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7268 Martwood Way

7268 Martwood Way, San Jose, CA 95120
Property in Creekside South
Sold Jun 26, 2013
$790,000
$497,200 by Quicken Loans Llc
Mortgage Due Nov 01, 2050
Sold Jun 10, 2004
$574,000
$459,200 by Lehman Brothers Bank Fsb
Mortgage Due Jul 01, 2034
7268 Martwood Way 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 1985 and is 39 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 7268 Martwood Way has 1,470 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 500 ft and across the front of the lot is 500 ft. The area measurement of the land has been determined as 2,500 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 230 sqft. According to our sources, there is one available parking space. 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 C by the local assessor. The roof of the building is made of tile. The exterior walls of the building are made of wood siding. In terms of heating, it is utilizing a heating system. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. 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, 7268 Martwood Way sold most recently in Jun 19, 2013 for a total of $790,000. If you work out the math, that's approximately a cost of $537.41 per sqft. Before that, the property was also sold for $574,000 in Jun 2, 2004. 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 $12,188 in taxes each year. 7268 Martwood Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $935,041. If we break it down further, the land itself was valued at $704,243. Improvements to the property, however, were assessed at a total of $230,798. The property's total assessed value has been marked as more than the total market value which is pretty atypical. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side.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: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Wood siding
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 230
  • Parking Space Count: 1
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 2,500
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,470
  • Gross Building Area: 720
  • Building Area: 1,470
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,470
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 7169
  • Land Acres: 0.057
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 7169 LOT 65

Ownership

  • Current Owner : PATEL CHIRAG
  • Current Owner 2: PATEL H
  • Previous Owner : PATERSON ALEXANDER M
  • Previous Owner 2: PATERSON MARY A
  • Owner Before Previous Owner: BEHROUZI PEJMAN
  • Owner Before Previous Owner 2: BEHROUZI KHALIL
  • 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: 511912

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 76-A2
  • Subdivision Tract Number: 7169
  • Parcel: 742-36-017
  • Lot: 65
  • Municipality: SAN JOSE
  • Latitude: 37.1984
  • Longitude: -121.829

    Address

  • Full Address: 7268 Martwood Way
  • Address - House Number: 7268
  • Address - Street Name: Martwood
  • Address - Suffix Type: Way
  • State: CA
  • City Name: San Jose
  • Carrier Code: C034
  • 4-Digit Zip Code: 3424
  • Zip Code: 95120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,188
  • Tax Rate Code Area: 17-092

    Appraisal Valuation

  • Standard Deviation: 0.2059
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,810,539
  • High Value: 2,183,422
  • Low Value: 1,437,656

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $497,200
  • First Open Lien Mortgage Lender: QUICKEN LOANS LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $497,200
  • 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: Nov 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $935,041
  • Assessed Land Value: $704,243
  • Assessed Improvements Value: $230,798

    Sales

  • Current Sale Contract Date: Jun 19, 2013
  • Current Sale Recording Date: Jun 26, 2013
  • Current Sale Transaction ID: 1042983356
  • Current Sale Price: $790,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22278500
  • Previous Sale Recording Date: Jun 10, 2004
  • Previous Sale Contract Date: Jun 02, 2004
  • Previous Sale Amount: $574,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PARKSIDE LENDING LLC
  • First Mortgage Transaction Date: Jun 26, 2013
  • First Mortgage Loan Amount: $596,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: LEHMAN BROTHERS BANK FSB
  • Previous Mortgage Transaction Date: Jun 10, 2004
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $459,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Jul 01, 2034

About Almaden



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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 7268 Martwood Way located in?
The 7268 Martwood Way is a located in the neighborhood of Creekside South in Almaden, San Jose.
What is the average sales price for listings in 7268 Martwood Way?
The average sales price for units in 7268 Martwood Way is $0 currently.

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