Bay Area Home Sales - Annemarie Heynig
1/6
Listing Courtesy Of: Sunrise Value Investments, 650-823-1861, Wei Liu
Listing Sold By: Coldwell Banker Realty
Local Realty Services Provided By: Keller Williams Realty- Silicon Valley
Overview
What It'll Cost
Neighborhood
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$3,580,000
972 Elm Street, San Jose, CA 95126
.44 ac
$3,580,000

972 Elm Street, San Jose, CA 95126

Estimation provided by Keller Williams Realty Inc.
.44 ac
Sold
Sold

Property Description

Prime investment opportunity to redevelop an approximately .44 acre parcel. Recently entitled for 8 single family homes in the College Park neighborhood of San Jose. Plans for each dwelling are for 4 bedrooms with 3.5 or 4 bathrooms.
* Possible plan of up to 13 dwelling units (city approved density of 30 units/acre).
* No low-income fee.
* Flat rectangle lot with utilities on site.
* CEQA is cleared; no remediation requirements; all other conditions have been cleared with City; straightforward project.
* Located in the college park area with easy access to numerous amenities.
* 4 minutes walk distance to Bellarmine College Preparatory, Bay Area best boys private high school.
* 15 minutes walk distance to Google proposed 80 acres campus

Property Details

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Overview
Property Type
Residential Development Land
Days on Site
75 Days
Parking
No
Keller Williams Santa Clara Valley
Keller Williams Santa Clara Valley
02203181

Activity History

VIEWS
0
SAVES
0
SHARES
0
Data provided by Keller Williams Realty, Inc.
Upcoming Open Houses
No open houses are currently scheduled for this property. Don't worry - you can always schedule a tour, or get additional help from your agent.

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Purchase Price: $3,580,000
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Price & Tax History

Date
Event
Price
01/23/2025
Price Increase
$3,880,000
(+387,999,900%)
$8,899,083/ac
01/07/2025
Listed
$1
(-100%)
$2/ac
02/18/2020
Sold
$2,360,000
$5,412,844/ac
Year
Property Tax
Assessed Value
Assessed Value is a combination of the land and additions.
2023
$30,118
(+2.59%)
$2,480,778
Land 2,476,785 + Additions 53,608
2021
$29,357
(+1,059.22%)
$2,432,136
Land 2,380,609 + Additions 51,527
2020
$2,532
(+3.26%)
$2,384,448
Land 2,333,931 + Additions 50,517
2019
$2,452
(+2.01%)
$111,147
Land 54,265 + Additions 56,882
2018
$2,404
(+7.74%)
$108,968
Land 53,201 + Additions 55,767
2016
$2,232
$104,738
Land 51,136 + Additions 53,602
The Property History data displayed is obtained from public records and/or MLS feeds from the local jurisdiction in which the applicable property is located. As kw.com cannot guarantee that all public records and MLS data is accurate and error-free, it is important that you contact your agent directly in order to obtain the most up-to-date information available.

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Transit & Commute

Estimated commute times from College Park
Car-Dependent Walkable Very Walkable
Keller Williams Santa Clara Valley
Keller Williams Santa Clara Valley
02203181

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