Seller's Agent in 2023
George Montanari
Compass
(408) 497-2213
1 in this area
96 Total Sales
2986 Moorpark Ave San Jose, CA 95128
Castlemont NeighborhoodEstimated Value: $1,504,000 - $2,269,000
5
Beds
4
Baths
2,142
Sq Ft
$843/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Balcony
- Guest Parking
- Del Mar High School Rated A-
- Double Pane Windows
- Forced Air Heating and Cooling System
About This Home
As of October 2023Great opportunity! Huge lot with one structure with 3 units: Main house offers 3bd/2ba with large enclosed yard. A/C and carport. #B-2nd unit: Charming with private yard and patio. 1bd/1bath. Updated kitchen, oven range, built in microwave, refrigerator and stacked washer and dryer in the unit. Bath with stall shower. #C-3rd unit: 1bd/1ba. Updated kitchen, newer oven range, refrigerator and microwave. Spacious bedroom with large slider closet. Hardwood flooring and ceiling fan. Inviting living room. Quarter basement. Large trailer and storage unit available. Long driveway leads to the property providing ample parking. New sewer line clean out. Close proximity to shopping, Valley Med, and restaurants. DO NOT GO TO THE PROPERTY WITHOUT CALLING THE AGENT. Flag lot between Action Day Nursery and next to the Korean Church. No sign
Last Listed By
George Montanari
Compass License #00780027 Listed on: 04/24/2023
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,907
Year Built
- 1952
Lot Details
- 0.32 Acre Lot
- Fenced
- Back Yard
Home Design
- Triplex
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 2,142 Sq Ft Home
- 1-Story Property
- Ceiling Fan
- Double Pane Windows
- Washer and Dryer
Kitchen
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Laminate
Parking
- 3 Parking Spaces
- 1 Carport Space
- Guest Parking
- Off-Street Parking
Outdoor Features
- Balcony
Utilities
- Forced Air Heating and Cooling System
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Total Actual Rent $71,616
Community Details
Overview
Building Details
- 3 Leased Units
- Insurance Expense $2,697
- Maintenance Expense $13,847
- Manager Expense $800
- Utility Expense $8,276
- Operating Expense $47,360
- Gross Income $71,616
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Mar 21, 2018
Sold by
Tabb Christopher D and Christina Tabb Living Trust
Bought by
Local Motive Development Llc
Total Days on Market
126
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
4.4%
Mortgage Type
Unknown
Purchase Details
Closed on
Aug 8, 2017
Sold by
Ross Betty
Bought by
Ross Betty
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$954,225
Interest Rate
4.35%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Apr 28, 2004
Sold by
Tabb Christina
Bought by
Tabb Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,000
Interest Rate
5.38%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan
Purchase Details
Closed on
Apr 30, 2002
Sold by
Tabb Christina
Bought by
Tabb Christina
Purchase Details
Closed on
Oct 8, 2001
Sold by
Tabb Howard
Bought by
Tabb Christina
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
6.91%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Local Motive Development Llc | $1,349,000 | Chicago Title Co | |
| Ross Betty | -- | Fidelity Natl Title Group | |
| Tabb Christina | -- | Chicago Title Company | |
| Tabb Christina | -- | Chicago Title | |
| Tabb Christina | -- | -- | |
| Tabb Christina | -- | Alliance Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Local Motive Development Llc | $150,000 | |
| Closed | Local Motive Devocaliments Llc | $150,000 | |
| Previous Owner | Local Motive Development Llc | $876,000 | |
| Previous Owner | Ross Betty | $954,225 | |
| Previous Owner | Tabb Christina | $100,000 | |
| Previous Owner | Tabb Christina | $326,000 | |
| Previous Owner | Tabb Christina | $45,000 | |
| Previous Owner | Tabb Christina | $30,000 | |
| Previous Owner | Tabb Christina | $283,000 | |
| Previous Owner | Tabb Christina | $255,000 | |
| Closed | Tabb Christina | $60,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/27/2023 10/27/23 | Sold | $1,300,000 | -23.5% | $607 / Sq Ft |
| 08/29/2023 08/29/23 | Pending | -- | -- | -- |
| 04/24/2023 04/24/23 | For Sale | $1,699,000 | -- | $793 / Sq Ft |
Source: MLSListings
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2023 | $19,907 | $1,475,324 | $1,203,009 | $272,315 |
| 2022 | $19,728 | $1,446,397 | $1,179,421 | $266,976 |
| 2021 | $19,359 | $1,418,038 | $1,156,296 | $261,742 |
| 2020 | $18,821 | $1,403,499 | $1,144,440 | $259,059 |
| 2019 | $18,582 | $1,375,980 | $1,122,000 | $253,980 |
| 2018 | $1,667 | $126,245 | $45,051 | $81,194 |
| 2017 | $1,631 | $123,770 | $44,168 | $79,602 |
| 2016 | $1,191 | $121,344 | $43,302 | $78,042 |
| 2015 | $1,162 | $119,522 | $42,652 | $76,870 |
| 2014 | $731 | $117,182 | $41,817 | $75,365 |
Source: Public Records
Agents Affiliated with this Home
-
-
Buyer's Agent in 2023
Jake Gipson
Compass
(408) 206-3585
2 in this area
22 Total Sales
-
K
Buyer's Agent in 2023
Kelley King
HomeSmart Realty West
(760) 607-5900
Map
Similar Homes in the area
Source: MLSListings
MLS Number: ML81925795
APN: 279-02-002
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