NOT LISTED FOR SALE

223 Fairmeadow Way Milpitas, CA 95035

Estimated Value: $1,112,000 - $1,587,000

4 Beds
3 Baths
1,653 Sq Ft
$795/Sq Ft Est. Value

Last Sold May 06, 2015

Last sale price $825,000 $499 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $7,825/month

7 Days on Market

Highlights

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

About This Home

As of May 2015

1 Bed/1 Full Bath Downstairs*Bright & Open Floor Plan*Double Paned Windows*Spacious Living Room with Pergo Floor*Cheerful Kitchen:Gas Range,Oak Cabinets & Nice Pantry*Huge Master Bedroom with Walk-in Closet*Master Bathroom: 2 Vanities,Shower Over Tub*Upgraded Wall to Wall Carpet in Upstairs Bedrooms*Hallway Bathroom:Shower Over Tub*Indoor Laundry Room*Attached 2 Car Garage*A/C*Community Pool* Curtner Elem (API 922),Thomas Russell Middle (API 871),Milpitas High (API 830)* Easy Access to HWY 237, 680 and 880

Last Agent to Sell the Property

Mark Wang

Portico Realty and Investment License #01422216 Listed on: 03/11/2015

Last Buyer's Agent

Gowthami Chinnam

Keller Williams Tri-Valley License #01935633

Keller Williams Tri-Valley

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,334

Year Built

  • Built in 1994

Lot Details

  • 2,352

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,653 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

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

Additional Features

  • 2,352 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 028-30-044

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, insurance - common area, landscaping / gardening, roof
  • Community Management Services Association

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,334

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1653
  • Year Built: 1994
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Garbage Disposal, Microwave
  • Living Sq Ft: 1653
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 234
  • HOA Amenities: Community Pool
  • Association Fees Include: Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Roof
  • H O A Name Text: Community Management Services
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • High School: 293

Lot Info

  • Parcel Number: 028-30-044
  • Lot Acres: 0.0540
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2350.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2350.00

Multi Family

  • Utilities: Public Utilities

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

Closed on
Nov 6, 2015
Sold by
Sistla Venkata Krishna Ravitej and Nanduri Madhuri
Bought by
Sistla Venkata Krishna Ravitej and Nanduri Madhuri
Current Estimated Value
$1,314,361

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$654,400
Outstanding Balance
$500,493
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$813,868

Purchase Details

Listed on
Mar 11, 2015
Closed on
Apr 9, 2015
Sold by
Monte Justin Rudy and Monte Rudy L
Bought by
Sistla Venkata Ravitej and Nanduri Madhuri
Seller's Agent
Mark Wang
Portico Realty and Investment
Buyer's Agent
Gowthami Chinnam
Keller Williams Tri-Valley
List Price
$739,000
Sold Price
$825,000
Premium/Discount to List
$86,000
11.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$72,700
Interest Rate
3.64%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 25, 2011
Sold by
Monte Rudy L and Monte Rudy
Bought by
Monte Rudy L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 25, 2005
Sold by
Grijalva David Alberto and Folcini Natalia M
Bought by
Monte Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 2004
Sold by
Grijalva David Alberto
Bought by
Grijalva David Alberto and Folcini Natalia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2004
Sold by
Wang He and Chen Lan
Bought by
Grijalva David Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 14, 2001
Sold by
Xu Sidney Yu and Xu Ann Yan
Bought by
Wang He and Chen Lan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$381,200
Interest Rate
7.37%

Purchase Details

Closed on
Dec 5, 1995
Sold by
Shapell Industries Inc
Bought by
Xu Sidney Yu and Xu Ann Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$173,500
Interest Rate
7.47%
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
Sistla Venkata Krishna Ravitej -- Wfg National Title Ins Co
Sistla Venkata Ravitej $825,000 First American Title Company
Monte Rudy L -- Old Republic Title Company
Monte Rudy $667,000 Chicago Title
Grijalva David Alberto -- Fidelity National Title Co
Grijalva David Alberto -- Fidelity National Title Ins
Grijalva David Alberto $550,000 Fidelity National Title Ins
Wang He $476,500 Chicago Title Co
Xu Sidney Yu $217,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sistla Venkata Krishna Ravitej $654,400
Closed Sistla Venkata Ravitej $72,700
Closed Sistla Venkata Ravitej $581,000
Previous Owner Monte Rudy L $370,000
Previous Owner Monte Rudy $382,000
Previous Owner Grijalva David Alberto $333,700
Previous Owner Wang He $381,200
Previous Owner Xu Sidney Yu $173,500
Closed Grijalva David Alberto $106,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/06/2015 05/06/15 Sold $825,000 +11.6% $499 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
03/11/2015 03/11/15 For Sale $739,000 -- $447 / 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 $11,334 $991,518 $495,759 $495,759
2024 $11,334 $972,078 $486,039 $486,039
2023 $11,300 $953,018 $476,509 $476,509
2022 $11,256 $934,332 $467,166 $467,166
2021 $11,095 $916,012 $458,006 $458,006
2020 $10,902 $906,620 $453,310 $453,310
2019 $10,777 $888,844 $444,422 $444,422
2018 $10,232 $871,416 $435,708 $435,708
2017 $10,101 $854,330 $427,165 $427,165
2016 $9,694 $837,580 $418,790 $418,790
2015 $8,757 $758,134 $378,982 $379,152
2014 -- $743,284 $371,559 $371,725
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81454700

MLSListings

APN: 028-30-044