NOT LISTED FOR SALE

384 Montecito Way Milpitas, CA 95035

Estimated Value: $916,115 - $1,025,000

2 Beds
2.5 Baths
1,165 Sq Ft
$822/Sq Ft Est. Value

Last Sold March 13, 2015

Last sale price $565,000 $485 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,016/month

8 Days on Market

Highlights

  • In Ground Pool
  • Sauna
  • High Ceiling
  • Marshall Pomeroy Elementary School Rated A
  • Mediterranean Architecture
  • 3-minute walk to Dixon Landing Park

About This Home

As of March 2015

Schools: Pomeroy is 900api, Rusell is 871 api. Contemporary townhome with excellent floor plan. Private & quiet location. High ceiling, bright open living area with wood laminate floor and fireplace, 2 master suites, 2-car tandem garage with lots of storage cabinets, newer paint & carpet. Walk to community park with lots of amenities like tennis courts and basketball courts, conveniently located near 880

Last Agent to Sell the Property

Dina Cerezo

Intero Real Estate Services License #01331362 Listed on: 01/28/2015

Last Buyer's Agent

John Zinicola

CIR REALTORS

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,834

Year Built

  • Built in 1992

Lot Details

  • 566

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

  • Mediterranean Architecture
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,165 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Home Security

Pool

  • In Ground Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Sewer Within 50 Feet

Additional Features

  • Balcony
  • 566 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 022-51-008

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area
  • 204 Units
  • California Landing Villas Association
  • Built by California Landing Villas

Recreation

  • Community Pool

Additional Features

  • Sauna
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,834

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Mediterranean
  • Age: 23
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 204
  • Structure Sq Ft: 1165
  • Complex Name: California Landing Villas
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Bar, Dining Area in Living Room
  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Hood Over Range, Oven Range - Gas
  • Living Sq Ft: 1165
  • Stories: 3
  • Security: Fire Alarm
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - In Ground, Spa / Hot Tub
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes
  • Construction Type: Concrete

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer in Street

Condo/Co-op/Association

  • HOA Fees: 160
  • HOA Amenities: BBQ Area, Community Pool, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area
  • H O A Name Text: California Landing Villas Association
  • H O A Exist: Yes

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

  • Parcel Number: 022-51-008
  • Lot Acres: 0.0130
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 577.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 577.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Marshall Pomeroy 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
Jan 28, 2015
Closed on
Mar 4, 2015
Sold by
Tulio Sharon
Bought by
Panda Prasant Kumar and Panda Jayashree
Seller's Agent
Dina Cerezo
Intero Real Estate Services
Buyer's Agent
John Zinicola
CIR REALTORS
List Price
$520,000
Sold Price
$565,000
Premium/Discount to List
$45,000
8.65%
Current Estimated Value
$971,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$406,047
Avg. Annual Appreciation
5.27%
Original Mortgage
$451,000
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 17, 2004
Sold by
Rosa Julie Rose and Ningoia Bernice
Bought by
Tulio Sharon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,372
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 31, 2002
Sold by
Rosa Julie Rose and Rosa Phillip
Bought by
Rosa Julie Rose and Mingoia Bernice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
7.15%

Purchase Details

Closed on
Mar 4, 1999
Sold by
Mingoia Bernice B
Bought by
Rosa Julie Rose
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
Panda Prasant Kumar $565,000 Chicago Title Company
Tulio Sharon $414,500 Chicago Title
Rosa Julie Rose $103,500 Commonwealth Land Title Co
Rosa Julie Rose -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panda Jayashree $397,000
Closed Panda Prasant Kumar $451,000
Previous Owner Tulio Sharon $120,000
Previous Owner Tulio Sharon $331,372
Previous Owner Rosa Julie Rose $207,000
Previous Owner Rosa Phillip $52,000
Closed Tulio Sharon $82,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2015 03/13/15 Sold $565,000 +8.7% $485 / Sq Ft
02/05/2015 02/05/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $520,000 -- $446 / 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 $7,834 $665,722 $332,861 $332,861
2023 $7,810 $652,670 $326,335 $326,335
2022 $7,782 $639,874 $319,937 $319,937
2021 $7,671 $627,328 $313,664 $313,664
2020 $7,538 $620,896 $310,448 $310,448
2019 $7,453 $608,722 $304,361 $304,361
2018 $7,080 $596,788 $298,394 $298,394
2017 $6,990 $585,088 $292,544 $292,544
2016 $6,707 $573,616 $286,808 $286,808
2015 $5,705 $489,755 $147,871 $341,884
2014 $5,546 $480,162 $144,975 $335,187
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81448502

MLSListings

APN: 022-51-008