NOT LISTED FOR SALE

1550 Canal St Milpitas, CA 95035

Estimated Value: $1,230,875 - $1,506,000

3 Beds
2.5 Baths
1,530 Sq Ft
$861/Sq Ft Est. Value

Last Sold October 14, 2021

Last sale price $1,180,000 $771 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $8,381/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Granite Countertops
  • 2 Car Attached Garage
  • Mabel Mattos Elementary School Rated A
  • Open to Family Room
  • Double Pane Windows

About This Home

As of October 2021

Luxurious & Modern Living! Located in the "Crossroads of Silicon Valley", Ave Community makes it easy to enjoy all of the amenities the city of Milpitas and the greater South Bay have to offer. This unique traditional townhouse with no one living above and below. SIDE BY SIDE 2 car garage w/ a lot of storage space! Contemporary & tasteful upgrades! A lot of upgrades including water softener for the entire house and reverse osmosis filter in the kitchen, upgraded closet shelves in all bedrooms, Wall conduit for TV cable the living room, new floors in the living room, recessed lighting, gourmet kitchen w/ granite countertops & huge island. SS appliances. Adjustable customized shelving units for closets. Dual-zone central A/C & heater. Tankless water heater". Walking distance to Mabel Mattos school, Stratford, park, BBQ area, Great Mall, Trader Joe's, new shopping centers & new BART. Easy commute to all high tech firms. No rental restriction.

Last Agent to Sell the Property

Erica Wong

168 Realty License #01866034 Listed on: 09/08/2021

Last Buyer's Agent

Girish Bangalore

Intero Real Estate Services License #02067090

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,363

Year Built

  • 2014

Lot Details

  • 697

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,530 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Family or Dining Combination
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub Includes Tile Surround

Additional Features

  • Energy-Efficient HVAC
  • 697 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee
  • First Residential Service Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,363

Year Built

2014

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Zoning: R3-TO
  • Subclass: Townhouse
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 1530
  • 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 - Granite, Dishwasher, Garbage Disposal, Island With Sink, Microwave, Oven - Gas, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 1530
  • Stories: 3
  • Bedrooms: Walk-In Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Tile, Updated Bath

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Complex Name: AVE ONE
  • HOA Fees: 255
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee
  • HOA Exist: Yes
  • H O A Name Text: FIRST RESIDENTIAL SERVICE

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.0160
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 699.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 699.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Hvac

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 8, 2021
Sold by
Shankar Anand Viswanathan Anu and The Anand Family Revocable Tru
Bought by
Ramakrishna Rashmi and Kumar Nihir
Seller's Agent
Erica Wong
168 Realty
Buyer's Agent
Girish Bangalore
Intero Real Estate Services
List Price
$1,090,000
Sold Price
$1,180,000
Premium/Discount to List
$90,000
8.26%
Current Estimated Value
$1,317,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,219
Avg. Annual Appreciation
2.76%
Original Mortgage
$944,000
Outstanding Balance
$855,340
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$461,879

Purchase Details

Closed on
Oct 24, 2017
Sold by
Viswanathan Anand and Shankar Anu
Bought by
Viswanathan Anand and Shankar Anu

Purchase Details

Closed on
Nov 7, 2014
Sold by
Taylor Morrison Of California Llc
Bought by
Viswanathan Anand and Shankar Anu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$542,188
Interest Rate
3.62%
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
Ramakrishna Rashmi $1,180,000 Old Republic Title Company
Viswanathan Anand -- None Available
Viswanathan Anand $678,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramakrishna Rashmi $944,000
Previous Owner Viswanathan Anand $542,188
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2021 10/14/21 Sold $1,180,000 +8.3% $771 / Sq Ft
09/15/2021 09/15/21 Pending -- -- --
09/08/2021 09/08/21 For Sale $1,090,000 -- $712 / 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 $14,363 $1,170,000 $585,000 $585,000
2024 $14,363 $1,165,000 $582,500 $582,500
2023 $13,690 $1,090,000 $545,000 $545,000
2022 $14,905 $1,180,000 $590,000 $590,000
2021 $9,786 $752,497 $376,248 $376,249
2020 $9,613 $744,783 $372,391 $372,392
2019 $9,490 $730,181 $365,090 $365,091
2018 $9,019 $715,865 $357,932 $357,933
2017 $8,896 $701,829 $350,914 $350,915
2016 $8,540 $688,069 $344,034 $344,035
2015 $8,441 $677,735 $338,867 $338,868
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81861692

MLSListings

APN: 086-76-080