62 W Reed ST

Active

62 West Reed Street, San Jose, CA 95110

$699,000
 for Sale at 62 West Reed Street, San Jose, CA 95110

Open House: Sat Apr 1, 9AM - 11AM

27

 for Sale at 62 West Reed Street, San Jose, CA 95110
 for Sale at 62 West Reed Street, San Jose, CA 95110
 for Sale at 62 West Reed Street, San Jose, CA 95110
$699,000
3
Beds
2
Baths
Half Bath
1,240
Ft²
$564
$/ft²
0.09
Acres
Cap Rate
Est. Monthly
Cap Rate
Est. Monthly
$3,432
Harcourts Non-Distressed Auction - Bidding to start from $699,000. 12pm April 6, 2023. All buyers and financing options welcome. Contingencies considered. No buyer premiums or additional fees. Disclosures and reports available. Open to preemptive offers   Beautifully renovated historic Reed Landmark home in San Jose. Near the heart of downtown within steps to restaurants, breweries, music venues and parks.  Close to the new Google campus and shopping.  This home has been upgraded with all new kitchens and baths featuring new detailed tile work, all new shaker cabinets, quartz countertops, new plumbing, and new flooring throughout.  Exquisite detail with the wainscotting on the walls throughout. New alarm system and AC. Light, bright and fresh...

LISTING AGENT


Building Info

Overview

This property was built in 1900.

General

  • Year Built

    1900
  • Actual Year Built

    1900
  • Total Rooms

    6.00
  • Bedroom Count

    2
  • Bathroom Count

    1.00
  • Full Bathrooms

    1.00
  • Partial Bathrooms

    0.00
  • Bathroom Fixture Number

    0.00
  • Building Condition

    6
  • Building Quality

    7
  • Construction Type

    wood
  • Building Style

    -
  • Exterior Walls Type

    -
  • Interior Walls Type

    -
  • Roof Shape Type

    -
  • Roof Cover Type

    -
  • Floor Count

    1
  • Business/Commerical Units Count

    0.00
  • Floor Cover

    -
  • Basement Type

    -
  • Basement Area

    0.00
  • Garage Type

    -
  • Garage Square Area

    0.00
  • Parking Space Count

    0.00
  • Patio Type

    -
  • Porch Type

    -
  • Pool Type

    -

Dimensions

  • Lot Size Square Feet

    3,270
  • Lot Size Depth Feet

    1090
  • Lot Size Frontage Feet

    300
  • Total Building Area

    1,240
  • Gross Building Area

    0.00
  • Building Area

    1,240
  • Building Area Source

    L

Heating

  • Fireplace Count

    0.00
  • Air Conditioning Type

    no air conditioning
  • Heat Code

    no heating systems
  • Heated Square Feet

    1,240
  • Heating Fuel Type

    nothing

Codes

  • Sewer System

    -
  • Water Service Type

    -

Building

Building codes and types
  • Building Type

    -
  • Property Class ID

    residential
  • Land Acres

    0.075
  • Standard Land Use Code

    single family residential
  • County Land Use Code

    01

Neighborhood

Community district, city council district, police precinct, and more.
  • School District Name

    San Jose Unified School District
  • Census Tract

    501700

Zoning

The zoning code for this property is RM.
  • Zoning

    RM

Geography

The property is located in zip code 95110.
  • Parcel

    264-32-075
  • Block

  • Lot

  • Municipality

    SAN JOSE
  • Latitude

    37.3261
  • Longitude

    -121.885

Address

  • Full Address

    62 W Reed St
  • Address - House Number

    62
  • Street Direction

    W
  • Address - Street Name

    Reed
  • Address - Suffix Type

    St
  • State

    CA
  • City Name

    San Jose
  • Carrier Code

    C003
  • 4-Digit Zip Code

    2846
  • Zip Code

    95110

Valuation

The assessed value of this property is $707,251.
  • Timestamp

    Nov 15, 2021
  • UCID Flag

    C
  • Total Area

    0.00
  • Standard Deviation

    0

Tax

  • Tax Year

    2021
  • Tax Amount

    $9,865
  • Intital Tax Deliquent Year

    2018
  • Tax Rate Code Area

    17-193

Open Liens

  • Total Open Liens

    0
  • Total Open Liens Amount

    $0

Market Valuation

  • Market Total Value

    $0
  • Market Land Value

    $0
  • Market Improvement Value

    $0

Appraisal Valuation

  • Valuation Date

    Nov 13, 2021
  • Confidence Score

    76
  • Final Value

    1,098,129
  • High Value

    1,294,000
  • Low Value

    902,257

Assessments Valuation

  • Assessed Year

    2021
  • Assessed Total Value

    $707,251
  • Assessed Land Value

    $606,216
  • Assessed Improvements Value

    $101,035

Sales

  • Current Sale Transaction ID

    0
  • Current Sales Price

    $0

Mortgages

  • First Current Mortgage Loan Amount

    $0
  • First Current Mortgage Terms

    0
  • Second Current Mortgage Loan Amount

    $0
  • Second Current Mortgage Terms

    0

Open Lien Mortgages

  • First Open Lien Mortgage Loan Amount

    $0
  • First Open Lien Mortgage Term

    0
  • First Open Lien Mortgage Position

    0
  • Second Open Lien Mortgage Loan Amount

    $0
  • Second Open Lien Mortgage Term

    0
  • Second Open Lien Mortgage Position

    0
  • Third Open Lien Mortgage Loan Amount

    $0
  • Third Open Lien Mortgage Term

    0
  • Third Open Lien Mortgage Position

    0
  • Fourth Open Lien Mortgage Loan Amount

    $0
  • Fourth Open Lien Mortgage Term

    0
  • Fourth Open Lien Mortgage Position

    0

Previous Mortgages

  • Previous Mortgage Loan Amount

    $0
  • Previous Mortgage Term

    0

Building Features

Exterior

Wood Siding

Parking

Detached Garage

Home Features

Home Systems

Security System

Appliances

Gas Cooktop

HVAC

Central A/C

Price History

Date/EventEventPrice
Mar 30, 2023 RelistedRelisted$699,000
Mar 21, 2023 In contractIn contract-
Mar 4, 2023 Price DecreasedPrice Decreased$699,000 $200K (22.2%)
Jan 12, 2023 Listed by Tuscana PropertiesListed by Tuscana Properties$899,000
Jan 2, 2023 No longer availableNo longer available-
Oct 29, 2022 Price DecreasedPrice Decreased$995,000 $55K (5.2%)
Oct 19, 2022 No longer availableNo longer available-
Oct 17, 2022 Listed by Keller Williams Realty DanvilleListed by Keller Williams Realty Danville$1,050,000
Sep 6, 2022 Listed by Keller Williams RealtyListed by Keller Williams Realty$1,050,000

Property Analysis

Cap Rate Analysis

Purchase Price
Monthly Property Taxes
Monthly Rental Income
Maintenance & HOA
IncomePer Year
$43,800
ExpensesPer Year
$0
Operating ProfitPer Year
$43,800
Cap rate
6.27%

Price Estimate

$842,000$721,506$601,013
20232024202520262027
Current Asking Price

$699,000

HopScore Market Price

$721,506

The current asking price is $22,506.63 below the HopScore market price.

Comparables

Unit
Status
TypeBedsBathsft²
Price/ft²
Price
Common Charges
In Contract
House
2
2
1,082 ft²
$646/ft²
$699,000
In Contract
Condo
2
2
1,421 ft²
$535/ft²
$760,000
$794/mo

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Neighborhood

About Market-Almaden

Stats & Trends

The median asking price in Market-Almaden is $998,000.
  • Median Asking

    $998,000
  • Sale Price/ft²

    $732.88
  • Below Asking

    0.02%
  • Days on Market

    28

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62 West Reed Street 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 1900 and is 123 years old. The home has a total of 6 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to one full bathroom and unclear on the number of partial bathrooms in the property. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 62 West Reed Street has 1,240 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet...

62 West Reed Street, San Jose, CA 95110


Frequently Asked Questions

What neighborhood is 62 West Reed Street located in?
The 62 West Reed Street is a house located in the neighborhood of Market-Almaden in Central San Jose, San Jose.
How many units are currently for sale in 62 West Reed Street?
62 West Reed Street has a total of 1 units in the building. There are one units for sale right now.
What is the average sales price for units in 62 West Reed Street?
The average sales price for units in 62 West Reed Street is $699,000, or $564/sqft.
How long on average are units in 62 West Reed Street on the market?
Units in 62 West Reed Street are usually on the market for an average of 79 days with an average asking price of $699,000.

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