NOT LISTED FOR SALE

714 Arbor Way Unit 14 Milpitas, CA 95035

Estimated Value: $697,000 - $801,000

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

Last Sold July 12, 2016

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

Est. 35% increase in value since last sale

Current estimated payment $4,383/month

8 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Guest Parking
  • Marshall Pomeroy Elementary School Rated A
  • 1 Car Attached Garage
  • Forced Air Heating and Cooling System

About This Home

As of July 2016

Beautiful, elegant, bright and light home with abundance of natural light, high ceilings, central A/C, dual pane windows, bamboo flooring, spacious 2 bed rooms, 2 baths, wood-burning fireplace, private balcony, washer/dryer in home, oversized 1 car garage for extra storage and 1 assigned parking space, move in ready, low HOA fee, highly rated schools, easy access to freeways 680, 880, 237. Near super market, shops, restaurants, public library. This is a must see.

Last Agent to Sell the Property

Jennifer Nguyen

Pacificwide Real Estate & Mortgage License #01800319 Listed on: 05/19/2016

Pacificwide Real Estate & Mortgage

Last Buyer's Agent

Ramon Lim

Intero Real Estate Services License #01432589

Intero Real Estate Services

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1992

Lot Details

  • 2,047

Parking

  • 1 Car Attached Garage
  • Guest Parking
  • Assigned Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

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

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Pool

  • Private Pool
  • Fence Around Pool

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Septic Tank

Listing and Financial Details

  • Assessor Parcel Number 026-29-014

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common area electricity, exterior painting, fencing, garbage, insurance, landscaping / gardening, maintenance - common area, maintenance - exterior, maintenance - road, pool spa or tennis, reserves, roof
  • Fountain Square Association

Recreation

  • Community Pool

Pet Policy

  • Limit on the number of pets

Property Details

Home Type

Condominium

Year Built

Built in 1992

Lot Details

0

Parking

1

Listing Details

  • Subclass: Condominium
  • Restrictions: Pets - Allowed, Pets - Number Restrictions
  • Listing Class: Residential
  • Structure Sq Ft: 924
  • 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
  • Living Sq Ft: 924
  • Stories: 1
  • Laundry: Washer / Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - Fenced
  • Roof: Tile
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Assigned Spaces, Attached Garage, Guest / Visitor Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Septic Connected

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 310
  • Association Fees Include: Common Area Electricity, Exterior Painting, Fencing, Garbage, Insurance, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Maintenance - Road, Pool, Spa, or Tennis, Reserves, Roof
  • H O A Name Text: Fountain Square
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 026-29-014
  • Lot Acres: 0.0470
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2042.96
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2042.96

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 19, 2016
Closed on
Jun 30, 2016
Sold by
Carlson Terrence R
Bought by
Escuadro Baby Neil Santos and Escuadro Eric Enriquez
Seller's Agent
Jennifer Nguyen
Pacificwide Real Estate & Mortgage
Buyer's Agent
Ramon Lim
Intero Real Estate Services
List Price
$530,000
Sold Price
$540,000
Premium/Discount to List
$10,000
1.89%
Current Estimated Value
$728,391

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,391
Avg. Annual Appreciation
3.18%
Original Mortgage
$486,000
Outstanding Balance
$388,723
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$339,668

Purchase Details

Closed on
Aug 27, 1996
Sold by
Reyes Rodolfo Suarez and Reyes Erlinda Balancio
Bought by
Carlson Terrence R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
8.23%

Purchase Details

Closed on
Nov 4, 1993
Sold by
Wilson Development Inc
Bought by
Reyes Rodolfo Suarez and Reyes Erlinda Balancio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,750
Interest Rate
6.91%
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
Escuadro Baby Neil Santos $540,000 Chicago Title Company
Carlson Terrence R $159,000 Fidelity National Title Co
Reyes Rodolfo Suarez $154,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Escuadro Baby Neil Santos $486,000
Previous Owner Carlson Terrence R $127,000
Previous Owner Reyes Rodolfo Suarez $107,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/12/2016 07/12/16 Sold $540,000 +1.9% $584 / Sq Ft
05/28/2016 05/28/16 Pending -- -- --
05/19/2016 05/19/16 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 $7,168 $626,710 $313,355 $313,355
2024 $7,168 $614,422 $307,211 $307,211
2023 $7,145 $602,376 $301,188 $301,188
2022 $7,118 $590,566 $295,283 $295,283
2021 $7,015 $578,988 $289,494 $289,494
2020 $6,893 $573,052 $286,526 $286,526
2019 $6,814 $561,816 $280,908 $280,908
2018 $6,472 $550,800 $275,400 $275,400
2017 $6,388 $540,000 $270,000 $270,000
2016 $2,686 $218,394 $107,307 $111,087
2015 $2,581 $215,115 $105,696 $109,419
2014 $2,498 $210,902 $103,626 $107,276
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81586363

MLSListings

APN: 026-29-014