NOT LISTED FOR SALE

1612 Stemel Way Milpitas, CA 95035

Estimated Value: $1,945,000 - $2,141,000

4 Beds
2.5 Baths
1,976 Sq Ft
$1,019/Sq Ft Est. Value

Last Sold June 26, 2020

Last sale price $1,339,000 $678 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $11,907/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Tile Countertops
  • William Burnett Elementary School Rated A
  • Cooling Available
  • Tile Flooring

About This Home

As of June 2020

This Meticulously Maintained Single-family Home Has Been Recently Remodeled With Appealing Views! A lot of upgrades: New Drainage System and New Deck and Pavers, Updated Kitchen With Designer Cabinets, Newer Counter Tops, Recessed Lighting, Newer Laminate Flooring, Newer Plush Carpet & Pad, Updated Baths with Single Sink Vanities & Tile Flooring, Copper Plumbing, Central Heating & Cooling, Newer Dual Panel Windows,Newer Roof, Tank-Less Water Heater !Peaceful and quite neighborhood with friendly neighbors.Conveniently located 3 minutes drive to 680, Excellent Schools, Walking distance to Parks, Ranch, Milpitas Recreation Center, Strip mall, etc.

Last Agent to Sell the Property

Liping Zhang

Coldwell Banker Realty License #02049392 Listed on: 05/06/2020

Last Buyer's Agent

Out Of Area Non Member

Bay East Aor

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1978

Lot Details

  • 6,281 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • Contemporary Architecture
  • Composition Shingle Roof
  • Stucco

Interior Spaces

  • 2-Story Property
  • Family Room with Fireplace
  • Tile Countertops
  • Washer and Dryer Hookup

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Cooling Available
  • Forced Air Heating System

Community Details

  • No Home Owners Association
  • Milpitas Subdivision

Listing and Financial Details

  • Assessor Parcel Number 02942058

Home Details

Home Type

Single Family

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 1978
  • Property Sub Type: Detached
  • Prop. Type: Residential
  • Subdivision Name: Milpitas
  • Directions: evans rd- stemel way
  • Architectural Style: Contemporary
  • Garage Yn: Yes
  • Unit Levels: Two Story
  • New Construction: No
  • remarks11: Text LA Serena 5105998948 for info/disclosure. Offers if any, please email to serenacheung11@gmail.com. Offer due 5/20 1pm. Combo at the property, text for code.
  • remarks22: Liping Zhang - 510-599-8948 - This Meticulously Maintained Single-family Home Has Been Recently Remodeled With Appealing Views! A lot of upgrades: New Drainage System and New Deck and Pavers, Updated Kitchen With Designer Cabinets, Newer Counter Tops, Recessed Lighting, Newer Laminate Flooring, Newer Plush Carpet & Pad, Updated Baths with Single Sink Vanities & Tile Flooring, Copper Plumbing, Central Heating & Cooling, Newer Dual Panel Windows,Newer Roof, Tank-Less Water Heater !Peaceful and quite neighborhood with friendly neighbors.Conveniently located 3 minutes drive to 680, Excellent Schools, Walking distance to Parks, Ranch, Milpitas Recreation Center, Strip mall, etc.
  • Special Features: None

Interior Features

  • Flooring: Laminate, Tile, Carpet
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Fireplaces: 1
  • Fireplace: Yes
  • Room Kitchen Features: Counter - Tile

Exterior Features

  • Roof: Composition Shingles
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Heating: Forced Air
  • Laundry Features: Hookups Only
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6281
  • Parcel Number: 02942058

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
Jun 22, 2020
Sold by
Ma Tao and Zhao Juanjuan
Bought by
Vasudevan Gautam and Narayanan Radhika
Seller's Agent
Liping Zhang
Coldwell Banker Realty
Buyer's Agent
Out Of Area Non Member
Bay East Aor
List Price
$1,349,000
Sold Price
$1,339,000
Premium/Discount to List
-$10,000
-0.74%
Current Estimated Value
$2,013,658

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$674,658
Avg. Annual Appreciation
7.67%
Original Mortgage
$1,000,000
Outstanding Balance
$886,423
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,127,235

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 16, 2017
Sold by
Baynard Di
Bought by
Ma Tao and Zhao Juanjuan
Seller's Agent
Malik Husain
Intero Real Estate Services
Buyer's Agent
Maree Wu
Starriver Inc
List Price
$1,098,000
Sold Price
$1,131,000
Premium/Discount to List
$33,000
3.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.10%
Original Mortgage
$904,800
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 2, 2004
Sold by
Zaia Michael G and Zaia Linda S
Bought by
Baynard Theron and Baynard Di

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$518,400
Interest Rate
4.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 1999
Sold by
Pan Asian Exchange Corp
Bought by
Zaia Michael G and Zaia Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vasudevan Gautam $1,339,000 Chicago Title Company
Ma Tao $1,131,000 Old Republic Title Company
Baynard Theron $648,000 Ticor Title Company
Zaia Michael G $370,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vasudevan Gautam $1,000,000
Previous Owner Ma Tao $904,800
Previous Owner Baynard Theron $518,400
Previous Owner Zaia Michael G $240,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/16/2025 06/16/25 Off Market $1,339,000 -- --
02/04/2025 02/04/25 Off Market $1,339,000 -- --
06/26/2020 06/26/20 Sold $1,339,000 -0.7% $678 / Sq Ft
05/19/2020 05/19/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $1,349,000 +19.3% $683 / Sq Ft
08/22/2017 08/22/17 Sold $1,131,000 +3.0% $572 / Sq Ft View Prior Sale
07/27/2017 07/27/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $1,098,000 -- $556 / 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 $16,660 $1,464,114 $951,579 $512,535
2024 $16,660 $1,435,407 $932,921 $502,486
2023 $16,610 $1,407,263 $914,629 $492,634
2022 $16,540 $1,379,671 $896,696 $482,975
2021 $16,300 $1,352,619 $879,114 $473,505
2020 $14,025 $1,176,692 $832,320 $344,372
2019 $13,863 $1,153,620 $816,000 $337,620
2018 $13,237 $1,131,000 $800,000 $331,000
2017 $9,166 $778,269 $311,307 $466,962
2016 $8,794 $763,009 $305,203 $457,806
2015 $8,704 $751,549 $300,619 $450,930
2014 $8,472 $736,828 $294,731 $442,097
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 40903776

Bay East Association of REALTORS®

APN: 029-42-058