NOT LISTED FOR SALE

501 Porpoise Bay Terrace Unit B Sunnyvale, CA 94089

Lakewood Neighborhood

Estimated Value: $1,369,000 - $1,439,286

3 Beds
2.5 Baths
2,013 Sq Ft
$696/Sq Ft Est. Value

Last Sold May 02, 2022

Last sale price $1,580,000 $785 Per Sq Ft

Est. 11% decrease in value since last sale

Current estimated payment $9,039/month

13 Days on Market

Highlights

  • Heated Pool and Spa
  • Open to Family Room
  • Guest Parking
  • Fremont High School Rated A
  • Community Playground
  • Forced Air Heating and Cooling System

About This Home

As of May 2022

One of the most serene communities in Tasman Crossing, Traditions is surrounded by soaring Redwoods & loads of greenery! Recently remodeled with brand new Kitchen, new bathroom, new floors & freshly painted! This Spacious 3 Bed / 2.5 Bath Townhome is located in a secluded cul-de-sac! Feels like a Single Family home, rare to have this much space in a townhome! Recessed lighting & tons of natural light shine through large windows & sliding doors! Living & Dining Rm combo w/fireplace. Family Rm off of NEW Gourmet Kitchen w/ SS Apps, quartz counters, ample cabinetry & breakfast bar! Oversized Owners suite w/ WIC, dual sinks & tub shower. Spacious 2nd & 3rd beds w/large closets. Extra Bonus Room, unique to the Traditions community, great for home office. Attached 2 Car garage! 2 Private Balconies! HOA includes: Community Pool & Spa, Water, Garbage, Earthquake Ins & more! Near Apple, Amazon, NetApp, Google & more! Short walk to 7Seas Park, VTA & Grocery! Near 101, 237, 85! Don't miss out!

Last Agent to Sell the Property

Rabia Alizai

Compass License #01911932 Listed on: 04/06/2022

Compass

Last Buyer's Agent

yiwen wu

Morgan Real Estate License #02140371

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $16,513

Year Built

  • Built in 1992

Lot Details

  • 849

Parking

  • 2 Car Garage
  • Guest Parking

Interior Spaces

  • 2,013 Sq Ft Home
  • 3-Story Property
  • Fireplace With Gas Starter
  • Combination Dining and Living Room
  • Open to Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Heated Pool and Spa
  • Heated In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Additional Features

  • 849 Sq Ft Lot
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 110-41-020

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, decks, exterior painting, garbage, insurance - earthquake, pool spa or tennis, reserves, roof, water
  • Realmanage HOA
  • Greenbelt

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$16,513

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Subclass: Townhouse
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 2013
  • Year Built: 1992
  • Zoning Description: M1
  • Special Features: None
  • Property Sub Type: Townhouses

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 2013
  • Stories: 3
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Pool Description: Pool - Fenced, Pool - Heated, Pool - In Ground, Pool / Spa Combo, Spa - In Ground, Spa - Jetted, Spa / Hot Tub
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 30
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 554
  • HOA Amenities: Community Pool, Garden / Greenbelt / Trails, Playground
  • Association Fees Include: Common Area Electricity, Common Area Gas, Decks, Exterior Painting, Garbage, Insurance - Earthquake, Pool, Spa, or Tennis, Reserves, Roof, Water
  • H O A Name Text: RealManage HOA
  • H O A Exist: Yes

Schools

  • School District: Fremont Union High

Lot Info

  • Parcel Number: 110-41-020
  • Lot Acres: 0.0195
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 849.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 849.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Jun 17, 2022
Sold by
Yuming Cheng
Bought by
Cheng Yuming and Zhang Qian
Seller's Agent
Rabia Alizai
Compass
Buyer's Agent
yiwen wu
Morgan Real Estate
List Price
$1,399,000
Sold Price
$1,580,000
Premium/Discount to List
$181,000
12.94%
Current Estimated Value
$1,399,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$180,394
Avg. Annual Appreciation
-3.60%
Original Mortgage
$647,000
Outstanding Balance
$619,858
Interest Rate
5.25%
Mortgage Type
Balloon
Estimated Equity
$781,464

Purchase Details

Closed on
Jul 29, 2021
Sold by
Santhanam Selvakurnaran and Palani Revathi Kodhanda
Bought by
Santhanam Selvakurnaran and Palani Revathi Kodhanda

Purchase Details

Closed on
Jan 23, 2021
Sold by
Santhanam Selvakumaran and Palani Revathi Kodhanda
Bought by
Santhanam Selvakumaran and Palani Revathi Kodhanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 23, 2020
Sold by
Santhanam Selvakumaran and Palani Revathi Kodhanda
Bought by
Selvakumaran Family Revocable Trust and Santhanam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2015
Sold by
Santhanam Selvakumaran and Palani Revathi Kodhanda
Bought by
The Selvakumaran Family Revocable Trust

Purchase Details

Closed on
Jun 11, 2007
Sold by
Wingert Barbara S
Bought by
Santhanam Selvakumaran and Palani Revathi Kodhanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$566,400
Interest Rate
6.37%
Mortgage Type
VA
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
Cheng Yuming -- New Title Company Name
Santhanam Selvakurnaran -- Amrock Llc
Santhanam Selvakumaran -- Amrock Llc
Selvakumaran Family Revocable Trust -- Amrock
Santhanam Selvakumaran -- Amrock
The Selvakumaran Family Revocable Trust -- None Available
Santhanam Selvakumaran $708,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Yuming $647,000
Previous Owner Santhanam Selvakumaran $434,000
Previous Owner Santhanam Selvakumaran $437,000
Previous Owner Santhanam Selvakumaran $566,400
Previous Owner Santhanam Selvakumaran $106,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2022 05/02/22 Sold $1,580,000 +12.9% $785 / Sq Ft
04/20/2022 04/20/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $1,399,000 -- $695 / 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
2024 $16,513 $1,420,000 $710,000 $710,000
2023 $16,513 $1,400,000 $700,000 $700,000
2022 $10,678 $893,848 $446,924 $446,924
2021 $10,578 $876,322 $438,161 $438,161
2020 $10,445 $867,338 $433,669 $433,669
2019 $10,213 $850,332 $425,166 $425,166
2018 $10,011 $833,660 $416,830 $416,830
2017 $9,883 $817,314 $408,657 $408,657
2016 $9,501 $801,290 $400,645 $400,645
2015 $9,557 $789,254 $394,627 $394,627
2014 -- $773,794 $386,897 $386,897
Source: Public Records

Agents Affiliated with this Home

  • Rabia Alizai

    Seller's Agent in 2022

    Rabia Alizai

    Compass

    (408) 393-7679

    59 in this area

    253 Total Sales

    Section Image
  • yiwen wu

    Buyer's Agent in 2022

    yiwen wu

    Morgan Real Estate

    (858) 381-7677

    1 in this area

    22 Total Sales

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Map

Source: MLSListings

MLS Number: ML81885610

MLSListings

APN: 110-41-020

California Santa Clara County Sunnyvale 94089 Lakewood

501 Porpoise Bay Terrace Unit B, Sunnyvale, CA

This home is located at 501 Porpoise Bay Terrace Unit B, Sunnyvale, CA 94089 since 06 April 2022 and is currently estimated at $1,401,322, approximately $696 per square foot. This property was built in 1992. 501 Porpoise Bay Terrace Unit B is a home located in Santa Clara County with nearby schools including Lakewood Elementary School, Columbia Middle School, and Fremont High School.

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