NOT LISTED FOR SALE

370 Montecito Way Milpitas, CA 95035

Estimated Value: $1,066,000 - $1,195,000

3 Beds
2.5 Baths
1,375 Sq Ft
$834/Sq Ft Est. Value

Last Sold March 10, 2022

Last sale price $1,150,000 $836 Per Sq Ft

Current estimated payment $7,506/month

6 Days on Market

Highlights

  • Contemporary Architecture
  • Wood Flooring
  • Quartz Countertops
  • Marshall Pomeroy Elementary School Rated A
  • High Ceiling
  • 3-minute walk to Dixon Landing Park

About This Home

As of March 2022

Offer due date Feb 8, Tuesday by 5PM. As good as it gets! A fantastic, upgraded and move-in-ready corner unit townhome with a 2-car side-by-side garage. Light-filled and open concept floor plan with kitchen/dining area and living room combo. Hardwood and LVP floor throughout. Freshly painted. The kitchen features quartz countertops with mosaic backsplash, stainless steel appliances, a peninsula island with a breakfast bar. Near Dixon Landing Park and high-performing schools. Low HOA dues. 3 bedrooms, 2.5 bathrooms. 1375 sq. ft living area. 1992 built home. Easy access to 880,680 and 237 freeways and minutes from Cisco, Juniper, etc. and the Great Mall. Community has a well-maintained heated pool, spa, and a park located right opposite the townhouse. Central A/C and gas heating as well as a fireplace. A front porch by the entrance to enjoy a BBQ or just a space for potted plants. An in-unit washer and dryer for laundry is located in the garage. The community has plenty of parking.

Last Agent to Sell the Property

Suman Bazaz

Alliance Bay Realty License #01411454 Listed on: 02/02/2022

Alliance Bay Realty

Co-Listed By

Latief Bazaz

Alliance Bay Realty License #01405118

Last Buyer's Agent

Srini Goli

KW Silicon City License #02045888

KW Silicon City

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,431

Year Built

  • 1992

Lot Details

  • 832 Sq Ft Lot
  • Northwest Facing Home

HOA Fees

  • $233 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof
  • Stucco

Interior Spaces

  • 1,375 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, management fee, reserves, roof
  • California Landing Villas Association

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,431

Year Built

1992

Lot Details

0

HOA Fees

$233 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 1375
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1992

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Dining Area In Family Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Island, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1375
  • Stories: 3
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Hardwood, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Half On Ground Floor

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Property Faces: Northwest
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 233
  • HOA Amenities: Community Pool, Playground
  • HOA Documents: Budget, Bylaws, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Reserves, Roof
  • HOA Exist: Yes
  • H O A Name Text: California Landing Villas Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

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

  • Lot Acres: 0.0191
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 834.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 834.00

Multi Family

  • Utilities: Public Utilities
  • Maximum Building Height: 2
  • Minimum Building Height: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Mar 4, 2022
Sold by
Pereira Arvind A and Pereira Svetlana
Bought by
Vemuri Raja and Kodali Pooja
Seller's Agent
Suman Bazaz
Alliance Bay Realty
Buyer's Agent
Srini Goli
KW Silicon City
List Price
$999,000
Sold Price
$1,150,000
Premium/Discount to List
$151,000
15.12%
Current Estimated Value
$1,146,994

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$3,006
Avg. Annual Appreciation
-0.08%
Original Mortgage
$920,000
Outstanding Balance
$861,114
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$285,881

Purchase Details

Listed on
Jun 24, 2015
Closed on
Jul 10, 2015
Sold by
Poon Waitat P
Bought by
Pereira Arvind A and Vaz Svetlana
Seller's Agent
Randy Rullamas
Real Estate eBroker Inc
Buyer's Agent
Vinh Vu
Real Estate eBroker Inc
List Price
$599,888
Sold Price
$720,000
Premium/Discount to List
$120,112
20.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.33%
Original Mortgage
$540,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2010
Sold by
Poon Wai Tat P
Bought by
Poon Waitat P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,400
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2007
Sold by
Cheung Ping Hung and Sin Sai Mui Cheung
Bought by
Poon Wai Tat P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 8, 2004
Sold by
Girard Gerald Randolph
Bought by
Cheung Ping Hung and Sin Sai Mui Cheung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
4.62%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Vemuri Raja $1,150,000 Old Republic Title
Pereira Arvind A $720,000 Old Republic Title Company
Poon Waitat P -- None Available
Poon Wai Tat P $602,000 Commonwealth Land Title Co
Cheung Ping Hung $455,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vemuri Raja $920,000
Previous Owner Pereira Arvind A $499,000
Previous Owner Pereira Arvind A $540,000
Previous Owner Poon Waitat P $366,000
Previous Owner Poon Wai Tat P $390,400
Previous Owner Poon Wai Tat P $480,000
Previous Owner Cheung Ping Hung $200,000
Previous Owner Cheung Ping Hung $75,000
Previous Owner Cheung Ping Hung $364,000
Closed Cheung Ping Hung $45,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/10/2022 03/10/22 Sold $1,150,000 +15.1% $836 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $999,000 +38.8% $727 / Sq Ft
07/27/2015 07/27/15 Sold $720,000 +20.0% $524 / Sq Ft
07/02/2015 07/02/15 Pending -- -- --
06/24/2015 06/24/15 For Sale $599,888 -- $436 / 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 $12,431 $1,140,000 $570,000 $570,000
2024 $12,431 $1,075,000 $537,500 $537,500
2023 $13,102 $1,115,000 $557,500 $557,500
2022 $9,709 $803,170 $401,585 $401,585
2021 $9,570 $787,422 $393,711 $393,711
2020 $9,404 $779,348 $389,674 $389,674
2019 $9,297 $764,068 $382,034 $382,034
2018 $8,828 $749,088 $374,544 $374,544
2017 $8,715 $734,400 $367,200 $367,200
2016 $8,363 $720,000 $360,000 $360,000
2015 $7,448 $643,000 $321,500 $321,500
2014 $6,314 $548,000 $274,000 $274,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81876570

MLSListings

APN: 022-51-015