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81 Jose Figueres Avenue

81 Jose Figueres Avenue, San Jose, CA 95116
Commercial in Alum Rock
81 Jose Figueres Avenue 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 1959 and is 65 years old. The building has a total of 2 stories. In addition, 81 Jose Figueres Avenue has 2,990 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 1,100 ft and across the front of the lot is 1,000 ft. The area measurement of the land has been determined as 5,500 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 carport for those who require parking. According to our sources, there are a total of 6 available parking spaces. Residents will have the luxury of enjoying a unknown. 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 inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing no heating system and being fueled with nothing. There is a single fireplace in the home. Perfect for those wintery nights. Finally, the property is currently sourcing its water from a water 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, 81 Jose Figueres Avenue sold most recently in Jan 12, 2024 for a total of $2,900,000. If you work out the math, that's approximately a cost of $969.90 per sqft. Before that, the property was also sold for $1,344,988 in Nov 1, 2023. 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 $22,830 in taxes each year. The initial year of tax delinquency occurred in 2022. 81 Jose Figueres Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,560,600. If we break it down further, the land itself was valued at $1,123,632. Improvements to the property, however, were assessed at a total of $436,968. 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.

Building Features

Parking

Assigned Parking
This property description is generated based on publicly available data.

1 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20190428
04/28/2019
1 Bed
-
2990 ft²
$1,988,888
bedrooms
1 Bed
bathrooms
-
square feet
2990 ft²
-
-
-
-

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 6
  • Basement Area: 0
  • Garage Type: Carport
  • Parking Space Count: 6

    Dimensions

  • Lot Size Square Feet: 5,500
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 2,990
  • Gross Building Area: 2,990
  • Building Area: 2,990
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: No air conditioning
  • Heating: None
  • Heated Square Feet: 2,990
  • Heating Fuel Type: None

    Utilities

  • Sewer System: unknown
  • Water Service: Yes

Building

  • Property Class: Residential
  • Land Acres: 0.126
  • Standard Land Use Code: Multi-family dwellings (generic, 2+)
  • Legal Description 1: LOT 2

Ownership

  • Current Owner : ABODE BY AS LLC
  • Previous Owner : BRIDGE MORTGAGE FUND LLC
  • Owner Before Previous Owner: JOFIG VENTURES LLC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Alum Rock Union Elementary School District
  • Census Tract: 503707

Zoning

  • Zoning: R3

Geography

  • Assessors Map Reference: 55-E6
  • Parcel: 481-07-042
  • Lot: 2
  • Municipality: SAN JOSE
  • Latitude: 37.3581
  • Longitude: -121.848

    Address

  • Full Address: 81 Jose Figueres Ave
  • Address - House Number: 81
  • Address - Street Name: Jose Figueres
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C006
  • 4-Digit Zip Code: 2024
  • Zip Code: 95116

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $22,830
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 17-007

    Appraisal Valuation

  • Standard Deviation: 0.4286
  • Valuation Date: Feb 14, 2024
  • Confidence Score: 14
  • Final Value: 1,510,629
  • High Value: 2,158,147
  • Low Value: 863,110

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,600,000
  • First Open Lien Mortgage Lender: CITIZENS BUSINESS BANK
  • First Open Lien Mortgage Recording Date: Jan 19, 2024
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,600,000
  • 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: Jan 19, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,560,600
  • Assessed Land Value: $1,123,632
  • Assessed Improvements Value: $436,968

    Sales

  • Current Sale Contract Date: Jan 12, 2024
  • Current Sale Recording Date: Jan 19, 2024
  • Current Sale Transaction ID: 11919393824
  • Current Sale Price: $2,900,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25587946
  • Previous Sale Recording Date: Nov 06, 2023
  • Previous Sale Contract Date: Nov 01, 2023
  • Previous Sale Amount: $1,344,988
  • Previous Sale Document Type: Trustee's Deed (Certificate of Title)

    Last Sale Mortgage

  • First Mortgage Lender: CITIZENS BUSINESS BANK
  • First Mortgage Transaction Date: Jan 19, 2024
  • First Mortgage Loan Amount: $1,600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Alum Rock



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Frequently Asked Questions

What neighborhood is 81 Jose Figueres Avenue located in?
The 81 Jose Figueres Avenue is a commercial located in the neighborhood of Alum Rock in Alum Rock, San Jose.
What is the average sales price for listings in 81 Jose Figueres Avenue?
The average sales price for units in 81 Jose Figueres Avenue is $0 currently.

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