NOT LISTED FOR SALE

Estimated Value: $871,000 - $980,000

2 Beds
2 Baths
1,070 Sq Ft
436 Sq Ft Lot

Last Sold June 07, 2024

Last sale price $950,000 $888 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $5,814/month

14 Days on Market

Highlights

  • Fitness Center
  • Unit is on the top floor
  • Soaking Tub in Primary Bathroom
  • Don Callejon School Rated A
  • In Ground Pool
  • Mediterranean Architecture

About This Home

As of June 2024

PENTHOUSE MISSION TERRACE CONDO | This rarely available penthouse unit in sought-after Mission Terrace enjoys no neighbors overhead, in front, or along one side! Additional prized features include soaring ceilings, sweeping views from the entry, and exquisite community amenities. The flexible gathering area shares an open layout with the kitchen, and flows into a private covered patio. Functional yet elegant, the kitchen is lined with granite-slab countertops and showcases refinished cabinetry, an extensive bar, and new stainless appliances. Both bedrooms are spaciously designed, and the primary suite boasts walk-in closet with custom storage, dual vanities, and oversized tub. Enjoy in-unit laundry, central AC, updated paint and carpet, and two reserved parking spots. Easily reach the community playground, gym, yoga studio, and pool with spa. Within just ONE MILE are parks, shopping and dining at Rivermark Plaza, and top companies like Oracle, Intel, and MORE!

Last Agent to Sell the Property

Mike Strouf

Real Brokerage Technologies License #01253585 Listed on: 04/23/2024

Real Brokerage Technologies

Last Buyer's Agent

Vidya Murthy

Redfin License #02109158

Redfin

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,797

Year Built

  • Built in 2006

Lot Details

  • 436

Parking

  • 2 Car Garage
  • Lighted Parking
  • Tandem Parking
  • Garage Door Opener
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,070 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room
  • Courtyard Views

Kitchen

  • Open to Family Room
  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Oversized Bathtub in Primary Bathroom

Laundry

  • Laundry in unit
  • Washer and Dryer

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Community Sewer or Septic

Additional Features

  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 097-11-393

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include maintenance - exterior, exterior painting, fencing, garbage, landscaping / gardening, management fee, pool spa or tennis, roof, common area electricity, insurance - common area, maintenance - common area
  • Mission Terrace Of Santa Clara Association
  • Built by Mission Terrace
  • The community has rules related to parking rules
  • Greenbelt

Amenities

  • Trash Chute
  • Elevator

Recreation

  • Community Playground

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,797

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Parking Restrictions
  • Age: 18
  • Listing Class: Residential
  • Maximum Unit Floor Number: 4
  • Structure Sq Ft: 1070
  • Complex Name: Mission Terrace
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1070
  • Stories: 1
  • Security: Secured Garage / Parking, Controlled / Secured Access
  • Bedrooms: Walk-in Closet
  • Laundry: Washer / Dryer, Inside
  • Flooring: Laminate, Carpet
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Granite, Tub in Primary Bedroom, Showers over Tubs - 2+, Primary - Oversized Tub

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - In Ground, Pool - Fenced, Spa - In Ground, Community Facility
  • Roof: Tile
  • View: Court
  • Yard/Grounds: Balcony / Patio, Courtyard
  • Pool: Yes
  • Construction Type: Concrete

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, Guest / Visitor Parking, Lighted Parking Area, Tandem Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • HOA Fees: 455
  • HOA Amenities: Elevator, Garden / Greenbelt / Trails, Gym / Exercise Facility, Playground, Community Pool, Trash Chute
  • Association Fees Include: Maintenance - Exterior, Exterior Painting, Fencing, Garbage, Landscaping / Gardening, Management Fee, Pool, Spa, or Tennis, Roof, Common Area Electricity, Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: Mission Terrace of Santa Clara
  • H O A Exist: Yes

Schools

  • School District: Santa Clara Unified

Lot Info

  • Parcel Number: 097-11-393

Multi Family

  • Utilities: Individual Electric Meters, Public Utilities
  • Unit Features: Top Floor or Penthouse, Unit Faces Common Area

MLS Schools

  • High School District Text: Santa Clara Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2024
Closed on
May 24, 2024
Sold by
Garg Family Revocable Trust and Garg Saurabh
Bought by
Sherief Farouk
Seller's Agent
Mike Strouf
Real Brokerage Technologies
Buyer's Agent
Vidya Murthy
Redfin
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Views
57
Current Estimated Value
$917,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$32,622
Avg. Annual Appreciation
-2.85%
Original Mortgage
$649,000
Outstanding Balance
$641,512
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$275,866

Purchase Details

Closed on
Feb 15, 2018
Sold by
The Garg Family Revocable Trust
Bought by
Garg Saurabh and Garg Shilpa

Purchase Details

Closed on
Sep 27, 2017
Sold by
Agbayani Nikolas
Bought by
Garg Saurabh and Garg Shilpa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2006
Sold by
First American Title Insurance Co
Bought by
Agbayani Nikolas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$353,000
Interest Rate
3.75%
Mortgage Type
Purchase Money Mortgage
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
Sherief Farouk $950,000 Chicago Title
Garg Saurabh -- None Available
Garg Saurabh $780,000 Orange Coast Title Co Norcal
Agbayani Nikolas $444,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sherief Farouk $649,000
Previous Owner Garg Saurabh $510,000
Previous Owner Garg Saurabh $468,000
Previous Owner Agbayani Nikolas $353,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $950,000 +5.7% $888 / Sq Ft
05/08/2024 05/08/24 Pending -- -- --
04/23/2024 04/23/24 For Sale $899,000 -- $840 / 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 $9,797 $969,000 $484,500 $484,500
2024 $9,797 $835,000 $417,500 $417,500
2023 $9,716 $820,000 $410,000 $410,000
2022 $9,943 $836,316 $418,158 $418,158
2021 $9,907 $819,918 $409,959 $409,959
2020 $9,726 $811,512 $405,756 $405,756
2019 $9,715 $795,600 $397,800 $397,800
2018 $9,090 $780,000 $390,000 $390,000
2017 $5,978 $502,092 $251,046 $251,046
2016 $5,878 $492,248 $246,124 $246,124
2015 $5,775 $484,854 $242,427 $242,427
2014 $5,483 $475,358 $237,679 $237,679
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81962663

MLSListings

APN: 097-11-393