NOT LISTED FOR SALE

980 Calaveras Ridge Dr Milpitas, CA 95035

Estimated Value: $1,850,229

11.59 Acres
$159,654 Price per Acre
504,817 Sq Ft Lot

Last Sold January 25, 2016

Last sale price $1,010,000

Est. 83% increase in value since last sale

Current estimated payment $10,822/month

16 Days on Market

Highlights

  • Panoramic View
  • 11.59 Acre Lot
  • Back and Front Yard Fenced
  • Marshall Pomeroy Elementary School Rated A

About This Lot

As of January 2016

Bring your dream home to reality on this expansive parcel of unspoiled land~Approx. 12 ac.~Nestled in the hillsides with panoramic views of the bay, mountains, and city lights~Excellent location~Easy access to freeway & golf club.

Last Agent to Sell the Property

Thu Nguyen

Realty World Dominion License #01377848 Listed on: 09/15/2015

Last Buyer's Agent

Mary Tian

Maxreal License #01936779

Maxreal

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,643

Lot Details

  • 11.59 Acre Lot
  • Back and Front Yard Fenced
  • Wood Fence
  • Barbed Wire
  • Lot Sloped Up

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Additional Features

  • Electricity Available at Street
  • Horses Potentially Allowed on Property
  • Sewer Within 50 Feet

Property Details

Property Type

Land

Est. Annual Taxes

$13,643

Lot Details

0

Listing Details

  • Zoning: R1
  • Subclass: Residential Lot
  • Listing Class: Residential Lots & Land
  • Present Use: Vacant
  • Development Status: Build To Suit, Raw Land
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • View: City Lights, Hills, Mountains, Panoramic
  • Horse Property: Possible
  • Fencing: Barbed Wire, Fenced Back, Fenced Front, Wood

Utilities

  • Sewer/Septic System: Sewer In Street

Schools

  • School District: Milpitas Unified

Lot Info

  • Lot Description: Grade - Sloped Up, Views
  • Lot Acres: 11.5890
  • Lot Size Area Minimum Units: Square Feet
  • Minimum Lot Size: 504799.00
  • Lot Size Area Maximum Units: Square Feet
  • Maximum Lot Size: 504799.00
  • Parcel Access: City Street

Multi Family

  • Utilities: Electricity - Available At Street

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2015
Closed on
Jan 11, 2016
Bought by
Nascent Investment Llc
Seller's Agent
Thu Nguyen
Realty World Dominion
Buyer's Agent
Mary Tian
Maxreal
List Price
$1,200,000
Sold Price
$1,010,000
Premium/Discount to List
-$190,000
-15.83%
Current Estimated Value
$1,850,229

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$840,229
Avg. Annual Appreciation
6.40%

Purchase Details

Closed on
Jan 7, 2010
Sold by
Pagoda Giac Minh

Purchase Details

Closed on
Jan 26, 2001
Sold by
Vanvannguyen An Van and Le Kim Thu Thi

Purchase Details

Closed on
Nov 1, 1999
Sold by
Tang Lap T Trustee and Wilson Kathy Trustee
Bought by
Pagoda Giac Minh

Purchase Details

Closed on
Jun 11, 1999
Sold by
Tang Lap T Trustee and Wilson Kathy Trustee
Bought by
Tang Lap and Wilson Kathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
6.9%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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ICE

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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
Nascent Investment Llc $1,010,000 Old Republic Title Company
-- -- None Available
-- -- --
Pagoda Giac Minh $650,000 Alliance Title Company
Tang Lap -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tang Lap $345,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2016 01/25/16 Sold $1,010,000 -15.8% --
10/02/2015 10/02/15 Pending -- -- --
09/15/2015 09/15/15 For Sale $1,200,000 -- --
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 $13,643 $1,195,633 $1,195,633 --
2024 $13,643 $1,172,190 $1,172,190 --
2023 $13,602 $1,149,206 $1,149,206 $0
2022 $13,544 $1,126,673 $1,126,673 $0
2021 $13,349 $1,104,582 $1,104,582 $0
2020 $13,118 $1,093,256 $1,093,256 $0
2019 $13,047 $1,071,820 $1,071,820 $0
2018 $12,399 $1,050,804 $1,050,804 $0
2017 $12,211 $1,030,200 $1,030,200 $0
2016 $11,525 $954,106 $954,106 $0
2015 $10,919 $939,775 $939,775 $0
2014 $10,634 $921,367 $921,367 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MLSListings

MLS Number: ML81514674

MLSListings

APN: 029-03-023