693 Balfour Drive

693 Balfour Drive in San Jose, CA was first built in 1983 and is 41 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. There are a total of 5 rooms in the home, of which, 2 are bedrooms. In terms of bathrooms, there is only one bathroom. There are 2 partial bathrooms. 693 Balfour Drive has 867 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. In total, the area measurement of the land is 444 square feet.

Learn more about the property and building on this page. There is a porch and a patio. For those who need parking, there is a garage. The garage is 190 sqft. 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. As for heating, the home 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, 693 Balfour Drive sold most recently in Sep 7, 2008 for a total of $195,000. If you work out the math, that's approximately a cost of $224.91 per sqft. Before that, the property was also sold for $311,389 in Sep 24, 2007. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $4,338 in taxes each year. 693 Balfour Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $241,350. If we break it down further, the land itself was valued at $120,675. Improvements to the property, however, were assessed at a total of $120,675. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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.