NOT LISTED FOR SALE

300 Spence Ave Milpitas, CA 95035

Estimated Value: $1,423,000 - $1,567,000

3 Beds
2 Baths
1,235 Sq Ft
$1,209/Sq Ft Est. Value

Last Sold February 11, 2015

Last sale price $715,000 $579 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $8,627/month

13 Days on Market

Highlights

  • Primary Bedroom Suite
  • Marble Flooring
  • Double Pane Windows
  • Anthony Spangler Elementary School Rated A-
  • Neighborhood Views
  • Breakfast Bar

About This Home

As of February 2015

Gorgeous single family in central Milpitas. Massive Remodeled with city permit, show like a model.Great open floor plan, no waste of any space.New kitchen/bath/Appliance/dual-pane window/doors/Heater/furnace etc. All South-facing Kitchen/living/master bed with natural lights. Up-trend school API (869/870/830. Huge 8100+ Lot. Walk to shopping/school/library etc. Buy before Milpitas become too hot.

Last Agent to Sell the Property

Cindy Liu

Starriver Inc License #01458200 Listed on: 05/29/2014

Last Buyer's Agent

Gowthaman Gurusamy

Realty Champion Inc License #01905323

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

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

Parking

  • 2 Car Garage
  • Off-Street Parking

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,235 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher

Flooring

  • Laminate
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 022-25-024

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1235
  • Incorporated: Yes
  • Map Book Page: 793
  • Map Side Coordinate: 7
  • Map Top Coordinate: J
  • Thomas Bros Page: 793
  • Thomas Brothers: J7
  • Year Built: 1955
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room, No Separate Family Room
  • Dining Room: Dining "L", Breakfast Bar
  • Kitchen: Dishwasher, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1235
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Garage, In Laundry Room, 220 Volt Outlet
  • Flooring: Laminate, Marble
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Off-Street Parking

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s)

Schools

  • High School: 293

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 022-25-024
  • List Price per Sq Ft: 582.19
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 8100.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 8100.00
  • Lot Size Area Min Search: 8100.00
  • Maximum Lot Size: 8100.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Anthony Spangler Elementary
  • High School Text: Milpitas High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 16, 2020
Sold by
Louis Jerry and Devadass Dorathy
Bought by
Louis Jerry and Devadass Dorathy
Current Estimated Value
$1,493,488

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,400
Outstanding Balance
$434,541
Interest Rate
3.2%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,058,947

Purchase Details

Listed on
May 29, 2014
Closed on
Jan 22, 2015
Sold by
Liu Xin and Guan Yiyue
Bought by
Louis Jerry
Seller's Agent
Cindy Liu
Starriver Inc
Buyer's Agent
Gowthaman Gurusamy
Realty Champion Inc
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.99%
Original Mortgage
$536,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 29, 2014
Closed on
Jan 16, 2015
Sold by
Louis Jerry
Bought by
Jerry Louis & Dorathy Devadass Revocable and Devadass Dorathy
Seller's Agent
Cindy Liu
Starriver Inc
Buyer's Agent
Gowthaman Gurusamy
Realty Champion Inc
List Price
$729,000
Sold Price
$715,000
Premium/Discount to List
-$14,000
-1.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$536,250
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Jul 9, 2013
Closed on
Jul 26, 2013
Sold by
Nesmith Kenneth W and Nesmith Alan
Bought by
Liu Xin and Guan Yiyue
Seller's Agent
Debbie Rossetto
Legacy Real Estate & Associates
Buyer's Agent
Alice Lin
Starriver Inc
List Price
$465,000
Sold Price
$485,000
Premium/Discount to List
$20,000
4.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.88%

Purchase Details

Closed on
Dec 18, 2009
Sold by
Nesmith Dorothy M and Nesmith George W
Bought by
Dorothy M Nesmith Trust and Nesmith Dorothy M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Louis Jerry -- Fidelity National Ttle
Louis Jerry -- Fidelity National Title
Louis Jerry $715,000 Wfg National Title
Jerry Louis & Dorathy Devadass Revocable $715,000 Wfg National Title Ins Co
Louis Jerry -- Wfg National Title Ins Co
Liu Xin $485,000 Chicago Title Company
Dorothy M Nesmith Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Louis Jerry $492,400
Closed Louis Jerry $536,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/11/2015 02/11/15 Sold $715,000 0.0% $579 / Sq Ft
11/04/2014 11/04/14 Off Market $715,000 -- --
10/08/2014 10/08/14 Price Changed $719,000 -1.4% $582 / Sq Ft
08/25/2014 08/25/14 For Sale $729,000 +2.0% $590 / Sq Ft
08/21/2014 08/21/14 Off Market $715,000 -- --
06/13/2014 06/13/14 For Sale $729,000 0.0% $590 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
05/29/2014 05/29/14 For Sale $729,000 +50.3% $590 / Sq Ft
08/02/2013 08/02/13 Sold $485,000 +4.3% $393 / Sq Ft View Prior Sale
07/23/2013 07/23/13 Pending -- -- --
07/09/2013 07/09/13 For Sale $465,000 -- $377 / 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 $9,897 $859,314 $429,657 $429,657
2024 $9,897 $842,466 $421,233 $421,233
2023 $9,867 $825,948 $412,974 $412,974
2022 $9,827 $809,754 $404,877 $404,877
2021 $9,685 $793,878 $396,939 $396,939
2020 $9,517 $785,738 $392,869 $392,869
2019 $9,409 $770,332 $385,166 $385,166
2018 $8,935 $755,228 $377,614 $377,614
2017 $8,821 $740,420 $370,210 $370,210
2016 $8,465 $725,902 $362,951 $362,951
2015 $5,874 $494,690 $305,994 $188,696
2014 $5,712 $485,000 $300,000 $185,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81418900

MLSListings

APN: 022-25-024