NOT LISTED FOR SALE

883 Ternura Loop Milpitas, CA 95035

Estimated Value: $1,471,000 - $1,704,000

3 Beds
2.5 Baths
1,770 Sq Ft
$912/Sq Ft Est. Value

Last Sold February 20, 2024

Last sale price $1,515,000 $856 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $9,859/month

11 Days on Market

Highlights

  • Granite Countertops
  • Open to Family Room
  • Bathtub with Shower
  • Pearl Zanker Elementary School Rated A-
  • Walk-In Closet
  • 3-minute walk to Tom Evatt Park

About This Home

As of February 2024

Discover this stunning gated, detached single-family home featuring high ceilings and an open floor plan. The first floor offers a spacious two-car garage and a versatile bonus space, perfect for a home office, gym, or additional bedroom. The main floor boasts an expansive living and dining area with a side door leading to a charming side yard, alongside a large kitchen with an island, merging seamlessly into a spacious family room. The top floor features a dedicated laundry room, three bedrooms including a master suite with a luxurious bathroom adorned with European tiles and a soaking tub. Enjoy well-maintained grounds, a playground, and a community pool/spa with a reservable cabana. The gated community provides neighborhood watch and security for peace of mind. Amenities include a swimming pool, Jacuzzi, outdoor playset, park with a playground, picnic area, basketball and tennis courts, and a clubhouse. Conveniently located within 5-10 minutes' drive of numerous companies, grocery stores, restaurants, and schools (Daycare to Middle School, both Public and Private). It's walking distance to Stratford School Corning, Great Mall, and Beresford campus, with easy access to the Great Mall, light rail, BART station, and highways 237/880/680.

Last Agent to Sell the Property

Bill Qin

BQ Realty License #01879849 Listed on: 01/04/2024

BQ Realty

Co-Listed By

Trista Chen

BQ Realty License #02112612

Last Buyer's Agent

Nancy Wu

Morgan Real Estate License #01480965

Morgan Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,759

Year Built

  • Built in 2006

Lot Details

  • 1,742 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,770 Sq Ft Home
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Gas Cooktop
  • Granite Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Laundry

  • Laundry in unit
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Community Sewer or Septic

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, maintenance - common area, maintenance - exterior, pool spa or tennis
  • Terra Serena Owners Association

Listing and Financial Details

  • Assessor Parcel Number 08316055

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,759

Year Built

Built in 2006

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 18
  • Listing Class: Residential
  • Structure Sq Ft: 1770
  • Year Built: 2006
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Living Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Refrigerator
  • Living Sq Ft: 1770
  • Bedrooms: Walk-in Closet
  • Laundry: Inside, Washer / Dryer
  • Flooring: Carpet, Tile
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Guest / Visitor Parking

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 189
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area, Maintenance - Exterior, Pool, Spa, or Tennis
  • H O A Name Text: Terra Serena Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: Walk-in Closet

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 08316055
  • Lot Acres: 0.0400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1742.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1742.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 4, 2024
Closed on
Jan 22, 2024
Sold by
Cai Gang and Cai Feishen
Bought by
Wang Fang and Chen Wenyu
Seller's Agent
Bill Qin
BQ Realty
Buyer's Agent
Nancy Wu
Morgan Real Estate
List Price
$1,488,000
Sold Price
$1,515,000
Premium/Discount to List
$27,000
1.81%
Total Days on Market
11
Views
94
Current Estimated Value
$1,614,943

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,943
Avg. Annual Appreciation
4.39%
Original Mortgage
$330,000
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 29, 2014
Sold by
Cai Gang and Wen Feishen
Bought by
Cai Gang and Wen Feishen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2013
Sold by
Cai Wenjuan and Cai Gang
Bought by
Cai Gang and Wen Feishen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 14, 2007
Sold by
Kb Home South Bay Inc
Bought by
Cai Wenjuan and Cai Gang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$545,000
Interest Rate
6.37%
Mortgage Type
Unknown
Source: Public Records

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Range of Values:

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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
Wang Fang $1,515,000 Fidelity National Title
Cai Gang $185,000 None Available
Cai Gang -- Chicago Title Company
Cai Wenjuan $681,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Fang $255,000
Closed Wang Fang $255,000
Closed Wang Fang $330,000
Previous Owner Cai Gang $350,000
Previous Owner Cai Gang $370,000
Previous Owner Cai Gang $388,000
Previous Owner Cai Wenjuan $405,000
Previous Owner Cai Wenjuan $406,000
Previous Owner Cai Wenjuan $412,000
Previous Owner Cai Wenjuan $417,000
Previous Owner Cai Wenjuan $545,000
Previous Owner Cai Wenjuan $545,086
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/20/2024 02/20/24 Sold $1,515,000 +1.8% $856 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
01/04/2024 01/04/24 For Sale $1,488,000 -- $841 / 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 $10,759 $877,414 $526,431 $350,983
2023 $10,759 $860,210 $516,109 $344,101
2022 $10,644 $843,344 $505,990 $337,354
2021 $10,471 $826,809 $496,069 $330,740
2020 $10,287 $818,332 $490,983 $327,349
2019 $10,161 $802,287 $481,356 $320,931
2018 $9,655 $786,557 $471,918 $314,639
2017 $9,520 $771,135 $462,665 $308,470
2016 $9,138 $756,016 $453,594 $302,422
2015 $9,037 $744,661 $446,781 $297,880
2014 $8,343 $690,000 $420,000 $270,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81950634

MLSListings

APN: 086-57-055