NOT LISTED FOR SALE

227 Parc Place Dr Milpitas, CA 95035

Estimated Value: $1,099,351 - $1,176,000

3 Beds
3 Baths
1,280 Sq Ft
$892/Sq Ft Est. Value

Last Sold November 30, 2018

Last sale price $935,001 $730 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,352/month

6 Days on Market

Highlights

  • Indoor Spa
  • Private Pool
  • Clubhouse
  • Mabel Mattos Elementary School Rated A
  • Two Primary Bedrooms
  • Contemporary Architecture

About This Home

As of November 2018

Like NEW!!! Unique CORNER LOT and end unit, NE facing entrance, townhouse w/ highly sought after SIDE-BY-SIDE 2 CAR GARAGE. This desirable floor plan has 3 BEDROOMS and 3 FULL BATHS with lots of natural light and extra windows, EACH BEDROOM HAS ITS OWN BATH. Large WALK-IN CLOSET in master. This beautiful home is recently RENOVATED with contemporary FLOORS, modern CABINETS, gorgeous GRANITE counter top, custom pre-wired SURROUND SPEAKER SYSTEM, all new stainless steel appliances, new carpets, new staircase, updated bathrooms, recessed lighting, fresh paint and much more. HIGH CEILING throughout, central AC w/NEST, heater, inside laundry, custom hookups for WATER SOFTENER and a private patio. Well maintained community includes POOL, SPA, CLUBHOUSE and guest parking. This property is in the heart of Milpitas with easy access to 880, 680, 101 and 237. 5 minute walk to bus stops, VTA and BART. And an even shorter walk to GREAT MALL for shopping and entertainment. No rental restriction.

Last Agent to Sell the Property

Erica Wong

168 Realty License #01866034 Listed on: 10/25/2018

Last Buyer's Agent

Amar Realtor

Keller Williams Palo Alto License #01889230

Keller Williams Palo Alto

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,831

Year Built

  • Built in 2005

Lot Details

  • 1,268 Sq Ft Lot
  • End Unit
  • Northeast Facing Home
  • Grass Covered Lot

HOA Fees

  • $315 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Off-Street Parking
  • Assigned Parking

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,280 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Family or Dining Combination
  • Storage Room
  • Indoor Spa

Kitchen

  • Open to Family Room
  • Gas Oven
  • Self-Cleaning Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights

Pool

  • Private Pool
  • Above Ground Spa

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 086-54-078

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, fencing, gas, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, organized activities, pool spa or tennis, recreation facility, reserves, roof, water, water / sewer
  • Parc Place Association
  • Built by PARC PLACE
  • Greenbelt

Amenities

  • Sauna
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,831

Year Built

Built in 2005

Lot Details

0

HOA Fees

$315 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Age - No Restrictions
  • Age: 13
  • Listing Class: Residential
  • Structure Sq Ft: 1280
  • Complex Name: PARC PLACE
  • Year Built: 2005
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Countertop - Stone, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Microwave, Oven - Self Cleaning, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1280
  • Stories: 3
  • Bedrooms: More than One Primary Bedroom, Walk-in Closet
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Laundry Room, Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Full on Ground Floor, Shower and Tub, Shower over Tub - 1, Stall Shower, Tile, Tub, Updated Bath

Exterior Features

  • Pool Description: Community Facility, Spa - Above Ground, Spa - Indoor
  • Yard/Grounds: Balcony / Patio, Low Maintenance
  • Pool: Yes
  • Property Faces: Northeast

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Attached Garage, Common Parking Area, Detached Garage, Off-Street Parking, Parking Area

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 315
  • HOA Amenities: Club House, Community Pool, Garden / Greenbelt / Trails, Playground, Sauna / Spa / Hot Tub
  • HOA Documents: Bylaws, CC&RS, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Gas, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Organized Activities, Pool, Spa, or Tennis, Recreation Facility, Reserves, Roof, Water, Water / Sewer
  • H O A Name Text: PARC PLACE
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Milpitas Unified
  • Elementary School: Pearl Zanker Elementary
  • Middle School: Rancho Milpitas Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 290
  • Middle School: 283

Lot Info

  • Parcel Number: 086-54-078
  • Lot Acres: 0.0291
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1267.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1267.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Energy Star Lighting, Tankless Water Heater

Multi Family

  • Utilities: Public Utilities
  • Unit Features: Corner Unit, End Unit

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Pearl Zanker Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Nov 16, 2018
Sold by
Palaniappan Nanda K and Kaibara Kristine S
Bought by
Khasgiwale Gaurav and Jain Anshul
Seller's Agent
Erica Wong
168 Realty
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$879,999
Sold Price
$935,001
Premium/Discount to List
$55,002
6.25%
Current Estimated Value
$1,141,338

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$206,337
Avg. Annual Appreciation
2.96%
Original Mortgage
$744,000
Outstanding Balance
$639,451
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$501,887

Purchase Details

Closed on
Jun 22, 2015
Sold by
Palaniappan Nanda K
Bought by
Palaniappan Nanda K and Kaibara Kristine S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Palaniappan Nanda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$396,600
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2009
Sold by
Franco Jason and Franco Eloisa
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
May 5, 2005
Sold by
Western Pacific Housing Inc
Bought by
Franco Jason and Franco Eloisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$509,734
Interest Rate
4.87%
Mortgage Type
New Conventional
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
Khasgiwale Gaurav $935,500 Old Republic Title Co
Palaniappan Nanda K -- Chicago Title Company
Palaniappan Nanda K $441,000 Chicago Title Insurance Co
Deutsche Bank National Trust Company $381,551 Chicago Title Insurance Co
Franco Jason $637,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khasgiwale Gaurav $744,000
Previous Owner Palaniappan Nanda K $280,000
Previous Owner Palaniappan Nanda K $396,600
Previous Owner Franco Jason $509,734
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2018 11/30/18 Sold $935,001 +6.3% $730 / Sq Ft
11/01/2018 11/01/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $879,999 -5.9% $687 / Sq Ft
10/26/2018 10/26/18 Off Market $935,001 -- --
10/25/2018 10/25/18 For Sale $879,999 -- $687 / 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 $11,831 $1,043,007 $521,503 $521,504
2024 $11,831 $1,022,557 $511,278 $511,279
2023 $11,794 $1,002,507 $501,253 $501,254
2022 $11,746 $982,851 $491,425 $491,426
2021 $10,704 $890,000 $444,900 $445,100
2020 $9,977 $835,000 $417,400 $417,600
2019 $11,242 $935,001 $467,500 $467,501
2018 $5,972 $500,290 $250,145 $250,145
2017 $5,896 $490,482 $245,241 $245,241
2016 $5,657 $480,866 $240,433 $240,433
2015 $5,522 $473,644 $236,822 $236,822
2014 $5,367 $464,366 $232,183 $232,183
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81729052

MLSListings

APN: 086-54-078