NOT LISTED FOR SALE

551 Mill River Ln San Jose, CA 95134

Estimated Value: $1,416,000 - $1,587,000

3 Beds
2.5 Baths
1,887 Sq Ft
$797/Sq Ft Est. Value

Last Sold April 22, 2021

Last sale price $1,351,000 $716 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $9,912/month

5 Days on Market

Highlights

  • Private Pool
  • Primary Bedroom Suite
  • Jetted Tub in Primary Bathroom
  • Montague Elementary School Rated A-
  • Wood Flooring
  • High Ceiling

About This Home

As of April 2021

Beautifully maintained Tri-Level Townhome in the highly desirable Mill Brook community. Formal living room with high ceiling, fireplace and sliding doors to a lovely patio. Formal dining room. Kitchen with granite counter tops and SS appliances. Family room off the kitchen with wood floor. Fine plantation shutters throughout. Master suite with a huge walk-in closet and dual sinks. Large tub with jets and separate enclosed shower. Oversize two car attached garage provides extra storage. Close to the community pool and walking trails. Convenient location - close to many high tech companies. Easy access to parks, restaurants and shopping!

Last Agent to Sell the Property

Wendy Wu

Coldwell Banker Realty License #00922266 Listed on: 03/16/2021

Coldwell Banker Realty

Last Buyer's Agent

Michelle Yang

Legend Realty & Finance Group License #02013060

Legend Realty & Finance Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $17,738

Year Built

  • 1991

Lot Details

  • 1,250

HOA Fees

  • $420 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,887 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

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

Additional Features

  • Private Pool
  • 1,250 Sq Ft Lot
  • Forced Air Heating and Cooling System

Community Details

Overview

  • Association fees include insurance - liability, landscaping / gardening, maintenance - common area, management fee, pool spa or tennis, reserves
  • Associa Northern California Los Gatos Association

Recreation

  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$17,738

Year Built

1991

Lot Details

0

HOA Fees

$420 per month

Parking

2

Listing Details

  • Zoning: A(PD)
  • Subclass: Townhouse
  • Restrictions: Age - No Restrictions
  • Age: 30
  • Listing Class: Residential
  • Structure Sq Ft: 1887
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 1991

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1887
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-In Closet
  • Laundry: In Garage
  • Flooring: Carpet, Tile, Wood
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite, Primary - Stall Shower(s), Primary - Tub With Jets, Shower Over Tub - 1, Tile

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Yes
  • Roof: Tile
  • Pool: Community Facility

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 420
  • HOA Amenities: Community Pool
  • HOA Documents: Articles Of Incorporation, Budget, Bylaws, Cc&rs, Financial Statement
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Liability, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Pool, Spa, Or Tennis, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Associa Northern California - Los Gatos

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • School District: Santa Clara Unified

Lot Info

  • Lot Acres: 0.0287
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1252.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1252.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2021
Closed on
Apr 15, 2021
Sold by
Matheson Erik R
Bought by
Li Yinglong
Seller's Agent
Wendy Wu
Coldwell Banker Realty
Buyer's Agent
Michelle Yang
Legend Realty & Finance Group
List Price
$1,188,000
Sold Price
$1,351,000
Premium/Discount to List
$163,000
13.72%
Current Estimated Value
$1,504,182

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,182
Avg. Annual Appreciation
2.05%
Original Mortgage
$780,000
Outstanding Balance
$707,834
Interest Rate
3.05%
Mortgage Type
New Conventional
Estimated Equity
$769,727

Purchase Details

Listed on
Jan 8, 2014
Closed on
Feb 3, 2014
Sold by
Bhargava Nitin and Bhargava Shuchi
Bought by
Matheson Erik R
Seller's Agent
John Chess
Intero Real Estate Services
Buyer's Agent
Bonnie Kehl
Coldwell Banker Realty
List Price
$699,000
Sold Price
$730,000
Premium/Discount to List
$31,000
4.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.91%
Original Mortgage
$584,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 14, 2007
Sold by
Ravela Satish C
Bought by
Bhargava Nitin and Bhargava Shuchi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$390,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2004
Sold by
Ravela Sireesha
Bought by
Ravela Satish C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,600
Interest Rate
3.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2001
Sold by
George John E
Bought by
George John E and Santos George Barbara

Purchase Details

Closed on
Nov 23, 1996
Sold by
William Bobo Benjamin
Bought by
George John E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,400
Interest Rate
7.62%

Purchase Details

Closed on
Jul 7, 1995
Sold by
Mcmullen Jeffrey and Mcmullen Sharon
Bought by
Bobo Benjamin William

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$219,200
Interest Rate
7.9%
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 Buyer Sale Price Title Company
Li Yinglong $1,351,000 First American Title Company
Matheson Erik R $730,000 Chicago Title Company
Bhargava Nitin $685,000 North American Title Company
Ravela Satish C -- Old Republic Title Company
Ravela Satish C $532,000 Old Republic Title Company
George John E -- --
George John E $303,000 Chicago Title Company
Bobo Benjamin William $274,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Yinglong $780,000
Previous Owner Matheson Erik R $510,000
Previous Owner Matheson Erik R $566,113
Previous Owner Matheson Erik R $584,000
Previous Owner Bhargava Nitin $341,000
Previous Owner Bhargava Nitin $345,000
Previous Owner Bhargava Nitin $348,000
Previous Owner Bhargava Nitin $380,000
Previous Owner Bhargava Nitin $390,000
Previous Owner Ravela Satish C $100,000
Previous Owner Ravela Satish C $425,600
Previous Owner George John E $290,247
Previous Owner George John E $295,524
Previous Owner George John E $300,700
Previous Owner George John E $300,700
Previous Owner George John E $96,000
Previous Owner George John E $242,400
Previous Owner Bobo Benjamin William $219,200
Closed George John E $30,300
Closed Ravela Satish C $53,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $1,351,000 +13.7% $716 / Sq Ft
03/22/2021 03/22/21 Pending -- -- --
03/16/2021 03/16/21 For Sale $1,188,000 +62.7% $630 / Sq Ft
02/07/2014 02/07/14 Sold $730,000 +4.4% $387 / Sq Ft
01/17/2014 01/17/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $699,000 -- $370 / 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 $17,738 $1,462,362 $731,181 $731,181
2024 $17,738 $1,433,690 $716,845 $716,845
2023 $17,529 $1,405,580 $702,790 $702,790
2022 $17,275 $1,378,020 $689,010 $689,010
2021 $10,728 $826,724 $413,362 $413,362
2020 $10,519 $818,248 $409,124 $409,124
2019 $10,521 $802,204 $401,102 $401,102
2018 $9,830 $786,476 $393,238 $393,238
2017 $9,784 $771,056 $385,528 $385,528
2016 $9,578 $755,938 $377,969 $377,969
2015 $9,529 $744,584 $372,292 $372,292
2014 $9,102 $729,999 $319,700 $410,299
Source: Public Records

Agents Affiliated with this Home

  • Wendy Wu

    Seller's Agent in 2021

    Wendy Wu

    Coldwell Banker Realty

    (408) 857-2430

    1 in this area

    23 Total Sales

    Wendy Wu
    Section Image

  • M

    Buyer's Agent in 2021

    Michelle Yang

    Legend Realty & Finance Group

    Section Image

  • J

    Seller's Agent in 2014

    John Chess

    Intero Real Estate Services

    Section Image
  • Bonnie Kehl

    Buyer's Agent in 2014

    Bonnie Kehl

    Coldwell Banker Realty

    (408) 605-0236

    7 Total Sales

    Bonnie Kehl
    Section Image
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Map

Source: MLSListings

MLS Number: ML81834268

MLSListings

APN: 097-64-086

California Santa Clara County San Jose 95134

551 Mill River Ln, San Jose, CA

This home is located at 551 Mill River Ln, San Jose, CA 95134 since 16 March 2021 and is currently estimated at $1,504,182, approximately $797 per square foot. This property was built in 1991. 551 Mill River Ln is a home located in Santa Clara County with nearby schools including Montague Elementary School, Buchser Middle School, and Santa Clara High School.

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