NOT LISTED FOR SALE

338 Arbor Way Milpitas, CA 95035

Estimated Value: $684,000 - $993,000

3 Beds
2 Baths
1,044 Sq Ft
2,091 Sq Ft Lot

Last Sold February 17, 2016

Last sale price $605,000 $580 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $4,959/month

12 Days on Market

Highlights

  • Sauna
  • High Ceiling
  • Community Pool
  • Marshall Pomeroy Elementary School Rated A
  • Granite Countertops
  • 2 Car Detached Garage

About This Home

As of February 2016

Best and most desired corner unit in a charming & quiet community. Open & bright floor plan with lots of natural light. High ceiling living room w/ fireplace and access to patio. Separate cozy dining area with good views. Updated title floor in living room and kitchen. Gourmet kitchen w/ granite countertop and newer appliances. Dual-pane windows with custom coverings throughout. Upgraded carpet and beautiful multicolor paints. Large master bedroom with high ceiling and two closets. Three parking spaces (two garages and one assigned parking#22). Central A/C. Indoor laundry. Great schools:Marshall Pomeroy Elementary (API 900),Thomas Russell Middle (AP 871),Milpitas High (API 830)***Reference only, buyer to verify and confirm Schools & API*** Community pool & spa. Quick to Hwy 680, 880, 237, near shopping centers and restaurants.

Last Agent to Sell the Property

Kai Huang

Maxreal License #01501162 Listed on: 01/20/2016

Maxreal

Last Buyer's Agent

Atma Dayal

Universal Realty License #01156463

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 2,091

Parking

  • 2 Car Detached Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 026-29-038

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include garbage, insurance, insurance - common area, pool spa or tennis, water
  • 48 Units
  • Fountain Square Association

Recreation

  • Community Pool

Additional Features

  • Sauna
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 48
  • Structure Sq Ft: 1044
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1044
  • Stories: 1
  • Security: Fire Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Detached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 310
  • HOA Amenities: Community Pool, Sauna / Spa / Hot Tub
  • Association Fees Include: Garbage, Insurance, Insurance - Common Area, Pool, Spa, or Tennis, Water
  • H O A Name Text: Fountain Square
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Parcel Number: 026-29-038
  • Lot Acres: 0.0480
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2090.88
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2090.88

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
Jan 20, 2016
Closed on
Feb 12, 2016
Sold by
Ng Maggie Sau Lam
Bought by
Mathur Sharad and Mathur Anuradha
Seller's Agent
Kai Huang
Maxreal
Buyer's Agent
Atma Dayal
Universal Realty
List Price
$509,000
Sold Price
$605,000
Premium/Discount to List
$96,000
18.86%
Current Estimated Value
$822,559

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$217,559
Avg. Annual Appreciation
3.14%

Purchase Details

Closed on
Mar 10, 2010
Sold by
Bernales Samuel S and Go Bernales Marylou
Bought by
Ng Maggie Sau Lam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,200
Interest Rate
5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2006
Sold by
Galvis Yazmin
Bought by
Bernales Samuel S and Go Bernales Marylou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$498,750
Interest Rate
8.97%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2005
Sold by
Huerta John Michael and Huerta Diana E
Bought by
Galvis Yazmin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,000
Interest Rate
5.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 12, 1993
Sold by
Wilson Development Inc
Bought by
Huerta John Michael and Huerta Diana E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,039
Interest Rate
6.88%
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
Mathur Sharad $605,000 Chicago Title Company
Ng Maggie Sau Lam -- North American Title Company
Bernales Samuel S $525,000 Fidelity National Title Ins
Galvis Yazmin $490,000 Commonwealth Land Title
Huerta John Michael $179,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ng Maggie Sau Lam $256,200
Previous Owner Bernales Samuel S $498,750
Previous Owner Galvis Yazmin $98,000
Previous Owner Galvis Yazmin $392,000
Previous Owner Huerta John Michael $183,039
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/17/2016 02/17/16 Sold $605,000 +1.0% $580 / Sq Ft
02/02/2016 02/02/16 Pending -- -- --
01/29/2016 01/29/16 Price Changed $599,000 +17.7% $574 / Sq Ft
01/20/2016 01/20/16 For Sale $509,000 -- $488 / 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 $8,250 $716,190 $358,095 $358,095
2024 $8,250 $702,148 $351,074 $351,074
2023 $8,225 $688,382 $344,191 $344,191
2022 $8,195 $674,886 $337,443 $337,443
2021 $8,078 $661,654 $330,827 $330,827
2020 $7,938 $654,870 $327,435 $327,435
2019 $7,848 $642,030 $321,015 $321,015
2018 $7,454 $629,442 $314,721 $314,721
2017 $7,360 $617,100 $308,550 $308,550
2016 $4,089 $349,294 $174,572 $174,722
2015 $4,047 $344,048 $171,950 $172,098
2014 $3,929 $337,309 $168,582 $168,727
Source: Public Records

Agents Affiliated with this Home

  • Kai Huang

    Seller's Agent in 2016

    Kai Huang

    Maxreal

    (408) 828-8890

    1 in this area

    25 Total Sales

    Kai Huang
    Section Image

  • A

    Buyer's Agent in 2016

    Atma Dayal

    Universal Realty

    Section Image
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Map

Source: MLSListings

MLS Number: ML81547645

MLSListings

APN: 026-29-038

California Santa Clara County Milpitas 95035

338 Arbor Way, Milpitas, CA

Not Listed for Sale

Condos

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