NOT LISTED FOR SALE

2040 Main St Unit 126 Santa Clara, CA 95050

Downtown Santa Clara Neighborhood

Estimated Value: $818,000 - $895,000

2 Beds
2.5 Baths
1,125 Sq Ft
$763/Sq Ft Est. Value

Last Sold April 28, 2017

Last sale price $620,000 $551 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $5,370/month

6 Days on Market

Highlights

  • Private Pool
  • Sauna
  • Elevator
  • Buchser Middle School Rated A-
  • Stone Countertops
  • Balcony

About This Home

As of April 2017

Move in ready end-unit townhome with 2 master suites located in quiet gated community. Bright & open main living level features kitchen with new quartz countertop and breakfast bar, dining area, spacious living room with fireplace opens to the large and private patio, an updated half bath with interior laundry and laminate flooring. On the second level sits the 2 bright and spacious master suites. Freshly painted and new carpet. Underground parking with 2 designated spaces. Community pool and spa. Minutes to shopping, freeways, high-tech companies, Santa Clara University ... A must see.

Last Agent to Sell the Property

Meryle Sussman

Christie's International Real Estate Sereno License #01247038 Listed on: 03/22/2017

Christie's International Real Estate Sereno

Last Buyer's Agent

Maggie Chien

Green Valley Realty USA License #01973756

Green Valley Realty USA

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,293

Year Built

  • Built in 1984

Lot Details

  • 566 Sq Ft Lot
  • Fenced

Parking

  • 2 Car Garage
  • Electric Gate

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Area

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • Bathtub
  • Walk-in Shower

Pool

  • Private Pool
  • Spa

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 224-68-026

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, garbage, insurance - common area, maintenance - exterior, pool spa or tennis, reserves, roof
  • 32 Units
  • Villa Madiera Association
  • Built by Villa Madiera

Amenities

  • Sauna
  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,293

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Restrictions: Pets - Allowed, Pets - Restrictions
  • Age: 33
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 32
  • Structure Sq Ft: 1125
  • Complex Name: Villa Madiera
  • Year Built: 1984
  • Zoning Description: R1PD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Stone, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1125
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Spa / Hot Tub
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Fencing: Fenced

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Electric Gate, Underground Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 335
  • HOA Amenities: Community Pool, Elevator, Sauna / Spa / Hot Tub
  • Association Fees Include: Exterior Painting, Garbage, Insurance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Villa Madiera
  • H O A Exist: Yes

Schools

  • School District: Santa Clara Unified

Lot Info

  • Parcel Number: 224-68-026
  • Lot Acres: 0.0130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 576.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 576.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Santa Clara Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 22, 2017
Closed on
Apr 5, 2017
Sold by
Hayes Jeremy
Bought by
Chow Emily Shuo Yu
Seller's Agent
Meryle Sussman
Christie's International Real Estate Sereno
Buyer's Agent
Maggie Chien
Green Valley Realty USA
List Price
$595,000
Sold Price
$620,000
Premium/Discount to List
$25,000
4.2%
Current Estimated Value
$858,731

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$238,731
Avg. Annual Appreciation
3.98%
Original Mortgage
$424,000
Outstanding Balance
$354,525
Interest Rate
4.3%
Mortgage Type
New Conventional
Estimated Equity
$504,206

Purchase Details

Closed on
Aug 10, 2004
Sold by
Mapalo James D and Mapalo Deborah F
Bought by
Hayes Jeremy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 24, 2003
Sold by
Mapalo James and Mapalo Deborah F
Bought by
Mapalo James D and Mapalo Deborah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,522
Interest Rate
6.22%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 18, 2000
Sold by
James Mapalo and James Deborah F
Bought by
Mapalo James D and Mapalo Deborah F

Purchase Details

Closed on
Dec 30, 1998
Sold by
Mapalo Eleuteia D
Bought by
Mapalo Eleuteria D

Purchase Details

Closed on
Mar 6, 1996
Sold by
Lilly Harriette L
Bought by
Mapalo James and Mapalo Deborah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
7%
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
Chow Emily Shuo Yu $620,000 Chicago Title Company
Hayes Jeremy $370,000 First American Title Company
Mapalo James D -- First American Title Co
Mapalo James D -- --
Mapalo James -- --
Mapalo Eleuteria D -- --
Mapalo James $148,000 American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chow Emily Shuo Yu $424,000
Previous Owner Hayes Jeremy $45,000
Previous Owner Hayes Jeremy $360,000
Previous Owner Hayes Jeremy $360,000
Previous Owner Hayes Jeremy $10,000
Previous Owner Hayes Jeremy $296,000
Previous Owner Mapalo James D $146,522
Previous Owner Mapalo James $130,000
Previous Owner Mapalo James $90,000
Closed Hayes Jeremy $55,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/28/2017 04/28/17 Sold $620,000 +4.2% $551 / Sq Ft
03/29/2017 03/29/17 Pending -- -- --
03/22/2017 03/22/17 For Sale $595,000 -- $529 / 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 $8,293 $719,558 $359,779 $359,779
2024 $8,293 $705,450 $352,725 $352,725
2023 $8,210 $691,618 $345,809 $345,809
2022 $8,083 $678,058 $339,029 $339,029
2021 $8,053 $664,764 $332,382 $332,382
2020 $7,906 $657,948 $328,974 $328,974
2019 $7,898 $645,048 $322,524 $322,524
2018 $7,391 $632,400 $316,200 $316,200
2017 $5,407 $453,265 $245,008 $208,257
2016 $5,324 $444,378 $240,204 $204,174
2015 $5,304 $437,704 $236,596 $201,108
2014 $5,037 $429,131 $231,962 $197,169
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    Meryle Sussman

    Sereno Group

    Section Image

  • M

    Buyer's Agent in 2017

    Maggie Chien

    Green Valley Realty USA

    Section Image
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Map

Source: MLSListings

MLS Number: ML81643370

MLSListings

APN: 224-68-026

California Santa Clara County Santa Clara 95050 Downtown Santa Clara

2040 Main St Unit 126, Santa Clara, CA

This home is located at 2040 Main St Unit 126, Santa Clara, CA 95050 since 22 March 2017 and is currently estimated at $858,731, approximately $763 per square foot. This property was built in 1984. 2040 Main St Unit 126 is a home located in Santa Clara County with nearby schools including Scott Lane Elementary School, Buchser Middle School, and Santa Clara High School.

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