NOT LISTED FOR SALE

1503 Bond St Milpitas, CA 95035

Estimated Value: $1,508,000 - $1,806,000

4 Beds
3.5 Baths
2,246 Sq Ft
$709/Sq Ft Est. Value

Last Sold June 21, 2021

Last sale price $1,392,000 $620 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $9,838/month

6 Days on Market

Highlights

  • 2 Car Attached Garage
  • Guest Parking
  • Combination Dining and Living Room
  • Mabel Mattos Elementary School Rated A
  • Forced Air Heating and Cooling System

About This Home

As of June 2021

Welcome to this Luxurious Townhome in the sought out after Avenue community in the heart of Milpitas, one of the largest floor-plans in the community! Located within walking distance to Bart, Light Rail & Great Mall but far enough away where you feel the seclusion of this charming community! One bed & full bath on ground level, great for in-laws or visitors! Open & airy living level w/ loads of natural light shining in & an open Living, Dining and Kitchen concept, great for entertaining. Gourmet style kitchen w/ large pantry, breakfast bar, island, SS appliances & ample cabinetry. Powder room off kitchen. Oversized Owners suite w/dual sinks, shower & WIC. Spacious 3rd & 4th bedrooms are located upstairs w/full hall bath. Laundry area w/storage conveniently located upstairs. 2 car side by side garage. Great community, low HOA & easy access to major freeways! Bart and Light Rail get you anywhere in the Bay Area! Walk to newer Mattos Elem school and zoned to Milpitas High. Don't miss out!

Last Agent to Sell the Property

Rabia Alizai

Compass License #01911932 Listed on: 05/19/2021

Compass

Last Buyer's Agent

Sunita Merchia

Merchia Realty License #01900102

Merchia Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,596

Year Built

  • 2014

Lot Details

  • 984

Parking

  • 2 Car Attached Garage
  • Guest Parking

Interior Spaces

  • 2,246 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • 984 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include garbage, landscaping / gardening, maintenance - common area, reserves, roof
  • Avenue Owners HOA

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,596

Year Built

2014

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3-TO
  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 2246
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2014

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Living Sq Ft: 2246
  • Stories: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 255
  • Association Fees Include: Garbage, Landscaping / Gardening, Maintenance - Common Area, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Avenue Owners HOA

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.0226
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 985.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 985.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2021
Closed on
Jun 15, 2021
Sold by
Punukollu Karthik and Patlolla Avinash
Bought by
Jain Rajat and Gupta Shubhra
Seller's Agent
Rabia Alizai
Compass
Buyer's Agent
Sunita Merchia
Merchia Realty
List Price
$1,249,000
Sold Price
$1,392,000
Premium/Discount to List
$143,000
11.45%
Current Estimated Value
$1,591,706

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$199,706
Avg. Annual Appreciation
3.12%
Original Mortgage
$1,084,000
Outstanding Balance
$968,993
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$622,713

Purchase Details

Closed on
Aug 23, 2016
Sold by
Punukollu Karthik and Patlolla Avinash
Bought by
Punukollu Karthik and Patlolla Avinash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
3.42%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 7, 2015
Sold by
Swetha Kanukula
Bought by
Patolla Avinash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,560
Interest Rate
3.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 30, 2014
Sold by
Spoorthi Kilaru
Bought by
Punokollu Karthik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,560
Interest Rate
3.87%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 29, 2014
Sold by
Taylor Morrison Of California Llc
Bought by
Punokoilu Karthik and Patlolla Avinash

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,560
Interest Rate
3.87%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jain Rajat $1,392,000 Chicago Title Company
Punukollu Karthik -- Placer Title Company
Patolla Avinash -- First American Title Company
Punokollu Karthik -- First American Title Company
Punokoilu Karthik $726,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Rajat $1,084,000
Previous Owner Punukollu Karthik $100,000
Previous Owner Punokoilu Karthik $72,560
Previous Owner Punokollu Karthik $72,560
Previous Owner Punokoilu Karthik $581,068
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/21/2021 06/21/21 Sold $1,392,000 +11.4% $620 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/19/2021 05/19/21 For Sale $1,249,000 -- $556 / 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 $17,596 $1,506,744 $753,372 $753,372
2024 $17,596 $1,455,000 $727,500 $727,500
2023 $16,397 $1,330,000 $665,000 $665,000
2022 $17,652 $1,419,840 $709,920 $709,920
2021 $10,508 $806,460 $403,155 $403,305
2020 $10,324 $798,192 $399,022 $399,170
2019 $10,194 $782,543 $391,199 $391,344
2018 $9,688 $767,200 $383,529 $383,671
2017 $9,478 $752,158 $376,009 $376,149
2016 $9,098 $737,411 $368,637 $368,774
2015 $6,294 $482,011 $108,011 $374,000
2014 $1,500 $119,784 $105,896 $13,888
Source: Public Records

Agents Affiliated with this Home

  • Rabia Alizai

    Seller's Agent in 2021

    Rabia Alizai

    Compass

    (408) 393-7679

    7 in this area

    249 Total Sales

    Rabia Alizai
    Section Image
  • Sunita Merchia

    Buyer's Agent in 2021

    Sunita Merchia

    Merchia Realty

    (408) 916-6135

    6 in this area

    93 Total Sales

    Sunita Merchia
    Section Image
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Map

Source: MLSListings

MLS Number: ML81844719

MLSListings

APN: 086-80-003

California Santa Clara County Milpitas 95035

1503 Bond St, Milpitas, CA

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