NOT LISTED FOR SALE

1509 Canal St Milpitas, CA 95035

Estimated Value: $1,431,000 - $1,632,000

3 Beds
3.5 Baths
2,202 Sq Ft
$679/Sq Ft Est. Value

Last Sold May 22, 2021

Last sale price $1,240,000 $563 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $9,212/month

20 Days on Market

Highlights

  • Wood Flooring
  • High Ceiling
  • Open to Family Room
  • Mabel Mattos Elementary School Rated A
  • Quartz Countertops
  • 2 Car Attached Garage

About This Home

As of May 2021

Home Sweet Home!! Modern 7 year-new townhouse has 3 bedroom + Guestroom/Office , 3.5 baths, and 2 car Side-by-Side wide garage. Ground level has one full bath that the room can be used for rental/Guest room/ Office. Upscale upgrades including hardwood floor covering living and dining areas, wood shutters for whole house windows. Chef kitchen features a gas cooktop, large size island, stainless steel appliances, granite countertop and white wall mounted entertainment center in the living room and main bedroom. Walking distance to new Mabel Mattos elementary school. Good rating Rancho Milpitas Middle School (Good School rating 8 out of 10) and Milpitas High School (Good School rating 9 out of 10). Community with playgrounds. *buyers responsibility to verify attending schools Minutes to Great Mall, VTA, and new Bart Station. Easy commute to high tech firms including future Google and Apple San Jose campus. Close to Amazon's incoming N. San Jose campus. Come to see, don't miss it.

Last Agent to Sell the Property

Vivian Lee

Homeland Realty License #01881090 Listed on: 04/02/2021

Last Buyer's Agent

Vivian Lee

Homeland Realty License #01881090 Listed on: 04/02/2021

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,087

Year Built

  • 2014

Lot Details

  • 1,024 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 2,202 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Family or Dining Combination
  • Wood Flooring
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathroom on Main Level
  • Dual Sinks
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Property has a Home Owners Association
  • Association fees include garbage, maintenance - exterior, reserves, roof
  • Avenue HOA

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,087

Year Built

2014

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 2202
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2014

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area In Family Room
  • Kitchen: Countertop - Quartz, Exhaust Fan, Island, Pantry, Refrigerator
  • Living Sq Ft: 2202
  • Stories: 3
  • Bedrooms: Walk-In Closet
  • Laundry: Washer / Dryer
  • Flooring: Hardwood
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Full On Ground Floor, Primary - Stall Shower(s), Tile, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Shingle
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 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: 256
  • Association Fees Include: Garbage, Maintenance - Exterior, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Avenue HOA

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.0235
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1023.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1023.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2021
Closed on
May 17, 2021
Sold by
Tan Teong Yee and Lai Chiew Fong
Bought by
Kasi Vijaya Sarathy and Parthasarathy Srinithyaa
Seller's Agent
Vivian Lee
Homeland Realty
Buyer's Agent
Vivian Lee
Homeland Realty
List Price
$1,188,000
Sold Price
$1,240,000
Premium/Discount to List
$52,000
4.38%
Current Estimated Value
$1,496,220

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$256,220
Avg. Annual Appreciation
4.32%
Original Mortgage
$992,000
Outstanding Balance
$899,000
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$597,220

Purchase Details

Closed on
Dec 1, 2014
Sold by
Taylor Morrison Of California Llc
Bought by
Fong Tan Teong Yee and Fong Lai Chiew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$660,000
Interest Rate
3%
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
Kasi Vijaya Sarathy $1,240,000 Lawyers Title Company
Fong Tan Teong Yee $825,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kasi Vijaya Sarathy $992,000
Previous Owner Fong Tan Teong Yee $660,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/22/2021 05/22/21 Sold $1,240,000 +4.4% $563 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/02/2021 04/02/21 For Sale $1,188,000 -- $540 / 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 $16,087 $1,342,212 $671,106 $671,106
2024 $16,087 $1,315,896 $657,948 $657,948
2023 $16,015 $1,290,096 $645,048 $645,048
2022 $15,905 $1,264,800 $632,400 $632,400
2021 $11,808 $916,012 $458,006 $458,006
2020 $11,601 $906,620 $453,310 $453,310
2019 $11,373 $888,844 $444,422 $444,422
2018 $10,804 $871,416 $435,708 $435,708
2017 $10,659 $854,330 $427,165 $427,165
2016 $10,232 $837,580 $418,790 $418,790
2015 $10,116 $825,000 $412,500 $412,500
Source: Public Records

Agents Affiliated with this Home

  • Vivian Lee

    Seller's Agent in 2021

    Vivian Lee

    Homeland Realty

    (408) 641-1680

    6 in this area

    222 Total Sales

    Vivian Lee
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Map

Source: MLSListings

MLS Number: ML81836205

MLSListings

APN: 086-76-056

California Santa Clara County Milpitas 95035

1509 Canal St, Milpitas, CA

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