NOT LISTED FOR SALE

1502 Michael Ct Milpitas, CA 95035

Estimated Value: $1,751,210 - $2,187,000

3 Beds
2 Baths
1,485 Sq Ft
$1,298/Sq Ft Est. Value

Last Sold October 06, 2014

Last sale price $870,000 $586 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $11,096/month

6 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Breakfast Area or Nook
  • William Burnett Elementary School Rated A
  • Vaulted Ceiling
  • Skylights

About This Home

As of October 2014

This is an "As is" sale. This is a 6 yr-old New Custom Rebuilt Home (foundation is original) - rebuilt in 2008. The newest home in the most beautiful foothill Milpitas neighborhood. Contemporary/Modern Design w/too many custom features to list such as Gourmet Kitchen w/ Thermador appliances, ARAN Cucine Cabinetry (Made in Italy), Whole house LED-ready Contemporary Lighting, and more, more, more.

Last Agent to Sell the Property

Merben David

Merben David, Broker License #01315670 Listed on: 09/05/2014

Last Buyer's Agent

Merben David

Merben David, Broker License #01315670 Listed on: 09/05/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,892

Year Built

  • Built in 1984

Lot Details

  • Security Fence
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Off-Street Parking

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Ceiling Insulation
  • Shingle Roof

Interior Spaces

  • 1,485 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Living Room with Fireplace
  • Open Floorplan

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Freezer
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Dual Flush Toilets
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower

Home Security

  • Security System Owned
  • Fire and Smoke Detector

Eco-Friendly Details

  • Energy-Efficient Insulation

Utilities

  • Forced Air Heating and Cooling System
  • Thermostat
  • Water Softener is Owned
  • Sewer Within 50 Feet
  • Satellite Dish
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 029-43-072

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,892

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Age: 30
  • Sale Price Per Sq Ft: 585.86
  • Listing Class: Residential
  • Structure Sq Ft: 1485
  • Incorporated: Yes
  • Map Book Page: 794
  • Map Side Coordinate: 5
  • Map Top Coordinate: C
  • Thomas Bros Page: 794
  • Thomas Brothers: C5
  • Year Built: 1984
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Living Room, Gas Starter, Yes
  • Dining Room: Dining Area in Living Room, Dining Area in Family Room, Breakfast Nook
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Freezer, Oven - Self Cleaning, Oven Range - Built-In, Hookups - Gas
  • Living Sq Ft: 1485
  • Stories: 1
  • Security: Security Alarm - Owned, Fire Alarm, Security Fence
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Laminate
  • Maximum Bathrooms: 2
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 2
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower - 2+, Dual Flush Toilet

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Pool - No
  • Roof: Shingle
  • View: Mountains, Local/Neighborhood
  • Yard/Grounds: Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stone, Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking

Utilities

  • Cooling System: Central AC
  • Heating System: Fireplace, Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling, Vaulted Ceiling

Schools

  • School District: Milpitas Unified
  • Elementary School: William Burnett Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 279
  • Middle School: 291

Lot Info

  • Parcel Number: 029-43-072
  • Lot Location: Court
  • List Price per Sq Ft: 572.32
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6180.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 6180.00
  • Lot Size Area Min Search: 6180.00
  • Maximum Lot Size: 6180.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Ceiling Insulation, Walls Insulated, Low Flow Toilet, Double Pane Windows, Skylight, Thermostat Controller, Ceiling Fan(s)

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: William Burnett Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 5, 2014
Closed on
Sep 30, 2014
Sold by
David Merben D
Bought by
Thanh La & Victoria Vuong Family Trust and Lathanh
Seller's Agent
Merben David
Merben David, Broker
Buyer's Agent
Merben David
Merben David, Broker
List Price
$849,888
Sold Price
$870,000
Premium/Discount to List
$20,112
2.37%
Current Estimated Value
$1,926,803

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,056,803
Avg. Annual Appreciation
7.45%
Original Mortgage
$696,000
Outstanding Balance
$532,995
Interest Rate
4.07%
Mortgage Type
New Conventional
Estimated Equity
$1,393,808

Purchase Details

Closed on
Apr 25, 2007
Sold by
Lee Paul Yuan Chiang and Lee Ann Bao
Bought by
David Merben D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2006
Sold by
David Joanne G
Bought by
David Merben D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$71,300
Interest Rate
6.17%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 27, 1998
Sold by
Lee Yuan C and Lee Ann B
Bought by
Lee Paul Yuan Chiang and Lee Ann Bao
Source: Public Records

Range of Values:

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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
Thanh La & Victoria Vuong Family Trust $870,000 Fidelity National Title Co
David Merben D $713,000 Old Republic Title Company
David Merben D -- Old Republic Title Company
Lee Paul Yuan Chiang -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thanh La & Victoria Vuong Family Trust $696,000
Previous Owner David Merben D $570,400
Previous Owner David Merben D $71,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2014 10/06/14 Sold $870,000 +2.4% $586 / Sq Ft
09/11/2014 09/11/14 Pending -- -- --
09/05/2014 09/05/14 For Sale $849,888 -- $572 / 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 $11,892 $1,045,596 $522,798 $522,798
2024 $11,892 $1,025,096 $512,548 $512,548
2023 $11,854 $1,004,998 $502,499 $502,499
2022 $11,804 $985,294 $492,647 $492,647
2021 $11,632 $965,976 $482,988 $482,988
2020 $11,428 $956,072 $478,036 $478,036
2019 $11,296 $937,326 $468,663 $468,663
2018 $10,723 $918,948 $459,474 $459,474
2017 $10,583 $900,930 $450,465 $450,465
2016 $10,155 $883,266 $441,633 $441,633
2015 $10,051 $870,000 $435,000 $435,000
2014 $8,225 $715,000 $357,500 $357,500
Source: Public Records

Agents Affiliated with this Home

  • Merben David

    Seller's Agent in 2014

    Merben David

    Merben David, Broker

    (650) 305-5323

    3 Total Sales

    Merben David
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Map

Source: MLSListings

MLS Number: ML81432281

MLSListings

APN: 029-43-072

California Santa Clara County Milpitas 95035

1502 Michael Ct, Milpitas, CA

This home is located at 1502 Michael Ct, Milpitas, CA 95035 since 05 September 2014 and is currently estimated at $1,926,803, approximately $1,297 per square foot. This property was built in 1984. 1502 Michael Ct is a home located in Santa Clara County with nearby schools including William Burnett Elementary School, Thomas Russell Middle School, and Milpitas High School.

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