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464 Cestaric Drive

464 Cestaric Drive, Milpitas, CA 95035
Property in Santa Clara
Sold Nov 30, 2021
$1,350,000
$900,000 by Fremont Bank
Mortgage Due Dec 01, 2051
464 Cestaric 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 1971 and is 53 years old. However, we must point out that the home was most recently renovated and altered in 1972. The home has a total of 7 rooms. 4 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 464 Cestaric Drive has 1,840 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,060 ft and across the front of the lot is 570 ft. The area measurement of the land has been determined as 6,042 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a unknown.

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 437 sqft. According to our sources, there are a total of 2 available parking spaces. Residents will have the luxury of enjoying both a unknown and a unknown. 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 C by the local assessor. The exterior walls of the building are made of block. The inside of the home is being cooled with no air conditioning at the moment. In terms of heating, it is utilizing a heating system. Finally, the property is currently sourcing its water from a municipal system. It is connected to a municipal sewage system. Which is great for homeowners who don't want to worry about the responsibilities of handling a septic tank. Though, you may accrue additional fees to have your wastewater disposed. The property was last sold in Nov 9, 2021 for $1,350,000. That's $733.70 per sqft. 464 Cestaric Drive was last assessed in 2023. The total value of the property was assessed at $1,377,000. Specifically, the land the property is located on was valued at $895,050. While improvements on the property were assessed at a total of $481,950. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $16,190. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1971
  • Effective Year Built: 1972
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Block
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 437
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 6,042
  • Lot Size Depth Feet: 1,060
  • Lot Size Frontage Feet: 570
  • Total Building Area: 1,840
  • Gross Building Area: 960
  • Building Area: 1,840
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Yes
  • Heated Square Feet: 1,840
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: VICTORIA PARK
  • Land Acres: 0.139
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT 4549 VICTORIA PARK BOOK 251 PAGE 18 LOT 129

Ownership

  • Current Owner : LI RONG
  • Current Owner 2: GAO YIQUN
  • Previous Owner : PAPILLA ADOLFO I
  • Previous Owner 2: PAPILLA MARILYN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milpitas Unified School District
  • Census Tract: 504424

Zoning

  • Zoning: R1

Geography

  • Assessors Map Reference: 48-B1
  • Subdivision Tract Number: 4549
  • Parcel: 029-11-027
  • Lot: 129
  • Municipality: MILPITAS
  • Latitude: 37.4421
  • Longitude: -121.887

    Address

  • Full Address: 464 Cestaric Dr
  • Address - House Number: 464
  • Address - Street Name: Cestaric
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Milpitas
  • Carrier Code: C007
  • 4-Digit Zip Code: 4632
  • Zip Code: 95035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,190
  • Tax Rate Code Area: 12-003

    Appraisal Valuation

  • Standard Deviation: 0.1668
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 1,767,200
  • High Value: 2,118,176
  • Low Value: 1,416,223

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: FREMONT BANK
  • First Open Lien Mortgage Recording Date: Nov 30, 2021
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,377,000
  • Assessed Land Value: $895,050
  • Assessed Improvements Value: $481,950

    Sales

  • Current Sale Contract Date: Nov 09, 2021
  • Current Sale Recording Date: Nov 30, 2021
  • Current Sale Transaction ID: 11870054357
  • Current Sale Price: $1,350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 25181089

    Last Sale Mortgage

  • First Mortgage Lender: FREMONT BANK
  • First Mortgage Transaction Date: Nov 30, 2021
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2051

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Milpitas



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Frequently Asked Questions

What neighborhood is 464 Cestaric Drive located in?
The 464 Cestaric Drive is a located in the neighborhood of Santa Clara in Milpitas, Milpitas.
What is the average sales price for listings in 464 Cestaric Drive?
The average sales price for units in 464 Cestaric Drive is $0 currently.

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