NOT LISTED FOR SALE

1138 Kovanda Way Milpitas, CA 95035

Estimated Value: $2,054,000 - $2,364,000

5 Beds
2.5 Baths
2,412 Sq Ft
$910/Sq Ft Est. Value

Last Sold May 31, 2017

Last sale price $1,260,000 $522 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $12,876/month

7 Days on Market

Highlights

  • Heated Pool and Spa
  • Solar Power System
  • Formal Dining Room
  • Marshall Pomeroy Elementary School Rated A
  • Granite Countertops
  • Skylights

About This Home

As of May 2017

New on the market! Fantastic Milpitas solar home! Open house 4/1-4/2 from 1-4pm. 4 bedroom plus a very large oversized bonus room with built in closets (can be used as a 5th bedroom). Remodeled kitchen with granite counters, island, stainless steel appliances, industrial range, and lots of storage. Remodeled bathrooms (dual sinks in the master bathroom). Separate living room, dining room, and family room. Tile roof. Whole house fan. Multiple sun tunnels. The backyard has been redone with custom pavers and a beautiful newer pool and spa with LED lights and 3 waterfalls. Great for entertaining. 2 car garage with built in cabinets. Space for RV parking with hookups. 100% owned solar panels (owner's haven't paid for electricity for years!). Home comes with built in security system and cameras. Lots of upgrades in this home! Close to hwys 880, 680, new Bart station. Walk to schools and shopping.

Last Agent to Sell the Property

Chris Simone

Allison James Estates & Homes License #01271614 Listed on: 03/29/2017

Allison James Estates & Homes

Last Buyer's Agent

Chris Simone

Allison James Estates & Homes License #01271614 Listed on: 03/29/2017

Allison James Estates & Homes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,652

Year Built

  • Built in 1978

Lot Details

  • 6,011 Sq Ft Lot
  • Level Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,412 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Whole House Fan
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Crawl Space
  • Alarm System

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Pool

  • Heated Pool and Spa
  • Pool Sweep

Additional Features

  • Solar Power System
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 026-14-052

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,652

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2412
  • Year Built: 1978
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Island, Oven Range, Pantry, Refrigerator
  • Living Sq Ft: 2412
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Formal Entry, Laundry Room
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Pool Description: Pool - Heated, Pool / Spa Combo, Pool - Sweep
  • Roof: Tile
  • Pool: Yes

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Whole House / Attic Fan
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Skylight, Wet Bar

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 026-14-052
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Green Features

  • Energy Features: Double Pane Windows, Solar Power, Whole House Fan

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 9, 2018
Sold by
Ramarchandran Lakshminarayan and Thiruvengidom Preenakhanna
Bought by
Ramarchandran Lakshaminarayana and Thiruvengidom Preenakhanna
Current Estimated Value
$2,194,835

Purchase Details

Listed on
Mar 29, 2017
Closed on
May 24, 2017
Sold by
Meagher Jill K
Bought by
Ramachandran Lakshminarayan and Thiruvengidom Preenakhanna
Seller's Agent
Chris Simone
Allison James Estates & Homes
Buyer's Agent
Chris Simone
Allison James Estates & Homes
List Price
$1,175,000
Sold Price
$1,260,000
Premium/Discount to List
$85,000
7.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.82%
Original Mortgage
$998,000
Outstanding Balance
$815,938
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,378,897

Purchase Details

Closed on
Jun 11, 2004
Sold by
Menezes Jill K
Bought by
Menezes Jill K

Purchase Details

Closed on
Feb 11, 2004
Sold by
Melendez Dominador S and Melendez Arceli T
Bought by
Meagher Stoney A and Menezes Jill K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,000
Interest Rate
4.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 11, 2002
Sold by
Melendez Dominador S and Melendez Arceli T
Bought by
Melendez Dominador S and Melendez Arceli T
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
Ramarchandran Lakshaminarayana -- None Available
Ramachandran Lakshminarayan $1,260,000 Chicago Title Company
Menezes Jill K -- --
Menezes Jill K -- --
Meagher Stoney A $680,000 Alliance Title Company
Melendez Dominador S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramachandran Lakshminarayan $998,000
Previous Owner Meagher Stoney A $544,000
Closed Meagher Stoney A $68,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2017 05/31/17 Sold $1,260,000 +7.2% $522 / Sq Ft
04/06/2017 04/06/17 Pending -- -- --
03/29/2017 03/29/17 For Sale $1,175,000 -- $487 / 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 $16,652 $1,462,331 $998,099 $464,232
2024 $16,652 $1,433,659 $978,529 $455,130
2023 $16,602 $1,405,549 $959,343 $446,206
2022 $16,532 $1,377,990 $940,533 $437,457
2021 $16,293 $1,350,972 $922,092 $428,880
2020 $16,008 $1,337,121 $912,638 $424,483
2019 $15,824 $1,310,904 $894,744 $416,160
2018 $14,939 $1,285,200 $877,200 $408,000
2017 $9,811 $833,032 $374,864 $458,168
2016 $9,414 $816,699 $367,514 $449,185
2015 $9,318 $804,432 $361,994 $442,438
2014 $9,070 $788,676 $354,904 $433,772
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81644276

MLSListings

APN: 026-14-052