NOT LISTED FOR SALE

Estimated Value: $1,184,066 - $1,454,000

2 Beds
3 Baths
1,531 Sq Ft
1,830 Sq Ft Lot

Last Sold July 15, 2021

Last sale price $1,125,000 $735 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,549/month

7 Days on Market

Highlights

  • Den
  • 2 Car Attached Garage
  • Guest Parking
  • Mabel Mattos Elementary School Rated A
  • Tile Flooring
  • Forced Air Heating and Cooling System

About This Home

As of July 2021

Bright two-level corner end unit condominium in the heart of Milpitas walking distance to the BART station. Move-in Ready home with brand new LVT floors in the living areas and fluffy carpets in the bedrooms. Kitchen boasts espresso cabinets, with granite countertops, stainless steel appliances, paired with an oversized kitchen island overlooking the living room and balcony creating an open floorplan. Modern high ceilings, a fresh coat of modernized two-toned paint with porpoise fin gray tones, and recessed lighting throughout. Ground floor den/office can be used as a bedroom due to the full bathroom on the ground floor. Two-car side-by-side garage with in-unit laundry. Quick access to highways 680, 880, 237 as well as Montague expressway.

Last Agent to Sell the Property

Alan Wang

KW Santa Clara Valley Inc License #01380385 Listed on: 06/15/2021

KW Santa Clara Valley Inc

Last Buyer's Agent

Sunita Merchia

Merchia Realty License #01900102

Merchia Realty

Property Details

Home Type

  • Condominium

Year Built

  • 2015

Lot Details

  • 1,830

Parking

  • 2 Car Attached Garage
  • Guest Parking

Interior Spaces

  • 1,531 Sq Ft Home
  • 2-Story Property
  • Combination Dining and Living Room
  • Den
  • Laundry in unit

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Velocity At Pace Homeowners Association

Property Details

Home Type

Condominium

Year Built

2015

Lot Details

0

Parking

2

Listing Details

  • Zoning: R3
  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1531
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2015

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area In Living Room
  • Living Sq Ft: 1531
  • Stories: 2
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Den / Study / Office
  • Full Bathrooms: 3
  • Total Bedrooms: 2

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 349
  • HOA Exist: Yes
  • H O A Name Text: Velocity at Pace Homeowners Association

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2021
Closed on
Jul 7, 2021
Sold by
Choi David
Bought by
Dharani Raunak and Ladsaria Anisha
Seller's Agent
Alan Wang
KW Santa Clara Valley Inc
Buyer's Agent
Sunita Merchia
Merchia Realty
List Price
$998,000
Sold Price
$1,125,000
Premium/Discount to List
$127,000
12.73%
Current Estimated Value
$1,215,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$90,159
Avg. Annual Appreciation
2.80%
Original Mortgage
$900,000
Outstanding Balance
$813,061
Interest Rate
2.62%
Mortgage Type
New Conventional
Estimated Equity
$460,706

Purchase Details

Closed on
Jul 5, 2015
Sold by
Contour Trade Zone Llc
Bought by
Choi David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,300
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Dharani Raunak $1,125,000 Lawyers Title Company
Choi David $725,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dharani Raunak $900,000
Previous Owner Choi David $580,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/15/2021 07/15/21 Sold $1,125,000 +12.7% $735 / Sq Ft
06/23/2021 06/23/21 Pending -- -- --
06/15/2021 06/15/21 For Sale $998,000 -- $652 / 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 $14,425 $1,193,858 $596,929 $596,929
2024 $14,425 $1,170,450 $585,225 $585,225
2023 $14,358 $1,147,500 $573,750 $573,750
2022 $14,256 $1,125,000 $562,500 $562,500
2021 $10,352 $793,322 $396,992 $396,330
2020 $10,171 $785,189 $392,922 $392,267
2019 $10,043 $769,794 $385,218 $384,576
2018 $9,545 $754,701 $377,665 $377,036
2017 $9,417 $739,904 $370,260 $369,644
2016 $9,041 $725,397 $363,000 $362,397
2015 $1,888 $147,254 $147,254 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81848904

MLSListings

APN: 086-82-067