NOT LISTED FOR SALE

281 Moretti Ln Milpitas, CA 95035

Estimated Value: $1,260,000 - $1,560,000

3 Beds
3 Baths
1,550 Sq Ft
$924/Sq Ft Est. Value

Last Sold November 30, 2020

Last sale price $990,000 $639 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,506/month

23 Days on Market

Highlights

  • Open to Family Room
  • 2 Car Attached Garage
  • Ceramic Countertops
  • William Burnett Elementary School Rated A
  • Bathtub with Shower
  • Walk-in Shower

About This Home

As of November 2020

Beautiful 3bed,3bath Entry Level SFH in Milpitas! Well-maintained home features large open living/dining combo with wood flooring, soaring ceiling, and gas starter fireplace. Gourmet kitchen enjoys Oak Cabinetry, Ceramic Counters and wood flooring. Master bedroom offers vaulted ceiling and roomy closet. Private backyard with large patio, automatic sprinklers, & mature plants. Top Milpitas schools (William Burnette, Rancho Milpitas & Milpitas High). Conveniently located with walking distance to Schools, Parks, Groceries & Dinning, quick access to Hwy 237/680/880.

Last Agent to Sell the Property

Vicky li

Compass License #01896360 Listed on: 10/20/2020

Compass

Co-Listed By

Xiaozhu Kang

Compass License #01999507

Last Buyer's Agent

Terese Ferrara

KW Bay Area Estates License #01949191

KW Bay Area Estates

Home Details

Home Type

  • Single Family

Year Built

  • 1986

Lot Details

  • 3,790

Parking

  • 2 Car Attached Garage

Home Design

  • Tile Roof

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Fireplace With Gas Starter
  • Crawl Space

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Oven or Range
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Additional Features

  • 3,790 Sq Ft Lot
  • Forced Air Heating System

Community Details

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

Home Details

Home Type

Single Family

Year Built

1986

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1550
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1986

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Starter
  • Dining Room: Eat In Kitchen
  • Kitchen: Countertop - Ceramic, Dishwasher, Garbage Disposal, Oven Range, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1550
  • Stories: 2
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower And Tub, Stall Shower, Tile

Exterior Features

  • Foundation: Crawl Space
  • Roof: Tile

Garage/Parking

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

Utilities

  • Cooling System: Ceiling Fan
  • Heating System: Central Forced Air
  • Sewer/Septic System: Sewer - Public

Condo/Co-op/Association

  • HOA Fees: 107
  • Association Fees Include: Maintenance - Common Area
  • HOA Exist: Yes
  • H O A Name Text: Community Interest Management

Lot Info

  • Lot Acres: 0.0870
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3788.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3788.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2020
Closed on
Nov 24, 2020
Sold by
Close Shonna K
Bought by
Close Brent K
Seller's Agent
Vicky li
Compass
Buyer's Agent
Terese Ferrara
KW Bay Area Estates
List Price
$950,000
Sold Price
$990,000
Premium/Discount to List
$40,000
4.21%
Current Estimated Value
$1,432,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$442,686
Avg. Annual Appreciation
7.52%
Original Mortgage
$550,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 3, 2015
Closed on
Jul 6, 2015
Sold by
Breeding Gary E and Breeding Nancy A
Bought by
Xu Nuo
Seller's Agent
Rhonda Fee
All Phase Brokers
Buyer's Agent
RECIP
Out of Area Office
List Price
$775,000
Sold Price
$780,000
Premium/Discount to List
$5,000
0.65%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.52%
Original Mortgage
$624,000
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Breeding Gary E and Breeding Nancy A
Bought by
Breeding Gary E and Breeding Nancy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Breeding Gary E and Breeding Nancy A
Bought by
Breeding Gary E and Breeding Nancy A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Close Brent K -- Fidelity National Title
Gomes Amanda $990,000 Fidelity National Title
Xu Nuo $780,000 Old Republic Title Company
Breeding Gary E -- Old Republic Title Company
Breeding Gary E -- --
Breeding Gary E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Close Brent K $550,000
Previous Owner Xu Nuo $624,000
Previous Owner Breeding Gary E $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/30/2020 11/30/20 Sold $990,000 +4.2% $639 / Sq Ft
11/12/2020 11/12/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $950,000 +21.8% $613 / Sq Ft
07/14/2015 07/14/15 Sold $780,000 +0.6% $503 / Sq Ft View Prior Sale
06/13/2015 06/13/15 Pending -- -- --
06/03/2015 06/03/15 For Sale $775,000 -- $500 / 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 $12,263 $1,071,604 $696,543 $375,061
2024 $12,263 $1,050,593 $682,886 $367,707
2023 $12,226 $1,029,995 $669,497 $360,498
2022 $12,175 $1,009,800 $656,370 $353,430
2021 $11,999 $990,000 $643,500 $346,500
2020 $10,194 $844,296 $422,148 $422,148
2019 $10,078 $827,742 $413,871 $413,871
2018 $9,569 $811,512 $405,756 $405,756
2017 $9,446 $795,600 $397,800 $397,800
2016 $9,065 $780,000 $390,000 $390,000
2015 $2,970 $247,387 $81,214 $166,173
2014 -- $242,542 $79,624 $162,918
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81820037

MLSListings

APN: 029-12-105