NOT LISTED FOR SALE

229 Spring Valley Ln Milpitas, CA 95035

Estimated Value: $1,562,548 - $1,743,000

3 Beds
2 Baths
1,426 Sq Ft
$1,181/Sq Ft Est. Value

Last Sold November 16, 2018

Last sale price $1,175,000 $824 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $9,898/month

17 Days on Market

Highlights

  • Mountain View
  • Deck
  • Solid Surface Bathroom Countertops
  • William Burnett Elementary School Rated A
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of November 2018

TFT 10/26 NO FAULT OF PROPERTY*STUNNING HILLSIDE HOME! METICULOUSLY MAINTAINED, ATTENTION TO EVERY DETAIL* IMMACULATE SINGLE STORY, NEW CUSTOM INT & EXT PAINT* NEW PLUSH CARPET* GLEAMING PERGO FLOORING, DBL PANE WINDOWS* REMOD GOURMET KITCHEN, GRANITE COUNTERTOPS, TILE BACKSPLASH* DESIGNER CABINETS* PULLOUTS, UNDER-CABINET LIGHTING, STAINLESS STEEL APPL* RECESSED LIGHTING* FORMAL LIVING RM, SPACIOUS DINING AREA, SEP FAMILY RM, FIREPLACE, SLIDER TO PATIO* REMODELED BATHS, TILE SURROUND & FLOORING, NEW FIXTURES* PEACEFUL MBR, SLIDER TO PATIO, LARGE CLOSET* BEDROOMS WITH MIRRORED CLOSET DOORS* CEILING FANS, SEC ALARM, NEWER 40-YR COMP SHINGLE ROOF* 2-CAR GARAGE, KEYPAD, WORKBENCH* PRISTINE LANDSCAPE, FRONT PORCH W/TRELLIS* STONE PAVER PATIO, FRESHLY STAINED WOOD DECK* NEWER FENCING* SOLAR LIGHTING, AUTO FRONT SPRINKLER SYSTEM* HUGE SIDE YARD ACCESS, LARGE PARKING AREA FOR CAR, BOAT OR RV* 3-CAR PARKING IN DRIVEWAY, EAST FACING ORIENTATION* SERENE SETTING, MOUNTAIN VIEWS, CORNER LOT*GO NOW

Last Agent to Sell the Property

Debbie Rossetto

Legacy Real Estate & Associates License #00985361 Listed on: 10/12/2018

Co-Listed By

Noreen Ahmad

Elite Realty Services License #01985374

Last Buyer's Agent

Ram Saran

Coldwell Banker Realty License #01336480

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1970

Lot Details

  • 5,998 Sq Ft Lot
  • East Facing Home
  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,426 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Area
  • Mountain Views
  • Alarm System

Kitchen

  • Gas Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Solid Surface Bathroom Countertops
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 029-28-034

Home Details

Home Type

Single Family

Year Built

Built in 1970

Lot Details

5,998 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1426
  • Incorporated: Yes
  • Year Built: 1970
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1426
  • Stories: 1
  • Security: Security Alarm
  • Laundry: In Garage, Tub / Sink, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower over Tub - 1, Solid Surface, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Deck, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Property Faces: East

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Ceiling Fan, Central AC
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Association/Amenities

  • Amenities Miscellaneous: Open Beam Ceiling, Vaulted Ceiling

Schools

  • High School: 293

Lot Info

  • Parcel Number: 029-28-034
  • Lot Acres: 0.1377
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6000.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6000.00

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

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
Oct 12, 2018
Closed on
Nov 14, 2018
Sold by
Schulz Gary Lee and Schulz Carol Lynn
Bought by
Palanivel Jayaraman Somasaundram and Palanivel Ravikumar Priyankaa
Seller's Agent
Debbie Rossetto
Legacy Real Estate & Associates
Buyer's Agent
Ram Saran
Coldwell Banker Realty
List Price
$1,150,000
Sold Price
$1,175,000
Premium/Discount to List
$25,000
2.17%
Current Estimated Value
$1,684,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$509,637
Avg. Annual Appreciation
5.07%
Original Mortgage
$940,000
Outstanding Balance
$807,639
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$876,998

Purchase Details

Closed on
Jun 4, 2010
Sold by
Schulz Gary and Schulz Carol Lynn
Bought by
Schulz Gary Lee and Schulz Carol Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,000
Interest Rate
5.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 22, 2003
Sold by
Mugno Robert and Mugno Gloria
Bought by
Schulz Gary and Schulz Carol Lynn

Purchase Details

Closed on
May 13, 1996
Sold by
Mugno Robert and Mugno Gloria
Bought by
Mugno Robert and Mugno Gloria
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Palanivel Jayaraman Somasaundram $1,175,000 Chicago Title Co
Schulz Gary Lee -- Old Republic Title Company
Schulz Gary -- --
Mugno Robert -- --
Mugno Robert -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Palanivel Jayaraman Somasaundram $940,000
Previous Owner Schulz Gary Lee $369,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/16/2018 11/16/18 Sold $1,175,000 +2.2% $824 / Sq Ft
10/30/2018 10/30/18 Pending -- -- --
10/26/2018 10/26/18 For Sale $1,150,000 0.0% $806 / Sq Ft
10/23/2018 10/23/18 Pending -- -- --
10/12/2018 10/12/18 For Sale $1,150,000 -- $806 / Sq Ft
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 $14,942 $1,310,729 $1,059,740 $250,989
2024 $14,942 $1,285,029 $1,038,961 $246,068
2023 $14,897 $1,259,834 $1,018,590 $241,244
2022 $14,834 $1,235,132 $998,618 $236,514
2021 $14,619 $1,210,915 $979,038 $231,877
2020 $14,364 $1,198,500 $969,000 $229,500
2019 $14,199 $1,175,000 $950,000 $225,000
2018 $1,928 $152,871 $35,302 $117,569
2017 $1,903 $149,874 $34,610 $115,264
2016 $1,822 $146,936 $33,932 $113,004
2015 $1,802 $144,730 $33,423 $111,307
2014 $1,738 $141,896 $32,769 $109,127
Source: Public Records

Agents Affiliated with this Home

  • Debbie Rossetto

    Seller's Agent in 2018

    Debbie Rossetto

    Legacy Real Estate & Associates

    (408) 262-7900

    36 in this area

    103 Total Sales

    Debbie Rossetto
    Section Image

  • N

    Seller Co-Listing Agent in 2018

    Noreen Ahmad

    Elite Realty Services

    Section Image
  • Ram Saran

    Buyer's Agent in 2018

    Ram Saran

    Coldwell Banker Realty

    (510) 409-2097

    12 Total Sales

    Ram Saran
    Section Image
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Map

Source: MLSListings

MLS Number: ML81727528

MLSListings

APN: 029-28-034

California Santa Clara County Milpitas 95035

229 Spring Valley Ln, Milpitas, CA

Not Listed for Sale

Detached

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