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5874 Impact Lane

5874 Impact Lane, San Jose, CA 95119
Property in Edenvale
Sold Sep 12, 2019
$1,098,500
$713,000 by General Mortgage Capital Corp
Mortgage Due Feb 01, 2051
Local assessors in San Jose, CA have categorized 5874 Impact Lane as a residential type of property. The home was built in 2019 and is 5 years old. The property's lot size has been calculated to be 1,911 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom 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, 4 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 3 full bathrooms. There are also 4 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 5874 Impact Lane has a total of 2,454 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 400 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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. 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, 5874 Impact Lane sold most recently in Aug 13, 2019 for a total of $1,098,500. If you work out the math, that's approximately a cost of $447.64 per sqft. 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 $16,492 in taxes each year. 5874 Impact Lane was most recently assessed in 2022. During this assessment, the property's total value was estimated to be about $1,131,968. If we break it down further, the land itself was valued at $565,984. Improvements to the property, however, were assessed at a total of $565,984. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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: 2019
  • Effective Year Built: 2019
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 3
  • Partial Bathrooms: 4
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 400
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 1,911
  • Total Building Area: 2,454
  • Gross Building Area: 2,454
  • Building Area: 2,454
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,454
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 10466 URBAN OAK-RESIDENCES
  • Land Acres: 0.044
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : YANG HENG
  • Current Owner 2: SHEN PENGNA
  • Previous Owner : PULTE HOME COMPANY LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • Census Tract: 512059

Zoning

  • Zoning: I

Geography

  • Subdivision Tract Number: 10466
  • Parcel: 706-56-016
  • Municipality: SAN JOSE
  • Latitude: 37.2421
  • Longitude: -121.787

    Address

  • Full Address: 5874 Impact Ln
  • Address - House Number: 5874
  • Address - Street Name: Impact
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: San Jose
  • Carrier Code: C005
  • 4-Digit Zip Code: 1752
  • Zip Code: 95119

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,492
  • Tax Rate Code Area: 17-060

    Appraisal Valuation

  • Standard Deviation: 0.1947
  • Valuation Date: May 17, 2023
  • Confidence Score: 74
  • Final Value: 1,674,118
  • High Value: 2,000,071
  • Low Value: 1,348,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $713,000
  • First Open Lien Mortgage Lender: GENERAL MORTGAGE CAPITAL CORP
  • First Open Lien Mortgage Recording Date: Jan 28, 2021
  • First Open Lien Mortgage Loan Amount: $713,000
  • 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: Feb 01, 2051

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,131,968
  • Assessed Land Value: $565,984
  • Assessed Improvements Value: $565,984

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 13, 2019
  • Current Sale Recording Date: Sep 12, 2019
  • Current Sale Transaction ID: 11644411901
  • Current Sale Price: $1,098,500
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24278852

    Last Sale Mortgage

  • First Mortgage Lender: PULTE MORTGAGE LLC
  • First Mortgage Transaction Date: Sep 12, 2019
  • First Mortgage Loan Amount: $726,525
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2049

About Edenvale



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Frequently Asked Questions

What neighborhood is 5874 Impact Lane located in?
The 5874 Impact Lane is a located in the neighborhood of Edenvale in Edenvale, San Jose.
What is the average sales price for listings in 5874 Impact Lane?
The average sales price for units in 5874 Impact Lane is $0 currently.

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