NOT LISTED FOR SALE

242 Fairmeadow Way Milpitas, CA 95035

Estimated Value: $1,098,000 - $1,412,000

3 Beds
2.5 Baths
1,427 Sq Ft
$851/Sq Ft Est. Value

Last Sold November 03, 2016

Last sale price $920,000 $645 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,368/month

10 Days on Market

Highlights

  • Water Views
  • Private Pool
  • Mediterranean Architecture
  • Curtner Elementary School Rated A
  • Marble Bathroom Countertops
  • High Ceiling

About This Home

As of November 2016

Wow...ABSOLUTELY Stunning 3 BED/2.5 BATH Home in BEST LOCATION *TOP RATED CURTNER School district *THIS could be your NEXT HOME in a HIGHLY DESIRABLE & SAFE Neighborhood of Beresford Terrace/Milpitas *LOT of natural LIGHT throughout the HOME *HIGH Vaulted Ceiling *NO NEIGHBORS in BACK & FRONT side of the HOME *PRIVATE Living with PRIVACY *NEW STAINLESS STEEL Appliances *DP Windows *NEW Designer PAINT *KITCHEN GRANITE Countertops with BLACKSPLASH *UPDATED BATH ROOMS *NEW WOOD FLOORING *Washer/Dryer *NEW CUSTOM WINDOW treatments * NEW FIXTURES *BACKYARD to entertain friends and families *PERFECT Location *EASY ACCESS to HYWS 237, 680, & 880 and Shopping **** DONT miss opportunity to OWN THIS HOME*****

Last Agent to Sell the Property

Amar Realtor

Keller Williams Palo Alto License #01889230 Listed on: 09/24/2016

Keller Williams Palo Alto

Last Buyer's Agent

Priti Whatley

Christie's International Real Estate Sereno License #00951594

Christie's International Real Estate Sereno

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,108

Year Built

  • Built in 1994

Lot Details

  • 2,047 Sq Ft Lot
  • Fenced
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,427 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Water Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Microwave
  • Freezer
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Bathtub Includes Tile Surround

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 028-29-028

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, maintenance - common area, maintenance - exterior, pool spa or tennis, roof
  • Beresford Terrace HOA

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,108

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Mediterranean
  • Listing Class: Residential
  • Structure Sq Ft: 1427
  • Year Built: 1994
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook, Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Freezer, Garbage Disposal, Microwave, Oven - Gas, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1427
  • Stories: 2
  • Laundry: Dryer, Washer
  • Flooring: Laminate, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Marble, Stone, Tile, Tub, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Tile
  • View: Special, Water
  • Yard/Grounds: Back Yard, BBQ Area, Fenced
  • Pool: Yes

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Condo/Co-op/Association

  • HOA Fees: 230
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis, Roof
  • H O A Name Text: Beresford Terrace HOA
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 028-29-028
  • Lot Acres: 0.0470
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2051.68
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2051.68

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
Apr 16, 2020
Sold by
Rode Abhijit and Kumari Mamta
Bought by
Rode Abhijit Ashok and Kumari Mamta
Current Estimated Value
$1,215,026

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$477,466
Interest Rate
3.3%
Mortgage Type
New Conventional
Estimated Equity
$737,560

Purchase Details

Closed on
Nov 16, 2018
Sold by
Rode Abhijit Ashok and Kumari Mamta
Bought by
Rode Abhijit Ashok and Kumari Mamta

Purchase Details

Listed on
Sep 24, 2016
Closed on
Nov 1, 2016
Sold by
Mehta Rajeshkumar and Ravanavarapu Prashanthi
Bought by
Rode Abhijit Ashok and Kumari Mamta
Seller's Agent
Amar Realtor
Keller Williams Palo Alto
Buyer's Agent
Priti Whatley
Christie's International Real Estate Sereno
List Price
$849,000
Sold Price
$920,000
Premium/Discount to List
$71,000
8.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.14%
Original Mortgage
$720,000
Interest Rate
2.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2006
Sold by
Karunakaran Prashant and Pillay Rekha
Bought by
Mehta Rajeshkumar and Ravanavarapu Prashanthi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,430
Interest Rate
6.29%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 9, 2002
Sold by
Mathis Anne Fannie and Mathis Craig Robert
Bought by
Karunakaran Prashant and Pillay Rekha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
5.5%

Purchase Details

Closed on
Jun 10, 1999
Sold by
Wong Fannie A and Wong Jack W And Ruby J
Bought by
Mathis Craig Robert and Mathis Anne Fannie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
7.05%

Purchase Details

Closed on
Nov 14, 1995
Sold by
Shapell Industries Inc
Bought by
Wong Fannie Anne and Wong Jack W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,100
Interest Rate
7.51%
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
Rode Abhijit Ashok -- Chicago Title Company
Rode Abhijit -- Chicago Title Company
Rode Abhijit Ashok -- None Available
Rode Abhijit Ashok $920,000 Fidelity National Title Co
Mehta Rajeshkumar $665,000 Chicago Title Company
Karunakaran Prashant $460,000 Chicago Title
Mathis Craig Robert -- Old Republic Title Company
Wong Fannie Anne $206,000 Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rode Abhijit $540,000
Closed Rode Abhijit Ashok $720,000
Previous Owner Mehta Rajeshkumar $98,430
Previous Owner Mehta Rajeshkumar $500,000
Previous Owner Karunakaran Prashant $368,000
Previous Owner Mathis Craig Robert $195,000
Previous Owner Wong Fannie Anne $144,100
Closed Karunakaran Prashant $46,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/03/2016 11/03/16 Sold $920,000 +8.4% $645 / Sq Ft
10/05/2016 10/05/16 Pending -- -- --
09/24/2016 09/24/16 For Sale $849,000 -- $595 / 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 $12,108 $1,067,732 $533,866 $533,866
2024 $12,108 $1,046,798 $523,399 $523,399
2023 $12,071 $1,026,274 $513,137 $513,137
2022 $12,021 $1,006,152 $503,076 $503,076
2021 $11,847 $986,424 $493,212 $493,212
2020 $11,640 $976,310 $488,155 $488,155
2019 $11,505 $957,168 $478,584 $478,584
2018 $10,921 $938,400 $469,200 $469,200
2017 $10,860 $920,000 $460,000 $460,000
2016 $8,824 $767,672 $383,836 $383,836
2015 $8,735 $756,142 $378,071 $378,071
2014 $8,502 $741,332 $370,666 $370,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81625894

MLSListings

APN: 028-29-028