1055 Louise Ave San Jose, CA 95125

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3 beds · 1 bath · 1,213 sq ft · Lot Size: 4,950 sq ft · Single Family Home
Est. Property Value: $1,821,855

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1055 Louise Ave is in the 95125 neighborhood of San Jose, CA. It is located in Santa Clara County and ZIP code 95125. This Single Family Home was built in 1942 and is approximately 83 years old. The single family home spans 1213 sq ft with 3 bedrooms and 1 bathroom and sits on a 4950 sq ft lot. According to public records, it was sold for $175,000 and has a tax-assessed value of $1,742,400, which is $1,502 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 1055 Louise Ave San Jose, CA 95125 with Property Intel by Whitepages.

1055 Louise Ave

San Jose, CA 95125

Owner Info

Owners & Occupancy for 1055 Louise Ave

This property is owned by Sherri Dixon Morfin. Owner contact information includes 10 phone numbers and 2 email addresses.

Property Owners

OccupationOffice Manager Human Resources Purchasing Finance, Pearson Electronics, Inc.
Cell Phone(619) ***-****View Cell Phone
Residence*************
Landline(360) 832-6043
Distance from Property**********
Email Address**********@gmail.comView Email
Cell Phone(408) ***-****View Cell Phone
Residence*************
Landline(619) 447-3362
Distance from Property**********
Email Address********@pacbell.netView Email

Occupancy

Resident 1*********************** age 33
Resident 2*************
Resident 3***************** age 33

Property Financials for 1055 Louise Ave

1055 Louise Ave, San Jose, CA has a mortgage from Lender Seller (orig. January 31, 2017). The Santa Clara county assessment for 2024 values it at $1,742,400, with annual taxes of $5,785.

Mortgage & Equity Information

Loan Amount$******
LenderLender Seller
Origination DateJanuary 31, 2017
Interest Rate****%
Term30 Years
Rate TypeFixed
Est Balance$********
Due Date**************
Equity View Equity

Property Tax

Property Tax Amount$5,785 in 2024
Purchase Price$175,000
Assessed Value$1,742,400 on 2024

Investment Potential for 1055 Louise Ave

The property has a current estimated value of $1,821,855, which is 10% below the zip median, based on public records. It last sold for $175,000. Projected long-term
is $43,800 annually ($3,650 per month) with a 96% occupancy rate.

Discover more Single Family Homes in 95125.

Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
96%in 95125 zip code
 
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Property Details for 1055 Louise Ave

Property Details

Property Sq Ft

Living Area

1,213 sq ft

27% below market

Lot Size

4,950 sq ft

27% below market

Price Per Sq Ft

Living Area

$1,502 / sq ft

24% above market

Lot Size Area

$368 / sq ft

26% above market

Property condition, age, exterior, etc. for 1055 Louis…
Longitude: -121.892888 Latitude: 37.300405 Parcel Number (APN): 429-24-016…

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Market Benchmarks

Compare data for 1055 Louise Ave in Santa Clara County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$1,821,855
$639,752
$1,182,103 (185%)
$755,046
$1,199,925 (159%)
YoY Price Change
1.38%
60%
Year Built
1942
1971
-29 years
Living Space
1,213 sq ft
1,519 sq ft
-306 (-20%)
$ Per Living Sq Ft
$1,502
$420
$1,082 (257%)
Lot Size
4,950 sq ft
7,020 sq ft
-2070 (-29%)
$ Per Lot Sq Ft
$368
$88
$280 (317%)

Net Operating Income
$26,724
-$7,703 (-29%)
Annual Revenue
$43,800
$44,400
-$600 (-1%)
$14,609
$10,170 (70%)
Net Operating Income
$26,724
-$7,703 (-29%)
Cap Rate
4.21%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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