NOT LISTED FOR SALE

123 Parc Place Dr Unit RU2301 Milpitas, CA 95035

Estimated Value: $1,058,867 - $1,129,000

3 Beds
3 Baths
1,280 Sq Ft
$853/Sq Ft Est. Value

Last Sold December 26, 2017

Last sale price $925,200 $723 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $7,052/month

12 Days on Market

Highlights

  • Private Pool
  • Mountain View
  • High Ceiling
  • Mabel Mattos Elementary School Rated A
  • Corner Lot
  • 5-minute walk to Parc Metro West

About This Home

As of December 2017

Gorgeous Tri-Level Corner Unit located in the heart of Milpitas. Features: Central AC, Pre-wired Internet & Sound, Recessed lighting, New Carpets & Interior Paint. Lower Level has living/dining/kitchen combo & Bonus room can be used as an office/bedroom/playroom. Kitchen has granite counter tops, maple-colored cabinets, Stainless Steel dishwasher, refrigerator, gas range & microwave. Upper Level has Spacious master bedroom retreat has high ceilings, large walk-in closet, private shower and his and her's sinks. The 2nd bedroom has a bathroom en-suite. Two car garage attached on Ground level with separate laundry room. Community has pool, spa, clubhouse, guest parking & 3 neighborhood Parks. Quality schools: Zanker Elem(872 API), Rancho Middle(857), Milpitas High(830). Commuter friendly close to VTA, Future Bart, 880, 680, 237, & Montague Expwy. Location, Amenities, Schools, Accessibility make this a great place for Singles, couples or family.

Last Agent to Sell the Property

Andrew Espino

Realty Executives SV Inc. License #01415279 Listed on: 11/16/2017

Realty Executives SV Inc.

Last Buyer's Agent

Dennis W. Lau

Giant Realty License #01997415

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,940

Year Built

  • Built in 2005

Lot Details

  • 1,268 Sq Ft Lot
  • West Facing Home
  • Security Fence
  • Gated Home
  • Grass Covered Lot

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Secured Garage or Parking

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,280 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Ceiling Fan
  • Dining Area
  • Utility Room
  • Mountain Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Home Security

Outdoor Features

  • Private Pool
  • Balcony
  • Enclosed Patio or Porch

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 086-54-130

Community Details

Overview

  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, pool spa or tennis, recreation facility
  • First Service Residential/ Parcplace Association
  • Built by First Service Residential

Recreation

  • Community Pool

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,940

Year Built

Built in 2005

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 12
  • Listing Class: Residential
  • Structure Sq Ft: 1280
  • Complex Name: First Service Residential
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Oven Range - Gas, Pantry
  • Living Sq Ft: 1280
  • Stories: 3
  • Security: Fire Alarm, Secured Garage / Parking, Security Fence
  • Bedrooms: Walk-in Closet
  • Laundry: Electricity Hookup (220V), In Utility Room, Inside
  • Flooring: Carpet, Tile
  • Additional Rooms: Utility Room
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Shower and Tub, Stall Shower - 2+, Tile

Exterior Features

  • Foundation: Concrete Slab, Wood Frame
  • Pool Description: Community Facility
  • Roof: Tile
  • View: Mountains
  • Yard/Grounds: Balcony / Patio, Low Maintenance, Porch - Enclosed
  • Pool: Yes
  • Fencing: Gate
  • Property Faces: West
  • Construction Type: Concrete, Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 265
  • 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, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Recreation Facility
  • H O A Name Text: First Service Residential/ ParcPlace
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Milpitas Unified
  • Elementary School: Pearl Zanker Elementary
  • Middle School: Rancho Milpitas Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 290
  • Middle School: 283

Lot Info

  • Parcel Number: 086-54-130
  • Lot Acres: 0.0291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1267.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1267.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3
  • Unit Features: Corner Unit, Tri Level Unit

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Pearl Zanker Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2017
Closed on
Dec 21, 2017
Sold by
Chu George and Choi Tiffany
Bought by
Cheng Jeffrey K
Seller's Agent
Andrew Espino
Realty Executives SV Inc.
Buyer's Agent
Dennis W. Lau
Giant Realty
List Price
$769,000
Sold Price
$925,200
Premium/Discount to List
$156,200
20.31%
Current Estimated Value
$1,092,467

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,267
Avg. Annual Appreciation
2.16%
Original Mortgage
$423,000
Outstanding Balance
$356,221
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$736,246

Purchase Details

Closed on
May 5, 2005
Sold by
Western Pacific Housing Inc
Bought by
Chu George and Choi Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,088
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
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
Cheng Jeffrey K $925,500 Stewart Title
Chu George $660,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Jeffrey K $423,000
Previous Owner Chu George $528,088
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/26/2017 12/26/17 Sold $925,200 +20.3% $723 / Sq Ft
11/29/2017 11/29/17 Pending -- -- --
11/16/2017 11/16/17 For Sale $769,000 -- $601 / 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 $11,940 $1,052,716 $526,358 $526,358
2024 $11,940 $1,032,076 $516,038 $516,038
2023 $11,903 $1,011,840 $505,920 $505,920
2022 $11,854 $992,000 $496,000 $496,000
2021 $10,704 $890,000 $445,000 $445,000
2020 $9,977 $835,000 $417,500 $417,500
2019 $11,136 $926,000 $463,000 $463,000
2018 $10,770 $925,200 $462,600 $462,600
2017 $8,942 $754,000 $399,800 $354,200
2016 $7,968 $692,000 $366,900 $325,100
2015 $7,050 $608,000 $322,400 $285,600
2014 $6,065 $526,000 $278,900 $247,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81685076

MLSListings

APN: 086-54-130