NOT LISTED FOR SALE

494 Alexander Way Milpitas, CA 95035

Estimated Value: $1,643,828 - $1,802,000

3 Beds
2 Baths
1,468 Sq Ft
$1,165/Sq Ft Est. Value

Last Sold September 19, 2012

Last sale price $525,000 $358 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $9,453/month

10 Days on Market

Highlights

  • In Ground Pool
  • Vaulted Ceiling
  • Open to Family Room
  • William Burnett Elementary School Rated A
  • Traditional Architecture
  • Garden Windows

About This Home

As of September 2012

Equity Sale & Great Location! Nestled in the Foothills, easy access for commute. Spacious single story home w/ great family room and kitchen combo. Large living room with dining area. Double closets in MBR, inside laundry room, some updating in baths, private yard w/ patio, lawn & rose garden. Perfect, move-in condition. Walk to community pool, shops and schools!

Last Agent to Sell the Property

Cindy Engel

Vale & Vine Real Estate License #00612136 Listed on: 08/20/2012

Vale & Vine Real Estate

Last Buyer's Agent

Julin Lu

Lu Realty License #00690135

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1984

Lot Details

  • 4,704

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Metal Roof

Interior Spaces

  • 1,468 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace With Gas Starter
  • Window Treatments
  • Garden Windows
  • Family Room with Fireplace
  • Combination Dining and Living Room
  • Vinyl Flooring

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Built-In Oven
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Outdoor Pool

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Within 50 Feet

Additional Features

  • Patio
  • Zoning described as R1

Listing and Financial Details

  • Assessor Parcel Number 029-57-010

Community Details

Overview

  • Property has a Home Owners Association
  • Bayview Park Association

Recreation

  • Community Pool
  • Community Spa

Home Details

Home Type

Single Family

Year Built

Built in 1984

Lot Details

4,704 Sq Ft Lot

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch, Traditional
  • Sale Price Per Sq Ft: 357.63
  • Listing Class: Residential
  • Structure Sq Ft: 1468
  • Incorporated: Yes
  • Map Book Page: 795
  • Map Side Coordinate: 5
  • Map Top Coordinate: D
  • Thomas Bros Page: 795
  • Thomas Brothers: D5
  • Year Built: 1984
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Fireplace: Family Room, Gas Starter, Yes
  • Dining Room: Dining Area in Living Room, Breakfast Bar
  • Kitchen: Pantry, Dishwasher, Garbage Disposal, Oven Range - Built-In
  • Living Sq Ft: 1468
  • Stories: 1
  • Laundry: In Laundry Room
  • Flooring: Carpet - Area, Vinyl / Linoleum
  • Maximum Bathrooms: 2
  • Minimum Bathrooms: 2
  • Full Bathrooms: 2
  • Total Bedrooms: 3

Exterior Features

  • Pool Description: Spa - Community Facility, In Ground Other, Community Facility, Pool - Yes
  • Roof: Metal
  • Yard/Grounds: Patio(s)
  • Pool: Yes
  • Exterior: Stucco

Garage/Parking

  • Garage Spaces: 2

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Window Covering(s), Garden Window, High Ceiling, Vaulted Ceiling

Condo/Co-op/Association

  • HOA Fees: 206
  • H O A Name Text: Bayview Park
  • H O A Exist: Yes

Lot Info

  • Parcel Number: 029-57-010
  • List Price per Sq Ft: 323.57
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4791.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 4791.00
  • Lot Size Area Min Search: 4791.00
  • Maximum Lot Size: 4791.00
  • Map Book: Thomas Bros

Multi Family

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

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2012
Closed on
Sep 17, 2012
Sold by
The Marcella F Schiavo 1990 Trust and Schiavo Marcella F
Bought by
Singh Ajoy and Vinayak Bandana
Seller's Agent
Cindy Engel
Vale & Vine Real Estate
Buyer's Agent
Julin Lu
Lu Realty
List Price
$475,000
Sold Price
$525,000
Premium/Discount to List
$50,000
10.53%
Current Estimated Value
$1,710,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,185,207
Avg. Annual Appreciation
9.18%
Original Mortgage
$417,000
Outstanding Balance
$288,274
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$1,421,933

Purchase Details

Closed on
Dec 21, 1998
Sold by
Schiavo Marcella F
Bought by
The Marcella F Schiavo 1990 Trust and Schiavo Marcella F
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Singh Ajoy $525,000 Fidelity National Title Co
The Marcella F Schiavo 1990 Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Singh Ajoy $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2012 09/19/12 Sold $525,000 +10.5% $358 / Sq Ft
08/30/2012 08/30/12 Pending -- -- --
08/20/2012 08/20/12 For Sale $475,000 -- $324 / Sq Ft
Source: MLSListings

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 $8,032 $693,840 $323,244 $370,596
2024 $8,032 $680,236 $316,906 $363,330
2023 $8,007 $666,899 $310,693 $356,206
2022 $7,975 $653,823 $304,601 $349,222
2021 $7,860 $641,004 $298,629 $342,375
2020 $7,724 $634,432 $295,567 $338,865
2019 $7,637 $621,993 $289,772 $332,221
2018 $7,254 $609,798 $284,091 $325,707
2017 $7,161 $597,842 $278,521 $319,321
2016 $6,871 $586,120 $273,060 $313,060
2015 $6,354 $537,918 $268,959 $268,959
2014 $6,180 $527,382 $263,691 $263,691
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81231156

MLSListings

APN: 029-57-010

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