Large Location Icon

987 Wallace Dr; San Jose, CA Property Details

987 Wallace Dr, San Jose, CA is a Single Family that was built in 1965. This property is currently Financed and is not for sale. Our records show that 987 Wallace Dr has 4 bedrooms, and 2.5 bathrooms, and a total of 2,050 square feet. The lot size of 987 Wallace Dr is 6,300 square feet.

Off market
987 Wallace Dr San Jose, CA 95120
$1,432,000 Listing Price
4 Beds
2.5 Baths
2,050 SqFt
Property Details

Summary

  • Purchase Method: Financed
  • Owners / Type: 2 / Multiple
  • Owner Status: Multiple
  • Year Built: 1965
  • Purchase Price: $1,432,000
  • Open Loans / Balance: 1 / $866,678
  • Est. Equity / %: $1,183,322 / 57.72%
  • Gross Yield: 3.685%
  • APN: 696-15-033
  • Situs County: Santa Clara
  • Length Of Ownership: 9 years, 5 months

Rooms

  • Bedrooms: 4
  • Bathrooms: 2.5
  • Full Bathrooms: 2
  • Total Rooms: 9
  • Partial Bathrooms: 1

Structure

  • Building Style: Wood
  • Stories: 2
  • Exterior Wall Type: Stucco
  • Building Condition: Average
  • Building Quality: C
  • Roof Cover Type: Composition Shingle
  • Sewer Type: Municipal
  • Water Source: Municipal

Measurements

  • Total: 2,050/SqFt
  • Lot: 6,300/SqFt
  • Gross: 2,050/SqFt
  • Garage: 457/SqFt
  • Living: 2,050/SqFt
  • Building: 2,050/SqFt
  • Ground: 1,095/SqFt
  • Price Per Square Foot: $698.54

Legal Description

  • Description: TRACT 3786 BOOK 192 PAGE 32 LOT 68
Building Insights

Land Information

  • Property Type: Single Family
  • Within Flood Zone: True
  • Flood Zone: AE / High Risk
  • School District: San Jose Unified School District
  • Lat / Lon: 37.227303 / -121.85928
  • Subdivision: Tract No 3786
  • Property Class: Residential
  • Zoning: R1-8
  • County Use Code: 01

Amenities

  • Heating Fuel Type: Gas
  • Plus Four: 1849
  • Fireplaces: 1
  • Garage: Garage
  • Heating: Yes
  • Parking: 2

Ownership Info

987 Wallace Dr has no associated ownership info
987 Wallace Dr has no associated ownership info.

Taxes

987 Wallace Dr has 7 associated Taxes items

987 Wallace Dr, San Jose, CA pays taxes in Santa Clara County, CA. The most recent tax assessment records are from 2026 and show that the current assessed value of the property is $1,858,192. The APN we've located for 987 Wallace Dr is 696-15-033.

Unlock the full report
Taxes
  • Assessed Value:  $1,858,192
  • Assessed Year:  2026
  • Assessed County:  Santa Clara
  • APN:  696-15-033
  • Assessed Land Value:  947036
  • Tax Amount:  21619.68
  • Tax Year:  2025

Tax History

987 Wallace Dr has 13 associated Tax History items
YearAssessed ValueLand ValueImprovement ValueTax AmountChange RateAssessed CRTax Rate
Year 2026 Assessed Value $1,858,192 Land Value $947,036 Improvement Value $911,156 Tax Amount Change Rate Assessed CR Tax Rate
Year 2025 Assessed Value Land Value Improvement Value Tax Amount $21,619.68 Change Rate +0.0656% Assessed CR Tax Rate
Year 2024 Assessed Value $1,629,367 Land Value $910,262 Improvement Value $719,105 Tax Amount $20,288.74 Change Rate +0.017852% Assessed CR Tax Rate +0.012452%
Year 2023 Assessed Value $1,597,419 Land Value $892,414 Improvement Value $705,005 Tax Amount $19,932.9 Change Rate +0.009301% Assessed CR Tax Rate +0.012478%
Year 2022 Assessed Value $1,566,098 Land Value $874,916 Improvement Value $691,182 Tax Amount $19,749.22 Change Rate +0.018751% Assessed CR Tax Rate +0.01261%
Year 2021 Assessed Value $1,535,391 Land Value $857,761 Improvement Value $677,630 Tax Amount $19,385.72 Change Rate +0.021053% Assessed CR Tax Rate +0.012626%
Year 2020 Assessed Value $1,519,648 Land Value $848,966 Improvement Value $670,682 Tax Amount $18,986 Change Rate +0.020816% Assessed CR Tax Rate +0.012494%
Year 2019 Assessed Value $1,489,852 Land Value $832,320 Improvement Value $657,532 Tax Amount $18,598.84 Change Rate +0.027038% Assessed CR Tax Rate +0.012484%
Year 2018 Assessed Value $1,460,640 Land Value $816,000 Improvement Value $644,640 Tax Amount $18,109.2 Change Rate +0.666084% Assessed CR Tax Rate +0.012398%
Year 2017 Assessed Value $770,740 Land Value $423,908 Improvement Value $346,832 Tax Amount $10,869.32 Change Rate +0.018556% Assessed CR Tax Rate +0.014102%
Year 2016 Assessed Value $755,629 Land Value $415,597 Improvement Value $340,032 Tax Amount $10,671.3 Change Rate +0.006345% Assessed CR Tax Rate +0.014122%
Year 2015 Assessed Value $744,280 Land Value $409,355 Improvement Value $334,925 Tax Amount $10,604.02 Change Rate +0.092601% Assessed CR Tax Rate +0.014247%
Year 2014 Assessed Value $729,702 Land Value $401,337 Improvement Value $328,365 Tax Amount $9,705.3 Change Rate Assessed CR Tax Rate +0.0133%