NOT LISTED FOR SALE

494 Dixon Rd Milpitas, CA 95035

Estimated Value: $1,388,558 - $2,090,000

3 Beds
2 Baths
1,130 Sq Ft
$1,425/Sq Ft Est. Value

Last Sold July 05, 2018

Last sale price $1,092,000 $966 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $9,490/month

8 Days on Market

Highlights

  • Deck
  • Wood Flooring
  • Steam Shower
  • Joseph Weller Elementary School Rated A
  • Marble Bathroom Countertops
  • Quartz Countertops

About This Home

As of July 2018

This beautifully updated home in the heart of Milpitas is conveniently located walking distance to to shopping, restaurants, schools and freeway access. The kitchen was just totally renovated with all brand new stainless steel appliances, Corian countertops and white cabinets. There are stunning oak hardwood floors throughout, crown molding, can lighting, and plantation shutters. Both bathrooms have custom marble steam showers. The interior of home has been freshly painted and is ready to move right in! New lawn in front and fruit trees in back yard. Very convenient location, walk to 3 Schools, Park, Supermarkets, Shopping Center, Restaurants. Easy access to highway 880, 680.* 2.5 Miles to TESLA, Fremont! 4 Miles to Cisco Milpitas! 10 miles to Google Sunnyvale! 13 Miles to NVIDIA Santa Clara* Open House Saturday June 9 1-4pm Sunday June 10 1-4pm

Last Agent to Sell the Property

Laura Barbara

Coldwell Banker License #01324341 Listed on: 06/07/2018

Coldwell Banker

Last Buyer's Agent

Laura Barbara

Coldwell Banker License #01324341 Listed on: 06/07/2018

Coldwell Banker

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1961

Lot Details

  • 5,685 Sq Ft Lot
  • Wood Fence
  • Grass Covered Lot
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Composition Roof
  • Stucco

Interior Spaces

  • 1,130 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Combination Dining and Living Room
  • Storage Room
  • Laundry in Garage
  • Neighborhood Views
  • Crawl Space

Kitchen

  • Gas Oven
  • Range Hood
  • Microwave
  • Freezer
  • Dishwasher
  • Quartz Countertops
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Marble Bathroom Countertops
  • Stone Countertops In Bathroom
  • Steam Shower
  • Walk-in Shower

Outdoor Features

  • Deck
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Vented Exhaust Fan
  • Separate Meters
  • Individual Gas Meter
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 026-08-066

Home Details

Home Type

Single Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Ranch
  • Listing Class: Residential
  • Structure Sq Ft: 1130
  • Year Built: 1961
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Dining Room: Dining Area in Living Room
  • Kitchen: Countertop - Quartz, Dishwasher, Exhaust Fan, Freezer, Garbage Disposal, Hood Over Range, Microwave, Oven Range - Gas, Refrigerator
  • Living Sq Ft: 1130
  • Stories: 1
  • Laundry: In Garage
  • Flooring: Hardwood, Tile
  • Additional Rooms: Storage
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Bathroom: Marble, Stall Shower, Steam Shower, Stone, Updated Bath

Exterior Features

  • Foundation: Crawl Space
  • Roof: Composition
  • View: Neighborhood
  • Yard/Grounds: Deck, Low Maintenance, Storage Shed / Structure
  • Fencing: Wood
  • Construction Type: Stucco

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Wall Furnace
  • Sewer/Septic System: Sewer - Public

Lot Info

  • Lot Description: Regular
  • Parcel Number: 026-08-066
  • Lot Acres: 0.1305
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 5686.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 5686.00
  • Soil: Unknown

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

MLS Schools

  • High School District Text: Milpitas Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2018
Closed on
Jun 25, 2018
Sold by
Velasaco Edgar A and Delacruz Airen B
Bought by
Lin Hung Ta and Chang Yi Hsin
Seller's Agent
Laura Barbara
Coldwell Banker
Buyer's Agent
Laura Barbara
Coldwell Banker
List Price
$988,000
Sold Price
$1,092,000
Premium/Discount to List
$104,000
10.53%
Current Estimated Value
$1,610,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$518,140
Avg. Annual Appreciation
5.28%
Original Mortgage
$806,600
Outstanding Balance
$685,360
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$924,780

Purchase Details

Closed on
Aug 2, 2001
Sold by
Velasco Francisco A and Velasco Vicenta A
Bought by
Velasco Edgar A and Delacruz Airen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
7.1%

Purchase Details

Closed on
Apr 27, 1998
Sold by
Wheeler Family Trust The and Patricia B
Bought by
Velasco Edgar A and Delacruz Airen B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
9.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lin Hung Ta $1,092,000 Chicago Title Co
Velasco Edgar A -- North American Title Co
Velasco Edgar A $245,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lin Hung Ta $806,600
Previous Owner Velasco Edgar A $275,000
Previous Owner Velasco Edgar A $220,500
Closed Velasco Edgar A $11,460
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/05/2018 07/05/18 Sold $1,092,000 +10.5% $966 / Sq Ft
06/16/2018 06/16/18 Pending -- -- --
06/07/2018 06/07/18 For Sale $988,000 -- $874 / 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 $13,837 $1,218,141 $892,413 $325,728
2024 $13,837 $1,194,257 $874,915 $319,342
2023 $13,793 $1,170,841 $857,760 $313,081
2022 $13,734 $1,147,885 $840,942 $306,943
2021 $13,115 $1,125,378 $824,453 $300,925
2020 $10,898 $910,000 $750,000 $160,000
2019 $12,052 $1,092,000 $800,000 $292,000
2018 $4,996 $412,054 $201,307 $210,747
2017 $4,932 $403,975 $197,360 $206,615
2016 $4,732 $396,055 $193,491 $202,564
2015 $4,684 $390,107 $190,585 $199,522
2014 $4,552 $382,466 $186,852 $195,614
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81709059

MLSListings

APN: 026-08-066