NOT LISTED FOR SALE

512 Sweet Bay Dr Milpitas, CA 95035

Estimated Value: $1,614,904 - $1,806,000

4 Beds
3.5 Baths
2,318 Sq Ft
$723/Sq Ft Est. Value

Last Sold July 09, 2024

Last sale price $1,650,000 $712 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $10,243/month

18 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • Main Floor Bedroom
  • Joseph Weller Elementary School Rated A
  • Deck
  • High Ceiling

About This Home

As of July 2024

Rare opportunity to own a 4-bedroom single-family home in the Hidden Creek neighborhood of Milpitas! Built in 2016 by esteemed builder Lennar, this modern tri-level home features 10-foot ceilings & oversized windows, showcasing its natural light. The ground floor has an ensuite bedroom & full bathroom, ideal for guests or an executive office. The open-concept living, dining, & kitchen feature designer tile floors. The chef's kitchen includes 6-burner Monogram gas range & granite countertops. Open the sliding door to the balcony for effortless entertaining. The living area includes an office nook with a built-in desk, and the half bath on the main floor adds convenience. The top floor includes 3 bedrooms, 2 full bathrooms, & laundry area. The primary suite features a walk-in closet and luxurious bathroom with dual-sink vanity, oversized glass shower, & sunken tub. Enjoy mountain views from the cozy reading corner. Upgrades include recessed lights, central heat/AC, & solar panels. The private side yard is perfect for a small vegetable garden. The Waterstone Community offers a BBQ area & playground. Minutes from the Great Mall, Dixon Landing Park, major freeways, & BART. Nearby grocery, dining options, & top-rated Milpitas schools make this home special.

Last Agent to Sell the Property

Kimberley Bellotti

Christie's International Real Estate Sereno License #02000448 Listed on: 05/14/2024

Christie's International Real Estate Sereno

Co-Listed By

Roxy Laufer

Christie's International Real Estate Sereno License #02006177

Last Buyer's Agent

Erica Wong

168 Realty License #01866034

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 1,969 Sq Ft Lot
  • Back and Front Yard Fenced
  • Sprinklers on Timer
  • Zoning described as R1

HOA Fees

  • $279 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Electric Vehicle Home Charger
  • Off-Street Parking

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 2,318 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Mud Room
  • Family or Dining Combination

Kitchen

  • Open to Family Room
  • Oven or Range
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Dryer

Eco-Friendly Details

  • Solar Power System
  • Solar owned by a third party

Outdoor Features

  • Balcony
  • Deck

Utilities

  • Forced Air Heating and Cooling System
  • Tankless Water Heater

Listing and Financial Details

  • Assessor Parcel Number 022-59-060

Community Details

Overview

  • Association fees include insurance - common area, landscaping / gardening, maintenance - common area
  • Waterstone Community Association
  • Built by Waterstone Community Association

Amenities

  • Community Barbecue Grill

Recreation

  • Community Playground

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

1,969 Sq Ft Lot

HOA Fees

$279 per month

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 2318
  • Complex Name: Waterstone Community Association
  • Incorporated: Yes
  • Year Built: 2016
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Kitchen / Family Room Combo
  • Dining Room: Dining Area in Family Room
  • Kitchen: Countertop - Granite, Dishwasher, Cooktop - Gas, Garbage Disposal, Microwave, Oven Range, Refrigerator
  • Living Sq Ft: 2318
  • Stories: 3
  • Bedrooms: Ground Floor Bedroom, More than One Primary Bedroom, Primary Suite / Retreat, Walk-in Closet
  • Laundry: Washer / Dryer, Upper Floor
  • Flooring: Tile, Carpet
  • Additional Rooms: Laundry Room, Mud Room
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Bathroom: Double Sinks, Stall Shower, Shower and Tub, Tile, Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Tile
  • Yard/Grounds: Balcony / Patio, Sprinklers - Auto, Deck
  • Fencing: Fenced Back, Fenced Front

Garage/Parking

  • Garage Spaces: 2
  • Garage Parking Features: Attached Garage, Off-Street Parking
  • Electric Vehicle Hookup Type: Electric Vehicle Hookup Level 1 (120 volts)

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 279
  • HOA Amenities: BBQ Area, Playground
  • HOA Fee Frequency: Monthly
  • Association Fees Include: Insurance - Common Area, Landscaping / Gardening, Maintenance - Common Area
  • H O A Name Text: Waterstone Community Association
  • H O A Exist: Yes

Association/Amenities

  • Amenities Miscellaneous: High Ceiling, Walk-in Closet

Lot Info

  • Parcel Number: 022-59-060
  • Lot Acres: 0.0452
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 1968.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 1968.00

Green Features

  • Energy Features: Solar Power, Energy Star Appliances, Tankless Water Heater, Double Pane Windows

Multi Family

  • Utilities: Public Utilities, Solar Panels - Leased

MLS Schools

  • High School District Text: Milpitas Unified

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 14, 2024
Closed on
Jun 1, 2024
Sold by
Beeraka Family Revocable Trust and Beeraka Parag
Bought by
Hu Dawei
Seller's Agent
Kimberley Bellotti
Christie's International Real Estate Sereno
Buyer's Agent
Erica Wong
168 Realty
List Price
$1,699,000
Sold Price
$1,650,000
Premium/Discount to List
-$49,000
-2.88%
Views
35
Current Estimated Value
$1,676,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,226
Avg. Annual Appreciation
0.93%
Original Mortgage
$1,320,000
Outstanding Balance
$1,297,278
Interest Rate
6.75%
Mortgage Type
Balloon
Estimated Equity
$378,948

Purchase Details

Closed on
Mar 4, 2020
Sold by
Beeraka Parag and Cherla Krishna Sindhura
Bought by
Beeraka Parag and Cherla Krishna Sindhura

Purchase Details

Closed on
Nov 13, 2016
Sold by
Lennar Homes Of California Inc
Bought by
Beeraka Parag and Cherla Krishna S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$840,000
Interest Rate
3.47%
Mortgage Type
New Conventional
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
Hu Dawei $1,650,000 Stewart Title Of California
Beeraka Parag -- None Available
Beeraka Parag $1,001,000 North American Title Co Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hu Dawei $1,320,000
Previous Owner Beeraka Parag $840,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/09/2024 07/09/24 Sold $1,650,000 -2.9% $712 / Sq Ft
06/01/2024 06/01/24 Pending -- -- --
05/14/2024 05/14/24 For Sale $1,699,000 -- $733 / 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 $13,746 $1,650,000 $1,237,500 $412,500
2024 $13,746 $1,138,824 $682,695 $456,129
2023 $13,692 $1,116,495 $669,309 $447,186
2022 $13,609 $1,094,604 $656,186 $438,418
2021 $13,393 $1,073,142 $643,320 $429,822
2020 $13,158 $1,062,139 $636,724 $425,415
2019 $12,998 $1,041,314 $624,240 $417,074
2018 $12,345 $1,020,897 $612,000 $408,897
2017 $12,175 $1,000,880 $600,000 $400,880
2016 $3,580 $302,157 $302,157 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81963252

MLSListings

APN: 022-59-060

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