NOT LISTED FOR SALE

348 Summerfield Dr Milpitas, CA 95035

Estimated Value: $1,380,000 - $1,786,000

3 Beds
2.5 Baths
1,833 Sq Ft
$897/Sq Ft Est. Value

Last Sold July 09, 2014

Last sale price $910,000 $496 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $9,533/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Mountain View
  • Wood Flooring
  • Pearl Zanker Elementary School Rated A-
  • Contemporary Architecture
  • High Ceiling

About This Home

As of July 2014

BEAUTIFUL EXECUTIVE HOME IN NICE NEIGHBORHOOD! FRESH NEW INTERIOR PAINT~ ELEGANT WOOD LAMINATE FLOORS THROUGHOUT FAMILY & LIVING ROOM~ SEPARATE FAMILY ROOM WITH LOVELY FIREPLACE~ LARGE GOURMET KITCHEN~ CONVENIENT INSIDE LAUNDRY ROOM~ SPACIOUS MASTER SUITE W/HIS&HERS CLOSET, VAULTED CEILING & UPGRADED HARDWOOD FLOORS~ CENTRAL A/C & HEATING~ CLOSE TO MAJOR COMPANIES & GREAT MALL SHOPPING CENTER

Last Agent to Sell the Property

Frank Liu

RE/MAX Gold License #00991680 Listed on: 05/30/2014

RE/MAX Gold

Last Buyer's Agent

Frank Liu

RE/MAX Gold License #00991680

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1998

Lot Details

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

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,833 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Breakfast Room
  • Formal Dining Room
  • Utility Room

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Wall to Wall Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Sewer Within 50 Feet

Community Details

  • Property has a Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 086-45-008

Home Details

Home Type

Single Family

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 496.45
  • Listing Class: Residential
  • Structure Sq Ft: 1833
  • Incorporated: Yes
  • Map Book Page: 813
  • Map Side Coordinate: 2
  • Map Top Coordinate: J
  • Thomas Bros Page: 813
  • Thomas Brothers: J2
  • Year Built: 1998
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning, Yes
  • Dining Room: Formal Dining Room, Breakfast Room, Eat in Kitchen
  • Kitchen: Dishwasher, Garbage Disposal, Microwave, Oven Range - Built-In
  • Living Sq Ft: 1833
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, 220 Volt Outlet
  • Flooring: Laminate, Carpet - Wall to Wall, Hardwood
  • Additional Rooms: Utility Room
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3

Exterior Features

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

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Forced Air, Gas
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Double Pane Windows(s), High Ceiling

Condo/Co-op/Association

  • HOA Fees: 85
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 086-45-008
  • List Price per Sq Ft: 489.91
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4394.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4394.00
  • Lot Size Area Min Search: 4394.00
  • Maximum Lot Size: 4394.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 3, 2018
Sold by
Pulte Home Company Llc
Bought by
Chen Zhiqiang and Ye Shujun
Current Estimated Value
$1,644,128

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$582,594
Interest Rate
4.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
May 30, 2014
Closed on
Jul 8, 2014
Sold by
Leader Jeffrey P and Leader Lilly G
Bought by
Wu Mingfeng and Yang Shufei
Seller's Agent
Frank Liu
RE/MAX Gold
Buyer's Agent
Frank Liu
RE/MAX Gold
List Price
$898,000
Sold Price
$910,000
Premium/Discount to List
$12,000
1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.26%
Original Mortgage
$623,000
Interest Rate
4.07%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1998
Sold by
Dkb Homes Llc
Bought by
Leader Jeffery P and Parrish Lily G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,700
Interest Rate
7.06%
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
Chen Zhiqiang $971,000 Chicago Title Co
Wu Mingfeng $890,000 First American Title Company
Leader Jeffery P $381,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Zhiqiang $582,594
Previous Owner Wu Mingfeng $623,000
Previous Owner Leader Jeffery P $266,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2014 07/09/14 Sold $910,000 +1.3% $496 / Sq Ft
06/11/2014 06/11/14 Pending -- -- --
05/30/2014 05/30/14 For Sale $898,000 -- $490 / 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 $12,253 $1,069,637 $641,782 $427,855
2024 $12,253 $1,048,665 $629,199 $419,466
2023 $12,216 $1,028,104 $616,862 $411,242
2022 $12,166 $1,007,946 $604,767 $403,179
2021 $11,907 $988,183 $592,909 $395,274
2020 $11,699 $978,051 $586,830 $391,221
2019 $11,564 $958,874 $575,324 $383,550
2018 $10,977 $940,074 $564,044 $376,030
2017 $10,835 $921,642 $552,985 $368,657
2016 $10,397 $903,572 $542,143 $361,429
2015 $10,291 $890,000 $534,000 $356,000
2014 $5,761 $496,299 $208,401 $287,898
Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2014

    Frank Liu

    RE/MAX

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Map

Source: MLSListings

MLS Number: ML81418972

MLSListings

APN: 086-45-008

California Santa Clara County Milpitas 95035

348 Summerfield Dr, Milpitas, CA

Not Listed for Sale

Detached

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