NOT LISTED FOR SALE

40961 Morningside Terrace Fremont, CA 94538

Irvington Neighborhood

Estimated Value: $1,150,000 - $1,644,000

4 Beds
3.5 Baths
1,599 Sq Ft
$933/Sq Ft Est. Value

Last Sold October 27, 2015

Last sale price $835,000 $522 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $8,929/month

27 Days on Market

Highlights

  • In Ground Pool
  • Contemporary Architecture
  • Granite Countertops
  • O. N. Hirsch Elementary School Rated A
  • High Ceiling
  • Balcony

About This Home

As of October 2015

Gorgeous Townhouse (1599 Sq Ft/4BR/3.5BA) Rare Single House like Townhome partially attached by the garage; rest of walls are detached. Open floor plan w/ exquisite custom kitchen tile back-splash, (gas burner range/oven and dishwasher), light fixtures, granite counter tops, mahogany cabinetry, designer window treatments, patio & balcony. Low HOA! Top Ranked Schools: Hirsch Elementary (API - 928), John M. Horner Middle School (API - 920), Irvington High School (API - 884). (More Updated Photos to Follow).

Last Agent to Sell the Property

Harvey Young

Keller Williams Thrive License #01346735 Listed on: 08/28/2015

Keller Williams Thrive

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,804

Year Built

  • Built in 2012

Lot Details

  • 0.64

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking
  • Off-Street Parking
  • Unassigned Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,599 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Open Floorplan
  • Dining Room
  • Alarm System
  • Washer and Dryer Hookup

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Community Sewer or Septic

Listing and Financial Details

  • Assessor Parcel Number 525-1673-260

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, insurance - homeowners, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, reserves, roof
  • 115 Units
  • Park Lane West Owners Association
  • Built by Park Lane West

Recreation

  • Community Pool

Pet Policy

  • No Pets Allowed

Additional Features

  • Courtyard
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,804

Year Built

Built in 2012

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Restrictions: Pets - Not Allowed
  • Age: 3
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 115
  • Structure Sq Ft: 1599
  • Complex Name: Park Lane West
  • Year Built: 2012
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Breakfast Bar, Dining Area, Dining Area in Family Room, Dining Area in Living Room, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island, Oven Range - Gas, Pantry Cabinet
  • Living Sq Ft: 1599
  • Stories: 3
  • Security: Fire System - Sprinkler, Security Alarm
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: In-Law Unit
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced, Pool - In Ground
  • Roof: Composition, Shingle
  • Yard/Grounds: Balcony / Patio, Courtyard
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, Off-Street Parking, On Street, Parking Restrictions, Unassigned Spaces, Uncovered Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Community Sewer / Septic, Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 253
  • HOA Amenities: Community Pool
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Insurance - Homeowners, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Park Lane West Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Fremont Unified
  • Elementary School: O. N. Hirsch Elementary
  • Middle School: John M. Horner Junior High
  • High School: Irvington High
  • High School: 26872
  • Elementary School: 26895
  • Middle School: 26905

Lot Info

  • Parcel Number: 525-1673-260
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1000.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Unified
  • Elementary School Text: O. N. Hirsch Elementary
  • High School Text: Irvington High
  • Middle School Text: John M. Horner Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2015
Closed on
Oct 20, 2015
Sold by
Wong William Minglui and Wong Wendy Y
Bought by
Namrata Shiwalkar Shailesh and Namrata Kochkar
Seller's Agent
Harvey Young
Keller Williams Thrive
Buyer's Agent
RECIP
Out of Area Office
List Price
$848,950
Sold Price
$835,000
Premium/Discount to List
-$13,950
-1.64%
Current Estimated Value
$1,491,291

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$656,291
Avg. Annual Appreciation
6.71%
Original Mortgage
$668,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 18, 2014
Sold by
Wong William Minglui and Wong Wendy Y
Bought by
Wong William Minglui and Wong Wendy Y

Purchase Details

Closed on
Dec 22, 2011
Sold by
Tri City Gardens Ii Llc
Bought by
Wong William Ming Liu and Wong Wendy Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,250
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

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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
Namrata Shiwalkar Shailesh $835,000 Old Republic Title Company
Wong William Minglui -- None Available
Wong William Ming Liu -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shiwalkar Shailesh $510,000
Closed Namrata Shiwalkar Shailesh $668,000
Previous Owner Wong William Ming Liu $406,200
Previous Owner Wong William Ming Liu $416,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/27/2015 10/27/15 Sold $835,000 -1.6% $522 / Sq Ft
09/25/2015 09/25/15 Pending -- -- --
08/28/2015 08/28/15 For Sale $848,950 -- $531 / 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 $11,804 $988,447 $296,534 $691,913
2024 $11,804 $969,067 $290,720 $678,347
2023 $11,492 $950,070 $285,021 $665,049
2022 $11,350 $931,441 $279,432 $652,009
2021 $11,072 $913,180 $273,954 $639,226
2020 $11,122 $903,820 $271,146 $632,674
2019 $10,995 $886,101 $265,830 $620,271
2018 $10,782 $868,733 $260,620 $608,113
2017 $10,513 $851,700 $255,510 $596,190
2016 $10,339 $835,000 $250,500 $584,500
2015 $7,359 $580,030 $174,009 $406,021
2014 $7,232 $568,668 $170,600 $398,068
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81512160

MLSListings

APN: 525-1673-260-00