NOT LISTED FOR SALE

435 Arbor Way Milpitas, CA 95035

Estimated Value: $691,000 - $796,000

2 Beds
2 Baths
924 Sq Ft
2,043 Sq Ft Lot

Last Sold November 17, 2017

Last sale price $641,000 $694 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,713/month

11 Days on Market

Highlights

  • Private Pool
  • End Unit
  • Washer and Dryer
  • Marshall Pomeroy Elementary School Rated A
  • Forced Air Heating and Cooling System
  • Dining Area

About This Home

As of November 2017

Charming & Bright 2 bedroom, 2 bathroom ground floor, split level Pool: Community Facility, in Ground, Fenced, Pool/Spa Combo Dining Room: Dining Area Cooling: Central Force Air Heating: Fireplace, Central Force Air Kitchen: Microwave, Dishwasher, Oven, Range-Electric Refrigerator: Double Doors Stainless Steel Laundry: Washer & Dryer Floor: Pergo/Carpet Parking: One car garage w/room for storage & One assigned Parking School: Walking distance to Milpitas Unified Schools Conveniently Located nearby: Hwys 237, 880, 680, Ranch 99, Lion Supermarket, Safeway, Walgreen, Warm Spring, future Milpitas Bart Station...and much, much more Buyer to verify availability.

Last Agent to Sell the Property

Andy Tsui

AMAC Realty & Lending License #01729992 Listed on: 10/12/2017

Last Buyer's Agent

Ratnajee Arumilli

Ratnajee Arumilli, Broker License #01223528

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,318

Year Built

  • Built in 1992

Lot Details

  • 2,043

Parking

  • 1 Car Garage
  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 924 Sq Ft Home
  • Wood Burning Fireplace
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Additional Features

  • In Ground Spa
  • End Unit

Listing and Financial Details

  • Assessor Parcel Number 026-29-035

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, fencing, insurance - common area, landscaping / gardening, maintenance - common area, pool spa or tennis
  • Fountain Square Association

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,318

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Age: 25
  • Listing Class: Residential
  • Structure Sq Ft: 924
  • Incorporated: Yes
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Dishwasher, Microwave, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 924
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Pool Description: Community Facility, Spa - In Ground
  • Roof: Composition
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Assigned Spaces

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 310
  • Association Fees Include: Common Area Electricity, Common Area Gas, Fencing, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis
  • H O A Name Text: FOUNTAIN SQUARE
  • H O A Exist: Yes

Schools

  • School District: Milpitas Unified
  • High School: Milpitas High
  • High School: 293

Lot Info

  • Parcel Number: 026-29-035
  • Lot Acres: 0.0469
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2041.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2041.00

Multi Family

  • Utilities: Public Utilities
  • Unit Features: End Unit

MLS Schools

  • High School District Text: Milpitas Unified
  • High School Text: Milpitas High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2017
Closed on
Nov 15, 2017
Sold by
Kim Kristina H
Bought by
Jain Sumeer and Jain Vishakha
Seller's Agent
Andy Tsui
AMAC Realty & Lending
Buyer's Agent
Ratnajee Arumilli
Ratnajee Arumilli, Broker
List Price
$618,800
Sold Price
$641,000
Premium/Discount to List
$22,200
3.59%
Current Estimated Value
$757,600

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$116,600
Avg. Annual Appreciation
2.32%
Original Mortgage
$576,836
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2008
Sold by
Ojeda Sonia
Bought by
Kim Kristina H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$20,000
Interest Rate
6.04%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 20, 2006
Sold by
Lee Napoleon Winston
Bought by
Ojeda Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$13,650
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Apr 25, 1997
Sold by
Lee Napoleon W
Bought by
Lee Napoleon Winston

Purchase Details

Closed on
Aug 12, 1994
Sold by
Wilson Development Inc
Bought by
Lee Napoleon Winston

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,350
Interest Rate
8.73%
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
Jain Sumeer $641,000 First American Title Company
Kim Kristina H $367,000 Financial Title Company
Ojeda Sonia $455,000 Alliance Title Company
Lee Napoleon Winston -- --
Lee Napoleon Winston $153,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Sumeer $548,250
Closed Jain Sumeer $554,600
Closed Jain Sumeer $565,000
Closed Jain Sumeer $576,836
Previous Owner Kim Kristina H $397,500
Previous Owner Kim Kristina H $271,000
Previous Owner Kim Kristina H $292,704
Previous Owner Kim Kristina H $20,000
Previous Owner Kim Kristina H $291,950
Previous Owner Ojeda Sonia $13,650
Previous Owner Ojeda Sonia $441,350
Previous Owner Lee Napoleon Winston $50,000
Previous Owner Lee Napoleon Winston $122,350
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/17/2017 11/17/17 Sold $641,000 +3.6% $694 / Sq Ft
10/24/2017 10/24/17 Pending -- -- --
10/12/2017 10/12/17 For Sale $618,800 -- $670 / 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 $8,318 $729,344 $364,672 $364,672
2024 $8,318 $715,044 $357,522 $357,522
2023 $7,640 $645,000 $322,500 $322,500
2022 $8,259 $687,280 $343,640 $343,640
2021 $7,928 $656,000 $328,000 $328,000
2020 $7,598 $633,000 $316,500 $316,500
2019 $7,906 $653,820 $326,910 $326,910
2018 $7,507 $641,000 $320,500 $320,500
2017 $5,028 $415,356 $207,678 $207,678
2016 $4,745 $407,212 $203,606 $203,606
2015 $4,696 $401,096 $200,548 $200,548
2014 $4,562 $393,240 $196,620 $196,620
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81681282

MLSListings

APN: 026-29-035