NOT LISTED FOR SALE

295 Rio Verde Place Unit 2 Milpitas, CA 95035

Estimated Value: $612,000 - $746,000

2 Beds
1 Bath
882 Sq Ft
$411/mo HOA Fee

Last Sold January 06, 2022

Last sale price $688,000 $780 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $4,474/month

57 Days on Market

Highlights

  • Private Pool
  • Traditional Architecture
  • Corner Lot
  • Anthony Spangler Elementary School Rated A
  • End Unit
  • Granite Countertops

About This Home

As of January 2022

Nestled in the quiet community of Granada Condos, this stunning two level townhouse style features two bedrooms and one full bathroom. It has been remodeled from floor to ceiling with tons of upgrades and updates! See the bright kitchen that features soft close cabinets and drawers and stainless steel appliances! Other upgrades include an updated staircase railing, new laminate floors, new carpeting, and air-conditioning which only few units have. Ask listing agent for list of other additional upgrades. Conveniently located near shopping and restaurants, easy access to highways 237, 880, and 680 plus a few minutes away from Milpitas BART station. This is a must see property!

Last Agent to Sell the Property

Cristina Martinez

Hernani Mendoza, Broker License #00990393 Listed on: 09/16/2021

Last Buyer's Agent

Cristina Martinez

Hernani Mendoza, Broker License #00990393 Listed on: 09/16/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,140

Year Built

  • 1971

Lot Details

  • End Unit
  • Southeast Facing Home
  • Wood Fence
  • Level Lot

HOA Fees

  • $411 Monthly HOA Fees

Parking

  • 1 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 882 Sq Ft Home
  • 2-Story Property
  • Entertainment System
  • Ceiling Fan
  • Double Pane Windows
  • Dining Room
  • Neighborhood Views
  • Alarm System

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include garbage, landscaping / gardening, pool spa or tennis, water
  • 280 Units
  • Legacy Community Management Association
  • Greenbelt

Amenities

  • Coin Laundry

Recreation

  • Community Playground
  • Exercise Course
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,140

Year Built

1971

Lot Details

0

HOA Fees

$411 per month

Parking

1

Listing Details

  • Zoning: R1PUD
  • Subclass: Condominium
  • Style: Traditional
  • Age: 50
  • Listing Class: Residential
  • Max Numberof Unitsin Building: 4
  • Min Numberof Unitsin Complex: 280
  • Structure Sq Ft: 882
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, No Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Gas, Pantry, Refrigerator
  • Living Sq Ft: 882
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Coin Operated, Community Facility
  • Flooring: Carpet, Laminate
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Shower Over Tub - 1, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter And Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Neighborhood
  • Fencing: Wood
  • Property Faces: Southeast
  • Construction Type: Stucco, Wood

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Ceiling Fan, Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connected

Condo/Co-op/Association

  • Complex Name: Granada Condos
  • HOA Fees: 411
  • HOA Amenities: Community Pool, Exercise Course, Garden / Greenbelt / Trails, Playground
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Garbage, Landscaping / Gardening, Pool, Spa, Or Tennis, Water
  • HOA Exist: Yes
  • H O A Name Text: Legacy Community Management

Association/Amenities

  • Amenities Miscellaneous: Video / Audio System

Schools

  • School District: Milpitas Unified
  • Elementary School: Anthony Spangler Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 288
  • Middle School: 291

Lot Info

  • Lot Description: Grade - Level, Regular

Green Features

  • Energy Features: Double Pane Windows

Multi Family

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2021
Closed on
Mar 2, 2022
Sold by
Adel Espiritu Jr
Bought by
Espiritu Adel and Miranda Karen Louise
Seller's Agent
Cristina Martinez
Hernani Mendoza, Broker
Buyer's Agent
Cristina Martinez
Hernani Mendoza, Broker
List Price
$688,000
Sold Price
$688,000
Current Estimated Value
$661,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$26,609
Avg. Annual Appreciation
-1.04%
Original Mortgage
$550,400
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2021
Closed on
Jan 2, 2022
Sold by
Funk Garrett L and Revo Ma
Bought by
Espiritu Adel and Miranda Karen Louise
Seller's Agent
Cristina Martinez
Hernani Mendoza, Broker
Buyer's Agent
Cristina Martinez
Hernani Mendoza, Broker
List Price
$688,000
Sold Price
$688,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$550,400
Interest Rate
3.12%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 16, 2018
Closed on
Apr 25, 2018
Sold by
Nguyen Man M
Bought by
Funk Garrett and Martinez Funk Ma Cristina
Seller's Agent
Kathy Low
Coldwell Banker The Professional Group
Buyer's Agent
Cristina Martinez
Hernani Mendoza, Broker
List Price
$569,950
Sold Price
$615,000
Premium/Discount to List
$45,050
7.9%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.09%
Original Mortgage
$430,000
Interest Rate
4.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2011
Sold by
Cu Linh Ngoc
Bought by
Nguyen Man M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2011
Sold by
Ly Tho H and Pham Hong Phuong T
Bought by
Nguyen Man M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 12, 2001
Sold by
Vanwyk Kimberly S
Bought by
Ly Tho H and Pham Hong Phuong T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$223,200
Interest Rate
7.08%
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
Espiritu Adel $22,000 None Listed On Document
Espiritu Adel $688,000 Fidelity National Title
Garrett L Funk & Ma Cristina Funk Revocable T -- None Listed On Document
Funk Garrett $615,000 Fidelity National Title
Nguyen Man M -- Chicago Title Company
Nguyen Man M $155,000 Chicago Title Company
Ly Tho H $279,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Espiritu Adel $550,400
Previous Owner Funk Garrett $430,000
Previous Owner Nguyen Man M $124,000
Previous Owner Ly Tho H $223,200
Closed Ly Tho H $27,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/06/2022 01/06/22 Sold $688,000 0.0% $780 / Sq Ft
11/13/2021 11/13/21 Pending -- -- --
09/16/2021 09/16/21 For Sale $688,000 +11.9% $780 / Sq Ft
04/30/2018 04/30/18 Sold $615,000 +7.9% $697 / Sq Ft View Prior Sale
03/28/2018 03/28/18 Pending -- -- --
03/16/2018 03/16/18 For Sale $569,950 -- $646 / 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 $7,140 $630,000 $315,000 $315,000
2024 $7,140 $605,000 $302,500 $302,500
2023 $6,908 $575,000 $287,500 $287,500
2022 $7,930 $659,402 $329,701 $329,701
2021 $6,775 $558,800 $279,400 $279,400
2020 $6,562 $545,000 $272,500 $272,500
2019 $6,199 $627,300 $313,650 $313,650
2018 $2,193 $171,101 $119,772 $51,329
2017 $2,166 $167,747 $117,424 $50,323
2016 $2,076 $164,459 $115,122 $49,337
2015 $2,056 $161,989 $113,393 $48,596
2014 $1,988 $158,817 $111,172 $47,645
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81863047

MLSListings

APN: 086-35-042