NOT LISTED FOR SALE

386 Tramway Dr Milpitas, CA 95035

Estimated Value: $2,155,000 - $2,527,000

4 Beds
4 Baths
2,600 Sq Ft
$930/Sq Ft Est. Value

Last Sold July 08, 2020

Last sale price $1,680,000 $646 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $14,270/month

26 Days on Market

Highlights

  • Wood Flooring
  • Modern Architecture
  • Open to Family Room
  • Curtner Elementary School Rated A
  • Granite Countertops
  • 5-minute walk to Hidden Lake Park

About This Home

As of July 2020

Virtual tour available! Gorgeous remodel from top to bottom, single story addition. This classic modern 2,600 sf on a 6,204 sf lot combines casual comfort, elegance and modern luxury. Situated in one of the most desirable neighborhoods in Milpitas. Professionally designed interiors create an ambiance of rustic refinement throughout. Featuring 4 large bedrooms and 4 full baths. Soaring 9 ft ceilings throughout gives the home an open and airy feel. Grand entrance boasts an 18ft cathedral ceiling. Large plank engineered wood flooring throughout the house. Gourmet chefs kitchen with custom cabinets, quartz counters, marble backsplash & stainless steel appliances, Formal dining room with custom shiplap, and wainscoting accents throughout. Detailed craftsmanship is integrated at every turn with no expense spared for finishing touches. Designed for hosting gatherings inside and out. Ideal location close to school, park, shopping, restaurants and transportation!

Last Agent to Sell the Property

Helen Burke

Intero Real Estate Services License #01175866 Listed on: 05/12/2020

Intero Real Estate Services

Last Buyer's Agent

Hema Vasudevan

Bay Home Investments&Loans License #01726337

Home Details

Home Type

  • Single Family

Year Built

  • 1976

Lot Details

  • 6,203

Parking

  • 2 Car Attached Garage
  • On-Street Parking

Home Design

  • Modern Architecture
  • Concrete Perimeter Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • 1-Story Property
  • Gas Fireplace
  • Dining Room
  • Laundry in unit

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms
  • Dual Sinks
  • Walk-in Shower

Additional Features

  • 6,203 Sq Ft Lot
  • Forced Air Heating and Cooling System

Home Details

Home Type

Single Family

Year Built

1976

Lot Details

0

Parking

2

Listing Details

  • Zoning: R1PUD
  • Subclass: Single Family Home
  • Style: Modern / High Tech
  • Listing Class: Residential
  • Structure Sq Ft: 2600
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1976

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Gas Burning
  • Dining Room: Dining Area, Dining Bar, Eat In Kitchen, No Formal Dining Room
  • Kitchen: Countertop - Granite, Dishwasher, Garbage Disposal, Oven - Gas, Oven Range - Gas, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 2600
  • Stories: 1
  • Laundry: Inside
  • Flooring: Hardwood, Laminate
  • Fireplaces Min: 1
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Primary - Stall Shower(s)

Exterior Features

  • Foundation: Concrete Perimeter And Slab

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, On Street

Utilities

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

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.1424
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6204.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6204.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 12, 2020
Closed on
Jul 4, 2020
Sold by
Evergreen Property Group Llc
Bought by
Srikanth Prasidh and Shah Neeti
Seller's Agent
Helen Burke
Intero Real Estate Services
Buyer's Agent
Hema Vasudevan
Bay Home Investments&Loans
List Price
$1,800,000
Sold Price
$1,680,000
Premium/Discount to List
-$120,000
-6.67%
Current Estimated Value
$2,416,835

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$736,835
Avg. Annual Appreciation
6.77%
Original Mortgage
$1,344,000
Outstanding Balance
$1,174,959
Interest Rate
2.37%
Mortgage Type
New Conventional
Estimated Equity
$1,241,876

Purchase Details

Listed on
Sep 27, 2018
Closed on
Dec 5, 2018
Sold by
Cochrane Road Investors Llc
Bought by
Evergreen Butterfield & Cochrane Llc
Seller's Agent
Helen Burke
Intero Real Estate Services
Buyer's Agent
Helen Burke
Intero Real Estate Services
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
47.60%
Original Mortgage
$100,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2018
Closed on
Oct 9, 2018
Sold by
Ramirez Salvador and Ramirez Ernestina
Bought by
Evergreen Property Group Llc
Seller's Agent
Helen Burke
Intero Real Estate Services
Buyer's Agent
Helen Burke
Intero Real Estate Services
List Price
$850,000
Sold Price
$850,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 2, 2007
Sold by
Flores Joseph M and Flores Linda J
Bought by
Ramirez Salvador and Ramirez Ernestina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$64,000
Interest Rate
6.19%
Mortgage Type
Stand Alone Second
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
Srikanth Prasidh $1,680,000 Fidelity National Title Co
Evergreen Butterfield & Cochrane Llc $5,733,000 First American Title Ins Co
Evergreen Property Group Llc $850,000 Fidelity National Title Co
Ramirez Salvador $640,000 Financial Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Srikanth Prasidh $1,344,000
Previous Owner Evergreen Butterfield & Cochrane Llc $100,000
Previous Owner Ramirez Salvador $64,000
Previous Owner Ramirez Salvador $512,000
Closed Evergreen Property Group Llc $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/08/2020 07/08/20 Sold $1,680,000 -0.6% $646 / Sq Ft
06/08/2020 06/08/20 Pending -- -- --
05/16/2020 05/16/20 Price Changed $1,690,000 -6.1% $650 / Sq Ft
05/12/2020 05/12/20 For Sale $1,800,000 +111.8% $692 / Sq Ft
10/10/2018 10/10/18 Sold $850,000 0.0% $843 / Sq Ft View Prior Sale
09/28/2018 09/28/18 Pending -- -- --
09/27/2018 09/27/18 For Sale $850,000 -- $843 / 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 $20,642 $1,818,484 $1,190,674 $627,810
2024 $20,642 $1,782,828 $1,167,328 $615,500
2023 $20,580 $1,747,872 $1,144,440 $603,432
2022 $20,492 $1,713,600 $1,122,000 $591,600
2021 $20,195 $1,680,000 $1,100,000 $580,000
2020 $12,833 $1,067,385 $765,000 $302,385
2019 $10,355 $850,000 $750,000 $100,000
2018 $8,836 $753,588 $376,794 $376,794
2017 $8,722 $738,812 $369,406 $369,406
2016 $8,368 $724,326 $362,163 $362,163
2015 $7,800 $671,000 $335,500 $335,500
2014 $7,308 $633,000 $316,500 $316,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81792195

MLSListings

APN: 028-14-073