NOT LISTED FOR SALE

1040 N Abbott Ave Unit 40 Milpitas, CA 95035

Estimated Value: $732,515 - $771,000

2 Beds
2 Baths
1,174 Sq Ft
1,742 Sq Ft Lot

Last Sold October 28, 2015

Last sale price $490,000 $417 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,706/month

4 Days on Market

Highlights

  • Private Pool
  • Den
  • Tile Flooring
  • Curtner Elementary School Rated A
  • Bathtub with Shower
  • 5-minute walk to Hall Memorial Park

About This Home

As of October 2015

Specious 2 bedrooms & den, 2 full baths. upstairs unit, master suite w/ walk-in closet, Granite counter top,oven/range & range hood, dishwasher, refrigerator included, washer/dryer. Large patio w/ 2 outdoor storage closets, HOA pool. Easy access to 880, 680 & 237. Close to Great Mall & McCarthy Ranch shopping. Schools are Curtner Elementary (923 API), Thomas Russell Middle (871) & Milpitas High (830). Bring your buyers & you won't be disappointed!!

Last Agent to Sell the Property

Sujata Rampur

Intero Real Estate Services License #01783497 Listed on: 09/26/2015

Intero Real Estate Services

Last Buyer's Agent

Suma Sridhar

SVK Real Estate & Associates License #01826550

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,725

Year Built

  • Built in 1979

Lot Details

  • 1,742

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,174 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Den

Kitchen

  • Oven or Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Parking

  • 1 Carport Space
  • Guest Parking

Additional Features

  • Private Pool
  • Irrigation
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 022-35-039

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, roof, unit coverage insurance, water
  • Dixon Landing Homeowners Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,725

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Age: 36
  • Listing Class: Residential
  • Structure Sq Ft: 1174
  • Year Built: 1979
  • Zoning Description: MI
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room, No Formal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Hood Over Range, Oven Range, Refrigerator
  • Living Sq Ft: 1174
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Tile
  • Additional Rooms: Den / Study / Office
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Stall Shower

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Community Facility
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Parking Features: Guest / Visitor Parking
  • Carport Min: 1

Utilities

  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 452
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Roof, Unit Coverage Insurance, Water
  • H O A Name Text: Dixon Landing Homeowners Association
  • H O A Exist: Yes

Schools

  • School District: Milpitas Unified
  • Elementary School: Curtner Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 280
  • Middle School: 291

Lot Info

  • Parcel Number: 022-35-039
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Curtner Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 26, 2015
Closed on
Oct 26, 2015
Sold by
Jethani Navin and Sojrani Vandana
Bought by
Jain Nipun and Bobra Shail
Seller's Agent
Sujata Rampur
Intero Real Estate Services
Buyer's Agent
Suma Sridhar
SVK Real Estate & Associates
List Price
$499,999
Sold Price
$490,000
Premium/Discount to List
-$9,999
-2%
Current Estimated Value
$757,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,312
Avg. Annual Appreciation
4.52%
Original Mortgage
$392,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 18, 2014
Sold by
Jethani Navin and Sojrani Vandana
Bought by
Jethani Navin and Sojrani Vandana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 22, 2014
Closed on
Apr 23, 2014
Sold by
Silva Juan
Bought by
Jethani Navin and Sojrani Vandana
Seller's Agent
John Lee
MRL Group, Inc.
Buyer's Agent
Sujata Rampur
Intero Real Estate Services
List Price
$375,900
Sold Price
$375,000
Premium/Discount to List
-$900
-0.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.39%

Purchase Details

Closed on
Mar 30, 2005
Sold by
Miguel Elmer and Miguel Sonia
Bought by
Silva Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,500
Interest Rate
4.07%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 2004
Sold by
Miguel Elmer and Miguel Sonia
Bought by
Miguel Elmer and Miguel Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
5.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 1989
Sold by
Glover Lucita S and Glover Alicial S
Bought by
Miguel Elmer and Miguel Sonia
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Jain Nipun $490,000 Chicago Title Company
Jethani Navin -- First American Title Company
Jethani Navin -- First American Title Company
Jethani Navin $375,000 Fidelity National Title Co
Silva Juan $362,000 Fidelity National Title Ins
Miguel Elmer -- Alliance Title Company
Miguel Elmer -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jam Nipun $359,600
Closed Jain Nipun $392,000
Previous Owner Jethani Navin $225,000
Previous Owner Silva Juan $327,500
Previous Owner Silva Juan $271,500
Previous Owner Miguel Elmer $224,000
Previous Owner Miguel Elmer $186,169
Closed Silva Juan $54,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/28/2015 10/28/15 Sold $490,000 -2.0% $417 / Sq Ft
10/01/2015 10/01/15 Pending -- -- --
09/26/2015 09/26/15 For Sale $499,999 +33.3% $426 / Sq Ft
04/25/2014 04/25/14 Sold $375,000 -0.2% $319 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
03/22/2014 03/22/14 For Sale $375,900 -- $320 / Sq Ft
Source: MLSListings

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,725 $568,678 $284,339 $284,339
2023 $6,705 $557,528 $278,764 $278,764
2022 $6,681 $546,598 $273,299 $273,299
2021 $6,586 $535,882 $267,941 $267,941
2020 $6,473 $530,388 $265,194 $265,194
2019 $6,400 $519,990 $259,995 $259,995
2018 $6,081 $509,796 $254,898 $254,898
2017 $6,004 $499,800 $249,900 $249,900
2016 $5,760 $490,000 $245,000 $245,000
2015 $4,564 $382,492 $191,246 $191,246
2014 $4,390 $378,000 $170,100 $207,900
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Sujata Rampur

    Intero Real Estate Services

    Section Image
  • Suma Sridhar

    Buyer's Agent in 2015

    Suma Sridhar

    SVK Real Estate & Associates

    (510) 676-7598

    3 in this area

    52 Total Sales

    Section Image
  • John Lee

    Seller's Agent in 2014

    John Lee

    MRL Group, Inc.

    (510) 219-2880

    49 Total Sales

    Section Image
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Map

Source: MLSListings

MLS Number: ML81516410

MLSListings

APN: 022-35-039

California Santa Clara County Milpitas 95035

1040 N Abbott Ave Unit 40, Milpitas, CA

This home is located at 1040 N Abbott Ave Unit 40, Milpitas, CA 95035 since 26 September 2015 and is currently estimated at $752,379, approximately $640 per square foot. This property was built in 1979. 1040 N Abbott Ave Unit 40 is a home located in Santa Clara County with nearby schools including Curtner Elementary School, Thomas Russell Middle School, and Milpitas High School.

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