NOT LISTED FOR SALE

366 Alvarez Common Milpitas, CA 95035

Estimated Value: $1,374,843 - $1,526,000

3 Beds
2.5 Baths
1,804 Sq Ft
$816/Sq Ft Est. Value

Last Sold April 18, 2022

Last sale price $1,450,000 $804 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $9,356/month

8 Days on Market

Highlights

  • Private Pool
  • Gated Community
  • Clubhouse
  • Pearl Zanker Elementary School Rated A-
  • City Lights View
  • Soaking Tub in Primary Bathroom

About This Home

As of April 2022

Enjoy living in this quiet, gated community with pool, hot tub, children playground and beautifully maintained landscaping. This is the perfect home for family with kids. A 3-story contemporary-style home offers a bright, sunny kitchen with plenty of counter spaces. Privacy in each story, small office space off the living room, patio in the front porch, and balcony in the master bedroom satisfy a purpose of your choice! Hardwood floors throughout the house, carpeted bedroom, and stainless-steel appliances. The unit is located in the center of the complex which offers convenient access to pool, hot tub, and playground. This house is located in central Milpitas within minutes to shops, supermarkets, restaurants, parks, theaters, and sports facilities. Easy freeway access from 880 makes the perfect access point to various locations. Don’t miss out on this great opportunity and make this place your home!!

Last Agent to Sell the Property

Juliana Lee

JLEE Realty License #70010194 Listed on: 03/09/2022

Last Buyer's Agent

Satya Dasari

Keller Williams Thrive License #01327436

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2006

Lot Details

  • 1,485 Sq Ft Lot
  • Northwest Facing Home
  • Fenced Front Yard
  • Fenced
  • Grass Covered Lot
  • Zoning described as R1

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Property Views

  • City Lights
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Slab Foundation
  • Ceiling Insulation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,804 Sq Ft Home
  • 3-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Family or Dining Combination
  • Den
  • Storage Room
  • Attic

Kitchen

  • Open to Family Room
  • Electric Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Soaking Tub in Primary Bathroom
  • Oversized Bathtub in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Home Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • Energy-Efficient Insulation

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan
  • Individual Gas Meter
  • Community Sewer or Septic
  • Fiber Optics Available
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 083-17-049

Community Details

Overview

  • Association fees include common area gas, fencing, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - road, management fee, pool spa or tennis, recreation facility
  • Terra Serena Owners Association
  • Built by Terra Serena
  • Rental Restrictions

Amenities

  • Sauna
  • Clubhouse
  • Common Utility Room

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Security

  • Gated Community

Home Details

Home Type

Single Family

Year Built

Built in 2006

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Property Condition: Built / Remodeled Green
  • Restrictions: Park Rental Restrictions, Pets - Allowed, Pets - Cats Permitted, Pets - Dogs Permitted
  • Listing Class: Residential
  • Structure Sq Ft: 1804
  • Complex Name: Terra Serena
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning, Gas Starter
  • Dining Room: Dining Area in Family Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Island with Sink, Microwave, Oven - Electric, Oven - Self Cleaning, Refrigerator
  • Living Sq Ft: 1804
  • Stories: 3
  • Security: Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Walk-in Closet
  • Laundry: Dryer, Electricity Hookup (110V), Electricity Hookup (220V), Inside, Upper Floor, Washer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Attic, Den / Study / Office, Laundry Room, Office Area, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Oversized Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Tile
  • View: City Lights, Hills, Mountains, Neighborhood
  • Yard/Grounds: Balcony / Patio, Fenced, Low Maintenance
  • Pool: Yes
  • Fencing: Fenced Front
  • Property Faces: Northwest
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Ceiling Fan, Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Fireplace, Heating - 2+ Zones
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • HOA Fees: 150
  • HOA Amenities: Club House, Common Utility Room, Community Pool, Community Security Gate, Playground, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Bylaws, Financial Statement, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Gas, Fencing, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Recreation Facility
  • H O A Name Text: Terra Serena Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • High School: 293

Lot Info

  • Parcel Number: 083-17-049
  • Lot Acres: 0.0341
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1487.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1487.00
  • Soil: Unknown

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Walls Insulated

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Pearl Zanker Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2022
Closed on
Apr 11, 2022
Sold by
Thomas Harding Colin and Kang Renata
Bought by
Metta Sridhar and Metta Usha Kumari
Seller's Agent
Juliana Lee
JLEE Realty
Buyer's Agent
Satya Dasari
Keller Williams Thrive
List Price
$999,999
Sold Price
$1,450,000
Premium/Discount to List
$450,001
45%
Current Estimated Value
$1,471,211

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,211
Avg. Annual Appreciation
0.39%
Original Mortgage
$1,305,000
Outstanding Balance
$1,212,116
Interest Rate
3.25%
Mortgage Type
New Conventional
Estimated Equity
$259,095

Purchase Details

Listed on
Jan 21, 2020
Closed on
Feb 20, 2020
Sold by
Ehjsj2 Property Llc
Bought by
Harding Colin Thomas and Harding Renata Kang
Seller's Agent
Steven Guan
Premier Agent Network, Inc
Buyer's Agent
Juliana Lee
JLEE Realty
List Price
$1,150,000
Sold Price
$1,180,000
Premium/Discount to List
$30,000
2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.21%
Original Mortgage
$986,623
Interest Rate
3.08%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 2019
Sold by
Afzal Saba
Bought by
Ehjsj2 Property Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$808,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 1, 2014
Sold by
Chu Elar Yuk Che
Bought by
Chu Barry Kwok Wai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 28, 2014
Sold by
Chu Kenneth and Chu Barry Kwok Wai
Bought by
Afzal Saba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$588,000
Interest Rate
4.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 21, 2007
Sold by
Kb Home South Bay Inc
Bought by
Chu Kenneth and Chu Barry Kwok Wai
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Metta Sridhar $1,450,000 Old Republic Title
Harding Colin Thomas $1,180,000 First American Title Company
Ehjsj2 Property Llc $1,010,000 Stewart Title
Chu Barry Kwok Wai -- Stewart Title Of Ca Inc
Afzal Saba $750,000 Stewart Title Of Ca Inc
Chu Kenneth $660,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Metta Sridhar $1,305,000
Previous Owner Harding Colin Thomas $986,623
Previous Owner Ehjsj2 Property Llc $808,000
Previous Owner Afzal Saba $588,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2025 06/16/25 Off Market $1,180,000 -- --
02/04/2025 02/04/25 Off Market $1,180,000 -- --
04/18/2022 04/18/22 Sold $1,450,000 +45.0% $804 / Sq Ft
03/17/2022 03/17/22 Pending -- -- --
03/09/2022 03/09/22 For Sale $999,999 -15.3% $554 / Sq Ft
03/06/2020 03/06/20 Sold $1,180,000 +2.6% $594 / Sq Ft View Prior Sale
01/29/2020 01/29/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $1,150,000 -- $578 / 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 $17,971 $1,538,750 $769,375 $769,375
2024 $17,971 $1,508,580 $754,290 $754,290
2023 $15,417 $1,265,000 $632,500 $632,500
2022 $15,124 $1,216,068 $608,034 $608,034
2021 $14,888 $1,192,224 $596,112 $596,112
2020 $12,864 $1,030,200 $515,100 $515,100
2019 $10,421 $824,185 $494,511 $329,674
2018 $9,901 $808,025 $484,815 $323,210
2017 $9,763 $792,182 $475,309 $316,873
2016 $9,371 $776,650 $465,990 $310,660
2015 $9,268 $764,985 $458,991 $305,994
2014 $8,616 $707,189 $385,740 $321,449
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81881603

MLSListings

APN: 083-17-049