295 Rio Verde Place 4, Milpitas, California 95035, Milpitas, - bed, bath

home-pic
ACTIVE$695,000
295 Rio Verde Place 4, Milpitas, California 95035
3Beds
1Bath
1,050Sqft
Lot
Year Built
1971
Close
-
List price
$695K
Original List price
$695K
Price/Sqft
-
HOA
$603
Days on market
-
Sold On
-
MLS number
ML82017943
Home ConditionExcellent
Features
View-

About this home

Welcome to NorthEast facing on Rarely found 3 bedroom affordable condo in convenient location Remodeled with *Brand new laminated floors, * Brand new recessed lights * Brand new Shower, wall, vanity *Brand new closet doors * Custom closet *Brand new interior paint * Remodeled kitchen (5yrold) * Dual pane windows (5ys old) *Included ceiling fans/lights * Refrigerator *Stove & Oven *Dish washer *Microwave *1-car garage, 1-car driveway parking space,1 extra storage room, plenty of parking in community* Laundry in building shared w/ 3 neighbors *Upstairs unit w/ nice view, secured & privacy *Community pool & playground/park *Good schools: score 8/9/9 *Walking distance to shops, good restaurants *Near Milpitas Square, McCarthy Ranch, Great Mall, BART station *Easy access to Hwy 237,880,680,101*Short commute to many tech companies, close to San Jose Airport *HOA covers water bill *NOT in flood zone * NOTE * * This property can be sold as Tenant occupied and tenant will be transferred to new owner with no change in rent for the lease period * It is best suitable for smaller family with 2-3 members in family. HOA covers hot and cold water and garbage. . Owner has plan to sell this property with Tenants.

Nearby schools

7/10
Anthony Spangler Elementary School
Public,K-60.4mi
9/10
Thomas Russell Middle School
Public,7-82.1mi
9/10
Milpitas High School
Public,9-121.9mi

Price History

Date
Event
Price
08/13/25
Listing
$695,000
Neighborhood Comparison

 SubjectAverage HomeNeighbourhood Ranking (16 Listings)
Beds32
59%
Baths12
47%
Square foot1,0501,050
50%
Lot Size01,800
Price$695K$710K
41%
Price per square foot$662$662
50%
Built year19711979
35%
HOA$603$598
65%
Days on market84106
24%
Condition Rating
Excellent

Despite being built in 1971, this property has undergone extensive and recent renovations. The kitchen was remodeled 5 years ago with modern white shaker cabinets, grey countertops, and stainless steel appliances. The bathroom features 'brand new' shower, wall, and vanity with contemporary finishes and fixtures. Throughout the unit, there are 'brand new' laminated floors, recessed lighting, and fresh interior paint, along with dual-pane windows installed 5 years ago. These significant updates make the property feel virtually new and meet current quality standards, aligning with the criteria for an 'Excellent' condition score.
Pros & Cons

Pros

Extensive Recent Renovations: The property features brand new laminated floors, recessed lighting, updated bathroom (shower, wall, vanity), new closet doors, custom closet, and fresh interior paint. The kitchen and dual-pane windows were also updated within the last 5 years.
Prime Milpitas Location & Commute: Highly desirable location with walking distance to shops and restaurants, proximity to major retail hubs (Milpitas Square, McCarthy Ranch, Great Mall), BART station, and excellent freeway access (Hwy 237, 880, 680, 101) for a short commute to tech companies and San Jose Airport.
Top-Rated Schools: Located within a district featuring highly-rated schools (scores 8/9/9), a significant draw for families seeking quality education.
Ample Parking & Storage: Includes a 1-car garage, 1-car driveway parking space, an extra storage room, and abundant community parking, addressing common urban living challenges.
Community Amenities & HOA Value: Access to a community pool and playground/park, coupled with an HOA that covers hot and cold water and garbage, offering convenience and value. The property is also not in a flood zone.

Cons

Tenant Occupied with Lease Transfer: The property is tenant-occupied, and the tenant will transfer to the new owner with no change in rent for the remainder of the lease period, significantly limiting the buyer pool primarily to investors.
Shared Laundry Facilities: Laundry is shared with three other neighbors in the building, which may be less convenient for some buyers compared to in-unit laundry.
Suitability for Smaller Families: The description explicitly states the property is 'best suitable for smaller family with 2-3 members,' potentially limiting appeal to larger families despite having 3 bedrooms.

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