41 Serra Way, Milpitas, CA 95035 Property Records

Santa Clara County property record for 41 Serra Way, Milpitas, CA 95035

Property Summary

Property TypeBank, Financial Building
Details4,074 sqft · built 1999
Lot Size0.649 acres (28,270 sqft)
OwnerCompany Name on File
Last Sale$8,800,000 (Sep 2016)
Tax Bill$24,785 (2025)
Flood ZoneZone X (moderate risk)
APN022-24-041

Property Details

APN / Parcel Number

Primary APN022-24-041

Interior

Stories1 Story
Building Area4,074 sqft Total Area
Fire SprinklersFire Sprinklers
ElevatorElevator

Exterior

Year BuiltBuilt 1999
Effective Year BuiltEffective 1999
Lot Area28,270 sqft (0.649 acres)
Lot Dimensions257 ft deep x 110 ft wide

Utilities, Heating & Cooling

Cooling SystemHVAC

Location & Zoning

Street Address41 SERRA WAY
CityMILPITAS
StateCA
Zip95035-8531
Property CategoryCommercial
Property TypeCommercial > Office > Bank, Financial Building
Local Zoning CodeC2
Legal DescriptionLOT 03 RECORDER'S BOOK 502 PAGE 01
JurisdictionSANTA CLARA CA
Township / Civil DivisionSAN JOSE
Census Block Group2
Census Block2006
Census Tract504510

Owner

41 Serra Way, a commercial property, is owned by a company that bought it in September 2016.

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

Owner of RecordCompany Name on File
Mailing Address1261 MARTIN AVE, SANTA CLARA, CA 95050-2652
Owner TypeCompany

Owner names and exact recorded amounts are on file and can be viewed instantly on this page with a free 10-day trial.

Deeds, Mortgages & Sale History

Assessor's Deed Record

Deed NamesName on Deed
Last SaleSep 23, 2016 · Amount on File
Deed SaleSep 23, 2016 · Amount on File
Prior SaleJul 17, 1998
Deed Document Number201623440790
Record UpdatedOct 29, 2026

Tax Assessment & Valuation

The 2025 property tax bill for 41 Serra Way was $24,785, up 2.2% from the year before.

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

Property Jurisdictions

TypeName
StateCalifornia
CountySanta Clara County
MunicipalityMilpitas City
Unified School DistrictMilpitas Unified School District (KG - 12)

Tax Bill & Assessment History

YearTax BillAssessed Value
2026$2,130,829 (+2%) Land $1,171,956 Building $958,873
2025$24,785.00 (+2.15%)$2,089,049 Land $1,148,977 Building $940,072
2024$24,263.00 (+0.33%)
2023$24,183.00 (+0.36%)$2,007,931 Land $1,104,362 Building $903,569
2022$24,096.00

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

FEMA maps place 41 Serra Way in Zone X, an area of moderate flood risk, within 500 ft of a high-risk flood zone.

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

FEMA Flood ZoneZone X
moderate risk
500-Year FloodplainYes
0.2% annual chance
Nearest Special Flood Hazard AreaZone A, within 500 ft
Flood Insurance RequirementNot required
lenders may require it
Community Rating SystemClass 7 (15% premium discount)
Nearby Flood Policies289 units insured
incl. 285 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

Wildfire risk around 41 Serra Way is low, with a 0.01% annual chance of wildfire.

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

Wildfire RiskLow
lower than 80% of the US · lower than 88% of California
Wildfire Likelihood0.01% annual chance
ExposureNone
beyond 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 SystemCITY OF MILPITAS
serves 81,915 people · EPA ID CA4310005
Water SourcePurchased surface water from several systems
Last State InspectionNov 2025
Lead3 ppb (2023–2025)
action level 15 ppb

Violations Reported to EPA

Water QualityNone
last 10 years
Treatment and ProcedureNone
last 10 years
Monitoring and Reporting1
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 214 locations within half a mile, as of December 31, 2025

ProviderMax Down / Up (Mbps)
Xfinity
Cable
2,000 / 250
Sail Internet
Fixed Wireless · DSL in parts of the area
1,000 / 200
Tekify Fiber & Wireless
Fixed Wireless
425 / 80
Etheric Networks
Fixed Wireless
250 / 100
Ridge Wireless
Fixed Wireless
100 / 60
AT&T
DSL · Fiber in parts of the area
100 / 20

May also be available: GeoLinks, T-Mobile, Verizon.

Nearby Properties on Serra Way

Nearby Streets

Search Property Records by Address or Parcel Number