NOT LISTED FOR SALE

1721 Mount Rainier Ave Milpitas, CA 95035

Estimated Value: $1,280,970 - $1,586,000

3 Beds
2 Baths
1,065 Sq Ft
$1,346/Sq Ft Est. Value

Last Sold February 06, 2014

Last sale price $680,000 $638 Per Sq Ft

Est. 111% increase in value since last sale

Current estimated payment $8,148/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Wood Flooring
  • Eat-In Kitchen
  • John Sinnott Elementary School Rated A
  • Neighborhood Views
  • 3-minute walk to Murphy Park

About This Home

As of February 2014

Charming 3bedroom 2bath house situated in one of the most desirable neighborhoods in Milpitas. Features hardwood floors,berber carpeting,updated kitchen,double pane windows,and new paint. Professionally landscaped front & backyards,with beautiful garden & fruit trees. Walking Distance to John Sinnott Elementary(API 928), Rancho Jr.High, parks,tennis courts,shopping centers. Easy Access to Freeway.

Last Agent to Sell the Property

Susan Kwon

Silicon Valley Realty License #01322713 Listed on: 01/08/2014

Silicon Valley Realty

Last Buyer's Agent

Andy Wong

Maxreal License #01878854

Maxreal

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1965

Lot Details

  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1PU

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,065 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Eat-In Kitchen

Flooring

  • Wood
  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 088-28-089

Home Details

Home Type

Single Family

Year Built

Built in 1965

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Sale Price Per Sq Ft: 638.50
  • Listing Class: Residential
  • Structure Sq Ft: 1065
  • Incorporated: Yes
  • Map Book Page: 814
  • Map Side Coordinate: 1
  • Map Top Coordinate: D
  • Thomas Bros Page: 814
  • Thomas Brothers: D1
  • Year Built: 1965
  • Zoning Description: R1PU
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Eat in Kitchen
  • Living Sq Ft: 1065
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Flooring: Tile, Carpet - Wall to Wall, Hardwood
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Pool Description: Pool - No
  • Roof: Shingle
  • View: Local/Neighborhood
  • Yard/Grounds: Sprinklers - Auto

Garage/Parking

  • Garage Spaces: 2

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Schools

  • High School: 293

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 088-28-089
  • List Price per Sq Ft: 586.85
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5500.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 5500.00
  • Lot Size Area Min Search: 5500.00
  • Maximum Lot Size: 5500.00
  • Map Book: Thomas Bros

Multi Family

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

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: John Sinnott Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2014
Closed on
Jan 30, 2014
Sold by
Hwang Joseph Jong Suk and Hwang Esther Kyung Choon
Bought by
Ma Yutao and Liu Hsiao Yun Pat
Seller's Agent
Susan Kwon
Silicon Valley Realty
Buyer's Agent
Andy Wong
Maxreal
List Price
$625,000
Sold Price
$680,000
Premium/Discount to List
$55,000
8.8%
Current Estimated Value
$1,433,493

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$753,493
Avg. Annual Appreciation
6.46%
Original Mortgage
$402,000
Outstanding Balance
$303,405
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$1,130,088

Purchase Details

Closed on
Jun 1, 2006
Sold by
Hwang Joseph Jong Suk and Hwang Esther Kyung Choon
Bought by
Hwang Joseph Jong Suk and Hwang Esther Kyung Choon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.55%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 3, 2004
Sold by
Wei Eric
Bought by
Hwang Jongsuk and Hwang Kyungchoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 14, 2003
Sold by
Hoffman Gary Paul and Hoffman Josie T
Bought by
Wei Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 10, 2003
Sold by
Hoffman Gary Paul
Bought by
Hoffman Gary Paul and Hoffman Josie T

Purchase Details

Closed on
Jun 5, 2001
Sold by
Va
Bought by
Hoffman Gary Paul
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ma Yutao $680,000 Chicago Title Company
Hwang Joseph Jong Suk -- None Available
Hwang Jongsuk $472,000 Alliance Title Company
Wei Eric $420,000 Alliance Title Company
Hoffman Gary Paul -- --
Hoffman Gary Paul -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Yutao $402,000
Previous Owner Hwang Joseph Jong Suk $50,000
Previous Owner Hwang Jongsuk $377,600
Previous Owner Wei Eric $336,000
Closed Wei Eric $84,000
Closed Hwang Jongsuk $94,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/06/2014 02/06/14 Sold $680,000 +8.8% $638 / Sq Ft
01/16/2014 01/16/14 Pending -- -- --
01/08/2014 01/08/14 For Sale $625,000 -- $587 / 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 $7,824 $674,215 $306,461 $367,754
2024 $7,824 $660,996 $300,452 $360,544
2023 $7,799 $648,036 $294,561 $353,475
2022 $7,769 $635,331 $288,786 $346,545
2021 $7,657 $622,874 $283,124 $339,750
2020 $7,524 $616,488 $280,221 $336,267
2019 $7,440 $604,401 $274,727 $329,674
2018 $7,068 $592,551 $269,341 $323,210
2017 $6,977 $580,933 $264,060 $316,873
2016 $6,695 $569,543 $258,883 $310,660
2015 $6,628 $560,989 $254,995 $305,994
2014 $5,647 $486,200 $231,800 $254,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81400587

MLSListings

APN: 088-28-089