NOT LISTED FOR SALE

720 Tramway Dr Milpitas, CA 95035

Estimated Value: $1,640,000 - $1,763,339

4 Beds
2 Baths
1,462 Sq Ft
$1,175/Sq Ft Est. Value

Last Sold May 23, 2023

Last sale price $1,500,000 $1,026 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $10,796/month

1 Day on Market

Highlights

  • Contemporary Architecture
  • Solid Surface Countertops
  • 2 Car Attached Garage
  • Curtner Elementary School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of May 2023

Welcome to this charming 4-bedroom, 2-bathroom home located at 720 Tramway Drive in Milpitas! Situated in the heart of the Silicon Valley, this property offers a prime location with easy access to all the amenities and attractions the region has to offer. Inside, you'll find a cozy and inviting living space with 1,462 square feet of living area. The layout is perfect for both relaxing and entertaining, with a spacious living room that flows seamlessly into the dining area and kitchen. The kitchen features plenty of counter and storage space, making it ideal for preparing meals and entertaining guests. The four bedrooms are all well-proportioned and offer ample closet space, making this an ideal home for families or anyone who values space and privacy. Outside, the property boasts a generous lot size of 5,775 square feet, providing ample room for outdoor entertaining. The backyard is low maintenance, with a covered patio area that's perfect for al fresco dining and relaxation. The front yard is well maintained and adds to the overall charm and curb appeal of the property. Easy access to 680!

Last Agent to Sell the Property

Peter Garcia

Alliance Bay Realty License #01097778 Listed on: 05/08/2023

Alliance Bay Realty

Last Buyer's Agent

Sal Esposito

Intero Real Estate Services License #01901602

Intero Real Estate Services

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1972

Lot Details

  • 5,775 Sq Ft Lot
  • Fenced
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Home Design

  • Contemporary Architecture
  • Stucco

Interior Spaces

  • 1-Story Property

Kitchen

  • Eat-In Kitchen
  • Electric Cooktop
  • Dishwasher
  • Kitchen Island
  • Solid Surface Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry in Garage
  • Washer and Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • 220 Volts in Kitchen

Community Details

  • No Home Owners Association
  • Bay East Association

Home Details

Home Type

Single Family

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Stories: 1
  • Year Built: 1972
  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size Acres: 0.13
  • Subdivision Name: Not Listed
  • Directions: Jacklin / Hillview / Tramway
  • Architectural Style: Contemporary
  • Carport Y N: No
  • Garage Yn: Yes
  • Unit Levels: One Story
  • New Construction: No
  • ResoPropertyType: Residential
  • ResoBuildingAreaSource: PublicRecords
  • Special Features: None

Interior Features

  • Flooring: Laminate, Carpet
  • Appliances: Dishwasher, Electric Range, Disposal
  • Other Equipment: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: None
  • Fireplace: No
  • Interior Amenities: No Additional Rooms, Counter - Solid Surface, Eat-in Kitchen, Kitchen Island
  • Room Kitchen Features: 220 Volt Outlet, Counter - Solid Surface, Dishwasher, Eat In Kitchen, Electric Range/Cooktop, Garbage Disposal, Island

Exterior Features

  • Fencing: Fenced
  • Lot Features: Landscape Front
  • Pool Features: None
  • Pool Private: No
  • Construction Type: Stucco
  • Exterior Features: Back Yard, Front Yard
  • Property Condition: Existing

Garage/Parking

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

Utilities

  • Heating: Natural Gas
  • Cooling: Ceiling Fan(s), Central Air
  • Laundry Features: Hookups Only, In Garage
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Electric: No Solar, 220 Volts in Kitchen
  • Electricity On Property: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Name: BAY EAST
  • Association: No

Lot Info

  • Lot Size Sq Ft: 5775
  • ResoLotSizeUnits: Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2023
Closed on
May 16, 2023
Sold by
Morales Arthur B
Bought by
Jain Akash and Jain Sapna
Seller's Agent
Peter Garcia
Alliance Bay Realty
Buyer's Agent
Sal Esposito
Intero Real Estate Services
Sold Price
$1,500,000
Views
2
Current Estimated Value
$1,790,575

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$290,575
Avg. Annual Appreciation
5.20%
Original Mortgage
$1,089,000
Outstanding Balance
$1,058,107
Interest Rate
6.28%
Mortgage Type
New Conventional
Estimated Equity
$659,978

Purchase Details

Closed on
Aug 25, 2006
Sold by
Morales Arthur B and Cruz Exequiel
Bought by
Morales Arthur B and Cruz Exequiel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,500
Interest Rate
6.67%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Sep 24, 2004
Sold by
Tumber Daljit S and Tumber Sonika K
Bought by
Cruz Exequiel and Morales Arthur

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 18, 2002
Sold by
Tayama Diane M and Sanchez Diane M
Bought by
Tumber Daljit S and Tumber Sonika K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.85%

Purchase Details

Closed on
May 27, 1997
Sold by
Sanchez Richard H
Bought by
Sanchez Diane M
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
Jain Akash $1,500,000 First American Title
Morales Arthur B -- Gateway Title Company
Cruz Exequiel $630,000 Alliance Title Company
Tumber Daljit S $441,000 American Title Co
Sanchez Diane M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jain Akash $1,089,000
Previous Owner Morales Arthur B $75,500
Previous Owner Morales Arthur B $604,000
Previous Owner Cruz Exequiel $500,000
Previous Owner Tumber Daljit S $300,700
Closed Cruz Exequiel $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Off Market $1,500,000 -- --
05/23/2023 05/23/23 Sold $1,500,000 -- $1,026 / Sq Ft
05/09/2023 05/09/23 Pending -- -- --
Source: Bay East Association of REALTORS®

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 $17,753 $1,560,600 $1,170,450 $390,150
2024 $17,753 $1,530,000 $1,147,500 $382,500
2023 $9,996 $844,052 $379,822 $464,230
2022 $9,954 $827,503 $372,375 $455,128
2021 $9,809 $811,278 $365,074 $446,204
2020 $9,638 $802,960 $361,331 $441,629
2019 $9,527 $787,217 $354,247 $432,970
2018 $9,045 $771,782 $347,301 $424,481
2017 $8,928 $756,650 $340,492 $416,158
2016 $8,566 $741,815 $333,816 $407,999
2015 $8,479 $730,673 $328,802 $401,871
2014 $8,252 $716,361 $322,362 $393,999
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bay East Association of REALTORS®

MLS Number: 41026568

Bay East Association of REALTORS®

APN: 028-08-019