NOT LISTED FOR SALE

344 Corning Ave Milpitas, CA 95035

Estimated Value: $1,236,000 - $1,353,000

3 Beds
1 Bath
1,040 Sq Ft
$1,236/Sq Ft Est. Value

Last Sold December 16, 2014

Last sale price $580,000 $558 Per Sq Ft

Est. 122% increase in value since last sale

Current estimated payment $7,463/month

21 Days on Market

Highlights

  • Breakfast Area or Nook
  • Bay Window
  • Patio
  • Anthony Spangler Elementary School Rated A
  • Double Pane Windows
  • Forced Air Heating System

About This Home

As of December 2014

Ready to make it your own. Well maintained home that has been very well kept by it's previous long term owners. Great opportunity for 1st time homebuyers or an investor looking for a good property to add to their real estate portfolio to rent out. Home features include an updated kitchen, granite counters, copper plumbing, dual pane windows, central heating, A/C, laminate floors, newer roof, +more

Last Agent to Sell the Property

Urbano Tafoya

First Valley Real Estate Company License #01755067 Listed on: 10/28/2014

Last Buyer's Agent

Murthy Hullekere

Single Tree Realty License #01932469

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,000

Year Built

  • Built in 1955

Lot Details

  • Level Lot
  • Front Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R16

Parking

  • 2 Car Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Bay Window
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Laminate Flooring
  • Laundry in Garage

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • Thermostat
  • Sewer Within 50 Feet

Listing and Financial Details

  • Assessor Parcel Number 086-09-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,000

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 59
  • Listing Class: Residential
  • Structure Sq Ft: 1040
  • Incorporated: Yes
  • Map Book Page: 813
  • Map Side Coordinate: 1
  • Map Top Coordinate: J
  • Thomas Bros Page: 813
  • Thomas Brothers: J1
  • Year Built: 1955
  • Zoning Description: R16
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Wood Burning, Yes
  • Dining Room: No Formal Dining Room, Breakfast Nook, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal
  • Living Sq Ft: 1040
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Laminate
  • Maximum Bathrooms: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Bathrooms: 1
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Exterior Features

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

Garage/Parking

  • Garage Spaces: 2
  • Garage Max: 2
  • Garage Min: 2

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Bay Window

Schools

  • School District: Milpitas Unified
  • Elementary School: Curtner Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 280
  • Middle School: 291

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 086-09-086
  • List Price per Sq Ft: 528.85
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4940.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4940.00
  • Lot Size Area Min Search: 4940.00
  • Maximum Lot Size: 4940.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows, Thermostat Controller, Ceiling Fan(s)

Multi Family

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

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Curtner Elementary
  • High School Text: Milpitas High
  • Middle School Text: Thomas Russell Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 28, 2014
Closed on
Dec 15, 2014
Sold by
Thekkekare Navashri
Bought by
Padmanabhaih Subramanya
Seller's Agent
Urbano Tafoya
First Valley Real Estate Company
Buyer's Agent
Murthy Hullekere
Single Tree Realty
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%
Current Estimated Value
$1,285,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,691
Avg. Annual Appreciation
7.61%
Original Mortgage
$464,000
Outstanding Balance
$346,425
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$939,266

Purchase Details

Listed on
Oct 28, 2014
Closed on
Nov 26, 2014
Sold by
Mcnabb Henry E and Mcnabb Yolanda
Bought by
Padmanabhaih Subramanya
Seller's Agent
Urbano Tafoya
First Valley Real Estate Company
Buyer's Agent
Murthy Hullekere
Single Tree Realty
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$464,000
Outstanding Balance
$346,425
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$939,266
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
Padmanabhaih Subramanya -- Chicago Title Company
Padmanabhaih Subramanya $580,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Padmanabhaih Subramanya $464,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2014 12/16/14 Sold $580,000 +5.5% $558 / Sq Ft
11/18/2014 11/18/14 Pending -- -- --
11/17/2014 11/17/14 For Sale $550,000 0.0% $529 / Sq Ft
11/14/2014 11/14/14 Pending -- -- --
10/28/2014 10/28/14 For Sale $550,000 -- $529 / 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 $8,000 $697,061 $522,798 $174,263
2024 $8,000 $683,395 $512,548 $170,847
2023 $7,974 $669,997 $502,499 $167,498
2022 $7,941 $656,861 $492,647 $164,214
2021 $7,825 $643,983 $482,988 $160,995
2020 $7,688 $637,381 $478,036 $159,345
2019 $7,600 $624,884 $468,663 $156,221
2018 $7,218 $612,632 $459,474 $153,158
2017 $7,124 $600,620 $450,465 $150,155
2016 $6,835 $588,844 $441,633 $147,211
2015 $6,765 $580,000 $435,000 $145,000
2014 $604 $48,015 $18,068 $29,947
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81438564

MLSListings

APN: 086-09-086