Seller's Agent in 2024
Claire Zhou
Compass
(650) 245-5698
2 in this area
84 Total Sales
1240 Olympic Dr Milpitas, CA 95035
Estimated Value: $1,897,947 - $2,016,000
4
Beds
2
Baths
1,504
Sq Ft
$1,299/Sq Ft
Est. Value
Highlights
- Secluded Lot
- Quartz Countertops
- Forced Air Heating System
- John Sinnott Elementary School Rated A
- 2 Car Attached Garage
- 1-minute walk to Creighton Park
About This Home
As of April 2024Nestled near the foothills of Milpitas in a highly desirable neighborhood, this gorgeous single-story home offers a great layout, abundant natural light, a spacious inviting living room, a separate family room with a fireplace and sliding door to the patio, an updated modern kitchen with quartz countertops and stainless-steel appliances, four decent-sized bedrooms, and two remodeled bathrooms with modern designs. The landscaped front and back yards boast mature fruit trees producing tasty organic fruits year-round and a well-designed gazebo for outdoor relaxation. This home is centrally located just minutes from downtown Milpitas, the Great Mall, shopping & restaurants, many high-tech companies, and major freeways. It's also within the boundaries of top-rated schools including Sinnott, Rancho & Milpitas High. Amazing parks just down the street!
Home Details
Home Type
- Single Family
Year Built
- Built in 1970
Lot Details
- Wood Fence
- Back Yard Fenced
- Secluded Lot
- Zoning described as R16
Parking
- 2 Car Attached Garage
Home Design
- Composition Roof
- Concrete Perimeter Foundation
Interior Spaces
- 1,504 Sq Ft Home
- 1-Story Property
- Wood Burning Fireplace
- Separate Family Room
Kitchen
- Gas Oven
- Gas Cooktop
- Range Hood
- Dishwasher
- Quartz Countertops
- Disposal
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Full Bathrooms
Laundry
- Laundry in Garage
- Washer and Dryer
Utilities
- Forced Air Heating System
- Vented Exhaust Fan
Listing and Financial Details
- Assessor Parcel Number 088-32-030
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 14, 2024
Closed on
Mar 28, 2024
Sold by
An Xinghua and Zhao Rong
Bought by
Gopalaswamy Babithanjali and Shekar Yogesh
Seller's Agent
Claire Zhou
Compass
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$1,575,000
Sold Price
$1,960,002
Premium/Discount to List
$385,002
24.44%
Views
88
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,015
Avg. Annual Appreciation
-0.19%
Original Mortgage
$1,260,000
Outstanding Balance
$1,234,170
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$718,817
Purchase Details
Closed on
Jun 24, 2021
Sold by
An Xinghua
Bought by
An Xinghua and Zhao Rong
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 23, 2007
Sold by
Lee Tae Ho and Lee Woo Nam
Bought by
An Xinghua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,000
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Nov 20, 2002
Sold by
Lee Tae Ho and Lee Woo Nam
Bought by
Lee Tae Ho and Lee Woo Nam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$119,000
Interest Rate
6.28%
Purchase Details
Closed on
May 3, 1999
Sold by
Lee Tae H and Lee Woo N
Bought by
Lee Tae Ho and Lee Woo Nam
Purchase Details
Closed on
Nov 22, 1996
Sold by
Lee Tae H and Lee Woo N
Bought by
Lee Tae Ho and Lee Woo Nam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,000
Interest Rate
7.91%
Mortgage Type
Balloon
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Gopalaswamy Babithanjali | $1,960,500 | Chicago Title | |
| An Xinghua | -- | Wfg National Title Ins Co | |
| An Xinghua | $710,000 | Chicago Title Company Cu | |
| Lee Tae Ho | -- | North American Title Company | |
| Lee Tae Ho | -- | -- | |
| Lee Tae Ho | $41,000 | Chicago Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Gopalaswamy Babithanjali | $1,260,000 | |
| Previous Owner | An Xinghua | $412,000 | |
| Previous Owner | An Xinghua | $151,000 | |
| Previous Owner | An Xinghua | $417,000 | |
| Previous Owner | Lee Tae Ho | $119,000 | |
| Previous Owner | Lee Tae Ho | $127,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/05/2024 04/05/24 | Sold | $1,960,002 | +5.9% | $1,303 / Sq Ft |
| 03/21/2024 03/21/24 | Pending | -- | -- | -- |
| 03/21/2024 03/21/24 | Price Changed | $1,850,000 | +17.5% | $1,230 / Sq Ft |
| 03/14/2024 03/14/24 | For Sale | $1,575,000 | -- | $1,047 / Sq Ft |
Source: MLSListings
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 | $10,718 | $1,999,202 | $1,530,000 | $469,202 |
| 2024 | $10,718 | $914,297 | $669,630 | $244,667 |
| 2023 | $10,685 | $896,370 | $656,500 | $239,870 |
| 2022 | $10,642 | $878,795 | $643,628 | $235,167 |
| 2021 | $10,405 | $861,564 | $631,008 | $230,556 |
| 2020 | $10,223 | $852,730 | $624,538 | $228,192 |
| 2019 | $10,106 | $836,011 | $612,293 | $223,718 |
| 2018 | $9,594 | $819,620 | $600,288 | $219,332 |
| 2017 | $9,470 | $803,550 | $588,518 | $215,032 |
| 2016 | $9,087 | $787,795 | $576,979 | $210,816 |
| 2015 | $8,994 | $775,963 | $568,313 | $207,650 |
| 2014 | $7,682 | $666,000 | $487,800 | $178,200 |
Source: Public Records
Agents Affiliated with this Home
-
Claire Zhou
-
Amar Realtor
Buyer's Agent in 2024
Amar Realtor
Keller Williams Palo Alto
(650) 686-2627
51 in this area
230 Total Sales
Map
Source: MLSListings
MLS Number: ML81957612
APN: 088-32-030
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