NOT LISTED FOR SALE

1315 Merry Loop Milpitas, CA 95035

Estimated Value: $1,365,000 - $1,486,118

3 Beds
3.5 Baths
1,861 Sq Ft
$335/mo HOA Fee

Last Sold March 11, 2022

Last sale price $1,501,000 $807 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $9,519/month

7 Days on Market

Highlights

  • Wood Flooring
  • Open to Family Room
  • Combination Dining and Living Room
  • Mabel Mattos Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 2-minute walk to Bob McGuire Park

About This Home

As of March 2022

Rare Southeast corner lot Townhome with desirable East, South and West directions. Features 2-car side by side garage, 3 BDR/3.5 BATH (2 suites), office/reading room and a large private patio. Watch the green park & mountain views through the East-facing bedroom windows, relax in the cozy South-facing living room filled with sunlight and music, or feel the warm sunrise touching your bed pillows. Tastefully designed gourmet kitchen with granite countertop, custom cabinets, gas cooktop, pantry room, farmhouse sink and island. Large Master suite with a dual sink vanity and two closets (one walk-in). Recessed LED light throughout. Built-in home sound system, dual zone central A/C & Heating, French door refrigerator, new washer/dryer included. Walking distance to playground, park, Farmers' market, Mabel Mattos, Stratford, Great Mall, BART, light rail and bus transit center. 5 mins drive to Trader Joes. Easy access to 680/880/237 and high tech companies. Let's make this your home.

Last Agent to Sell the Property

Albert Tan

Landmark Real Estate & Financial License #01755494 Listed on: 02/03/2022

Last Buyer's Agent

Faye Liu

Feifei Liu, Broker License #01877732

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $16,362

Year Built

  • 2015

Lot Details

  • 1,263

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,861 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Combination Dining and Living Room
  • Open to Family Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include garbage, landscaping / gardening, maintenance - common area, management fee, roof
  • Palazzo Owner Association
  • The community has rules related to parking rules

Property Details

Home Type

Condominium

Est. Annual Taxes

$16,362

Year Built

2015

Lot Details

0

HOA Fees

$335 per month

Parking

2

Listing Details

  • Zoning: M2S
  • Subclass: Condominium
  • Restrictions: Age - No Restrictions, Parking Restrictions
  • Age: 7
  • Listing Class: Residential
  • Structure Sq Ft: 1861
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2015

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Dining Area In Living Room, No Formal Dining Room
  • Fireplace: Yes
  • Living Sq Ft: 1861
  • Stories: 3
  • Flooring: Carpet, Hardwood
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Complex Name: Palazzo At Montaque Villages
  • HOA Fees: 335
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Roof
  • HOA Exist: Yes
  • H O A Name Text: Palazzo Owner Association

Schools

  • School District: Milpitas Unified

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2022
Closed on
Mar 7, 2022
Sold by
Hero Turtle Trust
Bought by
Shu Xiao
Seller's Agent
Albert Tan
Landmark Real Estate & Financial
Buyer's Agent
Faye Liu
Feifei Liu, Broker
List Price
$1,277,000
Sold Price
$1,501,000
Premium/Discount to List
$224,000
17.54%
Current Estimated Value
$1,415,780

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$85,220
Avg. Annual Appreciation
-1.49%
Original Mortgage
$1,104,000
Outstanding Balance
$1,024,020
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$403,743

Purchase Details

Closed on
Aug 25, 2019
Sold by
Wong Patrick Man Keung and Liao Yu Chun
Bought by
Wong Patrick Man Keung and Liao Yu Chun

Purchase Details

Closed on
Jul 7, 2016
Sold by
Kb Home South Bay Inc
Bought by
Wong Patrick and Liao Yu Chun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
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
Shu Xiao $1,501,000 Chicago Title
Wong Patrick Man Keung -- None Available
Wong Patrick $939,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shu Xiao $1,104,000
Previous Owner Wong Patrick $450,000
Previous Owner Wong Patrick $630,000
Previous Owner Wong Patrick $700,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/11/2022 03/11/22 Sold $1,501,000 +17.5% $807 / Sq Ft
02/10/2022 02/10/22 Pending -- -- --
02/03/2022 02/03/22 For Sale $1,277,000 -- $686 / 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 $16,362 $1,340,000 $670,000 $670,000
2023 $16,130 $1,300,000 $650,000 $650,000
2022 $13,099 $1,026,979 $513,464 $513,515
2021 $12,885 $1,006,844 $503,397 $503,447
2020 $12,577 $996,521 $498,236 $498,285
2019 $12,419 $976,982 $488,467 $488,515
2018 $11,797 $957,827 $478,890 $478,937
2017 $11,638 $939,047 $469,500 $469,547
2016 $1,418 $111,170 $111,170 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81876370

MLSListings

APN: 086-85-089