$851,000
SOLD DEC 11, 2017

Terra Serena Luna 700 S Abel St Unit 414 Milpitas, CA 95035

3 Beds
2 Baths
1,421 Sq Ft
$473/mo HOA Fee

Recently Sold

$599 Per Sq Ft

13% Above List Price

7 Days on Market

Highlights

  • Cabana
  • City Lights View
  • Marble Bathroom Countertops
  • Pearl Zanker Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to O'Toole Elms Park

About This Home

As of June 2022

Contemporary 3-bedroom penthouse nestled in tranquil Terra Serena Luna Community. This immaculate corner home features open living spaces with high ceilings, pristine hardwood flooring, custom plantation shutters, dual pane windows, and plenty of natural light. Stunning gourmet kitchen with beautiful cabinetry, stainless steel appliances, and granite countertop. Spacious master bedroom with plush carpeting and generous walk-in closet. Ensuite bathroom with his-and-her sinks, soaking tub and large glass-enclosed shower stall. Secluded balcony overlooking serene courtyard. In-unit laundry, 2 storage rooms and 2 assigned parking spaces for convenience. HOA includes water, garbage & sewer. This gated community is fully equipped with sparkling pool, club house, fitness center, BBQ area, and playgrounds. Mere minutes away from the Great mall shopping center, entertainments, restaurants, Light Rail, future BART and freeway 880,680 & 237. Don't miss!

Last Agent to Sell the Property

Sara Bovorn

Redfin License #01893207 Listed on: 11/07/2017

Last Buyer's Agent

Satya Dasari

Keller Williams Thrive License #01327436

Keller Williams Thrive

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $12,603

Year Built

  • Built in 2007

Lot Details

  • Gated Home
  • Sprinklers on Timer

HOA Fees

  • $473 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Lighted Parking
  • Garage Door Opener
  • Electric Gate
  • Secured Garage or Parking
  • Guest Parking
  • Assigned Parking

Property Views

  • City Lights
  • Park or Greenbelt

Home Design

  • Ceiling Insulation
  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,421 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Dining Area

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Dryer
  • Washer

Home Security

  • Security Lights
  • Security Gate

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights

Pool

  • Cabana
  • Heated Pool and Spa
  • Heated In Ground Pool
  • Gunite Pool
  • Fence Around Pool

Outdoor Features

  • Outdoor Kitchen
  • Shed

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 086-61-057

Community Details

Overview

  • Association fees include common area electricity, exterior painting, garbage, insurance, insurance - common area, insurance - liability, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, management fee, pool spa or tennis, reserves, roof, sewer, water
  • Common Interest Management Solutions Association
  • Built by Terra Serena Luna

Amenities

  • Courtyard

Recreation

Security

  • Controlled Access
  • Building Fire Escape
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$12,603

Year Built

Built in 2007

Lot Details

0

HOA Fees

$473 per month

Parking

2

Listing Details

  • Subclass: Condominium
  • Age: 10
  • Listing Class: Residential
  • Structure Sq Ft: 1421
  • Complex Name: Terra Serena Luna
  • 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, Dining Bar
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Ice Maker, Island, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1421
  • Stories: 1
  • Security: Controlled / Secured Access, Fire Alarm, Fire Escape, Fire System - Sprinkler, Secured Garage / Parking, Security Lights
  • Bedrooms: Walk-in Closet
  • Laundry: Dryer, Washer
  • Flooring: Carpet, Hardwood, Tile
  • Additional Rooms: Storage
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Marble, Shower and Tub, Solid Surface, Stall Shower, Tile, Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Cabana / Dressing Room, Community Facility, Pool - Fenced, Pool - Gunite, Pool - Heated, Pool - In Ground, Pool / Spa Combo, Spa / Hot Tub
  • Roof: Tile
  • View: City Lights, Park
  • Yard/Grounds: Balcony / Patio, Courtyard, Outdoor Kitchen, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure
  • Pool: Yes
  • Fencing: Gate

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Assigned Spaces, Covered Parking, Electric Gate, Enclosed, Gate / Door Opener, Guest / Visitor Parking, Lighted Parking Area, Parking Restrictions

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 473
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Exterior Painting, Garbage, Insurance, Insurance - Common Area, Insurance - Liability, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Management Fee, Pool, Spa, or Tennis, Reserves, Roof, Sewer, Water
  • H O A Name Text: Common Interest Management Solutions
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Security Gate, Walk-in Closet

Schools

  • School District: Milpitas Unified
  • Elementary School: Pearl Zanker Elementary
  • Middle School: Rancho Milpitas Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 290
  • Middle School: 283

Lot Info

  • Parcel Number: 086-61-057
  • Lot Acres: 0.0100
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 435.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 435.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Energy Star Lighting, Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters

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

Listed on
May 12, 2022
Closed on
Jun 10, 2022
Sold by
Patil Shubhada
Bought by
Patil Suhas Hanumant
Seller's Agent
Sophie Shen
SV Capital Group Inc.
Buyer's Agent
Kamini Patel
Intero Real Estate Services
List Price
$899,000
Sold Price
$1,040,000
Premium/Discount to List
$141,000
15.68%
Current Estimated Value
$1,065,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$25,649
Avg. Annual Appreciation
0.86%
Original Mortgage
$780,000
Outstanding Balance
$743,630
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$324,358

Purchase Details

Listed on
May 12, 2022
Closed on
Jun 8, 2022
Sold by
Patil Gautam and Patil Dhanashree
Bought by
Patil Sonal Suhas and Patil Suhas Hanumant
Seller's Agent
Sophie Shen
SV Capital Group Inc.
Buyer's Agent
Kamini Patel
Intero Real Estate Services
List Price
$899,000
Sold Price
$1,040,000
Premium/Discount to List
$141,000
15.68%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$780,000
Outstanding Balance
$743,630
Interest Rate
4.63%
Mortgage Type
New Conventional
Estimated Equity
$324,358

Purchase Details

Listed on
Nov 7, 2017
Closed on
Nov 27, 2017
Sold by
Metcalf Bowman Gene and Metcalf Bowman Theodore Sidney
Bought by
Patil Gautam and Pode Dhanashree
Seller's Agent
Sara Bovorn
Redfin
Buyer's Agent
Satya Dasari
Keller Williams Thrive
List Price
$749,999
Sold Price
$851,000
Premium/Discount to List
$101,001
13.47%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%
Original Mortgage
$680,800
Interest Rate
3.31%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 9, 2015
Sold by
Metcalf Bowman Gene and Metcalf Bowman Theodore Sidney
Bought by
Bowman Family Trust

Purchase Details

Closed on
Oct 9, 2007
Sold by
Lb/L Kb Terra Serena Llc
Bought by
Bowman Gene and Bowman Teddy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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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
Deed -- Chicago Title
Grant Deed $1,040,000 Chicago Title
Grant Deed $851,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $544,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $780,000 New Conventional
Closed $780,000 New Conventional
Previous Owner $633,000 New Conventional
Previous Owner $680,800 Adjustable Rate Mortgage/ARM
Previous Owner $382,320 New Conventional
Previous Owner $382,300 New Conventional
Previous Owner $401,436 New Conventional
Previous Owner $417,000 Purchase Money Mortgage
Closed $110,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/14/2022 06/14/22 Sold $1,040,000 +15.7% $732 / Sq Ft
05/12/2022 05/12/22 Pending -- -- --
05/12/2022 05/12/22 For Sale $899,000 +5.6% $633 / Sq Ft
12/11/2017 12/11/17 Sold $851,000 +13.5% $599 / Sq Ft
11/14/2017 11/14/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $749,999 -- $528 / 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 $12,603 $1,050,000 $524,900 $525,100
2023 $11,240 $915,000 $457,400 $457,600
2022 $11,335 $912,442 $456,221 $456,221
2021 $11,152 $894,552 $447,276 $447,276
2020 $10,585 $854,000 $427,000 $427,000
2019 $10,836 $868,020 $434,010 $434,010
2018 $10,354 $851,000 $425,500 $425,500
2017 $7,995 $649,580 $324,815 $324,765
2016 $7,671 $636,845 $318,447 $318,398
2015 $7,584 $627,280 $313,664 $313,616
2014 $7,377 $614,993 $307,520 $307,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81683398

MLSListings

APN: 086-61-057