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3480 Loes Way

3480 Loes Way, San Jose, CA 95127
House in Candlestick
Sold Aug 02, 2021
$1,600,000
$1,040,000 by Newrez Llc
Mortgage Due Aug 01, 2051
Sold Jun 30, 1998
$150,000
$97,500 by Sonoma National Bank
Mortgage
3480 Loes Way 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 2000 and is 24 years old. However, we must point out that the home was most recently renovated and altered in 2002. The home has a total of 9 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 4 partial bathrooms in the home. The building has a total of 2 stories. In addition, 3480 Loes Way has 3,037 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 13,503 square feet.

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 garage for those who require parking. The garage measured 697 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a screened patio. Moving on to the building itself. The condition of the building has been evaluated as good. 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 B by the local assessor. In terms of heating, it is utilizing a heating system. 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, 3480 Loes Way sold most recently in Jul 9, 2021 for a total of $1,600,000. If you work out the math, that's approximately a cost of $526.84 per sqft. Before that, the property was also sold for $150,000 in Jun 22, 1998. 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 $22,199 in taxes each year. 3480 Loes Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,632,000. If we break it down further, the land itself was valued at $1,122,000. Improvements to the property, however, were assessed at a total of $510,000. The property's total assessed value has been marked as more than the total market value 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!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
Guest Parking
On-Street Parking
Oversized Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2000
  • Effective Year Built: 2002
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 780
  • Garage Type: Garage
  • Garage Square Area: 697
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 13,503
  • Total Building Area: 3,037
  • Gross Building Area: 2,209
  • Building Area: 3,037
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,037
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LOT LINE ADJUSTMENT
  • Land Acres: 0.31
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : PLATON REUBEN
  • Current Owner 2: RAMIREZ MARY JEAN
  • Previous Owner : KALBALI ALL ASGHAR
  • Previous Owner 2: ALL ASGHAR KALBALI LIVING TRUS
  • Owner Before Previous Owner: MARIA RUCKMAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Alum Rock Union Elementary School District
  • Census Tract: 504102

Zoning

  • Zoning: R1-8

Geography

  • Parcel: 601-33-097
  • Municipality: SAN JOSE
  • Latitude: 37.3666
  • Longitude: -121.811

    Address

  • Full Address: 3480 Loes Way
  • Address - House Number: 3480
  • Address - Street Name: Loes
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Jose
  • Carrier Code: C026
  • 4-Digit Zip Code: 3437
  • Zip Code: 95127

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,199
  • Tax Rate Code Area: 17-007

    Appraisal Valuation

  • Standard Deviation: 0.0776
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 94
  • Final Value: 1,738,226
  • High Value: 1,873,265
  • Low Value: 1,603,187

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,040,000
  • First Open Lien Mortgage Lender: NEWREZ LLC
  • First Open Lien Mortgage Recording Date: Aug 02, 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: Aug 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,632,000
  • Assessed Land Value: $1,122,000
  • Assessed Improvements Value: $510,000

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jul 09, 2021
  • Current Sale Recording Date: Aug 02, 2021
  • Current Sale Transaction ID: 11846364696
  • Current Sale Price: $1,600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25051520
  • Previous Sale Recording Date: Jun 30, 1998
  • Previous Sale Contract Date: Jun 22, 1998
  • Previous Sale Amount: $150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NEWREZ LLC
  • First Mortgage Transaction Date: Aug 02, 2021
  • First Mortgage Loan Amount: $1,040,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: SONOMA NATIONAL BANK
  • Previous Mortgage Transaction Date: Jun 30, 1998
  • Previous Mortgage Loan Amount: $97,500
  • Previous Mortgage Term: 360

About Alum Rock



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Frequently Asked Questions

What neighborhood is 3480 Loes Way located in?
The 3480 Loes Way is a house located in the neighborhood of Candlestick in Alum Rock, San Jose.
What is the average sales price for listings in 3480 Loes Way?
The average sales price for units in 3480 Loes Way is $0 currently.

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