NOT LISTED FOR SALE

1975 Pace Way Milpitas, CA 95035

Central San Jose Industral Area Neighborhood

Estimated Value: $1,086,000 - $1,302,000

2 Beds
2 Baths
1,504 Sq Ft
$400/mo HOA Fee

Last Sold December 17, 2024

Last sale price $1,099,000 $731 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $7,471/month

31 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Open to Family Room
  • Mabel Mattos Elementary School Rated A
  • Balcony
  • 5-minute walk to Augustus Rathbone Park

About This Home

As of December 2024

IMPROVED PRICE $1,099,000!!! Experience contemporary urban living in this stunning townhouse-style condo in vibrant Milpitas. Built in 2015, this 2-bed, 2-bath end unit offers abundant natural light, impressive high ceilings, and top-level views. The gourmet kitchen boasts an oversized island with quartz countertops, high-end stainless-steel appliances, a gas range, and ample cabinetry. The open-concept layout seamlessly connects the kitchen, dining, and living areas, enhanced by folding patio doors for easy indoor-outdoor entertaining. The bright primary suite features a walk-in closet and dual sinks, creating a luxurious retreat. Additional highlights include central A/C, heating, custom window coverings, recessed lighting, and a spacious tandem two-car garage. Centrally located near Great Mall, Ranch 99, Trader Joes, and minutes from tech hubs like Google, Apple, LinkedIn, and Amazon. Enjoy nearby dining, entertainment, a walkable farmers market, and easy access to highways 880, 680, 237, the new BART station, and public transit.

Last Agent to Sell the Property

Carlos Padilla

Intero Real Estate Services License #01342889 Listed on: 10/14/2024

Intero Real Estate Services

Co-Listed By

Denise Padilla

Intero Real Estate Services License #01794598

Last Buyer's Agent

Marisa Suarez

Re/Max Accord License #01432502

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2015

Lot Details

  • 0.28

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Guest Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,504 Sq Ft Home
  • 3-Story Property
  • Double Pane Windows
  • Dining Area

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 2 Full Bathrooms
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat

Listing and Financial Details

  • Assessor Parcel Number 086-82-045

Community Details

Overview

  • Association fees include common area electricity, insurance - common area, maintenance - common area, maintenance - road, management fee, reserves
  • Momentum At Pace And Velocity At Pace Association
  • Built by Momentum at Pace and Velocity at

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

Built in 2015

Lot Details

0

HOA Fees

$400 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Number Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1504
  • Complex Name: Momentum at Pace and Velocity at
  • Incorporated: Yes
  • Year Built: 2015
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Island with Sink, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1504
  • Stories: 3
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1, Stone, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 400
  • HOA Amenities: BBQ Area, Playground
  • HOA Documents: Reserve Study
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area, Maintenance - Road, Management Fee, Reserves
  • H O A Name Text: Momentum at Pace and Velocity at Pace
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Lot Info

  • Parcel Number: 086-82-045

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2024
Closed on
Nov 19, 2024
Sold by
Brock Eugene and Brock Kristina
Bought by
Liu Peilu
Seller's Agent
Carlos Padilla
Intero Real Estate Services
Buyer's Agent
Marisa Suarez
Re/Max Accord
List Price
$1,199,000
Sold Price
$1,099,000
Premium/Discount to List
-$100,000
-8.34%
Views
78
Current Estimated Value
$1,192,892

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$93,892
Avg. Annual Appreciation
8.04%
Original Mortgage
$499,000
Outstanding Balance
$493,189
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$699,703

Purchase Details

Closed on
Nov 22, 2022
Sold by
Brock Eugene
Bought by
Brock Eugene and Brock Kristina

Purchase Details

Closed on
Jul 5, 2015
Sold by
Contour Trade Zone Llc
Bought by
Brock Eugene and Brock Kristina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,045
Interest Rate
3.3%
Mortgage Type
FHA
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
Liu Peilu $1,099,000 Orange Coast Title
Brock Eugene -- None Listed On Document
Brock Kristina -- None Listed On Document
Brock Eugene $680,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Peilu $499,000
Previous Owner Brock Eugene $588,045
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/17/2024 12/17/24 Sold $1,099,000 0.0% $731 / Sq Ft
11/15/2024 11/15/24 Pending -- -- --
10/28/2024 10/28/24 Price Changed $1,099,000 -8.3% $731 / Sq Ft
10/14/2024 10/14/24 For Sale $1,199,000 -- $797 / 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 $10,068 $1,099,000 $549,500 $549,500
2024 $10,068 $789,100 $394,596 $394,504
2023 $10,013 $773,628 $386,859 $386,769
2022 $9,931 $758,460 $379,274 $379,186
2021 $9,763 $743,589 $371,838 $371,751
2020 $9,592 $735,966 $368,026 $367,940
2019 $9,470 $721,536 $360,810 $360,726
2018 $9,002 $707,389 $353,736 $353,653
2017 $8,880 $693,519 $346,800 $346,719
2016 $8,526 $679,921 $340,000 $339,921
2015 $2,258 $179,753 $179,753 $0
Source: Public Records

Agents Affiliated with this Home

  • Carlos Padilla

    Seller's Agent in 2024

    Carlos Padilla

    Intero Real Estate Services

    (650) 947-4746

    1 in this area

    92 Total Sales

    Carlos Padilla
    Section Image
  • Denise Padilla

    Seller Co-Listing Agent in 2024

    Denise Padilla

    Intero Real Estate Services

    (650) 947-4746

    1 in this area

    61 Total Sales

    Denise Padilla
    Section Image
  • Marisa Suarez

    Buyer's Agent in 2024

    Marisa Suarez

    RE/MAX

    (510) 207-1462

    1 in this area

    40 Total Sales

    Marisa Suarez
    Section Image
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Map

Source: MLSListings

MLS Number: ML81983734

MLSListings

APN: 086-82-045

California Santa Clara County Milpitas 95035 Central San Jose Industral Area

1975 Pace Way, Milpitas, CA

Not Listed for Sale

Condos

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