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550 North Abel Street

550 North Abel Street, Milpitas, CA 95035
Property in Santa Clara
550 North Abel Street in Milpitas, CA was first built in 1973 and is 51 years old. This has been categorized as a commercial property type. For those interested in architecture, the building on the property was built in a custom style. It is a single story home. The linear feet across the front of the lot is 2,000 ft and the linear feet between the front and back of the lot is 3,210. In total, the area measurement of the land is 64,033 square feet.

Learn more about the property and building on this page. The building type has been coded as 4. The code stands for buildings that have wood or wood and steel frames.. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The condition of the building has been evaluated as average. Walk into the home itself and you'll find that it is currently being cooled with no air conditioning. 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, 550 North Abel Street sold most recently in Dec 8, 1995 for a total of $1,270,000. If you work out the math, that's approximately a cost of $85.52 per sqft. 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 $24,913 in taxes each year. 550 North Abel Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,027,887. If we break it down further, the land itself was valued at $1,532,897. Improvements to the property, however, were assessed at a total of $494,990. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.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.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1973
  • Effective Year Built: 1973
  • Building Count: 1
  • Bedroom Count: 0
  • Building Condition: Average
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 8
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 64,033
  • Lot Size Depth Feet: 3,210
  • Lot Size Frontage Feet: 2,000
  • Total Building Area: 14,850
  • Gross Building Area: 14,850
  • Building Area: 14,850
  • Building Area Measurement: Total Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Wood &/or steel frames
  • Property Class: Commercial
  • Land Acres: 1.47
  • Standard Land Use Code: Retail stores (personal services, photography, travel)

Ownership

  • Current Owner : MEDURI MATTHEW
  • Current Owner 2: MEDURI MARIA
  • Previous Owner : LIN HUNG CHARLES C
  • Previous Owner 2: LIN HUNG PEGGY
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palo Alto Unified School District
  • Census Tract: 504507

Zoning

  • Zoning: C2S

Geography

  • Parcel: 022-07-004
  • Municipality: MILPITAS
  • Latitude: 37.4359
  • Longitude: -121.91

    Address

  • Full Address: 550 N Abel St
  • Address - House Number: 550
  • Street Direction: N
  • Address - Street Name: Abel
  • Address - Suffix Type: St
  • State: CA
  • City Name: Milpitas
  • Carrier Code: C015
  • 4-Digit Zip Code: 4208
  • Zip Code: 95035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $24,913
  • Tax Rate Code Area: 12-003

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $600,000
  • First Open Lien Mortgage Lender: BAY VIEW FEDERAL BANK
  • First Open Lien Mortgage Recording Date: Dec 15, 1995
  • First Open Lien Mortgage Loan Amount: $600,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,027,887
  • Assessed Land Value: $1,532,897
  • Assessed Improvements Value: $494,990

    Sales

  • Current Sale Contract Date: Dec 08, 1995
  • Current Sale Recording Date: Dec 15, 1995
  • Current Sale Transaction ID: 1079561672
  • Current Sale Price: $1,270,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13132051

    Last Sale Mortgage

  • First Mortgage Lender: BAY VIEW FEDERAL BANK
  • First Mortgage Transaction Date: Dec 15, 1995
  • First Mortgage Loan Amount: $600,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial

About Milpitas



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Nearby Rentals

Unit for rent at 440 Dixon Landing Road, Milpitas, CA, 95035

$3,853 /mo

  • 3 Beds
  • 2 Baths
  • 1,303 ft²
440 Dixon Landing Road #Hawthorne, Milpitas, CA, 95035 Listing by Equity Residential

Frequently Asked Questions

What neighborhood is 550 North Abel Street located in?
The 550 North Abel Street is a located in the neighborhood of Santa Clara in Milpitas, Milpitas.
What is the average sales price for listings in 550 North Abel Street?
The average sales price for units in 550 North Abel Street is $0 currently.

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