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968 Cherry Avenue

968 Cherry Avenue, San Jose, CA 95126
Property in Avis-Cherry
Sold Feb 05, 2021
$3,362,000
$510,000 by Strong Home Mortgage Llc
Mortgage Due Oct 01, 2050
Sold May 25, 2017
$1,294,000
$1,035,155 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2047
968 Cherry Avenue in San Jose, CA was first built in 1964 and is 60 years old. This has been categorized as a residential property type. It is a single story home. There are a total of 6 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 968 Cherry Avenue has 1,488 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 900 ft and the linear feet between the front and back of the lot is 1,220. In total, the area measurement of the land is 10,980 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 896 sqft. There are a total of 4 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. As for heating, the home is utilizing a heating system. The property was last sold in Dec 26, 2020 for $3,362,000. That's $2,259.41 per sqft. Prior to that sales transaction, the property was also sold in May 10, 2017 for $1,294,000. 968 Cherry Avenue was last assessed in 2023. The total value of the property was assessed at $1,443,414. Specifically, the land the property is located on was valued at $992,810. While improvements on the property were assessed at a total of $450,604. 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 $18,512. 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: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 896
  • Parking Space Count: 4
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 10,980
  • Lot Size Depth Feet: 1,220
  • Lot Size Frontage Feet: 900
  • Total Building Area: 1,488
  • Gross Building Area: 1,488
  • Building Area: 1,488
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,488
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: CHERRY CREEK PARK
  • Land Acres: 0.252
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 3614 CHERRY CREEK PARK BOOK 171 PAGE 10 PAGE 11 LOT 68

Ownership

  • Current Owner : LEUNG JANICE W
  • Current Owner 2: LEUNG FAMILY TRUST
  • Previous Owner : LEUNG JANICE W
  • Owner Before Previous Owner: JOHNSON SONJA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 502302

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 61-E6
  • Subdivision Tract Number: 3614
  • Parcel: 264-62-066
  • Lot: 68
  • Municipality: SAN JOSE
  • Latitude: 37.3104
  • Longitude: -121.91

    Address

  • Full Address: 968 Cherry Ave
  • Address - House Number: 968
  • Address - Street Name: Cherry
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: San Jose
  • Carrier Code: C014
  • 4-Digit Zip Code: 4006
  • Zip Code: 95126

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $18,512
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1997
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,835,256
  • High Value: 2,201,777
  • Low Value: 1,468,735

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $510,000
  • First Open Lien Mortgage Lender: STRONG HOME MORTGAGE LLC
  • First Open Lien Mortgage Recording Date: Oct 23, 2020
  • First Open Lien Mortgage Loan Amount: $510,000
  • 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: Oct 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,443,414
  • Assessed Land Value: $992,810
  • Assessed Improvements Value: $450,604

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 26, 2020
  • Current Sale Recording Date: Feb 05, 2021
  • Current Sale Transaction ID: 11818689969
  • Current Sale Price: $3,362,000
  • Current Sale Document Type: Quit Claim Deed
  • Current Sale Input Document Number: 24819008
  • Previous Sale Recording Date: May 25, 2017
  • Previous Sale Contract Date: May 10, 2017
  • Previous Sale Amount: $1,294,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: May 25, 2017
  • Previous Mortgage Loan Amount: $1,035,155
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2047

About Willow Glen



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 968 Cherry Avenue located in?
The 968 Cherry Avenue is a located in the neighborhood of Avis-Cherry in Willow Glen, San Jose.
What is the average sales price for listings in 968 Cherry Avenue?
The average sales price for units in 968 Cherry Avenue is $0 currently.

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