NOT LISTED FOR SALE

226 Ayer Ln Milpitas, CA 95035

Estimated Value: $1,559,000 - $2,187,000

5 Beds
3 Baths
2,241 Sq Ft
$847/Sq Ft Est. Value

Last Sold July 20, 2018

Last sale price $1,255,000 $560 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $11,219/month

25 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • Granite Countertops
  • William Burnett Elementary School Rated A
  • High Ceiling
  • Open to Family Room

About This Home

As of July 2018

Hidden gem! Exceptional 21 year new, well-maintained home in a serene cul-de-sac setting. Bright, open layout features high ceilings, guest bedroom and full bathroom downstairs, updated kitchen, granite counters, breakfast bar, walk-in pantry. Family room and kitchen open out to lovely patio and low maintenance backyard with fruit trees. Perfect home for indoor/outdoor living and entertaining. Enjoy the spacious master suite with comfortably large bathroom and walk-in closet. Additional features include gleaming wood floors, new fixtures, freshly landscaped front yard. Walk to Starbucks, shopping, dining, parks. Conveniently located near Hwy 680 & Hwy 237, upcoming Milpitas BART station. Within a mile of Milpitas Town Center and William Burnett Elementary School. Under 15 miles from major employers such as Google, Samsung, Microsoft, Intel, and much more. Desirable Milpitas schools include Milpitas High School (test scores 9 out of 10). Welcome to your beautiful, harmonious home!

Last Agent to Sell the Property

Valerie Harder

Compass License #01391672 Listed on: 05/31/2018

Compass

Last Buyer's Agent

Kevin Chiao

Kevin Chiao, Broker License #01912393

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1997

Lot Details

  • 3,933 Sq Ft Lot
  • Wood Fence
  • Mostly Level
  • Grass Covered Lot
  • Zoning described as R1

HOA Fees

  • $75 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Slate Roof

Interior Spaces

  • 2,241 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Gas Fireplace
  • Dining Area

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • Bathroom on Main Level
  • 3 Full Bathrooms

Laundry

  • Laundry on upper level
  • Washer and Dryer

Eco-Friendly Details

  • Solar owned by a third party

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Crosspointe Milpitas Owners Association

Listing and Financial Details

  • Assessor Parcel Number 029-12-153

Home Details

Home Type

Single Family

Year Built

Built in 1997

Lot Details

0

HOA Fees

$75 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2241
  • Year Built: 1997
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Dining Area, Eat in Kitchen
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Island, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 2241
  • Stories: 2
  • Bedrooms: Ground Floor Bedroom
  • Laundry: Inside, Upper Floor, Washer / Dryer
  • Flooring: Hardwood, Tile, Wood
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Full on Ground Floor
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Slate
  • Yard/Grounds: Fenced, Low Maintenance
  • Fencing: Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 75
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • H O A Name Text: Crosspointe Milpitas Owners Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling

Schools

  • High School: 293

Lot Info

  • Lot Description: Grade - Mostly Level
  • Parcel Number: 029-12-153
  • Lot Acres: 0.0903
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3934.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3934.00

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: William Burnett 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
May 31, 2018
Closed on
Jul 11, 2018
Sold by
Worrell Lan J and Nyiendo Licha
Bought by
Liang Mary and Liang Mei Yi
Seller's Agent
Valerie Harder
Compass
Buyer's Agent
Kevin Chiao
Kevin Chiao, Broker
List Price
$1,318,000
Sold Price
$1,255,000
Premium/Discount to List
-$63,000
-4.78%
Current Estimated Value
$1,897,038

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$642,038
Avg. Annual Appreciation
5.66%

Purchase Details

Listed on
May 15, 2015
Closed on
Aug 5, 2015
Sold by
Pham Xuan Huong and Truong Hien Tan
Bought by
Worrell Ian J and Nyiendo Licha
Seller's Agent
Kim-An Truong
Tera Real Estate
Buyer's Agent
Valerie Harder
Compass
List Price
$849,000
Sold Price
$900,000
Premium/Discount to List
$51,000
6.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.89%
Original Mortgage
$720,000
Interest Rate
3.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2007
Sold by
Bellot Benito A
Bought by
Pham Xuan Huong and Truong Hien Tan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
6.2%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2005
Sold by
Shah Atish and Shah Anjoo
Bought by
Bellot Benito A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,600
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 9, 2000
Sold by
Torio Jorge O and Torio Cristina N
Bought by
Shah Atish and Shah Anjoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
8.25%

Purchase Details

Closed on
Mar 2, 1998
Sold by
Standard Pacific Corp
Bought by
Torio Jorge Oribello and Torio Cristina Nalangan

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
7.02%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liang Mary $1,255,000 Fidelity National Title Co
Worrell Ian J $900,000 Chicago Title Company
Pham Xuan Huong $830,000 Fidelity National Title Co
Bellot Benito A $862,000 Fidelity National Title Ins
Shah Atish $620,000 Fidelity National Title Co
Torio Jorge Oribello $382,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Worrell Ian J $720,000
Previous Owner Pham Xuan Huong $90,000
Previous Owner Pham Xuan Huong $650,000
Previous Owner Bellot Benito A $689,600
Previous Owner Shah Atish $400,000
Previous Owner Torio Jorge Oribello $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/20/2018 07/20/18 Sold $1,255,000 +0.4% $560 / Sq Ft
06/26/2018 06/26/18 Pending -- -- --
06/22/2018 06/22/18 Price Changed $1,250,000 -5.2% $558 / Sq Ft
05/31/2018 05/31/18 For Sale $1,318,000 +46.4% $588 / Sq Ft
08/05/2015 08/05/15 Sold $900,000 +6.0% $402 / Sq Ft View Prior Sale
07/01/2015 07/01/15 Pending -- -- --
06/29/2015 06/29/15 Price Changed $849,000 0.0% $379 / Sq Ft
06/29/2015 06/29/15 For Sale $849,000 -5.7% $379 / Sq Ft
06/22/2015 06/22/15 Off Market $900,000 -- --
06/09/2015 06/09/15 Price Changed $929,999 -1.9% $415 / Sq Ft
05/15/2015 05/15/15 For Sale $948,000 -- $423 / 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 $15,862 $1,399,972 $1,003,965 $396,007
2024 $15,862 $1,372,523 $984,280 $388,243
2023 $15,812 $1,345,612 $964,981 $380,631
2022 $15,744 $1,319,228 $946,060 $373,168
2021 $15,515 $1,293,361 $927,510 $365,851
2020 $15,243 $1,280,100 $918,000 $362,100
2019 $15,066 $1,255,000 $900,000 $355,000
2018 $10,923 $936,360 $468,180 $468,180
2017 $10,781 $918,000 $459,000 $459,000
2016 $10,345 $900,000 $450,000 $450,000
2015 $10,680 $925,257 $473,776 $451,481
2014 $10,399 $907,134 $464,496 $442,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81708066

MLSListings

APN: 029-12-153