NOT LISTED FOR SALE

391 Montecito Way Milpitas, CA 95035

Estimated Value: $1,144,000 - $1,210,000

3 Beds
2.5 Baths
1,547 Sq Ft
$759/Sq Ft Est. Value

Last Sold August 21, 2020

Last sale price $950,000 $614 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $7,299/month

42 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Garden View
  • Marshall Pomeroy Elementary School Rated A
  • Wood Flooring
  • 2-minute walk to Dixon Landing Park

About This Home

As of August 2020

Very clean, light, airy, well-maintained and spacious home. Seller retiring. 3 bedroom, 2 and 1/2 baths , tri-level home, hardwood floor. High ceiling, beautiful yards maintained by HOA. Very desirable neighborhood, quiet and sunny. Refrigerator, washer and dryer stay. end unit. HOA playground and Dixon Landing park nearby. A must see. Thank you.

Last Agent to Sell the Property

Diana Wang

Starriver Inc License #01030411 Listed on: 06/03/2020

Last Buyer's Agent

Mike Nekouasl

Altas Realty License #01425654

Townhouse Details

Home Type

  • Townhome

Year Built

  • 1992

Lot Details

  • 945 Sq Ft Lot
  • End Unit
  • Sprinklers on Timer
  • Grass Covered Lot

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • On-Street Parking
  • Off-Street Parking

Property Views

  • Garden
  • Park or Greenbelt
  • Neighborhood
  • Courtyard

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,547 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Private Pool
  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Wood Insert Heater
  • Vented Exhaust Fan
  • Heating System Uses Gas
  • Community Sewer or Septic

Community Details

Overview

  • Association fees include common area electricity, decks, garbage, insurance - common area, insurance - earthquake, insurance - hazard, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, recreation facility, roof
  • California Landing Villas Association
  • The community has rules related to parking rules

Amenities

  • Planned Social Activities

Recreation

  • Tennis Courts

Townhouse Details

Home Type

Townhome

Year Built

1992

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Parking Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 1547
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1992

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Family Room, Insert, Wood Burning
  • Dining Room: Dining Area, Eat In Kitchen, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Gas, Microwave, Oven - Self Cleaning, Oven Range, Oven Range - Gas, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1547
  • Stories: 3
  • Bedrooms: Walk-In Closet
  • Laundry: In Garage
  • Flooring: Carpet, Hardwood, Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower And Tub, Showers Over Tubs - 2+, Tile, Tub In Primary Bedroom, Tubs - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Yes
  • Roof: Composition
  • View: Court, Garden / Greenbelt, Neighborhood, Park
  • Yard/Grounds: Balcony / Patio, Bbq Area, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn, Tennis Court
  • Pool: Pool - Fenced, Pool - In Ground, Spa - In Ground
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking, Off-Street Parking, On Street

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air - Gas, Fireplace, Gas
  • Sewer/Septic System: Community Sewer / Septic

Condo/Co-op/Association

  • HOA Fees: 220
  • HOA Amenities: Organized Activities
  • HOA Documents: Articles Of Incorporation, Bylaws, Cc&rs
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Decks, Garbage, Insurance - Common Area, Insurance - Earthquake, Insurance - Hazard, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, Or Tennis, Recreation Facility, Roof
  • HOA Exist: Yes
  • H O A Name Text: california landing villas association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-In Closet

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.0217
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 947.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 947.00
  • Soil: Adobe

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Natural Gas, Public Utilities
  • Unit Features: End Unit, Tri Level Unit

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2020
Closed on
Jul 17, 2020
Sold by
Lee Jong Sheng and Lee Shun Yee
Bought by
Mangipudi Surya Chaitanya and Samavedam Janaki Manasa
Seller's Agent
Diana Wang
Starriver Inc
Buyer's Agent
Mike Nekouasl
Altas Realty
List Price
$985,000
Sold Price
$950,000
Premium/Discount to List
-$35,000
-3.55%
Current Estimated Value
$1,174,752

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$224,752
Avg. Annual Appreciation
3.99%
Original Mortgage
$760,000
Outstanding Balance
$666,153
Interest Rate
2.5%
Estimated Equity
$508,599

Purchase Details

Listed on
Jul 16, 2013
Closed on
Nov 25, 2013
Sold by
Ho Christine Mai
Bought by
Lee Jong Sheng and Lee Shun Yee
Seller's Agent
Navid Ali
Realty ONE Group Future
Buyer's Agent
Ashwin Veeravalli
Compass
List Price
$589,000
Sold Price
$585,000
Premium/Discount to List
-$4,000
-0.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%
Original Mortgage
$464,000
Interest Rate
2.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2002
Sold by
Hoang Tony K and Tecson Mary Grace C
Bought by
Ho Christine Mai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,750
Interest Rate
5.25%

Purchase Details

Closed on
Feb 18, 2002
Sold by
Werblo David A and Werblo Kathryn S
Bought by
Hoang Tony K and Tecson Mary Grace C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mangipudi Surya Chaitanya $950,000 Chicago Title Company
Lee Jong Sheng $585,000 Old Republic Title Company
Ho Christine Mai $560,000 Alliance Title Company
Hoang Tony K $400,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mangipudi Surya Chaitanya $760,000
Previous Owner Lee Jong Sheng $464,000
Previous Owner Ho Christine Mai $324,750
Previous Owner Hoang Tony K $320,000
Closed Hoang Tony K $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2020 08/21/20 Sold $950,000 -3.6% $614 / Sq Ft
07/16/2020 07/16/20 Pending -- -- --
06/03/2020 06/03/20 For Sale $985,000 +68.4% $637 / Sq Ft
11/29/2013 11/29/13 Sold $585,000 -0.7% $378 / Sq Ft View Prior Sale
10/28/2013 10/28/13 Pending -- -- --
10/10/2013 10/10/13 Price Changed $589,000 0.0% $381 / Sq Ft
10/10/2013 10/10/13 For Sale $589,000 +0.7% $381 / Sq Ft
09/03/2013 09/03/13 Off Market $585,000 -- --
07/16/2013 07/16/13 For Sale $588,888 -- $381 / 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 $11,746 $1,028,308 $514,154 $514,154
2024 $11,746 $1,008,146 $504,073 $504,073
2023 $11,711 $988,380 $494,190 $494,190
2022 $11,665 $969,000 $484,500 $484,500
2021 $11,498 $950,000 $475,000 $475,000
2020 $7,866 $655,718 $327,859 $327,859
2019 $7,776 $642,862 $321,431 $321,431
2018 $7,384 $630,258 $315,129 $315,129
2017 $7,288 $617,900 $308,950 $308,950
2016 $6,992 $605,786 $302,893 $302,893
2015 $6,921 $596,688 $298,344 $298,344
2014 $6,811 $585,000 $292,500 $292,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81795037

MLSListings

APN: 022-49-009