tomo logo

$2,348,888

Beds
3
Baths
1.5
sq ft
1,896

1133 Piedmont Rd, San Jose, CA 95132

1133 Piedmont Rd

San Jose, CA 95132

  • 59 days on market
    • Price drop $151,112↓
New Price Adjustment!!!! Welcome to a wonderful development opportunity. The property according to Relist is 19,695 sq ft lot Located in the heart Berryessa with Piedmont elementary and middle schools. The zoning is R1-8 which equates to a minimum lot size of 5445 sq ft per home. Which would allow for up to 3 single family homes with ADU's and JADU's for each new home. This is a rare opportunity that does not come up often there are fewer and fewer properties that can be subdivided or that are able to be developed in North San Jose and the bay area don't let this boutique infill development opportunity get away. Elevations and renderings coming soon. There is a lot of demand for a preschool in the area. The property is currently being used as a preschool center with a conditional use permit.

Details

Property type

Single Family Residence

Est. home value

$2,223,635

Lot size

0.4528 acres

Price per sq ft

$1,239

Year built

1954

HOA

No

Price History

03/27/2025
BridgeMLS

BridgeMLS #ML81992005

Price change
$2,348,888
-6.04%
01/28/2025
BridgeMLS

BridgeMLS #ML81992005

Listed
$2,500,000

Schools & Community

Neighborhood: 

Berryessa

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

East Side Union High

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$1,982,673
Asking price
$2,348,888
Closing costs (~8% of asking)
-$187,911
Est. remaining loan balance
-$178,304
Cash to seller
$1,982,673

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Interbay Funding Llc

Loan start date

December 2006

Original loan amount

$370,000

Est. remaining balance

$178,304

Interest rate

6.4%

Loan type

Not Provided, 26 year

Seller

Chaitanya Vaidya and Charulata Vaidya

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 03/29/2025 at 12:15 AM

Listing updated: 03/27/2025 at 6:40 AM

Listed by: Martin Quintana, eXp Realty of California Inc Phone #: (408) 209-6542

MLS: BridgeMLS #ML81992005

BridgeMLS logo

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