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208 Parc Place Drive

208 Parc Place Drive, Milpitas, CA 95035
Property in Midtown
Sold Apr 08, 2022
$1,250,000
Buyer
Seller
$660,000 by Us Bank National Association
Mortgage Due May 01, 2052
Sold May 13, 2019
$901,000
208 Parc Place Drive has been categorized by the local assessors in Milpitas, CA as a residential type of property. The building on the property was first built in 2005 and is 19 years old. The home has a total of 6 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 3 stories. In addition, 208 Parc Place Drive has 1,280 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 1,267 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 376 sqft. According to our sources, there is one available parking space. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. In terms of heating, it is utilizing a forced air unit. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 208 Parc Place Drive sold most recently in Apr 1, 2022 for a total of $1,250,000. If you work out the math, that's approximately a cost of $976.56 per sqft. Before that, the property was also sold for $901,000 in May 7, 2019. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $11,406 in taxes each year. 208 Parc Place Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,075,000. If we break it down further, the land itself was valued at $537,500. Improvements to the property, however, were assessed at a total of $537,500. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2005
  • Effective Year Built: 2005
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 3
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 376
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,267
  • Total Building Area: 1,280
  • Gross Building Area: 620
  • Building Area: 1,280
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Forced air unit
  • Heated Square Feet: 1,280
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARC PLACE
  • Land Acres: 0.029
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: UNIT 501

Ownership

  • Current Owner : LIU YUAN
  • Previous Owner : PENNY PENG
  • Owner Before Previous Owner: THAI MARTHA C
  • Owner Before Previous Owner 2: MARTHA C TSAI TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Single/unmarried woman

Neighborhood

  • School District Name: Milpitas Unified School District
  • Census Tract: 504510

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 9569
  • Parcel: 086-54-029
  • Municipality: MILPITAS
  • Latitude: 37.4205
  • Longitude: -121.9

    Address

  • Full Address: 208 Parc Place Dr
  • Address - House Number: 208
  • Address - Street Name: Parc Place
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Milpitas
  • Carrier Code: C024
  • 4-Digit Zip Code: 3851
  • Zip Code: 95035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,406
  • Tax Rate Code Area: 12-056

    Appraisal Valuation

  • Standard Deviation: 0.1963
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 73
  • Final Value: 1,019,696
  • High Value: 1,219,943
  • Low Value: 819,449

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $660,000
  • First Open Lien Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Apr 08, 2022
  • First Open Lien Mortgage Loan Amount: $660,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,075,000
  • Assessed Land Value: $537,500
  • Assessed Improvements Value: $537,500

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 01, 2022
  • Current Sale Recording Date: Apr 08, 2022
  • Current Sale Transaction ID: 11884316237
  • Current Sale Price: $1,250,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25278096
  • Previous Sale Recording Date: May 13, 2019
  • Previous Sale Contract Date: May 07, 2019
  • Previous Sale Amount: $901,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Apr 08, 2022
  • First Mortgage Loan Amount: $660,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2052

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Nearby Rentals

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Frequently Asked Questions

What neighborhood is 208 Parc Place Drive located in?
The 208 Parc Place Drive is a located in the neighborhood of Midtown in Midtown, Milpitas.
What is the average sales price for listings in 208 Parc Place Drive?
The average sales price for units in 208 Parc Place Drive is $0 currently.

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