Property Overview:
394 Spence Ave is a single-family home in Milpitas, CA, built in 1956. It features 3 bedrooms, 2.5 bathrooms, and 1,556 sq. ft. of living space. The home includes a parking garage, carport, fireplace, heating and cooling systems, and sits on an expansive corner lot. The estimated home value is $1,065,000.
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 Anthony Spangler Elementary, Thomas Russell Middle, and Milpitas High.- 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:
- High 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:
- Meticulously maintained with solid hardwood floors and remodeled bathrooms.
- Custom kitchen cabinets with quartz countertops.
- Carport provides shade; finished garage offers recreational or flexible space.
- Expansive corner lot allows for a flourishing garden and shaded backyard patio—ideal for gatherings.
- Prime location for professionals, with easy commute to Silicon Valley tech companies via 680, 880, and 237.
- Close to shopping malls, grocery stores, and restaurants.
- Seller will consider concessions with all submitted offers.
Location Benefits:
- Highly sought-after Milpitas schools within walking distance.
- Family-friendly community with parks nearby (Starlight Park).
- Convenient access to major highways for commuting.
- Everyday conveniences just steps away.
- Ideal for professionals and families seeking a vibrant, growing neighborhood.