NOT LISTED FOR SALE

Estimated Value: $1,478,000 - $1,654,000

3 Beds
2.5 Baths
1,552 Sq Ft
$1,033/Sq Ft Est. Value

Last Sold July 22, 2022

Last sale price $1,550,000 $999 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,894/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Wood Flooring
  • George C. Payne Elementary School Rated A-
  • Deck
  • Modern Architecture

About This Home

As of July 2022

Modern, Contemporary Townhome with a Private Rooftop Deck (another 349SF of outdoor living) in a charming neighborhood! Built just over 6 years ago, this stylish townhome boasts a bright, open-floor plan with high ceilings and oversized windows. The gourmet island-kitchen is ideal for friends and family to gather round. A ground floor den makes a private home office or guest room. Primary suite with a spa-like bath, two additional bedrooms and full bath are conveniently located on the third floor. Smart features galore-- dual-zone HVAC, NEST thermostats, EV pre-wire, TV connectivity and gas hookup on the deck & more. Design-forward, high-level construction by award-winning builder Robson Homes, within a small, walkable neighborhood. Moreland school district! Walk to Payne Elementary, restaurants and coffee. Downtown Campbell, Santana Row and Farmers' Market are just minutes away. Easy access to many Silicon Valley employers including Apple, Netflix, Adobe & future Google village.

Last Agent to Sell the Property

Carolyn Bird

Coldwell Banker Realty License #01836695 Listed on: 06/15/2022

Coldwell Banker Realty

Last Buyer's Agent

Ramesh Macharla

New Century Executive, Inc. License #02074006

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $20,557

Year Built

  • 2015

Lot Details

  • 980 Sq Ft Lot
  • West Facing Home
  • Grass Covered Lot

HOA Fees

  • $217 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Electric Vehicle Home Charger
  • Guest Parking

Property Views

  • City Lights
  • Mountain
  • Neighborhood

Home Design

  • Modern Architecture
  • Mediterranean Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction
  • Stucco

Interior Spaces

  • 1,552 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Great Room
  • Combination Dining and Living Room
  • Den
  • Smart Home

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Stone Countertops In Bathroom
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry on upper level
  • Washer and Dryer

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter
  • Tankless Water Heater
  • Water Softener is Owned

Community Details

Overview

  • Association fees include common area electricity, exterior painting, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, reserves
  • 65 Units
  • Penny Lane Condominiums Association
  • Greenbelt

Pet Policy

  • Pets Allowed

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$20,557

Year Built

2015

Lot Details

0

HOA Fees

$217 per month

Parking

2

Listing Details

  • Zoning: P-D
  • Subclass: Townhouse
  • Style: Mediterranean, Modern / High Tech
  • Restrictions: Pets - Allowed
  • Age: 7
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 65
  • Structure Sq Ft: 1552
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2015

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Dining Area In Living Room, Eat In Kitchen
  • Kitchen: Countertop - Quartz, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven Range - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1552
  • Stories: 3
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: Upper Floor, Washer / Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Den / Study / Office, Great Room, Office Area
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower Over Tub - 1, Stone, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch
  • View: City Lights, Mountains, Neighborhood
  • Yard/Grounds: Balcony / Patio, Deck, Low Maintenance
  • Property Faces: West
  • Construction Type: Stucco, Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Electric Car Hookup, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Penny Lane
  • HOA Fees: 217
  • HOA Amenities: Garden / Greenbelt / Trails
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Minutes
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Penny Lane Condominiums Association

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Campbell Union High
  • Elementary School: George C. Payne Elementary
  • Middle School: Moreland Middle
  • High School: Prospect High
  • High School: 241
  • Elementary School: 158
  • Middle School: 35652

Lot Info

  • Lot Acres: 0.0225
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 978.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 978.00

Green Features

  • Energy Features: Double Pane Windows, Smart Home System, Tankless Water Heater

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2022
Closed on
Jul 13, 2022
Sold by
Ranck Family Revocable Trust
Bought by
Uppu Ravi Tej and Pati Harshitha
Seller's Agent
Carolyn Bird
Coldwell Banker Realty
Buyer's Agent
Ramesh Macharla
New Century Executive, Inc.
List Price
$1,498,000
Sold Price
$1,550,000
Premium/Discount to List
$52,000
3.47%
Total Days on Market
8
Current Estimated Value
$1,602,984

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,984
Avg. Annual Appreciation
0.42%
Original Mortgage
$1,240,000
Outstanding Balance
$1,180,308
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$388,723

Purchase Details

Closed on
Dec 7, 2017
Sold by
Ranck Andrew Robert and Ranck Chiwei Yung
Bought by
Ranck Andrew Robert and Ranck Chiwei Yung

Purchase Details

Closed on
Oct 31, 2015
Sold by
Penny Lane Housing Llc
Bought by
Ranck Chiwei Y and Ranck Andrew R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$764,000
Interest Rate
3.8%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Uppu Ravi Tej $1,550,000 Cornerstone Title
Ranck Andrew Robert -- None Available
Ranck Chiwei Y $955,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Uppu Ravi Tej $1,240,000
Previous Owner Ranck Chiwei Y $764,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2022 07/22/22 Sold $1,550,000 +3.5% $999 / Sq Ft
06/23/2022 06/23/22 Pending -- -- --
06/15/2022 06/15/22 For Sale $1,498,000 -- $965 / 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 $20,557 $1,581,000 $790,500 $790,500
2023 $20,391 $1,550,000 $775,000 $775,000
2022 $14,470 $1,065,316 $532,658 $532,658
2021 $14,231 $1,044,428 $522,214 $522,214
2020 $13,940 $1,033,720 $516,860 $516,860
2019 $13,399 $1,013,452 $506,726 $506,726
2018 $12,944 $993,582 $496,791 $496,791
2017 $12,766 $974,100 $487,050 $487,050
2016 $12,048 $955,000 $477,500 $477,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81895044

MLSListings

APN: 307-61-051