NOT LISTED FOR SALE

340 Rio Verde Place Unit 1 Milpitas, CA 95035

Estimated Value: $688,000 - $758,000

3 Beds
1 Bath
1,050 Sq Ft
$693/Sq Ft Est. Value

Last Sold April 23, 2021

Last sale price $626,000 $596 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,960/month

13 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Community Playground
  • Anthony Spangler Elementary School Rated A
  • 1 Car Attached Garage
  • Storage Room

About This Home

As of April 2021

One story townhouse style condo, with 1-car enclosed garage, 1-car driveway and a side yard *Brand new interior paint * Remodeled kitchen, brand new microwave, and brand new dishwasher on the way* Laminate floor in living area and bedrooms, tile floor in kitchen and bathroom *New ceiling light in dining room *Laundry in building shared w/ 3 neighbors *Community pool & playground/park *Good schools * Walking distance to shops, good restaurants *Near Milpitas Square, McCarthy Ranch, Great Mall, coming soon BART station *Easy access to Hwy 237,880,680,101*Short commute to many tech companies, close to San Jose Airport*

Last Agent to Sell the Property

Michelle Lin

Maxreal License #01274507 Listed on: 03/12/2021

Maxreal

Last Buyer's Agent

Pradeep Shah

Pradeep V Shah, Broker License #00866860

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,818

Year Built

  • 1971

Lot Details

  • 1,050

HOA Fees

  • $459 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,050 Sq Ft Home
  • 1-Story Property
  • Storage Room
  • Laundry Located Outside
  • Laminate Flooring
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • 1 Full Bathroom

Additional Features

  • Private Pool
  • 1,050 Sq Ft Lot
  • Forced Air Heating System

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, hot water, insurance - common area, insurance - hazard, landscaping / gardening, maintenance - common area, pool spa or tennis, reserves, roof, water
  • 244 Units
  • Granada Association
  • Greenbelt

Amenities

  • Community Storage Space

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,818

Year Built

1971

Lot Details

0

HOA Fees

$459 per month

Parking

1

Listing Details

  • Zoning: R1PUD
  • Subclass: Townhouse
  • Restrictions: Pets - Rules
  • Age: 50
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 244
  • Structure Sq Ft: 1050
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1971

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining "L"
  • Kitchen: Countertop - Granite
  • Living Sq Ft: 1050
  • Stories: 1
  • Laundry: Outside
  • Flooring: Laminate
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Full On Ground Floor

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • Pool: Community Facility

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Granada
  • HOA Fees: 459
  • HOA Amenities: Additional Storage, Community Pool, Garden / Greenbelt / Trails, Playground
  • HOA Documents: Bylaws, Cc&rs, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Hot Water, Insurance - Common Area, Insurance - Hazard, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, Or Tennis, Reserves, Roof, Water
  • HOA Exist: Yes
  • H O A Name Text: Granada

Schools

  • School District: Milpitas Unified
  • Elementary School: Anthony Spangler Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 288
  • Middle School: 291

Lot Info

  • Lot Acres: 0.0241
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1050.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1050.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 20, 2021
Sold by
Asun Family Trust and Nathan Senthil T
Bought by
Shah Kalpana and Mehta Kaushal
Seller's Agent
Michelle Lin
Maxreal
Buyer's Agent
Pradeep Shah
Pradeep V Shah, Broker
List Price
$575,000
Sold Price
$626,000
Premium/Discount to List
$51,000
8.87%
Current Estimated Value
$728,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$102,100
Avg. Annual Appreciation
3.41%
Original Mortgage
$469,500
Outstanding Balance
$424,241
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$303,859

Purchase Details

Closed on
Jan 18, 2016
Sold by
Nathan Senthil T and Nathan Umarani S
Bought by
Asun Family Trust

Purchase Details

Closed on
Apr 3, 2015
Sold by
Villalobos Alfonso
Bought by
Nathan Senthil T and Nathan Umarani S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,500
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 24, 2011
Sold by
Tiongson Isidora
Bought by
Syscom Tech Llc

Purchase Details

Closed on
Apr 9, 2008
Sold by
Biala Fe T and Biala Charito M
Bought by
Tiongson Isidora F

Purchase Details

Closed on
Jul 10, 2006
Sold by
Tiongson Isidora F
Bought by
Biala Fe T and Biala Charito M

Purchase Details

Closed on
Oct 27, 2005
Sold by
Singh Gulwant
Bought by
Tiongson Isidora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.62%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 16, 2004
Sold by
Kaur Jasbir
Bought by
Singh Gulwant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 25, 2003
Sold by
Bihala Kulbir and Bihala Daljit
Bought by
Randhawa Harbhajan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 1, 1998
Sold by
Philip Michael F and Philip Rodean C
Bought by
Bihala Kulbir and Bihala Daljit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$133,800
Interest Rate
7.17%
Mortgage Type
FHA
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shah Kalpana $626,000 First American Title
Asun Family Trust -- None Available
Nathan Senthil T $415,000 Fidelity National Title Co
Syscom Tech Llc $163,000 None Available
Tiongson Isidora F -- None Available
Biala Fe T -- None Available
Tiongson Isidora $375,000 First American Title Company
Singh Gulwant -- Fidelity National Title Ins
Singh Gulwant $290,000 Fidelity National Title Ins
Randhawa Harbhajan $227,500 Fidelity National Title Ins
Randhawa Harbhajan -- Fidelity National Title Ins
Bihala Kulbir $148,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Kalpana $469,500
Previous Owner Nathan Senthil T $373,500
Previous Owner Tiongson Isidora $300,000
Previous Owner Singh Gulwant $232,000
Previous Owner Randhawa Harbhajan $205,000
Previous Owner Bihala Kulbir $133,800
Closed Singh Gulwant $58,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/23/2021 04/23/21 Sold $626,000 +0.2% $596 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/23/2021 03/23/21 Price Changed $625,000 +8.7% $595 / Sq Ft
03/12/2021 03/12/21 For Sale $575,000 +38.6% $548 / Sq Ft
06/05/2015 06/05/15 Sold $415,000 +1.2% $395 / Sq Ft View Prior Sale
04/15/2015 04/15/15 Pending -- -- --
04/07/2015 04/07/15 For Sale $409,999 -- $390 / 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 $7,818 $677,600 $338,800 $338,800
2024 $7,818 $664,314 $332,157 $332,157
2023 $7,818 $590,000 $295,000 $295,000
2022 $7,766 $638,520 $319,260 $319,260
2021 $5,613 $460,780 $230,390 $230,390
2020 $5,515 $456,056 $228,028 $228,028
2019 $5,453 $447,114 $223,557 $223,557
2018 $5,181 $438,348 $219,174 $219,174
2017 $5,114 $429,754 $214,877 $214,877
2016 $4,904 $421,328 $210,664 $210,664
2015 $2,647 $213,983 $149,762 $64,221
2014 -- $209,792 $146,829 $62,963
Source: Public Records

Agents Affiliated with this Home

  • Michelle Lin

    Seller's Agent in 2021

    Michelle Lin

    Maxreal

    (408) 661-1188

    16 in this area

    91 Total Sales

    Michelle Lin
    Section Image

  • P

    Buyer's Agent in 2021

    Pradeep Shah

    Pradeep V Shah, Broker

    (408) 836-0070

    5 in this area

    8 Total Sales

    Pradeep Shah
    Section Image

  • C

    Seller's Agent in 2015

    Carlos Martinez

    Statewide Property

    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81833847

MLSListings

APN: 083-08-077

California Santa Clara County Milpitas 95035

340 Rio Verde Place Unit 1, Milpitas, CA

This home is located at 340 Rio Verde Place Unit 1, Milpitas, CA 95035 since 12 March 2021 and is currently estimated at $728,100, approximately $693 per square foot. This property was built in 1971. 340 Rio Verde Place Unit 1 is a home located in Santa Clara County with nearby schools including Anthony Spangler Elementary School, Thomas Russell Middle School, and Milpitas High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2025 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes