NOT LISTED FOR SALE

Estimated Value: $663,000 - $722,000

1 Bed
1 Bath
860 Sq Ft
$517/mo HOA Fee

Last Sold July 05, 2024

Last sale price $685,000 $797 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,879/month

86 Days on Market

Highlights

  • Quartz Countertops
  • Breakfast Bar
  • Forced Air Heating and Cooling System
  • C. W. Haman Elementary School Rated A-
  • Secured Garage or Parking
  • 3-minute walk to Fremont Park

About This Home

As of July 2024

This 5 years new condo provides a peaceful sweet home in the heart of Silicon Valley. OPEN living and dining layout. The view from living room looks directly at Franklin Square where there is a farmer's market every Saturday morning. A modern KITCHEN with Quartz countertop, include all features if you want high-end appliances/refrigerator. Separate laundry room with Whirlpool washer/dryer, double pane windows with fully natural light, fantastic bathroom with double sink, central heating and A/C, whole building WATER SOFTENER system and much more! SECURED access entry and garage, elevators, fitness center, BBQ and interior courtyard. All this is located near major Silicon Valley employers - Apple, Google, Nvidia, Intel and Facebook. Walking distance to Santa Clara University. Easy access to major Highways. Walking distance to Fremont Park and senior center. You will fall in love with this beautiful turn key home and enjoy new life here!

Last Agent to Sell the Property

Michelle Lin

Coldwell Banker Realty License #02078531 Listed on: 03/12/2024

Coldwell Banker Realty

Last Buyer's Agent

Chloe See

Compass License #02039460

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,765

Year Built

  • Built in 2019

Lot Details

  • 828

HOA Fees

  • $517 Monthly HOA Fees

Home Design

  • Flat Roof Shape
  • Concrete Perimeter Foundation

Interior Spaces

  • 860 Sq Ft Home
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Parking

  • 1 Carport Space
  • Secured Garage or Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, garbage, gas, hot water, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - unit yard, management fee, reserves, roof, sewer
  • Downtown Gate Way Home Owner Association

Listing and Financial Details

  • Assessor Parcel Number 269-62-024

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,765

Year Built

Built in 2019

Lot Details

0

HOA Fees

$517 per month

Listing Details

  • Subclass: Condominium
  • Age: 5
  • Listing Class: Residential
  • Structure Sq Ft: 860
  • Year Built: 2019
  • Zoning Description: PD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room, Dining Bar
  • Kitchen: Countertop - Quartz, Microwave, Oven Range
  • Living Sq Ft: 860
  • Security: Secured Garage / Parking, Security Building
  • Laundry: Dryer, Inside, Washer
  • Flooring: Laminate
  • Maximum Numberof Bedrooms: 1
  • Minimum Numberof Bedrooms: 1
  • Full Bathrooms: 1
  • Total Bedrooms: 1

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Flat / Low Pitch

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Underground Parking
  • Carport Min: 1

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 517
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Gas, Hot Water, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Unit Yard, Management Fee, Reserves, Roof, Sewer
  • H O A Name Text: Downtown Gate Way Home Owner Association
  • H O A Exist: Yes

Schools

  • School District: Santa Clara Unified

Lot Info

  • Parcel Number: 269-62-024

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Clara Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2024
Closed on
Jun 25, 2024
Sold by
Cao Michael and Chuong Thi Ngoc
Bought by
Torf Sebastian
Seller's Agent
Michelle Lin
Coldwell Banker Realty
Buyer's Agent
Chloe See
Compass
List Price
$779,999
Sold Price
$685,000
Premium/Discount to List
-$94,999
-12.18%
Total Days on Market
86
Views
93
Current Estimated Value
$700,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,051
Avg. Annual Appreciation
2.34%
Original Mortgage
$485,000
Outstanding Balance
$481,295
Interest Rate
6.94%
Mortgage Type
New Conventional
Estimated Equity
$218,756

Purchase Details

Closed on
Jul 27, 2021
Sold by
Cao Michael
Bought by
Cao Michael and Chuong Thi Ngocthuy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,500
Interest Rate
2.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 2, 2019
Sold by
1313 Franklin Llc
Bought by
Cao Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$446,865
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Torf Sebastian $685,000 Fidelity National Title
Cao Michael -- Chicago Title Company
Cao Michael $662,000 Old Republic Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torf Sebastian $485,000
Previous Owner Cao Michael $431,500
Previous Owner Cao Michael $442,000
Previous Owner Cao Michael $446,865
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/05/2024 07/05/24 Sold $685,000 +0.7% $797 / Sq Ft
06/07/2024 06/07/24 Pending -- -- --
06/06/2024 06/06/24 Price Changed $680,000 -6.7% $791 / Sq Ft
05/20/2024 05/20/24 Price Changed $729,000 -6.5% $848 / Sq Ft
03/12/2024 03/12/24 For Sale $779,999 -- $907 / 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 $7,765 $660,000 $330,000 $330,000
2023 $7,722 $650,000 $325,000 $325,000
2022 $8,291 $695,735 $347,868 $347,867
2021 $8,260 $682,095 $341,048 $341,047
2020 $8,109 $675,101 $337,551 $337,550
2019 $3,310 $262,321 $114,847 $147,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81962709

MLSListings

APN: 269-62-024