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2987 Luedke Place

2987 Luedke Place, San Jose, CA 95111
Property in South San Jose
Sold Nov 04, 2022
$1,180,000
Buyer
Seller
$905,000 by Nmsi, Inc.
Mortgage Due Jun 01, 2053
Sold Nov 18, 2015
$657,000
$427,000 by Sterling Bank & Trust Fsb
Mortgage Due Dec 01, 2045
Local assessors in San Jose, CA have categorized 2987 Luedke Place as a residential type of property. The home was built in 1998 and is 26 years old. The property's lot size has been calculated to be 3,549 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. 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, 4 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 2 full bathrooms. There are also 3 partial bathrooms. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2987 Luedke Place has a total of 1,811 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 389 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 porch and a patio 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 good. 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. 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, 2987 Luedke Place was last sold in Oct 31, 2022 for $1,180,000. According to our calculations, that's $651.57 per sqft. Prior to that sales transaction, the property was sold for $657,000 in Oct 22, 2015. Current property owners are expected to pay $10,959 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2021. The property on 2987 Luedke Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,180,000. To break that down further, the land itself was valued at $590,000. While improvements to the property were assessed at a total of $590,000. 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. 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. 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

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

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 389
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 3,549
  • Total Building Area: 1,811
  • Gross Building Area: 801
  • Building Area: 1,811
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,811
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.082
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 8893 BOOK 689 PAGE 5 PAGE 8 LOT 33

Ownership

  • Current Owner : CHEN JIANGUO
  • Previous Owner : ZONG
  • Previous Owner 2: LI
  • Owner Before Previous Owner: CABAGBAG VICTOR
  • Owner Before Previous Owner 2: CABAGBAG ZENAIDA V
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Franklin-McKinley Elementary School District
  • Census Tract: 503219

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 8893
  • Parcel: 497-57-025
  • Lot: 33
  • Municipality: SAN JOSE
  • Latitude: 37.2906
  • Longitude: -121.845

    Address

  • Full Address: 2987 Luedke Pl
  • Address - House Number: 2987
  • Address - Street Name: Luedke
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: San Jose
  • Carrier Code: C033
  • 4-Digit Zip Code: 4607
  • Zip Code: 95111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,959
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 17-038

    Appraisal Valuation

  • Standard Deviation: 0.1966
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,188,179
  • High Value: 1,421,846
  • Low Value: 954,512

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $905,000
  • First Open Lien Mortgage Lender: NMSI, INC.
  • First Open Lien Mortgage Recording Date: May 18, 2023
  • First Open Lien Mortgage Loan Amount: $905,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Building or Construction Loan
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,180,000
  • Assessed Land Value: $590,000
  • Assessed Improvements Value: $590,000

    Sales

  • Current Sale Contract Date: Oct 31, 2022
  • Current Sale Recording Date: Nov 04, 2022
  • Current Sale Transaction ID: 11898238764
  • Current Sale Price: $1,180,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25396256
  • Previous Sale Recording Date: Nov 18, 2015
  • Previous Sale Contract Date: Oct 22, 2015
  • Previous Sale Amount: $657,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ROCKET MORTGAGE LLC
  • First Mortgage Transaction Date: Nov 04, 2022
  • First Mortgage Loan Amount: $944,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: STERLING BANK & TRUST FSB
  • Previous Mortgage Transaction Date: Nov 18, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $427,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2045

About South San Jose



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Frequently Asked Questions

What neighborhood is 2987 Luedke Place located in?
The 2987 Luedke Place 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 2987 Luedke Place?
The average sales price for units in 2987 Luedke Place is $0 currently.

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