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650 South 8th Street

650 South 8th Street, San Jose, CA 95112
Property in South Campus
Sold Apr 12, 2023
$5,075,000
$3,045,000 by Lone Oak Fund Llc
Mortgage Due Apr 12, 2053
Sold May 08, 2018
$6,150,000
$2,743,000 by Provident Bank
Mortgage
650 South 8th Street in San Jose, CA was first built in 1958 and is 66 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. There are a total of 2 floors. 650 South 8th Street has 9,769 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 1,140 ft and the linear feet between the front and back of the lot is 1,380. In total, the area measurement of the land is 15,732 square feet.

Learn more about the property and building on this page. There is a unknown. Water for the property is sourced from a water system. For those who need parking, there is a garage. The garage is 17 sqft. There are a total of 17 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. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. As for heating, the home is utilizing no heating system and being fueled with nothing. 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. The property was last sold in Feb 10, 2023 for $5,075,000. That's $519.50 per sqft. Prior to that sales transaction, the property was also sold in Apr 26, 2018 for $6,150,000. 650 South 8th Street was last assessed in 2023. The total value of the property was assessed at $6,709,516. Specifically, the land the property is located on was valued at $3,440,609. While improvements on the property were assessed at a total of $3,268,907. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $84,579. The initial tax year of delinquency was in 2023. 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. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 17
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 17
  • Parking Space Count: 17

    Dimensions

  • Lot Size Square Feet: 15,732
  • Lot Size Depth Feet: 1,380
  • Lot Size Frontage Feet: 1,140
  • Total Building Area: 9,769
  • Gross Building Area: 9,769
  • Building Area: 9,769
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 9,769
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Subdivision: KALANA
  • Land Acres: 0.361
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: MAP F PG 42 LOT 6

Ownership

  • Current Owner : WLC CITY PROPERTIES LLC
  • Previous Owner : KEVIN & SHARI CHAO TRUST
  • Owner Before Previous Owner: DNG 450 WINCHESRTER LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 501602

Zoning

  • Zoning: RM

Geography

  • Assessors Map Reference: 62-C3
  • Parcel: 472-24-006
  • Lot: 6
  • Municipality: SAN JOSE
  • Latitude: 37.33
  • Longitude: -121.875

    Address

  • Full Address: 650 S 8th St
  • Address - House Number: 650
  • Street Direction: S
  • Address - Street Name: 8th
  • Address - Suffix Type: St
  • State: CA
  • City Name: San Jose
  • Carrier Code: C058
  • 4-Digit Zip Code: 3895
  • Zip Code: 95112

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $84,579
  • Intital Tax Deliquent Year: 2023
  • Tax Rate Code Area: 17-193

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $5,185,000
  • First Open Lien Mortgage Lender: LONE OAK FUND LLC
  • First Open Lien Mortgage Recording Date: Apr 12, 2023
  • First Open Lien Mortgage Loan Amount: $3,045,000
  • 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: Apr 12, 2053
  • Second Open Lien Mortgage Lender: QUALFAX INC
  • Second Open Lien Mortgage Recording Date: Apr 12, 2023
  • Second Open Lien Mortgage Loan Amount: $2,140,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Due Date: Apr 12, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $6,709,516
  • Assessed Land Value: $3,440,609
  • Assessed Improvements Value: $3,268,907

    Sales

  • Current Sale Contract Date: Feb 10, 2023
  • Current Sale Recording Date: Apr 12, 2023
  • Current Sale Transaction ID: 11905004501
  • Current Sale Price: $5,075,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25461471
  • Previous Sale Recording Date: May 08, 2018
  • Previous Sale Contract Date: Apr 26, 2018
  • Previous Sale Amount: $6,150,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LONE OAK FUND LLC
  • First Mortgage Transaction Date: Apr 12, 2023
  • First Mortgage Loan Amount: $3,045,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • Second Mortgage Loan Amount: $2,140,000

    Previous Mortgages

  • Previous Mortgage Lender: PROVIDENT BANK
  • Previous Mortgage Transaction Date: May 08, 2018
  • Previous Mortgage Loan Amount: $2,743,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Commercial

About Central San Jose



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Frequently Asked Questions

What neighborhood is 650 South 8th Street located in?
The 650 South 8th Street is a located in the neighborhood of South Campus in Central San Jose, San Jose.
What is the average sales price for listings in 650 South 8th Street?
The average sales price for units in 650 South 8th Street is $0 currently.

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