NOT LISTED FOR SALE

514 Tramway Dr Milpitas, CA 95035

Estimated Value: $1,505,000 - $1,628,000

3 Beds
1.5 Baths
1,120 Sq Ft
$1,395/Sq Ft Est. Value

Last Sold December 20, 2019

Last sale price $940,000 $839 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $8,919/month

14 Days on Market

Highlights

  • Mountain View
  • Granite Countertops
  • Eat-In Kitchen
  • Curtner Elementary School Rated A
  • 2 Car Attached Garage
  • Bathtub with Shower

About This Home

As of December 2019

Charming Single Story Home*Top Rated Curtner Elementary*Updated Kitchen with Maple Oak Cabinets, Granite Counter Tops, Tile Flooring & Newer Stainless Steel Appliances*Sliding Glass Door Leading to Back Covered Patio*Large Yard with Built In BBQ*Wood Burning Fireplace*Central Heating*Master Bedroom Features His & Hers Closets*Sprinkler System*Front & Backyard*2 Car Garage with Washer/Dryer Included*Convenient Location-Close to Schools, Parks & Shopping*Musts See!

Last Agent to Sell the Property

Malik Husain

Intero Real Estate Services License #00987513 Listed on: 11/14/2019

Intero Real Estate Services

Co-Listed By

Ovais Husain

Intero Real Estate Services License #01937049

Last Buyer's Agent

Michael Cheng

Archers Homes License #01886927

Home Details

Home Type

  • Single Family

Year Built

  • 1972

Lot Details

  • 6,286 Sq Ft Lot
  • Sprinkler System
  • Back Yard

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 1,120 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Oven
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry in Garage
  • Washer and Dryer

Outdoor Features

  • Barbecue Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System
  • 220 Volts

Home Details

Home Type

Single Family

Year Built

1972

Lot Details

0

Parking

2

Listing Details

  • Zoning: R16
  • Subclass: Single Family Home
  • Listing Class: Residential
  • Structure Sq Ft: 1120
  • Special Features: None
  • Property Sub Type: Detached
  • Year Built: 1972

Interior Features

  • Family Room: No Family Room
  • Fireplace: Living Room, Wood Burning
  • Dining Room: Eat In Kitchen
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Microwave, Oven - Electric, Pantry, Refrigerator
  • Fireplace: Yes
  • Living Sq Ft: 1120
  • Stories: 1
  • Laundry: In Garage, Washer / Dryer
  • Flooring: Carpet, Laminate, Tile, Vinyl / Linoleum
  • Fireplaces Min: 1
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Shower And Tub

Exterior Features

  • Foundation: Concrete Slab
  • Roof: Composition
  • View: Mountains, Neighborhood
  • Yard/Grounds: Back Yard, Bbq Area, Sprinklers - Lawn

Garage/Parking

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

Utilities

  • Cooling System: Window / Wall Unit
  • Heating System: Central Forced Air - Gas
  • Sewer/Septic System: Sewer - Public

Schools

  • High School: 293

Lot Info

  • Lot Acres: 0.1443
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6284.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6284.00

Multi Family

  • Utilities: Public Utilities

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2019
Closed on
Dec 9, 2019
Sold by
Cook Linda L
Bought by
Kumbam Ravi Shankar Reddy and Kancharakunila Godha Manogna
Seller's Agent
Malik Husain
Intero Real Estate Services
Buyer's Agent
Michael Cheng
Archers Homes
List Price
$925,000
Sold Price
$940,000
Premium/Discount to List
$15,000
1.62%
Current Estimated Value
$1,528,509

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$588,509
Avg. Annual Appreciation
8.68%
Original Mortgage
$752,000
Outstanding Balance
$654,949
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$907,846

Purchase Details

Closed on
Aug 29, 1996
Sold by
Cook A K and Cook Linda L
Bought by
Cook Linda L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
9.55%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kumbam Ravi Shankar Reddy $940,000 Old Republic Title Company
Cook Linda L -- Golden California Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kumbam Ravi Shankar Reddy $752,000
Previous Owner Cook Linda L $146,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/20/2019 12/20/19 Sold $940,000 +1.6% $839 / Sq Ft
11/29/2019 11/29/19 Pending -- -- --
11/14/2019 11/14/19 For Sale $925,000 -- $826 / 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 $11,787 $1,028,024 $874,915 $153,109
2024 $11,787 $1,007,867 $857,760 $150,107
2023 $11,751 $988,106 $840,942 $147,164
2022 $11,703 $968,732 $824,453 $144,279
2021 $11,534 $949,738 $808,288 $141,450
2020 $11,333 $940,000 $800,000 $140,000
2019 $2,587 $202,409 $96,561 $105,848
2018 $2,463 $198,441 $94,668 $103,773
2017 $2,431 $194,551 $92,812 $101,739
2016 $2,329 $190,738 $90,993 $99,745
2015 $2,305 $187,874 $89,627 $98,247
2014 $2,229 $184,195 $87,872 $96,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81775554

MLSListings

APN: 028-08-002