NOT LISTED FOR SALE

314 Fairmeadow Way Milpitas, CA 95035

Estimated Value: $1,242,000 - $1,329,547

3 Beds
2.5 Baths
1,410 Sq Ft
$921/Sq Ft Est. Value

Last Sold April 13, 2022

Last sale price $1,481,314 $1,051 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $8,217/month

5 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Sauna
  • Curtner Elementary School Rated A
  • Wood Flooring
  • 2 Car Attached Garage

About This Home

As of April 2022

Welcome to 314 Fairmeadow Way. This beautifully remodeled 2 story, spacious 3 bedroom 2.5 bath home is located in the highly desired Beresford Terrace community., in central Milpitas. LOW HOA!! 314 Fairmeadow is completely upgraded, very bright, ample sun light and vaulted ceilings. Upgraded Bathrooms. Master Bedroom has large closet space. Generous size Backyard. Two car attached garage with plenty of guest parking.Great Location with nearby access to Bart, Great Mall, library and restaurants. Within 5 minutes you can be on 680, 880 or the 237 Freeway. Excellent Schools! A short walk to the upcoming Stratford Private School. Don't miss out on this one of a kind home!!

Last Agent to Sell the Property

Pauline David

Intero Real Estate Services License #01320672 Listed on: 03/17/2022

Intero Real Estate Services

Last Buyer's Agent

Asha Raghupathy

Intero Real Estate Services License #02070636

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1994

Lot Details

  • 1,969

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,410 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Separate Family Room
  • Dining Area
  • Crawl Space

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Additional Features

  • Private Pool
  • 1,969 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include common area electricity, common area gas, insurance - common area, maintenance - common area, pool spa or tennis, roof
  • Beresford Master Association
  • The community has rules related to parking rules

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

1994

Lot Details

0

HOA Fees

$255 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Townhouse
  • Restrictions: Parking Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1410
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1994

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area
  • Living Sq Ft: 1410
  • Stories: 2
  • Flooring: Hardwood, Tile
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Yes
  • Roof: Tile
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • Complex Name: Beresford Terrace
  • HOA Fees: 255
  • HOA Amenities: Bbq Area, Community Pool, Sauna / Spa / Hot Tub
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Maintenance - Common Area, Pool, Spa, Or Tennis, Roof
  • HOA Exist: Yes
  • H O A Name Text: Beresford Master Association

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.0452
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1970.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1970.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2022
Closed on
Mar 31, 2022
Sold by
Sant and Tanvi
Bought by
Pitchaiah Ramesh and Chittybabu Preethi
Seller's Agent
Pauline David
Intero Real Estate Services
Buyer's Agent
Asha Raghupathy
Intero Real Estate Services
List Price
$1,388,888
Sold Price
$1,481,314
Premium/Discount to List
$92,426
6.65%
Current Estimated Value
$1,298,137

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$183,177
Avg. Annual Appreciation
-3.43%
Original Mortgage
$1,192,500
Outstanding Balance
$1,106,022
Interest Rate
3.13%
Mortgage Type
New Conventional
Estimated Equity
$192,115

Purchase Details

Listed on
Mar 27, 2018
Closed on
May 4, 2018
Sold by
Gupta Richa and Gupta Vikas Gupta
Bought by
Deshpande Tanvi and Sant Abhishek
Seller's Agent
Upasna Gupta
Excel Realty
Buyer's Agent
Upasna Gupta
Excel Realty
List Price
$1,025,888
Sold Price
$1,025,888

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.75%
Original Mortgage
$820,710
Interest Rate
4.55%

Purchase Details

Closed on
May 3, 2017
Sold by
Gupta Vikas
Bought by
Gupta Vikas and Gupta Richa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 15, 2012
Sold by
Gupta Richa
Bought by
Gupta Vikas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
2.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2010
Sold by
Phan Phu and Au Karen
Bought by
Gupta Vikas and Gupta Richa

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
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2003
Sold by
Chang Tim
Bought by
Phan Phu and Au Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,900
Interest Rate
3.57%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Apr 3, 2003
Sold by
Chang Tim
Bought by
Chang Tim and Chang Xiao Lin

Purchase Details

Closed on
Mar 28, 2002
Sold by
Chang Tim and Chang Xiao Lin
Bought by
Chang Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.7%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 19, 2000
Sold by
Chang Xiao Lin
Bought by
Chang Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.07%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 14, 1999
Sold by
Benny Sun and Benny Michelle M
Bought by
Chang Tim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,300
Interest Rate
7.25%

Purchase Details

Closed on
Dec 17, 1997
Sold by
Benny Sun
Bought by
Sun Benny and Sun Michelle Mui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,000
Interest Rate
7.16%

Purchase Details

Closed on
Dec 21, 1994
Sold by
Shapell Industries Inc
Bought by
Sun Benny
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
Pitchaiah Ramesh $1,481,500 Chicago Title
Deshpande Tanvi $1,026,000 --
Gupta Vikas -- Fidelity National Title Co
Gupta Vikas -- Fidelity National Title Co
Gupta Vikas $500,000 Old Republic Title Company
Phan Phu $470,000 Alliance Title Company
Chang Tim -- --
Chang Tim -- --
Chang Tim -- Fidelity National Title Ins
Chang Tim $343,000 First American Title Guarant
Sun Benny -- Stewart Title Company
Sun Benny $200,500 Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pitchaiah Ramesh $1,192,500
Previous Owner Deshpande Tanvi $820,710
Previous Owner Deshpande Tanvi $102,000
Previous Owner Gupta Vikas $350,000
Previous Owner Gupta Vikas $388,000
Previous Owner Gupta Vikas $400,000
Previous Owner Phan Phu $375,900
Previous Owner Chang Tim $60,000
Previous Owner Chang Tim $50,000
Previous Owner Chang Tim $274,300
Previous Owner Sun Benny $156,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/13/2022 04/13/22 Sold $1,481,314 +6.7% $1,051 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/17/2022 03/17/22 For Sale $1,388,888 +35.4% $985 / Sq Ft
05/04/2018 05/04/18 Sold $1,025,888 0.0% $728 / Sq Ft View Prior Sale
03/27/2018 03/27/18 Pending -- -- --
03/27/2018 03/27/18 For Sale $1,025,888 -- $728 / 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 $14,887 $1,275,000 $637,400 $637,600
2024 $14,887 $1,290,000 $644,900 $645,100
2023 $14,612 $1,245,000 $622,400 $622,600
2022 $13,210 $1,099,954 $549,977 $549,977
2021 $13,021 $1,078,388 $539,194 $539,194
2020 $11,554 $962,000 $481,000 $481,000
2019 $12,647 $1,046,404 $523,202 $523,202
2018 $6,692 $562,988 $281,494 $281,494
2017 $6,607 $551,950 $275,975 $275,975
2016 $6,339 $541,128 $270,564 $270,564
2015 $6,276 $533,000 $266,500 $266,500
2014 $6,104 $522,560 $261,280 $261,280
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81882829

MLSListings

APN: 028-29-020