Count: 2
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 1,413
  • Total Building Area: 2,042
  • Gross Building Area: 432
  • Building Area: 2,042
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 2,042
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10207 MONTECITO VISTA URBAN VL
  • Land Acres: 0.032
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 10207 MONTECITO VISTA URBAN VILLAGE BOOK 873 PAGE 17 PAGE 26 LOT 24

Ownership

  • Current Owner : JAIN GAURAV B
  • Current Owner 2: JAIN SILKY
  • Previous Owner : FENTON SHAWN
  • Previous Owner 2: FENTON KANA
  • Owner Before Previous Owner: LENNAR HOMES OF CALIFORNIA INC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Franklin-McKinley Elementary School District
  • Census Tract: 503126

Zoning

  • Zoning: M4

Geography

  • Subdivision Tract Number: 10207
  • Parcel: 456-36-024
  • Lot: 24
  • Municipality: SAN JOSE
  • Latitude: 37.2906
  • Longitude: -121.856

    Address

  • Full Address: 2750 Ferrara Cir
  • Address - House Number: 2750
  • Address - Street Name: Ferrara
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: San Jose
  • Carrier Code: C033
  • 4-Digit Zip Code: 3180
  • Zip Code: 95111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,247
  • Tax Rate Code Area: 17-030

    Appraisal Valuation

  • Standard Deviation: 0.1847
  • Valuation Date: May 17, 2023
  • Confidence Score: 75
  • Final Value: 1,231,380
  • High Value: 1,458,893
  • Low Value: 1,003,867

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $745,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 03, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $745,000
  • 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: Nov 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,010,180
  • Assessed Land Value: $505,090
  • Assessed Improvements Value: $505,090

    Sales

  • Current Sale Contract Date: Sep 07, 2018
  • Current Sale Recording Date: Sep 10, 2018
  • Current Sale Transaction ID: 11504725240
  • Current Sale Price: $961,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24020125
  • Previous Sale Recording Date: Aug 21, 2015
  • Previous Sale Contract Date: Aug 03, 2015
  • Previous Sale Amount: $653,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: MUFG UNION BANK NA
  • First Mortgage Transaction Date: Sep 10, 2018
  • First Mortgage Loan Amount: $763,750
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: Oct 01, 2048

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: UNIVERSAL AMERICAN MORTGAGE CO
  • Previous Mortgage Transaction Date: Aug 21, 2015
  • Previous Mortgage Loan Amount: $400,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2045

About South San Jose



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2750 Ferrara Circle located in?
The 2750 Ferrara Circle is a located in the neighborhood of South San Jose in South San Jose, San Jose.
What is the average sales price for listings in 2750 Ferrara Circle?
The average sales price for units in 2750 Ferrara Circle is $0 currently.

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