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5531 Lauren Drive

5531 Lauren Drive, San Jose, CA 95124
Property in Noddin
Sold Aug 30, 1994
$244,000
$515,000 by Network Capital Funding Corp
Mortgage Due Apr 01, 2051
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Local assessors in San Jose, CA have categorized 5531 Lauren Drive as a residential type of property. The home was built in 1958 and is 66 years old. The property's lot size has been calculated to be 7,800 square feet. The linear feet between the front and back of the lot was measured at 1,200 ft and the front of the lot was measured at 650 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 5531 Lauren Drive has a total of 1,886 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 420 sqft. There are 2 available parking spaces so it's a great situation for those with more than one car. Do you like to entertain? The home has both a porch and a patio so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The home's a heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 5531 Lauren Drive sold most recently in Aug 22, 1994 for a total of $244,000. If you work out the math, that's approximately a cost of $129.37 per sqft. 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 $10,127 in taxes each year. 5531 Lauren Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $637,310. If we break it down further, the land itself was valued at $157,562. Improvements to the property, however, were assessed at a total of $479,748. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1958
  • Effective Year Built: 1958
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Garage Square Area: 420
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 7,800
  • Lot Size Depth Feet: 1,200
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,886
  • Gross Building Area: 1,786
  • Building Area: 1,886
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,886
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: LONE HILL
  • Land Acres: 0.179
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 1728 LONE HILL BOOK 96 PAGE 20 LOT 112

Ownership

  • Current Owner : CYRUS AMIR
  • Current Owner 2: CYRUS MARLA J
  • Previous Owner : HAMILTON R CAROL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Union Elementary School District
  • Census Tract: 506803

Zoning

  • Zoning: R1-8

Geography

  • Assessors Map Reference: 71-E3
  • Subdivision Tract Number: 1728
  • Parcel: 567-12-029
  • Lot: 112
  • Municipality: SAN JOSE
  • Latitude: 37.2375
  • Longitude: -121.907

    Address

  • Full Address: 5531 Lauren Dr
  • Address - House Number: 5531
  • Address - Street Name: Lauren
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: San Jose
  • Carrier Code: C046
  • 4-Digit Zip Code: 6317
  • Zip Code: 95124

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,127
  • Tax Rate Code Area: 17-076

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,818,771
  • High Value: 2,175,853
  • Low Value: 1,461,690

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $515,000
  • First Open Lien Mortgage Lender: NETWORK CAPITAL FUNDING CORP
  • First Open Lien Mortgage Recording Date: Mar 29, 2021
  • First Open Lien Mortgage Loan Amount: $515,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $637,310
  • Assessed Land Value: $157,562
  • Assessed Improvements Value: $479,748

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Aug 22, 1994
  • Current Sale Recording Date: Aug 30, 1994
  • Current Sale Transaction ID: 1006321157
  • Current Sale Price: $244,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12632446

    Last Sale Mortgage

  • First Mortgage Lender: FRONTLINE MTG CO
  • First Mortgage Transaction Date: Aug 30, 1994
  • First Mortgage Loan Amount: $183,000
  • First Mortgage Terms: 480
  • First Mortgage Loan Due Date: Sep 01, 2034

    Financing

  • First Mortgage Financing Type: Variable

About Cambrian



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Frequently Asked Questions

What neighborhood is 5531 Lauren Drive located in?
The 5531 Lauren Drive is a located in the neighborhood of Noddin in Cambrian, San Jose.
What is the average sales price for listings in 5531 Lauren Drive?
The average sales price for units in 5531 Lauren Drive is $0 currently.

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