NOT LISTED FOR SALE

Estimated Value: $820,000 - $902,000

2 Beds
2.5 Baths
1,125 Sq Ft
$395/mo HOA Fee

Last Sold September 26, 2022

Last sale price $735,000 $653 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,816/month

95 Days on Market

Highlights

  • Private Pool
  • Two Primary Bedrooms
  • Elevator
  • Buchser Middle School Rated A-
  • Gated Community
  • Balcony

About This Home

As of September 2022

Welcome to Villa Madeira, a gated community with 35 units of townhome-style condominiums. The unit offers a cozy and open floor plan with open kitchen facing the dining area, perfect for casual meals, and to chat with the chef. Enjoy the lovely dining and living space with a corner brick fireplace. The back door opens to a private, fenced patio; a perfect outdoor space for small garden, work, exercise and for the kids to play. The guest half-bath downstairs has a compact laundry area for stackable washer & dryer. Two spacious bedrooms upstairs, each has a full bathroom. Ideal for a master bedroom suites and a home office. 2 assigned parking spaces. No long term rental restriction. Dual pane windows. New central AC & HV, Nest thermostat, new carpet & interior paint; storage shed in patio. Community amenities: security gate; gated swimming pool & spa; underground parking with an elevator. Conveniently located near shopping, dining, SC University, Caltrain, and expressways.

Last Agent to Sell the Property

Rowena Wong

Intero Real Estate Services License #01808837 Listed on: 06/01/2022

Intero Real Estate Services

Last Buyer's Agent

Ardeshir Vosooghi

KW Advisors License #01493558

KW Advisors

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,726

Year Built

  • 1984

Lot Details

  • Security Fence
  • Back Yard Fenced

HOA Fees

  • $395 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Guest Parking
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,125 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Electric Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Bathroom on Main Level
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Washer and Dryer

Home Security

Outdoor Features

  • Private Pool
  • Balcony
  • Shed

Utilities

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

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves, roof
  • 35 Units
  • Villa Madeira HOA
  • The community has rules related to parking rules

Amenities

  • Elevator

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,726

Year Built

1984

Lot Details

0

HOA Fees

$395 per month

Parking

2

Listing Details

  • Zoning: R1PD
  • Subclass: Condominium
  • Restrictions: Parking Restrictions, Pets - Allowed, Pets - Number Restrictions, Pets - Rules
  • Age: 38
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 35
  • Min Numberof Unitsin Complex: 35
  • Structure Sq Ft: 1125
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1984

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Tile, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Electric, Refrigerator, Trash Compactor
  • Fireplace: Yes
  • Living Sq Ft: 1125
  • Stories: 2
  • Security: Fire Alarm, Security Fence
  • Bedrooms: More Than One Primary Bedroom
  • Laundry: Electricity Hookup (220V), Inside, Washer / Dryer
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Half On Ground Floor, Shower Over Tub - 1, Stall Shower, Tub In Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Fenced, Storage Shed / Structure
  • Fencing: Fenced Back
  • Pool: Community Facility, Pool - Fenced, Spa - In Ground

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, Underground Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Villa Madeira
  • HOA Fees: 395
  • HOA Amenities: Community Pool, Community Security Gate, Elevator
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: Villa Madeira HOA

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.0135
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 590.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 590.00

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2022
Closed on
Sep 12, 2022
Sold by
Fortenberry Steven R
Bought by
Koch Kurt
Seller's Agent
Rowena Wong
Intero Real Estate Services
Buyer's Agent
Ardeshir Vosooghi
KW Advisors
List Price
$779,000
Sold Price
$735,000
Premium/Discount to List
-$44,000
-5.65%
Views
6
Current Estimated Value
$861,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,482
Avg. Annual Appreciation
5.59%
Original Mortgage
$588,000
Outstanding Balance
$563,205
Interest Rate
5.22%
Mortgage Type
New Conventional
Estimated Equity
$298,277

Purchase Details

Closed on
Jul 18, 2003
Sold by
Fortenberry Steven R
Bought by
Fortenberry Steven R and Fortenberry Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 24, 2000
Sold by
Fortenberry Steven R
Bought by
Fortenberry Steven R and Fortenberry Diane C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
8.2%

Purchase Details

Closed on
Sep 22, 1996
Sold by
Leiga Susan B and Leiga Kathleen E
Bought by
Fortenberry Steven R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,600
Interest Rate
7.95%
Source: Public Records

Range of Values:

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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
Koch Kurt $735,000 Orange Coast Title
Fortenberry Steven R -- Financial Title Company
Fortenberry Steven R -- Financial Title Company
Fortenberry Steven R $148,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Koch Kurt $588,000
Previous Owner Fortenberry Steven R $323,932
Previous Owner Fortenberry Steven R $144,155
Previous Owner Fortenberry Steven R $200,000
Previous Owner Fortenberry Steven R $179,000
Previous Owner Fortenberry Steven R $160,000
Previous Owner Fortenberry Steven R $140,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2022 09/26/22 Sold $735,000 -1.3% $653 / Sq Ft
09/05/2022 09/05/22 Pending -- -- --
07/29/2022 07/29/22 Price Changed $745,000 -1.3% $662 / Sq Ft
07/15/2022 07/15/22 Price Changed $755,000 -0.9% $671 / Sq Ft
07/05/2022 07/05/22 Price Changed $762,000 -0.9% $677 / Sq Ft
06/22/2022 06/22/22 Price Changed $769,000 -1.3% $684 / Sq Ft
06/01/2022 06/01/22 For Sale $779,000 -- $692 / 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 $8,726 $764,694 $382,347 $382,347
2024 $8,726 $749,700 $374,850 $374,850
2023 $8,637 $735,000 $367,500 $367,500
2022 $2,784 $227,120 $76,725 $150,395
2021 $2,689 $222,668 $75,221 $147,447
2020 $2,638 $220,386 $74,450 $145,936
2019 $2,636 $216,066 $72,991 $143,075
2018 $2,469 $211,830 $71,560 $140,270
2017 $2,456 $207,677 $70,157 $137,520
2016 $2,457 $203,606 $68,782 $134,824
2015 $2,446 $200,548 $67,749 $132,799
2014 $2,314 $196,620 $66,422 $130,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81894368

MLSListings

APN: 224-68-034