NOT LISTED FOR SALE

373 Spence Ave Milpitas, CA 95035

Estimated Value: $1,519,000 - $1,641,000

3 Beds
2 Baths
1,401 Sq Ft
$1,116/Sq Ft Est. Value

Last Sold May 05, 2016

Last sale price $873,000 $623 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $9,155/month

12 Days on Market

Highlights

  • View of Hills
  • Deck
  • Granite Countertops
  • Anthony Spangler Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Starlite Park

About This Home

As of May 2016

Elegantly Remodeled Milpitas Manor Single Story Home Full of Modern Upgrades**Pride of Ownership*Updated Kitchen with Granite Counter tops & glass Mosaic Tile Back Splash,Newly Painted Cabinets*Walk-in Pantry,Tile Flooring & New Microwave Range*Recessed LED Lighting & Light Fixtures*Refinished Cherry Oak Hardwood Flooring throughout*New Fireplace Mantel*New Interior & Exterior Doors*Updated Baths with Single Sink Vanities with Granite tops & Fixtures*Copper Plumbing*Newer Water Heater & Furnace*New Electric Panel*New Interior Insulation with Custom wall texturing*New Exterior Stucco*New Modern Interior/Exterior Paint*Newer Roof(6 yrs)*Pristine Landscaping with New Sod*Covered Deck In Back-Freshly Painted, Great for Entertaining*Convenient Location Close to Schools, Parks, Shopping & Freeways*Make this the First Stop on Your List!!

Last Agent to Sell the Property

Malik Husain

Intero Real Estate Services License #00987513 Listed on: 03/17/2016

Intero Real Estate Services

Last Buyer's Agent

RECIP

Out of Area Office License #00000000

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 6,011 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,401 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Combination Dining and Living Room
  • Views of Hills
  • Washer and Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower
  • Bathtub Includes Tile Surround

Outdoor Features

  • Deck

Utilities

  • Forced Air Heating System
  • Vented Exhaust Fan
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 022-26-020

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1401
  • Incorporated: Yes
  • Year Built: 1955
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Dining Area in Living Room, Eat in Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Gas, Pantry, Refrigerator
  • Living Sq Ft: 1401
  • Stories: 1
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Granite, Shower and Tub, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Composition
  • View: Hills
  • Yard/Grounds: Deck, Sprinklers - Auto

Garage/Parking

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

Utilities

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

Schools

  • High School: 293

Lot Info

  • Lot Description: Grade - Level
  • Parcel Number: 022-26-020
  • Lot Acres: 0.1380
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5998.21
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5998.21

Green Features

  • Energy Features: Double Pane Windows, Low Flow Toilet

Multi Family

  • Utilities: Public Utilities

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2019
Sold by
Bhanage Gautam Dilip and Lele Smruti Dilip
Bought by
Bhanage Gautam Dilip and Lele Smruti Dilip
Current Estimated Value
$1,563,565

Purchase Details

Listed on
Mar 17, 2016
Closed on
Apr 14, 2016
Sold by
Namboodiri Parameswaran and Vaykakkara Sarita
Bought by
Bhanage Gautam D and Lele Smruti
Seller's Agent
Malik Husain
Intero Real Estate Services
Buyer's Agent
RECIP
Out of Area Office
List Price
$795,000
Sold Price
$873,000
Premium/Discount to List
$78,000
9.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.23%
Original Mortgage
$698,400
Interest Rate
2.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 22, 2013
Sold by
Namboodiri Parameswaran
Bought by
Namboodiri Parameswaran and Vaykakkara Sarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2013
Sold by
Vaykakkara Sarita
Bought by
Namboodiri Parameswaran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$393,500
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2008
Sold by
Bank Of New York
Bought by
Namboodiri Parameswaran and Vaykakkara Sarita

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 23, 2008
Sold by
Mangaoang Cecilia
Bought by
Bank Of New York

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.72%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 14, 2006
Sold by
Mangaoang Ferdinand A
Bought by
Mangaoang Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,800
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 11, 2006
Sold by
Finuliar Antonio and Finuliar Elisa
Bought by
Mangaoang Cecilia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,800
Interest Rate
6.22%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 18, 2006
Sold by
Oblea Portia V
Bought by
Finuliar Antonio and Finuliar Elisa

Purchase Details

Closed on
Jun 8, 2005
Sold by
Oblea Gabino
Bought by
Oblea Portia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,000
Interest Rate
6.12%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 6, 2002
Sold by
Mangaoang Robinson P
Bought by
The Bank Of New York Trust

Purchase Details

Closed on
Jun 25, 2001
Sold by
Simon Fortunato C and Simon Marivic P
Bought by
Mangaoang Robinson P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
7.14%

Purchase Details

Closed on
Mar 26, 2001
Sold by
Simon Fortunato C and Simon Marivic P
Bought by
Simon Fortunato C and Simon Marivic P

Purchase Details

Closed on
Jan 17, 2001
Sold by
Simon Felisa C
Bought by
Simon Felisa C and Simon Catalina

Purchase Details

Closed on
Jun 21, 1999
Sold by
Simon Fortunato C and Simon Hector C
Bought by
Simon Fortunato C and Simon Marivic P

Purchase Details

Closed on
Dec 2, 1994
Sold by
Simon Felisa
Bought by
Simon Fortunato C and Simon Hector C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Bhanage Gautam Dilip -- None Available
Bhanage Gautam D $873,000 Fidelity National Title Co
Namboodiri Parameswaran -- First American Title Company
Namboodiri Parameswaran -- First American Title Company
Namboodiri Parameswaran $441,000 First American Title Company
Bank Of New York $569,250 None Available
Mangaoang Cecilia -- Commonwealth Land Title Co
Mangaoang Cecilia $689,000 Commonwealth Land Title Co
Finuliar Antonio -- None Available
Oblea Portia -- Ticor Title Company
Oblea Portia $590,000 Ticor Title Company
The Bank Of New York Trust $361,571 First American Title Company
Mangaoang Robinson P $415,000 American Title Co
Simon Fortunato C -- American Title Co
Simon Felisa C -- --
Simon Fortunato C -- Financial Title Company
Simon Fortunato C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bhanage Gautam D $698,400
Previous Owner Namboodiri Parameswaran $393,500
Previous Owner Namboodiri Parameswaran $417,000
Previous Owner Mangaoang Cecilia $137,800
Previous Owner Mangaoang Cecilia $551,200
Previous Owner Oblea Portia $472,000
Previous Owner Oblea Portia $118,000
Previous Owner Mangaoang Robinson P $332,000
Closed Mangaoang Robinson P $41,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/05/2016 05/05/16 Sold $873,000 +9.8% $623 / Sq Ft
03/30/2016 03/30/16 Pending -- -- --
03/17/2016 03/17/16 For Sale $795,000 -- $567 / 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 $11,848 $1,033,448 $769,465 $263,983
2024 $11,848 $1,013,185 $754,378 $258,807
2023 $11,812 $993,320 $739,587 $253,733
2022 $11,763 $973,844 $725,086 $248,758
2021 $11,593 $954,750 $710,869 $243,881
2020 $11,391 $944,961 $703,580 $241,381
2019 $11,179 $926,434 $689,785 $236,649
2018 $10,612 $908,269 $676,260 $232,009
2017 $10,474 $890,460 $663,000 $227,460
2016 $5,776 $488,321 $332,871 $155,450
2015 $5,718 $480,986 $327,871 $153,115
2014 $5,560 $471,565 $321,449 $150,116
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Malik Husain

    Intero Real Estate Services

    Section Image

  • R

    Buyer's Agent in 2016

    RECIP

    Out of Area Office

See All Agents

Map

Source: MLSListings

MLS Number: ML81565845

MLSListings

APN: 022-26-020

California Santa Clara County Milpitas 95035

373 Spence Ave, Milpitas, CA

Not Listed for Sale

Detached

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