NOT LISTED FOR SALE

Terra Serena Luna 700 S Abel St Unit 102 Milpitas, CA 95035

Estimated Value: $850,911 - $927,000

2 Beds
2 Baths
1,309 Sq Ft
436 Sq Ft Lot

Last Sold March 21, 2014

Last sale price $556,501 $425 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $5,257/month

7 Days on Market

Highlights

  • Fitness Center
  • Primary Bedroom Suite
  • Clubhouse
  • Pearl Zanker Elementary School Rated A-
  • Mountain View
  • 2-minute walk to O'Toole Elms Park

About This Home

As of March 2014

Modern & Spacious 2bedroom/2bath single-story Luxury Condominium on Ground Level (NO STAIRS) w/premium parking in two detached 1-car garages! Largest 2bed floor plan. Large patio area w/storage room. Walking distance to GreatMall, blocks to frwy access & VTA, close prox to top Milpitas schools, parks, shopping & future BART station. Amenities: Concierge, Club House;Pool/Spa; Gym; Park & BBQ Area!

Last Agent to Sell the Property

Bradley Gill

NextHome Lifestyles License #01874206 Listed on: 02/12/2014

NextHome Lifestyles

Last Buyer's Agent

Mahin Motlagh

Intero Real Estate Services License #01320595

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2007

Lot Details

  • 436

Parking

  • 2 Car Detached Garage
  • Garage Door Opener
  • Guest Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Modern Architecture
  • Slab Foundation
  • Ceiling Insulation

Interior Spaces

  • 1,309 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Double Pane Windows
  • Window Treatments
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Owned
  • Security Gate

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • 220 Volts
  • Satellite Dish
  • Cable TV Available

Additional Features

  • Energy-Efficient Insulation
  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 086-61-066

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include hot water, landscaping / gardening, pool spa or tennis, management fee, reserves, roof, sewer, water, common area electricity, common area gas, exterior painting, garbage, gas, insurance - liability, unit coverage insurance
  • 315 Units
  • Luna At Terra Serena Association
  • Built by Luna
  • Car Wash Area

Amenities

  • Community Barbecue Grill
  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Playground
  • Fitness Center

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Subclass: Condominium
  • Style: Modern / High Tech, Contemporary
  • Restrictions: Pets - Restrictions
  • Sale Price Per Sq Ft: 425.13
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Maximum Unit Floor Number: 1
  • Maximum Unit Levels: 1
  • Max Numberof Unitsin Complex: 315
  • Min Numberof Unitsin Complex: 315
  • Structure Sq Ft: 1309
  • Builder Architect: KB Homes
  • Complex Name: Luna
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 2
  • Map Top Coordinate: A
  • Thomas Bros Page: 814
  • Thomas Brothers: A2
  • Year Built: 2007
  • Zoning Description: PUD
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range, Microwave, 220 Volt Outlet
  • Living Sq Ft: 1309
  • Stories: 1
  • Security: Security Alarm - Owned, Security Features, Security Building, Security Gate, Fire Alarm, Fire System - Sprinkler
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Laminate, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Bathroom: Shower over Tub - 1, Tub in Primary Bedroom, Tubs - 2+, Stall Shower

Exterior Features

  • Foundation: Concrete Slab
  • View: Mountains, Local/Neighborhood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Detached Garage, Gate / Door Opener, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Condo/Co-op/Association

  • HOA Fees: 378
  • HOA Amenities: Car Wash Area, Playground, Club House, Elevator, Gym / Exercise Facility, Community Pool, BBQ Area, Sauna / Spa / Hot Tub
  • HOA Documents: Articles of Incorporation, Bylaws, Budget, Financial Statement, Rules & Regulations
  • Association Fees Include: Hot Water, Landscaping / Gardening, Pool, Spa, or Tennis, Management Fee, Reserves, Roof, Sewer, Water, Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Gas, Insurance - Liability, Unit Coverage Insurance
  • H O A Name Text: Luna at Terra Serena
  • Levels In Unit: 1
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Balcony/Patio

Schools

  • High School: 293

Lot Info

  • Parcel Number: 086-61-066
  • List Price per Sq Ft: 404.13
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Weather Stripped Door(s), Double Pane Windows, Thermostat Controller

Multi Family

  • Maximum Building Height: 8
  • Minimum Building Height: 4
  • Unit Features: End Unit, Ground Floor

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Pearl Zanker Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 7, 2020
Sold by
Sethuramalingam Arun Ponniah and Venkatesan Valli Vidhya
Bought by
Sethuramalingam Arun Ponniah and Venkatesan Valli Vidhya
Current Estimated Value
$872,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Outstanding Balance
$243,043
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$629,185

Purchase Details

Closed on
Sep 13, 2019
Sold by
Sethuramalingam Arun Ponniah and Venkatesan Valli Vidhya
Bought by
Sethuramalingam Arun Ponniah and Venkatesan Valli Vidhya

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 18, 2014
Sold by
Srinivasan Vaidehi
Bought by
Sethuramalingam Arun Ponniah and Venkatesan Valli Vidhya
Seller's Agent
Bradley Gill
NextHome Lifestyles
Buyer's Agent
Mahin Motlagh
Intero Real Estate Services
List Price
$529,000
Sold Price
$556,501
Premium/Discount to List
$27,501
5.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.89%
Original Mortgage
$445,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 17, 2009
Sold by
Lb/L Kb Terra Serena Llc
Bought by
Srinivasan Vaidehi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,805
Interest Rate
4.37%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Sethuramalingam Arun Ponniah -- None Available
Sethuramalingam Arun Ponniah -- Timios Title A Ca Corp
Sethuramalingam Arun Ponniah -- None Available
Sethuramalingam Arun Ponniah $557,000 Chicago Title Company
Srinivasan Vaidehi $365,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sethuramalingam Arun Ponniah $344,000
Closed Sethuramalingam Arun Ponniah $445,000
Previous Owner Srinivasan Vaidehi $273,805
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/21/2014 03/21/14 Sold $556,501 +5.2% $425 / Sq Ft
02/19/2014 02/19/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $529,000 -- $404 / 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 $8,411 $682,182 $341,029 $341,153
2024 $8,411 $668,807 $334,343 $334,464
2023 $8,375 $655,694 $327,788 $327,906
2022 $8,320 $642,838 $321,361 $321,477
2021 $8,184 $630,234 $315,060 $315,174
2020 $8,041 $623,773 $311,830 $311,943
2019 $7,859 $611,543 $305,716 $305,827
2018 $7,471 $599,553 $299,722 $299,831
2017 $7,365 $587,798 $293,846 $293,952
2016 $7,069 $576,274 $288,085 $288,189
2015 $6,989 $567,619 $283,758 $283,861
2014 $4,851 $384,417 $230,604 $153,813
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81404354

MLSListings

APN: 083-21-066