$1,000,000
SOLD AUG 19, 2016
3 Beds
2.5 Baths
1,550 Sq Ft
958 Sq Ft Lot

Recently Sold

$645 Per Sq Ft

1% Above List Price

15 Days on Market

Highlights

  • Mountain View
  • Deck
  • Wood Flooring
  • George C. Payne Elementary School Rated A-
  • Contemporary Architecture
  • High Ceiling

About This Home

As of November 2020

Penny Lane, built in 2015, is a Townhome Community featuring modern architecture, open floor plans, high ceilings and unique, spacious, private rooftop decks with views...perfect for entertaining. This home features 3 bedrooms, plus a den on the 1st floor, 2.5 bathrooms, an open kitchen with an island and family room area, hardwood at the 2nd floor living areas, Viking gas range & stainless steel appliances. This community is close to great schools, vibrant "Downtown Campbell", and conveniently located for an easy commute. Penny Lane is near Safeway, Gold's Gym, Hash House Breakfast & Brunch Restaurant and the brand new Penny Lane Yogurt Shop. This home is better than new, because you can move in TODAY! Don't miss this opportunity!

Last Agent to Sell the Property

Joe Ventura

Corcoran Icon Properties License #02000227 Listed on: 07/17/2016

Corcoran Icon Properties

Last Buyer's Agent

Judi Matlack

KW Bay Area Estates License #01159697

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $18,217

Year Built

  • Built in 2015

Lot Details

  • Sprinklers on Timer
  • Grass Covered Lot

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Family or Dining Combination
  • Den
  • Mountain Views

Kitchen

  • Open to Family Room
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Home Security

Outdoor Features

  • Balcony
  • Deck
  • Barbecue Area

Utilities

  • Zoned Heating and Cooling System
  • Separate Meters
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 307-61-004

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include exterior painting, insurance - common area, insurance - hazard, insurance - structure, landscaping / gardening, maintenance - common area, management fee, reserves
  • 65 Units
  • Compass Management Association
  • Built by Penny Lane

Pet Policy

  • Limit on the number of pets

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$18,217

Year Built

Built in 2015

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Restrictions: Pets - Number Restrictions
  • Age: 1
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 65
  • Structure Sq Ft: 1550
  • Complex Name: Penny Lane
  • Incorporated: Yes
  • Year Built: 2015
  • Zoning Description: P-D
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area, Dining Area in Family Room, No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Island, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1550
  • Stories: 3
  • Security: Fire Alarm, Fire System - Sprinkler
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Den / Study / Office, Office Area
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tile, Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Flat / Low Pitch, Tar and Gravel
  • View: Mountains
  • Yard/Grounds: Balcony / Patio, BBQ Area, Deck, Low Maintenance, Sprinklers - Auto
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Common Parking Area, On Street, Parking Area

Utilities

  • Cooling System: Central AC
  • Heating System: Heating - 2+ Zones
  • Sewer/Septic System: Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 191
  • Association Fees Include: Exterior Painting, Insurance - Common Area, Insurance - Hazard, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Management Fee, Reserves
  • H O A Name Text: Compass Management
  • H O A Exist: Yes

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 Description: Views
  • Parcel Number: 307-61-004
  • Lot Acres: 0.0220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 971.39
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 971.39

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Campbell Union High
  • Elementary School Text: George C. Payne Elementary
  • High School Text: Prospect High
  • Middle School Text: Moreland Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 14, 2020
Sold by
Fetterman Kevin and The Kevin Fetterman Living Tru
Bought by
Yaffe Jonatan Leff
Seller's Agent
Alex McCluskey
Compass
Buyer's Agent
Erica Galles
Compass
List Price
$1,298,000
Sold Price
$1,305,000
Premium/Discount to List
$7,000
0.54%
Total Days on Market
15
Current Estimated Value
$1,577,252

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$272,252
Avg. Annual Appreciation
3.75%
Original Mortgage
$978,750
Outstanding Balance
$880,826
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$661,908

Purchase Details

Closed on
Jul 19, 2017
Sold by
Fetterman Kevin
Bought by
Fetterman Kevin and Kevin Fetterman Living Trust

Purchase Details

Listed on
Jul 17, 2016
Closed on
Aug 15, 2016
Sold by
Colombo William R and Colombo Marion C
Bought by
Fetterman Kevin
Seller's Agent
Joe Ventura
Corcoran Icon Properties
Buyer's Agent
Judi Matlack
KW Bay Area Estates
List Price
$985,888
Sold Price
$1,000,000
Premium/Discount to List
$14,112
1.43%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%
Original Mortgage
$450,000
Interest Rate
3.41%
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 Type Sale Price Title Company
Grant Deed $1,305,000 First American Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $1,000,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $978,750 New Conventional
Previous Owner $450,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/25/2020 11/25/20 Sold $1,305,000 +0.5% $841 / Sq Ft
10/31/2020 10/31/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $1,298,000 -0.5% $836 / Sq Ft
10/20/2020 10/20/20 Off Market $1,305,000 -- --
10/19/2020 10/19/20 For Sale $1,298,000 +29.8% $836 / Sq Ft
08/19/2016 08/19/16 Sold $1,000,000 +1.4% $645 / Sq Ft
08/01/2016 08/01/16 Pending -- -- --
07/17/2016 07/17/16 For Sale $985,888 -- $636 / 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 $18,217 $1,384,876 $692,438 $692,438
2023 $18,057 $1,357,722 $678,861 $678,861
2022 $17,808 $1,331,100 $665,550 $665,550
2021 $17,520 $1,305,000 $652,500 $652,500
2020 $14,284 $1,061,208 $530,604 $530,604
2019 $13,729 $1,040,400 $520,200 $520,200
2018 $13,350 $1,020,000 $510,000 $510,000
2017 $13,169 $1,000,000 $500,000 $500,000
2016 $8,819 $674,138 $404,485 $269,653
2015 $2,426 $136,394 $136,394 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81595441

MLSListings

APN: 307-61-004