NOT LISTED FOR SALE

331 Spence Ave Milpitas, CA 95035

Estimated Value: $1,416,314 - $1,613,000

3 Beds
2 Baths
1,116 Sq Ft
$1,347/Sq Ft Est. Value

Last Sold August 19, 2022

Last sale price $1,305,000 $1,169 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,142/month

10 Days on Market

Highlights

  • Traditional Architecture
  • 1 Fireplace
  • Neighborhood Views
  • Anthony Spangler Elementary School Rated A-
  • Granite Countertops
  • 4-minute walk to Starlite Park

About This Home

As of August 2022

Simply Stunning with tons of designer features throughout!*Plenty of room to add on or build an ADU on the large 6150SF Lot*Beautifully updated kitchen with new granite counters & backsplash, wood cabinetry with brushed nickel hardware, free-standing gas range, new stainless steel rangehood, stainless steel sink and garden window*Dining area off of kitchen with ceiling fan*Spacious family area with custom hearth and wood burning fireplace insert plus slider leading to backyard*Hall bath features new granite vanity top, vessel sink, brushed nickel accents and resurfaced tub*Primary bath with stylish farmer's vanity, designer accents and resurfaced stall shower*Fresh Interior Paint, New Laminate Flooring, New Baseboards, New Light Fixtures throughout*New Garage Door*Drought tolerant landscaping in front and rear yards*Well established neighborhood*Conveniently located walking distance to elementary school, shopping, restaurants, while minutes away from public transportation & freeways.

Last Agent to Sell the Property

Sandra Zib

Intero Real Estate Services License #01220688 Listed on: 07/09/2022

Intero Real Estate Services

Last Buyer's Agent

Anil Kumar

Keller Williams Tri-Valley License #01458792

Keller Williams Tri-Valley

Home Details

Home Type

  • Single Family

Year Built

  • 1955

Lot Details

  • 6,151 Sq Ft Lot
  • Wood Fence
  • Drought Tolerant Landscaping
  • Back Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,116 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • 1 Fireplace
  • Garden Windows
  • Separate Family Room
  • Dining Area
  • Laminate Flooring
  • Neighborhood Views
  • Laundry in Garage

Kitchen

  • Gas Oven
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms
  • Bathtub
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating System
  • Wood Insert Heater

Home Details

Home Type

Single Family

Year Built

1955

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1
  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1116
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1955

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Insert
  • Dining Room: Dining Area
  • Kitchen: Countertop - Granite, Garbage Disposal, Oven Range - Gas
  • Fireplace: Yes
  • Living Sq Ft: 1116
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Stall Shower, Tub

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, Drought Tolerant Plants, Fenced
  • Fencing: Wood

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Garden Window

Schools

  • High School: 293

Lot Info

  • Lot Description: Regular
  • Lot Acres: 0.1412
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6150.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6150.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2022
Closed on
Aug 11, 2022
Sold by
Theresa Todd
Bought by
Annavaram Dheeraj Reddy and Gutha Hindhuja
Seller's Agent
Sandra Zib
Intero Real Estate Services
Buyer's Agent
Anil Kumar
Keller Williams Tri-Valley
List Price
$1,200,000
Sold Price
$1,305,000
Premium/Discount to List
$105,000
8.75%
Current Estimated Value
$1,503,079

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$198,079
Avg. Annual Appreciation
4.27%
Original Mortgage
$1,174,370
Outstanding Balance
$1,110,526
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$392,553

Purchase Details

Closed on
Nov 8, 1993
Sold by
Todd Roy B
Bought by
Todd Roy B and Todd Theresa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
6.88%
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
Annavaram Dheeraj Reddy $1,305,000 Fidelity National Title
Todd Roy B -- Chicago Title Insurance Co
Todd Roy B -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Annavaram Dheeraj Reddy $1,174,370
Previous Owner Todd Roy B $131,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2022 08/19/22 Sold $1,305,000 +8.8% $1,169 / Sq Ft
07/20/2022 07/20/22 Pending -- -- --
07/09/2022 07/09/22 For Sale $1,200,000 -- $1,075 / 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 $15,481 $1,357,721 $882,467 $475,254
2024 $15,481 $1,331,100 $865,164 $465,936
2023 $15,481 $1,205,000 $783,200 $421,800
2022 $981 $66,989 $20,868 $46,121
2021 $966 $65,676 $20,459 $45,217
2020 $950 $65,004 $20,250 $44,754
2019 $941 $63,730 $19,853 $43,877
2018 $902 $62,481 $19,464 $43,017
2017 $891 $61,257 $19,083 $42,174
2016 $850 $60,057 $18,709 $41,348
2015 $841 $59,155 $18,428 $40,727
2014 $801 $57,998 $18,068 $39,930
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81899659

MLSListings

APN: 022-26-015