NOT LISTED FOR SALE

415 Moretti Ln Milpitas, CA 95035

Estimated Value: $1,262,000 - $1,529,000

3 Beds
2.5 Baths
1,522 Sq Ft
$912/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $1,180,000 $775 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $8,620/month

6 Days on Market

Highlights

  • Mountain View
  • Vaulted Ceiling
  • 2 Car Attached Garage
  • William Burnett Elementary School Rated A
  • Breakfast Room
  • 4-minute walk to Cardoza Park

About This Home

As of October 2023

Welcome to 415 Moretti Lane in the prestigious Kennedy Glen neighborhood of Milpitas, CA. This stunning 2-story single-family home is a true gem, offering 3 bedrooms, 2.5 bathrooms, and over 1530 sq/ft of luxurious living space. As you step inside, you'll be greeted by a spacious living room with a vaulted ceiling, creating an open and airy atmosphere. The formal dining room is perfect for hosting intimate gatherings or special occasions. The large kitchen with an eating area is a chef's dream, boasting ample counter space. The interior of this home has been meticulously maintained, with freshly painted walls both inside and outside. The newer central heating and air conditioning system ensure year-round comfort for you and your loved ones. Outside, the gated entry leads to a low maintenance backyard adorned with fruit trees, great access to freeways 680 and 880, making commuting a breeze. Enjoy the convenience of being near parks, shopping centers, hospitals, library, transportation.

Last Agent to Sell the Property

Ray Ghafari

Compass License #00940904 Listed on: 09/14/2023

Compass

Last Buyer's Agent

Tasrina Zaman

Keller Williams Thrive License #02019656

Keller Williams Thrive

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,662

Year Built

  • Built in 1986

Lot Details

  • 3,433 Sq Ft Lot
  • Zoning described as R1

HOA Fees

  • $117 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Garage Door Opener

Home Design

  • Tile Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,522 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Gas Fireplace
  • Separate Family Room
  • Formal Dining Room
  • Mountain Views
  • Alarm System

Kitchen

  • Breakfast Room
  • Open to Family Room
  • Eat-In Kitchen
  • Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathroom on Main Level
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Electric Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • 220 Volts
  • High Speed Internet
  • Cable TV Available

Community Details

  • Association fees include common area electricity, landscaping / gardening, maintenance - common area, management fee
  • Kennedy Glen Association

Listing and Financial Details

  • Assessor Parcel Number 029-12-086

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,662

Year Built

Built in 1986

Lot Details

0

HOA Fees

$117 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 37
  • Listing Class: Residential
  • Structure Sq Ft: 1522
  • Year Built: 1986
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Breakfast Nook, Breakfast Room, Dining Area in Living Room, Eat in Kitchen, Formal Dining Room
  • Kitchen: 220 Volt Outlet, Cooktop - Electric, Oven Range, Oven Range - Electric
  • Living Sq Ft: 1522
  • Stories: 2
  • Security: Security Alarm
  • Laundry: Electricity Hookup (220V), In Garage
  • Flooring: Carpet, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Half on Ground Floor, Primary - Stall Shower(s), Stall Shower - 2+, Tile
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Perimeter
  • Roof: Tile
  • View: Mountains

Garage/Parking

  • Garage Spaces: 2
  • Parking Spaces: 2
  • Garage Max: 2
  • Garage Min: 2
  • Garage Parking Features: Attached Garage, Gate / Door Opener
  • Carport Min: 2

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 117
  • HOA Documents: Articles of Incorporation, Budget, Bylaws, CC&RS, Financial Statement, Minutes, Rules & Regulations
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Common Area Electricity, Landscaping / Gardening, Maintenance - Common Area, Management Fee
  • H O A Name Text: kennedy Glen
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling

Schools

  • School District: Milpitas Unified
  • Elementary School: William Burnett Elementary
  • Middle School: Rancho Milpitas Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 279
  • Middle School: 283

Lot Info

  • Lot Description: Regular, Views
  • Parcel Number: 029-12-086
  • Lot Acres: 0.0788
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3432.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3432.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: William Burnett Elementary
  • High School Text: Milpitas High
  • Middle School Text: Rancho Milpitas Junior High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2023
Closed on
Oct 11, 2023
Sold by
Ghaemmaghami Miraram
Bought by
Hossain Mohammad Akram and Nahar Lailun
Seller's Agent
Ray Ghafari
Compass
Buyer's Agent
Tasrina Zaman
Keller Williams Thrive
List Price
$1,250,000
Sold Price
$1,180,000
Premium/Discount to List
-$70,000
-5.6%
Views
41
Current Estimated Value
$1,387,526

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$207,526
Avg. Annual Appreciation
8.44%
Original Mortgage
$944,000
Outstanding Balance
$925,437
Interest Rate
7.12%
Mortgage Type
New Conventional
Estimated Equity
$462,089

Purchase Details

Closed on
Dec 29, 2000
Sold by
Maghami Tony A and Nazeri Samia
Bought by
Ghaemmaghami Miraram

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,500
Interest Rate
7.71%
Mortgage Type
Stand Alone First
Source: Public Records

Range of Values:

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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
Hossain Mohammad Akram $1,180,000 Chicago Title
Ghaemmaghami Miraram $420,000 Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hossain Mohammad Akram $944,000
Previous Owner Ghaemmaghami Miraram $367,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2023 10/18/23 Sold $1,180,000 -5.6% $775 / Sq Ft
09/20/2023 09/20/23 Pending -- -- --
09/14/2023 09/14/23 For Sale $1,250,000 -- $821 / 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 $13,662 $1,203,600 $918,000 $285,600
2024 $13,662 $1,180,000 $900,000 $280,000
2023 $3,639 $290,984 $105,513 $185,471
2022 $3,627 $285,280 $103,445 $181,835
2021 $3,575 $279,687 $101,417 $178,270
2020 $3,513 $276,821 $100,378 $176,443
2019 $3,476 $271,394 $98,410 $172,984
2018 $3,308 $266,074 $96,481 $169,593
2017 $3,266 $260,858 $94,590 $166,268
2016 $3,132 $255,744 $92,736 $163,008
2015 $3,100 $251,904 $91,344 $160,560
2014 $3,006 $246,970 $89,555 $157,415
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81941559

MLSListings

APN: 029-12-086