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5963 Porto Alegre Drive

5963 Porto Alegre Drive, San Jose, CA 95120
Sold Jul 29, 2016
$1,501,000
$700,000 by Wells Fargo Bank Na
Mortgage Due Aug 01, 2046
5963 Porto Alegre Drive 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 1986 and is 38 years old. The home has a total of 11 rooms. 5 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 5963 Porto Alegre Drive has 2,989 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 1,220 ft and across the front of the lot is 700 ft. The area measurement of the land has been determined as 8,540 square feet.

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 615 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 patio. 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 B by the local assessor. In terms of heating, it is utilizing a heating system. 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, 5963 Porto Alegre Drive sold most recently in Jul 21, 2016 for a total of $1,501,000. If you work out the math, that's approximately a cost of $502.17 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 $21,233 in taxes each year. 5963 Porto Alegre Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,674,264. If we break it down further, the land itself was valued at $1,088,187. Improvements to the property, however, were assessed at a total of $586,077. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1986
  • Effective Year Built: 1986
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 615
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,540
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 700
  • Total Building Area: 2,989
  • Gross Building Area: 1,578
  • Building Area: 2,989
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,989
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: AMENDED MAP OF TRACT NO 6656
  • Land Acres: 0.196
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 6656 AMENDED BOOK 540 PAGE 1 PAGE 3 LOT 36

Ownership

  • Current Owner : LAU EDMOND WAI MING
  • Current Owner 2: LAU LINDA KIM
  • Previous Owner : CHO NANCY B H
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 511914

Zoning

  • Zoning: A-PD

Geography

  • Assessors Map Reference: 72-C3
  • Subdivision Tract Number: 6656
  • Parcel: 577-53-030
  • Lot: 36
  • Municipality: SAN JOSE
  • Latitude: 37.238
  • Longitude: -121.875

    Address

  • Full Address: 5963 Porto Alegre Dr
  • Address - House Number: 5963
  • Address - Street Name: Porto Alegre
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C029
  • 4-Digit Zip Code: 1752
  • Zip Code: 95120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $21,233
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,312,254
  • High Value: 2,772,036
  • Low Value: 1,852,472

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $700,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: Jul 29, 2016
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Aug 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,674,264
  • Assessed Land Value: $1,088,187
  • Assessed Improvements Value: $586,077

    Sales

  • Current Sale Contract Date: Jul 21, 2016
  • Current Sale Recording Date: Jul 29, 2016
  • Current Sale Transaction ID: 1671779998
  • Current Sale Price: $1,501,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 23384532

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: Jul 29, 2016
  • First Mortgage Loan Amount: $700,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2046

About Almaden



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Frequently Asked Questions

What neighborhood is 5963 Porto Alegre Drive located in?
The 5963 Porto Alegre Drive is a located in the neighborhood of Guadalupe Oak Grove in Almaden, San Jose.
What is the average sales price for listings in 5963 Porto Alegre Drive?
The average sales price for units in 5963 Porto Alegre Drive is $0 currently.

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