NOT LISTED FOR SALE

698 Grayson Way Milpitas, CA 95035

Estimated Value: $1,633,000 - $1,894,000

3 Beds
2.5 Baths
1,325 Sq Ft
$1,335/Sq Ft Est. Value

Last Sold July 16, 2015

Last sale price $938,000 $708 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $10,430/month

8 Days on Market

Highlights

  • Wood Flooring
  • Marble Bathroom Countertops
  • Breakfast Area or Nook
  • Marshall Pomeroy Elementary School Rated A
  • Granite Countertops
  • 3-minute walk to Sandalwood Park

About This Home

As of July 2015

Gorgeous home in prime & quiet neighborhood. Beautiful engineered hardwood floors in living room & staircase, new interior decorator paint, recessed lighting, A/C, granite kitchen countertops, newly painted kitchen cabinets, high ceiling w/ fireplace & lots of natural light. Large master bath w/ cultured marble counters & large tub. Huge backyard w/ patio. Walk to park, school & situated next to green belt w/ jogging path. Easy access to main roads & freeways. Staged & shows like a model home

Last Agent to Sell the Property

Cristina Martinez

Hernani Mendoza, Broker License #00990393 Listed on: 06/04/2015

Last Buyer's Agent

Diane Ji

Elite Realty & Finance License #01330595

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,630

Year Built

  • Built in 1988

Lot Details

  • 3,920 Sq Ft Lot
  • Back Yard Fenced
  • Sprinklers on Timer
  • Zoning described as R1

Parking

  • 2 Car Attached Garage

Home Design

  • Slab Foundation
  • Tile Roof

Interior Spaces

  • 1,325 Sq Ft Home
  • 2-Story Property
  • Wood Burning Fireplace
  • Combination Dining and Living Room
  • Washer and Dryer Hookup

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Marble Bathroom Countertops
  • Dual Sinks
  • Bathtub with Shower
  • Bathtub Includes Tile Surround
  • Walk-in Shower

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Gas
  • Separate Meters
  • 220 Volts
  • Individual Gas Meter
  • Cable TV Available

Community Details

  • Property has a Home Owners Association
  • Association fees include common area electricity, maintenance - common area
  • Massingham Association

Listing and Financial Details

  • Assessor Parcel Number 026-19-055

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,630

Year Built

Built in 1988

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Age: 27
  • Listing Class: Residential
  • Structure Sq Ft: 1325
  • Year Built: 1988
  • Zoning Description: R1
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: No Family Room
  • Fireplace: Wood Burning
  • Dining Room: Breakfast Nook, Dining Area in Living Room
  • Kitchen: 220 Volt Outlet, Countertop - Granite, Dishwasher, Garbage Disposal, Oven Range - Gas
  • Living Sq Ft: 1325
  • Stories: 2
  • Laundry: Hookup - Washer/Dryer
  • Flooring: Carpet, Hardwood, Tile
  • Fireplaces Min: 1
  • Maximum Numberof Bedrooms: 3
  • Minimum Numberof Bedrooms: 3
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Bathroom: Double Sinks, Marble, Shower and Tub, Stall Shower, Tile, Tub
  • Fireplace: Yes

Exterior Features

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

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • HOA Fees: 43
  • Association Fees Include: Common Area Electricity, Maintenance - Common Area
  • H O A Name Text: Massingham
  • H O A Exist: Yes

Schools

  • School District: Milpitas Unified
  • Elementary School: Marshall Pomeroy Elementary
  • Middle School: Thomas Russell Junior High
  • High School: Milpitas High
  • High School: 293
  • Elementary School: 282
  • Middle School: 291

Lot Info

  • Parcel Number: 026-19-055
  • Lot Acres: 0.0900
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 4015.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 4015.00

Multi Family

  • Utilities: Individual Electric Meters, Individual Gas Meters

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
Jun 4, 2015
Closed on
Jul 13, 2015
Sold by
Ambalathingal Tony P and Ambalathingal Siji T
Bought by
Wang Chao and Qin Xiaotang
Seller's Agent
Cristina Martinez
Hernani Mendoza, Broker
Buyer's Agent
Diane Ji
Elite Realty & Finance
List Price
$859,950
Sold Price
$938,000
Premium/Discount to List
$78,050
9.08%
Current Estimated Value
$1,768,625

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,625
Avg. Annual Appreciation
6.38%
Original Mortgage
$750,000
Outstanding Balance
$574,608
Interest Rate
3.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,194,017

Purchase Details

Closed on
Apr 28, 2005
Sold by
Wong Jo Ann
Bought by
Ambalathingal Tony P and Ambalathingal Siji T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$549,600
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2002
Sold by
Wong Justin
Bought by
Wong Jo Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.37%

Purchase Details

Closed on
Oct 12, 2000
Sold by
Trustee Clinton John W Jr And Marjorie L
Bought by
Wong Jo Ann and Wong Justin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
7.75%

Purchase Details

Closed on
Feb 13, 1998
Sold by
Clinton John W and Clinton Marjorie L
Bought by
Clinton John W and Clinton Marjorie L
Source: Public Records

Range of Values:

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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
Wang Chao $938,000 First American Title Company
Ambalathingal Tony P $699,000 Chicago Title
Wong Jo Ann -- Commonwealth Land Title
Wong Jo Ann $286,000 Alliance Title Company
Clinton John W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Chao $750,000
Previous Owner Ambalathingal Tony P $549,600
Previous Owner Wong Jo Ann $300,000
Previous Owner Wong Jo Ann $325,000
Closed Wong Jo Ann $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2015 07/16/15 Sold $938,000 +9.1% $708 / Sq Ft
06/12/2015 06/12/15 Pending -- -- --
06/04/2015 06/04/15 For Sale $859,950 -- $649 / 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 $12,630 $1,110,394 $710,274 $400,120
2024 $12,630 $1,088,623 $696,348 $392,275
2023 $12,590 $1,067,279 $682,695 $384,584
2022 $12,536 $1,046,353 $669,309 $377,044
2021 $12,354 $1,025,837 $656,186 $369,651
2020 $12,138 $1,015,319 $649,458 $365,861
2019 $11,997 $995,412 $636,724 $358,688
2018 $11,388 $975,895 $624,240 $351,655
2017 $11,241 $956,760 $612,000 $344,760
2016 $10,787 $938,000 $600,000 $338,000
2015 $9,389 $810,699 $347,939 $462,760
2014 -- $743,000 $318,900 $424,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81468839

MLSListings

APN: 026-19-055