Property Overview:
2197 Petersburg Dr is a single-family home in Milpitas, CA 95035, built in 1970. It features 4 bedrooms, 3 bathrooms, and 2,029 sq. ft. of living space. The home includes a parking garage (converted to two rooms, not included in sq. ft., can be reverted), fireplace, central A/C and heating, ceiling fans in all bedrooms, tile floor in master bath, and new hardwood floors. The property is currently in pre-foreclosure with an estimated market value between $1,389,000 and $1,618,000.
Neighborhood Highlights:
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Crime Rate:
- Personal crime risk: 8% (lower than state average of 11.8%).
- Property crime risk: 7.9% (lower than state average of 10.8%).
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Schools:
Nearby schools include Rancho Milpitas Middle, Alexander Rose Elementary, Calaveras Hills, Robert Randall Elementary, and Milpitas High School.- Average SAT score: 1015 (higher than state average of 975).
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Job Market:
- 62.2% white-collar jobs, 37.8% blue-collar jobs.
- Unemployment rate: 3.4% (lower than state average of 4.7%).
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Demographics:
- Community population: 58,229 (25% growth since 2000).
- 80% families with children.
- Largest age group: 25-34 years (16.33%), followed by 35-44 years (16.32%).
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Natural Disaster Risk:
- Low flood risk, low tornado risk, high earthquake risk.
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Weather:
- Average temperature: 45.2°F (January), 76.9°F (July).
- Average rainfall: 10.7 inches/year.
- Average snowfall: 0 inches/year.
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Cost of Living:
- Median household income: $98,135.
- Average annual spending: $67,221.
Property Features:
- Well-maintained and move-in ready with crown moulding throughout.
- Kitchen: Nicely finished with modern upgrades.
- Garage: Converted to two rooms (not included in sq. ft.), can be converted back.
- Exterior: Stucco finish, freshly landscaped yards, and curb appeal.
- Energy-Efficient: New dual-pane windows for natural light and comfort.
- Modern Interior: Smooth ceilings, recessed lighting, and new flooring throughout.
- Outdoor Living: Spacious yards with mountain views, perfect for relaxing or entertaining.
- Location: Close to top-rated schools, shopping centers, restaurants, cafes, parks, and easy access to freeways 680, 880, and 237.
Location Benefits:
- Desirable neighborhood near the Milpitas foothills with a family-friendly community.
- Safe area with low crime rates and excellent schools.
- Convenient commute with proximity to major highways and public amenities.
- Strong job market and high median income make it ideal for families and professionals.