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1293 McAbee Estates Place

1293 McAbee Estates Place, San Jose, CA 95120
Property in Crossgate
Sold May 25, 2021
$2,400,000
$1,920,000 by Wells Fargo Bank Na
Mortgage Due Jun 01, 2051
Sold Jun 02, 1995
$520,000
$300,000 by Nationsbanc Mtg
Mortgage Due Jun 01, 2025
Local assessors in San Jose, CA have categorized 1293 McAbee Estates Place as a residential type of property. The home was built in 1990 and is 34 years old. The property's lot size has been calculated to be 8,662 square feet. The linear feet between the front and back of the lot was measured at 1,420 ft and the front of the lot was measured at 610 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 5 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 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1293 McAbee Estates Place has a total of 3,402 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 garage for those who need a place to park their vehicle. The garage on the property is 763 sqft. There are 3 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 - B. The home's a heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1293 McAbee Estates Place was last sold in May 17, 2021 for $2,400,000. According to our calculations, that's $705.47 per sqft. Prior to that sales transaction, the property was sold for $520,000 in May 30, 1995. Current property owners are expected to pay $30,045 in taxes per year. The property on 1293 McAbee Estates Place was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $2,496,960. To break that down further, the land itself was valued at $1,623,024. While improvements to the property were assessed at a total of $873,936. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1990
  • Effective Year Built: 1990
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 763
  • Parking Space Count: 3
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 8,662
  • Lot Size Depth Feet: 1,420
  • Lot Size Frontage Feet: 610
  • Total Building Area: 3,402
  • Gross Building Area: 1,765
  • Building Area: 3,402
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 3,402
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO 8228
  • Land Acres: 0.199
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 8228 BOOK 603 PAGE 25 PAGE 26 LOT 05

Ownership

  • Current Owner : VENKATESH RAMACHANDRAN
  • Current Owner 2: VENKATESH RITU
  • Previous Owner : CHENG JUI CHANG
  • Previous Owner 2: CHENG YU LING
  • Owner Before Previous Owner: KAUK TIMOTHY BERNHARD
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: San Jose Unified School District
  • Census Tract: 511914

Zoning

  • Zoning: R1-5

Geography

  • Assessors Map Reference: 72-B4
  • Subdivision Tract Number: 8228
  • Parcel: 577-30-069
  • Lot: 5
  • Municipality: SAN JOSE
  • Latitude: 37.2261
  • Longitude: -121.877

    Address

  • Full Address: 1293 Mcabee Estates Pl
  • Address - House Number: 1293
  • Address - Street Name: Mcabee Estates
  • Address - Suffix Type: Pl
  • State: CA
  • City Name: San Jose
  • Carrier Code: C017
  • 4-Digit Zip Code: 3900
  • Zip Code: 95120

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $30,045
  • Tax Rate Code Area: 17-108

    Appraisal Valuation

  • Standard Deviation: 0.1988
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 2,619,602
  • High Value: 3,140,499
  • Low Value: 2,098,706

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,920,000
  • First Open Lien Mortgage Lender: WELLS FARGO BANK NA
  • First Open Lien Mortgage Recording Date: May 25, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $1,920,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,496,960
  • Assessed Land Value: $1,623,024
  • Assessed Improvements Value: $873,936

    Sales

  • Current Sale Contract Date: May 17, 2021
  • Current Sale Recording Date: May 25, 2021
  • Current Sale Transaction ID: 11836149571
  • Current Sale Price: $2,400,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 24974116
  • Previous Sale Recording Date: Jun 02, 1995
  • Previous Sale Contract Date: May 30, 1995
  • Previous Sale Amount: $520,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO BANK NA
  • First Mortgage Transaction Date: May 25, 2021
  • First Mortgage Loan Amount: $1,920,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: NATIONSBANC MTG
  • Previous Mortgage Transaction Date: Jun 02, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2025

About Almaden



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Frequently Asked Questions

What neighborhood is 1293 McAbee Estates Place located in?
The 1293 McAbee Estates Place is a located in the neighborhood of Crossgate in Almaden, San Jose.
What is the average sales price for listings in 1293 McAbee Estates Place?
The average sales price for units in 1293 McAbee Estates Place is $0 currently.

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