NOT LISTED FOR SALE

1551 Canal St Milpitas, CA 95035

Estimated Value: $1,241,537 - $1,660,000

3 Beds
2.5 Baths
1,715 Sq Ft
$810/Sq Ft Est. Value

Last Sold August 27, 2020

Last sale price $1,133,988 $661 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $8,781/month

8 Days on Market

Highlights

  • End Unit
  • High Ceiling
  • Quartz Countertops
  • Mabel Mattos Elementary School Rated A
  • Great Room
  • Courtyard Views

About This Home

As of August 2020

Contemporary Living in Milpitas! Built in 2014, immaculately maintained, this townhome has a bright and airy open floorplan with lots of natural light. Spacious living area opens to modern kitchen with stainless steel appliances, recessed lighting, high ceilings, extensive storage, and additional bar seating. Private balcony access off living room, main floor laundry room for convenience. Additional downstairs flex space, ideal for use as home office. Large primary bedroom features walk-in closet with custom built-in storage, and en-suite bath with dual sink vanity. Walk-in closets w/ custom organizers in all bedrooms. Attached 2 car garage with EV charging. North facing main door, end unit offers privacy. Convenient location, close to Milpitas BART station and access to Hwy 880 / 680 for commuter ease. Trader Joes opening 1 block away. Great Milpitas schools, Mattos Elementary.

Last Agent to Sell the Property

Brett Jennings

Real Estate Experts ERA Powered License #70010020 Listed on: 07/14/2020

Real Estate Experts ERA Powered

Last Buyer's Agent

Anya Li

Judy Wang Realtors License #01845414

Judy Wang Realtors

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $14,722

Year Built

  • 2014

Lot Details

  • 793 Sq Ft Lot
  • End Unit
  • North Facing Home
  • Irrigation

HOA Fees

  • $251 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,715 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Great Room
  • Dining Area
  • Den
  • Courtyard Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Water Filtration System
  • Tankless Water Heater
  • Water Softener is Owned

Community Details

Overview

  • Association fees include exterior painting, garbage, insurance - structure, maintenance - exterior, roof
  • Avenue Owners Association
  • The community has rules related to parking rules
  • Greenbelt

Amenities

  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$14,722

Year Built

2014

Lot Details

0

HOA Fees

$251 per month

Parking

2

Listing Details

  • Zoning: R3-TO
  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions, Parking Restrictions, Pets - Allowed
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 5
  • Structure Sq Ft: 1715
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2014

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, Oven Range - Gas
  • Living Sq Ft: 1715
  • Stories: 3
  • Bedrooms: Walk-In Closet
  • Laundry: Electricity Hookup (220V), Gas Hookup, Inside
  • Flooring: Carpet, Tile
  • Additional Rooms: Den / Study / Office, Great Room, Laundry Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Court
  • Yard/Grounds: Balcony / Patio, Bbq Area
  • Property Faces: North
  • Construction Type: Stucco

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 251
  • HOA Amenities: Bbq Area, Garden / Greenbelt / Trails
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Structure, Maintenance - Exterior, Roof
  • HOA Exist: Yes
  • H O A Name Text: Avenue Owners Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Lot Acres: 0.0182
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 793.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 793.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas, Public Utilities
  • Unit Features: End Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Aug 6, 2020
Sold by
Homelight Homes Inc
Bought by
Vi Stanley and Vi Wei-Chen
Seller's Agent
Brett Jennings
Real Estate Experts ERA Powered
Buyer's Agent
Anya Li
Judy Wang Realtors
List Price
$1,096,000
Sold Price
$1,133,988
Premium/Discount to List
$37,988
3.47%
Current Estimated Value
$1,388,384

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$254,396
Avg. Annual Appreciation
3.99%
Original Mortgage
$907,190
Outstanding Balance
$798,961
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$589,423

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jul 1, 2020
Sold by
Mandviwalla Malcolm and Chandan Pinky Mahesh
Bought by
Homelight Homes Inc
Seller's Agent
Brett Jennings
Real Estate Experts ERA Powered
Buyer's Agent
Anya Li
Judy Wang Realtors
List Price
$1,096,000
Sold Price
$1,133,988
Premium/Discount to List
$37,988
3.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$907,190
Outstanding Balance
$798,961
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$589,423

Purchase Details

Closed on
Jun 3, 2016
Sold by
Mandviwalla Malcolm and Chandan Pinky Mahesh
Bought by
The Mandviwalla Family Revocable Trust

Purchase Details

Closed on
Oct 21, 2014
Sold by
Taylor Morrison Of California Llc
Bought by
Mandviwalla Malcolm and Chandan Pinky Mahesh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$581,162
Interest Rate
4.17%
Mortgage Type
New Conventional
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
Vi Stanley $1,134,000 Lawyers Title
Homelight Homes Inc $935,000 Lawyers Title
The Mandviwalla Family Revocable Trust -- None Available
Mandviwalla Malcolm $726,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vi Stanley $907,190
Previous Owner Mandviwalla Malcolm $581,162
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2020 08/27/20 Sold $1,133,988 +3.5% $661 / Sq Ft
07/22/2020 07/22/20 Pending -- -- --
07/14/2020 07/14/20 For Sale $1,096,000 -- $639 / 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 $14,722 $1,227,458 $613,729 $613,729
2024 $14,722 $1,203,392 $601,696 $601,696
2023 $14,652 $1,179,798 $589,899 $589,899
2022 $14,547 $1,156,666 $578,333 $578,333
2021 $14,310 $1,133,988 $566,994 $566,994
2020 $10,244 $798,323 $399,161 $399,162
2019 $10,113 $782,671 $391,335 $391,336
2018 $9,610 $767,325 $383,662 $383,663
2017 $9,479 $752,281 $376,140 $376,141
2016 $9,100 $737,531 $368,765 $368,766
2015 $8,995 $726,453 $363,226 $363,227
Source: Public Records

Agents Affiliated with this Home

  • Brett Jennings

    Seller's Agent in 2020

    Brett Jennings

    Real Estate Experts ERA Powered

    (408) 427-9220

    3 in this area

    165 Total Sales

    Brett Jennings
    Section Image

  • A

    Buyer's Agent in 2020

    Anya Li

    Judy Wang Realtors

    Section Image
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Map

Source: MLSListings

MLS Number: ML81800567

MLSListings

APN: 086-76-093

California Santa Clara County Milpitas 95035

1551 Canal St, Milpitas, CA

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