NOT LISTED FOR SALE

416 Capella Way Milpitas, CA 95035

Estimated Value: $1,961,267 - $1,993,000

4 Beds
3 Baths
2,316 Sq Ft
$855/Sq Ft Est. Value

Last Sold May 02, 2016

Last sale price $1,080,000 $466 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $11,599/month

7 Days on Market

Highlights

  • Mountain View
  • Contemporary Architecture
  • Attic
  • Pearl Zanker Elementary School Rated A-
  • Vaulted Ceiling
  • Granite Countertops

About This Home

As of May 2016

Immaculate, Move-In Ready Home for a Large Family! Rare, Summerfield built home in Central Milpitas, close to good schools, Ranch 99 Market, parks, high-tech campuses and major commute arteries. One bedroom and full bath on main level. Spacious upstairs bonus area/loft could easily be 5th bedroom, study or play room. Bright and sunny kitchen features lot of cabinetry and granite counter tops with center island. Family room with fireplace, kitchen and breakfast area overlook good-sized back yard with patio and grass area. Designer's touch includes brand new interior paint, light fixtures and new laminate /tile flooring... High ceilings in formal living/dining room and master bedroom suite, central air conditioning, inside laundry room and much more.

Last Agent to Sell the Property

Minhua Jin

Intero Real Estate Services License #01246488 Listed on: 03/23/2016

Intero Real Estate Services

Co-Listed By

Ling Wang

Intero Real Estate Services License #01902180

Last Buyer's Agent

Yun Liu

Intero Real Estate Services License #01827473

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,593

Year Built

  • Built in 1998

Lot Details

  • 4,051 Sq Ft Lot
  • Level Lot
  • Sprinklers on Timer
  • Back Yard Fenced
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Electric Gate

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Composition Roof
  • Masonry

Interior Spaces

  • 2,316 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Double Pane Windows
  • Formal Entry
  • Separate Family Room
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Mountain Views
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Oven or Range
  • Gas Cooktop
  • Range Hood
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Dryer Hookup

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • 220 Volts
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, common area gas, insurance - common area, reserves

Listing and Financial Details

  • Assessor Parcel Number 086-46-040

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,593

Year Built

Built in 1998

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 2316
  • Year Built: 1998
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo, Separate Family Room
  • Fireplace: Gas Starter
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Cooktop - Gas, Countertop - Granite, Garbage Disposal, Hood Over Range, Hookups - Gas, Oven Range, Pantry Cabinet
  • Living Sq Ft: 2316
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Laminate, Tile
  • Additional Rooms: Attic, Den / Study / Office, Formal Entry, Laundry Room, Storage
  • Fireplaces Min: 1
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Bathroom: Shower and Tub, Stall Shower, Tub
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Mountains
  • Yard/Grounds: Back Yard, Balcony / Patio, Fenced, Sprinklers - Auto, Sprinklers - Lawn
  • Fencing: Fenced, Fenced Back, Wood
  • Construction Type: Masonry, Wood

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Electric Gate, Gate / Door Opener

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Vaulted Ceiling, Walk-in Closet

Condo/Co-op/Association

  • HOA Fees: 85
  • Association Fees Include: Common Area Electricity, Common Area Gas, Insurance - Common Area, Reserves
  • H O A Exist: Yes

Lot Info

  • Lot Description: Grade - Level, Regular
  • Parcel Number: 086-46-040
  • Lot Acres: 0.0930
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4051.08
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4051.08

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 23, 2016
Closed on
Apr 28, 2016
Sold by
Wang Gang and Zhou Lixia
Bought by
Thangellapalli Rakesh
Seller's Agent
Minhua Jin
Intero Real Estate Services
Buyer's Agent
Yun Liu
Intero Real Estate Services
List Price
$1,049,800
Sold Price
$1,080,000
Premium/Discount to List
$30,200
2.88%
Current Estimated Value
$1,979,817

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$899,817
Avg. Annual Appreciation
6.59%
Original Mortgage
$864,000
Outstanding Balance
$689,368
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$1,290,449

Purchase Details

Closed on
Mar 15, 2006
Sold by
Gadkari Mileend and Gadkari Linal M
Bought by
Wang Gang and Zhou Lixia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$620,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 5, 1999
Sold by
Dkb Homes Llc
Bought by
Gadkari Mileend and Gadkari Linal M
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
Thangellapalli Rakesh $1,080,000 Cornerstone Title Company
Wang Gang $834,000 Cornerstone Title Company
Gadkari Mileend $462,500 First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thangellapalli Rakesh $864,000
Previous Owner Wang Gang $620,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2016 05/02/16 Sold $1,080,000 +2.9% $466 / Sq Ft
03/31/2016 03/31/16 Pending -- -- --
03/23/2016 03/23/16 For Sale $1,049,800 -- $453 / 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 $14,593 $1,278,492 $831,022 $447,470
2024 $14,593 $1,253,425 $814,728 $438,697
2023 $14,593 $1,228,849 $798,753 $430,096
2022 $14,488 $1,204,755 $783,092 $421,663
2021 $14,278 $1,181,134 $767,738 $413,396
2020 $14,029 $1,169,024 $759,866 $409,158
2019 $13,868 $1,146,103 $744,967 $401,136
2018 $13,165 $1,123,631 $730,360 $393,271
2017 $12,995 $1,101,600 $716,040 $385,560
2016 $11,146 $962,769 $529,523 $433,246
2015 $10,954 $948,309 $521,570 $426,739
2014 $10,642 $927,500 $510,100 $417,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81566558

MLSListings

APN: 083-24-010