NOT LISTED FOR SALE

1981 Lee Way Milpitas, CA 95035

Estimated Value: $1,100,000 - $1,219,000

3 Beds
3 Baths
1,622 Sq Ft
$726/Sq Ft Est. Value

Highlights

  • Wood Flooring
  • Balcony
  • 2 Car Attached Garage
  • Mabel Mattos Elementary School Rated A
  • Open to Family Room
  • Double Pane Windows

About This Home

As of October 2022

Luxury 3 bed/3 bath townhouse at Harmony Village. The home offers an upgraded gourmet kitchen with stainless steel appliances and granite island counter top. Spacious & airy family room leads to a balcony. Huge master suite comes with upgraded bath. Recessed lights, two tone paint, wifi-enabled dual zone central A/C, tank-less water heater and 2 car garage with extra storage. Easy walk to Great Mall, Light Rail Station, BART Station, city park, and brand new Mabel Mattos Elementary school.

Last Agent to Rent the Property

Michael Cheng

Archers Homes License #01886927 Listed on: 09/30/2022

Last Renter's Agent

Michael Cheng

Archers Homes License #01886927 Listed on: 09/30/2022

Townhouse Details

Home Type

  • Townhome

Year Built

  • 2014

Lot Details

  • 605

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Guest Parking
  • On-Street Parking
  • Uncovered Parking

Interior Spaces

  • 1,622 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Dining Area
  • Washer and Dryer

Kitchen

  • Open to Family Room
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Kitchen Island

Flooring

  • Wood
  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Eco-Friendly Details

  • Green Features
  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Thermostat
  • Tankless Water Heater

Additional Features

  • Balcony
  • 605 Sq Ft Lot

Listing and Financial Details

  • Security Deposit $4,000
  • Property Available on 10/1/22
  • Rent includes association fees, gardener, manager
  • 12-Month Minimum Lease Term

Community Details

Overview

  • Property has a Home Owners Association
  • Greenbelt

Recreation

  • Community Playground

Pet Policy

  • Limit on the number of pets

Townhouse Details

Home Type

Townhome

Year Built

2014

Lot Details

605 Sq Ft Lot

Parking

2

Rental Info

  • Available: 10/01/2022
  • Lease Terms: Deposit Required
  • Minimum Lease Months: 12
  • Rent Includes: Association Fees, Gardener, Manager
  • Security Deposit: 4000

Listing Details

  • Subclass: Townhouse For Rent
  • Restrictions: Pets - Allowed, Pets - Number Restrictions
  • Listing Class: Residential Lease/Rental
  • Structure Sq Ft: 1622
  • Special Features: None
  • Property Sub Type: Townhouses
  • Year Built: 2014

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Dishwasher, Island, Microwave, Oven - Electric, Refrigerator
  • Living Sq Ft: 1622
  • Stories: 1
  • Laundry: Washer / Dryer
  • Flooring: Carpet, Hardwood, Stone
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Yard/Grounds: Balcony / Patio

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener, Guest / Visitor Parking, On Street, Uncovered Parking

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air - Gas

Condo/Co-op/Association

  • Complex Name: Harmony
  • HOA Amenities: Garden / Greenbelt / Trails, Playground
  • HOA Exist: Yes

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.0139
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 604.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 604.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star Hvac, Energy Star Lighting, Green Features, Tankless Water Heater, Thermostat Controller

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 8, 2022
Sold by
Deshmukh Rajiv Arun and Deshmukh Sweta Hiren
Bought by
Deshmukh Shah Living Trust and Deshmukh
Current Estimated Value
$1,178,272

Purchase Details

Closed on
Feb 5, 2015
Sold by
Dr Horton Bay Inc
Bought by
Shah Sweta and Deshmukh Rajiv

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$553,400
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Deshmukh Shah Living Trust -- None Listed On Document
Shah Sweta $692,000 First American Title Company
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner Shah Sweta $553,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2022 10/14/22 Rented $3,890 0.0% --
10/05/2022 10/05/22 Under Contract -- -- --
09/30/2022 09/30/22 For Rent $3,890 +6.6% --
02/28/2021 02/28/21 Rented $3,650 0.0% --
02/19/2021 02/19/21 Under Contract -- -- --
01/07/2021 01/07/21 For Rent $3,650 -1.4% --
03/05/2019 03/05/19 Rented $3,700 0.0% --
03/05/2019 03/05/19 Under Contract -- -- --
02/27/2019 02/27/19 For Rent $3,700 -- --
Source: MLSListings

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 $10,365 $831,480 $415,715 $415,765
2024 $10,365 $815,177 $407,564 $407,613
2023 $10,310 $799,194 $399,573 $399,621
2022 $10,227 $783,525 $391,739 $391,786
2021 $10,054 $768,162 $384,058 $384,104
2020 $9,878 $760,286 $380,120 $380,166
2019 $9,753 $745,379 $372,667 $372,712
2018 $9,270 $730,764 $365,360 $365,404
2017 $9,145 $716,437 $358,197 $358,240
2016 $8,781 $702,390 $351,174 $351,216
2015 $1,739 $81,514 $81,514 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Landlord's Agent in 2022

    Michael Cheng

    Archers Homes

    (408) 320-5261

    1 in this area

    32 Total Sales

    Michael Cheng
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81909137

MLSListings

APN: 086-78-056

California Santa Clara County Milpitas 95035

1981 Lee Way, Milpitas, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MLSListings Property Information © 2026 MLSListings Inc. All rights reserved. Listing information is deemed reliable but not guaranteed. Certain information contained herein is derived from information which is the licensed property of, and copyrighted by, MLSListings Inc. The viewer acknowledges ownership and validity of its copyright. Information provided is for personal, non-commercial use by a viewer with a bona fide interest in the purchase or sale of real estate of the type being offered via this website or other electronic means. The viewer is prohibited from copying, redistributing or retransmitting any of the data or information provided by MLSListing, Inc.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.