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2797 Ferrara Circle

2797 Ferrara Circle, San Jose, CA 95111
Townhouse in South San Jose
2797 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 6 rooms. 3 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, 2797 Ferrara Circle has 1,856 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 1,012 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 399 sqft. According to our sources, there is one available parking space. 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. 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, 2797 Ferrara Circle was last sold in Oct 25, 2018 for $865,000. According to our calculations, that's $466.06 per sqft. Prior to that sales transaction, the property was sold for $638,000 in Aug 24, 2015. Current property owners are expected to pay $12,865 in taxes per year. The property on 2797 Ferrara Circle was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $909,268. To break that down further, the land itself was valued at $454,634. While improvements to the property were assessed at a total of $454,634. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20180813
08/13/2018
3 Bed
4 Bath
1856 ft²
$895,888
bedrooms
3 Bed
bathrooms
4 Bath
square feet
1856 ft²
$865,000 -3.45%
11/06/2018
Rohina Nekrawesh

Building Info

Overview

    General

  • Year Built: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • 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: 399
  • Parking Space Count: 1
  • Porch Type: Porch
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 1,012
  • Total Building Area: 1,856
  • Gross Building Area: 381
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10207 ONTECITO VISTA URBAN VIL
  • Land Acres: 0.023
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 10207 MONTECITO VISTA URBAN VILLAGE BOOK 873 PAGE 17 PAGE 26 LOT 35

Ownership

  • Current Owner : TIWARI VIKRAM
  • Current Owner 2: TIWARI RICHA
  • Previous Owner : MOMENI ABDULLAH
  • Owner Before Previous Owner: LENNAR HOMES OF CALIFORNIA INC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: M4

Geography

  • Subdivision Tract Number: 10207
  • Parcel: 456-36-035
  • Lot: 35
  • Municipality: SAN JOSE
  • Latitude: 37.291
  • Longitude: -121.855

    Address

  • Full Address: 2797 Ferrara Cir
  • Address - House Number: 2797
  • Address - Street Name: Ferrara
  • Address - Suffix Type: Cir
  • State: CA
  • City Name: San Jose
  • Carrier Code: C033
  • 4-Digit Zip Code: 3181
  • Zip Code: 95111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,865
  • Tax Rate Code Area: 17-030

    Appraisal Valuation

  • Standard Deviation: 0.1916
  • Valuation Date: May 17, 2023
  • Confidence Score: 74
  • Final Value: 962,510
  • High Value: 1,146,939
  • Low Value: 778,081

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,192,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Nov 06, 2018
  • First Open Lien Mortgage Loan Amount: $692,000
  • 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, 2048
  • Second Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • Second Open Lien Mortgage Recording Date: Mar 02, 2022
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 299
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Loan Due Date: Mar 01, 2047

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $909,268
  • Assessed Land Value: $454,634
  • Assessed Improvements Value: $454,634

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 25, 2018
  • Current Sale Recording Date: Nov 06, 2018
  • Current Sale Transaction ID: 11529495660
  • Current Sale Price: $865,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24056665
  • Previous Sale Recording Date: Sep 24, 2015
  • Previous Sale Contract Date: Aug 24, 2015
  • Previous Sale Amount: $638,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Nov 06, 2018
  • First Mortgage Loan Amount: $692,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2048

    Previous Mortgages

  • Previous Mortgage Lender: CITADEL SERVICING CORPORATION
  • Previous Mortgage Transaction Date: Sep 24, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $510,350
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Oct 17, 2045

About South San Jose



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 2797 Ferrara Circle located in?
The 2797 Ferrara Circle is a townhouse located in the neighborhood of South San Jose in South San Jose, San Jose.
What is the average sales price for listings in 2797 Ferrara Circle?
The average sales price for units in 2797 Ferrara Circle is $895,888 , or $483/sqft. currently.

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