NOT LISTED FOR SALE

385 Montecito Way Milpitas, CA 95035

Estimated Value: $893,326 - $1,026,000

2 Beds
2.5 Baths
1,165 Sq Ft
566 Sq Ft Lot

Last Sold May 08, 2020

Last sale price $745,000 $639 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $5,677/month

27 Days on Market

Highlights

  • Open to Family Room
  • 1 Car Attached Garage
  • Gas Fireplace
  • Marshall Pomeroy Elementary School Rated A
  • Forced Air Heating and Cooling System
  • 3-minute walk to Dixon Landing Park

About This Home

As of May 2020

Looking for the perfect house... clean, upgraded, good schools, great location, great neighborhood, and move in ready. Then look no further~You've found it! This Beautiful 2 bedroom, 2.5 bath townhouse style condo has many upgrades. Bamboo Flooring, Recessed LED Lighting throughout, Kitchen includes Granite Countertops, Maple Wood Kitchen Cabinets, newer appliances. Master Bedroom w/custom Shower featuring porcelain tiles and tall sliding glass doors. junior master bedroom also includes matching upgraded bathtub and porcelain tiles. Townhome has Central Heat & Air. The community includes a gated pool, children's play area and is adjacent to Dixon landing park. The community is located off of Milmont drive/California circle, that has minimal through traffic. This makes it pleasant for walks around the neighborhood and park. It also has quick access to the 880 freeway via California circle, but not too close to the noise. A great location to commute to companies north or south on the 880

Last Agent to Sell the Property

Laxmi Penupothula

Intero Real Estate Services License #02047105 Listed on: 03/11/2020

Intero Real Estate Services

Last Buyer's Agent

Gagan Singh

Redfin License #01405437

Redfin

Property Details

Home Type

  • Condominium

Year Built

  • 1992

Lot Details

  • 566

Parking

  • 1 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,165 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace

Kitchen

  • Open to Family Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Property has a Home Owners Association
  • Association fees include insurance - hazard, management fee, reserves
  • California Landing Villas Association

Property Details

Home Type

Condominium

Year Built

1992

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Condominium
  • Listing Class: Residential
  • Structure Sq Ft: 1165
  • Special Features: None
  • Property Sub Type: Condos
  • Year Built: 1992

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Eat In Kitchen
  • Fireplace: Yes
  • Living Sq Ft: 1165
  • Stories: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 212
  • Association Fees Include: Insurance - Hazard, Management Fee, Reserves
  • HOA Exist: Yes
  • H O A Name Text: California landing villas association

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 8, 2020
Sold by
Mohapatra and Smita
Bought by
Mohapatra Living Trust
Seller's Agent
Laxmi Penupothula
Intero Real Estate Services
Buyer's Agent
Gagan Singh
Redfin
List Price
$799,777
Sold Price
$745,000
Premium/Discount to List
-$54,777
-6.85%
Current Estimated Value
$931,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$186,832
Avg. Annual Appreciation
4.05%
Original Mortgage
$670,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 11, 2020
Closed on
May 1, 2020
Sold by
Juliano Nicolas S
Bought by
Mohapatra Samarendra and Mohapatra Smita
Seller's Agent
Laxmi Penupothula
Intero Real Estate Services
Buyer's Agent
Gagan Singh
Redfin
List Price
$799,777
Sold Price
$745,000
Premium/Discount to List
-$54,777
-6.85%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$670,500
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2014
Closed on
Nov 12, 2014
Sold by
Wang Xiao and Li Jing
Bought by
Juliano Nicolas S
Seller's Agent
Linda Guo
Starriver Inc
Buyer's Agent
Candace Levers
Intero Real Estate Services
List Price
$519,000
Sold Price
$515,000
Premium/Discount to List
-$4,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.97%
Original Mortgage
$412,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 10, 2010
Sold by
Batra Rajeev and Batra Anu Pama
Bought by
Wang Xiao and Li Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 26, 2010
Sold by
Batra Ankur G and Batra Rahul
Bought by
Batra Rajeev and Batra Anu Pama

Purchase Details

Closed on
Mar 11, 2010
Sold by
Aurora Loan Services Llc
Bought by
Batra Ankur G and Batra Rahul

Purchase Details

Closed on
Oct 8, 2009
Sold by
Sanchez Romeo
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Feb 9, 2006
Sold by
Sanchez Romeo and Gan Rosemarie
Bought by
Sanchez Romeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
11.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 12, 2005
Sold by
Sanchez Romeo
Bought by
Sanchez Romeo and Gan Rosemarie

Purchase Details

Closed on
Feb 14, 2005
Sold by
Gan Rosemarie A
Bought by
Sanchez Romeo F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,000
Interest Rate
6.35%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 19, 2002
Sold by
Gan Rosemarie A
Bought by
Gan Rosemarie A and Sanchez Romeo F

Purchase Details

Closed on
Feb 5, 1999
Sold by
Rosemarie Gan and Rosemarie Carlota B
Bought by
Gan Rosemarie A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$195,000
Interest Rate
6.79%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mohapatra Living Trust -- None Listed On Document
Mohapatra Samarendra $745,000 Chicago Title Company
Juliano Nicolas S $515,000 North American Title Co Inc
Wang Xiao $390,000 Fidelity National Title Co
Batra Rajeev -- None Available
Batra Ankur G $350,000 Chicago Title Company
Aurora Loan Services Llc $469,816 Accommodation
Sanchez Romeo $414,000 First American Title Co
Sanchez Romeo -- --
Sanchez Romeo F -- Commonwealth Land Title
Gan Rosemarie A -- --
Gan Rosemarie A $82,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mohapatra Samarendra $670,500
Previous Owner Juliano Nicolas S $412,000
Previous Owner Wang Xiao $292,500
Previous Owner Sanchez Romeo $150,000
Previous Owner Sanchez Romeo F $368,000
Previous Owner Gan Rosemarie A $195,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/08/2020 05/08/20 Sold $745,000 -0.6% $639 / Sq Ft
04/08/2020 04/08/20 Pending -- -- --
03/23/2020 03/23/20 Price Changed $749,777 -6.3% $644 / Sq Ft
03/11/2020 03/11/20 For Sale $799,777 +55.3% $687 / Sq Ft
11/14/2014 11/14/14 Sold $515,000 -0.8% $442 / Sq Ft View Prior Sale
10/28/2014 10/28/14 Pending -- -- --
10/20/2014 10/20/14 For Sale $519,000 0.0% $445 / Sq Ft
10/17/2014 10/17/14 Pending -- -- --
08/27/2014 08/27/14 For Sale $519,000 -- $445 / 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 $9,354 $814,762 $407,381 $407,381
2024 $9,354 $798,788 $399,394 $399,394
2023 $9,354 $783,126 $391,563 $391,563
2022 $9,291 $767,772 $383,886 $383,886
2021 $9,158 $752,718 $376,359 $376,359
2020 $6,809 $565,948 $282,974 $282,974
2019 $6,731 $554,852 $277,426 $277,426
2018 $6,393 $543,974 $271,987 $271,987
2017 $6,311 $533,308 $266,654 $266,654
2016 $6,054 $522,852 $261,426 $261,426
2015 $5,992 $515,000 $257,500 $257,500
2014 $4,803 $407,596 $203,798 $203,798
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81786366

MLSListings

APN: 022-49-012