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2963 Postwood Drive

2963 Postwood Drive, San Jose, CA 95132
Property in Capewood
Sold Apr 23, 2021
$1,300,000
$1,040,000 by Pnc Bank Na
Mortgage Due May 01, 2051
Sold Sep 28, 1994
$202,000
$161,600 by World S/l
Mortgage Due Oct 01, 2034
Local assessors in San Jose, CA have categorized 2963 Postwood Drive as a residential type of property. The home was built in 1964 and is 60 years old. The property's lot size has been calculated to be 6,099 square feet. The linear feet between the front and back of the lot was measured at 1,070 ft and the front of the lot was measured at 570 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 5 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 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2963 Postwood Drive has a total of 1,961 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 garage for those who need a place to park their vehicle. The garage on the property is 378 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. 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 - C. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 2963 Postwood Drive sold most recently in Apr 12, 2021 for a total of $1,300,000. If you work out the math, that's approximately a cost of $662.93 per sqft. Before that, the property was also sold for $202,000 in Sep 16, 1994. 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 $18,526 in taxes each year. 2963 Postwood Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,352,520. If we break it down further, the land itself was valued at $946,764. Improvements to the property, however, were assessed at a total of $405,756. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 378
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,099
  • Lot Size Depth Feet: 1,070
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,961
  • Gross Building Area: 1,361
  • Building Area: 1,961
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,961
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: NORTHWOOD PARK
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3465 NORTHWOOD PARK BOOK 163 PAGE 22 PAGE 23 LOT 341

Ownership

  • Current Owner : TSAI JUNG TAI
  • Current Owner 2: CHANG YYU PEI
  • Previous Owner : MORITA RICHARD
  • Previous Owner 2: MORITA DIANA G
  • Owner Before Previous Owner: WANG WILLIAM F K
  • Owner Before Previous Owner 2: WANG CLARA C S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Berryessa Union Elementary School District
  • Census Tract: 504410

Zoning

  • Zoning: R-1-8

Geography

  • Assessors Map Reference: 48-C5
  • Subdivision Tract Number: 3465
  • Parcel: 092-10-033
  • Lot: 341
  • Municipality: SAN JOSE
  • Latitude: 37.4124
  • Longitude: -121.876

    Address

  • Full Address: 2963 Postwood Dr
  • Address - House Number: 2963
  • Address - Street Name: Postwood
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C033
  • 4-Digit Zip Code: 1133
  • Zip Code: 95132

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,526
  • Tax Rate Code Area: 17-010

    Appraisal Valuation

  • Standard Deviation: 0.1746
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 71
  • Final Value: 1,614,621
  • High Value: 1,953,541
  • Low Value: 1,275,701

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,040,000
  • First Open Lien Mortgage Lender: PNC BANK NA
  • First Open Lien Mortgage Recording Date: Apr 23, 2021
  • First Open Lien Mortgage Loan Amount: $1,040,000
  • 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: 2023
  • Assessed Total Value: $1,352,520
  • Assessed Land Value: $946,764
  • Assessed Improvements Value: $405,756

    Sales

  • Current Sale Contract Date: Apr 12, 2021
  • Current Sale Recording Date: Apr 23, 2021
  • Current Sale Transaction ID: 11832594223
  • Current Sale Price: $1,300,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24933131
  • Previous Sale Recording Date: Sep 28, 1994
  • Previous Sale Contract Date: Sep 16, 1994
  • Previous Sale Amount: $202,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PNC BANK NA
  • First Mortgage Transaction Date: Apr 23, 2021
  • First Mortgage Loan Amount: $1,040,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: WORLD S/L
  • Previous Mortgage Transaction Date: Sep 28, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $161,600
  • Previous Mortgage Term: 480
  • Previous Mortgage Loan Due Date: Oct 01, 2034

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Frequently Asked Questions

What neighborhood is 2963 Postwood Drive located in?
The 2963 Postwood Drive is a located in the neighborhood of Capewood in Berryessa, San Jose.
What is the average sales price for listings in 2963 Postwood Drive?
The average sales price for units in 2963 Postwood Drive is $0 currently.

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