NOT LISTED FOR SALE

340 Rio Verde Place Unit 1 Milpitas, CA 95035

Estimated Value: $616,000 - $723,000

3 Beds
1 Bath
1,050 Sq Ft
$635/Sq Ft Est. Value

Sale Details

Date Sold: April 23, 2021

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

Est. 7% increase in value since last sale

Current estimated payment $4,694 / mo

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

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

Year Built

1971

Lot Details

1,050 Sq Ft Lot

HOA Fees

$459 per month

Parking

1

Listing Details

  • Zoning: R1PUD
  • Subclass: Townhouse
  • Restrictions: Pets - Rules
  • 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
  • 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 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

  • High School: 293

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2021
Closed on
Apr 20, 2021
Sold by
Bought by
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
$667,222

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$41,222
Avg. Annual Appreciation
1.23%
Original Mortgage
$469,500
Outstanding Balance
$419,649
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$247,574

Purchase Details

Closed on
Jan 18, 2016
Sold by
Bought by

Purchase Details

Closed on
Apr 3, 2015
Sold by
Bought by

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
Bought by

Purchase Details

Closed on
Apr 9, 2008
Sold by
Bought by

Purchase Details

Closed on
Jul 10, 2006
Sold by
Bought by

Purchase Details

Closed on
Oct 27, 2005
Sold by
Bought by

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
Bought by

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
Bought by

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
Bought by

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:

--
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$626,000 First American Title
-- None Available
$415,000 Fidelity National Title Co
$163,000 None Available
-- None Available
-- None Available
$375,000 First American Title Company
$290,000 Fidelity National Title Ins
-- Fidelity National Title Ins
-- Fidelity National Title Ins
$227,500 Fidelity National Title Ins
$148,000 Financial Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Closed $469,500
Closed $469,500
Closed $356,000
Closed $373,500
Closed $201,000
Closed $300,000
Closed $232,000
Closed $205,000
Closed $133,800
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

    74 Total Sales

    Michelle Lin
    Section Image

  • P

    Buyer's Agent in 2021

    Pradeep Shah

    Pradeep V Shah, Broker

    (408) 836-0070

    5 Total Sales

    Pradeep Shah
    Section Image

  • C

    Seller's Agent in 2015

    Carlos Martinez

    Statewide Property

    Section Image
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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

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