NOT LISTED FOR SALE

283 Michigan Rd Milpitas, CA 95035

Estimated Value: $1,564,000 - $1,743,000

3 Beds
3 Baths
1,860 Sq Ft
$890/Sq Ft Est. Value

About This Home

This home is located at 283 Michigan Rd, Milpitas, CA 95035 and is currently estimated at $1,655,620, approximately $890 per square foot. 283 Michigan Rd is a home located in Santa Clara County with nearby schools including Curtner Elementary School, Thomas Russell Middle School, and Milpitas High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 1, 2021
Sold by
Ching Lai Peng
Bought by
Ching Lai Peng and Lai Peng Ching Living Trust
Current Estimated Value
$1,655,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$467,500
Outstanding Balance
$383,127
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$1,272,493

Purchase Details

Closed on
Sep 9, 2020
Sold by
Peng Ching Lai
Bought by
Lai Peng Ching Living Trust and Ching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 30, 2020
Sold by
Ching Lai Peng
Bought by
Ching Lai Peng and Lai Peng Ching Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
3.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 18, 2019
Sold by
Peng Ching Lai
Bought by
Peng Ching Lai and Lai Peng Ching Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
3.5%

Purchase Details

Closed on
Aug 24, 2015
Sold by
Ching Lai P
Bought by
Ching Lai Peng

Purchase Details

Closed on
Jul 18, 2012
Sold by
Ching Lai Peng
Bought by
Ching Lai Peng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 4, 2011
Sold by
Ching Lai Peng
Bought by
Ching Lai Peng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,000
Interest Rate
4.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 17, 2004
Sold by
Ching Lai Peng and Lai Peng Ching Living Trust
Bought by
Ching Lai P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 20, 2002
Sold by
Arellano Edith C and Mckay Michelle E
Bought by
Ching Lai Peng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,300
Interest Rate
5.25%

Purchase Details

Closed on
Oct 21, 2002
Sold by
Liaw Yit Loong
Bought by
Ching Lai Peng

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$347,300
Interest Rate
5.25%

Purchase Details

Closed on
Jul 18, 2000
Sold by
Arellano Edith C and Arellano Michele E
Bought by
Arellano Edith C and Mckay Michelle E

Purchase Details

Closed on
Jan 3, 1997
Sold by
Arellano Edith C and Arellano Michelle E
Bought by
Arellano Michelle E and Arellano Edith C
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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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
Ching Lai Peng -- Wfg National Title Ins Co
Ching Lai Peng -- Wfg National Title Ins Co
Lai Peng Ching Living Trust -- Chicago Title
Ching Lai Peng -- Chicago Title
Ching Lai Peng -- Chicago Title
Ching Lai Peng -- Chicago Title
Peng Ching Lai -- Fidelity National Title Co
Peng Ching Lai -- Fidelity National Title Co
Ching Lai Peng -- Old Republic Title Company
Ching Lai Peng -- Accommodation
Ching Lai Peng -- Fidelity National Title Co
Ching Lai Peng -- North American Title Company
Ching Lai Peng -- North American Title Company
Ching Lai P -- Old Republic Title Company
Ching Lai Peng -- --
Ching Lai Peng $438,000 Alliance Title Company
Ching Lai Peng -- Alliance Title Company
Arellano Edith C $133,500 --
Mckay Michelle E -- --
Arellano Michelle E -- Fidelity National Title Co
Arellano Michelle E -- Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ching Lai Peng $467,500
Closed Ching Lai Peng $470,000
Previous Owner Ching Lai Peng $150,000
Previous Owner Peng Ching Lai $425,000
Previous Owner Ching Lai Peng $378,000
Previous Owner Ching Lai Peng $378,000
Previous Owner Ching Lai Peng $38,000
Previous Owner Ching Lai Peng $391,000
Previous Owner Ching Lai Peng $400,000
Previous Owner Ching Lai P $100,000
Previous Owner Ching Lai Peng $347,000
Previous Owner Ching Lai Peng $347,300
Previous Owner Arellano Michelle E $182,100
Closed Ching Lai Peng $25,000
Source: Public Records

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 $7,377 $634,346 $289,656 $344,690
2024 $7,377 $621,909 $283,977 $337,932
2023 $7,354 $609,715 $278,409 $331,306
2022 $7,326 $597,760 $272,950 $324,810
2021 $7,220 $586,041 $267,599 $318,442
2020 $7,095 $580,033 $264,856 $315,177
2019 $7,016 $568,661 $259,663 $308,998
2018 $6,666 $557,512 $254,572 $302,940
2017 $6,580 $546,581 $249,581 $297,000
2016 $6,314 $535,865 $244,688 $291,177
2015 $6,251 $527,817 $241,013 $286,804
2014 $6,080 $517,478 $236,292 $281,186
Source: Public Records

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