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5491 Lean Avenue

5491 Lean Avenue, San Jose, CA 95123
Property in Oak Grove
Sold Jun 25, 1998
$62,863
$217,500 by World S/l
Mortgage Due Jun 01, 2027
Sold May 23, 1997
$290,000
$217,500 by World S/l
Mortgage Due Jun 01, 2027
5491 Lean Avenue 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 1979 and is 45 years old. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 5491 Lean Avenue has 2,628 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 600 ft. The area measurement of the land has been determined as 8,400 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a multifamily 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 attached garage for those who require parking. According to our sources, there are a total of 3 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. 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 C by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water system. The property was last sold in May 29, 1998 for $62,863. That's $23.92 per sqft. Prior to that sales transaction, the property was also sold in May 13, 1997 for $290,000. 5491 Lean Avenue was last assessed in 2023. The total value of the property was assessed at $510,124. Specifically, the land the property is located on was valued at $231,424. While improvements on the property were assessed at a total of $278,700. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,530. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1979
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Multifamily
  • Floor Count: 1
  • Living Units: 2
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 8,400
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 600
  • Total Building Area: 2,628
  • Gross Building Area: 2,628
  • Building Area: 2,628
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,628
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.193
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 11

Ownership

  • Current Owner : BEALU TEFERI
  • Current Owner 2: GELAGAY TSEHAY
  • Previous Owner : BEALU TEFERI
  • Previous Owner 2: GELAGAY TSEHAY
  • Owner Before Previous Owner: RAYMOND LEW
  • Owner Before Previous Owner 2: LEW HARRY
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: East Side Union High School District
  • Census Tract: 512023

Zoning

  • Zoning: R2

Geography

  • Subdivision Tract Number: 5938
  • Parcel: 690-29-012
  • Municipality: SAN JOSE
  • Latitude: 37.2543
  • Longitude: -121.818

    Address

  • Full Address: 5491 Lean Ave
  • Address - House Number: 5491
  • Address - Street Name: Lean
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C016
  • 4-Digit Zip Code: 6100
  • Zip Code: 95123

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,530
  • Tax Rate Code Area: 17-063

    Appraisal Valuation

  • Standard Deviation: 0.4237
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 15
  • Final Value: 556,020
  • High Value: 791,605
  • Low Value: 320,434

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $217,500
  • First Open Lien Mortgage Lender: WORLD S/L
  • First Open Lien Mortgage Recording Date: May 23, 1997
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $217,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2027

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,124
  • Assessed Land Value: $231,424
  • Assessed Improvements Value: $278,700

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 29, 1998
  • Current Sale Recording Date: Jun 25, 1998
  • Current Sale Transaction ID: 1050189478
  • Current Sale Price: $62,863
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14252867
  • Previous Sale Recording Date: May 23, 1997
  • Previous Sale Contract Date: May 13, 1997
  • Previous Sale Amount: $290,000
  • Previous Sale Document Type: Individual Deed

    Previous Mortgages

  • Previous Mortgage Lender: WORLD S/L
  • Previous Mortgage Transaction Date: May 23, 1997
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $217,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2027

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Frequently Asked Questions

What neighborhood is 5491 Lean Avenue located in?
The 5491 Lean Avenue is a located in the neighborhood of Oak Grove in Edenvale, San Jose.
What is the average sales price for listings in 5491 Lean Avenue?
The average sales price for units in 5491 Lean Avenue is $0 currently.

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