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4786 Portola Redwood Lane

4786 Portola Redwood Lane, San Jose, CA 95124
Property in Cambrian
Sold Oct 29, 2020
$960,000
$768,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2050
Sold Mar 14, 2016
$907,000
$725,500 by Xceed Financial Fcu
Mortgage Due Apr 01, 2046
Local assessors in San Jose, CA have categorized 4786 Portola Redwood Lane as a residential type of property. The home was built in 2007 and is 17 years old. It was most recently renovated and altered in 2008. The property's lot size has been calculated to be 1,714 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 2 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 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 4786 Portola Redwood Lane has a total of 1,464 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 462 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. 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 - B. Residents rely on air conditioning for their cooling system. The home's a forced air unit is the primary heating source. 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, 4786 Portola Redwood Lane sold most recently in Oct 23, 2020 for a total of $960,000. If you work out the math, that's approximately a cost of $655.74 per sqft. Before that, the property was also sold for $907,000 in Mar 2, 2016. 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 $13,524 in taxes each year. 4786 Portola Redwood Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $998,784. If we break it down further, the land itself was valued at $499,392. Improvements to the property, however, were assessed at a total of $499,392. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2007
  • Effective Year Built: 2008
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 1
  • Basement Type: Unspecified basement
  • Basement Area: 293
  • Garage Type: Garage
  • Garage Square Area: 462
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 1,714
  • Total Building Area: 1,464
  • Gross Building Area: 1,464
  • Building Area: 1,464
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,464
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: GARDEN COLLECTION AT PARKWOOD
  • Land Acres: 0.039
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 9835

Ownership

  • Current Owner : MICHELLE SALAH
  • Previous Owner : JUNGHYUN KWON
  • Previous Owner 2: JUNGMI NAM JUNGMI
  • Owner Before Previous Owner: DORF LEONID A
  • Owner Before Previous Owner 2: KNYAZEVA ELENA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Union Elementary School District
  • Census Tract: 502704

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 9835
  • Parcel: 421-42-093
  • Lot: 89
  • Municipality: SAN JOSE
  • Latitude: 37.2512
  • Longitude: -121.938

    Address

  • Full Address: 4786 Portola Redwood Ln
  • Address - House Number: 4786
  • Address - Street Name: Portola Redwood
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: San Jose
  • Carrier Code: C001
  • 4-Digit Zip Code: 4408
  • Zip Code: 95124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,524
  • Tax Rate Code Area: 17-076

    Appraisal Valuation

  • Standard Deviation: 0.1902
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,048,599
  • High Value: 1,248,072
  • Low Value: 849,126

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $768,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Oct 29, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $768,000
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $998,784
  • Assessed Land Value: $499,392
  • Assessed Improvements Value: $499,392

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 23, 2020
  • Current Sale Recording Date: Oct 29, 2020
  • Current Sale Transaction ID: 11795442788
  • Current Sale Price: $960,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24677432
  • Previous Sale Recording Date: Mar 14, 2016
  • Previous Sale Contract Date: Mar 02, 2016
  • Previous Sale Amount: $907,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Oct 29, 2020
  • First Mortgage Loan Amount: $768,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: XCEED FINANCIAL FCU
  • Previous Mortgage Transaction Date: Mar 14, 2016
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $725,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Apr 01, 2046

About Cambrian



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Unit for rent at 3727 Kersten Dr, SAN JOSE, CA, 95124

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3727 Kersten Dr, SAN JOSE, CA, 95124 Listing by Steve Rumberg

Frequently Asked Questions

What neighborhood is 4786 Portola Redwood Lane located in?
The 4786 Portola Redwood Lane is a located in the neighborhood of Cambrian in Cambrian, San Jose.
What is the average sales price for listings in 4786 Portola Redwood Lane?
The average sales price for units in 4786 Portola Redwood Lane is $0 currently.

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