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5863 Marshwell Way

5863 Marshwell Way, San Jose, CA 95138
Property in Silver Leaf
Sold May 11, 2022
$1,330,000
$1,064,000 by Star One Credit Union
Mortgage Due Jun 01, 2052
Sold May 06, 2014
$561,000
$445,500 by Princeton Capital
Mortgage Due May 01, 2044
5863 Marshwell Way in San Jose, CA was first built in 1982 and is 42 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 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 5863 Marshwell Way has 1,187 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 500 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 5,000 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 tile. 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 456 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. 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. 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, 5863 Marshwell Way sold most recently in Apr 29, 2022 for a total of $1,330,000. If you work out the math, that's approximately a cost of $1,120.47 per sqft. Before that, the property was also sold for $561,000 in Apr 21, 2014. 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 $9,709 in taxes each year. 5863 Marshwell Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,356,600. If we break it down further, the land itself was valued at $949,620. Improvements to the property, however, were assessed at a total of $406,980. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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!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: 1982
  • Effective Year Built: 1982
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 456
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 5,000
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,187
  • Gross Building Area: 1,187
  • Building Area: 1,187
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,187
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 6738
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6738 BOOK 471 PAGE 30 PAGE 31 LOT 40

Ownership

  • Current Owner : VELU SIDDHARTH
  • Current Owner 2: MASCARENHAS MELANIE TINA
  • Previous Owner : JEANNE DESKINS CAROL
  • Owner Before Previous Owner: CLARKE ROGER L
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: East Side Union High School District
  • Census Tract: 512039

Zoning

  • Zoning: R1B6

Geography

  • Assessors Map Reference: 72-E2
  • Subdivision Tract Number: 6738
  • Parcel: 678-48-047
  • Lot: 40
  • Municipality: SAN JOSE
  • Latitude: 37.245
  • Longitude: -121.784

    Address

  • Full Address: 5863 Marshwell Way
  • Address - House Number: 5863
  • Address - Street Name: Marshwell
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Jose
  • Carrier Code: C002
  • 4-Digit Zip Code: 1807
  • Zip Code: 95138

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,709
  • Tax Rate Code Area: 17-059

    Appraisal Valuation

  • Standard Deviation: 0.1999
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,318,121
  • High Value: 1,581,672
  • Low Value: 1,054,571

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,064,000
  • First Open Lien Mortgage Lender: STAR ONE CREDIT UNION
  • First Open Lien Mortgage Recording Date: May 11, 2022
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,064,000
  • 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: $1,356,600
  • Assessed Land Value: $949,620
  • Assessed Improvements Value: $406,980

    Sales

  • Current Sale Contract Date: Apr 29, 2022
  • Current Sale Recording Date: May 11, 2022
  • Current Sale Transaction ID: 11887497266
  • Current Sale Price: $1,330,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25300346
  • Previous Sale Recording Date: May 06, 2014
  • Previous Sale Contract Date: Apr 21, 2014
  • Previous Sale Amount: $561,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: STAR ONE CREDIT UNION
  • First Mortgage Transaction Date: May 11, 2022
  • First Mortgage Loan Amount: $1,064,000
  • 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: PRINCETON CAPITAL
  • Previous Mortgage Transaction Date: May 06, 2014
  • Previous Mortgage Loan Amount: $445,500
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: May 01, 2044

About Edenvale



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Frequently Asked Questions

What neighborhood is 5863 Marshwell Way located in?
The 5863 Marshwell Way is a located in the neighborhood of Silver Leaf in Edenvale, San Jose.
What is the average sales price for listings in 5863 Marshwell Way?
The average sales price for units in 5863 Marshwell Way is $0 currently.

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