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401 Patch Avenue

401 Patch Avenue, San Jose, CA 95128
Property in Burbank
Sold Dec 28, 2021
$1,325,000
$800,000 by Pmac Lending Services Inc
Mortgage Due Jan 01, 2052
Sold Nov 23, 2015
$835,000
$668,000 by Wells Fargo Bank Na
Mortgage Due Dec 01, 2045
401 Patch Avenue in San Jose, CA was first built in 1948 and is 76 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. There are a total of 7 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 401 Patch Avenue has 1,282 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 560 ft and the linear feet between the front and back of the lot is 1,190. In total, the area measurement of the land is 6,664 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 composition shingle. 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 262 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 C. The condition of the building has been evaluated as average. The exterior walls of the home are made of wood siding. As for heating, the home is utilizing a heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 401 Patch Avenue was last sold in Dec 15, 2021 for $1,325,000. According to our calculations, that's $1,033.54 per sqft. Prior to that sales transaction, the property was sold for $835,000 in Nov 9, 2015. Current property owners are expected to pay $16,936 in taxes per year. The property on 401 Patch Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,085,000. To break that down further, the land itself was valued at $813,700. While improvements to the property were assessed at a total of $271,300. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1948
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 262
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 6,664
  • Lot Size Depth Feet: 1,190
  • Lot Size Frontage Feet: 560
  • Total Building Area: 1,282
  • Gross Building Area: 934
  • Building Area: 1,282
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,282
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: BRADLEY MANOR
  • Land Acres: 0.153
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 243 BRADLEY MANOR BOOK 8 PAGE 20 PAGE 21 LOT 498

Ownership

  • Current Owner : JIA BIN
  • Current Owner 2: CHEN CHAO
  • Previous Owner : CHEN YANQING
  • Previous Owner 2: LI CHEN
  • Owner Before Previous Owner: BLACK ROBERT W
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Campbell Union Elementary School District
  • Census Tract: 502001

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 61-C4
  • Subdivision Tract Number: 243
  • Parcel: 277-01-032
  • Lot: 498
  • Municipality: UNINCORPORATED
  • Latitude: 37.3215
  • Longitude: -121.939

    Address

  • Full Address: 401 Patch Ave
  • Address - House Number: 401
  • Address - Street Name: Patch
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C006
  • 4-Digit Zip Code: 2143
  • Zip Code: 95128

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,936
  • Tax Rate Code Area: 62-014

    Appraisal Valuation

  • Standard Deviation: 0.2047
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,296,710
  • High Value: 1,562,175
  • Low Value: 1,031,245

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Dec 28, 2021
  • First Open Lien Mortgage Loan Amount: $800,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,085,000
  • Assessed Land Value: $813,700
  • Assessed Improvements Value: $271,300

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 15, 2021
  • Current Sale Recording Date: Dec 28, 2021
  • Current Sale Transaction ID: 11875810430
  • Current Sale Price: $1,325,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25205282
  • Previous Sale Recording Date: Nov 23, 2015
  • Previous Sale Contract Date: Nov 09, 2015
  • Previous Sale Amount: $835,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PMAC LENDING SERVICES INC
  • First Mortgage Transaction Date: Dec 28, 2021
  • First Mortgage Loan Amount: $800,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Nov 23, 2015
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $668,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Dec 01, 2045

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Frequently Asked Questions

What neighborhood is 401 Patch Avenue located in?
The 401 Patch Avenue is a located in the neighborhood of Burbank in Central San Jose, San Jose.
What is the average sales price for listings in 401 Patch Avenue?
The average sales price for units in 401 Patch Avenue is $0 currently.

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