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498 Archcove Court

498 Archcove Court, San Jose, CA 95111
Sold Apr 28, 2021
$750,000
$600,000 by Cmg Mortgage Inc
Mortgage Due May 01, 2051
Sold Mar 29, 1995
$215,000
$204,200 by Comunity Lending
Mortgage Due Apr 01, 2025
498 Archcove Court in San Jose, CA was first built in 1981 and is 43 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 8 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. 498 Archcove Court has 1,594 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 680 ft and the linear feet between the front and back of the lot is 1,080. In total, the area measurement of the land is 7,344 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 wood shake/ shingles. 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 498 sqft. There are a total of 2 available parking spaces. 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 stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a heating system and being fueled with gas. 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. 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, 498 Archcove Court sold most recently in Apr 23, 2021 for a total of $750,000. If you work out the math, that's approximately a cost of $470.51 per sqft. Before that, the property was also sold for $215,000 in Mar 14, 1995. 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 $13,688 in taxes each year. 498 Archcove Court was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $988,380. If we break it down further, the land itself was valued at $832,320. Improvements to the property, however, were assessed at a total of $156,060. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1981
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 498
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,344
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 680
  • Total Building Area: 1,594
  • Gross Building Area: 1,594
  • Building Area: 1,594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,594
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NON 6882
  • Land Acres: 0.169
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6882 BOOK 470 PAGE 19 PAGE 21 LOT 45

Ownership

  • Current Owner : RAMIREZ JOSE G
  • Current Owner 2: RAMIREZ ELIZABETH
  • Previous Owner : SLOAN JEFFERY MICHAEL
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: East Side Union High School District
  • Census Tract: 512001

Zoning

  • Zoning: R1-2P

Geography

  • Assessors Map Reference: 68-C5
  • Subdivision Tract Number: 6882
  • Parcel: 678-19-039
  • Lot: 45
  • Municipality: SAN JOSE
  • Latitude: 37.272
  • Longitude: -121.798

    Address

  • Full Address: 498 Archcove Ct
  • Address - House Number: 498
  • Address - Street Name: Archcove
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: San Jose
  • Carrier Code: C001
  • 4-Digit Zip Code: 1736
  • Zip Code: 95111

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,688
  • Tax Rate Code Area: 17-059

    Appraisal Valuation

  • Standard Deviation: 0.2074
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 71
  • Final Value: 1,180,927
  • High Value: 1,425,952
  • Low Value: 935,901

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $800,000
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Apr 28, 2021
  • First Open Lien Mortgage Loan Amount: $600,000
  • 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: May 01, 2051
  • Second Open Lien Mortgage Lender: PROVIDENT CREDIT UNION
  • Second Open Lien Mortgage Recording Date: May 27, 2022
  • Second Open Lien Mortgage Financing Type: Adjustable Rate
  • Second Open Lien Mortgage Loan Amount: $200,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $988,380
  • Assessed Land Value: $832,320
  • Assessed Improvements Value: $156,060

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: Apr 28, 2021
  • Current Sale Transaction ID: 11832795799
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24940923
  • Previous Sale Recording Date: Mar 29, 1995
  • Previous Sale Contract Date: Mar 14, 1995
  • Previous Sale Amount: $215,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Apr 28, 2021
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: COMUNITY LENDING
  • Previous Mortgage Transaction Date: Mar 29, 1995
  • Previous Mortgage Loan Amount: $204,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Apr 01, 2025

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 498 Archcove Court located in?
The 498 Archcove Court is a located in the neighborhood of Coyote-Fontanelle in Edenvale, San Jose.
What is the average sales price for listings in 498 Archcove Court?
The average sales price for units in 498 Archcove Court is $0 currently.

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