NOT LISTED FOR SALE

622 Arbor Way Milpitas, CA 95035

Estimated Value: $704,832 - $972,000

2 Beds
2 Baths
924 Sq Ft
2,047 Sq Ft Lot

Last Sold January 26, 2016

Last sale price $540,000 $584 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $4,634/month

8 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Solid Surface Bathroom Countertops
  • Marshall Pomeroy Elementary School Rated A
  • Vaulted Ceiling
  • Sauna

About This Home

As of January 2016

Ready to move into Condo. New interior paint, new laminate flooring, new kitchen counter and sink and faucet. LIving rm vaulted ceiling, fireplace, dining area, kitchen with stainless steel appliances. 2 spacious bedrooms, inside laudry with washer & dryer. 1 car detached garage, and 1 assigned car space.

Last Agent to Sell the Property

Surinder Gill

Compass License #01317808 Listed on: 12/04/2015

Compass

Last Buyer's Agent

Mike Jafarkhani

Open Doors Unlimited

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 2,047

Parking

  • 1 Car Detached Garage
  • 1 Carport Space

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 924 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Dining Area
  • Washer and Dryer

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower

Additional Features

  • Private Pool
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 026-29-022

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include garbage, insurance - common area, landscaping / gardening, maintenance - common area, pool spa or tennis, reserves, roof
  • Massingham Association
  • Built by Fountain Square

Amenities

  • Sauna

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 924
  • Complex Name: Fountain Square
  • Incorporated: Yes
  • Year Built: 1992
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Microwave, Oven Range - Electric
  • Living Sq Ft: 924
  • Stories: 2
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower and Tub, Solid Surface
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Garage Parking Features: Carport, Detached Garage
  • Carport Min: 1

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 310
  • HOA Amenities: Community Pool, Sauna / Spa / Hot Tub
  • Association Fees Include: Garbage, Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Massingham
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Lot Info

  • Parcel Number: 026-29-022
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2041.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2041.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2015
Closed on
Jan 12, 2016
Sold by
Guha Anirban
Bought by
Khatri Vinay M and Khatri Darshani
Seller's Agent
Surinder Gill
Compass
Buyer's Agent
Mike Jafarkhani
Open Doors Unlimited
List Price
$530,000
Sold Price
$540,000
Premium/Discount to List
$10,000
1.89%
Current Estimated Value
$775,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$235,208
Avg. Annual Appreciation
3.68%
Original Mortgage
$432,000
Outstanding Balance
$343,128
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$432,080

Purchase Details

Closed on
Dec 24, 2009
Sold by
Parks Dale Arlene and Smith Dana J
Bought by
Guha Anirban

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,204
Interest Rate
4.78%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 22, 2003
Sold by
Parks Dale Arlene
Bought by
Parks Dale Arlene and Parks Dana J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.93%

Purchase Details

Closed on
Dec 20, 1993
Sold by
Wilson Development Inc
Bought by
Parks Dale Arlene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,300
Interest Rate
7.2%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khatri Vinay M $540,000 Old Republic Title Company
Guha Anirban $320,000 Old Republic Title Company
Smith Dana J -- Old Republic Title Company
Parks Dale Arlene $132,000 First American Title Company
Parks Dale Arlene $156,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khatri Vinay M $432,000
Previous Owner Guha Anirban $314,204
Previous Owner Parks Dale Arlene $264,000
Previous Owner Parks Dale Arlene $117,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2016 01/26/16 Sold $540,000 +1.9% $584 / Sq Ft
12/13/2015 12/13/15 Pending -- -- --
12/04/2015 12/04/15 For Sale $530,000 -- $574 / 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 $7,309 $639,244 $319,622 $319,622
2024 $7,309 $626,710 $313,355 $313,355
2023 $7,285 $614,422 $307,211 $307,211
2022 $7,257 $602,376 $301,188 $301,188
2021 $7,152 $590,566 $295,283 $295,283
2020 $7,028 $584,512 $292,256 $292,256
2019 $6,947 $573,052 $286,526 $286,526
2018 $6,598 $561,816 $280,908 $280,908
2017 $6,513 $550,800 $275,400 $275,400
2016 $4,164 $348,924 $174,462 $174,462
2015 $4,123 $343,684 $171,842 $171,842
2014 $4,004 $336,952 $168,476 $168,476
Source: Public Records

Agents Affiliated with this Home

  • Surinder Gill

    Seller's Agent in 2016

    Surinder Gill

    Compass

    (510) 209-1481

    3 in this area

    119 Total Sales

    Surinder Gill
    Section Image

  • M

    Buyer's Agent in 2016

    Mike Jafarkhani

    Open Doors Unlimited

  • S

    Buyer's Agent in 2016

    Sandy Jamison

    Tuscana Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81534351

MLSListings

APN: 026-29-022

California Santa Clara County Milpitas 95035

622 Arbor Way, Milpitas, CA

Not Listed for Sale

Condos

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