NOT LISTED FOR SALE

281 Silverlake Ct Milpitas, CA 95035

Estimated Value: $2,112,000 - $2,354,000

3 Beds
3 Baths
2,415 Sq Ft
$922/Sq Ft Est. Value

Last Sold September 11, 2014

Last sale price $1,060,000 $439 Per Sq Ft

Est. 110% increase in value since last sale

Current estimated payment $12,854/month

7 Days on Market

Highlights

  • Vaulted Ceiling
  • Spanish Architecture
  • Neighborhood Views
  • Curtner Elementary School Rated A
  • Bonus Room
  • Community Pool

About This Home

As of September 2014

Beautiful Shapell w/Gracefully Curved Staircase! Former Model Home. 3/3 Plus Office/Bonus Rm. Central AC & Central Vacuum! Beautiful Window Treatments. Professionally Built Bookcases in Den. Security System. Granite Kitchen. Plantation Shutters. Recessed Lighting. Immaculately Maintained and Fully Landscaped. Great Development Location. Association Pool/Spa. Low HOA Approx.$98. A Beauty!

Last Agent to Sell the Property

John Baptiste

1st Class Realty Co License #00609623 Listed on: 08/07/2014

Last Buyer's Agent

Murthy Hullekere

Single Tree Realty License #01932469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,462

Year Built

  • Built in 1993

Lot Details

  • Fenced
  • Level Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Spanish Architecture
  • Slab Foundation
  • Concrete Roof

Interior Spaces

  • 2,415 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Skylights
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Window Treatments
  • Formal Entry
  • Family Room with Fireplace
  • Formal Dining Room
  • Den
  • Bonus Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Home Security

  • Security System Owned
  • Fire Sprinkler System

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 028-27-075

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,462

Year Built

Built in 1993

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Spanish
  • Sale Price Per Sq Ft: 438.92
  • Listing Class: Residential
  • Structure Sq Ft: 2415
  • Builder Architect: Shapell
  • Incorporated: Yes
  • Map Book Page: 794
  • Map Side Coordinate: 6
  • Map Top Coordinate: A
  • Thomas Bros Page: 794
  • Thomas Brothers: A6
  • Year Built: 1993
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, Cooktop, Garbage Disposal, Refrigerator, Microwave, Oven - Self Cleaning, Oven - Built-In, 220 Volt Outlet
  • Living Sq Ft: 2415
  • Stories: 2
  • Security: Security Alarm - Owned, Fire System - Sprinkler
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Tile, Carpet - Wall to Wall
  • Additional Rooms: Bonus / Hobby Room, Den / Study / Office, Formal Entry
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Slab
  • Pool Description: Community Facility, Pool - No
  • Roof: Concrete
  • View: Local/Neighborhood
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), High Ceiling, Vaulted Ceiling, Built-in Vacuum

Condo/Co-op/Association

  • HOA Fees: 98
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 028-27-075
  • Lot Location: Cul-de-Sac
  • List Price per Sq Ft: 413.62
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4410.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4410.00
  • Lot Size Area Min Search: 4410.00
  • Maximum Lot Size: 4410.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Skylight

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2014
Closed on
Aug 26, 2014
Sold by
Kneis Brian and Onishi Lynn
Bought by
Ningappa Shivakumar and Shiv Sindhu
Seller's Agent
John Baptiste
1st Class Realty Co
Buyer's Agent
Murthy Hullekere
Single Tree Realty
List Price
$998,888
Sold Price
$1,060,000
Premium/Discount to List
$61,112
6.12%
Current Estimated Value
$2,225,537

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,165,537
Avg. Annual Appreciation
6.89%
Original Mortgage
$848,000
Outstanding Balance
$627,178
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,598,359

Purchase Details

Closed on
Jun 5, 2008
Sold by
Kneis Brian C and Onishi Lynn A
Bought by
Kneis Brian and Onishi Lynn

Purchase Details

Closed on
Dec 4, 2007
Sold by
Kneis Brian C and Onishi Lynn A
Bought by
Kneis Brian C and Onishi Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 12, 1998
Sold by
Lee Kian
Bought by
Kneis Brian C and Onishi Lynn A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
6.75%

Purchase Details

Closed on
Feb 25, 1997
Sold by
Krause Thomas D
Bought by
Lee Kian

Purchase Details

Closed on
Dec 27, 1994
Sold by
Shapell Industries Inc
Bought by
Krause Thomas D and Krause Kian Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,400
Interest Rate
8.12%
Source: Public Records

Range of Values:

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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
Ningappa Shivakumar $1,060,000 Old Republic Title Company
Kneis Brian -- None Available
Kneis Brian C -- Chicago Title Company
Kneis Brian C $525,000 Commonwealth Land Title Co
Lee Kian -- --
Krause Thomas D $363,000 Santa Clara Land Title Compa
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ningappa Shivakumar $848,000
Previous Owner Kneis Brian C $417,000
Previous Owner Kneis Brian C $420,000
Previous Owner Krause Thomas D $290,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/11/2014 09/11/14 Sold $1,060,000 +6.1% $439 / Sq Ft
08/14/2014 08/14/14 Pending -- -- --
08/07/2014 08/07/14 For Sale $998,888 -- $414 / 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 $14,462 $1,273,950 $636,975 $636,975
2024 $14,462 $1,248,972 $624,486 $624,486
2023 $14,417 $1,224,484 $612,242 $612,242
2022 $14,355 $1,200,476 $600,238 $600,238
2021 $14,146 $1,176,938 $588,469 $588,469
2020 $13,898 $1,164,870 $582,435 $582,435
2019 $13,737 $1,142,030 $571,015 $571,015
2018 $13,039 $1,119,638 $559,819 $559,819
2017 $12,869 $1,097,686 $548,843 $548,843
2016 $12,351 $1,076,164 $538,082 $538,082
2015 $12,224 $1,060,000 $530,000 $530,000
2014 $7,884 $683,838 $293,071 $390,767
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    John Baptiste

    1st Class Realty Co

  • Murthy Hullekere

    Buyer's Agent in 2014

    Murthy Hullekere

    Single Tree Realty

    (408) 386-6713

    3 in this area

    67 Total Sales

    Murthy Hullekere
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Map

Source: MLSListings

MLS Number: ML81428674

MLSListings

APN: 028-27-075

California Santa Clara County Milpitas 95035

281 Silverlake Ct, Milpitas, CA

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