NOT LISTED FOR SALE

1365 Merry Loop Milpitas, CA 95035

Estimated Value: $1,346,937 - $1,434,000

3 Beds
3.5 Baths
1,860 Sq Ft
$303/mo HOA Fee

Last Sold June 08, 2020

Last sale price $1,035,000 $556 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $9,033/month

34 Days on Market

Highlights

  • Primary Bedroom Suite
  • Marble Countertops
  • Tennis Courts
  • Mabel Mattos Elementary School Rated A
  • Marble Bathroom Countertops
  • 3-minute walk to Bob McGuire Park

About This Home

As of June 2020

Gorgeous Model Townhome with over $90,000 in Upgrades! Side by side 2 car garage, no neighbors above or below. This home is meticulously cared for and fully loaded. This three-story townhome features 3 bedrooms, 3.5 bathrooms and approximately 1,861 square feet of living space. Unique & desirable floorplan. Bonus family room in the first floor with half bathroom along with access to the side by side garage. One bedroom & full bathroom on the main level & two master suites on the top level. Gourmet kitchen with upgraded quartz countertop, stylish backsplash, top brand appliance. Beautiful floors in the living room and first level room. Ideally Situated Across the Street from Bob McGuire Park with Sprawling Views of Foothills, Blue Sky, and Tennis Courts! Prime Location with the convenience of walking to BART, light rail or dining, VTA metro train, bus stops, light rail. Virtue tour: 1365merryloop.com

Last Agent to Sell the Property

Raymond Ni

Compass License #02021517 Listed on: 04/02/2020

Compass

Last Buyer's Agent

Xiaozhu Kang

Compass License #01999507

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,651

Year Built

  • 2015

Lot Details

  • 1,263

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • On-Street Parking

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,860 Sq Ft Home
  • 3-Story Property
  • Separate Family Room
  • Dining Area

Kitchen

  • Built-In Oven
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Marble Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Bathroom on Main Level
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Utility Room
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, insurance - common area, insurance - homeowners, landscaping / gardening, maintenance - common area, maintenance - exterior, reserves, roof
  • Helsing Group Association

Recreation

  • Tennis Courts

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,651

Year Built

2015

Lot Details

0

HOA Fees

$303 per month

Parking

2

Listing Details

  • Zoning: M2S
  • Subclass: Condominium
  • Age: 5
  • Listing Class: Residential
  • Structure Sq Ft: 1860
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2015

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Marble, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Oven Range - Built-In, Refrigerator
  • Living Sq Ft: 1860
  • Stories: 3
  • Bedrooms: Primary Suite / Retreat, More Than One Primary Bedroom, Walk-In Closet
  • Laundry: Electricity Hookup (110V), Electricity Hookup (220V), In Utility Room, Inside
  • Flooring: Carpet, Laminate, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Half On Ground Floor, Marble, Primary - Stall Shower(s), Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, On Street

Utilities

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

Condo/Co-op/Association

  • Complex Name: Palazzo Owners Association
  • HOA Fees: 303
  • HOA Amenities: Bbq Area, Tennis Court / Facility
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Insurance - Homeowners, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Helsing Group

Schools

  • School District: Milpitas Unified
  • High School: Milpitas High
  • High School: 293

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2020
Closed on
May 27, 2020
Sold by
Wang Chen and Xia Changhong
Bought by
Pan Zhipeng and Ye Chong
Seller's Agent
Raymond Ni
Compass
Buyer's Agent
Xiaozhu Kang
Compass
List Price
$1,058,800
Sold Price
$1,035,000
Premium/Discount to List
-$23,800
-2.25%
Current Estimated Value
$1,374,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$339,734
Avg. Annual Appreciation
6.08%
Original Mortgage
$879,750
Outstanding Balance
$780,346
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$618,447

Purchase Details

Closed on
Feb 3, 2016
Sold by
Kb Home South Bay Inc
Bought by
Wang Chen and Xia Chang Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Pan Zhipeng $1,035,000 Chicago Title Company
Wang Chen $900,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pan Zhipeng $879,750
Previous Owner Wang Chen $640,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2020 06/08/20 Sold $1,035,000 -2.2% $556 / Sq Ft
05/07/2020 05/07/20 Pending -- -- --
04/02/2020 04/02/20 For Sale $1,058,800 -- $569 / 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 $13,651 $1,109,726 $554,863 $554,863
2023 $13,585 $1,087,968 $543,984 $543,984
2022 $13,485 $1,066,636 $533,318 $533,318
2021 $13,263 $1,045,722 $522,861 $522,861
2020 $12,396 $974,186 $487,093 $487,093
2019 $12,241 $955,086 $477,543 $477,543
2018 $11,630 $936,360 $468,180 $468,180
2017 $11,475 $918,000 $459,000 $459,000
2016 $3,503 $295,342 $295,342 $0
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Raymond Ni

    Compass

    Section Image

  • X

    Buyer's Agent in 2020

    Xiaozhu Kang

    Compass

    Section Image
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Map

Source: MLSListings

MLS Number: ML81788411

MLSListings

APN: 086-85-083

California Santa Clara County Milpitas 95035

1365 Merry Loop, Milpitas, CA

This home is located at 1365 Merry Loop, Milpitas, CA 95035 since 02 April 2020 and is currently estimated at $1,374,734, approximately $739 per square foot. This property was built in 2015. 1365 Merry Loop is a home located in Santa Clara County with nearby schools including Mabel Mattos Elementary School, Alexander Rose Elementary School, and Rancho Milpitas Middle School.

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