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Payne Ave

San Jose, CA 95117

5 bd 2,085 sqft Built 1961 Lot 7,188 sqft multi_family
Most recent sale
$1,810,000
Jul 11, 2022

Location

Timeline: Sale, Listing & Tax History

Recorded events

DateEventPriceSource
Jul 11, 2022 Sold $1,810,000 MLS #ML81888777
Apr 26, 2022 Listed $1,648,000 MLS #ML81888777
Jul 9, 2020 Sold $1,298,500 Public Record
Apr 13, 2017 Sold $1,150,000 Public Record

Tax assessment history

YearBuildingLandTotal assessedTax paid
2025 $478,584 $1,404,540 $1,883,124 $25,929
2024 $478,584 $1,404,540 $1,883,124 $25,281
2023 $460,000 $1,350,000 $1,810,000 $24,960
2022 $304,062 $1,020,000 $1,324,062 $19,019
2021 $298,100 $1,000,000 $1,298,100 $18,670
2020 $275,914 $944,475 $1,220,389 $17,438
2019 $270,504 $925,956 $1,196,460 $16,795
2018 $265,200 $907,800 $1,173,000 $16,383
2017 $51,136 $23,265 $74,401 $2,827
2016 $50,134 $22,809 $72,943 $2,656
2015 $49,381 $22,467 $71,848 $2,618
2014 $48,414 $22,027 $70,441 $1,728
2013 $48,196 $21,928 $70,124 $1,709
2012 $47,251 $21,499 $68,750 $1,697
2010 $46,325 $21,078 $67,403 $1,652
2009 $46,089 $20,971 $67,060 $1,624
2008 $45,186 $20,560 $65,746 $1,416
2007 $44,300 $20,157 $64,457 $1,371

Property facts

Year built
1961
Property type
multi_family
Stories
1
Beds
5
Baths
Living area
2,085 sqft
Lot size
7,188 sqft
ZIP code
95117
City
San Jose
Street
Payne Ave
Coordinates
37.30179, -121.95947

Comparable properties nearby

Investment analysis

Estimates based on local averages — not personalized advice
Estimated monthly rent
$6,672
Gross rental yield
4.42%
Implied cap rate
2.88%
Trend-extrapolated value

Frequently asked questions

When did Payne Ave last sell?
Payne Ave most recently sold on Jul 11, 2022 for $1,810,000.
What is the current tax assessment for Payne Ave?
The most recent total assessment for Payne Ave (year 2025) is $1,883,124 with $25,929 in property tax.
How does Payne Ave's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,810,000.
When was Payne Ave built?
Payne Ave was built in 1961.
How does Payne Ave compare to others on Payne Ave?
We track 8 other properties on Payne Ave. Browse the list under "Other properties on Payne Ave" to compare beds, baths, and sale history.
What are the property facts for Payne Ave?
Payne Ave is a 5 bed, 2,085 sqft, 7,188 sqft lot multi_family.
Is Payne Ave a flip candidate?
No — Payne Ave does not appear in our flips dataset.
Is Payne Ave a tax-appeal candidate?
No — Payne Ave is not currently flagged as a tax-appeal candidate.

Forecast for this area

ZIP-area linear projection — not a per-property automated valuation
Quarterly trend
+1.7%
Implied 1-yr
+6.6%
2025 Q3
$2.39M
2025 Q4
$2.43M
ZIP 95117 — Median Price History + Forecast

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