Property Overview:
295 Rio Verde Pl, Apt 4 is a condominium unit in Milpitas, CA, built in 1974. It features 3 bedrooms, 1 bathroom, and 1,030 sq. ft. of living space. The home includes a 1-car garage, driveway parking, extra storage, and a heating system. The estimated home value is $636,400 (last sold for $605,000 in 2019).
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 Anthony Spangler Elementary, Calaveras Hills, and Thomas Russell Middle.- School ratings: 8/9/9
- 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 groups: 25-34 years (16.33%), 35-44 years (16.32%)
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Natural Disaster Risk:
- High earthquake risk
- High flood risk (contradictory listing notes say “NOT in flood zone”)
- Low tornado 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:
- Fully remodeled with permits
- Brand new kitchen: Maple cabinets, quartz countertops, full backsplash, stainless steel appliances
- New laminate floors in living room, hallway, bedrooms; tile floors in dining, kitchen, and bathroom
- Updated bathroom: New shower door, light, fan, mirror, vanity, toilet
- Brand new interior paint and ceiling lights
- New dual pane windows and 4 ceiling fans/lights
- New garage door
- 1-car garage, 1-car driveway parking, extra storage room
- Laundry: Shared with 3 neighbors in building
- Upstairs unit: Nice view, added security and privacy
- Community amenities: Pool, playground/park, plenty of parking
- HOA covers water bill
- No junk smell
- Not in flood zone (per listing)
Location Benefits:
- Walking distance to shops and restaurants
- Near Milpitas Square, McCarthy Ranch, Great Mall, and future BART station
- Easy access to Hwy 237, 880, 680, 101
- Short commute to many tech companies and San Jose Airport
- Part of Milpitas Unified School District
- Family-friendly community with strong school ratings and amenities