NOT LISTED FOR SALE

294 Gemstone Way Unit 29 Milpitas, CA 95035

Estimated Value: $1,046,019 - $1,264,000

3 Beds
2.5 Baths
1,371 Sq Ft
$825/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $850,000 $620 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,798/month

5 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Dining Area
  • Anthony Spangler Elementary School Rated A-
  • Separate Family Room
  • Gas Fireplace

About This Home

As of May 2017

This home is located at 294 Gemstone Way Unit 29, Milpitas, CA 95035 since 17 May 2017 and is currently estimated at $1,131,505, approximately $825 per square foot. This property was built in 1996. 294 Gemstone Way Unit 29 is a home located in Santa Clara County with nearby schools including Anthony Spangler Elementary School, Thomas Russell Middle School, and Milpitas High School.

Last Agent to Sell the Property

Kamini Patel

Intero Real Estate Services License #01856992 Listed on: 05/17/2017

Intero Real Estate Services

Last Buyer's Agent

Kamini Patel

Intero Real Estate Services License #01856992 Listed on: 05/17/2017

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1996

Lot Details

  • 871 Sq Ft Lot

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,371 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Dining Area

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Community Sewer or Septic

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, garbage, insurance - common area, roof
  • Management Solutions Association
  • Built by Reflections HOA

Listing and Financial Details

  • Assessor Parcel Number 022-55-029

Townhouse Details

Home Type

Townhome

Year Built

Built in 1996

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 1
  • Structure Sq Ft: 1371
  • Complex Name: Reflections HOA
  • Year Built: 1996
  • Zoning Description: PUD
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area
  • Living Sq Ft: 1371
  • Stories: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • 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, Fireplace
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • HOA Fees: 232
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance - Common Area, Roof
  • H O A Name Text: Management Solutions
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 022-55-029
  • Lot Acres: 0.0200
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 876.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 876.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 8, 2021
Sold by
Naik Rajan Dattatraya and Naik Rashmi Rajan
Bought by
Naik Rajan Dattatraya and Naik Rashmi Rajan
Current Estimated Value
$1,131,505

Purchase Details

Listed on
May 17, 2017
Closed on
May 25, 2017
Sold by
Gelli Srikanth and Pasuparthy Krishnapriya
Bought by
Naik Rajan D and Naik Rashmi R
Seller's Agent
Kamini Patel
Intero Real Estate Services
Buyer's Agent
Kamini Patel
Intero Real Estate Services
List Price
$828,000
Sold Price
$850,000
Premium/Discount to List
$22,000
2.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.37%

Purchase Details

Closed on
Jan 16, 2014
Sold by
Gelli Srikanth and Pasuparthy Krishnapriya
Bought by
Gelli Trust

Purchase Details

Closed on
Dec 17, 2012
Sold by
Gelli Srikanth
Bought by
Gelli Srikanth and Pasuparthy Krishnaprya

Purchase Details

Closed on
May 7, 2004
Sold by
Pasuparthy Krishnapriya
Bought by
Gelli Srikanth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2002
Sold by
Cho Yoen Jung
Bought by
Koo Bo Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.25%

Purchase Details

Closed on
Mar 1, 2002
Sold by
Tseng Camlein and Liu Hsing Ching
Bought by
Koo Bo Hwan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.25%

Purchase Details

Closed on
Nov 5, 1998
Sold by
Tseng Camlein
Bought by
Tseng Camlein and Liu Hsing Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.54%

Purchase Details

Closed on
Apr 22, 1997
Sold by
Greystone Homes Inc
Bought by
Tseng Camlein

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,240
Interest Rate
7.86%
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
Naik Rajan Dattatraya -- None Available
Naik Rajan D $850,000 First American Title Company
Gelli Trust -- None Available
Gelli Srikanth -- Old Republic Title Company
Gelli Srikanth -- North American Title Company
Gelli Srikanth $500,000 North American Title Company
Koo Bo Hwan -- Alliance Title Company
Koo Bo Hwan $420,000 Alliance Title Company
Tseng Camlein -- Chicago Title Co
Tseng Camlein $223,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gelli Srikanth $400,000
Previous Owner Koo Bo Hwan $336,000
Previous Owner Tseng Camlein $163,000
Previous Owner Tseng Camlein $178,240
Closed Gelli Srikanth $75,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $850,000 +2.7% $620 / Sq Ft
05/23/2017 05/23/17 Pending -- -- --
05/17/2017 05/17/17 For Sale $828,000 -- $604 / 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 $11,278 $986,490 $493,245 $493,245
2024 $11,278 $967,148 $483,574 $483,574
2023 $11,244 $948,186 $474,093 $474,093
2022 $11,200 $929,596 $464,798 $464,798
2021 $10,216 $841,900 $420,900 $421,000
2020 $9,894 $821,000 $410,500 $410,500
2019 $10,724 $884,340 $442,170 $442,170
2018 $10,182 $867,000 $433,500 $433,500
2017 $7,307 $612,525 $183,756 $428,769
2016 $7,011 $600,515 $180,153 $420,362
2015 $6,941 $591,495 $177,447 $414,048
2014 $6,675 $579,910 $173,972 $405,938
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81651900

MLSListings

APN: 022-55-029