NOT LISTED FOR SALE

315 Tramway Dr Milpitas, CA 95035

Estimated Value: $2,380,000 - $2,596,000

4 Beds
3 Baths
2,973 Sq Ft
$835/Sq Ft Est. Value

Last Sold May 08, 2015

Last sale price $1,196,000 $402 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $14,862/month

12 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Forced Air Heating and Cooling System
  • Curtner Elementary School Rated A
  • Granite Countertops
  • 4-minute walk to Hidden Lake Park

About This Home

As of May 2015

Shapell Executive Home With Huge Bonus Room, Vaulted Ceiling in Living Room and Upstairs Master Bed Room, Formal Dining Room, Separate Family Room. One Bed, One Bath Downstairs, Updated Kitchen with Maple Cabinet, Granite Countertop, Garden Window in Eating Area, Updated All Bathrooms, New Carpet, New Floor in Living, Dining Area, New Interior Paint.

Last Agent to Sell the Property

Richard Chung

Richard Chung, Broker License #01083825 Listed on: 04/05/2015

Last Buyer's Agent

Gina Arigna

Intero Real Estate Services License #01256706

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,373

Year Built

  • Built in 1986

Lot Details

  • 5,314 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Car Garage

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,973 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Bonus Room
  • Washer and Dryer Hookup

Kitchen

  • Built-In Oven
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms
  • Dual Sinks
  • Bathtub Includes Tile Surround

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 028-15-090

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,373

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 29
  • Listing Class: Residential
  • Structure Sq Ft: 2973
  • Year Built: 1986
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Dishwasher, Oven Range - Built-In, Pantry
  • Living Sq Ft: 2973
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Carpet, Hardwood, Tile, Vinyl / Linoleum
  • Additional Rooms: Bonus / Hobby Room
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 4
  • Minimum Numberof Bedrooms: 4
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition

Garage/Parking

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

Utilities

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

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 028-15-090
  • Lot Acres: 0.1220
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5304.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5304.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2015
Closed on
May 6, 2015
Sold by
Chang Chi Lung
Bought by
Somanathan Sathish and Sathish Nanditha
Seller's Agent
Richard Chung
Richard Chung, Broker
Buyer's Agent
Gina Arigna
Intero Real Estate Services
List Price
$1,098,000
Sold Price
$1,196,000
Premium/Discount to List
$98,000
8.93%
Current Estimated Value
$2,482,116

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,286,116
Avg. Annual Appreciation
7.33%
Original Mortgage
$114,000
Interest Rate
3.63%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 28, 2000
Sold by
Lung Chang Chi
Bought by
Chang Chi Lung
Source: Public Records

Range of Values:

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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
Somanathan Sathish $1,196,000 Old Republic Title Company
Chang Chi Lung -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Somanathan Sathish $796,000
Closed Somanathan Sathish $807,000
Closed Somanathan Sathish $114,000
Closed Somanathan Sathish $912,000
Closed Somanathan Sathish $114,000
Previous Owner Chang Chi Lung $300,700
Previous Owner Chang Chi Lung $300,700
Previous Owner Chang Chi Lung $300,700
Previous Owner Chang Chi Lung $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/08/2015 05/08/15 Sold $1,196,000 +8.9% $402 / Sq Ft
04/17/2015 04/17/15 Pending -- -- --
04/05/2015 04/05/15 For Sale $1,098,000 -- $369 / 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 $16,373 $1,437,403 $901,381 $536,022
2024 $16,373 $1,409,219 $883,707 $525,512
2023 $16,323 $1,381,588 $866,380 $515,208
2022 $16,255 $1,354,499 $849,393 $505,106
2021 $16,019 $1,327,941 $832,739 $495,202
2020 $15,740 $1,314,326 $824,201 $490,125
2019 $15,559 $1,288,556 $808,041 $480,515
2018 $14,768 $1,263,292 $792,198 $471,094
2017 $14,577 $1,238,522 $776,665 $461,857
2016 $13,992 $1,214,238 $761,437 $452,801
2015 $6,732 $570,139 $235,410 $334,729
2014 -- $558,972 $230,799 $328,173
Source: Public Records

Agents Affiliated with this Home

  • Richard Chung

    Seller's Agent in 2015

    Richard Chung

    Richard Chung, Broker

    (408) 568-2549

    1 in this area

    31 Total Sales

    Richard Chung
    Section Image

  • G

    Buyer's Agent in 2015

    Gina Arigna

    Intero Real Estate Services

    Section Image
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Map

Source: MLSListings

MLS Number: ML81458364

MLSListings

APN: 028-15-090

California Santa Clara County Milpitas 95035

315 Tramway Dr, Milpitas, CA

This home is located at 315 Tramway Dr, Milpitas, CA 95035 since 05 April 2015 and is currently estimated at $2,482,116, approximately $834 per square foot. This property was built in 1986. 315 Tramway Dr is a home located in Santa Clara County with nearby schools including Curtner Elementary School, Thomas Russell Middle School, and Milpitas High School.

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