NOT LISTED FOR SALE

622 Barcelona Loop Milpitas, CA 95035

Estimated Value: $1,351,000 - $1,434,000

4 Beds
3.5 Baths
1,860 Sq Ft
$303/mo HOA Fee

Last Sold November 27, 2018

Last sale price $1,030,000 $554 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $9,068/month

16 Days on Market

Highlights

  • Contemporary Architecture
  • Bonus Room
  • Granite Countertops
  • Mabel Mattos Elementary School Rated A
  • High Ceiling
  • 4-minute walk to Bob McGuire Park

About This Home

As of November 2018

New home like living (built in 2016) in the heart of Milpitas transit hub. The Great Mall BART station is right across the street & VTA Light rail is next to it! Walk to the Great Mall for dining & shopping or catch a movie at Century 20 Theater. This spacious townhome features 2 bedroom suites upstairs with walk-in closets; another bedroom on 2nd floor; downstairs is a huge bonus room that can be an exercise room, great room for kids to do somersaults, artist's den, work from home office or simply the 4th bedroom. Side-by-side 2-car garage & home is energy efficient rated with dual zone heat/AC & double pane windows. Bob McGuire Park is adjacent to this community with an amphitheater, community center meeting room, kids' playground, BBQ zone, big grassy area & 4 tennis courts. Low HOA dues and no rental restrictions. Great as an investment home too. **Most furniture are included as well!**

Last Agent to Sell the Property

Jeffrey Lee

CSR Real Estate Services License #01303684 Listed on: 10/05/2018

Last Buyer's Agent

Teresa Ha

Pacificwide Real Estate & Mortgage License #01182856

Pacificwide Real Estate & Mortgage

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $13,922

Year Built

  • Built in 2016

Lot Details

  • 1,241

HOA Fees

  • $303 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Spanish Architecture
  • Slab Foundation
  • Ceiling Insulation
  • Tile Roof

Interior Spaces

  • 1,860 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Dining Area
  • Bonus Room
  • Laundry Room

Kitchen

  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet

Home Security

Additional Features

  • Energy-Efficient HVAC
  • Forced Air Zoned Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 086-85-065

Community Details

Overview

  • Association fees include insurance, landscaping / gardening, maintenance - exterior, reserves, roof
  • 94 Units
  • Palazzo Owner Association
  • Built by Palazzo
  • The community has rules related to parking rules
  • Greenbelt

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$13,922

Year Built

Built in 2016

Lot Details

0

HOA Fees

$303 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary, Spanish
  • Restrictions: Parking Restrictions, Pets - Allowed
  • Age: 2
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 94
  • Structure Sq Ft: 1860
  • Complex Name: Palazzo
  • Year Built: 2016
  • Zoning Description: M2S
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Garbage Disposal, Hood Over Range, Microwave, Refrigerator
  • Living Sq Ft: 1860
  • Stories: 3
  • Security: Fire System - Sprinkler
  • Laundry: Inside
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Bonus / Hobby Room, Laundry Room
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

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

Utilities

  • Cooling System: Central AC, Multi-Zone
  • Heating System: Central Forced Air - Gas, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 303
  • HOA Amenities: Garden / Greenbelt / Trails
  • HOA Documents: Articles of Incorporation, Bylaws, CC&RS
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance, Landscaping / Gardening, Maintenance - Exterior, Reserves, Roof
  • H O A Name Text: Palazzo Owner Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 086-85-065
  • Lot Acres: 0.0285
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1240.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1240.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star HVAC

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 20, 2024
Sold by
Joshi Mandar S and Oak Mayura A
Bought by
Joshi And Oak Family Trust and Joshi
Current Estimated Value
$1,376,911

Purchase Details

Listed on
Oct 5, 2018
Closed on
Nov 16, 2018
Sold by
Lee Jeffrey Cho and Chung Nora Wai Ling
Bought by
Joshi Mandar S and Oak Mayura A
Seller's Agent
Jeffrey Lee
CSR Real Estate Services
Buyer's Agent
Teresa Ha
Pacificwide Real Estate & Mortgage
List Price
$1,100,000
Sold Price
$1,030,000
Premium/Discount to List
-$70,000
-6.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$824,000
Interest Rate
3.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 8, 2016
Sold by
Kb Home South Bay Inc
Bought by
Lee Jeffrey Cho and Chung Nora Wai Ling

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,500
Interest Rate
3.73%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Joshi And Oak Family Trust -- None Listed On Document
Joshi And Oak Family Trust -- None Listed On Document
Joshi Mandar S $1,030,000 Old Republic Title Co
Lee Jeffrey Cho $834,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joshi Mandar S $749,000
Previous Owner Joshi Mandar S $820,000
Previous Owner Joshi Mandar S $824,000
Previous Owner Lee Jeffrey Cho $625,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/27/2018 11/27/18 Sold $1,030,000 -6.4% $554 / Sq Ft
10/22/2018 10/22/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $1,100,000 -- $591 / 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 $13,922 $1,126,452 $563,226 $563,226
2023 $13,856 $1,104,366 $552,183 $552,183
2022 $13,757 $1,082,712 $541,356 $541,356
2021 $13,005 $1,017,000 $508,500 $508,500
2020 $12,641 $995,000 $497,500 $497,500
2019 $13,130 $1,030,000 $515,000 $515,000
2018 $10,846 $868,047 $433,846 $434,201
2017 $10,701 $851,028 $425,340 $425,688
2016 $2,953 $187,455 $118,595 $68,860
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81726419

MLSListings

APN: 086-85-065