NOT LISTED FOR SALE

273 Moretti Ln Milpitas, CA 95035

Estimated Value: $1,240,000 - $1,558,000

3 Beds
2.5 Baths
1,522 Sq Ft
$954/Sq Ft Est. Value

Last Sold May 31, 2016

Last sale price $790,000 $519 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $8,482/month

33 Days on Market

Highlights

  • Vaulted Ceiling
  • Granite Countertops
  • 2 Car Attached Garage
  • William Burnett Elementary School Rated A
  • Breakfast Area or Nook
  • Tile Flooring

About This Home

As of May 2016

Motivated Sellers!!! Beautifully maintained Single family home! This light an bright home has 3 bedrooms, 2.5 baths, and 2 car attached garage. Dramatic vaulted ceilings! Big Kitchen with Granite counters! Tile floors! Recessed lights and much more! *Open Saturday & Sunday from 1-4pm*

Last Agent to Sell the Property

Shelly Arora

REALTY EXPERTS License #01310306 Listed on: 03/15/2016

REALTY EXPERTS

Last Buyer's Agent

Mallikarjuna Kesari

Saburi Homes, Inc License #01844867

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 3,833 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,522 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Dining Area
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, insurance - common area, maintenance - common area
  • Community Interest Management Association

Listing and Financial Details

  • Assessor Parcel Number 029-12-106

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1522
  • Year Built: 1986
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Fireplace: Gas Burning, Gas Starter
  • Dining Room: Breakfast Nook, Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal
  • Living Sq Ft: 1522
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Tile
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 93
  • Association Fees Include: Common Area Electricity, Insurance - Common Area, Maintenance - Common Area
  • H O A Name Text: Community Interest Management
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 029-12-106
  • Lot Acres: 0.0880
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3850.70
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3850.70

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

Closed on
May 12, 2023
Sold by
Bellamkonda Devi Chandra Sekhar and Bellamkonda Sushma
Bought by
Bellamkonda Trust and Bellamkonda
Current Estimated Value
$1,452,451

Purchase Details

Listed on
Mar 15, 2016
Closed on
May 9, 2016
Sold by
Shah Anita R and Shah Rajesh J
Bought by
Bellamkonda Devi Chandra Sekhar and Vallabha Sushma
Seller's Agent
Shelly Arora
REALTY EXPERTS
Buyer's Agent
Mallikarjuna Kesari
Saburi Homes, Inc
List Price
$798,000
Sold Price
$790,000
Premium/Discount to List
-$8,000
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.55%
Original Mortgage
$624,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 22, 2008
Sold by
Shah Anita R and Shah Rajesh J
Bought by
Shah Anita R and Shah Rajesh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 20, 2007
Sold by
Shah Pauline D and Shah Dushyant J
Bought by
Shah Anita R and Shah Rajesh J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 26, 1994
Sold by
Shah Dushyant J and Shah Pauline D
Bought by
Shah Rajesh J and Shah Anita R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6%
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
Bellamkonda Trust -- None Listed On Document
Bellamkonda Devi Chandra Sekhar $790,000 Placer Title Company
Shah Anita R $232,500 None Available
Shah Anita R $105,000 Financial Title Company
Shah Rajesh J -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bellamkonda Devi Chandra Sekhar $624,000
Previous Owner Shah Anita R $210,000
Previous Owner Shah Rajesh J $168,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/31/2016 05/31/16 Sold $790,000 -1.0% $519 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
03/15/2016 03/15/16 For Sale $798,000 -- $524 / 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 $10,735 $935,191 $607,876 $327,315
2024 $10,735 $916,855 $595,957 $320,898
2023 $10,621 $898,878 $584,272 $314,606
2022 $10,576 $881,254 $572,816 $308,438
2021 $10,422 $863,976 $561,585 $302,391
2020 $10,240 $855,118 $555,827 $299,291
2019 $10,122 $838,352 $544,929 $293,423
2018 $9,609 $821,915 $534,245 $287,670
2017 $9,484 $805,800 $523,770 $282,030
2016 $6,025 $511,358 $241,018 $270,340
2015 $5,964 $503,678 $237,398 $266,280
2014 $5,800 $493,812 $232,748 $261,064
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81565294

MLSListings

APN: 029-12-106