Property Overview:
406 Terra Mesa Way is a condominium unit in Milpitas, CA, built in 1992. It features 3 bedrooms, 2 bathrooms, and 1,547 sq. ft. of living space. The home includes an attached 2-car garage, guest parking, and a central heating system. The estimated home value is $1,188,000 (last sold for $940,000 in 2018).
Neighborhood Highlights:
-
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%).
-
Schools:
Nearby schools include Pomeroy Elementary, Thomas Russell Middle, and Milpitas High (all top-rated).- Average SAT score: 1015 (higher than state average of 975).
-
Job Market:
- 62.2% white-collar jobs, 37.8% blue-collar jobs.
- Unemployment rate: 3.4% (lower than state average of 4.7%).
-
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%).
-
Natural Disaster Risk:
- Moderate flood risk, low tornado risk, high earthquake risk.
-
Weather:
- Average temperature: 45.2°F (January), 76.9°F (July).
- Average rainfall: 10.7 inches/year.
- Average snowfall: 0 inches/year.
-
Cost of Living:
- Median household income: $98,135.
- Average annual spending: $67,221.
Property Features:
- Bright, open floor plan with soaring ceilings and spacious rooms filled with natural light.
- Multiple entertaining spaces: formal living room, contemporary kitchen, and formal dining room.
- Family room with gas fireplace for relaxation.
- Large bedrooms and a bright bathroom with double vanity and oversized shower.
- Attached 2-car garage and convenient guest parking.
- HOA fee: $240/month.
- Community pool and amenities.
Location Benefits:
- Adjacent to Dixon Landing Park (11 acres): playgrounds, basketball & tennis courts, BBQ areas, trails, and greenbelt spaces.
- Excellent commuter location: Easy access to freeways, shopping, schools, Great Mall (11 mins), and upcoming Bart station (10 mins).
- Family-friendly community with top-rated schools and abundant recreational options.