1961 Lee Way, Milpitas, CA 95035 Property Records

Santa Clara County property record for 1961 Lee Way, Milpitas, CA 95035

Property Summary

Property Type	Condominium
Details	3 bd · 4 ba · 1,640 sqft · built 2013
Lot Size	0.041 acres (1,829 sqft)
Owner	Individual Name on Record
Last Sale	$1,425,000 (Mar 2022)
Tax Bill	$15,088 (2025)
Deeds & Mortgages	Mar 2022 Sale & Mortgage Oct 2021 Transfer + 2 more
Flood Zone	Zone AO (high risk)
APN	`086-72-003`

Property Details

APN / Parcel Number

Primary APN	`086-72-003`

Interior

Bedrooms	3 Beds
Full Baths	4 Baths
Total Rooms	7 Rooms
Stories	3 Stories
Building Area	1,640 sqft Living Area
1st Floor Area	343 sqft
2nd Floor Area	694 sqft
Family Room	Family Room

Exterior

Year Built	Built 2013
Architectural Style	Other
Construction Type	Wood
Lot Area	1,829 sqft (0.041 acres)
Garage Area	453 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	HVAC
Heating System	HVAC

Location & Zoning

Street Address	1961 LEE WAY
City	MILPITAS
State	CA
Zip	95035-9016
Property Category	Residential
Property Type	Residential > Condominium / Townhouse > Condominium
Local Zoning Code	R3-TO
Legal Description	TR 10159 LOT 3
Legal Tract	10159
Legal Lot Number	3
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	4
Census Block	4001
Census Tract	504505

Owner

Source: Santa Clara County records, as of October 20, 2025

Owner names and exact recorded amounts shown locked on this page are available instantly with a free trial.

Owner of Record	Individual Name on Record
Co-owner	Co-owner on Record
Mailing Address	1961 LEE WAY, MILPITAS, CA 95035-9016
Occupancy	Owner Occupied
Owner Type	Individual

Deeds, Mortgages & Sale History

Date	Document
Mar 11, 2022	Grant Deed, Transfer · Conventional Mortgage WELLS FARGO BANK NA
Oct 13, 2021	Intrafamily Transfer, Transfer
Apr 5, 2021	Deed of Trust, Mortgage · Conventional Mortgage BANK OF AMERICA NA
Sep 18, 2020	Deed of Trust, Mortgage · Conventional Mortgage OWNING CORP

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Mar 11, 2022 · Amount on Record
Deed Sale	Mar 11, 2022 · Amount on Record
Prior Sale	Oct 13, 2021
Deed Document Number	25258423
Record Updated	Jun 8, 2026

March 2022: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Mar 11, 2022
Property Address	1961 LEE WAY, MILPITAS, CA 95035-9016
Document Number	0025258423
Map Reference	MB 861 PG 18-26
Instrument Date	Feb 28, 2022
Instrument	25258423
Transaction Type	Transfer
Record Updated	Mar 23, 2022
Title Company	ORANGE COAST TITLE COMPANY/NTHRN CA, ORANGE COAST TTL CO OF NOCAL

Transaction

Amount	Amount Recorded
Downpayment	Downpayment on Record
Loan-to-Value (LTV)	LTV on Record
Tax	$0.00
Amount Accuracy	Rounded by County
Additional	Arm's Length

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Community Property with Right of Survivorship
Address	1961 LEE WAY, MILPITAS, CA 95035-9016

Mortgage

Document Number	0025258424
Date	Mar 11, 2022
Instrument	25258424

Lender

Name	WELLS FARGO BANK NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Apr 1, 2052

Interest

Rate Type	Adjustable Rate
Rate	2.87%
Type Change Date	Apr 1, 2029
Change Frequency	6 Months
Min Rate At Change	2.75%
Max Rate At Change	4.87%
Index	Other
Max Rate	7.87%

October 2021: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	SANTA CLARA CA
Recording Date	Oct 13, 2021
Property Address	1961 LEE WAY, MILPITAS, CA 95035-9016
Document Number	0025130387
Map Reference	MB 861 PG 18-26
Instrument Date	Sep 23, 2021
Instrument	25130387
Transaction Type	Transfer
Record Updated	Jun 7, 2023

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name
Address	1845 REGINA WAY, 1845, CAMPBELL, CA 95008-5812

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Living Trust
Address	1961 LEE WAY, MILPITAS, CA 95035-9016

April 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	1961 LEE WAY, MILPITAS, CA 95035-9016
Transaction Type	Mortgage
Record Updated	Apr 14, 2021
Title Company	BOSTON NATIONAL TITLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	1961 LEE WAY, MILPITAS, CA 95035-9016

Mortgage

Document Number	0024906383
Date	Apr 5, 2021
Instrument	24906383

Lender

Name	BANK OF AMERICA NA
Type	Bank
Address	CHARLOTTE, NC 28255

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	3 Months
Due	May 1, 2051

Interest

Rate Type	Adjustable Rate
Rate	2.62%
Type Change Date	May 1, 2028
Change Frequency	Annually
Min Rate At Change	2.25%
Max Rate At Change	7.62%
Index	1-Year LIBOR
Max Rate	7.62%

September 2020: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	1961 LEE WAY, MILPITAS, CA 95035-9016
Document Number	0024639675
Instrument Date	Sep 18, 2020
Transaction Type	Mortgage
Record Updated	Oct 19, 2020
Title Company	OTHER

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Community Property
Address	1961 LEE WAY MILPITAS CA 950359016, MILPITAS, CA 95035-9016

Mortgage

Document Number	0024639675
Date	Oct 2, 2020
Instrument	24639675

Lender

Name	OWNING CORP
Address	ORANGE, CA 92868

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	180 Months
Due	Oct 1, 2035

Tax Assessment & Valuation

Source: Santa Clara County assessment roll, as of July 1, 2025

Property Jurisdictions

Type	Name
State	California
County	Santa Clara County
Municipality	Milpitas City
Unified School District	Milpitas Unified School District (KG - 12)

Tax Bill & Assessment History

Year	Tax Bill	Assessed Value
2025	$15,088.00 (-3.68%)	$1,220,000 (-3.17%) Land $610,000 Building $610,000
2023	$15,664.00 (+44.04%)	$1,260,000 Land $630,000 Building $630,000
2022	$10,875.00

Assessed value is set for property tax purposes and is not a market price estimate.

Flood

Source: FEMA National Flood Hazard Layer, effective January 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026

FEMA Flood Zone	Zone AO high risk · sheet flow 1–3 ft
100-Year Floodplain	Yes 1% annual chance
Floodway	No
Base Flood Elevation	Varies along the reach; see FIRM
Flood Insurance Requirement	Required federally backed loans
Flood Insurance Cost	Premium on Record median of 22 individual policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	27 units insured incl. 5 condo units

Values are read at the parcel center point; flood claims are located to the census block group, not this parcel; lenders make the official flood determination.

Wildfire

Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024

Wildfire Risk	Not rated no burnable land within ember reach

Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.

Drinking Water

Source: EPA Safe Drinking Water Information System, as of September 2026

Water System	CITY OF MILPITAS serves 81,915 people · EPA ID CA4310005
Water Source	Purchased surface water from several systems
Last State Inspection	Nov 2025
Lead	3 ppb (2023–2025) action level 15 ppb

Violations Reported to EPA

Water Quality	None last 10 years
Treatment and Procedure	None last 10 years
Monitoring and Reporting	1 last 3 years

Results are for the whole water system, not water tested at this address; lead at the tap also depends on the building's own pipes.

Internet Providers

Source: FCC Broadband Data Collection, based on 271 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Verizon Fixed Wireless	300 / 20
Starlink Satellite	280 / 30
Etheric Networks Fixed Wireless	250 / 100
Ridge Wireless Fixed Wireless	100 / 60

May also be available: AT&T, GeoLinks, Sail Internet, T-Mobile.

Cell Coverage

5G (outdoors only) and 4G LTE

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