12 days on rocket

981 Wallace Dr, San Jose, CA, 95120

$1,949,000

Home List Price

$10,000*

Closing Credit

4 Bedrooms
2 Full Baths, 1 Partial
2,050 SqFt
$951/SqFt
House
Schools Nearby

Location

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981 Wallace Dr, San Jose$1,949,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingGated
Attached Garage2 spaces
Year Built1965
HeatingCentral
CoolingCentral Air
FireplaceFamily Room
MLS #ML81965137
Lot Size0.14 Acres
StatusActive

About 981 Wallace Dr

This stunning home has a spectacular location! Remodeled 4 bedroom, 2.5 bath, with a private oasis back yard nestled near the hills of Almaden Valley. Elegant and filled with light, offering a 6,098 SF lot with 2,050 SF of exquisitely crafted 2-level home on a quiet street in the highly sought zip code of 95120 of San Jose. This exquisite home features gleaming hardwoods, a formal dining room, an ample living room, a stunning chef's kitchen with custom counters, cabinets, and stainless appliances, a pantry, and views to captivate. The spacious family room looks out to the expansive private sanctuary, with a sunny deck, serene in-ground pool, shaded patio, and picturesque vistas of the surrounding foothills with gated access to the walking trail on Alamitos Creek. The upstairs has custom storage, three guest rooms, and a generous primary suite with a private deck where you can enjoy sunrise coffee or sunset meditation in natural surroundings. Ideally situated near dining and shopping at Westfield Oakridge Mall, endless outdoor recreation at Almaden Lake Park, Quicksilver hiking trails, and day trips to multiple wineries, with easy access to 85, 87, and 101. This home offers an unrivaled opportunity to create your dream life and epitomizes California living at its best!

Property Details

Property Features

Property Information:

  • Year Built: 1965
  • Stories: 2
  • Living Area: 2,050 SqFt

Listing Office:

  • Office Name: KW Bay Area Estates
  • Office Phone: (408) 560-9000
  • Listing Agent: Mario Ramirez

Interior Features

Interior Information:

  • Fireplace: Family Room

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 2
  • Total Bedroom Count: 4

Exterior Features

Parking Information:

  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Parking: Gated

Lot Features

Lot Information:

  • Lot Size: 0.14 Acres

Utilities

Utilities Information:

  • Heating: Central
  • Cooling: Central Air

School Info

Assigned Schools Information:

  • Leland High School, Public District Grades 9-12
  • Bret Harte Middle School, Public District Grades 6-8
  • Simonds Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: Cross Street: Redmond Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,949,000
  • Price Per SqFt: $951/SqFt

Tax Information:

  • Annual Amount: $2,536
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Jose, CA.

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San Jose, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$849

Avg. Days On Market

12

# of Sold Homes

563

981 Wallace Dr vs San Jose

12 DAYS ON ROCKET

-0 Day

$1,949,000

+$594.4K More

$951/SqFt

+$102 More

KEY TAKEAWAY

This property is $594.4K more than the Median Sold Price and $102/SqFt more than other homes in San Jose, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #ML81965137

Listing Office:

  • Office Name: KW Bay Area Estates
  • Office Phone: (408) 560-9000
  • Listing Agent: Mario Ramirez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/23/2024, 5:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$2,536$112,635
2020$2,535$111,481
2019$2,407$109,296
2018$2,407$107,154
2017$2,371$105,054

History based on county public records data.

Payment Calculator

$9,795

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,910

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-529149
8
/10

  • Simonds Elementary School

  • 6515 Grapevine Way

  • 0.71 miles

  • Public District Grades KG-5

Middle School

school-card-donut-529150
8
/10

  • Bret Harte Middle School

  • 7050 Bret Harte Dr

  • 1.24 miles

  • Public District Grades 6-8

High School

school-card-donut-529151
9
/10

  • Leland High School

  • 6677 Camden Ave

  • 1.03 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $134,906. The majority of San Jose, CA residents have income $200k+ annually. Residents typically live in married, no kids family. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 981 Wallace Dr

What is the listing price of this property?

The listing price of 981 Wallace Dr property is $1,949,000.

What type of property is this?

The property 981 Wallace Dr is a house located in San Jose, California, 95120.

Is this property for sale now?

Active Listing: 981 Wallace Dr is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 981 Wallace Dr are:
Simonds Elementary School: GreatSchools Rating 8/10
Bret Harte Middle School: GreatSchools Rating 8/10
Leland High School: GreatSchools Rating 9/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $2,536 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 981 Wallace Dr has 4 bedrooms and 2 full and 1 half bathrooms.

What is the square footage of this property?

The property 981 Wallace Dr is 2,050 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 981 Wallace Dr is 1965.

Rocket Homes›California›Santa Clara County›San Jose›95120›981 Wallace Dr

This home is located at 981 Wallace Dr in San Jose, CA and zip code 95120 in the Almaden Valley neighborhood. This 2,050 square foot home, which was built in 1965, sits on a 0.14 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since May 11, 2024 and is currently priced at $1,949,000.

While more than 427 listings in San Jose, CA in April 2024 were sold above asking price, there were more than 48 listings sold at asking price, and more than 66 were sold below. The inventory of homes for sale in San Jose, CA between March 2024 and April 2024 increased by 21.4%. In April 2024 median list price was $1,354,548 and the average listing age was 12 days.

From Rocket Homes Real Estate and based on county public records data.

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