NOT LISTED FOR SALE

387 Montecito Way Milpitas, CA 95035

Estimated Value: $1,113,000 - $1,232,000

3 Beds
2.5 Baths
1,375 Sq Ft
$853/Sq Ft Est. Value

Last Sold December 13, 2018

Last sale price $888,888 $646 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $7,503/month

61 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Community Playground
  • Marshall Pomeroy Elementary School Rated A
  • Tile Countertops
  • 3-minute walk to Dixon Landing Park

About This Home

As of December 2018

HUGE PRICE REDUCTION!! Gorgeous corner townhouse with long driveway. Open floor plan filled with natural light. Laminate flooring thru out the house. Central A/C & Heating. Double pane windows. Open concept kitchen with contemporary style cabinets, Large master suite with His & Her closet. Master Bath w/ dual sinks and supersize tub. Remodeled Second bathroom with Custom Wall Tile, tile floors and standing shower. Upgraded carpet on stairs. 2 Car side by side attached garage with long driveway. Low HOA of $176. Private community pool. Excellent Location. Plenty of guest parking. Walk to Dixon Landing Park featuring kids playground, basketball & tennis courts, BBQ areas, trails and greenbelt areas. Commuter friendly location with easy access to Freeways , shopping Great Mall and upcoming Bart station. Top Rated schools - Pomeroy Elementary, Russell Middle and Milpitas High . No Rental Restriction. Do not miss !!!

Last Agent to Sell the Property

Lavanya Duvvi

Intero Real Estate Services License #01901376 Listed on: 09/13/2018

Intero Real Estate Services

Last Buyer's Agent

Kelly Chuan

Platinum Realty Group And Finance,Inc. License #01346739

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,251

Year Built

  • Built in 1992

Lot Details

  • 806

HOA Fees

  • $176 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,375 Sq Ft Home
  • 3-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer

Additional Features

  • Private Pool
  • 806 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 022-49-011

Community Details

Overview

  • Association fees include common area electricity, common area gas, exterior painting, insurance - common area, landscaping / gardening, maintenance - common area, maintenance - road, pool spa or tennis, reserves, roof
  • California Landing Villas Association
  • Built by California Landing

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,251

Year Built

Built in 1992

Lot Details

0

HOA Fees

$176 per month

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 26
  • Listing Class: Residential
  • Structure Sq Ft: 1375
  • Complex Name: California Landing
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: No Family Room
  • Fireplace: Gas Burning, Living Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Tile, Garbage Disposal
  • Living Sq Ft: 1375
  • Stories: 3
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • 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: 176
  • HOA Amenities: Community Pool, Playground
  • HOA Documents: Budget, Bylaws, CC&RS, Financial Statement, Minutes, Reserve Study, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Road, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: California Landing Villas Association
  • H O A Exist: Yes

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 022-49-011
  • Lot Acres: 0.0185
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 805.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 805.00

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
Sep 13, 2018
Closed on
Dec 4, 2018
Sold by
Griesmeier Dieter H and The Dieter H Griesmeler Survio
Bought by
Miller Brish N and Miller Janice T
Seller's Agent
Lavanya Duvvi
Intero Real Estate Services
Buyer's Agent
Kelly Chuan
Platinum Realty Group And Finance,Inc.
List Price
$925,000
Sold Price
$888,888
Premium/Discount to List
-$36,112
-3.9%
Current Estimated Value
$1,172,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$283,704
Avg. Annual Appreciation
4.67%
Original Mortgage
$666,666
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 2018
Sold by
Griesmeier Dieter H
Bought by
Griesmeier Dieter H and The Dierter H Griesmeier Suriv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.5%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 12, 2004
Sold by
Griesmeier Dieter H and Griesmeier Hideko K
Bought by
Griesmeier Dieter H and Griesmeier Hideko K

Purchase Details

Closed on
Dec 11, 2002
Sold by
Griesmeier Dieter H and Griesmeier Hideko K
Bought by
Griesmeier Dieter H and Griesmeier Hideko K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.03%

Purchase Details

Closed on
Aug 16, 2002
Sold by
Griesmeier Dieter H and Griesmeier Hideko K
Bought by
Griesmeier Dieter H and Griesmeier Hideko K
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
Miller Brish N $889,000 Old Republic Title Co
Griesmeier Dieter H -- First American Title Co
Griesmeier Dieter H -- Commonwealth Land Title
Griesmeier Dieter H -- Commonwealth Land Title
Griesmeier Dieter H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Brish N $643,000
Closed Miller Brish N $650,300
Closed Miller Brish N $663,750
Closed Miller Brish N $666,666
Previous Owner Griesmeier Dieter H $100,000
Previous Owner Griesmeier Dieter H $175,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2018 12/13/18 Sold $888,888 -0.7% $646 / Sq Ft
11/14/2018 11/14/18 Pending -- -- --
11/08/2018 11/08/18 Price Changed $895,000 -2.2% $651 / Sq Ft
10/12/2018 10/12/18 Price Changed $915,000 -1.1% $665 / Sq Ft
09/13/2018 09/13/18 For Sale $925,000 -- $673 / 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 $11,251 $991,564 $495,782 $495,782
2024 $11,251 $972,122 $486,061 $486,061
2023 $11,217 $953,062 $476,531 $476,531
2022 $11,173 $934,376 $467,188 $467,188
2021 $10,916 $908,000 $454,000 $454,000
2020 $9,610 $804,000 $402,000 $402,000
2019 $10,694 $888,888 $444,444 $444,444
2018 $3,688 $315,627 $124,318 $191,309
2017 $3,639 $309,439 $121,881 $187,558
2016 $3,485 $303,373 $119,492 $183,881
2015 $3,449 $298,817 $117,698 $181,119
2014 $3,343 $292,965 $115,393 $177,572
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2018

    Lavanya Duvvi

    Intero Real Estate Services

    Section Image

  • K

    Buyer's Agent in 2018

    Kelly Chuan

    Platinum Realty Group And Finance,Inc.

    (408) 482-1755

    11 Total Sales

    Kelly Chuan
    Section Image
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Map

Source: MLSListings

MLS Number: ML81723432

MLSListings

APN: 022-49-011

California Santa Clara County Milpitas 95035

387 Montecito Way, Milpitas, CA

This home is located at 387 Montecito Way, Milpitas, CA 95035 since 13 September 2018 and is currently estimated at $1,172,592, approximately $852 per square foot. This property was built in 1992. 387 Montecito Way is a home located in Santa Clara County with nearby schools including Marshall Pomeroy Elementary School, Thomas Russell Middle School, and Milpitas High School.

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