NOT LISTED FOR SALE

1048 Monroe St Unit 322 Santa Clara, CA 95050

Downtown Santa Clara Neighborhood

Estimated Value: $1,239,000 - $1,396,033

3 Beds
3 Baths
1,559 Sq Ft
$466/mo HOA Fee

Last Sold June 21, 2021

Last sale price $1,205,000 $773 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,181/month

3 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • High Ceiling
  • C. W. Haman Elementary School Rated A-
  • Clubhouse
  • 3-minute walk to Fremont Park

About This Home

As of June 2021

Sophisticated 2 year old condo that is convenient to Santa Clara University & shopping. Well appointed and flexible floor plan with natural lighting throughout. Spacious kitchen with gas stove & stainless appliances open to the generous size living room & dining area. First floor bedroom with full bathroom, ideal for guest or home office. Huge primary bedroom suite with walk-in closet. Separate laundry room with full size washer and dryer. Custom finished throughout complete this desirable condo in a coveted security building with elevator and sunny common area.

Last Agent to Sell the Property

Royce Cablayan

Christie's International Real Estate Sereno License #01062078 Listed on: 05/21/2021

Christie's International Real Estate Sereno

Last Buyer's Agent

Suman Mirchandani

Intero Real Estate Services License #02027834

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,869

Year Built

  • 2019

Lot Details

  • 1,786

HOA Fees

  • $466 Monthly HOA Fees

Home Design

  • Slab Foundation

Interior Spaces

  • 1,559 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Dining Area

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Parking

  • Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • Electric Gate
  • Assigned Parking

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance - liability, maintenance - common area, reserves, roof, unit coverage insurance
  • 44 Units
  • Downtown Gateway Association

Amenities

  • Clubhouse
  • Elevator

Recreation

  • Fitness Center

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,869

Year Built

2019

Lot Details

0

HOA Fees

$466 per month

Listing Details

  • Zoning: PD
  • Subclass: Condominium
  • Restrictions: Pets - Allowed
  • Age: 2
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 44
  • Structure Sq Ft: 1559
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2019

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1559
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Utility Room, Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower Over Tub - 1, Stall Shower - 2+, Tile, Updated Bath

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Electric Gate, Gate / Door Opener
  • Carport Min: 2

Utilities

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

Condo/Co-op/Association

  • Complex Name: Downtown Gateway HOA
  • HOA Fees: 466
  • HOA Amenities: Bbq Area, Club House, Elevator, Gym / Exercise Facility
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Liability, Maintenance - Common Area, Reserves, Roof, Unit Coverage Insurance
  • HOA Exist: Yes
  • H O A Name Text: Downtown Gateway

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • School District: Santa Clara Unified
  • Elementary School: C. W. Haman Elementary
  • Middle School: Buchser Middle
  • High School: Santa Clara High
  • High School: 408
  • Elementary School: 389
  • Middle School: 406

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 21, 2021
Closed on
Jun 15, 2021
Sold by
Hwang Paul and Hwang Annette
Bought by
Shetty Abhinaya Babu and Desai Himay Jesal
Seller's Agent
Royce Cablayan
Christie's International Real Estate Sereno
Buyer's Agent
Suman Mirchandani
Intero Real Estate Services
List Price
$1,188,000
Sold Price
$1,205,000
Premium/Discount to List
$17,000
1.43%
Current Estimated Value
$1,372,059

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,059
Avg. Annual Appreciation
2.62%
Original Mortgage
$262,029
Outstanding Balance
$238,372
Interest Rate
2.93%
Mortgage Type
New Conventional
Estimated Equity
$1,103,386

Purchase Details

Closed on
May 7, 2019
Sold by
1313 Franklin Llc
Bought by
Hwang Paul and Hwang Annette
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
Shetty Abhinaya Babu $1,205,000 Chicago Title Company
Hwang Paul $1,200,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shetty Abhinaya Babu $87,000
Open Shetty Abhinaya Babu $262,029
Closed Shetty Abhinaya Babu $262,029
Open Shetty Abhinaya Babu $822,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2021 06/21/21 Sold $1,205,000 +1.4% $773 / Sq Ft
05/25/2021 05/25/21 Pending -- -- --
05/21/2021 05/21/21 For Sale $1,188,000 -1.0% $762 / Sq Ft
09/12/2019 09/12/19 Sold $1,200,000 -8.3% $770 / Sq Ft
08/29/2019 08/29/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $1,308,396 -- $839 / 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 $14,869 $1,304,328 $652,164 $652,164
2024 $14,869 $1,278,754 $639,377 $639,377
2023 $14,869 $1,253,682 $626,841 $626,841
2022 $14,478 $1,229,100 $614,550 $614,550
2021 $14,595 $1,212,432 $606,216 $606,216
2020 $14,330 $1,200,000 $600,000 $600,000
2019 $3,311 $262,354 $114,877 $147,477
Source: Public Records

Agents Affiliated with this Home

  • Royce Cablayan

    Seller's Agent in 2021

    Royce Cablayan

    Sereno Group

    (650) 224-1711

    1 in this area

    177 Total Sales

    Section Image
  • Suman Mirchandani

    Buyer's Agent in 2021

    Suman Mirchandani

    Intero Real Estate Services

    (510) 378-1852

    1 in this area

    118 Total Sales

    Section Image
  • Eddie Oberoi

    Buyer Co-Listing Agent in 2021

    Eddie Oberoi

    Intero Real Estate Services

    (408) 771-4088

    2 in this area

    340 Total Sales

    Section Image
  • Catherine Zhang

    Seller's Agent in 2019

    Catherine Zhang

    Goodview Financial & Real Estate

    (510) 579-9722

    2 in this area

    27 Total Sales

    Section Image

  • N

    Buyer's Agent in 2019

    Nancy Reynolds

    Sereno Group

    Section Image

  • A

    Buyer Co-Listing Agent in 2019

    Alex Wang

    Sereno Group

    Section Image
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Map

Source: MLSListings

MLS Number: ML81845186

MLSListings

APN: 269-62-051

California Santa Clara County Santa Clara 95050 Downtown Santa Clara

1048 Monroe St Unit 322, Santa Clara, CA

This home is located at 1048 Monroe St Unit 322, Santa Clara, CA 95050 since 21 May 2021 and is currently estimated at $1,341,758, approximately $860 per square foot. This property was built in 2019. 1048 Monroe St Unit 322 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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