NOT LISTED FOR SALE

1978 Pace Way Milpitas, CA 95035

Central San Jose Industral Area Neighborhood

Estimated Value: $1,367,000 - $1,512,000

4 Beds
3.5 Baths
1,947 Sq Ft
$722/Sq Ft Est. Value

Last Sold April 26, 2021

Last sale price $1,300,000 $668 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $9,002/month

6 Days on Market

Highlights

  • Quartz Countertops
  • Open to Family Room
  • Kitchen Island
  • Mabel Mattos Elementary School Rated A
  • 2 Car Attached Garage
  • 4-minute walk to Augustus Rathbone Park

About This Home

As of April 2021

This is 6 yrs new, 4bedrooms,3.5 baths has 1947 sf of living space. Exclusively west-facing, luxurious, energy-efficient home built by Trumark. Huge open space great room with lots of natural light.10ft high ceilings throughout. Many thoughtful upgrades including: 1) Tinted handrails to match cabinetry 2) Double pane windows , high quality cabinets, shelving, drawers, quartz countertops 3) Fully decked out master walk-in closet with tons of storage 4) Live cat5e wiring throughout the house, just plug and use 5) Upgraded kitchen, patio and all bathrooms tiles. Prime location is convenient to everything: New Mabel Mattos Elementary School, Great Mall, Costco, Trader Joe's, Ranch 99, H-Mart, Walking distance to BART&Light Rail. Close to many tech companies and Google pick up station just right the corner, Commute friendly with easy access to 880,680,237.

Last Agent to Sell the Property

Lily Li

Maxreal Property License #02019616 Listed on: 03/24/2021

Maxreal Property

Last Buyer's Agent

Rose Karta

FlyHomes, Inc License #02023493

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2014

Lot Details

  • 771 Sq Ft Lot

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,947 Sq Ft Home
  • 3-Story Property
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Gas Oven
  • Microwave
  • Kitchen Island
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

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

Community Details

Overview

  • Association fees include common area electricity, common area gas, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - exterior, roof
  • Intempus Association
  • The community has rules related to parking rules

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Year Built

2014

Lot Details

0

HOA Fees

$348 per month

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions, Parking Restrictions, Pets - Allowed
  • Listing Class: Residential
  • Structure Sq Ft: 1947
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2014

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area, Dining Area In Living Room
  • Kitchen: Countertop - Quartz, Island With Sink, Microwave, Oven Range, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1947
  • Stories: 3
  • Laundry: Washer / Dryer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

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

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • Complex Name: Pace
  • HOA Fees: 348
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Exterior, Roof
  • HOA Exist: Yes
  • H O A Name Text: Intempus

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.0177
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 772.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 772.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 24, 2021
Closed on
Apr 5, 2021
Sold by
Hao Brent Lim Tze and Yang Jerene Z
Bought by
Kao Kelvin and Lin Chin Ying
Seller's Agent
Lily Li
Maxreal Property
Buyer's Agent
Rose Karta
FlyHomes, Inc
List Price
$1,248,888
Sold Price
$1,300,000
Premium/Discount to List
$51,112
4.09%
Current Estimated Value
$1,405,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,697
Avg. Annual Appreciation
1.68%
Original Mortgage
$822,000
Outstanding Balance
$742,166
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$663,531

Purchase Details

Closed on
Mar 13, 2015
Sold by
Contour Trade Zone Llc
Bought by
Hao Brent Lim Tze and Yang Jerene Z

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,946
Interest Rate
3.54%
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
Kao Kelvin $1,300,000 First American Title Company
Hao Brent Lim Tze $801,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kao Kelvin $822,000
Previous Owner Hao Brent Lim Tze $640,946
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/26/2021 04/26/21 Sold $1,300,000 +4.1% $668 / Sq Ft
03/31/2021 03/31/21 Pending -- -- --
03/24/2021 03/24/21 For Sale $1,248,888 -- $641 / 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 $15,734 $1,260,000 $630,000 $630,000
2024 $15,734 $1,285,000 $642,500 $642,500
2023 $16,420 $1,325,000 $662,500 $662,500
2022 $16,627 $1,326,000 $663,000 $663,000
2021 $11,411 $889,569 $444,128 $445,441
2020 $11,210 $880,449 $439,575 $440,874
2019 $11,068 $863,186 $430,956 $432,230
2018 $10,516 $846,261 $422,506 $423,755
2017 $10,374 $829,669 $414,222 $415,447
2016 $9,958 $813,401 $406,100 $407,301
2015 $2,487 $147,285 $147,285 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2021

    Lily Li

    Maxreal Property

    Section Image

  • R

    Buyer's Agent in 2021

    Rose Karta

    FlyHomes, Inc

    Section Image
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Map

Source: MLSListings

MLS Number: ML81835632

MLSListings

APN: 086-82-041

California Santa Clara County Milpitas 95035 Central San Jose Industral Area

1978 Pace Way, Milpitas, CA

Not Listed for Sale

Townhouses

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