NOT LISTED FOR SALE

274 Velvetlake Dr Sunnyvale, CA 94089

Lakewood Neighborhood

Estimated Value: $1,459,000 - $1,549,667

3 Beds
2 Baths
1,150 Sq Ft
$1,306/Sq Ft Est. Value

Last Sold October 31, 2023

Last sale price $1,310,000 $1,139 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,138/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • Contemporary Architecture
  • Quartz Countertops
  • Fremont High School Rated A
  • High Ceiling
  • Wine Refrigerator

About This Home

As of October 2023

Remodeled home conveniently located in the heart of Silicon Valley in the popular Lakewood Community. Lots of natural light in this open floor plan home with tall beam ceilings and permitted extended dining room and master bedroom with huge walk-in closet. Amazing kitchen with new stainless steel appliances and ample custom cabinets with 2 lazy Susan draws and custom spice rack plus quartz counter top and eat in peninsula.. Also, built-in bar with large pantry with wine and soda refrigerators. Large separate dining room. Beautifully remodeled hall and master bathrooms. Large backyard with fruit trees, entertaining patio and custom storage building. Central heating and air conditioning.

Last Agent to Sell the Property

Paul Burdick

Compass License #00877117 Listed on: 09/08/2023

Compass

Last Buyer's Agent

Paul Burdick

Compass License #00877117 Listed on: 09/08/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,305

Year Built

  • Built in 1957

Lot Details

  • 5,767 Sq Ft Lot
  • West Facing Home
  • Wood Fence
  • Back Yard
  • Zoning described as R1

Parking

  • 1 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Wood Frame Construction
  • Tar and Gravel Roof

Interior Spaces

  • 1,150 Sq Ft Home
  • 1-Story Property
  • Wet Bar
  • Beamed Ceilings
  • High Ceiling
  • Formal Dining Room
  • Monitored

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Self-Cleaning Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Outdoor Features

  • Balcony
  • Shed
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 110-19-049

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,305

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 1150
  • Year Built: 1957
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Dining Room: Breakfast Bar, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Quartz, Dishwasher, Exhaust Fan, Garbage Disposal, Microwave, Oven - Self Cleaning, Oven Range - Gas, Refrigerator, Wine Refrigerator
  • Living Sq Ft: 1150
  • Stories: 1
  • Security: Video / Audio System
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, In Garage, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Updated Bath

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tar and Gravel
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Storage Shed / Structure
  • Fencing: Fenced, Wood
  • Property Faces: West
  • Construction Type: Wood Frame

Garage/Parking

  • Garage Spaces: 1
  • Parking Spaces: 1
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Open Beam Ceiling, Walk-in Closet, Wet Bar

Schools

  • High School: 257

Lot Info

  • Lot Description: Regular
  • Parcel Number: 110-19-049
  • Lot Acres: 0.1324
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5767.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5767.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Natural Gas

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: Lakewood Elementary
  • High School Text: Fremont High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2023
Closed on
Oct 20, 2023
Sold by
Lee Bryan and Lee Jackieline
Bought by
Park Catherine and Lee Jongho
Seller's Agent
Paul Burdick
Compass
Buyer's Agent
Paul Burdick
Compass
List Price
$1,295,000
Sold Price
$1,310,000
Premium/Discount to List
$15,000
1.16%
Views
113
Current Estimated Value
$1,502,167

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,167
Avg. Annual Appreciation
7.08%
Original Mortgage
$820,000
Outstanding Balance
$802,346
Interest Rate
6.88%
Mortgage Type
New Conventional
Estimated Equity
$699,821

Purchase Details

Listed on
Apr 17, 2016
Closed on
May 23, 2016
Sold by
Cairns Laura E
Bought by
Lee Bryan and Lee Jackieline
Seller's Agent
Tanya Simpson
Tanya D. Simpson, Broker
Buyer's Agent
Tanya Simpson
Tanya D. Simpson, Broker
List Price
$895,000
Sold Price
$915,000
Premium/Discount to List
$20,000
2.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$91,500
Interest Rate
3.66%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 29, 2013
Sold by
Cairns Laura E
Bought by
Cairns Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
4.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2011
Sold by
Cairns Laura E
Bought by
Cairns Laura E

Purchase Details

Closed on
Apr 1, 2009
Sold by
Guzman Ildefonzo
Bought by
Cairns Laura E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,300
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 17, 2006
Sold by
Guzman Filiberto Rojas
Bought by
Guzman Ildefonzo R

Purchase Details

Closed on
Mar 11, 2003
Sold by
Mcgee Rebecca M and Ahumada Lori M
Bought by
Guzman Filiberto Rojas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,400
Interest Rate
6.1%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 13, 1998
Sold by
Bost Mary A and Alice Mary
Bought by
Bost Mary A

Purchase Details

Closed on
Dec 31, 1997
Sold by
Bost Mary A
Bought by
Bost Mary Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.16%
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
Park Catherine $1,310,000 Fidelity National Title Compan
Lee Bryan $915,000 First American Title Company
Cairns Laura E -- North American Title Company
Cairns Laura E -- North American Title Company
Cairns Laura E -- None Available
Cairns Laura E $377,000 Fidelity National Title Co
Guzman Ildefonzo R -- Alliance Title Company
Guzman Filiberto Rojas $433,000 Chicago Title
Bost Mary A -- --
Bost Mary Alice -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Catherine $820,000
Previous Owner Lee Bryan $91,500
Previous Owner Lee Bryan $732,000
Previous Owner Cairns Laura E $90,000
Previous Owner Cairns Laura E $339,300
Previous Owner Guzman Filiberto Rojas $346,400
Previous Owner Bost Mary Alice $110,000
Closed Guzman Filiberto Rojas $86,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/31/2023 10/31/23 Sold $1,310,000 +1.2% $1,139 / Sq Ft
09/23/2023 09/23/23 Pending -- -- --
09/08/2023 09/08/23 For Sale $1,295,000 +41.5% $1,126 / Sq Ft
05/27/2016 05/27/16 Sold $915,000 +2.2% $832 / Sq Ft View Prior Sale
04/27/2016 04/27/16 Pending -- -- --
04/17/2016 04/17/16 For Sale $895,000 -- $814 / 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 $15,305 $1,336,200 $1,068,960 $267,240
2024 $15,305 $1,310,000 $1,048,000 $262,000
2023 $12,395 $1,041,108 $904,572 $136,536
2022 $12,201 $1,020,695 $886,836 $133,859
2021 $12,087 $1,000,683 $869,448 $131,235
2020 $11,934 $990,423 $860,533 $129,890
2019 $11,669 $971,004 $843,660 $127,344
2018 $11,437 $951,966 $827,118 $124,848
2017 $11,290 $933,300 $810,900 $122,400
2016 $4,919 $410,105 $355,717 $54,388
2015 $4,945 $403,946 $350,374 $53,572
2014 $4,848 $396,034 $343,511 $52,523
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2023

    Paul Burdick

    Compass

    Section Image

  • T

    Seller's Agent in 2016

    Tanya Simpson

    Tanya D. Simpson, Broker

See All Agents

Map

Source: MLSListings

MLS Number: ML81941255

MLSListings

APN: 110-19-049

California Santa Clara County Sunnyvale 94089 Lakewood

274 Velvetlake Dr, Sunnyvale, CA

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