NOT LISTED FOR SALE

374 Alvarez Common Milpitas, CA 95035

Estimated Value: $1,559,000 - $1,736,000

3 Beds
2.5 Baths
1,772 Sq Ft
$923/Sq Ft Est. Value

Last Sold June 09, 2016

Last sale price $950,000 $536 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $10,139/month

7 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Mediterranean Architecture
  • Pearl Zanker Elementary School Rated A-
  • Wood Flooring
  • Breakfast Area or Nook

About This Home

As of June 2016

Stunning 3 Bedrooms + Bonus room detached single family home in the highly sought after Viento at Terra Serena. One of the best locations with guest parking right in front of the home! Gourmet Kitchen with new Quartz Countertops. Stainless Steel Appliances, Microwave, Gas Cooktop. Full house Intercom, upgraded tiles in Kitchen and Bathrooms. Large Master Suite. Double Vanity and Bath Tub. Walk In Closet .Brand new carpets in all bedrooms and bonus room. Custom closet in Master Suite and Guest Bedroom. Lots of storage! Recessed Lighting. Inside Laundry Area. Dual Pane Windows. Copper Plumbing. Two Zones Central Air Conditioning and heater. Two car garage (not tandem). Community pool, club house, tennis/basketball courts, walking trail & parks. Convenient Location: Easy Access to Freeways 237/880/680, Shopping Center, and Major High Tech Companies - CISCO, Future Google and Apple Campus in N. San Jose. Close to New BART Station. Top Rated Milpitas Schools! Move In Condition.Don't Miss!!!

Last Agent to Sell the Property

Catherine Qian

Intero Real Estate Services License #01276431 Listed on: 05/04/2016

Intero Real Estate Services

Last Buyer's Agent

David Long

Christie's International Real Estate Sereno License #00956085

Christie's International Real Estate Sereno

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,332

Year Built

  • Built in 2006

Lot Details

  • 1,481 Sq Ft Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Guest Parking
  • Off-Street Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,772 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Combination Dining and Living Room
  • City Lights Views
  • Security Gate
  • Finished Basement

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Self-Cleaning Oven
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Private Pool

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, insurance - common area, insurance - earthquake, insurance - liability, landscaping / gardening, maintenance - common area, reserves, roof
  • Compass Management Association

Listing and Financial Details

  • Assessor Parcel Number 086-59-061

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,332

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Age: 10
  • Listing Class: Residential
  • Structure Sq Ft: 1772
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Countertop - Other, Dishwasher, Garbage Disposal, Oven - Self Cleaning, Oven Range - Built-In, Gas, Pantry Cabinet, Refrigerator
  • Living Sq Ft: 1772
  • Stories: 2
  • Security: Security Building
  • Laundry: Hookup - Washer/Dryer, Washer / Dryer
  • Flooring: Carpet, Hardwood
  • Additional Rooms: Basement - Finished, Laundry Room
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Shower and Tub, Stall Shower, Tile

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile
  • View: City Lights
  • Yard/Grounds: Sprinklers - Auto
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 125
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Insurance - Earthquake, Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Reserves, Roof
  • H O A Name Text: Compass management
  • H O A Exist: Yes

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 086-59-061
  • Lot Acres: 0.0340
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1485.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1485.40

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 4, 2016
Closed on
Jun 6, 2016
Sold by
Rajagopal Karthik and Rajagopal Karthik Priya
Bought by
Sundaram Arun Kumar Kalyaana and Krishnan Swetha
Seller's Agent
Catherine Qian
Intero Real Estate Services
Buyer's Agent
David Long
Christie's International Real Estate Sereno
List Price
$899,000
Sold Price
$950,000
Premium/Discount to List
$51,000
5.67%
Current Estimated Value
$1,634,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$684,699
Avg. Annual Appreciation
5.91%
Original Mortgage
$739,200
Interest Rate
2.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Feb 25, 2008
Sold by
Kb Home South Bay Inc
Bought by
Rajagopal Karthik and Rajagopal Karthik Priya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Sundaram Arun Kumar Kalyaana $950,000 First American Title Company
Rajagopal Karthik $645,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kalyaanasundaram Arunkumar $612,000
Closed Sundaram Arun Kumar Kalyaana $739,200
Previous Owner Rajagopal Karthik $394,000
Previous Owner Rajagopal Karthik $405,000
Previous Owner Rajagopal Karthik $417,000
Previous Owner Rajagopal Karthik $60,000
Previous Owner Rajagopal Karthik $480,000
Previous Owner Rajagopal Karthik $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2016 06/09/16 Sold $950,000 +5.7% $536 / Sq Ft
05/12/2016 05/12/16 Pending -- -- --
05/04/2016 05/04/16 For Sale $899,000 -- $507 / 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
2024 $13,332 $1,102,551 $580,291 $522,260
2023 $13,278 $1,080,933 $568,913 $512,020
2022 $13,197 $1,059,739 $557,758 $501,981
2021 $12,988 $1,038,961 $546,822 $492,139
2020 $12,759 $1,028,309 $541,216 $487,093
2019 $12,604 $1,008,147 $530,604 $477,543
2018 $11,972 $988,380 $520,200 $468,180
2017 $11,807 $969,000 $510,000 $459,000
2016 $8,681 $715,673 $382,802 $332,871
2015 $8,585 $704,923 $377,052 $327,871
2014 $8,355 $691,116 $369,667 $321,449
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Catherine Qian

    Intero Real Estate Services

    Section Image
  • David Long

    Buyer's Agent in 2016

    David Long

    Sereno Group

    (408) 335-1400

    2 in this area

    126 Total Sales

    David Long
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81583699

MLSListings

APN: 086-59-061

California Santa Clara County Milpitas 95035

374 Alvarez Common, Milpitas, CA

This home is located at 374 Alvarez Common, Milpitas, CA 95035 since 04 May 2016 and is currently estimated at $1,634,699, approximately $922 per square foot. This property was built in 2006. 374 Alvarez Common is a home located in Santa Clara County with nearby schools including Pearl Zanker Elementary School, Rancho Milpitas Middle School, and Milpitas High School.

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