NOT LISTED FOR SALE

1394 Tularcitos Dr Milpitas, CA 95035

Estimated Value: $2,860,000 - $3,037,000

4 Beds
2.5 Baths
3,073 Sq Ft
$954/Sq Ft Est. Value

Last Sold July 26, 2017

Last sale price $1,721,000 $560 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $17,329/month

10 Days on Market

Highlights

  • City Lights View
  • 0.45 Acre Lot
  • Formal Dining Room
  • Marshall Pomeroy Elementary School Rated A
  • Fireplace in Primary Bedroom
  • 3 Car Attached Garage

About This Home

As of July 2017

Located in the exclusive gated golf course community of Summitpointe, this spacious SINGLE-STORY home spans approximately 3073 sq. feet of living space and is situated on a huge almost 1/2 acre lot. The extra long & wide driveway accommodates 6-8 parked cars in addition to the attached 3-car garage. Backyard features Redwood deck with beautiful views of Santa Clara valley including downtown San Jose skyline, Levi's Stadium, Moffett Field, & SF bay. Interior amenities include a formal entryway & an open & expansive floor plan with high vaulted ceilings, new interior paint, new carpet, and an extra large living room with a cozy stone hearth fireplace. Spacious master bedroom suite with walk-in closet & master bathroom with dual sinks, jetted tub, and separate shower stall. Adding to the appeal of this outstanding property is its close proximity to Mission Peak hiking trails, Ed Levin County Park, & convenient access to major freeways to the Silicon Valley.

Last Agent to Sell the Property

Omar Ruano

Coldwell Banker Residential Brokerage License #01436163 Listed on: 06/13/2017

Coldwell Banker Residential Brokerage

Co-Listed By

Stephanie Golden

Coldwell Banker Residential Brokerage License #00470080

Last Buyer's Agent

Henry Zhang

Green Valley Realty USA License #01964634

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,116

Year Built

  • Built in 1984

Lot Details

  • 0.45 Acre Lot
  • Zoning described as R1

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Property Views

  • City Lights
  • Golf Course
  • Mountain

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 3,073 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Fireplace in Primary Bedroom

Additional Features

  • Pasture
  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance - common area
  • Summitpointe HOA
  • Built by Summitpointe

Listing and Financial Details

  • Assessor Parcel Number 029-54-006

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,116

Year Built

Built in 1984

Lot Details

0

HOA Fees

$140 per month

Parking

3

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 3073
  • Complex Name: Summitpointe
  • Year Built: 1984
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Primary Bedroom
  • Dining Room: Formal Dining Room
  • Living Sq Ft: 3073
  • Stories: 1
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: City Lights, Golf Course, Mountains, Pasture

Garage/Parking

  • Garage Spaces: 3
  • Garage Parking Features: Attached Garage

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 140
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area
  • H O A Name Text: Summitpointe HOA
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 029-54-006
  • Lot Acres: 0.4500
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 19602.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 19602.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2017
Closed on
Jul 19, 2017
Sold by
Pennington Larry Eugene and Pennington Diana G
Bought by
Lau Frederick and Lau Teresa Kang Yun
Seller's Agent
Omar Ruano
Coldwell Banker Residential Brokerage
Buyer's Agent
Henry Zhang
Green Valley Realty USA
List Price
$1,648,888
Sold Price
$1,721,000
Premium/Discount to List
$72,112
4.37%
Current Estimated Value
$2,931,893

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,210,893
Avg. Annual Appreciation
6.66%
Original Mortgage
$1,376,800
Outstanding Balance
$1,144,516
Interest Rate
3.91%
Mortgage Type
New Conventional
Estimated Equity
$1,787,377

Purchase Details

Closed on
May 6, 2015
Sold by
Pennington Larry Eugene and Pennington Diana G
Bought by
Pennington Family Trust and Pennington Diana G

Purchase Details

Closed on
Jul 19, 2006
Sold by
Pennington Larry Eugene
Bought by
Pennington Larry Eugene and Pennington Diana G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 29, 2006
Sold by
Pennington Diane G
Bought by
Pennington Larry Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
7.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 19, 2004
Sold by
Pennington Larry Eugene and Pennington Diana G
Bought by
Pennington Larry Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$605,000
Interest Rate
5.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2001
Sold by
Pennington Larry Eugene and Pennington Diana G
Bought by
Pennington Larry Eugene and Pennington Diana C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,500
Interest Rate
3.67%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
Lau Frederick $1,721,000 Old Republic Title Company
Pennington Family Trust -- Old Republic Title Company
Pennington Larry Eugene -- None Available
Pennington Larry Eugene -- Ticor Title Company Of Ca
Pennington Larry Eugene -- Alliance Title Company
Pennington Larry Eugene -- Old Republic Title Co
Pennington Larry Eugene -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Frederick $1,376,800
Previous Owner Pennington Larry Eugene $750,000
Previous Owner Pennington Larry Eugene $605,000
Previous Owner Pennington Larry Eugene $186,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/26/2017 07/26/17 Sold $1,721,000 +4.4% $560 / Sq Ft
06/23/2017 06/23/17 Pending -- -- --
06/13/2017 06/13/17 For Sale $1,648,888 -- $537 / 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 $22,116 $1,958,199 $1,365,393 $592,806
2024 $22,116 $1,919,804 $1,338,621 $581,183
2023 $22,048 $1,882,162 $1,312,374 $569,788
2022 $21,952 $1,845,258 $1,286,642 $558,616
2021 $21,632 $1,809,077 $1,261,414 $547,663
2020 $21,253 $1,790,528 $1,248,480 $542,048
2019 $21,022 $1,755,420 $1,224,000 $531,420
2018 $20,011 $1,721,000 $1,200,000 $521,000
2017 $5,664 $468,259 $184,755 $283,504
2016 $5,434 $459,079 $181,133 $277,946
2015 $5,300 $452,184 $178,413 $273,771
2014 -- $443,328 $174,919 $268,409
Source: Public Records

Agents Affiliated with this Home

  • O

    Seller's Agent in 2017

    Omar Ruano

    Coldwell Banker Residential Brokerage

    Section Image

  • S

    Seller Co-Listing Agent in 2017

    Stephanie Golden

    Coldwell Banker Residential Brokerage

    Section Image

  • H

    Buyer's Agent in 2017

    Henry Zhang

    Green Valley Realty USA

    Section Image
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Map

Source: MLSListings

MLS Number: ML81655183

MLSListings

APN: 029-54-006

California Santa Clara County Milpitas 95035

1394 Tularcitos Dr, Milpitas, CA

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