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2867 Richland Avenue

2867 Richland Avenue, San Jose, CA 95125
Sold Jul 20, 2021
$3,232,000
$1,925,000 by First Republic Bank
Mortgage Due Aug 01, 2051
Sold Jul 16, 2019
$2,825,000
$2,260,000 by Patelco Cu
Mortgage Due Aug 01, 2049
2867 Richland Avenue 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 1959 and is 65 years old. However, we must point out that the home was most recently renovated and altered in 1996. The home has a total of 11 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 4 full bathrooms. There are 5 partial bathrooms in the home. The building has a total of 2 stories. In addition, 2867 Richland Avenue has 3,700 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 1,120 ft and across the front of the lot is 950 ft. The area measurement of the land has been determined as 10,640 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom 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 garage for those who require parking. The garage measured 636 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. Love to swim? You'll be excited to find out that there is a both a pool and a spa on the property. 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 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. There is a single fireplace in the home. Perfect for those wintery nights. 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, 2867 Richland Avenue sold most recently in Jul 12, 2021 for a total of $3,232,000. If you work out the math, that's approximately a cost of $873.51 per sqft. Before that, the property was also sold for $2,825,000 in Jul 10, 2019. 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 $39,769 in taxes each year. The initial year of tax delinquency occurred in 2021. 2867 Richland Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $3,296,640. If we break it down further, the land itself was valued at $2,802,144. Improvements to the property, however, were assessed at a total of $494,496. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Parking

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

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1996
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 4
  • Bathroom Count: 5
  • Full Bathrooms: 4
  • Partial Bathrooms: 5
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 636
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch
  • Pool Type: Pool & spa (both)

    Dimensions

  • Lot Size Square Feet: 10,640
  • Lot Size Depth Feet: 1,120
  • Lot Size Frontage Feet: 950
  • Total Building Area: 3,700
  • Gross Building Area: 2,344
  • Building Area: 3,700
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 3,700
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LINCOLN SQUARE
  • Land Acres: 0.244
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1797 LOT 293

Ownership

  • Current Owner : MACSUIBHNE VIRGINIA S
  • Current Owner 2: MACSUIBHNE RIAN
  • Previous Owner : SMALL ADAM D
  • Previous Owner 2: FAGAN SMALL KATHERINE
  • Owner Before Previous Owner: KASS EVAN GARY
  • Owner Before Previous Owner 2: THE KASS 2017 FAMILY TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 503002

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 67-B4
  • Parcel: 439-46-005
  • Lot: 293
  • Municipality: SAN JOSE
  • Latitude: 37.2793
  • Longitude: -121.885

    Address

  • Full Address: 2867 Richland Ave
  • Address - House Number: 2867
  • 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

    Tax

  • Tax Year: 2022
  • Tax Amount: $39,769
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1925
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 3,305,520
  • High Value: 3,942,163
  • Low Value: 2,668,878

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,925,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Jul 20, 2021
  • First Open Lien Mortgage Loan Amount: $1,925,000
  • 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,296,640
  • Assessed Land Value: $2,802,144
  • Assessed Improvements Value: $494,496

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 12, 2021
  • Current Sale Recording Date: Jul 20, 2021
  • Current Sale Transaction ID: 11843460374
  • Current Sale Price: $3,232,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25035359
  • Previous Sale Recording Date: Jul 16, 2019
  • Previous Sale Contract Date: Jul 10, 2019
  • Previous Sale Amount: $2,825,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Jul 20, 2021
  • First Mortgage Loan Amount: $1,925,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: PATELCO CU
  • Previous Mortgage Transaction Date: Jul 16, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $2,260,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Aug 01, 2049

About Willow Glen



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1514 Willowgate Dr. #1514 Willowgate Dr., San Jose, CA, 95118 Listing by Manager

Frequently Asked Questions

What neighborhood is 2867 Richland Avenue located in?
The 2867 Richland Avenue is a house located in the neighborhood of Willow Glen South-Lincoln Glen in Willow Glen, San Jose.
What is the average sales price for listings in 2867 Richland Avenue?
The average sales price for units in 2867 Richland Avenue is $0 currently.

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