See Home Value
$1,432,000
● House - Off Market

987 Wallace Drive

San Jose, CA 95120
bedrooms
4 Beds
bathrooms
2 Baths, 1 Half Bath
square feet
2,050 Ft²
$1,841,608
RealtyHop Estimate
41.66%
Since May 1, 2017
CA-San Francisco
Primary Model

About This Property

Beautifully remodeled Almaden home!  Over $200,000 in improvements  No flood insurance required.  Back yard has fantastic views of the Almaden hills and open space!  Prestigious Almaden schools:  Leland High, Bret Harte Middle and Simonds Elementary.  4 bedrooms, 2.5 remodeled bathrooms.  Remodeled kitchen has Cherrywood cabinets, granite slab counter tops, walk-in pantry and stainless steel appliances--including double oven with warming oven, microwave & beautiful view of the Almaden hills.  Family room is open to the kitchen with remodeled gas fireplace.  Master bedroom has luxurious remodeled master bath and walk-in closet.  Upstairs guest bath has Maple cabinetry, granite slab counter top, deep jetted tub/glass shower.  Spacious living room.  Formal dining room has fabulous view of the Almaden hills.  Air Conditioning.  NEW 50 year roof--GAF weather stopper system, gutter guards, additional insulation with transferable warranty.  2 solar tubes for additional, natural lighting.
Unit Size
2,050 Ft²
Days on Market
40 days
Land Size
0.14 acres
Price per sqft
$634
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1965

Payment Calculator

Cap Rate Calculator

Last updated: 5 months ago (MLSListings Inc. #ML81640843)

Price History

Date / Event Date Event Price
Apr 11, 2017 Sold
Sold
Mar 2, 2017 Listed by Richard Tygerson, Broker $1,300,000
Listed by Richard Tygerson, Broker

Property Highlights

Air Conditioning
Fireplace
With View
Garage

Building Info

Overview

    General

  • Year Built: 1965
  • Effective Year Built: 1965
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: 6
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 25
  • Exterior Walls Type: 12
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 3
  • Floor Count: 200
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 7
  • Garage Square Area: 457
  • Parking Space Count: 2
  • Patio Type: 20
  • Porch Type: 8
  • Pool Type: 0
  • Location Influence Type: 29

    Dimensions

  • Lot Size Square Feet: 6,300
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 630
  • Total Building Area: 2,050
  • Gross Building Area: 1,095
  • Building Area: 2,050
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 0
  • Heating: 24
  • Heated Square Feet: 2,050
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 1
  • Water Service: 2

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: TRACT NO 3786
  • Land Acres: 0000000145
  • Standard Land Use Code: 1001
  • County Land Use Code: 01
  • Legal Description 1: TRACT 3786 BOOK 192 PAGE 32 LOT 68

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 511911

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 72-D4
  • Subdivision Tract Number: 3786
  • Parcel: 696-15-033
  • Lot: 68
  • Municipality: SAN JOSE
  • Latitude: 37.2273
  • Longitude: -121.859

    Address

  • Full Address: 987 Wallace Dr
  • Address - House Number: 987
  • Address - Street Name: Wallace
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C005
  • 4-Digit Zip Code: 1849
  • Zip Code: 95120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $1,974,922
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1946
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 74
  • Final Value: 1,855,454
  • High Value: 2,216,642
  • Low Value: 1,494,265

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,597,419
  • Assessed Land Value: $892,414
  • Assessed Improvements Value: $705,005

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Mar 30, 2017
  • Current Sale Recording Date: Apr 07, 2017
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 23619487
  • Previous Sale Recording Date: Jun 29, 2000
  • Previous Sale Contract Date: Jun 13, 2000
  • Previous Sale Amount: $582,000
  • Previous Sale Document Type: 36

    Financing

  • First Mortgage Financing Type: ADJ
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Almaden


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5322 Wong Drive, San Jose, CA, 95123

$3,168 /mo

  • 2 Beds
  • 2 Baths
  • 900 ft²
5322 Wong Drive #Olive, San Jose, CA, 95123 Listing by Equity Residential
Unit for rent at 1071 Almaden Village Lane, SAN JOSE, CA, 95120

$4,350 /mo

  • 3 Beds
  • 2 Baths
  • 1,681 ft²
1071 Almaden Village Lane, SAN JOSE, CA, 95120 Listing by Daryl Zarosi


Frequently Asked Questions

When was property at 987 Wallace Drive built and last sold?
The property at 987 Wallace Drive was built in 1965 and last sold on Mar 30, 2017 for $1,432,000.
How much is this home worth?
The estimated value of the home located at 987 Wallace Drive is $1,360,952.
What are some comparable homes to 987 Wallace Drive?
There are currently no comparable homes to 987 Wallace Drive.