NOT LISTED FOR SALE

1199 Torres Ave Milpitas, CA 95035

Estimated Value: $1,324,000 - $1,618,000

3 Beds
2 Baths
1,398 Sq Ft
$1,066/Sq Ft Est. Value

Last Sold December 02, 2016

Last sale price $800,000 $572 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $8,628/month

11 Days on Market

Highlights

  • Deck
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • William Burnett Elementary School Rated A
  • Granite Countertops
  • 4-minute walk to Cardoza Park

About This Home

As of December 2016

Charming Single Story Home to Make Your Own*Granite Top Counter tops*Separate Family Room with Vaulted Ceilings*Laminate Flooring*Deck in Front & Back- Great for Entertaining*Custom Interior Paint with wall texturing*New Exterior Stucco*New Roof*2 Car Garage*Convenient Location Close to School, Park & Freeways*Must See!

Last Agent to Sell the Property

Malik Husain

Intero Real Estate Services License #00987513 Listed on: 10/21/2016

Intero Real Estate Services

Last Buyer's Agent

Lavanya Duvvi

Intero Real Estate Services License #01901376

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 6,011 Sq Ft Lot
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,398 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Family or Dining Combination
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 029-11-055

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1398
  • Incorporated: Yes
  • Year Built: 1971
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining "L", Dining Area in Family Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Oven - Gas, Pantry Cabinet
  • Living Sq Ft: 1398
  • Stories: 1
  • Laundry: Hookups Only
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower and Tub, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • Yard/Grounds: Deck, Low Maintenance

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Schools

  • High School: 293

Lot Info

  • Parcel Number: 029-11-055
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5998.21
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5998.21

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: William Burnett Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 19, 2022
Sold by
Korvipati Satheesh Kumar and Korvipati Usharani
Bought by
Korvipati Family Trust and Korvipati
Current Estimated Value
$1,490,372

Purchase Details

Closed on
Jan 7, 2021
Sold by
Korvipati Satheesh Kumar and Korvipati Usharani
Bought by
Korvipati Satheesh Kumar and Korvipati Usharani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$708,500
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 21, 2016
Closed on
Nov 10, 2016
Sold by
Mackey James E
Bought by
Korvipati Satheesh and Korvipati Usharani
Seller's Agent
Malik Husain
Intero Real Estate Services
Buyer's Agent
Lavanya Duvvi
Intero Real Estate Services
List Price
$738,000
Sold Price
$800,000
Premium/Discount to List
$62,000
8.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.03%
Original Mortgage
$80,000
Interest Rate
3.54%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 3, 2002
Sold by
Mackey Deborah A
Bought by
Mackey James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$205,000
Interest Rate
6.78%

Purchase Details

Closed on
Jan 6, 1997
Sold by
Mackey Deborah A
Bought by
Mackey James E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.53%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Korvipati Family Trust -- None Listed On Document
Korvipati Satheesh Kumar -- Fidelity National Title Co
Korvipati Satheesh $800,000 Old Republic Title Company
Mackey James E -- Old Republic Title
Mackey James E -- North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Korvipati Satheesh Kumar $708,500
Previous Owner Korvipati Satheesh $80,000
Previous Owner Korvipati Satheesh $640,000
Previous Owner Mackey James E $205,000
Previous Owner Mackey James E $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2016 12/02/16 Sold $800,000 +8.4% $572 / Sq Ft
11/02/2016 11/02/16 Pending -- -- --
10/21/2016 10/21/16 For Sale $738,000 -- $528 / 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 $10,660 $928,462 $603,501 $324,961
2024 $10,660 $910,258 $591,668 $318,590
2023 $10,627 $892,411 $580,067 $312,344
2022 $10,584 $874,914 $568,694 $306,220
2021 $10,431 $857,760 $557,544 $300,216
2020 $10,249 $848,966 $551,828 $297,138
2019 $10,133 $832,320 $541,008 $291,312
2018 $9,621 $816,000 $530,400 $285,600
2017 $9,497 $800,000 $520,000 $280,000
2016 $1,423 $104,788 $24,762 $80,026
2015 $1,409 $103,215 $24,391 $78,824
2014 $1,356 $101,194 $23,914 $77,280
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Malik Husain

    Intero Real Estate Services

    Section Image

  • L

    Buyer's Agent in 2016

    Lavanya Duvvi

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81629476

MLSListings

APN: 029-11-055

California Santa Clara County Milpitas 95035

1199 Torres Ave, Milpitas, CA

Not Listed for Sale

Detached

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