Great development opportunity, nearly 1.5 acres ideally situated next to light rail, commercial property on one side and residential on the other. Zoned R 1-8. Many possibilities. Current house, built in 2005, has 5627 SF with 5 bedrooms, 5 baths, 3 car garage. Keep the house on a portion of the land and develop the rest, or develop all of it! This land was once part of a large orchard and some fruit trees remain. May be possible to change zoning and build mixed use development. Buyer to investigate options with the City of San Jose. Please note, the property is being prepared for the market and cannot be seen at this time, drive by only. Barn damaged by fire. The property is fenced with a locked gate. Do not go onto the site, make offer subject to inspection. No sign at property. No inspection reports available. The value is primarily in the land. Well on the property.
Sold for $10,500,000
Tax assessed value
$10,500,000
1207 N Capitol Ave, San Jose, CA 95132
5beds
5,627sqft
SingleFamily
Built in 2005
1.5 Acres Lot
$6,164,800 Zestimate®
$1,866/sqft
$7,304 Estimated rent
Home value
$6,164,800
$5.06M - $7.27M
$7,304/mo
Zestimate® history
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$66,729/mo
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 5
- Full bathrooms: 5
Heating
- Forced air, Gas
Cooling
- Central
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Trash compactor, Washer
- Laundry: Upper Floor, Washer / Dryer
Features
- Flooring: Tile, Hardwood
- Has fireplace: Yes
Interior area
- Total interior livable area: 5,627 sqft
Property
Parking
- Parking features: Garage - Attached
Lot
- Size: 1.5 Acres
Details
- Parcel number: 24505015
Construction
Type & style
- Home type: SingleFamily
Materials
- wood frame
- Roof: Tile
Condition
- Year built: 2005
Utilities & green energy
- Utilities for property: Public Utilities
Community & HOA
Community
- Security: Security Alarm
Location
- Region: San Jose
Financial & listing details
- Price per square foot: $1,866/sqft
- Tax assessed value: $10,500,000
- Annual tax amount: $131,724
Price history
| Date | Event | Price |
|---|---|---|
| 11/12/2024 | Sold | $10,500,000+332.1%$1,866/sqft |
Source: Public Record Report a problem | ||
| 10/15/2020 | Sold | $2,430,000+1.3%$432/sqft |
Source:  MLSListings Inc #ML81808656 Report a problem | ||
| 9/9/2020 | Pending sale | $2,400,000$427/sqft |
Source: Sereno Group #ML81808656 Report a problem | ||
| 9/9/2020 | Listed for sale | $2,400,000$427/sqft |
Source: Sereno Group #ML81808656 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $131,724 +295.4% | $10,500,000 +307.2% |
| 2024 | $33,311 +1.3% | $2,578,734 +2% |
| 2023 | $32,875 +0.3% | $2,528,172 +2% |
| 2022 | $32,781 +2.9% | $2,478,600 +2% |
| 2021 | $31,872 +66.3% | $2,430,000 +65.4% |
| 2020 | $19,161 | $1,469,205 +2% |
| 2019 | $19,161 +5.2% | $1,440,398 +2% |
| 2018 | $18,209 | $1,412,156 +2% |
| 2017 | $18,209 -1.4% | $1,384,468 +2% |
| 2016 | $18,467 +5.8% | $1,357,323 +1.5% |
| 2015 | $17,453 +6.5% | $1,336,936 +2% |
| 2014 | $16,384 | $1,310,749 +0.5% |
| 2013 | -- | $1,304,827 +2% |
| 2012 | -- | $1,279,243 +2% |
| 2011 | -- | $1,254,161 +0.8% |
| 2010 | -- | $1,244,789 -0.2% |
| 2009 | -- | $1,247,747 +2% |
| 2008 | -- | $1,223,282 +2% |
| 2007 | -- | $1,199,297 +2% |
| 2006 | -- | $1,175,782 +178.6% |
| 2005 | -- | $421,983 +572.7% |
| 2004 | -- | $62,730 +1.9% |
| 2003 | -- | $61,581 |
Find assessor info on the county website
Neighborhood: Berryessa
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Nearby schools
GreatSchools rating
- 7/10Summerdale Elementary SchoolGrades: K-5Distance: 0.6 mi
- 8/10Sierramont Middle SchoolGrades: 6-8Distance: 1.1 mi
- 6/10Independence High SchoolGrades: 9-12Distance: 1.3 mi
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Estimated market value
$6,164,800
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$6,164,800
- California
- Santa Clara County
- San Jose
- 95132
- Berryessa
- 1207 N Capitol Ave
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