NOT LISTED FOR SALE

1576 Stemel Way Milpitas, CA 95035

Estimated Value: $1,996,000 - $2,265,000

4 Beds
2.5 Baths
2,097 Sq Ft
$1,003/Sq Ft Est. Value

Last Sold July 02, 2019

Last sale price $1,325,000 $632 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $12,406/month

12 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Balcony
  • William Burnett Elementary School Rated A
  • Solid Surface Bathroom Countertops
  • 2 Car Attached Garage

About This Home

As of July 2019

GORGEOUS RIDGEVIEW DEVELOPMENT! FABULOUS TWO-STORY FLOORPLAN, CUSTOM INTERIOR PAINT, VAULTED CEILINGS* NEWER CARPET, GLEAMING ENGINEERED HARDWOOD FLOORING* DBL PANE WINDOWS, TILE COUNTERTOP IN KITCHEN, CUSTOM WOOD CABINETS* WALK-IN PANTRY, RECESSED LIGHTING, NEW LINOLEUM FLOORING* FORMAL LIVING ROOM, SPACIOUS DINING AREA* SEPARATE FAMILY ROOM, FIREPLACE, STONE HEARTH, CEILING FAN WITH LIGHT* UPDATED BATHS, NEWER LIGHT/WATER FIXTURES, TILE FLOORING, COPPER PLUMBING* PEACEFUL MBR, TWO CLOSETS, ONE WALK-IN/ORGANIZED, HIGH-SPEED INTERNET AND TV CONNECTIONS* CUSTOM WINDOW COVERINGS, PLANTATION SHUTTERS, NEWER COMPOSITION SHINGLE ROOF* CUSTOM EXTERIOR PAINT, STONE PAVER FRONT PATIO, ATTACHED TWO-CAR GARAGE* PRISTINE LANDSCAPE, PATIO, RAISED PLANTER BOXES* SHED, SERENE SETTING, MOUNTAIN VIEWS, MUST SEE!

Last Agent to Sell the Property

Debbie Rossetto

Legacy Real Estate & Associates License #00985361 Listed on: 05/17/2019

Co-Listed By

Noreen Ahmad

Elite Realty Services License #01985374

Last Buyer's Agent

Atma Dayal

Universal Realty License #01156463

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,492

Year Built

  • Built in 1978

Lot Details

  • 6,368 Sq Ft Lot
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,097 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Family Room with Fireplace
  • Dining Area
  • Mountain Views
  • Electric Dryer Hookup

Kitchen

  • Electric Oven
  • Microwave
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Solid Surface Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony
  • Shed

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 029-42-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,492

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 41
  • Listing Class: Residential
  • Structure Sq Ft: 2097
  • Incorporated: Yes
  • Year Built: 1978
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Tile, Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric
  • Living Sq Ft: 2097
  • Stories: 2
  • Laundry: Electricity Hookup (220V)
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s), Shower over Tub - 1, Solid Surface, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn, Storage Shed / Structure

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling, Walk-in Closet

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: 029-42-055
  • Lot Acres: 0.1462
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6367.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6367.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

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
May 17, 2019
Closed on
Jul 17, 2019
Sold by
Jain Punit and Jain Meghana
Bought by
Jain Punit and Jain Meghana
Seller's Agent
Debbie Rossetto
Legacy Real Estate & Associates
Buyer's Agent
Atma Dayal
Universal Realty
List Price
$1,198,888
Sold Price
$1,325,000
Premium/Discount to List
$126,112
10.52%
Current Estimated Value
$2,103,602

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$778,602
Avg. Annual Appreciation
7.59%
Original Mortgage
$927,500
Outstanding Balance
$815,555
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,288,047

Purchase Details

Listed on
May 17, 2019
Closed on
Jul 1, 2019
Sold by
Milbourne Joshua K and Milbourne Anne M
Bought by
Jain Punit and Jain Meghana
Seller's Agent
Debbie Rossetto
Legacy Real Estate & Associates
Buyer's Agent
Atma Dayal
Universal Realty
List Price
$1,198,888
Sold Price
$1,325,000
Premium/Discount to List
$126,112
10.52%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$927,500
Outstanding Balance
$815,555
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$1,288,047

Purchase Details

Closed on
Apr 3, 2007
Sold by
Jacobs Mitchell Alan and Jacobs Toni Marie
Bought by
Milbourne Joshua K and Milbourne Anne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Jain Punit -- None Available
Jain Punit $1,325,000 Chicago Title Company
Milbourne Joshua K $781,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Punit $927,500
Previous Owner Milbourne Joshua K $406,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2019 07/02/19 Sold $1,325,000 +10.5% $632 / Sq Ft
05/30/2019 05/30/19 Pending -- -- --
05/17/2019 05/17/19 For Sale $1,198,888 -- $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 $16,492 $1,449,076 $941,846 $507,230
2024 $16,492 $1,420,664 $923,379 $497,285
2023 $16,442 $1,392,809 $905,274 $487,535
2022 $16,372 $1,365,500 $887,524 $477,976
2021 $16,135 $1,338,726 $870,122 $468,604
2020 $14,853 $1,240,000 $805,900 $434,100
2019 $11,304 $938,010 $469,005 $469,005
2018 $10,730 $919,618 $459,809 $459,809
2017 $10,591 $901,588 $450,794 $450,794
2016 $10,163 $883,910 $441,955 $441,955
2015 $10,059 $870,634 $435,317 $435,317
2014 $8,632 $751,000 $375,500 $375,500
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81752639

MLSListings

APN: 029-42-055