NOT LISTED FOR SALE

488 Alexander Way Milpitas, CA 95035

Estimated Value: $1,505,000 - $1,729,000

3 Beds
2 Baths
1,268 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold April 10, 2014

Last sale price $700,888 $553 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $9,412/month

11 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Contemporary Architecture
  • William Burnett Elementary School Rated A
  • Mountain View
  • High Ceiling

About This Home

As of April 2014

SPECTACULAR FOOTHILL LOCATION!STUNNING BAYVIEW PARK SINGLE FAMILY*REMODELED/UPGR KITCH&BATH*GRANITE COUNTERS,NEW LINOLEUM*JENNAIR RANGE,BREAKFAST BAR,SEP FAMILY RM W/FIREPL,FORMAL LIVING/DINING RM*INS LAUNDRY,WASHER/DRYER/REFRIG STAY,COPPER PLMBNG,NEWER METAL ROOF(2005)*NEW CUSTOM INT/EXT PAINT,NEW CARPET/PAD,PRISTINE LANDSCAPE*2CAR GARAGE,MOUNTAIN VIEWS*HOA COVERS COMM POOL,RV/BOAT LOT,PLAY AREA!

Last Agent to Sell the Property

Debbie Rossetto

Legacy Real Estate & Associates License #00985361 Listed on: 02/28/2014

Last Buyer's Agent

Chiao C Lee

Realty One Group - World Properties License #01261719

Realty One Group - World Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,804

Year Built

  • Built in 1984

Lot Details

  • Fenced
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Metal Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,268 Sq Ft Home
  • 1-Story Property
  • High Ceiling
  • Wood Burning Fireplace
  • Double Pane Windows
  • Window Treatments
  • Garden Windows
  • Formal Entry
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Mountain Views

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Disposal

Flooring

  • Wall to Wall Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Pool

  • In Ground Pool
  • Outdoor Pool

Outdoor Features

  • Patio

Utilities

  • Forced Air Heating System
  • 220 Volts
  • Sewer Within 50 Feet
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 029-57-009

Community Details

Overview

  • Property has a Home Owners Association
  • Bayview Park Association

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,804

Year Built

Built in 1984

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 552.75
  • Listing Class: Residential
  • Structure Sq Ft: 1268
  • Incorporated: Yes
  • Map Book Page: 794
  • Map Side Coordinate: 5
  • Map Top Coordinate: D
  • Thomas Bros Page: 794
  • Thomas Brothers: D5
  • Year Built: 1984
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Wood Burning, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator, Oven Range - Built-In, 220 Volt Outlet
  • Living Sq Ft: 1268
  • Stories: 1
  • Bedrooms: Primary Suite / Retreat
  • Laundry: In Laundry Room, Dryer, Washer, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall, Vinyl / Linoleum
  • Additional Rooms: Formal Entry
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: In Ground Concrete, Community Facility, Pool - Yes
  • Roof: Metal
  • View: Mountains
  • Yard/Grounds: Patio(s), Sprinkler(s) - Front, Sprinkler(s) - Rear, Sprinklers - Auto, Fenced
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

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

Utilities

  • Heating System: Forced Air
  • Sewer/Septic System: Sewer in Street, Sewer Connected

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Double Pane Windows(s), Garden Window, High Ceiling

Condo/Co-op/Association

  • HOA Fees: 210
  • H O A Name Text: BAYVIEW PARK
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 029-57-009
  • List Price per Sq Ft: 487.38
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4792.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4792.00
  • Lot Size Area Min Search: 4792.00
  • Maximum Lot Size: 4792.00
  • Map Book: Thomas Bros

Green Features

  • Energy Features: Double Pane Windows

Multi Family

  • Maximum Building Height: 1
  • Minimum Building Height: 1

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: William Burnett 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 28, 2014
Closed on
Apr 8, 2014
Sold by
Lai Cynthia
Bought by
Lu Yong and Liu Zhenzhen
Seller's Agent
Debbie Rossetto
Legacy Real Estate & Associates
Buyer's Agent
Chiao C Lee
Realty One Group - World Properties
List Price
$618,000
Sold Price
$700,888
Premium/Discount to List
$82,888
13.41%
Current Estimated Value
$1,638,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$937,877
Avg. Annual Appreciation
7.62%
Original Mortgage
$487,500
Outstanding Balance
$369,331
Interest Rate
4.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,269,434
Source: Public Records

Range of Values:

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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
Lu Yong $701,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Yong $487,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2014 04/10/14 Sold $700,888 +13.4% $553 / Sq Ft
03/11/2014 03/11/14 Pending -- -- --
02/28/2014 02/28/14 For Sale $618,000 -- $487 / 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 $9,804 $859,182 $429,538 $429,644
2024 $9,804 $842,336 $421,116 $421,220
2023 $9,772 $825,820 $412,859 $412,961
2022 $9,731 $809,628 $404,764 $404,864
2021 $9,589 $793,754 $396,828 $396,926
2020 $9,421 $785,617 $392,760 $392,857
2019 $9,313 $770,213 $385,059 $385,154
2018 $8,842 $755,111 $377,509 $377,602
2017 $8,727 $740,306 $370,107 $370,199
2016 $8,373 $725,791 $362,850 $362,941
2015 $8,287 $714,890 $357,400 $357,490
2014 $2,621 $219,854 $86,149 $133,705
Source: Public Records

Agents Affiliated with this Home

  • Debbie Rossetto

    Seller's Agent in 2014

    Debbie Rossetto

    Legacy Real Estate & Associates

    (408) 262-7900

    38 in this area

    106 Total Sales

    Debbie Rossetto
    Section Image

  • C

    Buyer's Agent in 2014

    Chiao C Lee

    Realty One Group - World Properties

    Section Image
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Map

Source: MLSListings

MLS Number: ML81406337

MLSListings

APN: 029-57-009

California Santa Clara County Milpitas 95035

488 Alexander Way, Milpitas, CA

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