NOT LISTED FOR SALE

1601 Serpa Dr Milpitas, CA 95035

Estimated Value: $2,256,000 - $2,372,000

5 Beds
3.5 Baths
2,087 Sq Ft
$1,107/Sq Ft Est. Value

Last Sold September 29, 2023

Last sale price $2,130,003 $1,021 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $14,169/month

12 Days on Market

Highlights

  • In Ground Pool
  • Solar Power System
  • Mountain View
  • William Burnett Elementary School Rated A
  • Updated Kitchen
  • Contemporary Architecture

About This Home

As of September 2023

Charming “North Facing” Two Story Single Family Located in the Heart of the Milpitas! One of the Better Floorplans in the Neighborhood and Great Views of the Foothills. Featuring 5 Beds and 3.5 Baths with a Spacious In-Law Suite on the Main Level. Updated Kitchen with Granite Top, Refinished Cabinets with New Hardware. All Appliances Included. Formal Living Room with a Fireplace. Formal Dining and Family Room. Updated Bathrooms with New Vanity, Mirror, and LED Light Fixtures. New LED Recess Lights. Fresh Interior and Exterior Paint. Primary Suite with Vaulted Ceiling and Dual Vanity. Generous Size Bedrooms. Dual Pane Windows through that brings in Lots of Natural Lighting. Copper Pipping. Exterior Stucco. Central 1 Zone AC and Heating System. Hardwood Floors. New Designer Carpet. Backyard with an Outdoor Patio Cover, Sink with BBQ Grill Island, and Relax in the Beautiful Swimming Pool with Family n Friends. Landscaped Yard with Paver Stones. Home with an Energy Efficient Tank-less Water Heater and Solar. Attached Two Car Garage with a Extra Wide Driveway and Newer Remote Opener. Minutes to All Attendance Schools, Many of Shopping Centers, Great Mall, Parks, Easy Access 680/880/237, High-Tech Companies, and Some More!

Last Agent to Sell the Property

Tim Wang

Legacy Real Estate & Assoc. License #01930839 Listed on: 08/24/2023

Last Buyer's Agent

Amar Realtor

License #01889230

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,597

Year Built

  • Built in 1978

Lot Details

  • 6,820 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 2-Story Property
  • Insulated Windows
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Formal Dining Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Electric Cooktop
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Pool

  • In Ground Pool

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Bay East Association
  • Built by Home
  • Milpitas Subdivision, Charming Floorplan

Listing and Financial Details

  • Assessor Parcel Number 02942070

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,597

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1978
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.16
  • Subdivision Name: MILPITAS
  • Directions: See Google, Waze, or Other Map Apps
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: Two Story, Two
  • New Construction: No
  • Efficiency: Water Heater, Windows
  • Power Production Type: Photovoltaics
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Hardwood, Laminate, Tile, Carpet
  • Basement: Crawl Space
  • Appliances: Dishwasher, Electric Range, Disposal, Refrigerator, Dryer, Washer, Tankless Water Heater
  • Other Equipment: Other
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: Mirrored Closet Door(s)
  • Fireplace Features: Living Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Interior Amenities: Formal Dining Room, Kitchen/Family Combo, Stone Counters, Updated Kitchen
  • Room Kitchen Features: Counter - Stone, Dishwasher, Electric Range/Cooktop, Garbage Disposal, Refrigerator, Updated Kitchen

Exterior Features

  • Lot Features: Level, Front Yard, Landscape Back, Landscape Front
  • Pool Features: In Ground
  • Pool Private: Yes
  • View: Mountain(s)
  • View: Yes
  • Builder Name: Home
  • Construction Type: Stucco
  • Exterior Features: Backyard, Back Yard, Front Yard, Side Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Parking Features: Attached, Side Yard Access, Garage Door Opener

Utilities

  • Heating: Central
  • Utilities: All Public Utilities
  • Cooling: Central Air
  • Laundry Features: In Garage
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: Photovoltaics Third-Party Owned
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Schools

  • Senior High School District: Santa Clara Unified

Lot Info

  • Lot Size Sq Ft: 6820
  • Parcel Number: 02942070
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2023
Closed on
Sep 15, 2023
Sold by
Jiang Lingyun and Jiang Junhao
Bought by
Shah Mihir and Shah Pooja
Seller's Agent
Tim Wang
Legacy Real Estate & Assoc.
Buyer's Agent
Amar Realtor
List Price
$1,899,800
Sold Price
$2,130,003
Premium/Discount to List
$230,203
12.12%
Views
23
Current Estimated Value
$2,310,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$180,664
Avg. Annual Appreciation
3.99%
Original Mortgage
$1,810,500
Outstanding Balance
$1,769,666
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$541,001

Purchase Details

Listed on
Apr 22, 2016
Closed on
May 26, 2016
Sold by
Vo Dai and Tran Hue
Bought by
Jiang Lingyun and Yang Junhao
Seller's Agent
Timothy Chau
KW Silicon City
Buyer's Agent
Richard Jin
Happy Choice Realty
List Price
$1,099,168
Sold Price
$1,162,000
Premium/Discount to List
$62,832
5.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%
Original Mortgage
$929,600
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2003
Sold by
Vo Dai and Tran Hue
Bought by
Vo Dai and Tran Hue

Purchase Details

Closed on
May 17, 2000
Sold by
Dalisay Pura T and Caballero Jorge L
Bought by
Vo Dai and Tran Hue

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.22%
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
Shah Mihir $2,130,500 Old Republic Title
Jiang Lingyun $1,162,000 Orange Coast Title Co Norcal
Vo Dai -- --
Vo Dai $550,000 Alliance Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shah Mihir $1,810,500
Previous Owner Jiang Lingyun $929,600
Previous Owner Vo Dai $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/04/2025 02/04/25 Off Market $2,130,003 -- --
09/29/2023 09/29/23 Sold $2,130,003 +6.5% $1,021 / Sq Ft
09/07/2023 09/07/23 Price Changed $1,999,800 +5.3% $958 / Sq Ft
09/05/2023 09/05/23 Pending -- -- --
08/24/2023 08/24/23 For Sale $1,899,800 +63.5% $910 / Sq Ft
06/06/2016 06/06/16 Sold $1,162,000 +5.7% $557 / Sq Ft View Prior Sale
04/29/2016 04/29/16 Pending -- -- --
04/22/2016 04/22/16 For Sale $1,099,168 -- $527 / Sq Ft
Source: Bay East Association of REALTORS®

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 $24,597 $2,172,603 $1,632,000 $540,603
2024 $24,597 $2,130,003 $1,600,000 $530,003
2023 $15,540 $1,322,153 $910,262 $411,891
2022 $15,473 $1,296,229 $892,414 $403,815
2021 $15,247 $1,270,814 $874,916 $395,898
2020 $14,980 $1,257,784 $865,945 $391,839
2019 $14,806 $1,233,122 $848,966 $384,156
2018 $14,052 $1,208,944 $832,320 $376,624
2017 $13,869 $1,185,240 $816,000 $369,240
2016 $7,945 $688,008 $324,583 $363,425
2015 $7,864 $677,675 $319,708 $357,967
2014 $7,652 $664,401 $313,446 $350,955
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41037024

Bay East Association of REALTORS®

APN: 029-42-070