NOT LISTED FOR SALE

281 Silvera St Milpitas, CA 95035

Estimated Value: $1,505,746 - $1,713,000

3 Beds
2 Baths
1,253 Sq Ft
$1,262/Sq Ft Est. Value

Last Sold April 10, 2020

Last sale price $1,132,002 $903 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $9,440/month

13 Days on Market

Highlights

  • Wood Flooring
  • Granite Countertops
  • 2 Car Attached Garage
  • Anthony Spangler Elementary School Rated A-
  • Breakfast Area or Nook
  • 3-minute walk to Starlite Park

About This Home

As of April 2020

Beautiful single family home with a lot upgrades, remodeled kitchen with granite counter top, window view outside and updated bathroom & high quality wood floor throughout the house, double pane windows, new interior paint, huge patio big enough for entertainment and play room. It won't last. email or text Jim Song for information of reports and disclosures. no fireplace and no dishwasher.

Last Agent to Sell the Property

Jim Herking Song

First Metro Investments Inc License #01061977 Listed on: 02/26/2020

Last Buyer's Agent

Amar Realtor

Keller Williams Palo Alto License #01889230

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • 1959

Lot Details

  • 6,355

Parking

  • 2 Car Attached Garage

Home Design

  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,253 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Wood Flooring
  • Crawl Space
  • Laundry in Garage

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • 6,355 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1959

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1253
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1959

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning
  • Dining Room: Breakfast Nook
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal
  • Fireplace: Yes
  • Living Sq Ft: 1253
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Shower And Tub, Stall Shower

Exterior Features

  • Foundation: Crawl Space, Raised
  • Roof: Composition

Garage/Parking

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

Utilities

  • Cooling System: Central Ac
  • Heating System: Central Forced Air
  • Sewer/Septic System: Drainage - Public Storage

Lot Info

  • Lot Acres: 0.1459
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6355.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6355.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2020
Closed on
Apr 3, 2020
Sold by
Chen Richard Chung Kai and Wang Jun
Bought by
Aggarwal Alok and Singh Taruchhaya
Seller's Agent
Jim Herking Song
First Metro Investments Inc
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$998,000
Sold Price
$1,132,002
Premium/Discount to List
$134,002
13.43%
Current Estimated Value
$1,581,437

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$449,435
Avg. Annual Appreciation
6.02%
Original Mortgage
$765,000
Outstanding Balance
$677,697
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$903,740

Purchase Details

Closed on
Mar 1, 2018
Sold by
Chen Richard Chung Kai and Wang Jun
Bought by
Chen Richard Chung Kai and Wang Jun

Purchase Details

Closed on
Jun 22, 2012
Sold by
Chen Richard Chung Kai
Bought by
Chen Richard Chung Kai and Richard Chen Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2012
Sold by
Chen Richard Chung Kai
Bought by
Chen Richard Chung Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Chen Richard Chung Kai
Bought by
Chen Richard Chung Kai and Richard Chen Family Trust

Purchase Details

Closed on
Oct 4, 2010
Sold by
Chen Rocco and Chen Richard Chung Kai
Bought by
Chen Richard Chung Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2008
Sold by
Chen Rocco
Bought by
Chen Rocco and Chen Richard Chung Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$389,000
Interest Rate
6.03%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 22, 1998
Sold by
Bhagavatula Narayan V and Bhagavatula Padma
Bought by
Chen Rocco and Chen Ling Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,750
Interest Rate
7%

Purchase Details

Closed on
Dec 29, 1995
Sold by
Bhagavatula Narayan V
Bought by
Bhagavatula Narayan and Bhagavatula Padma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
7.1%

Purchase Details

Closed on
Jan 10, 1994
Sold by
Noll Clifford L and Noll Diane R
Bought by
Bhagavatula Narayan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,550
Interest Rate
4.25%
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
Aggarwal Alok $1,132,500 First American Title Company
Chen Richard Chung Kai -- None Available
Chen Richard Chung Kai -- None Available
Chen Richard Chung Kai -- None Available
Chen Richard Chung Kai -- First American Title Company
Chen Richard Chung Kai -- First American Title Company
Chen Richard Chung Kai -- None Available
Chen Richard Chung Kai $170,000 Old Republic Title Company
Chen Rocco -- Fidelity National Title Ins
Chen Rocco -- Fidelity National Title Ins
Chen Rocco $257,000 North American Title Co
Bhagavatula Narayan -- American Title Ins Co
Bhagavatula Narayan $189,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aggarwal Alok $765,000
Previous Owner Chen Richard Chung Kai $328,000
Previous Owner Chen Richard Chung Kai $340,000
Previous Owner Chen Rocco $389,000
Previous Owner Chen Rocco $192,750
Previous Owner Bhagavatula Narayan $165,600
Previous Owner Bhagavatula Narayan $170,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2020 04/10/20 Sold $1,132,002 +2.9% $903 / Sq Ft
03/11/2020 03/11/20 Pending -- -- --
03/11/2020 03/11/20 Price Changed $1,100,000 +10.2% $878 / Sq Ft
02/26/2020 02/26/20 For Sale $998,000 -- $796 / 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 $14,139 $1,238,004 $1,038,961 $199,043
2024 $14,139 $1,213,731 $1,018,590 $195,141
2023 $14,096 $1,189,933 $998,618 $191,315
2022 $14,038 $1,166,602 $979,038 $187,564
2021 $13,835 $1,143,729 $959,842 $183,887
2020 $4,521 $368,385 $179,177 $189,208
2019 $4,471 $361,163 $175,664 $185,499
2018 $4,250 $354,082 $172,220 $181,862
2017 $4,195 $347,141 $168,844 $178,297
2016 $4,022 $340,335 $165,534 $174,801
2015 $3,981 $335,224 $163,048 $172,176
2014 $3,864 $328,659 $159,855 $168,804
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    Jim Herking Song

    First Metro Investments Inc

  • Amar Realtor

    Buyer's Agent in 2020

    Amar Realtor

    Keller Williams Palo Alto

    (650) 686-2627

    55 in this area

    238 Total Sales

    Amar Realtor
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Map

Source: MLSListings

MLS Number: ML81784287

MLSListings

APN: 022-21-024

California Santa Clara County Milpitas 95035

281 Silvera St, Milpitas, CA

Not Listed for Sale

Detached

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