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2968 Betsy Way

2968 Betsy Way, San Jose, CA 95133
Sold Mar 27, 2019
$670,000
Buyer
Seller
$600,000 by East West Bank
Mortgage
Sold Oct 25, 1999
$260,000
$252,200 by Downey S/l
Mortgage Due Nov 01, 2029
2968 Betsy Way in San Jose, CA was first built in 1939 and is 85 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. There are 3 partial bathrooms. 2968 Betsy Way has 1,498 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 540 ft and the linear feet between the front and back of the lot is 920. In total, the area measurement of the land is 4,968 square feet.

Learn more about the property and building on this page. There is a porch and a patio. The roof of the home is made of wood shake/ shingles. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. For those who need parking, there is a garage. The garage is 360 sqft. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The condition of the building has been evaluated as average. The exterior walls of the home are made of stucco. As for heating, the home 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, 2968 Betsy Way was last sold in Mar 21, 2019 for $670,000. According to our calculations, that's $447.26 per sqft. Prior to that sales transaction, the property was sold for $260,000 in Oct 18, 1999. Current property owners are expected to pay $13,503 in taxes per year. The property on 2968 Betsy Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $897,780. To break that down further, the land itself was valued at $471,767. While improvements to the property were assessed at a total of $426,013. 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. 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!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.

Building Features

Parking

Detached Garage
On-Street Parking
Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,968
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,498
  • Gross Building Area: 1,498
  • Building Area: 1,498
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 1,498
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Land Acres: 0.114
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 2959 BOOK 135 PAGE 30 LOT 48

Ownership

  • Current Owner : ZHU XUEYING
  • Previous Owner : GUZMAN STELLA
  • Owner Before Previous Owner: DIRKS HARLAN E AND JOAN H TRUSTEE
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Revocable Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alum Rock Union Elementary School District
  • Census Tract: 503804

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 55-E3
  • Subdivision Tract Number: 2959
  • Parcel: 592-14-041
  • Lot: 48
  • Municipality: SAN JOSE
  • Latitude: 37.3785
  • Longitude: -121.842

    Address

  • Full Address: 2968 Betsy Way
  • Address - House Number: 2968
  • Address - Street Name: Betsy
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Jose
  • Carrier Code: C017
  • 4-Digit Zip Code: 2009
  • Zip Code: 95133

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,503
  • Tax Rate Code Area: 17-007

    Appraisal Valuation

  • Standard Deviation: 0.2066
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,218,260
  • High Value: 1,470,017
  • Low Value: 966,504

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Jul 09, 2020
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $897,780
  • Assessed Land Value: $471,767
  • Assessed Improvements Value: $426,013

    Sales

  • Current Sale Contract Date: Mar 21, 2019
  • Current Sale Recording Date: Mar 27, 2019
  • Current Sale Transaction ID: 11591874239
  • Current Sale Price: $670,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24143557
  • Previous Sale Recording Date: Oct 25, 1999
  • Previous Sale Contract Date: Oct 18, 1999
  • Previous Sale Amount: $260,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BLUEBIRD HOMES LLC
  • First Mortgage Transaction Date: Mar 27, 2019
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage

    Previous Mortgages

  • Previous Mortgage Lender: DOWNEY S/L
  • Previous Mortgage Transaction Date: Oct 25, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $252,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Nov 01, 2029

About Alum Rock



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Frequently Asked Questions

What neighborhood is 2968 Betsy Way located in?
The 2968 Betsy Way is a house located in the neighborhood of Mayglen-Little Rock in Alum Rock, San Jose.
What is the average sales price for listings in 2968 Betsy Way?
The average sales price for units in 2968 Betsy Way is $0 currently.

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