NOT LISTED FOR SALE

240 Summerfield Dr Milpitas, CA 95035

Estimated Value: $1,825,000 - $2,205,000

5 Beds
3 Baths
2,316 Sq Ft
$862/Sq Ft Est. Value

Last Sold January 19, 2016

Last sale price $1,075,000 $464 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $11,702/month

64 Days on Market

Highlights

  • 2 Car Attached Garage
  • Eat-In Kitchen
  • Tile Flooring
  • Pearl Zanker Elementary School Rated A-
  • Bathtub with Shower
  • Forced Air Heating and Cooling System

About This Home

As of January 2016

BEAUTIFUL EXECUTIVE HOME with five bedrooms & three full baths. One bedroom and full bath downstairs. Spacious interior, great corner lot hill views, lots of sunshine, vaulted ceiling, contemporary arches, big yard to the recently updated floors,LG stainless appliances,myQ garage & WH. Foyer entry, formal dining room, family room, granite kitchen countertop,maple cabinets, breakfast nook, inside laundry,mirror wardrobe doors, walk in closet. Almost 900 API assigned schools & all the joys of Silicon Valley!

Last Agent to Sell the Property

Sunny Singh

Century 21 MM License #01852828 Listed on: 10/08/2015

Century 21 MM

Last Buyer's Agent

Raj Mehta

Referral Realty Mega Homes License #01181156

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

  • 7,318 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Self-Cleaning Oven

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub with Shower

Utilities

  • Forced Air Heating and Cooling System
  • Separate Meters
  • Sewer Within 50 Feet

Community Details

  • Property has a Home Owners Association
  • Association fees include maintenance - common area
  • Summerfield Of Milpitas Homeowners Ass. Association

Listing and Financial Details

  • Assessor Parcel Number 086-45-048

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

7,318 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2316
  • Incorporated: Yes
  • Year Built: 1998
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: Oven - Self Cleaning, Oven Range - Gas, Pantry
  • Living Sq Ft: 2316
  • Stories: 2
  • Flooring: Carpet, Laminate, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Double Sinks, Shower and Tub, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer Connected, Sewer in Street

Condo/Co-op/Association

  • HOA Fees: 89
  • Association Fees Include: Maintenance - Common Area
  • H O A Name Text: Summerfield of Milpitas Homeowners Ass.
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 086-45-048
  • Lot Acres: 0.1680
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7325.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7325.00

Multi Family

  • Utilities: Individual Electric Meters

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 31, 2020
Sold by
Mishra Ashutosh and Parikh Sima
Bought by
Mishra Family Trust and Mishra
Current Estimated Value
$1,995,734

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,200
Outstanding Balance
$314,507
Interest Rate
2.26%
Mortgage Type
New Conventional
Estimated Equity
$1,681,227

Purchase Details

Closed on
Sep 4, 2020
Sold by
Mishra Ashutosh and Parikh Sima
Bought by
Mishra Family Trust and Mishra

Purchase Details

Listed on
Oct 8, 2015
Closed on
Dec 30, 2015
Sold by
Samant Milind and Samant Bella
Bought by
Parikh Sima and Mishra Ashutosh
Seller's Agent
Sunny Singh
Century 21 MM
Buyer's Agent
Raj Mehta
Referral Realty Mega Homes
List Price
$1,199,000
Sold Price
$1,075,000
Premium/Discount to List
-$124,000
-10.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.26%
Original Mortgage
$860,000
Interest Rate
3.12%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 5, 1998
Sold by
Dkb Homes Llc
Bought by
Samant Milind and Samant Bella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.87%
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
Mishra Family Trust -- Commonwealth Land Title
Mishra Ashutosh -- New Title Company Name
Mishra Family Trust -- None Listed On Document
Parikh Sima $1,075,000 Old Republic Title Company
Samant Milind $436,000 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mishra Ashutosh $434,200
Previous Owner Parikh Sima $860,000
Previous Owner Samant Milind $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/19/2016 01/19/16 Sold $1,075,000 -2.2% $464 / Sq Ft
12/11/2015 12/11/15 Pending -- -- --
11/15/2015 11/15/15 Price Changed $1,099,000 -4.4% $475 / Sq Ft
10/20/2015 10/20/15 Price Changed $1,149,000 -4.2% $496 / Sq Ft
10/08/2015 10/08/15 For Sale $1,199,000 -- $518 / 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 $14,447 $1,272,574 $827,115 $445,459
2024 $14,447 $1,247,623 $810,898 $436,725
2023 $14,447 $1,223,161 $794,999 $428,162
2022 $14,340 $1,199,178 $779,411 $419,767
2021 $14,131 $1,175,666 $764,129 $411,537
2020 $13,883 $1,163,612 $756,294 $407,318
2019 $13,723 $1,140,797 $741,465 $399,332
2018 $13,025 $1,118,429 $726,927 $391,502
2017 $12,856 $1,096,500 $712,674 $383,826
2016 $6,700 $576,869 $211,883 $364,986
2015 $6,631 $568,205 $208,701 $359,504
2014 $6,449 $557,075 $204,613 $352,462
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sunny Singh

    Century 21 MM

    Section Image

  • R

    Buyer's Agent in 2016

    Raj Mehta

    Referral Realty Mega Homes

    (408) 391-4730

    2 in this area

    5 Total Sales

    Raj Mehta
    Section Image
See All Agents

Map

Source: MLSListings

MLS Number: ML81518036

MLSListings

APN: 083-25-043

California Santa Clara County Milpitas 95035

240 Summerfield Dr, Milpitas, CA

Not Listed for Sale

Detached

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