521 Alder Dr, Milpitas, CA 95035 Property Records

Santa Clara County property record for 521 Alder Dr, Milpitas, CA 95035

Property Summary

Property Type	Retail Stores (Personal Services, Photography, Travel)
Details	built 2022
Lot Size	1.97 acres (85,813 sqft)
Owner	Company Name on Record
Last Sale	$46,150,000 (Jul 2026)
Tax Bill	$1,780,813 (2025)
Deeds & Mortgages	Jul 2026 Sale May 2021 Mortgage + 1 more
Flood Zone	Zone X (moderate risk)
APN	`083-19-035`

Property Details

APN / Parcel Number

Primary APN	`083-19-035`
Alternative APN	`08602086`

Interior

Units	194 Units
Elevator	Elevator

Exterior

Year Built	Built 2022
Effective Year Built	Effective 2022
Lot Area	85,813 sqft (1.97 acres)

Location & Zoning

Street Address	521 ALDER DR
City	MILPITAS
State	CA
Zip	95035-7471
Property Category	Commercial
Property Type	Commercial > Retail > Retail Stores (Personal Services, Photography, Travel)
Local Zoning Code	MP
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	1
Census Block	1006
Census Tract	505006

Owner

Source: Santa Clara County records, as of July 21, 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	1775 HANCOCK ST, 200, SAN DIEGO, CA 92110-2036
Owner Type	Company
Vesting	Limited Liability Partnership

Deeds, Mortgages & Sale History

Date	Document
Jul 15, 2026	Grant Deed, Transfer STEWART TITLE, STEWART TITLE GUARANTY COMPANY
May 12, 2021	Deed of Trust, Mortgage · Commercial Mortgage PFSS 2020 HOLDING COMPANY LLC
Jun 27, 2018	Quit Claim Deed, Construction Loan · Construction Mortgage BANK OF OZARK

Assessor's Deed Record

Deed Names	Name on Deed
Last Sale	Jul 15, 2026 · Amount on Record
Deed Sale	Jul 15, 2026 · Amount on Record
Deed Document Number	202626018205
Prior Transfer Date	Jul 13, 2026
Prior Transfer Doc	0026018205
Record Updated	Sep 20, 2026

July 2026: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Jul 15, 2026
Property Address	521 ALDER DR, MILPITAS, CA 95035-7471
Document Number	0026018205
Instrument Date	Jul 13, 2026
Instrument	202626018205
Transaction Type	Transfer
Record Updated	Aug 31, 2026
Title Company	STEWART TITLE, STEWART TITLE GUARANTY COMPANY

Transaction

Amount	Amount Recorded
Tax	$5,127,265.00
Amount Accuracy	Full Amount Stated
Additional	Arm's Length Multiple Parcels

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Limited Liability Partnership

May 2021: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	521 ALDER DR, MILPITAS, CA 95035-7472
Transaction Type	Mortgage
Record Updated	Aug 31, 2021
Title Company	CHICAGO TITLE COMPANY, CHICAGO TITLE CO

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	5314 N 250 W 330, 330, PROVO, UT 84604-5692

Mortgage

Document Number	0024958582
Date	May 12, 2021
Instrument	24958582

Lender

Name	PFSS 2020 HOLDING COMPANY LLC
Type	Non-Lending Institution
Address	CHICAGO, IL 60601

Agreement

Type	Commercial Mortgage
Amount	Amount Recorded

June 2018: Quit Claim Deed, Construction Loan

Document Type	Quit Claim Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Jun 27, 2018
Property Address	521 ALDER DR, MILPITAS, CA 95035-7472
Document Number	0023964650
Instrument Date	May 16, 2018
Instrument	23964650
Transaction Type	Construction Loan
Record Updated	Sep 18, 2018
Title Company	CHICAGO TITLE COMPANY

Transaction

Tax	$0.00
Additional	Quitclaim

Transferred From (Grantor/Seller)

Name	Verified Name

Transferred To (Grantee/Buyer)

Name	Verified Name
Relationship	Company
Address	5314 N 250 W #310 PROVO UT 846045692, 310, PROVO, UT 84604-5692

Mortgage

Document Number	23964651
Date	Jun 27, 2018
Instrument	23964651

Lender

Name	BANK OF OZARK
Type	Bank
Address	8300 DOUGLAS AVE # 900, DALLAS, TX 75225-5826

Agreement

Type	Construction Mortgage
Amount	Amount Recorded
Term	36 Months
Due	Jun 26, 2021

Interest

Rate Type	Adjustable Rate

Tax Assessment & Valuation

Source: Santa Clara County assessment roll, as of August 11, 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	$1,780,813.00 (-12.72%)	$45,429,671 (-30.11%) Land $4,806,899 Building $40,622,772
2024	$2,040,327.00 (+1.08%)
2023	$2,018,592.00 (+28.45%)	$65,002,599 Land $4,620,243 Building $60,382,356
2022	$1,571,459.00

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 X moderate risk
500-Year Floodplain	Yes 0.2% annual chance
Nearest Special Flood Hazard Area	Zone AH, within 500 ft
Flood Insurance Requirement	Not required lenders may require it
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	8 in force

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	Low lower than 99.1% of the US · lower than 99.2% of California
Wildfire Likelihood	Under 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.

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 245 locations within half a mile, as of December 31, 2025

Provider	Max Down / Up (Mbps)
Xfinity Cable	2,000 / 250
Sail Internet Fixed Wireless	500 / 100
Verizon Fixed Wireless	300 / 20
Etheric Networks Fixed Wireless	250 / 100
Tekify Fiber & Wireless Fixed Wireless	144 / 32
Ridge Wireless Fixed Wireless	100 / 60
T-Mobile Fixed Wireless	100 / 20
AT&T Fixed Wireless · DSL	100 / 20

May also be available: GeoLinks.

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