NOT LISTED FOR SALE

Estimated Value: $1,053,000 - $1,254,000

2 Beds
2.5 Baths
1,393 Sq Ft
1,263 Sq Ft Lot

Last Sold July 12, 2017

Last sale price $805,000 $578 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,769/month

32 Days on Market

Highlights

  • High Ceiling
  • Open to Family Room
  • Walk-In Closet
  • Mabel Mattos Elementary School Rated A
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of July 2017

Welcome home! Abundant light flows throughout this stunning, tri-level, corner unit built in 2014! Listed as a condo, but shows like a townhome! Property features include $30k in upgrades: hardwood floors throughout, recessed lighting in living area and master bedroom, rustic barn door in master bedroom, upgraded kitchen counters, island, backsplash, and stainless steel Whirlpool appliances. Enjoy soaring high ceilings, dual pane windows, open floor plan, and balcony. Walking distance to VTA light rail station and upcoming Milpitas BART station. Easy access to highways 880, 680, and 237.

Last Agent to Sell the Property

Danny Burgess

Keller Williams Palo Alto License #01963964 Listed on: 05/10/2017

Keller Williams Palo Alto

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2014

Lot Details

  • 1,263

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,393 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Dining Area

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Microwave
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Dual Sinks
  • Bathtub with Shower

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, garbage, insurance, insurance - common area, maintenance - common area, reserves, roof
  • Velocity At Pace/Momentum At Pace Association
  • Built by Velocity/Momentum at Pace

Listing and Financial Details

  • Assessor Parcel Number 086-82-014

Property Details

Home Type

Condominium

Year Built

Built in 2014

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1393
  • Complex Name: Velocity/Momentum at Pace
  • Incorporated: Yes
  • Year Built: 2014
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area
  • Kitchen: Dishwasher, Island with Sink, Microwave, Oven Range - Gas, Pantry Cabinet
  • Living Sq Ft: 1393
  • Stories: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Double Sinks, Shower and Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 335
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance, Insurance - Common Area, Maintenance - Common Area, Reserves, Roof
  • H O A Name Text: Velocity at Pace/Momentum at Pace
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 086-82-014
  • Lot Acres: 0.0290
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1269.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1269.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 10, 2017
Closed on
Jul 7, 2017
Sold by
Shah Jay and Shah Kshama Jay
Bought by
Nguyen Erick
Seller's Agent
Danny Burgess
Keller Williams Palo Alto
Buyer's Agent
RECIP
Out of Area Office
List Price
$798,000
Sold Price
$805,000
Premium/Discount to List
$7,000
0.88%
Current Estimated Value
$1,115,330

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$310,330
Avg. Annual Appreciation
3.91%
Original Mortgage
$644,000
Outstanding Balance
$535,789
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$579,541

Purchase Details

Closed on
Jul 3, 2014
Sold by
Contour Trade Zone Llc
Bought by
Shah Jay and Shah Kshama Jay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,827
Interest Rate
4.1%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nguyen Erick $805,000 Old Republic Title Company
Shah Jay $615,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Erick $644,000
Previous Owner Shah Jay $553,827
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2017 07/12/17 Sold $805,000 +1.3% $578 / Sq Ft
06/12/2017 06/12/17 Pending -- -- --
06/09/2017 06/09/17 Price Changed $795,000 -0.4% $571 / Sq Ft
05/10/2017 05/10/17 For Sale $798,000 -- $573 / 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 $11,312 $915,946 $457,973 $457,973
2024 $11,312 $897,988 $448,994 $448,994
2023 $11,254 $880,382 $440,191 $440,191
2022 $11,166 $863,120 $431,560 $431,560
2021 $10,980 $846,198 $423,099 $423,099
2020 $10,787 $837,522 $418,761 $418,761
2019 $10,652 $821,100 $410,550 $410,550
2018 $10,122 $805,000 $402,500 $402,500
2017 $8,150 $637,312 $318,656 $318,656
2016 $7,824 $624,816 $312,408 $312,408
2015 $7,733 $615,432 $307,716 $307,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81650845

MLSListings

APN: 086-82-014