NOT LISTED FOR SALE

195 Rainbow Place Milpitas, CA 95035

Estimated Value: $1,180,000 - $1,325,000

3 Beds
3.5 Baths
1,404 Sq Ft
$881/Sq Ft Est. Value

Last Sold February 26, 2021

Last sale price $1,080,000 $769 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $7,906/month

7 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Combination Dining and Living Room
  • Mabel Mattos Elementary School Rated A

About This Home

As of February 2021

Abundant natural lighting and wonderful end-unit townhome in the highly desirable Parc Metro community. This beautiful townhome, built in 2000, features 3 bedrooms and 3.5 bathrooms with spacious living room, dining area, kitchen and 2 car side-by-side garage. 2 master suites are located on top floor and 1 guest bedroom with full bathroom is on the ground floor. A cozy backyard is also on the ground floor for outdoor enjoyment. Parc Metro grants you access to a vast community pool & SPA, clubhouse, & more! Walking distance to Great Mall and Bart. Enjoy the good Milpitas school district and also the convenience of a Stratford private school nearby. Easy access to Fwy 237/880/680.

Last Agent to Sell the Property

Amy Hong

Maxreal License #02048228 Listed on: 01/19/2021

Maxreal

Co-Listed By

Frank Fan

Maxreal License #02047922

Last Buyer's Agent

Irene Suh

Elim Investment Company License #01490635

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,323

Year Built

  • 2000

Lot Details

  • 976

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,404 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • 976 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include insurance - common area, landscaping / gardening, maintenance - common area, reserves, roof
  • Parc Metropolitan Association

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,323

Year Built

2000

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Townhouse
  • Age: 21
  • Listing Class: Residential
  • Structure Sq Ft: 1404
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2000

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room
  • Dining Room: Dining Area In Living Room
  • Fireplace: Yes
  • Living Sq Ft: 1404
  • Stories: 3
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 240
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Parc Metropolitan

Schools

  • School District: Milpitas Unified

Lot Info

  • Lot Acres: 0.0224
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 977.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 977.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2021
Closed on
Feb 19, 2021
Sold by
Choi Kwok Wai and Ying Nui
Bought by
Kim Ganghun and Kim Minhee
Seller's Agent
Amy Hong
Maxreal
Buyer's Agent
Irene Suh
Elim Investment Company
List Price
$968,000
Sold Price
$1,080,000
Premium/Discount to List
$112,000
11.57%
Current Estimated Value
$1,236,530

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,530
Avg. Annual Appreciation
2.77%
Original Mortgage
$864,000
Outstanding Balance
$776,272
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$448,121

Purchase Details

Closed on
Jul 24, 2015
Sold by
Choi Kwok Wai and Ying Nui
Bought by
The Kwok Wai Choi & Nul Ying Living Trus and Ying Nui

Purchase Details

Closed on
Jan 13, 2004
Sold by
Luu Roger H
Bought by
Choi Kwok Wai and Ying Nui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 26, 2000
Sold by
Rgcclpo Development Co Llc
Bought by
Luu Roger H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.65%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Kim Ganghun $1,080,000 First American Title Company
The Kwok Wai Choi & Nul Ying Living Trus -- None Available
Choi Kwok Wai $452,000 Alliance Title Company
Luu Roger H $428,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Ganghun $864,000
Previous Owner Choi Kwok Wai $333,700
Previous Owner Luu Roger H $275,000
Closed Choi Kwok Wai $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2021 02/26/21 Sold $1,080,000 +11.6% $769 / Sq Ft
01/27/2021 01/27/21 Pending -- -- --
01/19/2021 01/19/21 For Sale $968,000 -- $689 / 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 $13,323 $1,169,026 $584,513 $584,513
2024 $13,323 $1,146,104 $573,052 $573,052
2023 $13,283 $1,123,632 $561,816 $561,816
2022 $13,230 $1,101,600 $550,800 $550,800
2021 $7,272 $593,694 $210,156 $383,538
2020 $7,146 $587,608 $208,002 $379,606
2019 $7,066 $576,087 $203,924 $372,163
2018 $6,712 $564,792 $199,926 $364,866
2017 $6,627 $553,718 $196,006 $357,712
2016 $6,359 $542,862 $192,163 $350,699
2015 $6,295 $534,709 $189,277 $345,432
2014 $6,123 $524,236 $185,570 $338,666
Source: Public Records

Agents Affiliated with this Home

  • Amy Hong

    Seller's Agent in 2021

    Amy Hong

    Maxreal

    (650) 526-8198

    3 in this area

    84 Total Sales

    Amy Hong
    Section Image

  • F

    Seller Co-Listing Agent in 2021

    Frank Fan

    Maxreal

    Section Image
  • Irene Suh

    Buyer's Agent in 2021

    Irene Suh

    Elim Investment Company

    (408) 781-8431

    1 in this area

    87 Total Sales

    Irene Suh
    Section Image
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Map

Source: MLSListings

MLS Number: ML81826416

MLSListings

APN: 086-51-057

California Santa Clara County Milpitas 95035

195 Rainbow Place, Milpitas, CA

This home is located at 195 Rainbow Place, Milpitas, CA 95035 since 19 January 2021 and is currently estimated at $1,236,530, approximately $880 per square foot. This property was built in 2000. 195 Rainbow Place is a home located in Santa Clara County with nearby schools including Mabel Mattos Elementary School, Rancho Milpitas Middle School, and Milpitas High School.

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