NOT LISTED FOR SALE

445 Alegra Terrace Milpitas, CA 95035

Estimated Value: $1,135,000 - $1,462,000

3 Beds
2.5 Baths
1,547 Sq Ft
$798/Sq Ft Est. Value

Last Sold November 22, 2016

Last sale price $790,000 $511 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $7,334/month

32 Days on Market

Highlights

  • Heated Pool
  • Sauna
  • Balcony
  • Marshall Pomeroy Elementary School Rated A
  • Granite Countertops
  • 4-minute walk to Dixon Landing Park

About This Home

As of November 2016

This beautiful, inviting townhome offers contemporary space and design with the warmth of the highly sought-after California Landing neighborhood. This corner unit home boasts an open, airy tri-level floorplan featuring hardwood floors throughout, designer fireplace upgrade, and high ceiling in the living room with many windows that have beautiful tree views. Tons of living space including separate living, family and dining rooms. Stainless steel appliances and designer tile backdrop in kitchen and bathrooms. Relaxing master bedroom with en-suite bathroom. Attached spacious 2 car garage with washer/dryer, extra storage, and plenty of common area parking. Resort-like setting with great amenities such as community pool, spa, and playground. Excellent Location: Walk to Dixon Landing Park, bike trail, playground, baseball field & tennis courts. Centrally located close to 880 and 237 freeways, major tech companies, new restaurants, the Great Mall, and parks.

Last Agent to Sell the Property

Mi Young Lee

Keller Williams Palo Alto License #01917059 Listed on: 09/07/2016

Keller Williams Palo Alto

Last Buyer's Agent

Suresh Nallapati

Maxreal Property License #01928790

Maxreal Property

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,498

Year Built

  • Built in 1992

Lot Details

  • 958

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,547 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Separate Family Room
  • Dining Area
  • Washer and Dryer

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Heated Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Community Sewer or Septic

Additional Features

  • Balcony
  • 958 Sq Ft Lot

Listing and Financial Details

  • Assessor Parcel Number 022-47-022

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, exterior painting, landscaping / gardening, maintenance - common area, pool spa or tennis, roof, unit coverage insurance
  • Common Interest Management Association
  • Built by California Landing Villas

Amenities

  • Sauna
  • Common Utility Room

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,498

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Listing Class: Residential
  • Structure Sq Ft: 1547
  • Complex Name: California Landing Villas
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1547
  • Stories: 3
  • Laundry: Washer / Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Heated, Spa / Hot Tub
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 165
  • HOA Amenities: Common Utility Room, Community Pool, Sauna / Spa / Hot Tub
  • Association Fees Include: Common Area Electricity, Common Area Gas, Exterior Painting, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Roof, Unit Coverage Insurance
  • H O A Name Text: Common Interest Management
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 022-47-022
  • Lot Acres: 0.0220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 938.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 938.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Nov 2, 2016
Sold by
Woo Myong Shin and Kim Sungkook
Bought by
Panuganti Shashanka and Gulkotwar Sarita
Seller's Agent
Mi Young Lee
Keller Williams Palo Alto
Buyer's Agent
Suresh Nallapati
Maxreal Property
List Price
$799,000
Sold Price
$790,000
Premium/Discount to List
-$9,000
-1.13%
Current Estimated Value
$1,234,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$444,072
Avg. Annual Appreciation
5.12%
Original Mortgage
$632,000
Outstanding Balance
$507,386
Interest Rate
3.42%
Mortgage Type
New Conventional
Estimated Equity
$726,686

Purchase Details

Closed on
Feb 18, 2014
Sold by
Everlasting Private Foundation
Bought by
Michael Y J Chan Trust and Kim Sungkook

Purchase Details

Closed on
Apr 25, 2008
Sold by
Chen Min Hao and Sun Jennifer Y
Bought by
Everlasting Private Foundation

Purchase Details

Closed on
May 13, 2004
Sold by
Takeshita Randell K and Takeshita Audrey K
Bought by
Chen Min Hao and Sun Jennifer Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 30, 1998
Sold by
Takeshita Randell K and Takeshita Audrey K
Bought by
Takeshita Randell K and Takeshita Audrey K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,000
Interest Rate
6.69%
Source: Public Records

Range of Values:

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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
Panuganti Shashanka $790,000 Chicago Title Company
Michael Y J Chan Trust $580,000 Chicago Title Company
Everlasting Private Foundation $580,000 Chicago Title Co
Chen Min Hao $490,000 Old Republic Title Company
Takeshita Randell K -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Panuganti Shashanka $632,000
Previous Owner Chen Min Hao $392,000
Previous Owner Takeshita Randell K $184,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/22/2016 11/22/16 Sold $790,000 -1.1% $511 / Sq Ft
10/10/2016 10/10/16 Pending -- -- --
09/07/2016 09/07/16 For Sale $799,000 -- $516 / 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 $10,498 $916,856 $458,428 $458,428
2024 $10,498 $898,880 $449,440 $449,440
2023 $10,467 $881,256 $440,628 $440,628
2022 $10,426 $863,978 $431,989 $431,989
2021 $10,277 $847,038 $423,519 $423,519
2020 $10,098 $838,354 $419,177 $419,177
2019 $9,983 $821,916 $410,958 $410,958
2018 $9,479 $805,800 $402,900 $402,900
2017 $9,358 $790,000 $395,000 $395,000
2016 $7,012 $600,608 $300,304 $300,304
2015 $6,942 $591,588 $295,794 $295,794
2014 $6,755 $579,999 $290,000 $289,999
Source: Public Records

Agents Affiliated with this Home

  • Mi Young Lee

    Seller's Agent in 2016

    Mi Young Lee

    Keller Williams Palo Alto

    (650) 468-0607

    1 Total Sale

    Mi Young Lee
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Map

Source: MLSListings

MLS Number: ML81613330

MLSListings

APN: 022-47-022

California Santa Clara County Milpitas 95035

445 Alegra Terrace, Milpitas, CA

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