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3359 Payne Avenue

3359 Payne Avenue, San Jose, CA 95117
Multifamily in Eden
Sold Jun 06, 2019
$1,390,000
$834,000 by Wells Fargo Bank Na
Mortgage Due Jul 01, 2049
3359 Payne 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 1966 and is 58 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 3359 Payne Avenue has 2,392 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 1,200 ft and across the front of the lot is 620 ft. The area measurement of the land has been determined as 7,440 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Spanish 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 attached garage for those who require parking. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool 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 C by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. 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, 3359 Payne Avenue was last sold in May 22, 2019 for $1,390,000. According to our calculations, that's $581.10 per sqft. Current property owners are expected to pay $20,737 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2019. The property on 3359 Payne Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,490,359. To break that down further, the land itself was valued at $1,072,201. While improvements to the property were assessed at a total of $418,158. 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. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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
Open Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1966
  • Effective Year Built: 1966
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Spanish
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 7,440
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 620
  • Total Building Area: 2,392
  • Gross Building Area: 2,392
  • Building Area: 2,392
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,392
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: VALLEY SQUARE
  • Land Acres: 0.171
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: VALLEY SQUARE LOT 2

Ownership

  • Current Owner : HSIEH MARY ENG
  • Current Owner 2: HSIEH STEVEN H
  • Previous Owner : CADA CHARLES CARL CADA
  • Previous Owner 2: CADA DORIS MARGARET
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Campbell Union High School District
  • Census Tract: 506302

Zoning

  • Zoning: R2

Geography

  • Subdivision Tract Number: 3764
  • Parcel: 299-03-043
  • Municipality: SAN JOSE
  • Latitude: 37.3018
  • Longitude: -121.957

    Address

  • Full Address: 3359 Payne Ave
  • Address - House Number: 3359
  • Address - Street Name: Payne
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C011
  • 4-Digit Zip Code: 3047
  • Zip Code: 95117

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $20,737
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 17-046

    Appraisal Valuation

  • Standard Deviation: 0.4237
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 1,389,330
  • High Value: 1,977,989
  • Low Value: 800,670

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $834,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jun 06, 2019
  • First Open Lien Mortgage Loan Amount: $834,000
  • 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: Jul 01, 2049

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,490,359
  • Assessed Land Value: $1,072,201
  • Assessed Improvements Value: $418,158

    Sales

  • Current Sale Contract Date: May 22, 2019
  • Current Sale Recording Date: Jun 06, 2019
  • Current Sale Transaction ID: 11613085473
  • Current Sale Price: $1,390,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24197400

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jun 06, 2019
  • First Mortgage Loan Amount: $834,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2049

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Frequently Asked Questions

What neighborhood is 3359 Payne Avenue located in?
The 3359 Payne Avenue is a multifamily located in the neighborhood of Eden in Winchester, San Jose.
What is the average sales price for listings in 3359 Payne Avenue?
The average sales price for units in 3359 Payne Avenue is $0 currently.

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