278 Falcato Dr, Milpitas, CA 95035 Property Records

Santa Clara County property record for 278 Falcato Dr, Milpitas, CA 95035

Property Summary

Property Type	Single Family Home
Details	4 bd · 3 ba · 1,910 sqft · built 1977
Lot Size	0.142 acres (6,200 sqft)
Owner	2 Individual Names on Record
Last Sale	$1,570,000 (Aug 2023)
Tax Bill	$14,497 (2025)
Deeds & Mortgages	Aug 2023 Sale & Mortgage Oct 2020 Transfer + 1 more
Flood Zone	Zone D (undetermined)
APN	`088-17-061`

Property Details

APN / Parcel Number

Primary APN	`088-17-061`

Interior

Bedrooms	4 Beds
Full Baths	2.5 Baths
Half Baths	1 Half Bath
Total Rooms	8 Rooms
Stories	2 Stories
Building Area	1,910 sqft Living Area
1st Floor Area	926 sqft
2nd Floor Area	984 sqft
Family Room	Family Room
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1977
Effective Year Built	Effective 1977
Architectural Style	L-Shape
Exterior Material	Stucco
Construction Type	Wood
Roof Material	Wood Shingle
Lot Area	6,200 sqft (0.142 acres)
Lot Dimensions	100 ft deep x 62 ft wide
Garage Area	494 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Cooling System	Central
Heating System	HVAC
Heating Fuel	Gas
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	278 FALCATO DR
City	MILPITAS
State	CA
Zip	95035-6138
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R16
Legal Description	LOT 42
Legal Subdivision	TRACT NO 5795
Legal Tract	5795
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	1
Census Block	1005
Census Tract	504423

Owner

Source: Santa Clara County records, as of July 27, 2026

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

Owner of Record	2 Individual Names on Record
Mailing Address	278 FALCATO DR, MILPITAS, CA 95035-6138
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Community Property

Deeds, Mortgages & Sale History

Date	Document
Aug 15, 2023	Grant Deed, Transfer · Conventional Mortgage GENERAL MORTGAGE CAPITAL CORP
Oct 15, 2020	Quit Claim Deed, Transfer UNISOURCE TITLE INS
Oct 15, 2020	Intrafamily Transfer, Transfer · Conventional Mortgage NETWORK CAPITAL FUNDING CORP

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Aug 15, 2023 · Amount on Record
Deed Sale	Aug 15, 2023 · Amount on Record
Deed Document Number	202325518224
Prior Transfer Date	Sep 17, 2020
Prior Transfer Doc	0024656257
Record Updated	Oct 29, 2026

August 2023: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Aug 15, 2023
Property Address	278 FALCATO DR, MILPITAS, CA 95035-6138
Document Number	0025518224
Map Reference	MB 373 PG 42&43
Instrument Date	Aug 8, 2023
Instrument	25518224
Transaction Type	Transfer
Record Updated	Aug 24, 2023
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE CO

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	278 FALCATO DR, MILPITAS, CA 95035-6138
Investor	Possibly a Property Investor

Mortgage

Document Number	0025518225
Date	Aug 15, 2023
Instrument	25518225

Lender

Name	GENERAL MORTGAGE CAPITAL CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	361 Months
Due	Sep 1, 2053

Interest

Rate Type	Adjustable Rate
Rate	6.87%
Type Change Date	Sep 1, 2033
Change Frequency	Annually
Min Rate At Change	4.87%
Max Rate At Change	8.87%
Index	1-Year T-Bill
Max Rate	12.8%

October 2020: Quit Claim Deed, Transfer

Document Type	Quit Claim Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Oct 15, 2020
Property Address	278 FALCATO DR, MILPITAS, CA 95035-6138
Document Number	0024656259
Instrument Date	Sep 17, 2020
Instrument	24656259
Transaction Type	Transfer
Record Updated	Oct 29, 2020
Title Company	UNISOURCE TITLE INS

Transaction

Tax	$0.00
Additional	Quitclaim Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Revocable Trust
Address	278 FALCATO DR MILPITAS CA 950356138, MILPITAS, CA 95035-6138

October 2020: Intrafamily Transfer, Transfer

Document Type	Intrafamily Transfer
Jurisdiction	SANTA CLARA CA
Recording Date	Oct 15, 2020
Property Address	278 FALCATO DR, MILPITAS, CA 95035-6138
Document Number	0024656257
Map Reference	MB 373 PG 42&43
Instrument Date	Sep 17, 2020
Instrument	24656257
Transaction Type	Transfer
Record Updated	Sep 1, 2021
Title Company	UNISOURCE

Transaction

Tax	$0.00
Amount Accuracy	Transfer Tax Exempt
Additional	Intrafamily Transfer

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Joint Tenants with Right of Survivorship
Address	278 FALCATO DR, MILPITAS, CA 95035-6138

Mortgage

Document Number	0024656258
Date	Oct 15, 2020
Instrument	24656258

Lender

Name	NETWORK CAPITAL FUNDING CORP
Type	Mortgage Company

Agreement

Type	Conventional Mortgage
Amount	Amount Recorded
Term	360 Months
Due	Oct 1, 2050

Tax Assessment & Valuation

Source: Santa Clara County assessment roll, as of July 27, 2026

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
2026		$1,270,289 (+2%) Land $771,192 Building $499,097
2025	$14,497.00 (+123.41%) Homeowner's exemption	$1,245,382 (+132.65%) Land $756,071 Building $489,311
2023	$6,489.00 (+0.37%)	$535,312 Land $180,354 Building $354,958
2022	$6,465.00

Assessed value and assessed market value are set for property tax purposes, not market price estimates; both are a fraction of this property's market value.

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 D undetermined · not studied
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	3 in force
Nearby Flood Claims	1 (1983)
Claims Outside the SFHA	1 of 1
Most Recent Claim	Jan 1983 · Coastal Storms, Floods, Slides & Tornadoes

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	Moderate above 50% of the US · lower than 70% of California
Wildfire Likelihood	0.1% annual chance
Exposure	Indirect 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 875 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Sail Internet Fixed Wireless	800 / 160
Verizon Fixed Wireless	300 / 20
Etheric Networks Fixed Wireless	250 / 100
AT&T DSL · Fiber in parts of the area	100 / 20

May also be available: T-Mobile.

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