NOT LISTED FOR SALE

344 Montecito Way Milpitas, CA 95035

Estimated Value: $939,580 - $1,027,000

2 Beds
2.5 Baths
1,165 Sq Ft
566 Sq Ft Lot

Last Sold May 09, 2016

Last sale price $687,000 $590 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,052/month

10 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Stone Countertops
  • Marshall Pomeroy Elementary School Rated A
  • Mediterranean Architecture
  • 3-minute walk to Dixon Landing Park

About This Home

As of May 2016

Absolutely stunning townhome style, run to this one! newly remodeled, new paint, new appliances, new carpets,laminate flooring, tile, great schools..close to Cisco, Juniper, New Bart, GREAT schools... Reviewing offers as they come in.

Last Agent to Sell the Property

Sherri Stoneberger

Legacy Real Estate & Associates License #00926053 Listed on: 03/31/2016

Legacy Real Estate & Associates

Last Buyer's Agent

Diane Leland

Legacy Real Estate & Associates License #01908353

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,258

Year Built

  • Built in 1992

Lot Details

  • 566

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,165 Sq Ft Home
  • 3-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Dining Area

Kitchen

  • Self-Cleaning Oven
  • Microwave
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • Bathtub
  • Walk-in Shower

Additional Features

  • Private Pool
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 022-51-022

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include fencing, insurance - common area, insurance - homeowners, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee
  • California Landing Association
  • Built by California Landing

Amenities

  • Meeting Room

Recreation

  • Tennis Courts
  • Sport Court
  • Community Playground
  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,258

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Mediterranean
  • Restrictions: Pets - Allowed
  • Age: 24
  • Listing Class: Residential
  • Structure Sq Ft: 1165
  • Complex Name: California Landing
  • Incorporated: Yes
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area
  • Kitchen: Countertop - Stone, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Built-In, Gas, Refrigerator
  • Living Sq Ft: 1165
  • Stories: 3
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Room for Oversized Vehicle, Tandem Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 165
  • HOA Amenities: Community Pool, Conference Facilities, Game Court (Outdoor), Playground, Tennis Court / Facility
  • Association Fees Include: Fencing, Insurance - Common Area, Insurance - Homeowners, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee
  • H O A Name Text: California Landing
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • School District: Milpitas Unified
  • Elementary School: Marshall Pomeroy Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 282
  • Middle School: 291

Lot Info

  • Parcel Number: 022-51-022
  • Lot Acres: 0.0130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 557.57
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 557.57

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Marshall Pomeroy Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 31, 2016
Closed on
May 3, 2016
Sold by
Shah Dixit P and Shah Swapnaben D
Bought by
Kher Aditya and Kher Himani
Seller's Agent
Sherri Stoneberger
Legacy Real Estate & Associates
Buyer's Agent
Diane Leland
Legacy Real Estate & Associates
List Price
$649,000
Sold Price
$687,000
Premium/Discount to List
$38,000
5.86%
Current Estimated Value
$970,895

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,895
Avg. Annual Appreciation
3.78%
Original Mortgage
$603,000
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 13, 2012
Sold by
Shah Dixit P
Bought by
Shah Dixit P and Shah Swapnaben D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,162
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 19, 2009
Sold by
Shah Swapnaben Dixit
Bought by
Shah Dixit P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2009
Sold by
Jpmorgan Chase Bank National Association
Bought by
Shah Dixit P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
4.92%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 17, 2008
Sold by
Ratuita Jayrald
Bought by
Washington Mutual Bank

Purchase Details

Closed on
Jun 26, 2006
Sold by
Ratuita Jayrald
Bought by
Lim Alain

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,850
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 5, 2006
Sold by
Lim Alain
Bought by
Ratuita Jayrald

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,850
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jan 13, 2005
Sold by
Lim Pepito C
Bought by
Lim Alain

Purchase Details

Closed on
Nov 8, 2004
Sold by
Lim Rosalinda
Bought by
Lim Pepito C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 5, 2004
Sold by
Mckeith Robert B
Bought by
Lim Pepito C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 31, 2000
Sold by
Danny Tamin
Bought by
Mckeith Robert B

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
8.15%
Source: Public Records

Range of Values:

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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
Kher Aditya $687,000 Chicago Title Company
Shah Dixit P -- Orange Coast Title
Shah Dixit P -- Servicelink
Shah Dixit P $360,000 Servicelink
Washington Mutual Bank $454,500 Accommodation
Lim Alain -- None Available
Ratuita Jayrald $555,000 Financial Title Company
Lim Alain $220,000 --
Lim Pepito C -- Stewart Title Of California
Lim Pepito C $440,000 Stewart Title Of California
Mckeith Robert B $375,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kher Aditya $564,400
Closed Kher Aditya $603,000
Previous Owner Shah Dixit P $305,800
Previous Owner Shah Dixit P $310,162
Previous Owner Shah Dixit P $323,000
Previous Owner Ratuita Jayrald $38,850
Previous Owner Ratuita Jayrald $444,000
Previous Owner Lim Pepito C $280,000
Previous Owner Mckeith Robert B $300,700
Previous Owner Mckeith Robert B $50,000
Previous Owner Mckeith Robert B $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/09/2016 05/09/16 Sold $687,000 +5.9% $590 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
03/31/2016 03/31/16 For Sale $649,000 -- $557 / 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 $9,258 $813,260 $406,630 $406,630
2024 $9,258 $797,314 $398,657 $398,657
2023 $9,228 $781,682 $390,841 $390,841
2022 $9,192 $766,356 $383,178 $383,178
2021 $8,616 $714,000 $357,000 $357,000
2020 $8,901 $743,628 $371,814 $371,814
2019 $8,798 $729,048 $364,524 $364,524
2018 $8,354 $714,754 $357,377 $357,377
2017 $8,246 $700,740 $350,370 $350,370
2016 $4,647 $391,610 $195,805 $195,805
2015 $4,601 $385,728 $192,864 $192,864
2014 $4,470 $378,174 $189,087 $189,087
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81577993

MLSListings

APN: 022-51-022