NOT LISTED FOR SALE

561 Wool Dr Milpitas, CA 95035

Estimated Value: $1,239,000 - $1,671,000

3 Beds
3 Baths
1,550 Sq Ft
$925/Sq Ft Est. Value

Last Sold September 20, 2013

Last sale price $570,000 $368 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $8,205/month

13 Days on Market

Highlights

  • Contemporary Architecture
  • Breakfast Area or Nook
  • 2 Car Attached Garage
  • William Burnett Elementary School Rated A
  • Formal Dining Room
  • 4-minute walk to Cardoza Park

About This Home

As of September 2013

Gorgeous home in prime Milpitas neighborhood. Unique two story home with 3 bedrooms and 3 full bathrooms. Downstairs bedroom with full bathroom for your visitors. Cathedral ceiling, loft, and large master bedroom suite with walk-in closet.

Last Agent to Sell the Property

Matt Cossell

Keller Williams Los Gatos Estates License #01382971 Listed on: 08/09/2013

Keller Williams Los Gatos Estates

Last Buyer's Agent

Rajdeep Khera

Home Advantage Corp License #01176986

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1987

Lot Details

  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Tile Roof
  • Concrete Roof
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Fireplace With Gas Starter
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Wall to Wall Carpet
  • Gas Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Utilities

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

Listing and Financial Details

  • Assessor Parcel Number 029-10-075

Home Details

Home Type

Single Family

Year Built

Built in 1987

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Contemporary
  • Sale Price Per Sq Ft: 367.74
  • Listing Class: Residential
  • Structure Sq Ft: 1550
  • Incorporated: Yes
  • Map Book Page: 794
  • Map Side Coordinate: 5
  • Map Top Coordinate: B
  • Thomas Bros Page: 794
  • Thomas Brothers: B5
  • Year Built: 1987
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Living Room, Gas Starter, Yes
  • Dining Room: Formal Dining Room, Breakfast Nook
  • Kitchen: Dishwasher, Oven Range, 220 Volt Outlet, Hookups - Gas
  • Living Sq Ft: 1550
  • Stories: 2
  • Laundry: Gas Hookup, 220 Volt Outlet
  • Flooring: Carpet - Wall to Wall
  • Maximum Bathrooms: 3
  • Minimum Bathrooms: 3
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Bathroom: Shower over Tub - 1, Tubs - 1, Stall Shower, Tub in Primary Bedroom

Exterior Features

  • Foundation: Concrete Perimeter
  • Pool Description: Pool - No
  • Roof: Tile, Concrete
  • Exterior: Wood

Garage/Parking

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

Utilities

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

Schools

  • High School: 293

Lot Info

  • Parcel Number: 029-10-075
  • List Price per Sq Ft: 335.48
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 3600.00
  • Lot Size Area Maximum Units: Square Feet
  • Lot Size Area Max Search: 3600.00
  • Lot Size Area Min Search: 3600.00
  • Maximum Lot Size: 3600.00
  • Map Book: Thomas Bros

Multi Family

  • Maximum Building Height: 2
  • Minimum Building Height: 2

MLS Schools

  • High School District Text: Milpitas Unified
  • Elementary School Text: William Burnett 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 9, 2013
Closed on
Sep 13, 2013
Sold by
Dhaliwal Ajit K
Bought by
Lalli Gurinder Singh and Lalli Jasbir K
Seller's Agent
Matt Cossell
Keller Williams Los Gatos Estates
Buyer's Agent
Rajdeep Khera
Home Advantage Corp
List Price
$520,000
Sold Price
$570,000
Premium/Discount to List
$50,000
9.62%
Current Estimated Value
$1,434,435

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,435
Avg. Annual Appreciation
7.81%
Original Mortgage
$456,000
Outstanding Balance
$339,743
Interest Rate
4.36%
Mortgage Type
New Conventional
Estimated Equity
$1,094,692

Purchase Details

Closed on
Mar 14, 2002
Sold by
Dhaliwal Surjan S and Dhaliwal Ajit K
Bought by
Dhaliwal Ajit K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
6.84%
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
Lalli Gurinder Singh $570,000 Stewart Title Of California
Dhaliwal Ajit K -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lalli Gurinder Singh $456,000
Previous Owner Dhaliwal Ajit K $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/20/2013 09/20/13 Sold $570,000 +9.6% $368 / Sq Ft
08/22/2013 08/22/13 Pending -- -- --
08/09/2013 08/09/13 For Sale $520,000 -- $335 / 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 $8,007 $698,732 $349,366 $349,366
2024 $8,007 $685,032 $342,516 $342,516
2023 $7,980 $671,600 $335,800 $335,800
2022 $7,947 $658,432 $329,216 $329,216
2021 $7,831 $645,522 $322,761 $322,761
2020 $7,694 $638,904 $319,452 $319,452
2019 $7,606 $626,378 $313,189 $313,189
2018 $7,223 $614,098 $307,049 $307,049
2017 $7,129 $602,058 $301,029 $301,029
2016 $6,839 $590,254 $295,127 $295,127
2015 $6,769 $581,388 $290,694 $290,694
2014 $6,583 $570,000 $285,000 $285,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81329144

MLSListings

APN: 029-10-075