NOT LISTED FOR SALE

1487 Platt Ave Milpitas, CA 95035

Estimated Value: $1,579,000 - $1,803,000

4 Beds
2 Baths
1,690 Sq Ft
$1,027/Sq Ft Est. Value

Last Sold March 16, 2015

Last sale price $785,000 $464 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $10,574/month

9 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Tile Countertops
  • John Sinnott Elementary School Rated A
  • Balcony
  • 2-minute walk to Murphy Park

About This Home

As of March 2015

Light, Bright, Beautiful two-story home in a quiet, low-traffic neighborhood*View of mtns, Walking distance Murphy Park*Kitchen w/built in Oven, Jenn-Air Cooktop, stainless Dishwasher, Walk in Pantry*Living Room w/Plantation shutters, FP*Hardwood floors in LR, Hallway, Stairs and Bedrooms*2 Bedrooms, 1 Bath Downstairs* 2 Bedrooms w/cedar closet floor, 1 Bath upstairs*Large garage w/elec door*Comp Shingle Roof*Milpitas Schools: Sinnott Elem (API 927), Rancho Milpitas Middle (API 857), Milpitas HS (API 830)

Last Agent to Sell the Property

Wayne Haraguchi

Referral Realty License #00958201 Listed on: 02/11/2015

Referral Realty

Last Buyer's Agent

Caroline Hobbs

Reward Realty License #01901869

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,840

Year Built

  • Built in 1964

Lot Details

  • 6,360 Sq Ft Lot
  • Back Yard Fenced
  • Level Lot
  • Zoning described as R1PU

Parking

  • 2 Car Garage

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,690 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Dining Area
  • Mountain Views
  • Crawl Space

Kitchen

  • Electric Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Balcony
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 088-30-004

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,840

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Age: 51
  • Listing Class: Residential
  • Structure Sq Ft: 1690
  • Year Built: 1964
  • Zoning Description: R1PU
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Electric, Countertop - Tile, Dishwasher, Pantry
  • Living Sq Ft: 1690
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Crawl Space
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Balcony / Patio, Fenced
  • Fencing: Fenced Back
  • Construction Type: Wood Frame

Garage/Parking

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

Utilities

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

Schools

  • School District: Milpitas Unified
  • Elementary School: John Sinnott Elementary
  • Middle School: Rancho Milpitas Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 287
  • Middle School: 283

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 088-30-004
  • Lot Acres: 0.1460
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6360.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6360.00

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

Listed on
Feb 11, 2015
Closed on
Mar 4, 2015
Sold by
Goddard Yolanda Gamero
Bought by
Gopal Shanmugam Basu M and Rajendran Sabaritha
Seller's Agent
Wayne Haraguchi
Referral Realty
Buyer's Agent
Caroline Hobbs
Reward Realty
List Price
$699,000
Sold Price
$785,000
Premium/Discount to List
$86,000
12.3%
Current Estimated Value
$1,774,931

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$989,931
Avg. Annual Appreciation
8.20%
Original Mortgage
$485,000
Interest Rate
3.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2014
Sold by
Gamero Suzette M
Bought by
Gamero Suzette Michaud
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
Gopal Shanmugam Basu M $785,000 Old Republic Title Company
Gamero Suzette Michaud -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shanmugam Basu M Gopal $370,000
Closed Shanmugam Basu M Gopal $190,000
Closed Shanmugam Basu M Gopal $143,000
Closed Gopal Shanmugam Basu M $485,000
Previous Owner Gamero Suzette M $82,500
Previous Owner Gamero Suzette M $95,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2015 03/16/15 Sold $785,000 +12.3% $464 / Sq Ft
02/20/2015 02/20/15 Pending -- -- --
02/11/2015 02/11/15 For Sale $699,000 -- $414 / 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 $10,840 $943,442 $707,525 $235,917
2024 $10,840 $924,944 $693,652 $231,292
2023 $10,806 $906,808 $680,051 $226,757
2022 $10,762 $889,028 $666,717 $222,311
2021 $10,607 $871,597 $653,645 $217,952
2020 $10,423 $862,661 $646,943 $215,718
2019 $10,304 $845,747 $634,258 $211,489
2018 $9,784 $829,165 $621,822 $207,343
2017 $9,658 $812,908 $609,630 $203,278
2016 $9,269 $796,970 $597,677 $199,293
2015 $1,036 $69,352 $20,352 $49,000
2014 $993 $67,995 $19,954 $48,041
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81450300

MLSListings

APN: 088-30-004