NOT LISTED FOR SALE

405 Tramway Dr Milpitas, CA 95035

Estimated Value: $2,133,000 - $2,413,000

4 Beds
3 Baths
2,390 Sq Ft
$968/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $1,115,000 $467 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $13,268/month

13 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • Granite Countertops
  • Curtner Elementary School Rated A
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2016

LIVE WHERE IT'S AT SHAPELL BEAUTY! Pride of Ownership*One Bedroom & One Full Bathroom Downstairs* Updated Kitchen with Granite Counter tops, Glass Mosaic Tile back splash & Refinished Cabinets*Recessed Lighting*Italian porcelain flooring on ground floor*Separate Family Room & Spacious Dining area*Cascade Brick Fire place w/ Oak Mantel*Dramatic High Ceilings with Elegant Foyer entryway*Updated Baths*Cherry stained Hardwood flooring throughout Second Level*Downstairs Laundry Room*Pristine Landscaping in Front in Back with Newer Sprinkler System*Tile Roof*Central Heating & Air Conditioning*Corner Lot*Curtner Elementary*A Must See!

Last Agent to Sell the Property

Malik Husain

Intero Real Estate Services License #00987513 Listed on: 02/12/2016

Intero Real Estate Services

Last Buyer's Agent

Amar Realtor

Keller Williams Palo Alto License #01889230

Keller Williams Palo Alto

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 4,748 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,390 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Wood Burning Fireplace
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Formal Dining Room
  • Mountain Views
  • Security Gate

Kitchen

  • Built-In Oven
  • Gas Cooktop
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • Jack-and-Jill Bathroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 028-15-081

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2390
  • Incorporated: Yes
  • Year Built: 1986
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Wood Burning
  • Dining Room: Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Garbage Disposal, Oven - Built-In, Pantry Cabinet
  • Living Sq Ft: 2390
  • Stories: 2
  • Laundry: Hookups Only
  • Flooring: Hardwood, Tile
  • Additional Rooms: Formal Entry, Laundry Room
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Pass Through, Shower and Tub, Stall Shower
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • View: Mountains
  • Yard/Grounds: Sprinklers - Lawn
  • Fencing: Fenced

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Security Gate, Vaulted Ceiling, Walk-in Closet, Wet Bar

Schools

  • High School: 293

Lot Info

  • Parcel Number: 028-15-081
  • Lot Acres: 0.1090
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4752.40
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4752.40

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

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
Feb 12, 2016
Closed on
Mar 21, 2016
Sold by
Son Ha and Nguyen Chau C
Bought by
Mahale Tushar Y and Lakade Jayashree
Seller's Agent
Malik Husain
Intero Real Estate Services
Buyer's Agent
Amar Realtor
Keller Williams Palo Alto
List Price
$1,178,000
Sold Price
$1,115,000
Premium/Discount to List
-$63,000
-5.35%
Current Estimated Value
$2,313,394

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,198,394
Avg. Annual Appreciation
7.69%
Original Mortgage
$892,000
Outstanding Balance
$706,014
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$1,607,380

Purchase Details

Closed on
Jun 20, 2005
Sold by
Lau Jimmy C and Lau Ada C
Bought by
Son Ha and Nguyen Chau C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,400
Interest Rate
5.58%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 18, 2002
Sold by
Lau Jimmy C and Lau Ada Guen Shau
Bought by
Lau Jimmy C and Lau Ada 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
Mahale Tushar Y $1,115,000 Old Republic Title Company
Son Ha $856,000 North American Title Company
Lau Jimmy C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mahale Tushar Y $892,000
Previous Owner Son Ha $120,400
Previous Owner Son Ha $650,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $1,115,000 -5.3% $467 / Sq Ft
02/26/2016 02/26/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $1,178,000 -- $493 / 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 $15,057 $1,319,925 $857,894 $462,031
2024 $15,057 $1,294,045 $841,073 $452,972
2023 $15,011 $1,268,673 $824,582 $444,091
2022 $14,948 $1,243,798 $808,414 $435,384
2021 $14,732 $1,219,411 $792,563 $426,848
2020 $14,475 $1,206,909 $784,437 $422,472
2019 $14,309 $1,183,245 $769,056 $414,189
2018 $13,583 $1,160,045 $753,977 $406,068
2017 $13,408 $1,137,300 $739,194 $398,106
2016 $11,578 $1,007,931 $453,568 $554,363
2015 $11,460 $992,791 $446,755 $546,036
2014 $11,161 $973,344 $438,004 $535,340
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2016

    Malik Husain

    Intero Real Estate Services

    Section Image
  • Amar Realtor

    Buyer's Agent in 2016

    Amar Realtor

    Keller Williams Palo Alto

    (650) 686-2627

    54 in this area

    237 Total Sales

    Amar Realtor
    Section Image
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Map

Source: MLSListings

MLS Number: ML81550622

MLSListings

APN: 028-15-081

California Santa Clara County Milpitas 95035

405 Tramway Dr, Milpitas, CA

Not Listed for Sale

Detached

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