NOT LISTED FOR SALE

401 Montecito Way Milpitas, CA 95035

Estimated Value: $980,000 - $1,195,000

3 Beds
2.5 Baths
1,547 Sq Ft
$715/Sq Ft Est. Value

Last Sold September 25, 2014

Last sale price $615,000 $398 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,620/month

16 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Mediterranean Architecture
  • Marshall Pomeroy Elementary School Rated A
  • Vaulted Ceiling
  • 3-minute walk to Dixon Landing Park

About This Home

As of September 2014

Best price in Milpitas! This bright & spacious home features high vaulted ceiling, dual pane windows, brand new granite kitchen countertops, and gorgeous cherry laminate flooring in living areas. Central AC. Corner unit with attached side-by-side 2-car garage. Relaxing mountain views. Great schools! Convenient location to live, work, and play. Don't miss out!

Last Agent to Sell the Property

Elsie Wu

Abundance 99 Inc License #01858559 Listed on: 08/06/2014

Last Buyer's Agent

Nara Chidambaram

REALTY EXPERTS License #01416198

REALTY EXPERTS

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1992

Lot Details

  • 958

Parking

  • 2 Car Attached Garage
  • Guest Parking

Home Design

  • Mediterranean Architecture
  • Bi-Level Home
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Mountain Views
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Oven or Range
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Additional Features

  • End Unit
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 022-49-004

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, common area electricity, common area gas, exterior painting, insurance - common area, insurance - liability
  • 204 Units
  • Ca Landing Association
  • Built by Calif Landing

Amenities

  • Community Barbecue Grill

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 1992

Lot Details

958 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Mediterranean
  • Sale Price Per Sq Ft: 397.54
  • Listing Class: Residential
  • Max Numberof Unitsin Complex: 204
  • Min Numberof Unitsin Complex: 204
  • Structure Sq Ft: 1547
  • Builder Architect: KB Homes
  • Complex Name: Calif Landing
  • Incorporated: Yes
  • Map Book Page: 793
  • Map Side Coordinate: 4
  • Map Top Coordinate: H
  • Thomas Bros Page: 793
  • Thomas Brothers: H4
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Yes, Gas Starter
  • Dining Room: Formal Dining Room, No Informal Dining Room
  • Kitchen: Dishwasher, Oven Range, Microwave, Hookups - Gas
  • Living Sq Ft: 1547
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage
  • Flooring: Tile, Laminate, Carpet - Wall to Wall, Vinyl / Linoleum
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Showers over Tubs - 2+, Tub in Primary Bedroom, Tubs - 2+, No Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Mountains

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 155
  • HOA Amenities: Playground, Community Pool, BBQ Area, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Common Area Electricity, Common Area Gas, Exterior Painting, Insurance - Common Area, Insurance - Liability
  • H O A Name Text: CA Landing
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Schools

  • High School: 293

Lot Info

  • Parcel Number: 022-49-004
  • Lot Location: Corner
  • List Price per Sq Ft: 387.20
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 938.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 938.00
  • Lot Size Area Min Search: 938.00
  • Maximum Lot Size: 938.00
  • 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
  • Unit Features: End Unit, Bi/Split Level Unit

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

Closed on
Jan 17, 2024
Sold by
Desai Pranav and Desai Shweta N
Bought by
Pranav And Shweta Desai Family Trust and Desai
Current Estimated Value
$1,106,294

Purchase Details

Listed on
Aug 6, 2014
Closed on
Sep 15, 2014
Sold by
Poon Yin Him and But Shou Kuen Poon
Bought by
Desai Pranav and Desai Shweta N
Seller's Agent
Elsie Wu
Abundance 99 Inc
Buyer's Agent
Nara Chidambaram
REALTY EXPERTS
List Price
$599,000
Sold Price
$615,000
Premium/Discount to List
$16,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.23%
Original Mortgage
$522,750
Interest Rate
4.09%
Mortgage Type
New Conventional
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
Pranav And Shweta Desai Family Trust -- None Listed On Document
Desai Pranav $615,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Desai Pranav $522,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/25/2014 09/25/14 Sold $615,000 0.0% $398 / Sq Ft
08/22/2014 08/22/14 Pending -- -- --
08/22/2014 08/22/14 Off Market $615,000 -- --
08/21/2014 08/21/14 Pending -- -- --
08/06/2014 08/06/14 For Sale $599,000 -- $387 / Sq Ft
Source: MLSListings

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 $8,507 $739,126 $369,563 $369,563
2024 $8,507 $724,634 $362,317 $362,317
2023 $8,482 $710,426 $355,213 $355,213
2022 $8,450 $696,498 $348,249 $348,249
2021 $8,329 $682,842 $341,421 $341,421
2020 $8,185 $675,842 $337,921 $337,921
2019 $8,093 $662,592 $331,296 $331,296
2018 $7,686 $649,600 $324,800 $324,800
2017 $7,588 $636,864 $318,432 $318,432
2016 $7,281 $624,378 $312,189 $312,189
2015 $7,129 $615,000 $307,500 $307,500
2014 $3,777 $323,850 $155,560 $168,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81428575

MLSListings

APN: 022-49-004

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