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6130 Monterey Circle

6130 Monterey Circle, San Jose, CA 95138
Property in Edenvale
Sold Jan 20, 2009
Transfer
$40,000,000 by Northwestern Mutual Life Insur
Mortgage Due Apr 05, 2034
6130 Monterey Circle 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 1971 and is 53 years old. The area measurement of the land has been determined as 1,760,694 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a Spanish 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. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The inside of the home is being cooled with no air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $690,658 in taxes per year. The property on 6130 Monterey Circle was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $40,846,107. To break that down further, the land itself was valued at $35,226,678. While improvements to the property were assessed at a total of $5,619,429. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1971
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: A
  • Building Style: Spanish
  • Living Units: 344
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 1,760,694
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: SANTA TERESA RHO
  • Land Acres: 40.42
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)

Ownership

  • Current Owner : HOMETOWN MONTEREY OAKS LLC
  • Previous Owner : MONTEREY OAKS MHP LLC
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: East Side Union High School District
  • Census Tract: 512038

Zoning

  • Zoning: RMH

Geography

  • Assessors Map Reference: 72A-E2
  • Parcel: 678-03-035
  • Lot: 54
  • Municipality: SAN JOSE
  • Latitude: 37.2381
  • Longitude: -121.769

    Address

  • Full Address: 6130 Monterey Hwy
  • Address - House Number: 6130
  • Address - Street Name: Monterey
  • Address - Suffix Type: Hwy
  • State: CA
  • City Name: San Jose
  • Carrier Code: C001
  • 4-Digit Zip Code: 1703
  • Zip Code: 95138

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $690,658
  • Tax Rate Code Area: 17-059

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $66,500,000
  • First Open Lien Mortgage Lender: NORTHWESTERN MUTUAL LIFE INSUR
  • First Open Lien Mortgage Recording Date: Apr 04, 2024
  • First Open Lien Mortgage Loan Amount: $40,000,000
  • First Open Lien Mortgage Term: 120
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Apr 05, 2034
  • Second Open Lien Mortgage Lender: PACIFIC LIFE INSURANCE COMPANY
  • Second Open Lien Mortgage Recording Date: Apr 02, 2014
  • Second Open Lien Mortgage Loan Amount: $26,500,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Commercial
  • Second Open Lien Mortgage Loan Due Date: Apr 02, 2044

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $40,846,107
  • Assessed Land Value: $35,226,678
  • Assessed Improvements Value: $5,619,429

    Sales

  • Current Sale Contract Date: Jan 13, 2009
  • Current Sale Recording Date: Jan 20, 2009
  • Current Sale Transaction ID: 1072513957
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20104770

    Last Sale Mortgage

  • First Mortgage Lender: KEYCORP REAL ESTATE CAPITAL MA
  • First Mortgage Transaction Date: Jan 20, 2009
  • First Mortgage Loan Amount: $5,470,000
  • First Mortgage Terms: 60
  • First Mortgage Loan Type: Building or Construction Loan
  • First Mortgage Loan Due Date: Feb 01, 2014

About Edenvale



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Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath
Unit for rent at

$775 /mo

  • 2 Beds
  • 1 Bath
Listing by Manager

Frequently Asked Questions

What neighborhood is 6130 Monterey Circle located in?
The 6130 Monterey Circle is a other located in the neighborhood of Edenvale in Edenvale, San Jose.
What is the average sales price for listings in 6130 Monterey Circle?
The average sales price for units in 6130 Monterey Circle is $0 currently.

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