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864 Towne Drive

864 Towne Drive, Milpitas, CA 95035
Property in Midtown
Sold Mar 20, 2013
$116,000
$232,000 by Googain Inc
Mortgage Due Apr 01, 2043
Sold Apr 25, 2001
$341,500
$272,850 by Americas Wholesale Lndr
Mortgage Due May 01, 2031
864 Towne 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 2000 and is 24 years old. The home has a total of 7 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, 864 Towne Drive has 1,369 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 1,988 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 407 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 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, 864 Towne Drive sold most recently in Mar 8, 2013 for a total of $116,000. If you work out the math, that's approximately a cost of $84.73 per sqft. Before that, the property was also sold for $341,500 in Apr 20, 2001. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $5,863 in taxes each year. 864 Towne Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $846,917. If we break it down further, the land itself was valued at $401,371. Improvements to the property, however, were assessed at a total of $445,546. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.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: 2000
  • Effective Year Built: 2000
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 2
  • Partial Bathrooms: 3
  • Building Condition: Average
  • Building Quality: B
  • Construction Type: Wood
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 407
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 1,988
  • Total Building Area: 1,369
  • Gross Building Area: 689
  • Building Area: 1,369
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Yes
  • Heated Square Feet: 1,369
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.046
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT 9147

Ownership

  • Current Owner : LAM TIMOTHY K
  • Current Owner 2: LAM JONATHAN E
  • Previous Owner : LAM TIMOTHY K
  • Owner Before Previous Owner: RGCCLPO DEVELOPMENT CO LLC
  • Ownership Rights Codes: Life Tenant
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Milpitas Unified School District
  • Census Tract: 504510

Zoning

  • Zoning: R1

Geography

  • Subdivision Tract Number: 9147
  • Parcel: 086-50-014
  • Lot: 3,4
  • Municipality: MILPITAS
  • Latitude: 37.4198
  • Longitude: -121.898

    Address

  • Full Address: 864 Towne Dr
  • Address - House Number: 864
  • Address - Street Name: Towne
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Milpitas
  • Carrier Code: C040
  • 4-Digit Zip Code: 8776
  • Zip Code: 95035

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,863
  • Tax Rate Code Area: 12-052

    Appraisal Valuation

  • Standard Deviation: 0.1554
  • Valuation Date: Mar 06, 2024
  • Confidence Score: 73
  • Final Value: 1,075,788
  • High Value: 1,289,412
  • Low Value: 862,164

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $232,000
  • First Open Lien Mortgage Lender: GOOGAIN INC
  • First Open Lien Mortgage Recording Date: Mar 20, 2013
  • First Open Lien Mortgage Loan Amount: $232,000
  • 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: Apr 01, 2043

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $846,917
  • Assessed Land Value: $401,371
  • Assessed Improvements Value: $445,546

    Sales

  • Current Sale Contract Date: Mar 08, 2013
  • Current Sale Recording Date: Mar 20, 2013
  • Current Sale Transaction ID: 1079691497
  • Current Sale Price: $116,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 22138708
  • Previous Sale Recording Date: Apr 25, 2001
  • Previous Sale Contract Date: Apr 20, 2001
  • Previous Sale Amount: $341,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: GOOGAIN INC
  • First Mortgage Transaction Date: Mar 20, 2013
  • First Mortgage Loan Amount: $232,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Apr 01, 2043

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LNDR
  • Previous Mortgage Transaction Date: Apr 25, 2001
  • Previous Mortgage Loan Amount: $272,850
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: May 01, 2031

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Frequently Asked Questions

What neighborhood is 864 Towne Drive located in?
The 864 Towne Drive is a located in the neighborhood of Midtown in Midtown, Milpitas.
What is the average sales price for listings in 864 Towne Drive?
The average sales price for units in 864 Towne Drive is $0 currently.

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