NOT LISTED FOR SALE

341 Spring Valley Ln Milpitas, CA 95035

Estimated Value: $1,676,000 - $1,829,000

4 Beds
2 Baths
1,523 Sq Ft
$1,133/Sq Ft Est. Value

Last Sold October 27, 2023

Last sale price $1,600,000 $1,051 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $10,398/month

5 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Wood Flooring
  • William Burnett Elementary School Rated A
  • Mountain View
  • Quartz Countertops

About This Home

As of October 2023

*The Modern masterpiece represents Luxury and Design excellence with captivating Views of Rolling Hills Views. *CHECK OUT 3D WALK-IN TOURs/PHOTOS/VIDEOS like being @HOME *A 4-bedroom, 2-bathroom Home, thoroughly renovated, with a family and living room. *Abundant NATURAL LIGHT flows throughout the Home, creating a warm and inviting atmosphere ( EAST Facing Entrance ) Over $275,000 in elegant upgrades and meticulous details enhance the Home *Experience Country-like Tranquility in a Serene BACKYARD for Entertaining Loved Ones *NO Neighbors overlooking the Backyard, providing maximum PRIVACY *Energy-SAVING features Amplified with Owned Solar Panels and Tesla Charger *State-of-the-art kitchen Equipped with a Gas Range & Custom closets; every closet has a Custom pullout drawer *Modern Bathrooms with Style and Elegance *Smart Home Amenities Wi-Fi-Controlled Switches, Windows Shades, AC/Heating, Skylights, Copper Plumbing & MORE *LOW maintenance front and back yard for easy life

Last Agent to Sell the Property

Amar Realtor

Keller Williams Palo Alto License #01889230 Listed on: 09/21/2023

Keller Williams Palo Alto

Last Buyer's Agent

Rajeev Awasty

Intero Real Estate Services License #01272705

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1971

Lot Details

  • 6,281 Sq Ft Lot
  • Back and Front Yard Fenced
  • Level Lot
  • Sprinklers on Timer
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Rolled or Hot Mop Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,523 Sq Ft Home
  • 1-Story Property
  • Skylights
  • Double Pane Windows
  • Formal Dining Room
  • Den

Kitchen

  • Open to Family Room
  • Built-In Oven
  • Gas Oven
  • Microwave
  • Freezer
  • Ice Maker
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Eco-Friendly Details

  • Energy-Efficient HVAC
  • ENERGY STAR/CFL/LED Lights
  • Solar Power System

Outdoor Features

  • Balcony
  • Barbecue Area

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 029-29-037

Home Details

Home Type

Single Family

Year Built

Built in 1971

Lot Details

6,281 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1523
  • Year Built: 1971
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Dining Room: Dining Area, Dining Area in Family Room, Formal Dining Room
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Ice Maker, Microwave, Oven Range - Built-In, Oven Range - Built-In, Gas, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1523
  • Stories: 1
  • Bedrooms: More than One Bedroom on Ground Floor, More than One Primary Bedroom, More than One Primary Bedroom on Ground Floor, Primary Suite / Retreate - 2+
  • Laundry: Dryer, Electricity Hookup (220V), In Garage, Washer
  • Flooring: Hardwood, Tile, Wood
  • Additional Rooms: Den / Study / Office
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower, Tile, Tub, Updated Bath

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Rolled Composition
  • View: Hills, Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Balcony / Patio, BBQ Area, Fenced, Low Maintenance, Sprinklers - Auto
  • Fencing: Fenced Back, Fenced Front, Gate, Rail

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: 293

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 029-29-037
  • Lot Acres: 0.1442
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6281.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6281.00

Green Features

  • Energy Features: Double Pane Windows, Energy Star Appliances, Energy Star HVAC, Energy Star Lighting, Solar Power

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: William Burnett Elementary
  • High School Text: Milpitas High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2023
Closed on
Oct 19, 2023
Sold by
Reddy Punuru and Reddy Sravan
Bought by
Jain Saransh and Jain Shubhi
Seller's Agent
Amar Realtor
Keller Williams Palo Alto
Buyer's Agent
Rajeev Awasty
Intero Real Estate Services
List Price
$1,299,888
Sold Price
$1,600,000
Premium/Discount to List
$300,112
23.09%
Views
322
Current Estimated Value
$1,724,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$124,997
Avg. Annual Appreciation
3.25%
Original Mortgage
$1,050,000
Outstanding Balance
$1,027,015
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$697,982

Purchase Details

Listed on
May 16, 2019
Closed on
Jun 26, 2019
Sold by
Schultz Daniel and Schultz Sonja
Bought by
Reddy Punuru Nikhila and Reddy Rekula Sravan
Seller's Agent
Will Bateson
Sidewalk Homes
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$998,000
Sold Price
$1,010,007
Premium/Discount to List
$12,007
1.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.21%
Original Mortgage
$808,005
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 2, 2015
Sold by
Schultz Sonja and Schultz Daniel
Bought by
Schultz Daniel and Schultz Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 27, 2005
Sold by
Miller Lewis E and Miller Hester A
Bought by
Schultz Daniel and Schultz Sonja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,300
Interest Rate
5.48%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jain Saransh $1,600,000 Fidelity National Title Compan
Reddy Punuru Nikhila $1,017,500 Orange Coast Ttl Co Of Nocal
Schultz Daniel -- Fidelity National Title Co
Schultz Daniel $600,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Saransh $1,050,000
Previous Owner Reddy Punuru Nikhila $808,005
Previous Owner Schultz Daniel $520,000
Previous Owner Schultz Daniel $55,300
Previous Owner Schultz Daniel $359,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/27/2023 10/27/23 Sold $1,600,000 0.0% $1,051 / Sq Ft
09/27/2023 09/27/23 Price Changed $1,600,000 +23.1% $1,051 / Sq Ft
09/27/2023 09/27/23 Pending -- -- --
09/21/2023 09/21/23 For Sale $1,299,888 +28.7% $854 / Sq Ft
07/01/2019 07/01/19 Sold $1,010,007 +1.2% $852 / Sq Ft View Prior Sale
06/08/2019 06/08/19 Pending -- -- --
05/30/2019 05/30/19 For Sale $998,000 0.0% $841 / Sq Ft
05/23/2019 05/23/19 Pending -- -- --
05/16/2019 05/16/19 For Sale $998,000 -- $841 / Sq Ft
Source: MLSListings

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 $18,461 $1,632,000 $1,224,000 $408,000
2024 $18,461 $1,600,000 $1,200,000 $400,000
2023 $12,599 $1,069,046 $694,827 $374,219
2022 $12,545 $1,048,085 $681,203 $366,882
2021 $12,362 $1,027,536 $667,847 $359,689
2020 $12,145 $1,017,001 $661,000 $356,001
2019 $962 $66,524 $19,853 $46,671
2018 $922 $65,220 $19,464 $45,756
2017 $910 $63,942 $19,083 $44,859
2016 $868 $62,689 $18,709 $43,980
2015 $858 $61,748 $18,428 $43,320
2014 $817 $60,540 $18,068 $42,472
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81942707

MLSListings

APN: 029-29-037

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