WILSON REED ANDERSEN JADE acquires 5396 Gerine Blossom Drive, San Jose, appraised at $1.78 million

The home at 5396 Gerine Blossom Drive, San Jose was sold on April 25 by STEPHENS MARK E TRUSTEE for $1.78 million.

The buyer was WILSON REED ANDERSEN JADE.

The property tax paid for this property in 2021 was $6,345. This is 0.4% of the sale price of the home.

This property is one of 602 sales in San Jose (Santa Clara County) from March 25 to April 25.

This story was found on BlockShopper.com.

The U.S. housing market has surged in recent years, with its total value approaching $50 trillion in 2024—nearly five times its value in 2000.

“The value of America’s housing market will likely cross the $50 trillion threshold in the next 12 months as there are not enough homes being listed to push prices down,” said Redfin Economics Research Lead Chen Zhao.