247 Arbor Way is a 1,044 square foot condo with 3 bedrooms and 2 bathrooms. - it last sold on October 17, 2012 for $280,000. Based on Redfin's Milpitas data, we estimate the home's value is $624,567.
CondoProperty Type
1992Year Built
$598Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records
Redfin Estimate
$624,567
$345K since sold in October 2012$1,000 since October
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 20.4% lower than the average sale price ($784K) of 6 comparable homes.
bridgeMLS, Bay East AOR, or Contra Costa AOR #40129664
Feb 16, 2006
Listing Removed
—
Public Records
Nov 14, 1997
Sold
$170,000
$163/sq ft
Public Records
Nov 9, 1993
Sold
$173,000
$166/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$4,195 (+4.6%)
$175,841 + $175,841
$351,682
2024
$4,010 (+0.3%)
$172,394 + $172,394
$344,788
2023
$3,996 (+0.3%)
$169,014 + $169,014
$338,028
2022
$3,983 (+1.5%)
$165,700 + $165,700
$331,400
2021
$3,926 (+1.8%)
$162,451 + $162,451
$324,902
2020
$3,858 (+1.1%)
$159,266 + $159,266
$318,532
2019
$3,815 (+5.2%)
$157,633 + $157,633
$315,266
2018
$3,627 (+1.3%)
$154,543 + $154,543
$309,086
2017
$3,581 (+4.3%)
$148,543 + $148,543
$297,086
2016
$3,432 (+1.0%)
$148,543 + $148,543
$297,086
2015
$3,397 (+3.1%)
$145,631 + $145,631
$291,262
2014
$3,294 (+9.4%)
$140,635 + $140,635
$281,270
2012
$3,010 (−14.6%)
$140,000 + $140,000
$280,000
2011
$3,524 (−12.0%)
$124,500 + $124,500
$249,000
2010
$4,006 (−1.9%)
$153,000 + $153,000
$306,000
2009
$4,083 (−14.6%)
$175,500 + $175,500
$351,000
2008
$4,783
$217,400 + $217,400
$434,800
Tax history for 247 Arbor Way
Year
Property tax
Land + Additions
Assessment*
2025
$4,195 (+4.6%)
$175,841 + $175,841
$351,682
2024
$4,010 (+0.3%)
$172,394 + $172,394
$344,788
2023
$3,996 (+0.3%)
$169,014 + $169,014
$338,028
2022
$3,983 (+1.5%)
$165,700 + $165,700
$331,400
2021
$3,926 (+1.8%)
$162,451 + $162,451
$324,902
2020
$3,858 (+1.1%)
$159,266 + $159,266
$318,532
2019
$3,815 (+5.2%)
$157,633 + $157,633
$315,266
2018
$3,627 (+1.3%)
$154,543 + $154,543
$309,086
2017
$3,581 (+4.3%)
$148,543 + $148,543
$297,086
2016
$3,432 (+1.0%)
$148,543 + $148,543
$297,086
2015
$3,397 (+3.1%)
$145,631 + $145,631
$291,262
2014
$3,294 (+9.4%)
$140,635 + $140,635
$281,270
2012
$3,010 (−14.6%)
$140,000 + $140,000
$280,000
2011
$3,524 (−12.0%)
$124,500 + $124,500
$249,000
2010
$4,006 (−1.9%)
$153,000 + $153,000
$306,000
2009
$4,083 (−14.6%)
$175,500 + $175,500
$351,000
2008
$4,783
$217,400 + $217,400
$434,800
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Zoning
R3
Multi-Family High Density Residential Zone
The purpose and intent of this zone is to stabilize and protect the residential characteristics of the District and to promote, insofar as compatible with the intensity of land use, a suitable environment for family life.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Multiple units
Housing-Other
Planned unit development (pud)
Property details
Interior
Room Information
# of Rooms: 5
Exterior
Exterior Information
Physical Condition: Good
Building Style Type: L-Shape
Construction Type: Wood
Building Construction Quality: Average
Roof Framing Type: Wood
Property Information
Living Sq. Ft: 1,044
Ground Floor Sq. Ft: 1,044
Building Sq. Ft: 1,044
# of Stories: 1
Legal Description: TRACT 8455
Parking & Garage Information
Garage/Parking Sq. Ft: 240
Lot Information
# of Buildings: 1
Legal Lot Number: 2
Legal Block Number: 2
Municipality Name: MILPITAS CITY
Zoning Code: R1
County Use Description: CONDO/TOWNHOUSE
Financial
Assessor Information
Assessment Year: 2026
Tax Area: MILPITAS CITY
Public facts
Beds: 3
Baths: 2.0
Sq. Ft.: 1,044
Stories: 1.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1992
Year Renovated: 1992
County: Santa Clara County
APN: 02629047
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
K - 12
Preschool & daycare
Marshall Pomeroy Elementary School
Public K-6 • Assigned • 0.4mi
9/10
Thomas Russell Middle School
Public 7-8 • Assigned • 0.5mi
9/10
Milpitas High School
Public 9-12 • Assigned • 0.4mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Milpitas' housing market is somewhat competitive, with homes averaging 1 offer and selling in 20 days. The median sale price is $1.3M, down 9.37% year over year, while price per sq ft rose 0.9%. Buyers may find negotiating opportunities, while...
sellers should focus on strategic pricing & presentation
Milpitas’s housing market is cooling, with median sale prices down 9.4% year over year to $1.29 million. Buyers may find more negotiating opportunities as inventory rises, while sellers should price competitively and prepare their homes well for...
Milpitas' fall market offers balanced opportunities. Median prices sit near $1.3M with homes averaging 18 days on market. While move-in-ready properties still spark quick bidding wars, you'll find breathing room to negotiate on homes needing updates....