NOT LISTED FOR SALE

624 Arbor Way Milpitas, CA 95035

Estimated Value: $694,000 - $913,000

3 Beds
2 Baths
1,044 Sq Ft
2,178 Sq Ft Lot

Last Sold August 23, 2016

Last sale price $618,000 $592 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,206/month

13 Days on Market

Highlights

  • Private Pool
  • Contemporary Architecture
  • Sauna
  • Marshall Pomeroy Elementary School Rated A
  • Garden View
  • High Ceiling

About This Home

As of August 2016

Best and most desired corner unit in a charming & quiet community. Open & bright floor plan with lots of natural light. High ceiling living room with fireplace and access to patio. Totally remodeled kitchen and bathrooms with granite counter top, stainless steel appliances, flat cooktop/oven, built microwave and title floor. Dual-pain windows with blinds covering. Beautiful wood floor throughout except bathrooms. Three parking spaces(two detached garages and one assigned parking)Great schools: Marshall Pomeroy Elementary, Thomas Russel Middle, Milpitas High. Buyer to verify schools. County record shows 2 bedrooms and 924sqft of living space which is wrong, unit has 3 bedrooms and actual footage is 1044sqft, buyer to verify. Quick to Hwy 680,880,237, near shopping centers and restaurants.

Last Agent to Sell the Property

Mandy Tao

Maxreal Property License #01518322 Listed on: 07/07/2016

Maxreal Property

Last Buyer's Agent

Amy Huang

Maxreal Property License #01902347

Maxreal Property

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,182

Year Built

  • Built in 1992

Lot Details

  • 2,178

Parking

  • 2 Car Detached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,044 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Garden Views

Kitchen

  • Oven or Range
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry Room
  • Washer and Dryer

Home Security

Outdoor Features

  • Private Pool
  • Balcony

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 026-29-024

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include garbage, insurance - common area, insurance - hazard, landscaping / gardening, management fee, roof, water
  • 48 Units
  • Fountain Square Association
  • Built by Fountain Square

Recreation

  • Community Pool

Additional Features

  • Sauna
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,182

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Contemporary
  • Age: 24
  • Listing Class: Residential
  • Min Numberof Unitsin Complex: 48
  • Structure Sq Ft: 1044
  • Complex Name: Fountain Square
  • 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 in Living Room
  • Kitchen: Cooktop - Electric, Countertop - Granite, Dishwasher, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 1044
  • Stories: 1
  • Security: Fire Alarm
  • Laundry: Washer / Dryer
  • Flooring: Laminate, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Granite, Shower and Tub, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility
  • Roof: Tile
  • View: Garden / Greenbelt
  • Yard/Grounds: Balcony / Patio
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 310
  • HOA Amenities: Sauna / Spa / Hot Tub
  • Association Fees Include: Garbage, Insurance - Common Area, Insurance - Hazard, Landscaping / Gardening, Management Fee, Roof, Water
  • H O A Name Text: Fountain Square
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Schools

  • School District: Milpitas Unified
  • Elementary School: Marshall Pomeroy Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 282
  • Middle School: 291

Lot Info

  • Parcel Number: 026-29-024
  • Lot Acres: 0.0500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2091.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2091.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Marshall Pomeroy Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 7, 2016
Closed on
Aug 10, 2016
Sold by
Wang Huikang and Chen Tsai En
Bought by
Kwok Stephen Y and Tung Delia Y
Seller's Agent
Mandy Tao
Maxreal Property
Buyer's Agent
Amy Huang
Maxreal Property
List Price
$598,000
Sold Price
$618,000
Premium/Discount to List
$20,000
3.34%
Current Estimated Value
$826,257

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,257
Avg. Annual Appreciation
3.22%
Original Mortgage
$484,000
Interest Rate
3.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 18, 1998
Sold by
Chang John J
Bought by
Wang Beiming and Yao Guang

Purchase Details

Closed on
Dec 3, 1993
Sold by
Wilson Development Inc
Bought by
Chang John J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,300
Interest Rate
6.89%
Source: Public Records

Range of Values:

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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
Kwok Stephen Y $618,000 Old Republic Title Company
Wang Beiming $204,000 Chicago Title Co
Chang John J $180,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwok Stephen Y $445,000
Closed Kwok Stephen Y $484,000
Previous Owner Wang Huikang $310,000
Previous Owner Wang Huikang $180,000
Previous Owner Chang John J $144,300
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/23/2016 08/23/16 Sold $618,000 +3.3% $592 / Sq Ft
07/21/2016 07/21/16 Pending -- -- --
07/07/2016 07/07/16 For Sale $598,000 -- $573 / 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 $8,182 $703,172 $351,586 $351,586
2023 $7,989 $675,000 $337,500 $337,500
2022 $8,124 $675,870 $337,935 $337,935
2021 $8,007 $662,618 $331,309 $331,309
2020 $7,867 $655,824 $327,912 $327,912
2019 $7,777 $642,966 $321,483 $321,483
2018 $7,385 $630,360 $315,180 $315,180
2017 $7,290 $618,000 $309,000 $309,000
2016 $3,325 $274,813 $121,390 $153,423
2015 $3,292 $270,686 $119,567 $151,119
2014 $3,115 $265,384 $117,225 $148,159
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Mandy Tao

    Maxreal Property

    Section Image

  • A

    Buyer's Agent in 2016

    Amy Huang

    Maxreal Property

    Section Image
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Map

Source: MLSListings

MLS Number: ML81594054

MLSListings

APN: 026-29-024

California Santa Clara County Milpitas 95035

624 Arbor Way, Milpitas, CA

This home is located at 624 Arbor Way, Milpitas, CA 95035 since 07 July 2016 and is currently estimated at $825,460, approximately $790 per square foot. This property was built in 1992. 624 Arbor Way is a home located in Santa Clara County with nearby schools including Marshall Pomeroy Elementary School, Thomas Russell Middle School, and Milpitas High School.

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