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2780 Ferrara Circle

2780 Ferrara Circle, San Jose, CA 95111
Property in South San Jose
Sold May 03, 2021
$995,000
$796,000 by Quicken Loans Llc
Mortgage Due May 01, 2051
Sold Jul 29, 2015
$652,500
$521,880 by Bank Of America Na
Mortgage Due Aug 01, 2045
2780 Ferrara Circle 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 2015 and is 9 years old. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 3 stories. In addition, 2780 Ferrara Circle has 2,042 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,462 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

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 attached garage for those who require parking. The garage measured 418 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying a porch. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as good. 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 B by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 2780 Ferrara Circle sold most recently in Apr 15, 2021 for a total of $995,000. If you work out the math, that's approximately a cost of $487.27 per sqft. Before that, the property was also sold for $652,500 in Jul 27, 2015. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,218 in taxes each year. 2780 Ferrara Circle was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,014,900. If we break it down further, the land itself was valued at $507,450. Improvements to the property, however, were assessed at a total of $507,450. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, 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: 1,462
  • 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: MONTECITO VISTA URBAN VILLAGE
  • Land Acres: 0.034
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 10207 MONTECITO VISTA URBAN VILLAGE BOOK 873 PAGE 17 PAGE 26 LOT 29

Ownership

  • Current Owner : MORETTI MICHAEL J
  • Previous Owner : ALFARO VICTOR C
  • Previous Owner 2: ALFARO JOANN M
  • Owner Before Previous Owner: LENNAR HOMES OF CALIFORNIA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: M4

Geography

  • Subdivision Tract Number: 10207
  • Parcel: 456-36-029
  • Lot: 29
  • Municipality: SAN JOSE
  • Latitude: 37.2908
  • Longitude: -121.856

    Address

  • Full Address: 2780 Ferrara Cir
  • Address - House Number: 2780
  • 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: $14,218
  • Tax Rate Code Area: 17-030

    Appraisal Valuation

  • Standard Deviation: 0.1889
  • Valuation Date: May 17, 2023
  • Confidence Score: 75
  • Final Value: 1,113,086
  • High Value: 1,323,413
  • Low Value: 902,759

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $796,000
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: May 03, 2021
  • First Open Lien Mortgage Loan Amount: $796,000
  • 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: 2022
  • Assessed Total Value: $1,014,900
  • Assessed Land Value: $507,450
  • Assessed Improvements Value: $507,450

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 15, 2021
  • Current Sale Recording Date: May 03, 2021
  • Current Sale Price: $995,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24945931
  • Previous Sale Recording Date: Jul 29, 2015
  • Previous Sale Contract Date: Jul 27, 2015
  • Previous Sale Amount: $652,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: QUICKEN LOANS LLC
  • First Mortgage Transaction Date: May 03, 2021
  • First Mortgage Loan Amount: $796,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: BANK OF AMERICA NA
  • Previous Mortgage Transaction Date: Jul 29, 2015
  • Previous Mortgage Loan Amount: $521,880
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2045

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Frequently Asked Questions

What neighborhood is 2780 Ferrara Circle located in?
The 2780 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 2780 Ferrara Circle?
The average sales price for units in 2780 Ferrara Circle is $0 currently.

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