NOT LISTED FOR SALE

470 Cascadita Terrace Milpitas, CA 95035

Estimated Value: $538,000 - $949,000

2 Beds
2.5 Baths
1,165 Sq Ft
$718/Sq Ft Est. Value

Last Sold March 04, 2014

Last sale price $505,000 $433 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,975/month

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • Clubhouse
  • Wood Flooring
  • Marshall Pomeroy Elementary School Rated A
  • Contemporary Architecture
  • 5-minute walk to Dixon Landing Park

About This Home

As of March 2014

Beautiful 2 bed/2.5 bath & [bonus room] townhome with a functional floor plan and contemporary design. Located in the heart of Silicon Valley, house is located at close proximity to Great Mall and major Hi Tech companies. At an extremely low HOA ($ 153.00) the community offers a very private neighborhood, Giant Pool, SPA, Children’s Play Area, Tennis Court, Barbecue Area and Green Belt/Trails.

Last Agent to Sell the Property

Syed Baqar

Maxreal License #01465021 Listed on: 01/20/2014

Maxreal

Last Buyer's Agent

Syed Baqar

Maxreal License #01465021 Listed on: 01/20/2014

Maxreal

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,162

Year Built

  • Built in 1992

Lot Details

  • 566

Parking

  • 1 Car Attached Garage
  • Guest Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,165 Sq Ft Home
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Living Room with Fireplace
  • Open Floorplan
  • Wood Flooring

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Additional Features

  • Ground Level Unit
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 022-47-002

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include landscaping / gardening, pool spa or tennis, management fee, reserves, roof, sewer, maintenance - unit yard, common area electricity, exterior painting, fencing, insurance - common area
  • California Landing Villas Association
  • Greenbelt

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Tennis Courts
  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,162

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Subclass: Townhouse
  • Style: Contemporary
  • Sale Price Per Sq Ft: 433.48
  • Level Street Main: 2 or more Primary Suites
  • Listing Class: Residential
  • Structure Sq Ft: 1165
  • 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

  • Fireplace: Living Room, Yes, Gas Starter
  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave
  • Living Sq Ft: 1165
  • Bedrooms: Primary Suite / Retreate - 2+
  • Laundry: In Garage, Gas Hookup
  • Flooring: Wood
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Bathroom: Tubs - 2+, Stall Shower - 2+

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 153
  • HOA Amenities: Playground, Club House, Garden / Greenbelt / Trails, Community Pool, BBQ Area, Sauna / Spa / Hot Tub, Tennis Court / Facility
  • HOA Documents: Articles of Incorporation, Assoc. Membership Pre-approval Reqd, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Sewer, Maintenance - Unit Yard, Common Area Electricity, Exterior Painting, Fencing, Insurance - Common Area
  • H O A Name Text: California Landing Villas Association
  • Levels In Unit: 3
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 022-47-002
  • List Price per Sq Ft: 424.89
  • 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: Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 3
  • Minimum Building Height: 1
  • Unit Features: Ground Floor

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
Aug 17, 2020
Sold by
Farhoodfar Arash
Bought by
Farhoodfar Arash
Current Estimated Value
$836,323

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$394,500
Outstanding Balance
$349,297
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$487,026

Purchase Details

Listed on
Jan 20, 2014
Closed on
Feb 28, 2014
Sold by
Ho Sharon and Ranjan Vivek
Bought by
Farhoodfar Arash
Seller's Agent
Syed Baqar
Maxreal
Buyer's Agent
Syed Baqar
Maxreal
List Price
$525,000
Sold Price
$505,000
Premium/Discount to List
-$20,000
-3.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.43%
Original Mortgage
$454,500
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 24, 2013
Sold by
Ho Sharon and Ho Sharon P
Bought by
Ho Sharon

Purchase Details

Closed on
Apr 20, 2007
Sold by
Babcock Robert L
Bought by
Ho Sharon P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 12, 2001
Sold by
Chen Longjun and Shi Liping
Bought by
Babcock Robert L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.5%

Purchase Details

Closed on
Oct 16, 2001
Sold by
Chen Longjun
Bought by
Chen Longjun and Shi Liping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
5.5%

Purchase Details

Closed on
May 9, 2000
Sold by
Jiang Charles J
Bought by
Chen Longjun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,600
Interest Rate
7.87%

Purchase Details

Closed on
Oct 21, 1996
Sold by
Ogata Cabello Nina M
Bought by
Jiang Charles J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
7.25%
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
Farhoodfar Arash -- Chicago Title
Farhoodfar Arash $505,000 Fidelity National Title Co
Ho Sharon -- Fidelity National Title Co
Ho Sharon -- Fidelity National Title Co
Ho Sharon -- None Available
Ho Sharon P $532,500 Stewart Title
Babcock Robert L -- Stewart Title
Babcock Robert L $340,000 American Title Co
Chen Longjun -- American Title Co
Chen Longjun $364,500 Alliance Title Company
Chen Longjun -- Alliance Title Company
Jiang Charles J $192,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Farhoodfar Arash $394,500
Previous Owner Farhoodfar Arash $454,500
Previous Owner Ho Sharon P $280,000
Previous Owner Babcock Robert L $272,000
Previous Owner Chen Longjun $288,600
Previous Owner Chen Longjun $291,600
Previous Owner Jiang Charles J $172,000
Closed Babcock Robert L $51,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/04/2014 03/04/14 Sold $505,000 +2.0% $433 / Sq Ft
02/13/2014 02/13/14 Pending -- -- --
02/07/2014 02/07/14 Price Changed $495,000 -5.7% $425 / Sq Ft
01/20/2014 01/20/14 For Sale $525,000 -- $451 / 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 $7,162 $619,052 $309,526 $309,526
2024 $7,162 $606,914 $303,457 $303,457
2023 $7,140 $595,014 $297,507 $297,507
2022 $7,115 $583,348 $291,674 $291,674
2021 $7,014 $571,910 $285,955 $285,955
2020 $6,892 $566,046 $283,023 $283,023
2019 $6,815 $554,948 $277,474 $277,474
2018 $6,474 $544,068 $272,034 $272,034
2017 $6,392 $533,400 $266,700 $266,700
2016 $6,133 $522,942 $261,471 $261,471
2015 $6,072 $515,088 $257,544 $257,544
2014 $5,906 $504,999 $252,500 $252,499
Source: Public Records

Agents Affiliated with this Home

  • Syed Baqar

    Seller's Agent in 2014

    Syed Baqar

    Maxreal

    (408) 679-3812

    1 in this area

    15 Total Sales

    Syed Baqar
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Map

Source: MLSListings

MLS Number: ML81401814

MLSListings

APN: 022-47-002

California Santa Clara County Milpitas 95035

470 Cascadita Terrace, Milpitas, CA

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