41 Serra Way

41 Serra Way has been categorized by the local assessors in Milpitas, CA as a unknown type of property. The building on the property was first built in 1999 and is 25 years old. This is a single story building so stairs are not necessary to access other parts of the home. The linear feet between the front and back of the lot is 2,570 ft and across the front of the lot is 1,100 ft. The area measurement of the land has been determined as 28,270 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Moving on to the building itself. The condition of the building has been evaluated as unknown. The inside of the home is being cooled with unknown at the moment. The property was last sold in Aug 18, 2016 for $8,800,000. That's $2,160.04 per sqft. 41 Serra Way was last assessed in 2023. The total value of the property was assessed at $2,007,931. Specifically, the land the property is located on was valued at $1,104,362. While improvements on the property were assessed at a total of $903,569. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $24,096. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.