NOT LISTED FOR SALE

257 Summerfield Dr Milpitas, CA 95035

Estimated Value: $1,601,000 - $1,870,000

4 Beds
2.5 Baths
2,008 Sq Ft
$884/Sq Ft Est. Value

Last Sold September 24, 2016

Last sale price $1,000,000 $498 Per Sq Ft

Est. 77% increase in value since last sale

Current estimated payment $10,389/month

29 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Separate Family Room
  • Pearl Zanker Elementary School Rated A-
  • Combination Dining and Living Room

About This Home

As of September 2016

GREAT SUMMERFIELD HOME WITH 2008 SQ FT OF LIVING SPACE WITH EXCELLENT UPGRADES - PRIDE OF THE OWNERSHIP WITH PLENTY OF LIGHT, HOME UPGRADED THROUGHOUT WITH NEW KITCHEN COUNTER TOPS, NEW MODERN TILE FLOORING, LED LIGHTS, TILE FLOORING IN ALL BATHROOMS, BACKYARD NEWLY LANDSCAPED, NEW INTERIOR PAINT. CLOSE TO GREAT MALL AND GREAT HOME FOR COMMUTERS. LOCATION LOCATION, LOCATION !!!! OPEN HOUSE ON SUNDAY 1:30PM-4:30PM

Last Agent to Sell the Property

Anil Kumar

Keller Williams Tri-Valley License #01458792 Listed on: 07/26/2016

Last Buyer's Agent

Anil Kumar

Keller Williams Tri-Valley License #01458792 Listed on: 07/26/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,192

Year Built

  • Built in 1998

Lot Details

  • 4,008 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,008 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Separate Family Room
  • Combination Dining and Living Room

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

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

Listing and Financial Details

  • Assessor Parcel Number 086-45-058

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,192

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2008
  • Year Built: 1998
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Dining Area in Living Room
  • Living Sq Ft: 2008
  • Stories: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter and Slab
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 85
  • Association Fees Include: Maintenance - Common Area
  • H O A Name Text: SUMMERFIELD OF MILPITAS HOA
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 086-45-058
  • Lot Acres: 0.0920
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4021.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4021.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Pearl Zanker 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
Jul 26, 2016
Closed on
Sep 13, 2016
Sold by
Doss John and Ramachandran Mangaiyerkarasi
Bought by
Lai Kai Tat and Lai Rosa Che Hing Lee
Seller's Agent
Anil Kumar
Keller Williams Tri-Valley
Buyer's Agent
Anil Kumar
Keller Williams Tri-Valley
List Price
$998,880
Sold Price
$1,000,000
Premium/Discount to List
$1,120
0.11%
Current Estimated Value
$1,774,977

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$774,977
Avg. Annual Appreciation
6.51%
Original Mortgage
$850,000
Outstanding Balance
$679,383
Interest Rate
3.45%
Mortgage Type
New Conventional
Estimated Equity
$1,095,594

Purchase Details

Closed on
Mar 11, 2002
Sold by
Kendall Scott and Santos Jenifer
Bought by
Doss John and Ramachandran Mangaiyerkarasi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
6.99%

Purchase Details

Closed on
Sep 22, 1998
Sold by
Dkb Homes Llc
Bought by
Kendall Scott and Santos Jenifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$314,450
Interest Rate
6.88%
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
Lai Kai Tat $1,000,000 Old Republic Title Company
Doss John $575,000 First American Title Guarant
Kendall Scott $393,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lai Kai Tat $850,000
Previous Owner Doss John $460,000
Previous Owner Kendall Scott $314,450
Closed Doss John $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/24/2016 09/24/16 Sold $1,000,000 +0.1% $498 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
07/26/2016 07/26/16 For Sale $998,880 -- $497 / 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 $13,192 $1,160,579 $754,378 $406,201
2024 $13,192 $1,137,824 $739,587 $398,237
2023 $13,151 $1,115,515 $725,086 $390,429
2022 $13,094 $1,093,643 $710,869 $382,774
2021 $12,904 $1,072,200 $696,931 $375,269
2020 $12,678 $1,061,207 $689,785 $371,422
2019 $12,531 $1,040,400 $676,260 $364,140
2018 $11,895 $1,020,000 $663,000 $357,000
2017 $11,740 $1,000,000 $650,000 $350,000
2016 $8,292 $717,555 $287,020 $430,535
2015 $8,207 $706,777 $282,709 $424,068
2014 $7,987 $692,934 $277,172 $415,762
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81597102

MLSListings

APN: 086-45-058