295 Rio Verde Place 4, Milpitas, California 95035, Milpitas, 95035 - 3 bed, 1 bath
295 Rio Verde Place 4
Milpitas, California 95035
Property Price
SUMMARY
Analysis of 295 Rio Verde Place 4, Milpitas, California 95035 is currently available with a list price of $670,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Milpitas Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including brand-new laminate flooring, fresh interior paint, and a fully updated bathroom with new tiling and vanity. Major systems including the kitchen, HVAC, and dual-pane windows were all replaced within the last 5 years, ensuring the home meets modern quality standards with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Middle School: Thomas Russell Middle School (9/10). High School: Milpitas High School (9/10).
- Prime Silicon Valley Location
The property is ideally situated near major tech hubs, the upcoming BART station, and top-rated schools with ratings of 8 and 9, offering excellent long-term value and commuter convenience.
- Extensive Modern Upgrades
The interior has been significantly refreshed with brand-new laminate flooring, recessed lighting, fresh paint, and a fully remodeled bathroom, complemented by a 5-year-old HVAC system and kitchen.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =970, other record lot size in square feet = 1792.
- Shared Laundry Facilities
The lack of in-unit laundry requires sharing facilities with three neighboring units, which may be a significant inconvenience for modern buyers despite the temporary wash-and-fold service incentive.
- Limited Bathroom Count
A three-bedroom floor plan served by only a single bathroom can create functional bottlenecks for families or roommates, potentially limiting the pool of interested buyers.
About 295 Rio Verde Place 4
**Seller will provide Wash & Fold Service for 1 year will come to door steps. ** Parks are nearby to walk the dogs. Beautifully Updated 3BR Condo Near BART, Tech & Top Schools in a highly desirable location.. Extensively remodeled, the home features Brand-new laminate flooring, recessed lighting, fresh interior paint, and a fully updated bathroom with new shower, wall tiles, and vanity. Stylish new closet doors and a custom closet add both function and elegance. The modern kitchen, remodeled approximately 5 years ago, is complemented by dual-pane windows (also approx. 5 years old) for comfort and energy efficiency. 5 yr old A/C & Furnace. Included appliances & features: Ceiling fans with lights Refrigerator Stove & oven Dishwasher Microwave Parking & storage: 1-car garage 1-car driveway parking Private extra storage room Ample guest parking within the community Community amenities: Swimming pool Playground and park Shared laundry (only with 3 neighboring units) HOA covers water Outstanding location: Top-rated schools (8/9/9) Walking distance to shops and popular restaurants Close to Milpitas Square, McCarthy Ranch, and Great Mall Near the upcoming BART station Easy access to Hwy 237, 880, 680, and 101 Short commute to major tech companies
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1974
- Lot Size
- 970 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $603.0 / Month
Neighborhood Insights
Milpitas Unified Schools
Anthony Spangler Elementary School
Grades K-6 • 0.4 mi
Thomas Russell Middle School
Grades 7-8 • 2.1 mi
Milpitas High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 60% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 1,030 | 1,040 | 50% |
| Lot Size | 970 | 1,096.515 | 50% |
| Price | $670.0K | $690.0K | 50% |
| Price per sq ft | $650 | $662 | 50% |
| Built year | 1974 | 1974 | 50% |
| HOA | $603.0 | $540 | 80% |
| Days on market | 37 | 180 | 10% |
Pricing History
Listed for Sale
Jan 29, 2026
$670,000
Initial Listing
Sold
Aug 16, 2019
$605,000
Public Record
Sold
Feb 25, 2013
$272,000
Public Record
Sold
Dec 8, 2009
$204,000
Public Record
Sold
Nov 5, 1998
$153,000
Public Record