Santa Clara County property record for 400 Valley Way, Milpitas, CA 95035
| Property Type | Retail Stores (Personal Services, Photography, Travel) |
|---|---|
| Details | 36,737 sqft · built 1984 |
| Lot Size | 1.5 acres (65,775 sqft) |
| Owner | Company Name on Record |
| Last Sale | $1,630,000 (Dec 2002) |
| Tax Bill | $70,202 (2025) |
| Deeds & Mortgages | Jul 2026 Mortgage |
| Flood Zone | Zone X (moderate risk) |
| APN | 022-28-021 |
| Primary APN | 022-28-021 |
|---|
| Units | 78 Units |
|---|---|
| Stories | 2 Stories |
| Building Area | 36,737 sqft Total Area |
| Fire Sprinklers | Fire Sprinklers |
| Elevator | Elevator |
| Year Built | Built 1984 |
|---|---|
| Effective Year Built | Effective 1985 |
| Architectural Style | Spanish |
| Exterior Material | Stucco |
| Fire Resistance | Special |
| Roof Type | Gable |
| Roof Material | Tile |
| Lot Area | 65,775 sqft |
| Lot Dimensions | 280 ft deep x 235 ft wide |
| Cooling System | HVAC |
|---|
| Street Address | 400 VALLEY WAY |
|---|---|
| City | MILPITAS |
| State | CA |
| Zip | 95035-4136 |
| Property Category | Commercial |
| Property Type | Commercial > Retail > Retail Stores (Personal Services, Photography, Travel) |
| Local Zoning Code | C1 |
| Legal Description | LOT 02 RECORDER'S BOOK 514 PAGE 23 |
| Jurisdiction | SANTA CLARA CA |
| Township / Civil Division | SAN JOSE |
| Census Block Group | 4 |
| Census Block | 4008 |
| Census Tract | 504507 |
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 | Company Name on Record |
|---|---|
| Mailing Address | 400 VALLEY WAY, MILPITAS, CA 95035-4136 |
| Owner Type | Company |
| Deed Names | Name on Deed |
|---|---|
| Last Sale | Dec 31, 2002 · Amount on Record |
| Deed Sale | Dec 31, 2002 · Amount on Record |
| Prior Sale | Jun 28, 1996 · Amount on Record |
| Deed Document Number | 200216720867 |
| Prior Transfer Date | May 2, 1996 |
| Prior Transfer Doc | 0013350086 |
| Record Updated | Oct 29, 2026 |
| Document Type | Deed of Trust |
|---|---|
| Jurisdiction | SANTA CLARA CA |
| Recording Date | Jul 13, 2026 |
| Property Address | 400 VALLEY WAY, MILPITAS, CA 95035-4136 |
| Document Number | 0026016842 |
| Instrument Date | Jul 8, 2026 |
| Instrument | 202626016842 |
| Transaction Type | Mortgage |
| Record Updated | Jul 17, 2026 |
| Title Company | CHICAGO TITLE W, CHICAGO TITLE |
| Name | Verified Name |
|---|---|
| Relationship | Limited Liability Partnership, 266 |
| Address | 400 VALLEY WAY, MILPITAS, CA 95035-4136 |
| Document Number | 0026016842, |
|---|---|
| Date | Jul 13, 2026 |
| Instrument | 202626016842 |
| Name | BUSINESS BANK |
|---|
| Type | Conventional Mortgage |
|---|---|
| Amount | Amount Recorded |
| Rate Type | Adjustable Rate |
|---|---|
| Rate | 6.52% |
| Initial Type | Adjustable Rate |
| Adjustable | Adjustable Rate Rider |
| Max Rate | -1% |
Source: Santa Clara County assessment roll, as of July 27, 2026
| Type | Name |
|---|---|
| State | California |
| County | Santa Clara County |
| Municipality | Milpitas City |
| Unified School District | Milpitas Unified School District (KG - 12) |
| Year | Tax Bill | Assessed Value |
|---|---|---|
| 2026 | $6,147,610 (+2.07%) Land $2,917,675 Building $3,229,935 | |
| 2025 | $70,202.00 (+2.1%) | $6,022,928 (-8.88%) Land $2,860,466 Building $3,162,462 |
| 2024 | $68,758.00 (-12.1%) | |
| 2023 | $78,220.00 (+1.25%) | $6,610,246 Land $2,749,392 Building $3,860,854 |
| 2022 | $77,252.00 |
Assessed value is set for property tax purposes and is not a market price estimate.
Source: FEMA National Flood Hazard Layer, effective January 18, 2026 · OpenFEMA NFIP redacted claims and policies, as of September 2026
| FEMA Flood Zone | Zone X moderate risk |
|---|---|
| 500-Year Floodplain | Yes 0.2% annual chance |
| Nearest Special Flood Hazard Area | Zone AE, within 100 ft |
| Flood Insurance Requirement | Not required lenders may require it |
| Flood Insurance Cost | Premium on Record median of 98 policies |
| Community Rating System | Class 7 (15% premium discount) |
| Nearby Flood Policies | 98 in force |
| Nearby Flood Claims | 14 (1983–2022) |
| Claims Outside the SFHA | 1 of 14 |
| Most Recent Claim | Dec 2022 · Severe Winter Storms, Flooding, Landslides, And Mudslides |
| Claims by Event |
|
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.
Source: USDA Forest Service Wildfire Risk to Communities (2nd edition), as of 2024
| Wildfire Risk | Low lower than 80% of the US · lower than 88% of California |
|---|---|
| Wildfire Likelihood | 0.01% annual chance |
| Exposure | None beyond ember reach |
Values cover an area roughly 900 ft across, not the parcel itself; insurers use their own ratings.
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 |
| 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.
Source: FCC Broadband Data Collection, based on 157 locations within half a mile, as of December 31, 2025
| Provider | Max Down / Up (Mbps) |
|---|---|
| AT&T Fiber · Fixed Wireless in parts of the area | 5,000 / 5,000 |
| Xfinity Cable | 2,000 / 250 |
| Sail Internet Fixed Wireless | 1,000 / 200 |
| Tekify Fiber & Wireless Fixed Wireless | 425 / 80 |
| Etheric Networks Fixed Wireless | 250 / 100 |
| Ridge Wireless Fixed Wireless | 100 / 60 |
May also be available: GeoLinks, Verizon.
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