NOT LISTED FOR SALE

1198 Seaside Way Milpitas, CA 95035

Estimated Value: $1,729,183 - $1,985,000

4 Beds
3 Baths
1,886 Sq Ft
$966/Sq Ft Est. Value

Last Sold September 21, 2012

Last sale price $720,000 $382 Per Sq Ft

Est. 153% increase in value since last sale

Current estimated payment $10,273/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Main Floor Bedroom
  • Marshall Pomeroy Elementary School Rated A
  • Marble Flooring
  • High Ceiling

About This Home

As of September 2012

Mediterranean style corner lot Home in Excellent Location in move in condition, close to Freeways, jobs. 1 bedroom and bath downstairs, 2 upper level bedrooms have attached baths. Vaulted ceiling, high quality laminate floor downstairs & marble tile floor in master bath. Fruit trees in backyard.

Last Agent to Sell the Property

Alam Mustafa

KW Advisors License #01247125 Listed on: 08/17/2012

KW Advisors

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Mediterranean Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,886 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Neighborhood Views
  • Security System Owned
  • Laundry in Garage

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher

Flooring

  • Wall to Wall Carpet
  • Laminate
  • Marble
  • Tile

Bedrooms and Bathrooms

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

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 022-43-053

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary, Mediterranean
  • Sale Price Per Sq Ft: 381.76
  • Level Street Main: Bedroom(s)
  • Listing Class: Residential
  • Structure Sq Ft: 1886
  • Barclay Horizontal: 37
  • Barclays Page: 17
  • Incorporated: Yes
  • Map Book Page: 793
  • Map Book Page Secondary: 17
  • Map Side Coordinate: 5
  • Map Side Coordinate Secondary: 84
  • Map Top Coordinate: J
  • Map Top Coordinate Secondary: 37
  • Thomas Bros Page: 793
  • Thomas Brothers: J5
  • Year Built: 1991
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Dishwasher, Microwave, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 1886
  • Stories: 2
  • Security: Security Alarm - Owned
  • Bedrooms: Primary Suite / Retreat, Ground Floor Bedroom
  • Laundry: In Garage
  • Flooring: Tile, Laminate, Carpet - Wall to Wall, Marble
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower, Sunken Tub, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Tile
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Auto
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 293

Lot Info

  • Parcel Number: 022-43-053
  • Lot Location: Corner
  • List Price per Sq Ft: 366.91
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3800.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3800.00
  • Lot Size Area Min Search: 3800.00
  • Maximum Lot Size: 3800.00
  • Map Book: Thomas Bros
  • Map Book Secondary: Barclay

Multi Family

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

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Marshall Pomeroy Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 17, 2012
Closed on
Sep 17, 2012
Sold by
Ahmed Zubair and Noorani Afroze
Bought by
Mui Lap K and Mui Lai P
Seller's Agent
Alam Mustafa
KW Advisors
List Price
$692,000
Sold Price
$720,000
Premium/Discount to List
$28,000
4.05%
Current Estimated Value
$1,821,296

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,101,296
Avg. Annual Appreciation
7.20%
Original Mortgage
$350,000
Outstanding Balance
$241,957
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,579,339

Purchase Details

Closed on
Mar 1, 2010
Sold by
Ahmed Zubair and Noorani Afroze
Bought by
Ahmed Zubair and Noorani Afroze

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2004
Sold by
Yee William H
Bought by
Ahmed Zubair and Noorani Afroze

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,400
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 2004
Sold by
Noorani Firdous
Bought by
Ahmed Masood

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$506,400
Interest Rate
4.5%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 27, 2001
Sold by
Leung Sin C and Calvillo Nora A
Bought by
Yee William H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,600
Interest Rate
6.62%

Purchase Details

Closed on
Aug 25, 1997
Sold by
Leung Sin C and Calvillo Nora A
Bought by
Leung Sin C and Calvillo Nora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,500
Interest Rate
7.43%

Purchase Details

Closed on
Nov 10, 1993
Sold by
Minnick Michael and Minnick Zahydee
Bought by
Leung Sin C and Calvillo Nora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,700
Interest Rate
3.25%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mui Lap K $720,000 Chicago Title Company
Ahmed Zubair $250,000 Fidelity Title Company
Ahmed Zubair $633,000 New Century Title Company
Ahmed Masood -- New Century Title Company
Yee William H $542,000 New Century Title Co
Leung Sin C -- Santa Clara Land Title Co
Leung Sin C $283,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mui Lap K $350,000
Previous Owner Ahmed Zubair $500,000
Previous Owner Ahmed Zubair $506,400
Previous Owner Yee William H $433,600
Previous Owner Leung Sin C $262,500
Previous Owner Leung Sin C $254,700
Closed Ahmed Zubair $63,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/21/2012 09/21/12 Sold $720,000 +4.0% $382 / Sq Ft
08/27/2012 08/27/12 Pending -- -- --
08/17/2012 08/17/12 For Sale $692,000 -- $367 / 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 $10,124 $886,618 $443,309 $443,309
2024 $10,124 $869,234 $434,617 $434,617
2023 $10,091 $852,192 $426,096 $426,096
2022 $10,048 $835,484 $417,742 $417,742
2021 $9,902 $819,102 $409,551 $409,551
2020 $9,729 $810,704 $405,352 $405,352
2019 $9,617 $794,808 $397,404 $397,404
2018 $9,131 $779,224 $389,612 $389,612
2017 $9,012 $763,946 $381,973 $381,973
2016 $8,647 $748,968 $374,484 $374,484
2015 $8,559 $737,718 $368,859 $368,859
2014 $8,330 $723,268 $361,634 $361,634
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2012

    Alam Mustafa

    KW Advisors

    (510) 796-7900

    4 Total Sales

    Alam Mustafa
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Map

Source: MLSListings

MLS Number: ML81230859

MLSListings

APN: 022-43-053

California Santa Clara County Milpitas 95035

1198 Seaside Way, Milpitas, CA

Not Listed for Sale

Detached

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