Property Overview:
388 Montecito Way is a tri-level townhome in Milpitas, CA, built in 1992. It features 3 bedrooms, 2.5 bathrooms, and 1,547 sq. ft. of living space. The home includes a 2-car attached garage, remodeled kitchen with granite counters, vaulted ceiling master suite, and central A/C. The estimated home value is $1,191,000 (sold for $790,000 in 2017).
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 Curtner Elementary, Thomas Russell Middle, and Milpitas High.- Average SAT score: 1015 (higher than state average of 975).
- Middle and high schools rated 9/10.
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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:
- Moderate 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:
- Move-in ready with new interior paint and freshly cleaned carpets.
- Spacious rooms and open floor plan with formal family room, dining room, and living room.
- Remodeled kitchen: Alder wood cabinets, granite counters.
- Master suite: Vaulted ceiling, walk-in closet, mirrored closet doors.
- Dual-pane windows, copper plumbing, central A/C.
- Attached 2-car garage with interior access and ample storage.
- Community amenities: Swimming pool, clubhouse, children’s play area, low HOA.
Location Benefits:
- Prime location near major tech companies and shopping destinations.
- Easy access to Highways 237/680/880 and BART for commuters.
- Short walk to Dixon Landing Park and City Park.
- Vibrant community with supermarkets, restaurants, and parks nearby.
- Top-rated school district and family-friendly environment.