NOT LISTED FOR SALE

1531 Bond St Milpitas, CA 95035

Estimated Value: $1,121,690 - $1,187,000

2 Beds
2.5 Baths
1,308 Sq Ft
$881/Sq Ft Est. Value

Last Sold April 17, 2019

Last sale price $955,000 $730 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,284/month

4 Days on Market

Highlights

  • Granite Countertops
  • Putting Green
  • 2 Car Attached Garage
  • Mabel Mattos Elementary School Rated A
  • Open to Family Room
  • Community Playground

About This Home

As of April 2019

Gorgeous 5 year new townhouse-style home in the pristine Avenue Lexington by Taylor Morrison. Located in the "Crossroads of Silicon Valley", Avenue makes it easy to enjoy all of the amenities the city of Milpitas and the greater South Bay have to offer. Less than half mile from The Great Mall of the Bay Area . The corner unit home is light & bright! Spacious Living Room & Immaculate Kitchen w/ granite Counters, Stainless steel Appliances. Dual-Pane Windows, Dual Zone A/C & Heat, Indoor Laundry Room. Walking distance to new school and Luxury shopping center. Excellent Commuter location near 237, 880, 680 & Montague Expressway, New BART and Light Rail. open this weekend.

Last Agent to Sell the Property

Michael Adari

Coldwell Banker Realty License #01817128 Listed on: 03/27/2019

Coldwell Banker Realty

Last Buyer's Agent

Heena Joshi

Compass License #01998854

Compass

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,905

Year Built

  • Built in 2014

Lot Details

  • 649 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Wood Frame Construction
  • Tile Roof

Interior Spaces

  • 1,308 Sq Ft Home
  • 3-Story Property
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 086-75-029

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, garbage, insurance - common area, management fee, reserves, roof
  • First Service Residential Association

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground
  • Putting Green

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,905

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1308
  • Year Built: 2014
  • Zoning Description: R3-TO
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area in Family Room, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Refrigerator
  • Living Sq Ft: 1308
  • Stories: 3
  • Laundry: Upper Floor, Washer / Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Construction Type: Wood Frame

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: 222
  • HOA Amenities: BBQ Area, Playground, Putting Green
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Management Fee, Reserves, Roof
  • H O A Name Text: First Service Residential
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 086-75-029
  • Lot Acres: 0.0149
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 649.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 649.00

Green Features

  • Energy Features: Tankless Water Heater

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
Mar 27, 2019
Closed on
Apr 11, 2019
Sold by
Pentakota Narendra and Malla Vijetha
Bought by
Magar Ashish P and Sonavane Nishigandha D
Seller's Agent
Michael Adari
Coldwell Banker Realty
Buyer's Agent
Heena Joshi
Compass
List Price
$930,000
Sold Price
$955,000
Premium/Discount to List
$25,000
2.69%
Current Estimated Value
$1,180,447

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,447
Avg. Annual Appreciation
2.91%
Original Mortgage
$752,000
Outstanding Balance
$648,098
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$503,825

Purchase Details

Closed on
Jan 7, 2015
Sold by
Pentakota Narendra
Bought by
Pentakota Narendra and Malla Vijetha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 16, 2014
Sold by
Malla Vijetha
Bought by
Pentakota Narendra
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
Magar Ashish P $955,000 Chicago Title Company
Pentakota Narendra -- Chicago Title
Pentakota Narendra -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Magar Ashish P $752,000
Previous Owner Pentakota Narendra $478,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/17/2019 04/17/19 Sold $955,000 +2.7% $730 / Sq Ft
04/01/2019 04/01/19 Pending -- -- --
03/27/2019 03/27/19 For Sale $930,000 -- $711 / 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 $12,905 $1,065,314 $532,657 $532,657
2024 $12,905 $1,044,426 $522,213 $522,213
2023 $12,841 $1,023,948 $511,974 $511,974
2022 $12,827 $1,003,872 $501,936 $501,936
2021 $12,080 $939,000 $469,500 $469,500
2020 $11,370 $887,000 $443,500 $443,500
2019 $8,482 $638,262 $319,131 $319,131
2018 $8,064 $625,748 $312,874 $312,874
2017 $7,955 $613,480 $306,740 $306,740
2016 $7,638 $601,452 $300,726 $300,726
2015 $7,550 $592,418 $296,209 $296,209
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81744328

MLSListings

APN: 086-75-029