NOT LISTED FOR SALE

888 Illumination Place Milpitas, CA 95035

Estimated Value: $1,317,000 - $1,475,000

4 Beds
3.5 Baths
1,764 Sq Ft
$795/Sq Ft Est. Value

Last Sold March 08, 2021

Last sale price $1,240,000 $703 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,950/month

2 Days on Market

Highlights

  • Clubhouse
  • Contemporary Architecture
  • High Ceiling
  • Mabel Mattos Elementary School Rated A
  • Main Floor Bedroom
  • Granite Countertops

About This Home

As of March 2021

Come take a look at the largest townhome in the complex! Designed with an open floor plan, and beautiful large windows, this home is immersed in sunlight and clarity. Enjoy an upgraded kitchen characterized by white cabinetry, granite countertops, mosaic backsplash, stainless steel appliances and an extensive kitchen island at the center! At the ground level, you will be pleased to find 2 bedrooms and a full bathroom, perfect for guests and in-laws when staying over. New upgrades also include quartz countertop and new fixtures in the master bath, laminated floor throughout, and new water heater. This residence is steps from The Great Mall, minutes to the new Bart station, and major freeway 880 for an easy commute up and down the peninsula!

Last Agent to Sell the Property

Mei Ling

8 Blocks Real Estate License #01425296 Listed on: 02/04/2021

Last Buyer's Agent

Prem Lakhanpal

Alliance Bay Realty License #02028527

Alliance Bay Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $15,263

Year Built

  • 2000

Lot Details

  • 2,226 Sq Ft Lot

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Guest Parking
  • Off-Street Parking

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,764 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Fireplace With Gas Starter
  • Separate Family Room
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

Overview

  • Association fees include basic telephone, common area electricity, common area gas, exterior painting, garbage, insurance - common area, insurance - structure, landscaping / gardening, maintenance - common area, maintenance - exterior, management fee, pool spa or tennis, reserves
  • Parc Metropolitan Association

Amenities

  • Clubhouse

Recreation

  • Community Playground
  • Community Pool

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$15,263

Year Built

2000

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Townhouse
  • Style: Contemporary
  • Age: 21
  • Listing Class: Residential
  • Structure Sq Ft: 1764
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2000

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter, Living Room
  • Dining Room: Dining Area In Living Room, No Informal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hookups - Gas, Island, Island With Sink, Microwave, Oven Range, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1764
  • Stories: 3
  • Bedrooms: Ground Floor Bedroom, More Than One Bedroom On Ground Floor
  • Laundry: Dryer, Inside, Washer
  • Flooring: Laminate, Tile
  • Additional Rooms: Laundry Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Showers Over Tubs - 2+, Tub In Primary Bedroom, Tubs - 2+

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, Off-Street Parking

Utilities

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

Condo/Co-op/Association

  • Complex Name: Parc Metro
  • HOA Fees: 240
  • HOA Amenities: Club House, Community Pool, Playground
  • HOA Documents: Articles Of Incorporation, Budget, Cc&rs, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Basic Telephone, Common Area Electricity, Common Area Gas, Exterior Painting, Garbage, Insurance - Common Area, Insurance - Structure, Landscaping / Gardening, Maintenance - Common Area, Maintenance - Exterior, Management Fee, Pool, Spa, Or Tennis, Reserves
  • HOA Exist: Yes
  • H O A Name Text: Parc Metropolitan

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, 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

  • Lot Acres: 0.0511
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 2228.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 2228.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 19, 2024
Sold by
Mehta Viranch Yogesh and Mehta Chandni Viranch
Bought by
Mehta Family Trust and Mehta
Current Estimated Value
$1,402,944

Purchase Details

Listed on
Feb 4, 2021
Closed on
Mar 2, 2021
Sold by
Zhu Mingjuan and Chang Chiachen
Bought by
Mehta Viranch and Mehta Chandni
Seller's Agent
Mei Ling
8 Blocks Real Estate
Buyer's Agent
Prem Lakhanpal
Alliance Bay Realty
List Price
$1,148,000
Sold Price
$1,240,000
Premium/Discount to List
$92,000
8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.39%
Original Mortgage
$900,750
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 9, 2014
Closed on
Jun 10, 2014
Sold by
Chang Thomas T
Bought by
Zhu Mingjuan and Chang Chiachen
Seller's Agent
Maya Hsu
Intero Real Estate Services
Buyer's Agent
Nicki Hou
Intero Real Estate Services
List Price
$669,000
Sold Price
$715,000
Premium/Discount to List
$46,000
6.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.51%
Original Mortgage
$455,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 2, 2004
Sold by
Liu Han Lung and Yeung Edith Wf
Bought by
Chang Thomas T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,110
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 22, 2002
Sold by
Rgcclpo Development Co Llc
Bought by
Liu Han Lung and Yeung Edith Wf

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
5.75%
Source: Public Records

Range of Values:

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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
Mehta Family Trust -- None Listed On Document
Mehta Viranch $1,240,000 Chicago Title Company
Zhu Mingjuan $715,000 Fidelity National Title Co
Chang Thomas T $589,000 Chicago Title
Liu Han Lung $457,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehta Viranch $900,750
Previous Owner Zhu Mingjuan $455,000
Previous Owner Chang Thomas T $471,110
Previous Owner Liu Han Lung $300,700
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $1,240,000 +8.0% $703 / Sq Ft
02/07/2021 02/07/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $1,148,000 +60.6% $651 / Sq Ft
06/12/2014 06/12/14 Sold $715,000 +6.9% $405 / Sq Ft
05/21/2014 05/21/14 Pending -- -- --
05/09/2014 05/09/14 For Sale $669,000 -- $379 / 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 $15,263 $1,342,212 $671,106 $671,106
2024 $15,263 $1,315,896 $657,948 $657,948
2023 $15,217 $1,290,096 $645,048 $645,048
2022 $15,155 $1,264,800 $632,400 $632,400
2021 $9,834 $809,738 $404,869 $404,869
2020 $9,664 $801,436 $400,718 $400,718
2019 $9,554 $785,722 $392,861 $392,861
2018 $9,072 $770,316 $385,158 $385,158
2017 $8,956 $755,212 $377,606 $377,606
2016 $8,594 $740,404 $370,202 $370,202
2015 $8,508 $729,284 $364,642 $364,642
2014 $7,767 $669,454 $401,616 $267,838
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81828441

MLSListings

APN: 086-50-072