Property Overview:
776 Hammond Way is a townhome/condo in the Parc Place community, Milpitas, CA, built in 2005. It features 3 bedrooms, a bonus room/den, 2 bathrooms, and approximately 1,530 sq. ft. of living space. The home includes an attached 2-car garage, central A/C & heating, and indoor laundry with a brand new washer & dryer. The estimated home value is $1,111,000 (last sold for $705,000 in 2016).
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 Rancho Milpitas Middle.- 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%), second largest 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:
- End-unit townhome in a well-maintained community
- Great floor plan: 3 bedrooms + bonus room/den, 2 bathrooms
- Updated kitchen: Granite countertops, stainless steel appliances (3 years new), tile floor
- ~3 years new laminate floors and interior paint
- Master bedroom on top floor with walk-in closet and dual sinks
- Double-pane windows throughout
- Central A/C & heating
- Cozy balcony off living room
- Indoor laundry with brand new washer & dryer
- Attached 2-car garage and guest parking
- HOA fee: $318/month (includes water & garbage)
- Community amenities: Swimming pool, spa, clubhouse, playground, guest parking
Location Benefits:
- Short stroll to 3 neighborhood parks, playground, Great Mall, and movie theater
- Minutes away from McCarthy Ranch shopping center and 99 Ranch Supermarket
- Easy access to Highways 880, 680, 101, 237, VTA, and future BART station
- Served by Milpitas Unified School District
- Family-friendly and commuter-friendly location