NOT LISTED FOR SALE

402 Terra Mesa Way Milpitas, CA 95035

Estimated Value: $899,907 - $1,012,000

2 Beds
2.5 Baths
1,165 Sq Ft
$803/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $475,000 $408 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $5,476/month

46 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • High Ceiling
  • Marshall Pomeroy Elementary School Rated A
  • Sauna
  • 2-minute walk to Dixon Landing Park

About This Home

As of August 2013

Airy and bright Milpitas townhouse now available! Fannie Mae owned. Cork/laminate/tile floors, 2 master bedroom suites, high ceilings, 2.5 baths, dual paned windows, tandem 2 car garage. Community pool/spa/tennis court. Steps to Dixon Landing Park. Nearby shopping center, schools and Hwy. 880/237.

Last Agent to Sell the Property

Rowena Frick

Excel Realty & Mortgage Inc License #01521447 Listed on: 05/06/2013

Last Buyer's Agent

Gina Pham

Intellity Real Estate Services License #00892752

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1992

Lot Details

  • 566

Parking

  • 2 Car Attached Garage
  • Tandem Parking
  • Garage Door Opener
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 1,165 Sq Ft Home
  • High Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry in Garage

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub

Utilities

  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 022-45-006

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, exterior painting, fencing, insurance - common area
  • Common Interest Management Association

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Sale Price Per Sq Ft: 407.73
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Max Numberof Unitsin Building: 50
  • Structure Sq Ft: 1165
  • Barclay Horizontal: 36
  • Barclays Page: 16
  • Incorporated: Yes
  • Map Book Page: 793
  • Map Book Page Secondary: 16
  • Map Side Coordinate: 4
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: J
  • Map Top Coordinate Secondary: 36
  • Thomas Bros Page: 793
  • Thomas Brothers: J4
  • 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 Starter
  • Dining Room: Dining Area in Living Room, No Informal Dining Room
  • Living Sq Ft: 1165
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Garage
  • Flooring: Tile, Laminate
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, No Stall Shower

Exterior Features

  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Off-Street Parking, Tandem Parking

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 153
  • HOA Amenities: Community Pool, BBQ Area, Sauna / Spa / Hot Tub
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Exterior Painting, Fencing, Insurance - Common Area
  • H O A Name Text: Common Interest Management
  • Levels In Unit: 3
  • H O A Exist: Yes

Association/Amenities

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

Lot Info

  • Parcel Number: 022-45-006
  • List Price per Sq Ft: 429.10
  • 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

Closed on
Jun 24, 2013
Sold by
Federal National Mortgage Association
Bought by
Kothari Chetankumar R and Tandel Komal B
Current Estimated Value
$934,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,900
Interest Rate
4.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2013
Sold by
Citimortgage Inc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jan 8, 2013
Sold by
Chang Klington
Bought by
Citimortgage Inc

Purchase Details

Closed on
Jul 1, 2002
Sold by
Arinduque Yvonne Aquino
Bought by
Chang Klington

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$313,600
Interest Rate
6.71%

Purchase Details

Closed on
Feb 23, 2002
Sold by
Arinduque Yvonne Aquino
Bought by
Arinduque Yvonne Aquino

Purchase Details

Closed on
Feb 6, 1998
Sold by
Arinduque Kristle Noel
Bought by
Arinduque Eric Aquino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.98%

Purchase Details

Closed on
Jan 27, 1998
Sold by
Arinduque Eric A
Bought by
Arinduque Yvonne Aquino

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,500
Interest Rate
6.98%
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
Kothari Chetankumar R $475,000 Lsi Title Company
Federal National Mortgage Association $415,500 First American Title
Citimortgage Inc $415,488 Accommodation
Chang Klington $392,000 Fidelity National Title Co
Arinduque Yvonne Aquino -- --
Arinduque Eric Aquino -- First American Title Co
Arinduque Yvonne Aquino -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kothari Chetankumar R $416,900
Previous Owner Chang Klington $313,600
Previous Owner Arinduque Yvonne Aquino $166,500
Closed Chang Klington $39,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $475,000 -5.0% $408 / Sq Ft
06/21/2013 06/21/13 Pending -- -- --
06/13/2013 06/13/13 For Sale $499,900 0.0% $429 / Sq Ft
06/05/2013 06/05/13 Pending -- -- --
05/06/2013 05/06/13 For Sale $499,900 -- $429 / 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 $6,750 $582,272 $291,136 $291,136
2024 $6,750 $570,856 $285,428 $285,428
2023 $6,649 $559,664 $279,832 $279,832
2022 $6,624 $548,692 $274,346 $274,346
2021 $6,528 $537,934 $268,967 $268,967
2020 $6,414 $532,420 $266,210 $266,210
2019 $6,341 $521,982 $260,991 $260,991
2018 $6,023 $511,748 $255,874 $255,874
2017 $5,946 $501,714 $250,857 $250,857
2016 $5,703 $491,878 $245,939 $245,939
2015 $5,645 $484,490 $242,245 $242,245
2014 $5,503 $475,000 $237,500 $237,500
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2013

    Rowena Frick

    Excel Realty & Mortgage Inc

  • G

    Buyer's Agent in 2013

    Gina Pham

    Intellity Real Estate Services

    (408) 234-1418

    8 Total Sales

    Gina Pham
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Map

Source: MLSListings

MLS Number: ML81315459

MLSListings

APN: 022-45-006

California Santa Clara County Milpitas 95035

402 Terra Mesa Way, Milpitas, CA

Not Listed for Sale

Townhouses

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