NOT LISTED FOR SALE

500 Altamont Dr Milpitas, CA 95035

Estimated Value: $2,178,000 - $2,453,000

4 Beds
3 Baths
2,230 Sq Ft
$1,044/Sq Ft Est. Value

Last Sold September 13, 2024

Last sale price $2,300,000 $1,031 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $12,746/month

6 Days on Market

Highlights

  • 2 Car Attached Garage
  • Forced Air Heating and Cooling System
  • Separate Family Room
  • Marshall Pomeroy Elementary School Rated A
  • Combination Dining and Living Room
  • 3-minute walk to Sandalwood Park

About This Home

As of September 2024

Welcome to this immaculate North-facing Shapell home, located in a top-performing Milpitas school district, offering a perfect blend of luxury, comfort, and convenience. Fully renovated in 2017, this gorgeous home features a new central Carrier 4-ton AC installed in 2021 and fully paid-off 8kW solar panels added in 2022. Spanning 2,230 sq. ft. with soaring cathedral ceilings, the home boasts abundant natural light in the vaulted living room, seamlessly connected to the formal dining room, making it ideal for entertaining. The bright kitchen is upgraded with a full granite backsplash, Samsung & Bosch stainless steel appliances, and a gas cooktop. The large family room, highlighted by a gas fireplace & wet bar, is perfect for quality time with loved ones. A guest bedroom next to a full bath is ideal for guests or as an office. Upstairs, oversized primary suite features a cozy fireplace, vaulted ceiling, 2 walk-in closets, and an upgraded ensuite bathroom. A den and two additional bright bedrooms with a remodeled bathroom cater to your growing family. A separate laundry area, dual-pane windows, a durable tile roof, low HOA fees, and an easy-to-maintain backyard, all ensuring a comfortable living experience. Conveniently located near shopping, parks, and all three top-notch schools.

Last Agent to Sell the Property

Frank Liu

Alliance Bay Realty License #00991680 Listed on: 08/14/2024

Alliance Bay Realty

Last Buyer's Agent

Vidya Kamal

EXP Realty of California, Inc License #02108062

EXP Realty of California, Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 3,920 Sq Ft Lot
  • Zoning described as R1

HOA Fees

  • $79 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,230 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Separate Family Room
  • Combination Dining and Living Room
  • Washer and Dryer

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • Association fees include maintenance - common area
  • Foothill Square Association

Listing and Financial Details

  • Assessor Parcel Number 026-27-026

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

HOA Fees

$79 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2230
  • Year Built: 1989
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Gas Burning
  • Dining Room: Dining Area, Dining Area in Living Room
  • Kitchen: Dishwasher, Garbage Disposal, Refrigerator
  • Living Sq Ft: 2230
  • Stories: 2
  • Laundry: Washer / Dryer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace: Yes

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 79
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Maintenance - Common Area
  • H O A Name Text: Foothill Square
  • H O A Exist: Yes

Schools

  • High School: 293

Lot Info

  • Parcel Number: 026-27-026
  • Lot Acres: 0.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3920.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 3920.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: Marshall Pomeroy 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
Aug 14, 2024
Closed on
Sep 4, 2024
Sold by
Gu Family Revocable Trust and Gu Ping
Bought by
Anand And Ganeshram Family Living Trust and Ganeshram
Seller's Agent
Frank Liu
Alliance Bay Realty
Buyer's Agent
Vidya Kamal
EXP Realty of California, Inc
List Price
$2,180,000
Sold Price
$2,300,000
Premium/Discount to List
$120,000
5.5%
Views
11
Current Estimated Value
$2,327,332

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,332
Avg. Annual Appreciation
0.87%
Original Mortgage
$1,840,000
Outstanding Balance
$1,815,799
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$511,533

Purchase Details

Closed on
Nov 12, 2010
Sold by
Gu Ping and Li Hong Ping
Bought by
Gu Ping and Li Hong Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
4.23%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2010
Sold by
Gu Ping and Li Hongping
Bought by
Gu Ping and Li Hong Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
4.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 7, 2009
Sold by
Gu Ping and Li Hongping
Bought by
Gu Ping and Li Hng Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 11, 2008
Sold by
Gu Ping and Li Hong Ping
Bought by
Gu Ping and Li Hong Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
6.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2004
Sold by
Gu Ping and Li Hong Ping
Bought by
Gu Ping and Li Hong Ping

Purchase Details

Closed on
Jan 8, 2003
Sold by
Gu Ping and Li Hong Ping
Bought by
Gu Ping and Li Hong Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.06%

Purchase Details

Closed on
Nov 27, 2002
Sold by
Gu Ping and Li Hong Ping
Bought by
Gu Ping and Li Hong Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.06%

Purchase Details

Closed on
Aug 15, 2002
Sold by
Gu Ping and Li Hong Ping
Bought by
Gu Ping and Li Hong Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.52%

Purchase Details

Closed on
Aug 2, 2002
Sold by
Gu Ping and Li Hong Ping
Bought by
Gu Ping and Li Hong Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.52%

Purchase Details

Closed on
Jun 3, 2002
Sold by
Gu Ping and Li Hongping
Bought by
Gu Ping and Li Hongping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.52%

Purchase Details

Closed on
Dec 16, 1996
Sold by
Nguyen Phat S and Nguyen Kimtrang T
Bought by
Gu Ping and Li Hongping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,600
Interest Rate
7.87%

Purchase Details

Closed on
Apr 12, 1994
Sold by
Nguyen Phat Si and Nguyen Kim Trang Thi
Bought by
Nguyen Phat Si and Nguyen Kim Trang Thi
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
Anand And Ganeshram Family Living Trust $2,300,000 Fidelity National Title
Gu Ping -- Accommodation
Gu Ping -- Chicago Title Company
Gu Ping -- Accommodation
Gu Ping -- Chicago Title Company
Gu Ping -- Stewart Title Of California
Gu Ping -- Stewart Title Of California
Gu Ping -- First American Title Company
Gu Ping -- First American Title Company
Gu Ping -- --
Gu Ping -- First American Title Company
Gu Ping -- First American Title Company
Gu Ping -- --
Gu Ping -- First American Title Co
Gu Ping -- --
Gu Ping $367,000 Golden California Title Co
Nguyen Phat Si -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Anand And Ganeshram Family Living Trust $1,840,000
Previous Owner Gu Ping $370,000
Previous Owner Gu Ping $372,000
Previous Owner Gu Ping $372,000
Previous Owner Gu Ping $225,000
Previous Owner Gu Ping $260,000
Previous Owner Gu Ping $260,000
Previous Owner Gu Ping $293,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/13/2024 09/13/24 Sold $2,300,000 +5.5% $1,031 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
08/14/2024 08/14/24 For Sale $2,180,000 -- $978 / 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 $6,967 $2,300,000 $1,725,000 $575,000
2024 $6,967 $585,989 $266,649 $319,340
2023 $6,864 $574,500 $261,421 $313,079
2022 $6,836 $563,237 $256,296 $306,941
2021 $6,736 $552,194 $251,271 $300,923
2020 $6,619 $546,533 $248,695 $297,838
2019 $6,543 $535,818 $243,819 $291,999
2018 $6,216 $525,313 $239,039 $286,274
2017 $6,215 $515,013 $234,352 $280,661
2016 $5,964 $504,915 $229,757 $275,158
2015 $5,904 $497,331 $226,306 $271,025
2014 $5,742 $487,589 $221,873 $265,716
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81970348

MLSListings

APN: 026-27-026