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5337 Silver Point Way

5337 Silver Point Way, San Jose, CA 95138
Property in Silver Creek
Sold May 16, 2022
$1,140,000
$798,000 by Fremont Bank
Mortgage Due Jun 01, 2052
Sold Apr 10, 2019
$950,000
$759,050 by General Mortgage Capital Corp
Mortgage Due May 01, 2049
5337 Silver Point 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 1995 and is 29 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5337 Silver Point Way has 1,590 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 435 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 garage for those who require parking. The garage measured 457 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. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. 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, 5337 Silver Point Way sold most recently in May 11, 2022 for a total of $1,140,000. If you work out the math, that's approximately a cost of $716.98 per sqft. Before that, the property was also sold for $950,000 in Mar 13, 2019. 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 $14,817 in taxes each year. 5337 Silver Point Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,135,000. If we break it down further, the land itself was valued at $567,500. Improvements to the property, however, were assessed at a total of $567,500. 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
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1995
  • Effective Year Built: 1995
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Condo
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 457
  • Parking Space Count: 2
  • Patio Type: Patio - screened
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 435
  • Total Building Area: 1,590
  • Gross Building Area: 1,590
  • Building Area: 1,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RIVIERA CONDOS PH 04 & 05
  • Land Acres: 0.01
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 8549 RIVIERA CONDOS PHASES 4 & 5

Ownership

  • Current Owner : FEI JIA
  • Current Owner 2: YU JIANYI
  • Previous Owner : SHEILA L LOANZON LIVING TRUST
  • Owner Before Previous Owner: RICE GREGORY SCOTT
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Evergreen Elementary School District
  • Census Tract: 503338

Zoning

  • Zoning: A-PD

Geography

  • Subdivision Tract Number: 8549
  • Parcel: 680-24-084
  • Block: 41
  • Lot: 8
  • Municipality: SAN JOSE
  • Latitude: 37.2797
  • Longitude: -121.768

    Address

  • Full Address: 5337 Silver Point Way
  • Address - House Number: 5337
  • Address - Street Name: Silver Point
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Jose
  • Carrier Code: R008
  • 4-Digit Zip Code: 2332
  • Zip Code: 95138

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,817
  • Tax Rate Code Area: 17-028

    Appraisal Valuation

  • Standard Deviation: 0.1941
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,266,568
  • High Value: 1,512,479
  • Low Value: 1,020,657

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $798,000
  • First Open Lien Mortgage Lender: FREMONT BANK
  • First Open Lien Mortgage Recording Date: May 16, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $798,000
  • 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: Jun 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,135,000
  • Assessed Land Value: $567,500
  • Assessed Improvements Value: $567,500

    Sales

  • Current Sale Contract Date: May 11, 2022
  • Current Sale Recording Date: May 16, 2022
  • Current Sale Transaction ID: 11887521172
  • Current Sale Price: $1,140,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25303488
  • Previous Sale Recording Date: Apr 10, 2019
  • Previous Sale Contract Date: Mar 13, 2019
  • Previous Sale Amount: $950,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT BANK
  • First Mortgage Transaction Date: May 16, 2022
  • First Mortgage Loan Amount: $798,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2052

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • Previous Mortgage Transaction Date: Apr 10, 2019
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $759,050
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: May 01, 2049

About Evergreen



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Frequently Asked Questions

What neighborhood is 5337 Silver Point Way located in?
The 5337 Silver Point Way is a other located in the neighborhood of Silver Creek in Evergreen, San Jose.
What is the average sales price for listings in 5337 Silver Point Way?
The average sales price for units in 5337 Silver Point Way is $0 currently.

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