NOT LISTED FOR SALE

Estimated Value: $1,151,000 - $1,189,000

2 Beds
2.5 Baths
1,512 Sq Ft
436 Sq Ft Lot

Last Sold February 24, 2022

Last sale price $1,166,000 $771 Per Sq Ft

Current estimated payment $7,237/month

6 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • 1-minute walk to Augustus Rathbone Park
  • Mabel Mattos Elementary School Rated A
  • Dining Room

About This Home

As of February 2022

Welcome to this Fantabulous townhouse style condo in the Traverse Community in the heart of Milpitas. This 2 bedroom / 2.5 bathroom 1,512 Sq.ft corner unit features an open concept with plenty of natural sunlight. The second level has a gorgeous well-designed kitchen with quartz countertops, a huge island connected to the living room, and a balcony. Upstairs has an oversized primary suite with a walk-in closet, dual sinks, shower & tub! Plus a second bedroom with a full ensuite bath and laundry room. Low HOA fees with Amenities, playground, BBQ area & greenbelt. Walking distance to Milpitas Bart, VTA light rail, New Mabel Mattos Elementary School, New Trader Joes, Great Mall. Close to supermarkets and restaurants. Easy access to Hwy 880, 680, 237 and Montague Expy, convenient commute to many High-tech companies. Come make this your home!

Last Agent to Sell the Property

Ariel Chen

Maxreal License #02038464 Listed on: 01/19/2022

Maxreal

Co-Listed By

Weining Huang

Maxreal License #02103360

Last Buyer's Agent

Cici Wang

Coldwell Banker Realty License #02039658

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Year Built

  • 2017

Lot Details

  • 436

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation

Interior Spaces

  • 1,512 Sq Ft Home
  • Dining Room

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, insurance - common area, landscaping / gardening, maintenance - exterior, roof
  • Traverse Owner Association

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

2017

Lot Details

0

Parking

2

Listing Details

  • Zoning: M2S
  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1512
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 2017

Interior Features

  • Family Room: No Family Room
  • Dining Room: No Formal Dining Room
  • Living Sq Ft: 1512
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Foundation: Concrete Slab

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 364
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Exterior, Roof
  • HOA Exist: Yes
  • H O A Name Text: Traverse Owner Association

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 19, 2022
Closed on
Feb 18, 2022
Sold by
Zhou and Ying
Bought by
Wei Li
Seller's Agent
Ariel Chen
Maxreal
Buyer's Agent
Cici Wang
Coldwell Banker Realty
List Price
$999,000
Sold Price
$1,166,000
Premium/Discount to List
$167,000
16.72%
Current Estimated Value
$1,167,935

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,935
Avg. Annual Appreciation
0.04%
Original Mortgage
$932,000
Outstanding Balance
$848,049
Interest Rate
2.5%
Mortgage Type
New Conventional
Estimated Equity
$319,886

Purchase Details

Closed on
Feb 25, 2017
Sold by
Traverse Partners Llc
Bought by
Zhou Yi and Tong Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$671,400
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Wei Li $1,166,000 First American Title
Zhou Yi $850,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Li $932,000
Previous Owner Zhou Yi $671,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/24/2022 02/24/22 Sold $1,166,000 +16.7% $771 / Sq Ft
01/26/2022 01/26/22 Pending -- -- --
01/19/2022 01/19/22 For Sale $999,000 -- $661 / 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 $14,283 $1,195,000 $597,500 $597,500
2024 $14,283 $1,165,000 $582,500 $582,500
2023 $13,550 $1,085,000 $542,500 $542,500
2022 $11,868 $929,596 $464,798 $464,798
2021 $11,670 $911,370 $455,685 $455,685
2020 $11,465 $902,026 $451,013 $451,013
2019 $11,319 $884,340 $442,170 $442,170
2018 $10,754 $867,000 $433,500 $433,500
2017 $6,836 $516,638 $351,998 $164,640
2016 $4,066 $345,097 $345,097 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81874942

MLSListings

APN: 086-86-022