NOT LISTED FOR SALE

196 Fairmeadow Way Milpitas, CA 95035

Estimated Value: $1,116,000 - $1,700,000

4 Beds
3 Baths
1,653 Sq Ft
$829/Sq Ft Est. Value

Last Sold June 23, 2017

Last sale price $1,005,000 $608 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $8,278/month

9 Days on Market

Highlights

  • In Ground Pool
  • Granite Countertops
  • Walk-In Closet
  • Curtner Elementary School Rated A
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of June 2017

Most desirable Milpitas location for a 2 Story End Unit Townhouse with views of the Foothills * 1 BR and 1 full Bath downstairs * Top Milpitas Schools: Curtner Elementary, Thomas Russell Middle, Milpitas High * Double Pane Windows with lots of natural sun light * Remodeled Kitchen with Granite Counters and Maple Cabinets * Private Patio * Laminate Flooring in Dining and Living Room * Living Room with Fireplace and access to Private Patio * Master Bedroom Suite with walking closet * Central Air Conditioning * Inside Laundry with extra cabinets * Most desirable Beresford Community with Pool and Spa * Enjoy a short walk to School, Park, Shopping and Restaurants * Convenient commute to jobs and new BART station * HOA Covers Exterior Painting, Roof, Fencing, Common area Maintenance and Utilities * Low HOA fee of $235 per month * Washer, Dryer and Refrigerator stays * Offers to be reviewed as they come starting from Wed 5/24 *

Last Agent to Sell the Property

Basant Somani

Realty One Group - World Properties License #01065171 Listed on: 05/17/2017

Realty One Group - World Properties

Last Buyer's Agent

Sudeep Goel

Bay East AOR License #01702007

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $13,214

Year Built

  • Built in 1994

Lot Details

  • 2,309 Sq Ft Lot
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,653 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Dining Area

Kitchen

  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • In Ground Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 028-29-030

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, maintenance - common area, management fee, pool spa or tennis, reserves
  • 515 Units
  • Beresford Terrace Home Owners Assoc. Association
  • Built by Beresford
  • The community has rules related to parking rules

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$13,214

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Parking Restrictions
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 515
  • Structure Sq Ft: 1653
  • Complex Name: Beresford
  • Year Built: 1994
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Gas, Pantry, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1653
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Community Facility, Pool - In Ground
  • Roof: Tile
  • Yard/Grounds: Back Yard
  • Pool: Yes
  • Fencing: Fenced Back

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • HOA Fees: 235
  • HOA Amenities: Community Pool
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Management Fee, Pool, Spa, or Tennis, Reserves
  • H O A Name Text: Beresford Terrace Home Owners Assoc.
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • High School: 293

Lot Info

  • Parcel Number: 028-29-030
  • Lot Acres: 0.0530
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2320.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2320.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Curtner Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2017
Closed on
Jun 14, 2017
Sold by
Das Jyoti Prakash and Chennessery Freny
Bought by
Suryawanshi Amit and Raducanu Daniela
Seller's Agent
Basant Somani
Realty One Group - World Properties
Buyer's Agent
Sudeep Goel
Bay East AOR
List Price
$948,000
Sold Price
$1,005,000
Premium/Discount to List
$57,000
6.01%
Current Estimated Value
$1,371,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,110
Avg. Annual Appreciation
3.79%
Original Mortgage
$804,000
Outstanding Balance
$654,178
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$716,932

Purchase Details

Listed on
Apr 1, 2015
Closed on
May 18, 2015
Sold by
Leung Leo and Zeng Guiyan
Bought by
Das Jyoti Prakash and Chennessery Freny
Seller's Agent
Lisa Xu
Coldwell Banker Realty
Buyer's Agent
Basant Somani
Realty One Group - World Properties
List Price
$789,000
Sold Price
$867,000
Premium/Discount to List
$78,000
9.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.29%
Original Mortgage
$134,900
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 29, 1995
Sold by
Shapell Industries Inc
Bought by
Chan Ming Xi and Liang Jing Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
7.36%
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
Suryawanshi Amit $1,005,000 Chicago Title Company
Das Jyoti Prakash $867,000 Cornerstone Title Company
Chan Ming Xi $235,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Suryawanshi Amit $804,000
Previous Owner Das Jyoti Prakash $134,900
Previous Owner Das Jyoti Prakash $625,500
Previous Owner Chan Ming Xi $176,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2017 06/23/17 Sold $1,005,000 +6.0% $608 / Sq Ft
05/26/2017 05/26/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $948,000 +9.3% $574 / Sq Ft
05/20/2015 05/20/15 Sold $867,000 +9.9% $525 / Sq Ft View Prior Sale
04/09/2015 04/09/15 Pending -- -- --
04/01/2015 04/01/15 For Sale $789,000 -- $477 / 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 $13,214 $1,166,384 $583,192 $583,192
2024 $13,214 $1,143,514 $571,757 $571,757
2023 $13,172 $1,121,094 $560,547 $560,547
2022 $13,118 $1,099,112 $549,556 $549,556
2021 $12,928 $1,077,562 $538,781 $538,781
2020 $12,702 $1,066,514 $533,257 $533,257
2019 $12,555 $1,045,602 $522,801 $522,801
2018 $11,916 $1,025,100 $512,550 $512,550
2017 $10,604 $897,825 $445,288 $452,537
2016 $10,177 $880,221 $436,557 $443,664
2015 $5,316 $448,607 $145,662 $302,945
2014 -- $439,820 $142,809 $297,011
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Basant Somani

    Realty One Group - World Properties

    Section Image

  • S

    Buyer's Agent in 2017

    Sudeep Goel

    Bay East AOR

  • L

    Seller's Agent in 2015

    Lisa Xu

    Coldwell Banker Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81651857

MLSListings

APN: 028-29-030

California Santa Clara County Milpitas 95035

196 Fairmeadow Way, Milpitas, CA

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