NOT LISTED FOR SALE

2965 Miles Dr Santa Clara, CA 95051

Estimated Value: $2,001,041 - $2,324,000

3 Beds
2 Baths
1,425 Sq Ft
$1,497/Sq Ft Est. Value

Last Sold January 21, 2016

Last sale price $1,212,000 $851 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $12,590/month

56 Days on Market

Highlights

  • Granite Flooring
  • Deck
  • Ground Level Unit
  • Central Park Elementary Rated A
  • Marble Bathroom Countertops
  • Granite Countertops

About This Home

As of January 2016

New Central Park Elementary School assigned(**).Open Floor Plan Modern Living ,Santa Clara Neighborhood. 3B/2Bath with 500 SFT Deck.Experience Garden Serenity.New Presidential Roof,Designer Chef Kitchen,Granite Counters,Center Island,Bathrooms,Copper Plumbing,DP Windows,Hardwood Floor,SS appliances,Custom Oak Mantel too many to List. Come and Experience it.Walk/Bike to New Apple space Ship,Library, Central Park, SC Schools, Easy Access to Shopping,49's,High Tech, Express Ways, Freeways 101, 280, 85, 880,17.

Last Agent to Sell the Property

Davis Wang

Realty Pro License #01042611 Listed on: 10/21/2015

Co-Listed By

Anand Vipparthy

Realty Pro License #01798080

Last Buyer's Agent

Jung-yuan Lin

Realty One Group Infinity License #01947236

Realty One Group Infinity

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,398

Year Built

  • Built in 1957

Lot Details

  • Fenced
  • Sprinklers on Timer
  • Back Yard
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Reinforced Concrete Foundation
  • Pillar, Post or Pier Foundation
  • Wood Frame Construction
  • Ceiling Insulation
  • Shingle Roof
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,425 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Dining Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Electric Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • No Kitchen Appliances
  • Kitchen Island
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Stone
  • Granite

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Additional Features

  • Deck
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 290-25-059

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,398

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Property Condition: Built / Remodeled Green
  • Listing Class: Residential
  • Structure Sq Ft: 1425
  • Incorporated: Yes
  • Year Built: 1957
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area, Eat in Kitchen, No Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Island, Microwave, No Appliances, Oven - Electric, Refrigerator
  • Living Sq Ft: 1425
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Granite, Hardwood, Stone
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Granite, Marble, Shower and Tub, Stall Shower, Tile, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter, Post and Pier, Reinforced Concrete
  • Roof: Composition, Shingle
  • Yard/Grounds: Back Yard, Deck, Sprinklers - Auto
  • Fencing: Fenced
  • Construction Type: Concrete, Steel, Wood Frame

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Skylight

Schools

  • High School: 408

Lot Info

  • Lot Description: Ground Floor
  • Parcel Number: 290-25-059
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6302.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6302.00

Green Features

  • Energy Features: Ceiling Insulation, Double Pane Windows, Low Flow Toilet, Skylight

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters, Public Utilities

MLS Schools

  • High School District Text: Santa Clara Unified
  • High School Text: Santa Clara High
  • Middle School Text: Juan Cabrillo Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2015
Closed on
Jan 14, 2016
Sold by
Vipparthy Murthy and Neti Vijayalaxmi
Bought by
Li Weiliang and Wang Yi Chu
Seller's Agent
Davis Wang
Realty Pro
Buyer's Agent
Jung-yuan Lin
Realty One Group Infinity
List Price
$1,199,888
Sold Price
$1,212,000
Premium/Discount to List
$12,112
1.01%
Current Estimated Value
$2,133,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$921,510
Avg. Annual Appreciation
5.96%
Original Mortgage
$969,600
Outstanding Balance
$770,132
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$1,363,378

Purchase Details

Closed on
Mar 16, 2010
Sold by
Vipparthy Murthy and Neti Vijayalaxmi
Bought by
Vipparthy Murthy and Neti Vijayalaxmi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2006
Sold by
Vipparthy Murthy
Bought by
Vipparthy Murthy and Neti Vijayalaxmui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2006
Sold by
Ma Patrick W and Cheng Gloria Y
Bought by
Vipparthy Murthy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$595,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 16, 1999
Sold by
Chapman David H and Chapman Sandra M
Bought by
Ma Patrick W and Cheng Gloria Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.1%
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
Li Weiliang $1,212,000 Chicago Title Company
Vipparthy Murthy -- First American Title Company
Vipparthy Murthy -- Cornerstone Title Company
Vipparthy Murthy $744,000 Cornerstone Title Company
Vipparthy Murthy -- Cornerstone Title Company
Ma Patrick W $406,500 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Li Weiliang $969,600
Previous Owner Vipparthy Murthy $580,000
Previous Owner Vipparthy Murthy $595,200
Previous Owner Ma Patrick W $325,000
Closed Ma Patrick W $40,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/21/2016 01/21/16 Sold $1,212,000 -1.1% $851 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
12/10/2015 12/10/15 Price Changed $1,224,888 +2.1% $860 / Sq Ft
10/21/2015 10/21/15 For Sale $1,199,888 0.0% $842 / Sq Ft
08/17/2014 08/17/14 Rented $3,500 -9.1% --
08/17/2014 08/17/14 Under Contract -- -- --
06/06/2014 06/06/14 For Rent $3,850 +18.5% --
05/12/2012 05/12/12 Rented $3,250 0.0% --
05/08/2012 05/08/12 Under Contract -- -- --
04/15/2012 04/15/12 For Rent $3,250 -- --
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 $16,398 $1,434,754 $1,076,068 $358,686
2024 $16,398 $1,406,622 $1,054,969 $351,653
2023 $16,232 $1,379,042 $1,034,284 $344,758
2022 $15,956 $1,352,003 $1,014,004 $337,999
2021 $15,893 $1,325,494 $994,122 $331,372
2020 $15,604 $1,311,904 $983,929 $327,975
2019 $15,582 $1,286,182 $964,637 $321,545
2018 $14,576 $1,260,964 $945,723 $315,241
2017 $14,504 $1,236,240 $927,180 $309,060
2016 $10,148 $858,869 $644,040 $214,829
2015 $10,110 $845,969 $634,366 $211,603
2014 $8,855 $763,000 $572,200 $190,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81519684

MLSListings

APN: 290-25-059