$515,000
SOLD NOV 14, 2014

385 Montecito Way Milpitas, CA 95035

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

Recently Sold

$442 Per Sq Ft

1% Below List Price

62 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Community Pool
  • Marshall Pomeroy Elementary School Rated A
  • Living Room with Fireplace
  • 3-minute walk to Dixon Landing Park

About This Home

As of May 2020

This Charming TH is great for invest/first buyer. Dramatic high ceiling and bright. Middle floor has open living area w/fireplace, Kitchen. Tiles floor in kitchen and baths. Laminate in other area. Two master suites on top floor. 1 Car garage on bottom floor. Close 880/237. Minutes away from major Hi Tech Comps, Future Bart Station, library and Great Mall. Great Milpitas schools: API- 900/871/830

Last Agent to Sell the Property

Linda Guo

Starriver Inc License #01910353 Listed on: 08/27/2014

Last Buyer's Agent

Candace Levers

Intero Real Estate Services License #01833369

Intero Real Estate Services

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,354

Year Built

  • Built in 1992

Parking

  • 1 Car Garage
  • Tandem Parking
  • Garage Door Opener
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,165 Sq Ft Home
  • Gas Log Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 022-49-012

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, roof, common area electricity, exterior painting, insurance - common area
  • California Landing Association

Recreation

  • Tennis Courts
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,354

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 22
  • Sale Price Per Sq Ft: 442.06
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 1165
  • Barclays Page: 793
  • Map Book Page Secondary: 793
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Yes, Gas Log
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 1165
  • Bedrooms: Primary Suite / Retreate - 2+
  • Flooring: Tile, Laminate
  • Maximum Bathrooms: 3
  • Maximum Numberof Bedrooms: 2
  • Minimum Bathrooms: 3
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Local/Neighborhood

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Tandem Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 155
  • HOA Amenities: Community Pool, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Roof, Common Area Electricity, Exterior Painting, Insurance - Common Area
  • H O A Name Text: CALIFORNIA LANDING
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), Balcony/Patio

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 022-49-012
  • List Price per Sq Ft: 445.49
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 557.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 557.00
  • Lot Size Area Min Search: 557.00
  • Maximum Lot Size: 557.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Milpitas Unified

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
$902,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$157,498
Avg. Annual Appreciation
5.25%
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
$50,000
Interest Rate
6.73%
Mortgage Type
Stand Alone Second
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 Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Grant Deed $745,000 Chicago Title Company
Grant Deed $515,000 North American Title Co Inc
Grant Deed $390,000 Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Grant Deed $350,000 Chicago Title Company
Trustee Deed $469,816 Accommodation
Grant Deed $414,000 First American Title Co
Interfamily Deed Transfer -- --
Grant Deed -- Commonwealth Land Title
Interfamily Deed Transfer -- --
Grant Deed $82,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $50,000 Credit Line Revolving
Previous Owner $670,000 New Conventional
Previous Owner $670,500 New Conventional
Previous Owner $412,000 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $292,500 New Conventional
Previous Owner $424,000 Unknown
Previous Owner $106,000 Stand Alone Second
Previous Owner $40,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $368,000 Purchase Money Mortgage
Previous Owner $386,000 New Conventional
Previous Owner $35,000 Credit Line Revolving
Previous Owner $40,000 Stand Alone Second
Previous Owner $400,000 Stand Alone First
Previous Owner $15,000 Credit Line Revolving
Previous Owner $50,000 Stand Alone Second
Previous Owner $195,000 No Value Available
Previous Owner $165,000 Unknown
Previous Owner $20,500 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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
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
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: ML81431288

MLSListings

APN: 022-49-012