NOT LISTED FOR SALE

383 Rio Verde Place Unit 3 Milpitas, CA 95035

Estimated Value: $595,000 - $719,000

2 Beds
1 Bath
882 Sq Ft
566 Sq Ft Lot

Last Sold September 04, 2015

Last sale price $408,000 $463 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $3,903/month

15 Days on Market

Highlights

  • Private Pool
  • Granite Countertops
  • Tile Flooring
  • Anthony Spangler Elementary School Rated A
  • 1 Car Detached Garage
  • Forced Air Heating System

About This Home

As of September 2015

Beautiful Condo in desirable Milpitas area. Kitchen remodeled with brand new Granite counter tops, Cabinets, and Tile floor. Brand new Pergo floor in both bed rooms, hall way upstairs, and stairway. Fresh interior paint throughout. New fence. One car garage. HOA covers Water, Hot Water, Trash, Roof, Fence, community pool and common area maintenance. Conveniently located near Fwy 237,880, 680, Great Mall, Shops/Restaurants, School, and minutes from Milpitas Library. A Must See!!!

Last Agent to Sell the Property

Christine Bui

CMB Realty and Mortgage, Inc. License #01334386 Listed on: 07/25/2015

Last Buyer's Agent

Linda Tran

Green Valley Realty USA License #00980249

Green Valley Realty USA

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,638

Year Built

  • Built in 1971

Lot Details

  • 566

Parking

  • 1 Car Detached Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 882 Sq Ft Home
  • 2-Story Property
  • Dining Room

Kitchen

  • Oven or Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Pool

  • Private Pool

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 086-35-067

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, fencing, garbage, hot water, insurance - common area, pool spa or tennis, roof, sewer, water
  • Legacy Community Management, Llc Association

Amenities

  • Coin Laundry

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,638

Year Built

Built in 1971

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 44
  • Listing Class: Residential
  • Structure Sq Ft: 882
  • Year Built: 1971
  • Zoning Description: R1PUD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Dining Room: Dining Area, No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range
  • Living Sq Ft: 882
  • Stories: 2
  • Laundry: Coin Operated
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

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

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Detached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 331
  • Association Fees Include: Exterior Painting, Fencing, Garbage, Hot Water, Insurance - Common Area, Pool, Spa, or Tennis, Roof, Sewer, Water
  • H O A Name Text: Legacy Community Management, LLC
  • H O A Exist: Yes

Schools

  • School District: Milpitas Unified
  • Elementary School: Anthony Spangler Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 288
  • Middle School: 291

Lot Info

  • Parcel Number: 086-35-067
  • Lot Acres: 0.0130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 576.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 576.00

Multi Family

  • Utilities: Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Anthony Spangler 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
Jul 25, 2015
Closed on
Sep 1, 2015
Sold by
Nguyen Tung Thanh and Tran My Thi
Bought by
Kong Kenneth and Wong Belinda
Seller's Agent
Christine Bui
CMB Realty and Mortgage, Inc.
Buyer's Agent
Linda Tran
Green Valley Realty USA
List Price
$419,000
Sold Price
$408,000
Premium/Discount to List
-$11,000
-2.63%
Current Estimated Value
$654,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,620
Avg. Annual Appreciation
4.77%
Original Mortgage
$306,000
Outstanding Balance
$240,834
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$413,786

Purchase Details

Closed on
Jan 7, 2005
Sold by
Tran Robert
Bought by
Nguyen Tung Thanh and Tran My Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 13, 2000
Sold by
Egli Daniel J
Bought by
Tran Robert

Purchase Details

Closed on
Jun 24, 1999
Sold by
Egli Daniel J and Garcia John R
Bought by
Egli Daniel J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,500
Interest Rate
7.2%
Mortgage Type
Stand Alone First
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
Kong Kenneth $408,000 Fidelity National Title Co
Nguyen Tung Thanh $315,000 Old Republic Title Company
Tran Robert $240,000 Fidelity National Title Ins
Egli Daniel J -- Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kong Kenneth $306,000
Previous Owner Nguyen Tung Thanh $252,000
Previous Owner Egli Daniel J $109,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2015 09/04/15 Sold $408,000 -2.6% $463 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
07/25/2015 07/25/15 For Sale $419,000 -- $475 / 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 $5,638 $482,982 $241,491 $241,491
2024 $5,638 $473,512 $236,756 $236,756
2023 $5,621 $464,228 $232,114 $232,114
2022 $5,602 $455,126 $227,563 $227,563
2021 $5,523 $446,202 $223,101 $223,101
2020 $5,428 $441,628 $220,814 $220,814
2019 $5,368 $432,970 $216,485 $216,485
2018 $5,101 $424,482 $212,241 $212,241
2017 $5,037 $416,160 $208,080 $208,080
2016 $4,832 $408,000 $204,000 $204,000
2015 $4,092 $347,936 $202,963 $144,973
2014 $3,972 $341,122 $198,988 $142,134
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2015

    Christine Bui

    CMB Realty and Mortgage, Inc.

    (408) 416-3963

    4 Total Sales

    Christine Bui
    Section Image

  • L

    Buyer's Agent in 2015

    Linda Tran

    Green Valley Realty USA

    (408) 512-5712

    17 Total Sales

    Linda Tran
    Section Image
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Map

Source: MLSListings

MLS Number: ML81496982

MLSListings

APN: 083-08-067

California Santa Clara County Milpitas 95035

383 Rio Verde Place Unit 3, Milpitas, CA

This home is located at 383 Rio Verde Place Unit 3, Milpitas, CA 95035 since 25 July 2015 and is currently estimated at $654,620, approximately $742 per square foot. This property was built in 1971. 383 Rio Verde Place Unit 3 is a home located in Santa Clara County with nearby schools including Anthony Spangler Elementary School, Thomas Russell Middle School, and Milpitas High School.

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