NOT LISTED FOR SALE

1571 Canal St Milpitas, CA 95035

Estimated Value: $1,265,000 - $1,415,000

3 Beds
2.5 Baths
1,715 Sq Ft
$792/Sq Ft Est. Value

Last Sold June 28, 2024

Last sale price $1,432,500 $835 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $8,297/month

6 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • Double Pane Windows
  • Mabel Mattos Elementary School Rated A
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of June 2024

*Discover modern living in this exquisite end-unit townhouse, ideally situated in Milpitas. This north-facing, northeast corner home boasts three-sided windows (north, east, and south) that fill the space with natural light. *Great kitchen equipped with a center island, granite countertops, gas stove, hood over range, Energy Star appliances, & pantry cabinets. *All three bedrooms are conveniently located on the same floor, with the master suite boasting double sinks, a shower, a tub, & a walk-in closet. The home is equipped with an array of modern amenities including central air, double pane windows & an in-unit laundry room. Washer, dryer, refrigerator, & surround speakers in the family room, valued at approximately $6000. *Side-by-side two-car garage with window, ample shelving, and an electric car charging point, offering extra space for your needs. Outdoors, enjoy green areas, a BBQ/picnic space, & a walking trail just steps from your door. *Families will appreciate the proximity to top-rated schools such as Mabel Mattos Elem (10/10), Rancho Milpitas Junior High (9/10) & Milpitas High (10/10), Test Scores from Great School. Near the prestigious Stratford & Challenger campuses. Minutes away from popular destinations like Great Mall, Costco, Safeway, Trader Joes & many more.

Last Agent to Sell the Property

Sophie Shen

Keller Williams Thrive License #01837259 Listed on: 06/06/2024

Keller Williams Thrive

Last Buyer's Agent

Kamini Patel

Intero Real Estate Services License #01856992

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2014

Lot Details

  • 1,699

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Ceiling Insulation

Interior Spaces

  • 1,715 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Storage Room
  • Washer and Dryer
  • Attic Fan

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Home Security

Eco-Friendly Details

  • ENERGY STAR/CFL/LED Lights

Utilities

  • Zoned Heating and Cooling
  • Vented Exhaust Fan
  • Thermostat
  • Separate Meters
  • Individual Gas Meter
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 086-76-077

Community Details

Overview

  • Association fees include garbage, insurance - common area, maintenance - common area, roof
  • Avenue Association

Security

  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Year Built

Built in 2014

Lot Details

0

HOA Fees

$282 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1715
  • Year Built: 2014
  • Zoning Description: R3-TO
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Oven - Gas, Oven Range - Gas, Refrigerator, Trash Compactor
  • Living Sq Ft: 1715
  • Stories: 3
  • Security: Fire Alarm
  • Bedrooms: Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Storage
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Tile

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

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

Utilities

  • Cooling System: Multi-Zone
  • Heating System: Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 282
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Insurance - Common Area, Maintenance - Common Area, Roof
  • H O A Name Text: Avenue
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 086-76-077

Green Features

  • Energy Features: Attic Fan, Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star Lighting, Tankless Water Heater, Thermostat Controller

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Mabel Mattos Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2024
Closed on
Jun 27, 2024
Sold by
Nalluri Family Revocable Trust and Nalluri Venkata Rama
Bought by
Vijayaraghavan Balaji and Rakshaa Vaidyanathan Rakshaa
Seller's Agent
Sophie Shen
Keller Williams Thrive
Buyer's Agent
Kamini Patel
Intero Real Estate Services
List Price
$1,248,000
Sold Price
$1,432,500
Premium/Discount to List
$184,500
14.78%
Views
60
Current Estimated Value
$1,358,142

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$74,358
Avg. Annual Appreciation
-3.54%
Original Mortgage
$1,146,000
Outstanding Balance
$1,129,151
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$228,991

Purchase Details

Closed on
Feb 24, 2021
Sold by
Nalluri Venkata Rama and Nalluri Rekha
Bought by
Nalluri Venkata Rama and Nalluri Rekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,881
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 15, 2017
Sold by
Nalluri Venkata Rama and Nalluri Rekha
Bought by
Nalluri Venkata Rama and Nalluri Rekha

Purchase Details

Closed on
Apr 2, 2015
Sold by
Nalluri Venkata R and Nalluri Rekha
Bought by
Nalluri Venkata R and Nalluri Rekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,000
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2014
Sold by
Taylor Morrison Of California Llc
Bought by
Nalluri Venkata and Nalluri Rekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,044
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vijayaraghavan Balaji $1,432,500 Chicago Title
Nalluri Venkata Rama -- Title Connect
Nalluri Venkata Rama -- Title Connect
Nalluri Venkata Rama -- None Available
Nalluri Venkata R -- First American Title
Nalluri Venkata $704,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vijayaraghavan Balaji $1,146,000
Previous Owner Nalluri Venkata Rama $350,881
Previous Owner Nalluri Venkata R $521,000
Previous Owner Nalluri Venkata $528,044
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2024 06/28/24 Sold $1,432,500 +14.8% $835 / Sq Ft
06/12/2024 06/12/24 Pending -- -- --
06/06/2024 06/06/24 For Sale $1,248,000 -- $728 / 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 $10,530 $1,461,150 $730,575 $730,575
2024 $10,530 $829,570 $414,785 $414,785
2023 $10,474 $813,304 $406,652 $406,652
2022 $10,390 $797,358 $398,679 $398,679
2021 $10,215 $781,724 $390,862 $390,862
2020 $10,036 $773,710 $386,855 $386,855
2019 $9,909 $758,540 $379,270 $379,270
2018 $9,418 $743,668 $371,834 $371,834
2017 $9,292 $729,088 $364,544 $364,544
2016 $8,921 $714,794 $357,397 $357,397
2015 $8,741 $704,058 $352,029 $352,029
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81967582

MLSListings

APN: 086-76-077