NOT LISTED FOR SALE

394 Spence Ave Milpitas, CA 95035

Estimated Value: $1,409,000 - $1,691,000

3 Beds
2.5 Baths
1,556 Sq Ft
$1,017/Sq Ft Est. Value

Last Sold October 04, 2024

Last sale price $1,400,000 $900 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,505/month

21 Days on Market

Highlights

  • Wood Burning Stove
  • Traditional Architecture
  • Granite Countertops
  • Anthony Spangler Elementary School Rated A-
  • Wood Flooring
  • 2-minute walk to Starlite Park

About This Home

As of October 2024

Meticulously maintained Milpitas home is nestled near highly sought after Milpitas Schools including Thomas Russell Middle School and Milpitas High School and 1-block from Anthony Spangler Elementary School and Starlight Park. This three bedroom two and half bath home has solid hardwood floors, custom kitchen cabinets with quartz countertops and remodeled bathrooms. The carport provides plenty of shade for vehicles while the finished garage can be utilized as recreational space and has endless possibilities. The corner lot is expansive, allowing for a flourishing garden while the backyard patio provides ample shade for the perfect gathering with family and friends. Ideal for professionals, this prime location makes commuting to Silicon Valley Tech companies a breeze with close proximity to 680, 880 and 237. Everyday conveniences are simplified with several shopping malls, grocery stores and restaurants just steps away. **Seller Will Consider Concessions With All Submitted Offers**

Last Agent to Sell the Property

Kristina Rodgers

Coldwell Banker Realty License #02006011 Listed on: 08/22/2024

Coldwell Banker Realty

Last Buyer's Agent

Siva Pillalamarri

ValleyVentures Realty Inc License #02121500

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956

Lot Details

  • 7,405 Sq Ft Lot
  • Zoning described as R1

Parking

  • 2 Carport Spaces

Home Design

  • Traditional Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,556 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Wood Burning Stove
  • Wood Burning Fireplace
  • Separate Family Room
  • Dining Area
  • Wood Flooring
  • Crawl Space

Kitchen

  • Gas Cooktop
  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Bathroom on Main Level
  • Dual Flush Toilets
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Dryer
  • Washer

Additional Features

  • Shed
  • Forced Air Heating System

Listing and Financial Details

  • Assessor Parcel Number 022-25-001

Home Details

Home Type

Single Family

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Subclass: Single Family Home
  • Style: Traditional
  • Listing Class: Residential
  • Structure Sq Ft: 1556
  • Year Built: 1956
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning, Wood Stove
  • Dining Room: Dining Area
  • Kitchen: Cooktop - Gas, Countertop - Granite, Garbage Disposal, Microwave, Refrigerator
  • Living Sq Ft: 1556
  • Stories: 1
  • Laundry: Dryer, In Garage, In Utility Room, Washer
  • Flooring: Hardwood
  • Fireplaces Min: 1
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Dual Flush Toilet, Full on Ground Floor, Stall Shower - 2+, Tile, Updated Bath
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • Yard/Grounds: Storage Shed / Structure
  • Construction Type: Stucco

Garage/Parking

  • Garage Parking Features: Carport
  • Carport Min: 2

Utilities

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

Schools

  • High School: 293

Lot Info

  • Parcel Number: 022-25-001
  • Lot Acres: 0.1700
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 7405.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 7405.00

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

Listed on
Aug 22, 2024
Closed on
Sep 18, 2024
Sold by
Ramos Francisco and Ramos Magdalena
Bought by
Dwivedi Ram Chandra and Dixit Shruti
Seller's Agent
Kristina Rodgers
Coldwell Banker Realty
Buyer's Agent
Siva Pillalamarri
ValleyVentures Realty Inc
List Price
$1,499,000
Sold Price
$1,400,000
Premium/Discount to List
-$99,000
-6.6%
Views
25
Current Estimated Value
$1,581,932

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$181,932
Avg. Annual Appreciation
10.53%
Original Mortgage
$1,050,000
Outstanding Balance
$1,036,493
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$545,439

Purchase Details

Closed on
Sep 6, 2016
Sold by
Ramos Francisco and Ramos Magdalena
Bought by
Ramos Francisco and Ramos Magdalena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,000
Interest Rate
3.48%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 25, 2006
Sold by
Ramos Francisco and Ramos Magdelena
Bought by
Ramos Francisco and Ramos Magdelena

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
6.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 1998
Sold by
Francisco Ramos and Contreras Jorge V
Bought by
Ramos Francisco and Ramos Magdalena
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
Dwivedi Ram Chandra $1,400,000 Old Republic Title
Ramos Francisco -- Chicago Title Company
Ramos Francisco -- First American Title Company
Ramos Francisco -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dwivedi Ram Chandra $1,050,000
Previous Owner Ramos Francisco $48,000
Previous Owner Ramos Francisco $138,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2024 10/04/24 Sold $1,400,000 -3.4% $900 / Sq Ft
09/13/2024 09/13/24 Pending -- -- --
09/05/2024 09/05/24 Price Changed $1,449,000 -3.3% $931 / Sq Ft
08/22/2024 08/22/24 For Sale $1,499,000 -- $963 / 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 $2,890 $1,400,000 $1,050,000 $350,000
2024 $2,890 $236,148 $75,560 $160,588
2023 $2,878 $231,519 $74,079 $157,440
2022 $2,869 $226,980 $72,627 $154,353
2021 $2,826 $222,530 $71,203 $151,327
2020 $2,777 $220,249 $70,473 $149,776
2019 $2,747 $215,932 $69,092 $146,840
2018 $2,616 $211,699 $67,738 $143,961
2017 $2,581 $207,549 $66,410 $141,139
2016 $2,474 $203,480 $65,108 $138,372
2015 $2,448 $200,425 $64,131 $136,294
2014 $2,368 $196,500 $62,875 $133,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81977731

MLSListings

APN: 022-25-001