$499,000
SOLD NOV 30, 2016
2 Beds
2 Baths
1,233 Sq Ft
1,133 Sq Ft Lot

Recently Sold

$405 Per Sq Ft

2% Below List Price

17 Days on Market

Highlights

  • Heated Pool
  • Corian Countertops
  • Bathtub with Shower
  • Solar Power System
  • Balcony
  • Forced Air Heating and Cooling System

About This Home

As of April 2021

Tastefully updated 2 bedroom 2 bath condo in highly desired complex located walking distance to Village Oaks Shopping center. The kitchen has been updated with new cabinets and corian counter tops. The large living room has new laminate flooring and a wood burning fireplace. Off the living room is a nice sized patio perfect for barbecuing or just enjoying the outdoors. The master bedroom is extra large with a new vanity in the master bath. Unit has indoor laundry which includes both washer and dryer.

Last Agent to Sell the Property

Lori Luchette

Coldwell Banker Realty License #01363983 Listed on: 10/12/2016

Coldwell Banker Realty

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,776

Year Built

  • Built in 1985

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,233 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Washer and Dryer

Kitchen

  • Built-In Oven
  • Electric Oven
  • Electric Cooktop
  • Range Hood
  • Dishwasher
  • Corian Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower

Parking

  • 1 Carport Space
  • On-Street Parking
  • Assigned Parking

Pool

  • Heated Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Cable TV Available

Additional Features

  • Solar Power System
  • Balcony

Listing and Financial Details

  • Assessor Parcel Number 692-29-035

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance, insurance - common area, insurance - hazard, management fee, reserves, roof, sewer
  • 465 Units
  • Terrace Villas Association
  • Built by Terrace Villas

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,776

Year Built

Built in 1985

Lot Details

0

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Number Restrictions
  • Age: 31
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 465
  • Structure Sq Ft: 1233
  • Complex Name: Terrace Villas
  • Incorporated: Yes
  • Year Built: 1985
  • Zoning Description: ADP
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Solid Surface / Corian, Dishwasher, Garbage Disposal, Hood Over Range, Oven Range - Built-In, Oven Range - Electric, Refrigerator
  • Living Sq Ft: 1233
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 2
  • Minimum Numberof Bedrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Granite, Shower and Tub
  • Fireplace: Yes

Exterior Features

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

Garage/Parking

  • Garage Parking Features: Assigned Spaces, Carport, On Street
  • Carport Min: 1

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 420
  • HOA Amenities: Community Pool
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance, Insurance - Common Area, Insurance - Hazard, Management Fee, Reserves, Roof, Sewer
  • H O A Name Text: Terrace Villas
  • H O A Exist: Yes

Schools

  • School District: East Side Union High

Lot Info

  • Parcel Number: 692-29-035
  • Lot Acres: 0.0260
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1150.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet, Thermostat Controller

Multi Family

  • Utilities: Public Utilities, Solar

MLS Schools

  • High School District Text: East Side Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2021
Closed on
Mar 31, 2021
Sold by
Oka Dan and Oka Nicole
Bought by
Truong Amanda
Seller's Agent
John Wunderlich
Wunderlich Realty
Buyer's Agent
James Pham
On Time Realty Corporation
List Price
$599,000
Sold Price
$618,000
Premium/Discount to List
$19,000
3.17%
Current Estimated Value
$717,775

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,775
Avg. Annual Appreciation
2.75%
Original Mortgage
$548,000
Outstanding Balance
$494,271
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$203,450

Purchase Details

Listed on
Apr 5, 2019
Closed on
Feb 3, 2020
Sold by
Sainagasubrainanian Nagaraj and Nagarajan Prathiba
Bought by
Oka Dan and Oka Nicole
Seller's Agent
Helen Burke
Intero Real Estate Services
Buyer's Agent
John Wunderlich
Wunderlich Realty
List Price
$599,950
Sold Price
$560,000
Premium/Discount to List
-$39,950
-6.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.95%
Original Mortgage
$420,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2016
Closed on
Nov 21, 2016
Sold by
Haynie Dorothy
Bought by
Sainagasubramanian Nagaraj and Nagarajan Prathiba
Seller's Agent
Lori Luchette
Coldwell Banker Realty
Buyer's Agent
RECIP
Out of Area Office
List Price
$510,000
Sold Price
$499,000
Premium/Discount to List
-$11,000
-2.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.68%
Original Mortgage
$74,845
Interest Rate
3.52%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2007
Sold by
Mekertichian Neli and Mekertichian Alen
Bought by
Haynie Dorothy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2005
Sold by
Patience Robert F
Bought by
Mekertichian Alen and Mekertichian Neli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,000
Interest Rate
5.65%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Sep 11, 2002
Sold by
Hong Sung Joon and Hong Sung Hee
Bought by
Patience Robert F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
6.37%

Purchase Details

Closed on
Apr 26, 1999
Sold by
Schmidt Leo M and Schmidt Margaret
Bought by
Hong Sung Joon and Hong Sung Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,800
Interest Rate
6.98%

Purchase Details

Closed on
Jul 24, 1997
Sold by
Renwick Doris Y and Renwick Mark A
Bought by
Schmidt Leo M and Schmidt Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.58%
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 Type Sale Price Title Company
Grant Deed $618,000 Old Republic Title Company
Grant Deed $560,000 Fidelity National Title Co
Grant Deed $499,000 Cornerstone Title Company
Grant Deed $365,000 Stewart Title Sc Title
Grant Deed $455,000 First American Title Company
Grant Deed $313,500 Old Republic Title Company
Grant Deed $206,000 Old Republic Title Company
Deed -- Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $548,000 New Conventional
Previous Owner $420,000 New Conventional
Previous Owner $74,845 Credit Line Revolving
Previous Owner $374,250 New Conventional
Previous Owner $340,000 Purchase Money Mortgage
Previous Owner $91,000 Stand Alone Second
Previous Owner $364,000 Balloon
Previous Owner $322,000 No Value Available
Previous Owner $164,800 No Value Available
Previous Owner $107,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $618,000 +3.2% $501 / Sq Ft
03/03/2021 03/03/21 Pending -- -- --
02/26/2021 02/26/21 For Sale $599,000 +7.0% $486 / Sq Ft
02/06/2020 02/06/20 Sold $560,000 -6.7% $454 / Sq Ft
01/06/2020 01/06/20 Pending -- -- --
01/01/2020 01/01/20 For Sale $599,950 +7.1% $487 / Sq Ft
01/01/2020 01/01/20 Off Market $560,000 -- --
05/02/2019 05/02/19 Price Changed $599,950 -1.6% $487 / Sq Ft
04/05/2019 04/05/19 For Sale $610,000 +22.2% $495 / Sq Ft
11/30/2016 11/30/16 Sold $499,000 -2.2% $405 / Sq Ft
10/30/2016 10/30/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $510,000 -- $414 / 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 $8,776 $668,940 $334,470 $334,470
2024 $8,776 $655,824 $327,912 $327,912
2023 $8,660 $642,966 $321,483 $321,483
2022 $8,627 $630,360 $315,180 $315,180
2021 $7,868 $565,800 $282,900 $282,900
2020 $7,355 $529,275 $264,558 $264,717
2019 $7,206 $518,898 $259,371 $259,527
2018 $7,172 $508,725 $254,286 $254,439
2017 $7,082 $498,750 $249,300 $249,450
2016 $6,144 $449,376 $224,688 $224,688
2015 $5,789 $426,000 $213,000 $213,000
2014 $4,997 $377,000 $188,500 $188,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81628128

MLSListings

APN: 692-29-035