2777 Richland AVE

2777 Richland Avenue, San Jose, CA 95125

$2,888,000
$111,950 (3.7%)
 for Sale at 2777 Richland Avenue, San Jose, CA 95125

50

 for Sale at 2777 Richland Avenue, San Jose, CA 95125
 for Sale at 2777 Richland Avenue, San Jose, CA 95125
 for Sale at 2777 Richland Avenue, San Jose, CA 95125
$2,888,000
$111,950 (3.7%)
4
Beds
3.5
Baths
1
Half Bath
3,010
Ft²
$959
$/ft²
0.26
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$14,181
Beautiful ADU/ in-law unit/ office/ 2nd unit w/ separate entrance can generate 2000 a month income. Can be combined or separated from the home..Tastefully expanded & fully remodeled. Hard to find 1-STORY Home with 9-foot ceilings, modern open floor plan concept, ideal for entertainment leading to a huge back yard with fancy BBQ Island thru 2 sets of 12-foot wide sectional sliding doors that open all the way across, to bring the outside, in.  4 beds + office with 3.5 baths. Top-of-the-line Thermador" appliances that are hard to find (one year wait list) .. Extra large Master with sitting area, walk-in closet. Modern master bath with wetroom. This is one of the...

LISTING AGENT


Building Info

Overview

This property was built in 1957.

General

  • Year Built

    1957
  • Actual Year Built

    1957
  • Total Rooms

    8.00
  • Bedroom Count

    4
  • Bathroom Count

    3.00
  • Full Bathrooms

    3.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    6
  • Building Quality

    4
  • Construction Type

    wood
  • Building Style

    -
  • Exterior Walls Type

    -
  • Interior Walls Type

    -
  • Roof Shape Type

    -
  • Roof Cover Type

    -
  • Floor Count

    1
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    -
  • Basement Type

    -
  • Basement Area

    0.00
  • Garage Type

    garage
  • Garage Square Area

    440.00
  • Parking Space Count

    2.00
  • Patio Type

    -
  • Porch Type

    -
  • Pool Type

    -

Dimensions

  • Lot Size Square Feet

    12,495
  • Lot Size Depth Feet

    1470
  • Lot Size Frontage Feet

    850
  • Total Building Area

    2,235
  • Gross Building Area

    0.00
  • Building Area

    2,235
  • Building Area Source

    L

Heating

  • Fireplace Count

    1.00
  • Air Conditioning Type

    -
  • Heat Code

    a heating system
  • Heated Square Feet

    2,235
  • Heating Fuel Type

    -

Codes

  • Sewer System

    -
  • Water Service Type

    -

Building

Building codes and types
  • Building Type

    -
  • Property Class ID

    residential
  • Subdivision

    LINCOLN GLENN SUBD
  • Land Acres

    0.287
  • Standard Land Use Code

    single family residential
  • County Land Use Code

    01
  • Legal Description 1

    LINCOLN GLENN SUBD LOT 290

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    San Jose Unified School District
  • Census Tract

    503002

Zoning

The zoning code for this property is R1-8.
  • Zoning

    R1-8

Geography

The property is located in zip code 95125.
  • Subdivision Tract Number

    1797
  • Parcel

    439-46-002
  • Block

  • Lot

  • Municipality

    SAN JOSE
  • Latitude

    37.28
  • Longitude

    -121.886

Address

  • Full Address

    2777 Richland Ave
  • Address - House Number

    2777
  • Address - Street Name

    Richland
  • Address - Suffix Type

    Ave
  • State

    CA
  • City Name

    San Jose
  • Carrier Code

    C027
  • 4-Digit Zip Code

    4246
  • Zip Code

    95125

Valuation

The assessed value of this property is $104,533.
  • Timestamp

    Jan 19, 2022
  • UCID Flag

    C
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2021
  • Tax Amount

    $2,613
  • Tax Rate Code Area

    17-108

Open Liens

  • Total Open Liens

    1
  • Total Open Liens Amount

    $1,100,000

Market Valuation

  • Market Total Value

    $0
  • Market Land Value

    $0
  • Market Improvement Value

    $0

Appraisal Valuation

  • Valuation Date

    Jan 12, 2022
  • Confidence Score

    77
  • Final Value

    1,839,277
  • High Value

    2,160,299
  • Low Value

    1,518,255

Assessments Valuation

  • Assessed Year

    2021
  • Assessed Total Value

    $104,533
  • Assessed Land Value

    $22,594
  • Assessed Improvements Value

    $81,939

Exemptions

  • Homeowner Exemption Flag

    T

Sales

  • Current Sale Contract Date

    20210630
  • Current Sale Recording Date

    20210727
  • Current Sale Transaction ID

    11844848152
  • Current Sales Price

    $2,100,000
  • Current Sale Document Type

    Grant Deed
  • Current Sale Input Document Number

    25042366

Mortgages

  • First Current Mortgage Lender

    CASTLE MORTGAGE CORP
  • First Current Mortgage Transaction Date

    20210727
  • First Current Mortgage Loan Amount

    $1,100,000
  • First Current Mortgage Terms

    360
  • First Current Mortgage Loan Type

    New Conventional
  • First Current Mortgage Loan Due Date

    20510801
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Lender

    CASTLE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date

    20210727
  • First Open Lien Mortgage Loan Amount

    $1,100,000
  • 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

    20510801
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Loan Amount

    $0
  • Previous Mortgage Term

    0

Building Features

Parking

Attached Garage

Condition

New Construction

Home Features

Home Systems

Security System

Appliances

FreezerGas Oven

HVAC

Central A/C

View

Mountain View

Ownership

Current Owner

Roham Sohrab

Previous Owner

Nichols Robert D

Price History

Date/EventEventPrice
Mar 14, 2023 Price DecreasedPrice Decreased$2,888,000 $111,950 (3.7%)
Feb 18, 2023 Listed by CompassListed by Compass$2,999,950
Dec 20, 2022 No longer availableNo longer available-
Nov 12, 2022 Price DecreasedPrice Decreased$2,998,888 $90K (2.9%)
Nov 1, 2022 Price DecreasedPrice Decreased$3,088,888 $186,112 (5.7%)
Oct 22, 2022 Price DecreasedPrice Decreased$3,275,000 $120K (3.5%)
Oct 5, 2022 Price DecreasedPrice Decreased$3,395,000 $93,888 (2.7%)
Sep 21, 2022 Listed by CompassListed by Compass$3,488,888
Oct 6, 2021 No longer availableNo longer available-
Jul 27, 2021 SoldSold$2,100,000
Jun 25, 2021 Listed by CompassListed by Compass$1,750,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$54,000
ExpensesPer Year
$0
Operating ProfitPer Year
$54,000
Cap rate
1.87%

Price Estimate

$3,401,000$2,913,113$2,425,226
20232024202520262027
Current Asking Price

$2,888,000

HopScore Market Price

$2,913,113

The current asking price is $25,113.06 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
Active
House
5
3.5
2,537 ft²
$1,257/ft²
$3,189,000

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Neighborhood

About Willow Glen South-Lincoln Glen

Stats & Trends

The median asking price in Willow Glen South-Lincoln Glen is $1,686,500.
  • Median Asking

    $1,686,500
  • Sale Price/ft²

    $968.13
  • Below Asking

    0.03%
  • Days on Market

    25

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2777 Richland Avenue in San Jose, CA was first built in 1957 and is 66 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms and unclear on the number of partial bathrooms. 2777 Richland Avenue has 2,235 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 850 ft and the linear feet between the front and back of...

2777 Richland Avenue, San Jose, CA 95125


Frequently Asked Questions

What neighborhood is 2777 Richland Avenue located in?
The 2777 Richland Avenue is a house located in the neighborhood of Willow Glen South-Lincoln Glen in Willow Glen, San Jose.
How many units are currently for sale in 2777 Richland Avenue?
2777 Richland Avenue has a total of 1 units in the building. There are one units for sale right now.
What is the average sales price for units in 2777 Richland Avenue?
The average sales price for units in 2777 Richland Avenue is $1,750,000, or $783/sqft.
How long on average are units in 2777 Richland Avenue on the market?
Units in 2777 Richland Avenue are usually on the market for an average of 31 days with an average asking price of $1,750,000.

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