NOT LISTED FOR SALE

259 Velvetlake Dr Sunnyvale, CA 94089

Lakewood Neighborhood

Estimated Value: $1,625,000 - $2,014,000

5 Beds
3 Baths
1,560 Sq Ft
$1,139/Sq Ft Est. Value

Last Sold March 24, 2021

Last sale price $1,480,000 $949 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $11,202/month

7 Days on Market

Highlights

  • Open to Family Room
  • Bathtub with Shower
  • Bathroom on Main Level
  • Fremont High School Rated A
  • Tile Countertops
  • Tile Flooring

About This Home

As of March 2021

A 5bd/3bath remodeled single house in convenient location *Vaulted ceiling,laminate floor,dual pane windows,central A/C,recessed ceiling lights,stainless steel appliances in kitchen;tankless water heater/sink/laundry in finished garage;fruit trees in backyard*Center Silicon Valley:Near many companies,shops,super markets,restaurants,parks,trails,schools,Santa Clara Convention Center,Levi's Stadium *Easy access to 101/237*

Last Agent to Sell the Property

Michelle Lin

Maxreal License #01274507 Listed on: 02/09/2021

Maxreal

Last Buyer's Agent

Steven Wu

W Star Investment Inc License #01265269

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $18,293

Year Built

  • 1957

Lot Details

  • 5,667 Sq Ft Lot

Parking

  • 1 Car Garage
  • On-Street Parking

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,560 Sq Ft Home
  • 1-Story Property
  • Combination Dining and Living Room

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Oven or Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Bathroom on Main Level
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Vented Exhaust Fan

Home Details

Home Type

Single Family

Est. Annual Taxes

$18,293

Year Built

1957

Lot Details

0

Parking

1

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Age: 64
  • Listing Class: Residential
  • Structure Sq Ft: 1560
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1957

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area In Living Room, Dining Bar
  • Kitchen: Countertop - Tile, Dishwasher, Exhaust Fan, Garbage Disposal, Oven Range, Refrigerator
  • Living Sq Ft: 1560
  • Stories: 1
  • Bedrooms: Primary Bedroom On Ground Floor
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Laminate, Tile
  • Maximum Numberof Bedrooms: 5
  • Minimum Numberof Bedrooms: 5
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Bathroom: Full On Ground Floor, Primary - Stall Shower(s), Showers Over Tubs - 2+, Tile

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 1
  • Garage Max: 1
  • Garage Min: 1
  • Garage Parking Features: Attached Garage, On Street

Utilities

  • Cooling System: Central Ac, Multi-Zone
  • Heating System: Central Forced Air, Heating - 2+ Zones
  • Sewer/Septic System: Sewer - Public

Schools

  • School District: Fremont Union High
  • Elementary School: Lakewood Elementary
  • Middle School: Columbia Middle
  • High School: Fremont High
  • High School: 257
  • Elementary School: 208
  • Middle School: 203

Lot Info

  • Lot Acres: 0.1301
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5665.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5665.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Feb 19, 2021
Sold by
Ye Weichen and Chen Wen
Bought by
Lin Ting Hsuan
Seller's Agent
Michelle Lin
Maxreal
Buyer's Agent
Steven Wu
W Star Investment Inc
List Price
$1,298,000
Sold Price
$1,480,000
Premium/Discount to List
$182,000
14.02%
Current Estimated Value
$1,776,111

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$296,111
Avg. Annual Appreciation
4.43%
Original Mortgage
$900,000
Outstanding Balance
$809,020
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$983,415

Purchase Details

Listed on
Jan 2, 2019
Closed on
Feb 1, 2019
Sold by
Baskins Jeffrey and Dampier David
Bought by
Ye Weichen and Chen Wen
Seller's Agent
David Lillo
DPL Real Estate
Buyer's Agent
Michelle Lin
Maxreal
List Price
$1,275,000
Sold Price
$1,275,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.32%
Original Mortgage
$480,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 11, 2009
Sold by
Us Bank National Association
Bought by
Baskins Jeffrey and Dampier David

Purchase Details

Closed on
Jun 9, 2009
Sold by
Reyes Virgilio and Reyes Julieta
Bought by
Us Bank National Association

Purchase Details

Closed on
Nov 30, 2005
Sold by
Reyes Dennis
Bought by
Reyes Virgilio and Reyes Julieta

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,000
Interest Rate
6.32%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 27, 2004
Sold by
Reyes Christine and Reyes Dennis
Bought by
Reyes Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2004
Sold by
Reyes Virgilio S and Reyes Julieta C
Bought by
Reyes Dennis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$456,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 9, 2001
Sold by
Reyes Virgilio S and Reyes Julieta C
Bought by
Reyes Virgilio S and Reyes Julieta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
3.25%

Purchase Details

Closed on
Dec 3, 1996
Sold by
Krug David F
Bought by
Reyes Virgilio S and Reyes Julieta C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,150
Interest Rate
7.25%

Purchase Details

Closed on
Nov 15, 1996
Sold by
Fuller Marilyn Dee
Bought by
Krug David F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,150
Interest Rate
7.25%
Source: Public Records

Range of Values:

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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
Lin Ting Hsuan $1,480,000 First American Title Company
Ye Weichen $1,275,000 Lawyers Title Co
Baskins Jeffrey $458,000 Lsi Title Agency Inc
Us Bank National Association $395,250 None Available
Reyes Virgilio $700,000 Stewart Title Of California
Reyes Dennis -- Chicago Title
Reyes Dennis $570,000 Chicago Title
Reyes Virgilio S -- Old Republic Title Company
Reyes Virgilio S $206,500 Fidelity National Title Co
Krug David F -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Ting Hsuan $900,000
Previous Owner Ye Weichen $476,000
Previous Owner Ye Weichen $480,000
Previous Owner Reyes Virgilio $600,000
Previous Owner Reyes Virgilio $75,000
Previous Owner Reyes Virgilio $609,000
Previous Owner Reyes Dennis $456,000
Previous Owner Reyes Virgilio S $400,000
Previous Owner Reyes Virgilio S $35,000
Previous Owner Reyes Virgillo S $69,342
Previous Owner Reyes Virgilio S $325,000
Previous Owner Reyes Virgilio S $73,412
Previous Owner Reyes Virgilio S $196,150
Closed Reyes Dennis $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2021 03/24/21 Sold $1,480,000 0.0% $949 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/16/2021 02/16/21 Price Changed $1,480,000 +14.0% $949 / Sq Ft
02/09/2021 02/09/21 For Sale $1,298,000 +1.8% $832 / Sq Ft
02/13/2019 02/13/19 Sold $1,275,000 0.0% $817 / Sq Ft
01/17/2019 01/17/19 Pending -- -- --
01/02/2019 01/02/19 For Sale $1,275,000 -- $817 / 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 $18,293 $1,601,998 $1,190,674 $411,324
2024 $18,293 $1,570,587 $1,167,328 $403,259
2023 $18,125 $1,539,792 $1,144,440 $395,352
2022 $17,836 $1,509,600 $1,122,000 $387,600
2021 $15,785 $1,313,715 $1,050,972 $262,743
2020 $15,585 $1,300,245 $1,040,196 $260,049
2019 $6,488 $529,966 $423,976 $105,990
2018 $6,361 $519,575 $415,663 $103,912
2017 $6,280 $509,388 $407,513 $101,875
2016 $6,035 $499,401 $399,523 $99,878
2015 $6,069 $491,900 $393,522 $98,378
2014 $5,951 $482,265 $385,814 $96,451
Source: Public Records

Agents Affiliated with this Home

  • Michelle Lin

    Seller's Agent in 2021

    Michelle Lin

    Maxreal

    (408) 661-1188

    1 in this area

    91 Total Sales

    Michelle Lin
    Section Image
  • Steven Wu

    Buyer's Agent in 2021

    Steven Wu

    W Star Investment Inc

    (408) 821-7678

    2 in this area

    21 Total Sales

    Steven Wu
    Section Image
  • David Lillo

    Seller's Agent in 2019

    David Lillo

    DPL Real Estate

    (408) 621-5649

    4 in this area

    536 Total Sales

    David Lillo
    Section Image
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Map

Source: MLSListings

MLS Number: ML81829051

MLSListings

APN: 110-19-066

California Santa Clara County Sunnyvale 94089 Lakewood

259 Velvetlake Dr, Sunnyvale, CA

This home is located at 259 Velvetlake Dr, Sunnyvale, CA 94089 since 09 February 2021 and is currently estimated at $1,776,111, approximately $1,138 per square foot. This property was built in 1957. 259 Velvetlake Dr is a home located in Santa Clara County with nearby schools including Lakewood Elementary School, Columbia Middle School, and Fremont High School.

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