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288 Silverlake Drive

288 Silverlake Drive, Milpitas, CA 95035
Property in Santa Clara
Sold Dec 16, 2002
$649,000
$450,000 by Accubanc Mtg Corp
Mortgage Due Jan 01, 2033
Sold Dec 30, 1994
$332,500
$282,300 by Weyerhaeuser Mtg
Mortgage Due Jan 01, 2025
288 Silverlake Drive has been categorized by the local assessors in Milpitas, CA as a residential type of property. The building on the property was first built in 1993 and is 31 years old. The home has a total of 8 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 3 partial bathrooms in the home. The building has a total of 2 stories. In addition, 288 Silverlake Drive has 2,301 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 4,700 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a custom style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 482 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a porch and a patio. Moving on to the building itself. The condition of the building has been evaluated as average. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing a heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 288 Silverlake Drive sold most recently in Dec 10, 2002 for a total of $649,000. If you work out the math, that's approximately a cost of $282.05 per sqft. Before that, the property was also sold for $332,500 in Dec 28, 1994. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,641 in taxes each year. 288 Silverlake Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $903,453. If we break it down further, the land itself was valued at $313,210. Improvements to the property, however, were assessed at a total of $590,243. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1993
  • Effective Year Built: 1993
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 482
  • Parking Space Count: 2
  • Patio Type: Patio
  • Porch Type: Porch

    Dimensions

  • Lot Size Square Feet: 4,700
  • Total Building Area: 2,301
  • Gross Building Area: 1,050
  • Building Area: 2,301
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 2,301
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BERESFORD MEADOWS
  • Land Acres: 0.108
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 8320 LOT 11

Ownership

  • Current Owner : HOANG PETER HIEU DUY
  • Current Owner 2: BUI VANCHAU
  • Previous Owner : WU CHENG H
  • Owner Before Previous Owner: SHAPELL INDUSTRIES INC
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milpitas Unified School District
  • Census Tract: 504413

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 47-F2
  • Subdivision Tract Number: 8320
  • Parcel: 028-27-011
  • Lot: 11
  • Municipality: MILPITAS
  • Latitude: 37.436
  • Longitude: -121.902

    Address

  • Full Address: 288 Silverlake Dr
  • Address - House Number: 288
  • Address - Street Name: Silverlake
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Milpitas
  • Carrier Code: C052
  • 4-Digit Zip Code: 4414
  • Zip Code: 95035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,641
  • Tax Rate Code Area: 12-029

    Appraisal Valuation

  • Standard Deviation: 0.2013
  • Valuation Date: Jul 26, 2023
  • Confidence Score: 72
  • Final Value: 1,751,010
  • High Value: 2,103,572
  • Low Value: 1,398,448

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $450,000
  • First Open Lien Mortgage Lender: ACCUBANC MTG CORP
  • First Open Lien Mortgage Recording Date: Dec 16, 2002
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $450,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2033

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $903,453
  • Assessed Land Value: $313,210
  • Assessed Improvements Value: $590,243

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 10, 2002
  • Current Sale Recording Date: Dec 16, 2002
  • Current Sale Transaction ID: 1079633800
  • Current Sale Price: $649,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16686418
  • Previous Sale Recording Date: Dec 30, 1994
  • Previous Sale Contract Date: Dec 28, 1994
  • Previous Sale Amount: $332,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ACCUBANC MTG CORP
  • First Mortgage Transaction Date: Dec 16, 2002
  • First Mortgage Loan Amount: $450,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jan 01, 2033

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: WEYERHAEUSER MTG
  • Previous Mortgage Transaction Date: Dec 30, 1994
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $282,300
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jan 01, 2025

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Frequently Asked Questions

What neighborhood is 288 Silverlake Drive located in?
The 288 Silverlake Drive is a located in the neighborhood of Santa Clara in Milpitas, Milpitas.
What is the average sales price for listings in 288 Silverlake Drive?
The average sales price for units in 288 Silverlake Drive is $0 currently.

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