NOT LISTED FOR SALE

262 Falcato Dr Milpitas, CA 95035

Estimated Value: $1,455,000 - $1,788,000

3 Beds
2 Baths
1,502 Sq Ft
$1,068/Sq Ft Est. Value

Last Sold March 12, 2019

Last sale price $1,080,000 $719 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $9,526/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Skyline View
  • Granite Countertops
  • Alexander Rose Elementary School Rated A-
  • Wood Flooring
  • Open to Family Room

About This Home

As of March 2019

Charming, one level, three bedroom, two bath home on a 6,700 foot lot in the quiet, sought after neighbourhood of Foothill Estates off East Calaveras Boulevard, with easy access to Interstate 680. This home has had many recent upgrades, including new flooring, new interior paint, new kitchen cabinets and counters, and much more! Vaulted ceilings in the Family Room give it a spacious, light filled feeling. There is a two car attached garage as well as a curb cut and driveway to the back yard allowing additional parking for a vehicle, RV or boat!

Last Agent to Sell the Property

Mark Playsted

Compass License #01228614 Listed on: 02/07/2019

Compass

Last Buyer's Agent

Ingrid Huang

Coldwell Banker Realty License #01800367

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 6,700 Sq Ft Lot
  • West Facing Home
  • Fenced
  • Drought Tolerant Landscaping
  • Back Yard
  • Zoning described as R16

Parking

  • 2 Car Attached Garage

Property Views

  • Skyline
  • Ridge
  • Mountain
  • Hills

Home Design

  • Raised Foundation
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,502 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Dining Area
  • Crawl Space

Kitchen

  • Open to Family Room
  • Electric Cooktop
  • Range Hood
  • Plumbed For Ice Maker
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Low Flow Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter

Listing and Financial Details

  • Assessor Parcel Number 088-17-062

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1502
  • Year Built: 1977
  • Zoning Description: R16
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room
  • Dining Room: Dining Area
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Hookups - Ice Maker, Refrigerator
  • Living Sq Ft: 1502
  • Stories: 1
  • Bedrooms: Primary Bedroom on Ground Floor, Primary Suite / Retreat
  • Laundry: Dryer, Inside, Washer
  • Flooring: Hardwood, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Primary - Stall Shower(s), Shower and Tub, Skylight, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab, Crawl Space, Raised
  • Roof: Composition
  • View: Hills, Mountains, Ridge
  • Yard/Grounds: Back Yard, Drought Tolerant Plants, Fenced
  • Fencing: Fenced
  • Property Faces: West
  • Construction Type: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Room for Oversized Vehicle

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Regular
  • Parcel Number: 088-17-062
  • Lot Acres: 0.1538
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6700.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6700.00

Green Features

  • Energy Features: Low Flow Shower, Low Flow Toilet

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 12, 2019
Sold by
Meng Qingyou
Bought by
Meng Qingyou and Zhang Jia
Seller's Agent
Mark Playsted
Compass
Buyer's Agent
Ingrid Huang
Coldwell Banker Realty
List Price
$898,000
Sold Price
$1,080,000
Premium/Discount to List
$182,000
20.27%
Current Estimated Value
$1,604,806

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$524,806
Avg. Annual Appreciation
5.95%
Original Mortgage
$850,000
Outstanding Balance
$735,003
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$869,803

Purchase Details

Listed on
Feb 7, 2019
Closed on
Mar 1, 2019
Sold by
Zhang Jia
Bought by
Meng Qingyou
Seller's Agent
Mark Playsted
Compass
Buyer's Agent
Ingrid Huang
Coldwell Banker Realty
List Price
$898,000
Sold Price
$1,080,000
Premium/Discount to List
$182,000
20.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$735,003
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$869,803

Purchase Details

Listed on
Feb 7, 2019
Closed on
Feb 28, 2019
Sold by
Woodruff Kelli
Bought by
Meng Qingyou
Seller's Agent
Mark Playsted
Compass
Buyer's Agent
Ingrid Huang
Coldwell Banker Realty
List Price
$898,000
Sold Price
$1,080,000
Premium/Discount to List
$182,000
20.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$850,000
Outstanding Balance
$735,003
Interest Rate
3.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$869,803

Purchase Details

Closed on
Feb 5, 2001
Sold by
Simpkins Marilyn L and Simpkins Marilyn
Bought by
Simpkins Marilyn
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Meng Qingyou -- None Available
Meng Qingyou -- Old Republic Title Company
Meng Qingyou $1,080,000 Old Republic Title Company
Simpkins Marilyn -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Meng Qingyou $850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/12/2019 03/12/19 Sold $1,080,000 +16.4% $719 / Sq Ft
02/20/2019 02/20/19 Pending -- -- --
02/07/2019 02/07/19 Price Changed $928,000 +3.3% $618 / Sq Ft
02/07/2019 02/07/19 For Sale $898,000 -- $598 / 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 $13,603 $1,204,755 $783,092 $421,663
2024 $13,603 $1,181,134 $767,738 $413,396
2023 $13,560 $1,157,976 $752,685 $405,291
2022 $13,502 $1,135,272 $737,927 $397,345
2021 $13,304 $1,113,012 $723,458 $389,554
2020 $13,002 $1,101,600 $716,040 $385,560
2019 $1,294 $93,558 $26,482 $67,076
2018 $1,089 $91,724 $25,963 $65,761
2017 $1,075 $89,926 $25,454 $64,472
2016 $1,023 $88,163 $24,955 $63,208
2015 $1,013 $86,840 $24,581 $62,259
2014 $1,050 $85,140 $24,100 $61,040
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81738092

MLSListings

APN: 088-17-062