NOT LISTED FOR SALE

1383 Olympic Dr Milpitas, CA 95035

Estimated Value: $1,658,000 - $1,723,000

3 Beds
2 Baths
1,484 Sq Ft
$1,135/Sq Ft Est. Value

Last Sold April 08, 2016

Last sale price $942,500 $635 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,869/month

9 Days on Market

Highlights

  • Vaulted Ceiling
  • Granite Countertops
  • Eat-In Kitchen
  • John Sinnott Elementary School Rated A
  • 2 Car Attached Garage
  • 3-minute walk to Creighton Park

About This Home

As of April 2016

Cozy & charming home located in a quiet & wonderful neighborhood. Walking distance to top-rated John Sinnott Elementary and Murphy Park. *Ready to move-in condition* Upgraded from top to bottom including floors, recessed lights, cabinets, counter tops, windows, and many more... Very nice redwood deck in the back yard with fruit trees. Easy access to freeway 680,880, near park, bart station, schools, grocery stores, restaurants...this is 10+

Last Agent to Sell the Property

Jessica Dong

Realty World-SVI Group License #01328264 Listed on: 02/15/2016

Realty World-SVI Group

Last Buyer's Agent

Jerry Zang

BayOne Real Estate Investment Corporation License #01702597

BayOne Real Estate Investment Corporation

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1963

Lot Details

  • 5,706 Sq Ft Lot
  • Zoning described as R1PU

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Wood Frame Construction
  • Composition Roof

Interior Spaces

  • 1,484 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Wood Burning Fireplace
  • Separate Family Room
  • Laminate Flooring
  • Crawl Space

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 088-30-043

Home Details

Home Type

Single Family

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1484
  • Year Built: 1963
  • Zoning Description: R1PU
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Eat in Kitchen
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Oven - Self Cleaning, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1484
  • Stories: 1
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Wet Bar

Schools

  • High School: 293

Lot Info

  • Lot Description: Regular
  • Parcel Number: 088-30-043
  • Lot Acres: 0.1310
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5702.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5702.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: John Sinnott Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 20, 2017
Sold by
Li Jingjing
Bought by
Li Jinging and Li Revocable Trust
Current Estimated Value
$1,684,977

Purchase Details

Listed on
Feb 15, 2016
Closed on
Mar 30, 2016
Sold by
Fu Rao and Wu Yin
Bought by
Li Jingjing
Seller's Agent
Jessica Dong
Realty World-SVI Group
Buyer's Agent
Jerry Zang
BayOne Real Estate Investment Corporation
List Price
$818,000
Sold Price
$942,500
Premium/Discount to List
$124,500
15.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.13%
Original Mortgage
$712,000
Outstanding Balance
$543,568
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,141,409

Purchase Details

Closed on
Mar 21, 2015
Sold by
Fu Rao and Wu Yin
Bought by
The Fu & Wu Family Trust and Wu Yin

Purchase Details

Closed on
Mar 28, 2013
Sold by
Fu Rao
Bought by
Fu Rao and Wu Yin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2013
Sold by
Wu Yin
Bought by
Fu Rao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 15, 2010
Sold by
Carlton Lucy Ann
Bought by
Fu Rao and Wu Yin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2005
Sold by
Carlton Lucy Ann
Bought by
Carlton Lucy Ann
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Li Jinging -- None Available
Li Jingjing $942,500 Fidelity National Title Co
The Fu & Wu Family Trust -- None Available
Fu Rao -- Accommodation
Fu Rao -- Chicago Title Company
Fu Rao $555,000 Chicago Title Company
Carlton Lucy Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Jingjing $712,000
Previous Owner Fu Rao $380,000
Previous Owner Fu Rao $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/08/2016 04/08/16 Sold $942,500 +15.2% $635 / Sq Ft
02/25/2016 02/25/16 Pending -- -- --
02/15/2016 02/15/16 For Sale $818,000 -- $551 / 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 $12,690 $1,115,722 $828,655 $287,067
2024 $12,690 $1,093,846 $812,407 $281,439
2023 $12,649 $1,072,399 $796,478 $275,921
2022 $12,596 $1,051,372 $780,861 $270,511
2021 $12,412 $1,030,757 $765,550 $265,207
2020 $12,195 $1,020,189 $757,701 $262,488
2019 $12,054 $1,000,187 $742,845 $257,342
2018 $11,442 $980,577 $728,280 $252,297
2017 $11,294 $961,350 $714,000 $247,350
2016 $7,044 $600,378 $450,217 $150,161
2015 $6,894 $591,361 $443,455 $147,906
2014 -- $579,778 $434,769 $145,009
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jessica Dong

    Realty World-SVI Group

    Section Image

  • J

    Buyer's Agent in 2016

    Jerry Zang

    BayOne Real Estate Investment Corporation

    Section Image
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Map

Source: MLSListings

MLS Number: ML81550718

MLSListings

APN: 088-30-043

California Santa Clara County Milpitas 95035

1383 Olympic Dr, Milpitas, CA

Not Listed for Sale

Detached

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