NOT LISTED FOR SALE

1361 Merry Loop Milpitas, CA 95035

Estimated Value: $1,224,000 - $1,274,000

3 Beds
3 Baths
1,643 Sq Ft
$330/mo HOA Fee

Last Sold December 27, 2018

Last sale price $945,000 $575 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,995/month

33 Days on Market

Highlights

  • Quartz Countertops
  • 2 Car Attached Garage
  • Laundry in Utility Room
  • Mabel Mattos Elementary School Rated A
  • Walk-In Closet
  • 3-minute walk to Bob McGuire Park

About This Home

As of December 2018

3 Year Old Gorgeous East Facing 3 bed, 3 full baths, 2 Car Garage Condo within a short distance to Milpitas Bart station. Desirable floor plan w/ One Bed & Full Bath at kitchen level. 55 k In Upgrades include * Upgraded Tile Floors in Living & Kitchen * Custom Iron Stair Railing * Crown Moulding * Double pane windows * Central AC & Heat * Recess Lighting w/ Dimmers * Walk-In Closets * Kitchen w/ Quartz Countertops, Gas Stove, Pantry & SS Refrigerator * Mirrored Closet Doors * Master bedroom has two closets * Extra suite on top floors has private bath & walk-in closet * Surround Sound & security pre-wired * Bathroom w/ Framed mirrors, Upgraded tiles, 2 standing showers w/ Cultured marble surround * This master-planned community is designed within a short distance to Great Mall, Upcoming Milpitas Bart, VTA Metro Train, VTA Bus Terminal located at Great Mall. Walking Distance to Bob McGuire Park, Tennis Ct & Kids Play area.

Last Agent to Sell the Property

Lavanya Duvvi

Intero Real Estate Services License #01901376 Listed on: 10/18/2018

Intero Real Estate Services

Last Buyer's Agent

Christine Hsieh

Redfin License #01927442

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,860

Year Built

  • Built in 2015

Lot Details

  • 1,241

HOA Fees

  • $330 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,643 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, garbage, insurance - common area, landscaping / gardening, management fee, reserves, roof, water / sewer
  • Palazzo At Montague Villages Association
  • Built by Palazzo At Montague Villages

Listing and Financial Details

  • Assessor Parcel Number 086-85-085

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,860

Year Built

Built in 2015

Lot Details

0

HOA Fees

$330 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 3
  • Listing Class: Residential
  • Structure Sq Ft: 1643
  • Complex Name: Palazzo At Montague Villages
  • Year Built: 2015
  • Zoning Description: M2S
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Microwave, Pantry, Refrigerator
  • Living Sq Ft: 1643
  • Stories: 3
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • 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: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 330
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, No Association Docs Available, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Landscaping / Gardening, Management Fee, Reserves, Roof, Water / Sewer
  • H O A Name Text: Palazzo At Montague Villages
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 086-85-085
  • Lot Acres: 0.0285
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1240.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1240.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2018
Closed on
Dec 18, 2018
Sold by
Kumar Mrudui Basant and Goyal Smitha Mrudul
Bought by
Narayan Vinay and Kalpathi Deepa
Seller's Agent
Lavanya Duvvi
Intero Real Estate Services
Buyer's Agent
Christine Hsieh
Redfin
List Price
$949,000
Sold Price
$945,000
Premium/Discount to List
-$4,000
-0.42%
Current Estimated Value
$1,248,401

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,401
Avg. Annual Appreciation
4.30%
Original Mortgage
$756,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 4, 2016
Closed on
Apr 26, 2016
Sold by
Kb Home South Bay Inc
Bought by
Goyal Mrudul Basant Kumar and Goyal Smitha Mrudul
Seller's Agent
Duc Hoang
KB Home Sales -Northern California Inc
Buyer's Agent
Duc Hoang
KB Home Sales -Northern California Inc
List Price
$846,850
Sold Price
$836,850
Premium/Discount to List
-$10,000
-1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.75%
Original Mortgage
$625,500
Interest Rate
3.71%
Mortgage Type
New Conventional
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
Narayan Vinay $945,000 Chicago Title Co
Goyal Mrudul Basant Kumar $847,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Narayan Vinay $737,000
Closed Narayan Vinay $737,000
Closed Narayan Vinay $745,000
Closed Narayan Vinay $756,000
Previous Owner Goyal Mrudul Basant Kumar $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/27/2018 12/27/18 Sold $945,000 -0.4% $575 / Sq Ft
11/21/2018 11/21/18 Pending -- -- --
11/20/2018 11/20/18 For Sale $949,000 0.0% $578 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
10/18/2018 10/18/18 For Sale $949,000 +13.4% $578 / Sq Ft
05/13/2016 05/13/16 Sold $836,850 -1.2% $512 / Sq Ft
03/24/2016 03/24/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $846,850 -- $518 / 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 $12,860 $1,054,160 $527,080 $527,080
2024 $12,860 $1,033,492 $516,746 $516,746
2023 $12,797 $1,013,228 $506,614 $506,614
2022 $12,703 $993,362 $496,681 $496,681
2021 $12,494 $973,886 $486,943 $486,943
2020 $11,664 $912,000 $456,000 $456,000
2019 $12,122 $945,000 $472,500 $472,500
2018 $10,912 $880,753 $440,089 $440,664
2017 $10,764 $863,484 $431,460 $432,024
2016 $3,503 $295,342 $295,342 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81728216

MLSListings

APN: 086-85-085