NOT LISTED FOR SALE

329 Tempo Ln Milpitas, CA 95035

Estimated Value: $1,297,000 - $1,390,000

3 Beds
3.5 Baths
1,788 Sq Ft
1,742 Sq Ft Lot

Last Sold December 30, 2015

Last sale price $855,000 $478 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $8,262/month

75 Days on Market

Highlights

  • Newly Remodeled
  • Wood Flooring
  • Mediterranean Architecture
  • Mabel Mattos Elementary School Rated A
  • Outdoor Kitchen
  • 2-minute walk to Augustus Rathbone Park

About This Home

As of December 2015

Model Home Plan 3 at Velocity. Professionally designed and decorated. Upgrades include: hardwood floors, upgraded carpet, tile in baths,two tone paint, upgraded white cabinets throughout, upgraded granite and quartz in kitchen,all stainless steel KitchenAid appliances, refridgerator included, upgraded horizontal stair system.

Last Agent to Sell the Property

Mark Higgins

Mark Higgins, Broker License #01054840 Listed on: 09/09/2015

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,389

Year Built

  • Built in 2015 | Newly Remodeled

Lot Details

  • 1,742

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Tile Roof

Interior Spaces

  • 1,788 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Triple Pane Windows
  • Double Pane Windows
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Self-Cleaning Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Ice Maker
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Corian Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Dual Flush Toilets
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry on upper level
  • Gas Dryer Hookup

Home Security

Outdoor Features

  • Balcony
  • Outdoor Kitchen
  • Fire Pit

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Thermostat
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 086-82-091

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, fencing, garbage, insurance - common area, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, management fee, unit coverage insurance
  • 91 Units
  • Velocity HOA
  • Built by Velocity HOA

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,389

Year Built

Built in 2015 | Newly Remodeled

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Pets - Allowed, Pets - Number Restrictions
  • Estimated Completion Date: 09/09/2015
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 91
  • Structure Sq Ft: 1788
  • Construction: New Construction
  • Complex Name: Velocity HOA
  • Year Built: 2015
  • Zoning Description: r
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Hood Over Range, Ice Maker, Island, Microwave, Oven - Self Cleaning
  • Living Sq Ft: 1788
  • Stories: 3
  • Security: Fire System - Sprinkler
  • Laundry: Gas Hookup, Upper Floor
  • Flooring: Carpet, Hardwood, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Dual Flush Toilet, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Fire Pit, Outdoor Kitchen
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 335
  • HOA Amenities: BBQ Area, Playground
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Fencing, Garbage, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Unit Coverage Insurance
  • H O A Name Text: Velocity HOA
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Milpitas Unified
  • Elementary School: Robert Randall Elementary
  • Middle School: Rancho Milpitas Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 284
  • Middle School: 283

Lot Info

  • Parcel Number: 086-82-091
  • Lot Size Area Minimum Units: Square Feet
  • Lot Size Area Maximum Units: Square Feet

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Green Features, Low Flow Shower, Thermostat Controller, Triple Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Robert Randall Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 29, 2005
Sold by
Contour Trade Zone Llc
Bought by
The Chen Family Trust and Chen Gracie Liang
Total Days on Market
75
Current Estimated Value
$1,362,289

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$513,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

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Range of Values:

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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
The Chen Family Trust $855,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Joseph Yeichung $660,000
Previous Owner The Chen Family Trust $513,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2015 12/30/15 Sold $855,000 0.0% $478 / Sq Ft
11/15/2015 11/15/15 Off Market $855,000 -- --
11/03/2015 11/03/15 Price Changed $874,000 -0.1% $489 / Sq Ft
09/09/2015 09/09/15 For Sale $875,000 -- $489 / 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
2024 $12,389 $992,294 $496,147 $496,147
2023 $12,328 $972,838 $486,419 $486,419
2022 $12,235 $953,764 $476,882 $476,882
2021 $12,034 $935,064 $467,532 $467,532
2020 $11,823 $925,478 $462,739 $462,739
2019 $11,675 $907,332 $453,666 $453,666
2018 $11,093 $889,542 $444,771 $444,771
2017 $10,944 $872,100 $436,050 $436,050
2016 $10,508 $855,000 $427,500 $427,500
2015 $3,419 $229,230 $139,801 $89,429
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81513745

MLSListings

APN: 086-82-091