NOT LISTED FOR SALE

1030 Summerfield Dr Milpitas, CA 95035

Estimated Value: $1,893,000 - $2,277,000

4 Beds
3 Baths
2,316 Sq Ft
$886/Sq Ft Est. Value

Last Sold November 09, 2012

Last sale price $788,888 $341 Per Sq Ft

Est. 160% increase in value since last sale

Current estimated payment $11,686/month

24 Days on Market

Highlights

  • Primary Bedroom Suite
  • Recreation Room
  • Main Floor Bedroom
  • Pearl Zanker Elementary School Rated A-
  • Vaulted Ceiling
  • Mediterranean Architecture

About This Home

As of November 2012

IMMACULATE CONDITION,GORGEOUS 2 STORY HOME,CENTRALLY LOCATED CLOSE TO SCHOOL,PARK,GREAT MALL,LT.RAIL TRANSIT,GREAT FL.PLAN W/ VAULTED CEILING,SPACIOUS CENTRAL LOFT,NEWER LAMINATES, TILED KITCHEN,LAUNDRY & BATHRMS FLOOR,CUSTOM BUILT IN CLOSETS IN MASTER WALK-IN,CUSTOM WALL TO WALL CABINETS/SHELVES IN GARAGE,$55K IN UPGRADES,A MUST SEE!

Last Agent to Sell the Property

Lety Sycip

REALTY EXPERTS License #01066644 Listed on: 08/28/2012

REALTY EXPERTS

Last Buyer's Agent

Ben Adhikari

Everest Realty Group License #01291619

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,074

Year Built

  • Built in 1998

Lot Details

  • Level Lot
  • Front and Back Yard Sprinklers
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Home Design

  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Window Treatments
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Recreation Room
  • Loft
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet
  • Satellite Dish
  • Cable TV Available

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 086-46-020

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,074

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Mediterranean
  • Sale Price Per Sq Ft: 340.63
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 2316
  • Barclay Horizontal: 37
  • Barclays Page: 25
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Book Page Secondary: 25
  • Map Side Coordinate: 2
  • Map Side Coordinate Secondary: 79
  • Map Top Coordinate: A
  • Map Top Coordinate Secondary: 37
  • Thomas Bros Page: 814
  • Thomas Brothers: A2
  • Year Built: 1998
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Nook
  • Kitchen: Dishwasher, Oven Range, Microwave, Oven - Self Cleaning, Hookups - Gas
  • Living Sq Ft: 2316
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Tile, Laminate, Carpet - Wall to Wall
  • Additional Rooms: Rec/Rumpus Room, Loft
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 2+, Stall Shower - 2+, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 90
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 086-46-020
  • List Price per Sq Ft: 340.63
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4356.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4356.00
  • Lot Size Area Min Search: 4356.00
  • Maximum Lot Size: 4356.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 28, 2012
Closed on
Nov 2, 2012
Sold by
Gupta Parul and Gupta Rajeev
Bought by
Malhotra Manav
Seller's Agent
Lety Sycip
REALTY EXPERTS
Buyer's Agent
Ben Adhikari
Everest Realty Group
List Price
$788,888
Sold Price
$788,888
Current Estimated Value
$2,052,253

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,263,365
Avg. Annual Appreciation
7.65%
Original Mortgage
$625,000
Outstanding Balance
$431,273
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$1,620,980

Purchase Details

Closed on
Sep 29, 2011
Sold by
Gupta Rajeev and Gupta Parul
Bought by
Gupta Parul and Gupta Rajeev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
4.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2004
Sold by
Kale Arvind and Kale Rajeshri
Bought by
Gupta Rajeev and Gupta Parul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,400
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 1999
Sold by
Dkb Homes Llc
Bought by
Kale Arvind and Kale Rajeshri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$373,240
Interest Rate
7.51%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Malhotra Manav $789,000 Chicago Title Company
Gupta Parul -- Fidelity National Title Co
Gupta Rajeev $750,000 First American Title Company
Kale Arvind $530,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Malhotra Manav $625,000
Previous Owner Gupta Parul $411,000
Previous Owner Gupta Rajeev $598,400
Previous Owner Kale Arvind $373,240
Closed Gupta Rajeev $74,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/09/2012 11/09/12 Sold $788,888 0.0% $341 / Sq Ft
09/21/2012 09/21/12 Pending -- -- --
08/28/2012 08/28/12 For Sale $788,888 -- $341 / 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 $11,074 $971,447 $534,188 $437,259
2024 $11,074 $952,400 $523,714 $428,686
2023 $11,038 $933,727 $513,446 $420,281
2022 $10,992 $915,420 $503,379 $412,041
2021 $10,831 $897,471 $493,509 $403,962
2020 $10,642 $888,269 $488,449 $399,820
2019 $10,519 $870,853 $478,872 $391,981
2018 $9,987 $853,779 $469,483 $384,296
2017 $9,857 $837,039 $460,278 $376,761
2016 $9,458 $820,627 $451,253 $369,374
2015 $9,362 $808,301 $444,475 $363,826
2014 $9,113 $792,469 $435,769 $356,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81232003

MLSListings

APN: 086-46-020