NOT LISTED FOR SALE

1985 Lee Way Milpitas, CA 95035

Estimated Value: $1,140,000 - $1,228,000

3 Beds
2 Baths
1,456 Sq Ft
$814/Sq Ft Est. Value

Last Sold July 18, 2024

Last sale price $1,250,000 $859 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $7,347/month

5 Days on Market

Highlights

  • Contemporary Architecture
  • Stone Countertops
  • Tankless Water Heater
  • Mabel Mattos Elementary School Rated A
  • Tandem Parking
  • Tile Flooring

About This Home

As of July 2024

Stunning townhouse built in 2014,3 bedrooms, 2 full bathrooms, living room, dining room and kitchen on the same level. Bonus room can be used as a home office or den. The master suite has a large walk-in closet and private patio ,Gourmet kitchen boasts granite countertops, a large island, stainless appliances, and contemporary kitchen cabinets. Low HOA fees cover amenities like garbage, playground, and greenbelt areas. Located in the excellent Milpitas school district; walking distance to well-regarded Mattos Elementary School. One of the most sought-after, newer communities in Milpitas with a kids' park and walking paths throughout the lush neighborhood! Fantastic location close to the Great Mall, Trader Joe's, Milpitas BART Station, schools, commute routes, and major tech companies.

Last Agent to Sell the Property

MAREE WU

Starriver Inc License #01352580 Listed on: 06/13/2024

Last Buyer's Agent

Hauslley Silva

Milestone SV License #01794511

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,469

Year Built

  • Built in 2014

Lot Details

  • 1,254

HOA Fees

  • $273 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Tandem Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Stucco

Kitchen

  • Microwave
  • Dishwasher
  • Kitchen Island
  • Stone Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Additional Features

  • 2-Story Property
  • 1,254 Sq Ft Lot

Community Details

  • Association fees include common area maintenance, trash
  • 276 Units
  • Association Phone (800) 843-3351
  • Greenbelt

Listing and Financial Details

  • Assessor Parcel Number 08678057

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,469

Year Built

Built in 2014

Lot Details

0

HOA Fees

$273 per month

Parking

2

Listing Details

  • Stories: 2
  • Year Built: 2014
  • Property Sub Type: Townhouse
  • Prop. Type: Residential
  • Lot Size Acres: 0.03
  • Subdivision Name: None
  • Directions: Montague Expy/ McCandless Dr/ Delong Ln/ Lee Way
  • Architectural Style: Contemporary
  • Building Name: Not Listed
  • Carport Y N: No
  • Entry Level: 1
  • Garage Yn: No
  • Unit Levels: Two Story
  • New Construction: No
  • ResoPropertyType: Residential
  • Special Features: None

Interior Features

  • Flooring: Tile, Carpet
  • Appliances: Dishwasher, Disposal, Microwave, Refrigerator, Dryer, Washer, Tankless Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: Stone Counters, Kitchen Island
  • Room Kitchen Features: Counter - Stone, Dishwasher, Garbage Disposal, Island, Microwave, Refrigerator

Exterior Features

  • Lot Features: Other
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: No Yard
  • Property Condition: Existing

Garage/Parking

  • Garage Spaces: 2
  • Attached Garage: No
  • Covered Parking Spaces: 2
  • Parking Features: Tandem

Utilities

  • Heating: Forced Air
  • Cooling: Central Air
  • Laundry Features: In Unit
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar

Condo/Co-op/Association

  • Amenities: Greenbelt, Playground
  • Association Fee: 273
  • Association Fee Frequency: Monthly
  • Association Name: NOT LISTED
  • Phone: 800-843-3351
  • Association: Yes
  • ResoAssociationFeeFrequency: Monthly

Fee Information

  • Association Fee Includes: Common Area Maint, Trash

Lot Info

  • Lot Size Sq Ft: 1254
  • Parcel Number: 08678057
  • ResoLotSizeUnits: Acres

Multi Family

  • Number Of Units In Community: 276

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 11, 2024
Sold by
Wang Lanjun and He Renren
Bought by
Vishwanathan Arun and He Renren
Seller's Agent
MAREE WU
Starriver Inc
Buyer's Agent
Hauslley Silva
Milestone SV
List Price
$1,188,000
Sold Price
$1,250,000
Premium/Discount to List
$62,000
5.22%
Views
22
Current Estimated Value
$1,185,371

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,629
Avg. Annual Appreciation
-4.19%
Original Mortgage
$250,000
Outstanding Balance
$243,012
Interest Rate
6.99%
Mortgage Type
New Conventional
Estimated Equity
$942,359
Source: Public Records

Range of Values:

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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
Vishwanathan Arun $1,250,000 Fidelity National Title Compan
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vishwanathan Arun $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,250,000 -- --
07/18/2024 07/18/24 Sold $1,250,000 +5.2% $859 / Sq Ft
06/18/2024 06/18/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $1,188,000 -- $816 / 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 $9,469 $1,250,000 $625,000 $625,000
2024 $9,469 $751,026 $375,397 $375,629
2023 $9,414 $736,301 $368,037 $368,264
2022 $9,417 $721,865 $360,821 $361,044
2021 $9,254 $707,712 $353,747 $353,965
2020 $9,091 $700,456 $350,120 $350,336
2019 $8,974 $686,722 $343,255 $343,467
2018 $8,530 $673,258 $336,525 $336,733
2017 $8,413 $660,058 $329,927 $330,131
2016 $8,076 $647,116 $323,458 $323,658
2015 $1,739 $81,514 $81,514 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    MAREE WU

    Starriver Inc

    (510) 579-7703

    2 in this area

    16 Total Sales

    MAREE WU
    Section Image

  • H

    Buyer's Agent in 2024

    Hauslley Silva

    Milestone SV

See All Agents

Map

Source: Bay East Association of REALTORS®

MLS Number: 41063123

Bay East Association of REALTORS®

APN: 086-78-057

California Santa Clara County Milpitas 95035

1985 Lee Way, Milpitas, CA

This home is located at 1985 Lee Way, Milpitas, CA 95035 since 13 June 2024 and is currently estimated at $1,185,371, approximately $814 per square foot. This property was built in 2014. 1985 Lee Way 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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