NOT LISTED FOR SALE

Estimated Value: $1,232,905 - $1,409,000

3 Beds
3.5 Baths
1,651 Sq Ft
$348/mo HOA Fee

Last Sold October 02, 2020

Last sale price $1,045,000 $633 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $8,221/month

7 Days on Market

Highlights

  • High Ceiling
  • Formal Dining Room
  • Tandem Parking
  • Mabel Mattos Elementary School Rated A
  • 2 Car Attached Garage
  • 4-minute walk to Augustus Rathbone Park

About This Home

As of October 2020

Welcome to this beautiful contemporary home in Pace community. Boasting open family, kitchen & dining area with solid cherry hardwood flooring, high ceilings & recess lights throughout. Gourmet kitchen with island, backsplash, granite countertops & stainless steel appliances. Custom pull out shelving in kitchen. Family room with surround sound system with 2 Polk TC80i in-ceiling speakers, a projector mount, and pre-wiring for hooking up additional in-ceiling speakers, a perfect space to enjoy a movie with your family, theater-style! Spacious master bedroom & bath with a separate water closet & custom walk-in closet with his & hers shelves and built-in laundry. Pre-wiring for an in-ceiling sound system in the master bedroom & bath. Smart home integration with Alexa enabled light switches, thermostats, ring doorbell & smart locks! 3 bedrooms with attached baths, with one bed & bath on ground floor. Offer Review Date Sept 2nd at 2PM

Last Agent to Sell the Property

Loukya Challagulla

Target Realty & Mortgage License #01977369 Listed on: 08/26/2020

Co-Listed By

Usha Chalasani

Target Realty & Mortgage License #01498585

Last Buyer's Agent

Vivian Lee

Homeland Realty License #01881090

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2014

Lot Details

  • 1,324

HOA Fees

  • $348 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Tandem Parking

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,651 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Separate Family Room
  • Formal Dining Room
  • Gas Cooktop
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Additional Features

  • West Facing Home
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 086-82-020

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, maintenance - common area, management fee, roof
  • Velocity And Momentum Association
  • Built by PACE
  • Greenbelt

Amenities

  • Community Barbecue Grill

Property Details

Home Type

Condominium

Year Built

Built in 2014

Lot Details

0

HOA Fees

$348 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Restrictions: Age - No Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1651
  • Complex Name: PACE
  • Year Built: 2014
  • Zoning Description: R3
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas
  • Living Sq Ft: 1651
  • Stories: 3
  • Bedrooms: Walk-in Closet
  • Laundry: Inside
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • Property Faces: West

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 348
  • HOA Amenities: BBQ Area, Garden / Greenbelt / Trails
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Maintenance - Common Area, Management Fee, Roof
  • H O A Name Text: Velocity and Momentum
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Lot Info

  • Parcel Number: 086-82-020
  • Lot Acres: 0.0304
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1326.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1326.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2020
Closed on
Sep 24, 2020
Sold by
Tiwari Saurabh and Tiwari Ramya
Bought by
Chou Kevin and Lu Sharon
Seller's Agent
Loukya Challagulla
Target Realty & Mortgage
Buyer's Agent
Vivian Lee
Homeland Realty
List Price
$1,020,000
Sold Price
$1,045,000
Premium/Discount to List
$25,000
2.45%
Current Estimated Value
$1,281,726

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$236,726
Avg. Annual Appreciation
3.98%
Original Mortgage
$836,000
Outstanding Balance
$739,826
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$541,900

Purchase Details

Closed on
Aug 8, 2014
Sold by
Contour Trade Zone Llc
Bought by
Tiwari Saurabh and Chaganti Ramya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$537,643
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
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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
Chou Kevin $1,045,000 Chicago Title
Tiwari Saurabh $672,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chou Kevin $836,000
Previous Owner Tiwari Saurabh $537,643
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/02/2020 10/02/20 Sold $1,045,000 +2.5% $633 / Sq Ft
09/02/2020 09/02/20 Pending -- -- --
08/26/2020 08/26/20 For Sale $1,020,000 -- $618 / 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 $13,643 $1,131,140 $565,570 $565,570
2024 $13,643 $1,108,962 $554,481 $554,481
2023 $13,576 $1,087,218 $543,609 $543,609
2022 $13,476 $1,065,900 $532,950 $532,950
2021 $13,255 $1,045,000 $522,500 $522,500
2020 $9,622 $738,542 $369,271 $369,271
2019 $9,500 $724,062 $362,031 $362,031
2018 $9,030 $709,866 $354,933 $354,933
2017 $8,909 $695,948 $347,974 $347,974
2016 $8,553 $682,302 $341,151 $341,151
2015 $8,456 $672,054 $336,027 $336,027
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81807422

MLSListings

APN: 086-82-020