NOT LISTED FOR SALE

302 Alvarez Common Milpitas, CA 95035

Estimated Value: $1,504,000 - $1,675,000

3 Beds
2.5 Baths
1,772 Sq Ft
$889/Sq Ft Est. Value

Last Sold January 23, 2015

Last sale price $810,000 $457 Per Sq Ft

Est. 94% increase in value since last sale

Current estimated payment $9,206/month

11 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Pearl Zanker Elementary School Rated A-
  • Mountain View
  • Bonus Room

About This Home

As of January 2015

Charming 8 years new single family home in gated community.Sunny and Bright. Close to major freeways, shopping mall, schools and parks. Three bedrooms plus a bonus room next to the garage. can be used as guest room, hobby room, computer room.Inside laundry room. Master suite has walk in closet, tub, shower, duet sinks. Air conditioning. Extra storage space. Plenty parking off street. Low HOA dues.

Last Agent to Sell the Property

Mary Ja

Red Carpet Real Estate-Capitol License #00869708 Listed on: 12/03/2014

Last Buyer's Agent

William Welch

Red Carpet Real Estate Capitol License #00559345

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1,481

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,772 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Window Treatments
  • Combination Dining and Living Room
  • Bonus Room
  • Storage Room
  • Utility Room
  • Mountain Views

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Additional Features

  • Barbecue Area
  • Zoning described as R1

Listing and Financial Details

  • Assessor Parcel Number 086-57-093

Community Details

Overview

  • Property has a Home Owners Association
  • Terra Serena Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 1772
  • Builder Architect: K&B Homes
  • Incorporated: Yes
  • Map Book Page: 813
  • Map Side Coordinate: 1
  • Map Top Coordinate: J
  • Thomas Bros Page: 813
  • Thomas Brothers: J1
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room, Breakfast Nook
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Microwave, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 1772
  • Stories: 3
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer
  • Flooring: Carpet - Area, Tile, Laminate
  • Additional Rooms: Bonus / Hobby Room, Utility Room, Storage
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: In Ground Concrete, Community Facility, Pool - Yes
  • Roof: Tile
  • View: Mountains
  • Yard/Grounds: BBQ Area
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), High Ceiling

Condo/Co-op/Association

  • HOA Fees: 125
  • H O A Name Text: Terra Serena
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 086-57-093
  • List Price per Sq Ft: 450.34
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1488.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 1488.00
  • Lot Size Area Min Search: 1488.00
  • Maximum Lot Size: 1488.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 3

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Pearl Zanker Elementary
  • High School Text: Milpitas High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2018
Sold by
Thangadurai Ramanan and Pappakrishnan Rajaumari
Bought by
Rajakumari Thangadurai Ramanan and Rajakumari Pappakrishnan
Current Estimated Value
$1,575,295

Purchase Details

Listed on
Dec 3, 2014
Closed on
Jan 20, 2015
Sold by
Zhou Guo Quan David and Liu Xin
Bought by
Rajakumari Thangadurai Ramanan and Rajakumari Pappakrishnan
Seller's Agent
Mary Ja
Red Carpet Real Estate-Capitol
Buyer's Agent
William Welch
Red Carpet Real Estate Capitol
List Price
$798,000
Sold Price
$810,000
Premium/Discount to List
$12,000
1.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$417,000
Outstanding Balance
$310,701
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,264,594

Purchase Details

Closed on
Dec 19, 2008
Sold by
Zhou Guo Quan David and Liu Xin
Bought by
Zhou Guo Quan David and Liu Xin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Kb Home South Bay Inc
Bought by
Zhou Guo Quan and Liu Xin
Source: Public Records

Range of Values:

--
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
Rajakumari Thangadurai Ramanan -- None Available
Rajakumari Thangadurai Ramanan $810,000 Cornerstone Title Company
Zhou Guo Quan David -- Chicago Title Company
Zhou Guo Quan $719,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rajakumari Thangadurai Ramanan $417,000
Previous Owner Zhou Guo Quan David $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/23/2015 01/23/15 Sold $810,000 0.0% $457 / Sq Ft
12/15/2014 12/15/14 Pending -- -- --
12/03/2014 12/03/14 Off Market $810,000 -- --
12/03/2014 12/03/14 For Sale $798,000 -- $450 / 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 $11,719 $973,489 $584,095 $389,394
2024 $11,719 $954,402 $572,643 $381,759
2023 $11,672 $935,689 $561,415 $374,274
2022 $11,600 $917,343 $550,407 $366,936
2021 $11,414 $899,357 $539,615 $359,742
2020 $11,215 $890,136 $534,082 $356,054
2019 $11,079 $872,683 $523,610 $349,073
2018 $10,527 $855,573 $513,344 $342,229
2017 $10,383 $838,798 $503,279 $335,519
2016 $9,967 $822,352 $493,411 $328,941
2015 $7,303 $585,309 $252,904 $332,405
2014 $7,107 $573,844 $247,950 $325,894
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81441598

MLSListings

APN: 083-16-093