NOT LISTED FOR SALE

1240 Torres Ave Milpitas, CA 95035

Estimated Value: $1,551,000 - $1,593,000

3 Beds
2 Baths
1,216 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold November 13, 2024

Last sale price $1,590,000 $1,308 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $9,328/month

20 Days on Market

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • Solar owned by a third party
  • William Burnett Elementary School Rated A
  • Eat-In Kitchen
  • 3-minute walk to Cardoza Park

About This Home

As of November 2024

The home you have been waiting for. It's all brand new. New roof & gutters, new solar system, new furnace, new electrical, new plumbing, new windows & sliders, new doors, new floors & baseboards, new bathrooms, new kitchen & appliances, new concrete driveway and walkways, and a new garage door opener. Move in and enjoy great views of the foothills and walk to Bay View Golf Course, as well as shopping centers with easy access to highways to the bay area.

Last Agent to Sell the Property

Warren Newsome

Real Estate 38 License #01419427 Listed on: 09/19/2024

Last Buyer's Agent

Kaajal Shahani

Intero Real Estate Services License #01380743

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 5,663 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,216 Sq Ft Home
  • 1-Story Property

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Dual Sinks

Laundry

  • Laundry in Garage
  • Gas Dryer Hookup

Additional Features

  • Solar owned by a third party
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 029-11-039

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: 1216
  • Year Built: 1971
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher
  • Living Sq Ft: 1216
  • Stories: 1
  • Laundry: Gas Hookup, In Garage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Granite

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Parcel Number: 029-11-039
  • Lot Acres: 0.1300
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5663.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5663.00

Multi Family

  • Utilities: Solar Panels - Leased

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 19, 2024
Closed on
Nov 6, 2024
Sold by
Newsome Properties
Bought by
Surakanti Priyanka Kasinath and Pailla Priyatham Reddy
Seller's Agent
Warren Newsome
Real Estate 38
Buyer's Agent
Kaajal Shahani
Intero Real Estate Services
List Price
$1,598,888
Sold Price
$1,590,000
Premium/Discount to List
-$8,888
-0.56%
Views
27
Current Estimated Value
$1,578,949

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,051
Avg. Annual Appreciation
-0.62%
Original Mortgage
$1,272,000
Outstanding Balance
$1,258,429
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$320,520

Purchase Details

Closed on
Feb 13, 2024
Sold by
Gaws Emit and Gaws Claudia
Bought by
Newsome Properties

Purchase Details

Closed on
Sep 26, 2023
Sold by
Gaws Emit
Bought by
Newsome Claudia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$969,500
Interest Rate
7.23%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 5, 2004
Sold by
Madsen Richard Craig
Bought by
Madsen Debra M
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
Surakanti Priyanka Kasinath $1,590,000 Old Republic Title
Newsome Properties -- Old Republic Title
Gaws Emit -- Old Republic Title
Newsome Claudia -- Old Republic Title
Newsome Claudia $646,500 Old Republic Title
Madsen Debra M -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Surakanti Priyanka Kasinath $1,272,000
Previous Owner Newsome Claudia $969,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/13/2024 11/13/24 Sold $1,590,000 -0.6% $1,308 / Sq Ft
10/10/2024 10/10/24 Pending -- -- --
09/19/2024 09/19/24 For Sale $1,598,888 +52.3% $1,315 / Sq Ft
05/25/2022 05/25/22 Sold $1,050,000 0.0% $1,029 / Sq Ft View Prior Sale
05/25/2022 05/25/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $1,050,000 -- $1,029 / 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 $12,946 $1,590,000 $1,200,000 $390,000
2024 $12,946 $1,110,289 $985,586 $124,703
2023 $12,702 $1,071,000 $969,000 $102,000
2022 $4,417 $359,223 $147,017 $212,206
2021 $4,352 $352,181 $144,135 $208,046
2020 $4,276 $348,571 $142,658 $205,913
2019 $4,228 $341,737 $139,861 $201,876
2018 $4,019 $335,037 $137,119 $197,918
2017 $3,967 $328,469 $134,431 $194,038
2016 $3,803 $322,030 $131,796 $190,234
2015 $3,764 $317,194 $129,817 $187,377
2014 $3,652 $310,982 $127,275 $183,707
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81980865

MLSListings

APN: 029-11-039