NOT LISTED FOR SALE

246 Alvarez Common Milpitas, CA 95035

Estimated Value: $1,452,000 - $1,591,000

3 Beds
2.5 Baths
1,770 Sq Ft
$854/Sq Ft Est. Value

Last Sold July 17, 2024

Last sale price $1,450,000 $819 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $9,016/month

6 Days on Market

Highlights

  • Pool and Spa
  • Gated Community
  • Wood Flooring
  • Pearl Zanker Elementary School Rated A-
  • Clubhouse
  • 5-minute walk to John McDermott Park

About This Home

As of July 2024

This stunning 3-bedroom, 2.5-bathroom home offers convenience & comfort in a gated community. The kitchen boasts quartz countertops, stainless steel appliances, a kitchen island, & a gas stove. The living room & dining room feature hardwood flooring. The large primary suite provides a peaceful retreat. This home also includes a versatile den/office, ideal for remote work or a quiet study space. With no homes directly in front & homes set further away on the sides, the interior is roomy & bright, enjoying an abundance of natural sunshine. Additional amenities include recessed lighting, dual pane windows, & added storage to keep organized. The home is equipped with a 2-zone heating & air conditioning system. This home also comes equipped with solar panels, providing energy savings benefits. The community offers Gigabit-speed fiber internet & amenities including a pool, tennis courts, & a clubhouse. Adjacent to Tom Evatt Park, you can enjoy access to basketball courts & picnic areas. Ideally located near freeways 237, 880, & 680, commuting is a breeze. This prime location provides easy access to shopping, dining, & entertainment options. Nearby schools include Stratford School, Merryhill School, & the highly rated Milpitas High School, offering excellent educational opportunities.

Last Agent to Sell the Property

Zaid Hanna

Real Estate 38 License #01421581 Listed on: 06/19/2024

Real Estate 38

Last Buyer's Agent

Annie Youn

New Star Realty Silicon Valley License #01771631

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1,742 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,770 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Separate Family Room
  • Dining Area

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Dual Sinks
  • Bathtub with Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Pool and Spa
  • Balcony

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 083-16-100

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include management fee, pool spa or tennis, reserves, common area electricity, recreation facility, insurance - common area, common area gas, maintenance - common area
  • Terra Serena Owners Association
  • Built by Terra Serena Owners Association

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

1,742 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1770
  • Complex Name: Terra Serena Owners Association
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area, Dining Bar
  • Kitchen: Countertop - Granite, Dishwasher, Island with Sink, Cooktop - Gas, Exhaust Fan
  • Living Sq Ft: 1770
  • Stories: 2
  • Laundry: Washer / Dryer, Upper Floor
  • Flooring: Hardwood, Laminate
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool / Spa Combo, Community Facility
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 190
  • HOA Amenities: Club House, BBQ Area, Playground, Community Pool, Community Security Gate
  • Association Fees Include: Management Fee, Pool, Spa, or Tennis, Reserves, Common Area Electricity, Recreation Facility, Insurance - Common Area, Common Area Gas, Maintenance - Common Area
  • H O A Name Text: Terra Serena Owners Association
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 083-16-100
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

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
Jun 19, 2024
Closed on
Jul 15, 2024
Sold by
Chu-Hsiung Ho
Bought by
Chung Ya-Hui
Seller's Agent
Zaid Hanna
Real Estate 38
Buyer's Agent
Annie Youn
New Star Realty Silicon Valley
List Price
$1,449,000
Sold Price
$1,450,000
Premium/Discount to List
$1,000
0.07%
Views
28
Current Estimated Value
$1,512,232

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,232
Avg. Annual Appreciation
2.55%

Purchase Details

Listed on
Jun 19, 2024
Closed on
Jul 10, 2024
Sold by
Krishnamurthy Vikram and Herale Shruthi S
Bought by
Chung Ya-Hui
Seller's Agent
Zaid Hanna
Real Estate 38
Buyer's Agent
Annie Youn
New Star Realty Silicon Valley
List Price
$1,449,000
Sold Price
$1,450,000
Premium/Discount to List
$1,000
0.07%
Views
28

Purchase Details

Closed on
Apr 27, 2016
Sold by
Wu Yufeng and Liang Ying
Bought by
Krishnamurthy Vikram and Herale Shruthi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$720,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 5, 2012
Sold by
Wu Yufeng
Bought by
Wu Yufeng and Liang Ying

Purchase Details

Closed on
Apr 6, 2011
Sold by
Liang Ying
Bought by
Wu Yufeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 22, 2010
Sold by
Wu Yufeng
Bought by
Wu Yufeng and Liang Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 11, 2008
Sold by
Kb Home South Bay Inc
Bought by
Wu Yufeng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$521,800
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chung Ya-Hui -- Old Republic Title
Chung Ya-Hui $1,450,000 Old Republic Title
Krishnamurthy Vikram $900,000 First American Title Company
Wu Yufeng -- None Available
Wu Yufeng -- First American Title Company
Wu Yufeng -- First American Title Company
Wu Yufeng -- First American Title Company
Wu Yufeng $652,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Krishnamurthy Vikram $720,000
Previous Owner Wu Yufeng $417,000
Previous Owner Wu Yufeng $448,000
Previous Owner Wu Yufeng $521,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/17/2024 07/17/24 Sold $1,450,000 +0.1% $819 / Sq Ft
06/26/2024 06/26/24 Pending -- -- --
06/19/2024 06/19/24 For Sale $1,449,000 -- $819 / Sq Ft
Source: MLSListings

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 $12,748 $1,450,000 $800,000 $650,000
2024 $12,748 $1,044,521 $678,940 $365,581
2023 $12,698 $1,024,041 $665,628 $358,413
2022 $12,622 $1,003,963 $652,577 $351,386
2021 $12,422 $984,279 $639,782 $344,497
2020 $12,204 $974,187 $633,222 $340,965
2019 $12,057 $955,086 $620,806 $334,280
2018 $11,455 $936,360 $608,634 $327,726
2017 $11,298 $918,000 $596,700 $321,300
2016 $8,692 $709,663 $369,858 $339,805
2015 $8,597 $699,004 $364,303 $334,701
2014 $8,290 $685,312 $357,167 $328,145
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81970280

MLSListings

APN: 083-16-100

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