NOT LISTED FOR SALE

1048 Monroe St Unit 309 Santa Clara, CA 95050

Downtown Santa Clara Neighborhood

Estimated Value: $1,529,000 - $1,622,000

4 Beds
4 Baths
2,554 Sq Ft
$507/mo HOA Fee

Last Sold August 10, 2020

Last sale price $1,370,000 $536 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $10,446/month

34 Days on Market

Highlights

  • Fitness Center
  • Gated Community
  • Recreation Facilities
  • C. W. Haman Elementary School Rated A-
  • Clubhouse
  • 3-minute walk to Fremont Park

About This Home

As of August 2020

Location! Rare opportunity to buy a Luxury Penthouse Condo in the future Santa Clara Downtown! A Must See! This huge upgraded 4 bedroom, 4 bathroom unit + two office spaces provides a peaceful refuge in the heart of Silicon Valley. Walking distance to Santa Clara University. OPEN living and dining layout with natural light from large windows throughout. A modern KITCHEN with Quartz countertops/ bar, high-end appliances/refrigerator, LUXURIOUS finishes with $70k+ upgrades throughout this home. Hardwood floor, carpeted bedroom, tiled bathroom, separate laundry room, central heating and air conditioning and much more! SECURED access entry and garage, elevators, fitness center, BBQ and interior courtyard. EV chargers on site! All this is located near major Silicon Valley employers - Apple, Google, Nvidia, Intel and Facebook. Easy access to major Highways

Last Agent to Sell the Property

Catherine Zhang

Goodview Financial & Real Estate License #01954913 Listed on: 06/26/2020

Last Buyer's Agent

Catherine Zhang

Goodview Financial & Real Estate License #01954913 Listed on: 06/26/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,983

Year Built

  • 2019

Lot Details

  • 2,570

HOA Fees

  • $507 Monthly HOA Fees

Parking

  • Subterranean Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Composition Roof

Interior Spaces

  • 2,554 Sq Ft Home
  • Dining Area
  • Security Gate
  • Laundry in unit

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 4 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, fencing, gas, insurance - common area, insurance - hazard, insurance - liability, insurance - structure, maintenance - common area, maintenance - exterior, reserves, roof, sewer
  • 44 Units
  • Downtown Gateway Association

Amenities

  • Trash Chute
  • Clubhouse
  • Common Utility Room
  • Elevator

Recreation

  • Recreation Facilities
  • Fitness Center

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,983

Year Built

2019

Lot Details

0

HOA Fees

$507 per month

Parking

2

Listing Details

  • Zoning: R
  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 1
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 44
  • Structure Sq Ft: 2554
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2019

Interior Features

  • Dining Room: Dining Area, Dining Bar
  • Kitchen: Cooktop - Gas, Garbage Disposal, Microwave, Oven - Built-In, Refrigerator
  • Living Sq Ft: 2554
  • Bedrooms: Walk-In Closet
  • Laundry: Inside
  • Flooring: Carpet, Laminate
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s)

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition, Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Underground Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Downtown Gateway Home Associatio
  • HOA Fees: 507
  • HOA Amenities: Bbq Area, Club House, Common Utility Room, Community Security Gate, Elevator, Gym / Exercise Facility, Recreation Room, Trash Chute
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Fencing, Gas, Insurance - Common Area, Insurance - Hazard, Insurance - Liability, Insurance - Structure, Maintenance - Common Area, Maintenance - Exterior, Reserves, Roof, Sewer
  • HOA Exist: Yes
  • H O A Name Text: Downtown Gateway

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Walk-In Closet

Schools

  • School District: Santa Clara Unified

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2020
Closed on
Aug 4, 2020
Sold by
Acharya Mina
Bought by
Acharya Sanjeev
Seller's Agent
Catherine Zhang
Goodview Financial & Real Estate
Buyer's Agent
Catherine Zhang
Goodview Financial & Real Estate
List Price
$1,448,888
Sold Price
$1,370,000
Premium/Discount to List
-$78,888
-5.44%
Current Estimated Value
$1,564,355

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$194,355
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
May 17, 2019
Sold by
1313 Franklin Llc
Bought by
Wang Hann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,000
Outstanding Balance
$515,940
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$1,090,076
Source: Public Records

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
Acharya Sanjeev -- Old Republic Title Company
Wang Hann $729,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Hann $582,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/10/2020 08/10/20 Sold $1,370,000 +1.5% $536 / Sq Ft
07/31/2020 07/31/20 Pending -- -- --
07/16/2020 07/16/20 Price Changed $1,350,000 -6.8% $529 / Sq Ft
06/26/2020 06/26/20 For Sale $1,448,888 -- $567 / 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
2025 $16,983 $1,482,930 $741,465 $741,465
2024 $16,983 $1,453,854 $726,927 $726,927
2023 $16,814 $1,425,348 $712,674 $712,674
2022 $16,538 $1,397,400 $698,700 $698,700
2021 $16,477 $1,370,000 $685,000 $685,000
2020 $17,885 $1,500,000 $750,000 $750,000
2019 $3,310 $262,321 $114,847 $147,474
Source: Public Records

Agents Affiliated with this Home

  • Catherine Zhang

    Seller's Agent in 2020

    Catherine Zhang

    Goodview Financial & Real Estate

    (510) 579-9722

    2 in this area

    27 Total Sales

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Map

Source: MLSListings

MLS Number: ML81798483

MLSListings

APN: 269-62-038

California Santa Clara County Santa Clara 95050 Downtown Santa Clara

1048 Monroe St Unit 309, Santa Clara, CA

This home is located at 1048 Monroe St Unit 309, Santa Clara, CA 95050 since 26 June 2020 and is currently estimated at $1,594,036, approximately $624 per square foot. This property was built in 2019. 1048 Monroe St Unit 309 is a home located in Santa Clara County with nearby schools including C. W. Haman Elementary School, Buchser Middle School, and Santa Clara High School.

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