NOT LISTED FOR SALE

883 Payne Ct Sunnyvale, CA 94087

Estimated Value: $3,651,000 - $4,321,000

5 Beds
2.5 Baths
3,012 Sq Ft
$1,292/Sq Ft Est. Value

Last Sold August 10, 2018

Last sale price $2,960,000 $983 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $23,471/month

10 Days on Market

Highlights

  • Above Ground Spa
  • Primary Bedroom Suite
  • Family Room with Fireplace
  • Cumberland Elementary School Rated A-
  • Colonial Architecture
  • Vaulted Ceiling

About This Home

As of August 2018

Gorgeous luxury home situated in a safe Cul-De-Sac location. Desirable Cumberland Ele, Sunnyvale Middle and Homestead High School. Dramatic soaring ceiling in family room & formal dinning. Separate family room feature fireplace, built-in cabinetry, media center, surround sound, Sub-Zero wine cooler, beverage cooling drawers, French doors with motor awning. Kitchen features stunning cherry wood cabinetry, built-in high end Thermidor 5 burner gas cooktop, Viking range hood, Sub-Zero refrigerator, Bosch dishwasher, Broan trash compactor, Bosch convection oven, and GE microwave oven. Granite countertops, recesses lighting, breakfast nook. Spacious master suite features coffered ceiling, built-in surround sound, 2 large walk in closets with mirrored doors, skylights, heated marble tile flooring, stall shower and tub. Four bedrooms features wood parquet flooring, ceiling fan and lighting, dual pane windows, built-in office cabinetry, Murphy bed. Beautiful lavish garden with hot spa!

Last Agent to Sell the Property

Angela Wang

J & A Realty License #01260794 Listed on: 07/13/2018

Last Buyer's Agent

Erdal Team

Sereno Group License #01907996

Sereno Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1986

Lot Details

  • 6,168 Sq Ft Lot
  • Zoning described as ROPD

Parking

  • 2 Car Attached Garage

Home Design

  • Colonial Architecture
  • Contemporary Architecture
  • Tile Roof

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • Vaulted Ceiling
  • Ceiling Fan
  • Skylights
  • Family Room with Fireplace
  • 2 Fireplaces
  • Living Room with Fireplace
  • Formal Dining Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Built-In Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Wine Refrigerator
  • Granite Countertops
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Bathroom on Main Level
  • Soaking Tub in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Pool

  • Above Ground Spa

Utilities

  • Forced Air Heating and Cooling System
  • Vented Exhaust Fan

Listing and Financial Details

  • Assessor Parcel Number 201-07-066

Home Details

Home Type

Single Family

Year Built

Built in 1986

Lot Details

0

Parking

2

Listing Details

  • Subclass: Single Family Home
  • Style: Colonial, Contemporary
  • Listing Class: Residential
  • Structure Sq Ft: 3012
  • Year Built: 1986
  • Zoning Description: ROPD
  • Special Features: None
  • Property Sub Type: Detached

Interior Features

  • Family Room: Separate Family Room
  • Fireplace: Family Room, Living Room
  • Dining Room: Breakfast Nook, Formal Dining Room
  • Kitchen: Cooktop - Gas, Countertop - Granite, Dishwasher, Exhaust Fan, Garbage Disposal, Hood Over Range, Microwave, Oven - Built-In, Refrigerator, Trash Compactor, Wine Refrigerator
  • Living Sq Ft: 3012
  • Stories: 2
  • Bedrooms: Primary Suite / Retreat, Walk-in Closet
  • Laundry: Dryer, Inside, Washer
  • Flooring: Carpet, Hardwood
  • Fireplaces Min: 2
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Bathroom: Half on Ground Floor, Primary - Stall Shower(s), Primary - Sunken Tub, Shower over Tub - 1
  • Fireplace: Yes

Exterior Features

  • Foundation: Crawl Space
  • Pool Description: Spa - Above Ground, Spa / Hot Tub
  • Roof: Tile

Garage/Parking

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

Utilities

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

Association/Amenities

  • Amenities Miscellaneous: Built-in Vacuum, High Ceiling, Skylight, Vaulted Ceiling, Walk-in Closet

Schools

  • High School: 258

Lot Info

  • Parcel Number: 201-07-066
  • Lot Acres: 0.1416
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 6168.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 6168.00

Multi Family

  • Utilities: Public Utilities

MLS Schools

  • High School District Text: Fremont Union High
  • Elementary School Text: Cumberland Elementary
  • High School Text: Homestead High
  • Middle School Text: Sunnyvale Middle

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2018
Closed on
Aug 3, 2018
Sold by
Cal Hongjun and Li Xiaohong
Bought by
Rademacher Pablo and Rademacher Lisa
Seller's Agent
Angela Wang
J & A Realty
Buyer's Agent
Erdal Team
Sereno Group
List Price
$2,580,000
Sold Price
$2,960,000
Premium/Discount to List
$380,000
14.73%
Current Estimated Value
$3,890,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$930,649
Avg. Annual Appreciation
3.75%

Purchase Details

Listed on
Sep 23, 2015
Closed on
Oct 27, 2015
Sold by
Hope Michael Francis and Hope Bonnie Lynch
Bought by
Cai Hongjun and Li Xiaohong
Seller's Agent
Dave Clark
Keller Williams Thrive
Buyer's Agent
Thomas Ni
AEZ Investment, Inc.
List Price
$1,988,000
Sold Price
$2,180,000
Premium/Discount to List
$192,000
9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.76%
Original Mortgage
$1,526,000
Interest Rate
3.39%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 8, 1997
Sold by
Hope Michael F and Hope Bonnie L
Bought by
Hope Michael Francis and Hope Bonnie Lynch
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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Purchase History

Date Buyer Sale Price Title Company
Rademacher Pablo $2,960,000 Chicago Title Company
Cai Hongjun $2,180,000 Cornerstone Title Company
Hope Michael Francis -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cai Hongjun $1,526,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/10/2018 08/10/18 Sold $2,960,000 +14.7% $983 / Sq Ft
07/24/2018 07/24/18 Pending -- -- --
07/13/2018 07/13/18 For Sale $2,580,000 +18.3% $857 / Sq Ft
11/10/2015 11/10/15 Sold $2,180,000 +9.7% $724 / Sq Ft View Prior Sale
09/30/2015 09/30/15 Pending -- -- --
09/23/2015 09/23/15 For Sale $1,988,000 -- $660 / 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 $37,529 $3,301,931 $2,231,036 $1,070,895
2024 $37,529 $3,237,189 $2,187,291 $1,049,898
2023 $37,185 $3,173,715 $2,144,403 $1,029,312
2022 $36,577 $3,111,486 $2,102,356 $1,009,130
2021 $36,233 $3,050,478 $2,061,134 $989,344
2020 $32,603 $3,019,200 $2,040,000 $979,200
2019 $35,045 $2,960,000 $2,000,000 $960,000
2018 $26,834 $2,268,071 $2,041,264 $226,807
2017 $26,486 $2,223,600 $2,001,240 $222,360
2016 $25,468 $2,180,000 $1,962,000 $218,000
2015 $7,208 $601,042 $133,192 $467,850
2014 $7,164 $589,269 $130,583 $458,686
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81714444

MLSListings

APN: 201-07-066