NOT LISTED FOR SALE

1700 Sango Ct Milpitas, CA 95035

Estimated Value: $7,828,687

1.31 Acres
$5,982,490 Price per Acre
57,003 Sq Ft Lot

Last Sold October 02, 2019

Last sale price $5,305,000

Est. 48% increase in value since last sale

Current estimated payment $51,608/month

321 Days on Market

About This Lot

As of October 2019

Located within Milpitas Transit Area specific Plan *** Zoned R4 TOD - High Density Residential - but designated as Park under the TASP. Credits for units - based on # of units per acre. Existing 9,600 SF R&D building / warehouse being used by owner's tool business and R&D developments. Value is in the land! subject to IRC 1031 Exchange. Priced to sell.

Last Agent to Sell the Property

Wing Liew

Wing Investments License #00869811 Listed on: 07/09/2018

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Property Details

Property Type

  • Land

Year Built

  • 1979

Lot Details

  • 1.31 Acre Lot
  • Fenced
  • Mostly Level

Property Details

Property Type

Land

Year Built

1979

Lot Details

0

Listing Details

  • Zoning: M2S
  • Subclass: Residential Development Land
  • Listing Class: Residential Lots & Land
  • Present Use: Research & Development, Warehouse
  • Special Features: None
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1979

Exterior Features

  • Fencing: Fenced

Utilities

  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Milpitas Unified

Lot Info

  • Lot Description: Grade - Mostly Level
  • Lot Acres: 1.3086
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 57002.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 57002.00
  • Parcel Access: Accessible, City Street

Multi Family

  • Utilities: Electricity - On Site

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2018
Closed on
Aug 15, 2019
Sold by
Chung Henry W and Chung Olivia Y
Bought by
City Of Milpitas
Seller's Agent
Wing Liew
Wing Investments
Buyer's Agent
RECIP
Out of Area Office
List Price
$5,421,080
Sold Price
$5,305,000
Premium/Discount to List
-$116,080
-2.14%
Total Days on Market
321
Current Estimated Value
$7,828,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,523,687
Avg. Annual Appreciation
6.94%
Original Mortgage
$30,000
Interest Rate
3.82%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 7, 2004
Sold by
Chung Henry W and Chung Olivia Y
Bought by
Henry W & Olivia Y Chung Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,350,000
Interest Rate
6.27%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 5, 1996
Sold by
Firestone Dennis W
Bought by
Chung Henry W and Chung Olivia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,500
Interest Rate
8.2%
Mortgage Type
Commercial
Source: Public Records

Similar Property in Milpitas, CA

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Range of Values:

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Average Value
Not Available
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
City Of Milpitas -- Chicago Title Company
Henry W & Olivia Y Chung Partnership -- Chicago Title
Chung Henry W -- Santa Clara Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Henry W $30,000
Previous Owner Henry W & Olivia Y Chung Partnership $1,350,000
Previous Owner Chung Henry W $200,000
Previous Owner Chung Henry W $830,000
Previous Owner Chung Henry W $825,000
Previous Owner Chung Henry W $387,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2019 10/02/19 Sold $5,305,000 -2.1% --
05/27/2019 05/27/19 Pending -- -- --
07/09/2018 07/09/18 For Sale $5,421,080 -- --
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
2024 -- -- -- --
2023 -- -- -- --
2022 -- -- -- --
2021 -- $0 $0 $0
2020 $0 $0 $0 $0
2019 $14,893 $1,131,517 $831,195 $300,322
2018 $14,176 $1,109,332 $814,898 $294,434
2017 $13,988 $1,087,581 $798,920 $288,661
2016 $13,454 $1,066,256 $783,255 $283,001
2015 $13,311 $1,050,241 $771,490 $278,751
2014 $12,993 $1,029,669 $756,378 $273,291
Source: Public Records

Agents Affiliated with this Home

  • Wing Liew

    Seller's Agent in 2019

    Wing Liew

    Wing Investments

    20 Total Sales

    Wing Liew
    Section Image

  • R

    Buyer's Agent in 2019

    RECIP

    Out of Area Office

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Map

Source: MLSListings

MLS Number: ML81713671

MLSListings

APN: 086-36-012

California Santa Clara County Milpitas 95035

1700 Sango Ct, Milpitas, CA

This home is located at 1700 Sango Ct, Milpitas, CA 95035 since 09 July 2018 and is currently estimated at $7,828,687. This property was built in 1979. 1700 Sango Ct is a home located in Santa Clara County with nearby schools including Mabel Mattos Elementary School, Alexander Rose Elementary School, and Rancho Milpitas Middle School.

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