587 Redwood Ave, Milpitas, CA 95035 Property Records

Santa Clara County property record for 587 Redwood Ave, Milpitas, CA 95035

Property Summary

Property Type	Single Family Home
Details	4 bd · 2 ba · 1,415 sqft · built 1960
Lot Size	0.141 acres (6,120 sqft)
Owner	2 Individual Names on File
Last Sale	$1,475,000 (Jul 2023)
Tax Bill	$17,527 (2025)
Deeds & Mortgages	Dec 2025 Mortgage Jul 2023 Sale & Mortgage + 1 more
Flood Zone	Zone AE (high risk)
APN	`022-15-059`

Property Details

APN / Parcel Number

Primary APN	`022-15-059`

Interior

Bedrooms	4 Beds
Full Baths	2 Baths
Total Rooms	8 Rooms
Stories	1 Story
Building Area	1,415 sqft Living Area
1st Floor Area	1,415 sqft
Fireplaces	1 Fireplace
Fireplace	Fireplace

Exterior

Year Built	Built 1960
Effective Year Built	Effective 1962
Architectural Style	Custom Design
Exterior Material	Block
Construction Type	Wood
Lot Area	6,120 sqft (0.141 acres)
Lot Dimensions	102 ft deep x 60 ft wide
Garage Area	426 sqft
Parking Spaces	2 Parking Spaces

Utilities, Heating & Cooling

Heating System	HVAC
Sewer	Municipal
Water Source	Commercial

Location & Zoning

Street Address	587 REDWOOD AVE
City	MILPITAS
State	CA
Zip	95035-3815
Property Category	Residential
Property Type	Residential > Single Family > Home
Local Zoning Code	R1
Legal Description	MILPITAS MANOR LOT 553
Legal Subdivision	MILPITAS MANOR
Legal Tract	2680
Jurisdiction	SANTA CLARA CA
Township / Civil Division	SAN JOSE
Census Block Group	1
Census Block	1001
Census Tract	504506

Owner

587 Redwood Ave is owned and occupied by two individuals who bought it in July 2023.

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

Owner of Record	2 Individual Names on File
Mailing Address	587 REDWOOD AVE, MILPITAS, CA 95035-3815
Occupancy	Owner Occupied
Owner Type	Individual
Vesting	Community Property

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

Date	Document
Dec 23, 2025	Deed of Trust, Mortgage · Conventional Mortgage BANK OF AMERICA NA
Jul 18, 2023	Grant Deed, Transfer · Conventional Mortgage BANK OF AMERICA NA
Apr 12, 2023	Grant Deed, Construction Loan · Construction Mortgage KIAVI FUNDING INC

Assessor's Deed Record

Deed Names	2 Names on Deed
Last Sale	Jul 18, 2023 · Amount on File
Deed Sale	Jul 18, 2023 · Amount on File
Prior Sale	Apr 12, 2023 · Amount on File
Deed Document Number	202325502010
Prior Transfer Date	Mar 3, 2015
Prior Transfer Doc	0022873337
Record Updated	Oct 29, 2026

December 2025: Deed of Trust, Mortgage

Document Type	Deed of Trust
Jurisdiction	SANTA CLARA CA
Property Address	587 REDWOOD AVE, MILPITAS, CA 95035-3815
Transaction Type	Mortgage
Record Updated	Dec 31, 2025
Title Company	UNKNOWN, MULTIPLE

Transferred To (Grantee/Buyer)

Name	Verified Name
Address	587 REDWOOD AVE, MILPITAS, CA 95035-3815

Mortgage

Document Number	0025922574
Date	Dec 23, 2025
Instrument	25922574

Lender

Name	BANK OF AMERICA NA
Type	Bank
Address	101 SOUTH TRYON STREET, CHARLOTTE, NC 28280

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Jan 1, 2056

Interest

Rate Type	Adjustable Rate
Rate	5.25%
Adjustable	Adjustable Rate Rider
Type Change Date	Jan 1, 2033
Change Frequency	6 Months
Min Rate At Change	2.62%
Max Rate At Change	10.2%
Index	Other
Max Rate	10.2%

July 2023: Grant Deed, Transfer

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Jul 18, 2023
Property Address	587 REDWOOD AVE, MILPITAS, CA 95035-3815
Document Number	0025502010
Map Reference	MB 123 PG 42&43
Instrument Date	Jul 6, 2023
Instrument	25502010
Transaction Type	Transfer
Record Updated	Jul 27, 2023
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE CO

Transaction

Amount	Amount on Record
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	587 REDWOOD AVE, MILPITAS, CA 95035-3815

Mortgage

Document Number	0025502011
Date	Jul 18, 2023
Instrument	25502011

Lender

Name	BANK OF AMERICA NA
Type	Bank

Agreement

Type	Conventional Mortgage
Amount	Amount on Record
Term	361 Months
Due	Aug 1, 2053

Interest

Rate Type	Adjustable Rate
Rate	5.87%
Type Change Date	Aug 1, 2030
Change Frequency	6 Months
Min Rate At Change	2.75%
Max Rate At Change	10.8%
Max Rate	10.8%

April 2023: Grant Deed, Construction Loan

Document Type	Grant Deed
Jurisdiction	SANTA CLARA CA
Recording Date	Apr 12, 2023
Property Address	587 REDWOOD AVE, MILPITAS, CA 95035-3815
Document Number	0025461557
Map Reference	MB 123 PG 42&43
Instrument Date	Mar 23, 2023
Instrument	25461557
Transaction Type	Construction Loan
Record Updated	Apr 24, 2023
Title Company	FIDELITY NATIONAL TITLE, FIDELITY NATIONAL TITLE CO

Transaction

Amount	Amount on Record
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
Address	2150 PORTOLA AVE # D118, D118, LIVERMORE, CA 94551-1784
Investor	Possibly a Property Investor

Mortgage

Document Number	0025461558
Date	Apr 12, 2023
Instrument	25461558

Lender

Name	KIAVI FUNDING INC
Type	Mortgage Company

Agreement

Type	Construction Mortgage
Amount	Amount on Record

Tax Assessment & Valuation

The 2025 property tax bill for 587 Redwood Ave was $17,527.

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		$1,290,000 (-14.26%) Land $962,000 Building $328,000
2025	$17,527.00	$1,504,500 Land $1,122,000 Building $382,500
2023	$7,002.00 (+0.37%)	$579,484 Land $289,742 Building $289,742
2022	$6,976.00

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 587 Redwood Ave in Zone AE, a high-risk flood area; flood insurance is required for federally backed loans.

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

FEMA Flood Zone	Zone AE high risk
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 File median of 71 individual policies
Community Rating System	Class 7 (15% premium discount)
Nearby Flood Policies	263 units insured incl. 192 condo units
Nearby Flood Claims	3 (1998–2001)
Most Recent Claim	Dec 2001 · rainfall accumulation

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 587 Redwood Ave is low, with a 0.01% annual chance of wildfire.

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	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 181 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	800 / 160
Tekify Fiber & Wireless Fixed Wireless	500 / 110
Etheric Networks Fixed Wireless	250 / 100
T-Mobile Fixed Wireless	100 / 20

May also be available: GeoLinks, Verizon.

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