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3295 Locke Drive

3295 Locke Drive, San Jose, CA 95111
Multifamily in Locke
Sold Oct 25, 2016
$740,000
Local assessors in San Jose, CA have categorized 3295 Locke Drive as a residential type of property. The home was built in 1970 and is 54 years old. The property's lot size has been calculated to be 7,200 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 600 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. 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 3295 Locke Drive has a total of 2,368 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 attached garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. Residents rely on no air conditioning for their cooling system. The home's no heating system is the primary heating source and it is being fueled with nothing. 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, 3295 Locke Drive sold most recently in Oct 21, 2016 for a total of $740,000. If you work out the math, that's approximately a cost of $312.50 per sqft. 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 $19,341 in taxes each year. 3295 Locke 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 $988,380. Improvements to the property, however, were assessed at a total of $364,140. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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

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

Building Info

Overview

    General

  • Year Built: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,200
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,368
  • Gross Building Area: 2,368
  • Building Area: 2,368
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 2,368
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.165
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 33

Ownership

  • Current Owner : TRAN TUAN SY
  • Current Owner 2: HO UYENCHI THI
  • Previous Owner : LE TUOI THI
  • Previous Owner 2: LE TUOI T

Neighborhood

  • School District Name: Franklin-McKinley Elementary School District
  • Census Tract: 503210

Zoning

  • Zoning: R3H

Geography

  • Subdivision Tract Number: 3802
  • Parcel: 494-40-033
  • Municipality: SAN JOSE
  • Latitude: 37.2946
  • Longitude: -121.826

    Address

  • Full Address: 3295 Locke Dr
  • Address - House Number: 3295
  • Address - Street Name: Locke
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C017
  • 4-Digit Zip Code: 1322
  • Zip Code: 95111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $19,341
  • Tax Rate Code Area: 17-031

    Appraisal Valuation

  • Standard Deviation: 0.4237
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 1,272,150
  • High Value: 1,811,160
  • Low Value: 733,139

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,352,520
  • Assessed Land Value: $988,380
  • Assessed Improvements Value: $364,140

    Sales

  • Current Sale Contract Date: Oct 21, 2016
  • Current Sale Recording Date: Oct 25, 2016
  • Current Sale Transaction ID: 1833187002
  • Current Sale Price: $740,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23476630

    Last Sale Mortgage

  • First Mortgage Lender: WESLEND FINANCIAL CORP
  • First Mortgage Transaction Date: Oct 25, 2016
  • First Mortgage Loan Amount: $518,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

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Frequently Asked Questions

What neighborhood is 3295 Locke Drive located in?
The 3295 Locke Drive is a multifamily located in the neighborhood of Locke in South San Jose, San Jose.
What is the average sales price for listings in 3295 Locke Drive?
The average sales price for units in 3295 Locke Drive is $0 currently.

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