tomo logo

$11,990,000

Beds
3
Baths
2.0
sq ft
1,750

1995 Old Calaveras Rd, Milpitas, CA 95035

1995 Old Calaveras Rd

Milpitas, CA 95035

  • 182 days on market
Presenting 1995 Old Calaveras Rd, a unique property in Milpitas, CA with high development potential under SB330. Priced at $11,990,000, this property offers a residence, office space, and a 9600 sq ft storage building. Surrounded by multi-million-dollar estates and near subdivisions, it has various permitted uses including residential and wineries, with potential for schools and religious institutions with permits. This property is a multi-faceted gem with the Santa Clara County Zoning Ordinance providing further zoning details. Don't miss the chance to explore the possibilities this property presents for development and investment! Step into the future with 1995 Old Calaveras Rd!

Details

Property type

Single Family Residence

Est. home value

$2,123,281

Lot size

19.72 acres

Price per sq ft

$6,852

Year built

2004

HOA

No

Price History

10/02/2024
BridgeMLS

BridgeMLS #ML81967988

Price change
$11,990,000
+71.29%
06/23/2024
BridgeMLS

BridgeMLS #ML81967988

Listed
$6,999,888
+0.14%
06/01/2024
MLSL

MLSL #ML81953565

Removed
$6,990,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

High school district: 

Milpitas

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Mufg Union Bank Na

Loan start date

June 2018

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

3.74%

Loan type

Credit Line (Revolving), 30 year

Seller

Michael A Giordano and The Michael A Giordano Revocable Living

Lender

Mufg Union Bank Na

Loan start date

March 2018

Original loan amount

$8,250,000

Est. remaining balance

Not provided

Interest rate

2.25%

Loan type

Adjustable Rate Mortgage, 30 year

Seller

Michael A Giordano and The Michael A Giordaro Revocalbe Living

Lender

Union Bank

Loan start date

January 1997

Original loan amount

$91,300

Est. remaining balance

Not provided

Interest rate

7.44%

Loan type

Not Provided

Seller

Michael A Giordano

Lender

Union Bank

Loan start date

June 1995

Original loan amount

$420,000

Est. remaining balance

Not provided

Interest rate

5.5%

Loan type

Not Provided, 30 year

Seller

Michael A Giordano

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 12/22/2024 at 9:45 PM

Listing updated: 12/14/2024 at 2:20 AM

Listed by: Margaret Vierra, Exit Realty Keystone Phone #: (408) 202-3243

MLS: BridgeMLS #ML81967988

BridgeMLS logo

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