NOT LISTED FOR SALE

181 Ayer Ln Milpitas, CA 95035

Estimated Value: $1,557,000 - $2,258,000

5 Beds
3 Baths
2,460 Sq Ft
$785/Sq Ft Est. Value

Last Sold October 07, 2019

Last sale price $1,251,000 $509 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $11,349/month

79 Days on Market

Highlights

  • Contemporary Architecture
  • Vaulted Ceiling
  • Granite Countertops
  • William Burnett Elementary School Rated A
  • Main Floor Bedroom
  • Formal Dining Room

About This Home

As of October 2019

BIG PRICE REDUCTION. Only 20 years new, Great Newer 5 Bedroom 3 Bath Home located close to Mountain, Freeways , Schools and Shopping. Walking distance to grocery out lets. Brand new paint through out the house. Very High ceilings. One bedroom and full Bathroom down stairs. Newer Kitchen and granite counter top. Extended island with granite top. 4 burner Stainless steel gas stove and Dish washer Double pane windows. Almost unused Fire place in Family room. high ceiling in Bedrooms. Walking closet in Master bedroom. upgraded Bathrooms. Nice big backyard with cherry trees. Has pond with Gold fish. Hugh storage area. Upstairs Laundry area. Too many things to mention.Brand New Water Heater

Last Agent to Sell the Property

Raj Mehta

Referral Realty Mega Homes License #01181156 Listed on: 06/18/2019

Last Buyer's Agent

Raj Mehta

Referral Realty Mega Homes License #01181156 Listed on: 06/18/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 4,513 Sq Ft Lot
  • East Facing Home
  • Kennel or Dog Run
  • Fenced
  • Sprinklers on Timer
  • Grass Covered Lot
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Contemporary Architecture
  • Slate Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 2,460 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Formal Dining Room
  • Carpet

Kitchen

  • Open to Family Room
  • Gas Oven
  • Freezer
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry in Utility Room
  • Washer and Dryer

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Sewer Connection More Than 500 Feet Away

Additional Features

  • Energy-Efficient Insulation
  • Balcony

Community Details

  • Property has a Home Owners Association
  • Association fees include common area gas, electricity, insurance - common area, insurance - hazard, management fee, reserves
  • Cross Point Christanson Company Association

Listing and Financial Details

  • Assessor Parcel Number 029-12-166

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2460
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Burning
  • Dining Room: Dining Area in Living Room, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hookups - Gas, Island, Oven Range - Built-In, Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2460
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: In Utility Room, Washer / Dryer
  • Flooring: Carpet
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Showers over Tubs - 2+
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Slate
  • Yard/Grounds: Back Yard, Balcony / Patio, Dog Run / Kennel, Fenced, Low Maintenance, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced
  • Property Faces: East
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: On Street

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer Connections - MORE than 500 feet away

Condo/Co-op/Association

  • HOA Fees: 75
  • HOA Documents: Budget, CC&RS
  • Association Fees Include: Common Area Gas, Electricity, Insurance - Common Area, Insurance - Hazard, Management Fee, Reserves
  • H O A Name Text: Cross Point Christanson company
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 293

Lot Info

  • Parcel Number: 029-12-166
  • Lot Acres: 0.1036
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4513.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4513.00

Green Features

  • Energy Features: Double Pane Windows, Insulation - Per Owner, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2019
Closed on
Oct 1, 2019
Sold by
Cowley James and Cowley Barbara Jean
Bought by
Tennety Neeraja and Tennety Uday Shankar
Seller's Agent
Raj Mehta
Referral Realty Mega Homes
Buyer's Agent
Raj Mehta
Referral Realty Mega Homes
List Price
$1,279,888
Sold Price
$1,251,000
Premium/Discount to List
-$28,888
-2.26%
Current Estimated Value
$1,930,387

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$679,387
Avg. Annual Appreciation
7.19%
Original Mortgage
$972,000
Outstanding Balance
$825,832
Interest Rate
2.12%
Mortgage Type
New Conventional
Estimated Equity
$1,104,555

Purchase Details

Closed on
Dec 18, 2015
Sold by
Cowley James and Cowley Barbara Jean
Bought by
Cowley James and Cowley Barbara Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2005
Sold by
Cowley James and Thompson Jean
Bought by
Cowley James and Thompson Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
5.46%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 27, 2003
Sold by
Cowley James
Bought by
Cowley James and Thompson Barbara Jean

Purchase Details

Closed on
May 24, 2002
Sold by
Ping Jeffery A and Ping Suzanne L
Bought by
Cowley James

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
6.37%

Purchase Details

Closed on
Aug 12, 1997
Sold by
Crosspointe Milpitas Lp
Bought by
Ping Jeffery A and Ping Suzanne L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.54%
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
Tennety Neeraja $1,215,000 Fidelity National Title Co
Cowley James -- First American Title Co Dps
Cowley James -- Fidelity National Financial
Cowley James -- --
Cowley James $660,000 Financial Title Company
Ping Jeffery A $400,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tennety Neeraja $972,000
Previous Owner Cowley James $455,000
Previous Owner Cowley James $26,000
Previous Owner Cowley James $634,900
Previous Owner Cowley James $528,000
Previous Owner Ping Jeffery A $300,000
Closed Cowley James $132,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2019 10/07/19 Sold $1,251,000 +0.1% $509 / Sq Ft
09/06/2019 09/06/19 Pending -- -- --
08/02/2019 08/02/19 Price Changed $1,249,888 -2.3% $508 / Sq Ft
06/18/2019 06/18/19 For Sale $1,279,888 -- $520 / 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 $15,065 $1,328,775 $874,915 $453,860
2024 $15,065 $1,302,721 $857,760 $444,961
2023 $15,017 $1,277,179 $840,942 $436,237
2022 $14,953 $1,252,137 $824,453 $427,684
2021 $14,735 $1,227,587 $808,288 $419,299
2020 $14,476 $1,215,000 $800,000 $415,000
2019 $10,545 $874,034 $297,963 $576,071
2018 $10,010 $856,897 $292,121 $564,776
2017 $9,880 $840,096 $286,394 $553,702
2016 $9,480 $823,625 $280,779 $542,846
2015 $9,383 $811,254 $276,562 $534,692
2014 $9,134 $795,364 $271,145 $524,219
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81757089

MLSListings

APN: 029-12-166