NOT LISTED FOR SALE

476 Palmer St Milpitas, CA 95035

Estimated Value: $1,282,000 - $1,395,000

3 Beds
1 Bath
1,040 Sq Ft
$1,268/Sq Ft Est. Value

Last Sold February 18, 2016

Last sale price $725,000 $697 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $7,798/month

41 Days on Market

Highlights

  • Open to Family Room
  • Fireplace
  • Forced Air Heating and Cooling System
  • Anthony Spangler Elementary School Rated A
  • 2 Car Attached Garage
  • 1-Story Property

About This Home

As of February 2016

This home is located at 476 Palmer St, Milpitas, CA 95035 since 07 January 2016 and is currently estimated at $1,319,198, approximately $1,268 per square foot. This property was built in 1955. 476 Palmer St is a home located in Santa Clara County with nearby schools including Anthony Spangler Elementary School, Thomas Russell Middle School, and Milpitas High School.

Last Agent to Sell the Property

Erica Wong

168 Realty License #01866034 Listed on: 01/07/2016

Last Buyer's Agent

Surinder Makkar

Re/Max Accord License #01415301

Re/Max Accord

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,885

Year Built

  • Built in 1955

Lot Details

  • 6,098 Sq Ft Lot
  • Zoning described as R16

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,040 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Open to Family Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 086-09-033

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,885

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 61
  • Listing Class: Residential
  • Structure Sq Ft: 1040
  • Year Built: 1955
  • Zoning Description: R16
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Living Sq Ft: 1040
  • Stories: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace: Yes

Garage/Parking

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

Utilities

  • Cooling System: Central AC
  • Heating System: Central Forced Air

Schools

  • School District: Milpitas Unified

Lot Info

  • Parcel Number: 086-09-033
  • Lot Acres: 0.1400
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6085.33
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6085.33

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2016
Closed on
Feb 2, 2016
Sold by
Wong Mouun
Bought by
Garg Gaurav Kumar and Agrawal Malini
Seller's Agent
Erica Wong
168 Realty
Buyer's Agent
Surinder Makkar
Re/Max Accord
List Price
$698,000
Sold Price
$725,000
Premium/Discount to List
$27,000
3.87%
Current Estimated Value
$1,319,198

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$594,198
Avg. Annual Appreciation
6.38%
Original Mortgage
$580,000
Outstanding Balance
$462,815
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$856,383

Purchase Details

Listed on
Sep 22, 2015
Closed on
Oct 26, 2015
Sold by
Wu Ho Pu
Bought by
Wong Mouun
Seller's Agent
Lillie Missbrenner
Christie's Int'l RE Sereno
Buyer's Agent
Erica Wong
168 Realty
List Price
$599,000
Sold Price
$630,188
Premium/Discount to List
$31,188
5.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
59.55%
Original Mortgage
$409,622
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 29, 2002
Sold by
Ramirez Frank and Ramirez Jeanne
Bought by
Ramirez Frank and Ramirez Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,000
Interest Rate
7.17%

Purchase Details

Closed on
Oct 20, 1997
Sold by
Ramirez Frank and Ramirez Jeanne
Bought by
Ramirez Frank and Ramirez Jeanne

Purchase Details

Closed on
Feb 28, 1994
Sold by
Ramirez Frank and Ramirez Jeanne
Bought by
Ramirez Frank and Ramirez Jeanne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
7.09%

Purchase Details

Closed on
Oct 22, 1993
Sold by
Gonzalez Sulema H
Bought by
Ramirez Frank and Ramirez Jeanne
Source: Public Records

Range of Values:

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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
Garg Gaurav Kumar $725,000 Old Republic Title Company
Wong Mouun -- Old Republic Title
Wong Mouun $630,500 Old Republic Title Company
Ramirez Frank -- Chicago Title Co
Ramirez Frank -- --
Ramirez Frank -- Chicago Title Insurance Co
Ramirez Frank $139,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garg Gaurav Kumar $580,000
Previous Owner Wong Mouun $409,622
Previous Owner Ramirez Frank $203,000
Previous Owner Ramirez Frank $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/18/2016 02/18/16 Sold $725,000 +3.9% $697 / Sq Ft
02/18/2016 02/18/16 Pending -- -- --
01/07/2016 01/07/16 For Sale $698,000 +10.8% $671 / Sq Ft
10/30/2015 10/30/15 Sold $630,188 +5.2% $606 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
09/22/2015 09/22/15 For Sale $599,000 -- $576 / 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 $9,885 $858,248 $651,086 $207,162
2024 $9,885 $841,420 $638,320 $203,100
2023 $9,855 $824,922 $625,804 $199,118
2022 $9,815 $808,748 $613,534 $195,214
2021 $9,673 $792,891 $601,504 $191,387
2020 $9,505 $784,762 $595,337 $189,425
2019 $9,398 $769,375 $583,664 $185,711
2018 $8,925 $754,290 $572,220 $182,070
2017 $8,810 $739,500 $561,000 $178,500
2016 $7,382 $630,188 $480,000 $150,188
2015 $2,408 $196,908 $78,760 $118,148
2014 $2,329 $193,052 $77,218 $115,834
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81561309

MLSListings

APN: 083-11-033