Possible subdivided into 4-5 lots R1(frontage 281.42 ft long), buildable area one story (4435SF per old building plan in 1990) now building floor ratio almost X 3 n subject to meet all requirements for setbacks, parking, open space, building codes; current R3B zoning could build a 3-story, 4+ units(1x 4-plex or 2x2-plex), maximum of 11,330SF. SFH sold $800/sf, condos SOLD $667/SF, Sellers left lots of profit on the table. The property offers a mixed-use opportunity for potential buyers, with the option to use 1st Fl. as a versatile commercial space that can be adapted to various needs such as medical clinics, retail stores, showrooms, classrooms, restaurants, offices, OEMs/branches/sales offices. The 2nd n 3rd Floor are for residential use, offering the potential to create either a large family home or another 3 separate condos, at the buyer's preference. The flexible layout of the building presents multiple opportunities, such as Michelin Stars Restaurant, 1st and 2nd floor for restaurant and kitchen, 3rd floor for chef's residence, also with an herb or vegetable garden in one place. Subject to city design review.
Property Details
Property Features
Listing Office:
Office Name: Universal Network Group
Office Phone: (510) 371-8377
Listing Agent: Jennifer Li
Lot Features
Lot Information:
Lot: Level
Lot Size: 0.35 Acres
Other
Directions Information:
Directions: Cross Street: Abel
Price Information
Listing Price Info
Price Summary:
List Price: $1,680,000
Tax Information:
Annual Amount: $4,336
Tax Year: 2021
What can I afford?
Understand what home price range makes sense for your budget.
Housing Market Comparison
See how this home compares to others in Milpitas, CA.
This property is $294K more than the Median Sold Price in Milpitas, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #ML81927870
Listing Office:
Office Name: Universal Network Group
Office Phone: (510) 371-8377
Listing Agent: Jennifer Li
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 11/17/2024, 11:55:51 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Listing History
DATE
EVENT
PRICE
Jul 19, 1989
Jul 19, 1989Home Sold
$175,500
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$4,336
$298,281
2020
$4,336
$295,223
2019
$5,769
$289,435
2018
$5,769
$283,760
2017
$3,451
$278,197
History based on county public records data.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$8,452
Per Month
Principal & Interest
$8,385
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,103
Powered By
Advertisement
NMLS#3030
Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
6
/10
Anthony Spangler Elementary School
140 N Abbott Ave
Distance between this listing and this school0.42 miles
Public District Grades KG-6
8
/10
Curtner Elementary School
275 Redwood Ave
Distance between this listing and this school0.45 miles
Public District Grades KG-6
7
/10
Marshall Pomeroy Elementary School
1505 Escuela Pkwy
Distance between this listing and this school1.50 miles
Public District Grades KG-6
Nearby Schools
9
/10
Thomas Russell Middle School
1500 Escuela Pkwy
Distance between this listing and this school1.60 miles
Public District Grades 7-8
6
/10
Rancho Milpitas Middle School
1915 Yellowstone Ave
Distance between this listing and this school2.68 miles
Public District Grades 7-8
Nearby Schools
9
/10
Milpitas High School
1285 Escuela Pkwy
Distance between this listing and this school1.42 miles
Public District Grades 9-12
3
/10
Calaveras Hills
1331 E Calaveras Blvd
Distance between this listing and this school1.95 miles
Public District Grades 9-12
2
/10
Opportunity Youth Academy
1290 Ridder Park Dr
Distance between this listing and this school3.72 miles
The neighbors living near this home have an average income of $90,909. Typical income of Milpitas, CA residents is between $35k-100k annually. The most common type of family is married, with kids. Most residents in this area have high school diploma education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 7280 Marylinn Dr
What is the listing price of this property?
The listing price of 7280 Marylinn Dr property is $1,680,000.
What type of property is this?
The property 7280 Marylinn Dr is land located in Milpitas, California, 95035.
Is this property for sale now?
Active Listing: 7280 Marylinn Dr is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $4,336 (source: MLS/based on county public records data).
When was this property sold last time and for how much?
The last sale was on July 19, 1989 for $175,500. (source: MLS/tax record).
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system, AI voice, or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 7280 Marylinn Dr in Milpitas, CA and zip code 95035 in the Milpitas Manor neighborhood. This home sits on a 0.35 acre lot. It has been listed on Rocket Homes since May 11, 2023 and is currently priced at $1,680,000.
In October 2024 more than 25 listings in Milpitas, CA were sold above the asking price. During the same period more than 0 listings were sold at asking price, while more than 7 were sold below. The inventory of homes for sale in Milpitas, CA between September 2024 and October 2024 increased by 9.8%. The median list price of listings available in October 2024 was $1,386,000, while the average time on the real estate market was 22 days.
From Rocket Homes Real Estate and based on county public records data.