NOT LISTED FOR SALE

1450 Olympic Dr Milpitas, CA 95035

Estimated Value: $1,790,000 - $2,051,000

5 Beds
2.5 Baths
1,769 Sq Ft
$1,070/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $1,501,000 $849 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,425/month

11 Days on Market

Highlights

  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • Wood Burning Fireplace
  • John Sinnott Elementary School Rated A
  • Forced Air Heating System
  • 4-minute walk to Murphy Park

About This Home

As of March 2021

Excellent Family Home in Great Park Town Neighborhood with Great Schools! Walk to award winning Sinnott Elementary and Rancho Middle school. 5 Bedroom, 2.5 Bath Home. Hardwood Floors in all Bedrooms and Living areas. Roof over the Screen Room is 6 years Old. Screen Room with New Roof also. Large Enclosed Patio Room. Home is mostly original condition. House Roof is approximately 15 years Old with 20+ years remaining life. A Little work and you will have a fine Home for Your Family.

Last Agent to Sell the Property

Gabriel Reyes

Intero Real Estate Services License #00911855 Listed on: 02/21/2021

Intero Real Estate Services

Last Buyer's Agent

Amar Realtor

Keller Williams Palo Alto License #01889230

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • 1964

Lot Details

  • 5,528

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,769 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room

Bedrooms and Bathrooms

  • 5 Bedrooms

Additional Features

  • 5,528 Sq Ft Lot
  • Forced Air Heating System

Home Details

Home Type

Single Family

Year Built

1964

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1PU
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1769
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1964

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook
  • Fireplace: Yes
  • Living Sq Ft: 1769
  • Stories: 2
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition

Garage/Parking

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

Utilities

  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer Connected

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.1269
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5526.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5526.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2021
Closed on
Apr 1, 2021
Sold by
Rosswell Cummings John
Bought by
Cummings Family Trust
Seller's Agent
Gabriel Reyes
Intero Real Estate Services
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$1,199,000
Sold Price
$1,501,000
Premium/Discount to List
$302,000
25.19%
Current Estimated Value
$1,892,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,153
Avg. Annual Appreciation
4.95%
Original Mortgage
$1,125,002
Outstanding Balance
$1,009,337
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$882,816

Purchase Details

Listed on
Feb 21, 2021
Closed on
Mar 24, 2021
Sold by
Rosswell Cummings John
Bought by
Cummings Family Trust
Seller's Agent
Gabriel Reyes
Intero Real Estate Services
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$1,199,000
Sold Price
$1,501,000
Premium/Discount to List
$302,000
25.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,002
Outstanding Balance
$1,009,337
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$882,816

Purchase Details

Listed on
Feb 21, 2021
Closed on
Mar 22, 2021
Sold by
Cummings Donna F and The Cummings Family Trust
Bought by
Gangumalla Uma Maheswara Rao and Gangumalla Tulasi
Seller's Agent
Gabriel Reyes
Intero Real Estate Services
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$1,199,000
Sold Price
$1,501,000
Premium/Discount to List
$302,000
25.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,125,002
Outstanding Balance
$1,009,337
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$882,816

Purchase Details

Closed on
Oct 29, 2002
Sold by
Cummings John R and Cummings Donna F
Bought by
Cummings John R and Cummings Donna F

Purchase Details

Closed on
Mar 21, 1996
Sold by
Cummings John R and Cummings Donna F
Bought by
Cummings John R and Cummings Donna F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.98%
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
Cummings Family Trust -- --
Cummings Family Trust -- --
Gangumalla Uma Maheswara Rao $1,500,500 Orange Coast Ttl Co Of Nocal
Cummings John R -- None Available
Cummings John R -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gangumalla Uma Maheswara Rao $1,125,002
Previous Owner Cummings John R $60,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2021 03/30/21 Sold $1,501,000 +0.1% $849 / Sq Ft
03/05/2021 03/05/21 Price Changed $1,499,000 +25.0% $847 / Sq Ft
03/05/2021 03/05/21 Pending -- -- --
02/21/2021 02/21/21 For Sale $1,199,000 -- $678 / 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 $18,375 $1,623,649 $1,136,553 $487,096
2024 $18,375 $1,591,814 $1,114,268 $477,546
2023 $18,320 $1,560,603 $1,092,420 $468,183
2022 $18,241 $1,530,003 $1,071,000 $459,003
2021 $1,914 $152,704 $43,914 $108,790
2020 $1,880 $151,139 $43,464 $107,675
2019 $1,859 $148,176 $42,612 $105,564
2018 $1,769 $145,272 $41,777 $103,495
2017 $1,745 $142,424 $40,958 $101,466
2016 $1,667 $139,632 $40,155 $99,477
2015 $1,648 $137,535 $39,552 $97,983
2014 $1,586 $134,842 $38,778 $96,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81830793

MLSListings

APN: 088-30-027