182 Rose Drive, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 2 bath
ACTIVE$1,698,000
182 Rose Drive, Milpitas, California 95035
3Beds
2Baths
1,198Sqft
6,048Lot
Price Vs. Estimate
The estimated value ($1,553,026.73) is $144,973.27 (8%) lower than the list price ($1,698,000). This property may be overpriced.
Key pros and cons
Top Pros:
Prime Location: The property boasts an exceptional location in Milpitas, highlighted as the 'Best Location and neighborhood,' which is a significant draw for potential buyers.
Top Cons:
Overpriced Relative to Market Estimate: The listing price of $1,698,000 is approximately 10% higher than the estimated property value of $1,524,134.18, which could deter buyers or lead to prolonged market time.
Compared to the nearby listings
Price:$1.70M vs avg $1.67M (+$28,000)54%
Size:1,198 sqft vs avg 1,718.5 sqft16%
Price/sqft:$1.4K vs avg $98196%
More Insights
Built in 1964 (61 years old).
Condition: Despite being built in 1964, this property has undergone an extensive and very recent renovation, making it virtually new in all visible aspects. The kitchen features modern white shaker cabinets, new stainless steel appliances (including a French door refrigerator and range hood), light countertops, and subway tile backsplash. Both bathrooms are fully updated with modern vanities, black fixtures, round mirrors, new lighting, and stylish marble-look tile surrounds with glass shower doors. The entire home boasts new light wood-look laminate flooring, fresh neutral paint, and recessed lighting throughout. The exterior also appears freshly painted with new landscaping and fencing. This comprehensive renovation aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, presenting as move-in ready with no deferred maintenance.
Year Built
1964
Close
-
List price
$1.7M
Original List price
$1.7M
Price/Sqft
$1,417
HOA
-
Days on market
-
Sold On
-
MLS number
ML82025261
Home ConditionExcellent
Features
View-
About this home
Location ! Location! Location! Best Location and neighborhood in Milpitas. Move-In ready and turn-key, Stunning Ranch Home. Good size front and backyard, has a lot of room for ADU. Walking Distance to Pomeroy, Russel and High school. North facing entrance! Walk distance to the Grocery stores, GYM, schools, parks, Easy access to Bart ,light rail and freeways .
Condition Rating
Excellent
Despite being built in 1964, this property has undergone an extensive and very recent renovation, making it virtually new in all visible aspects. The kitchen features modern white shaker cabinets, new stainless steel appliances (including a French door refrigerator and range hood), light countertops, and subway tile backsplash. Both bathrooms are fully updated with modern vanities, black fixtures, round mirrors, new lighting, and stylish marble-look tile surrounds with glass shower doors. The entire home boasts new light wood-look laminate flooring, fresh neutral paint, and recessed lighting throughout. The exterior also appears freshly painted with new landscaping and fencing. This comprehensive renovation aligns perfectly with the 'Excellent' criteria for a property extensively renovated within the last 5 years, presenting as move-in ready with no deferred maintenance.
Pros & Cons
Pros
Prime Location: The property boasts an exceptional location in Milpitas, highlighted as the 'Best Location and neighborhood,' which is a significant draw for potential buyers.
Excellent Accessibility & Walkability: Highly convenient access to essential amenities, including schools (Pomeroy, Russel, High school), grocery stores, GYM, parks, and major transportation hubs like Bart, light rail, and freeways.
ADU Potential: The good-sized front and backyard offer ample space for adding an Accessory Dwelling Unit (ADU), providing future income potential or expanded living options.
Move-in Ready Condition: Described as 'Move-In ready and turn-key,' indicating that the property is in good immediate condition, reducing initial renovation costs and effort for the buyer.
Desirable Orientation: The north-facing entrance is often considered favorable in various cultural contexts and for natural light/energy efficiency.
Cons
Overpriced Relative to Market Estimate: The listing price of $1,698,000 is approximately 10% higher than the estimated property value of $1,524,134.18, which could deter buyers or lead to prolonged market time.
Age of Property: Built in 1964, the property's age suggests that major systems (plumbing, electrical, HVAC, roof) may be original or nearing the end of their lifespan, potentially requiring significant future investment despite being 'move-in ready'.
Modest Interior Square Footage: With 1198 sqft, the interior living space is relatively modest for the Milpitas market, especially at this price point, which might limit the pool of potential buyers seeking larger homes.