Best and most desired corner unit in a charming & quiet community. Open & bright floor plan with lots of natural light. High ceiling living room w/ fireplace and access to patio. Separate cozy dining area with good views. Updated title floor in living room and kitchen. Gourmet kitchen w/ granite countertop and newer appliances. Dual-pane windows with custom coverings throughout. Upgraded carpet and beautiful multicolor paints. Large master bedroom with high ceiling and two closets. Three parking spaces (two garages and one assigned parking#22). Central A/C. Indoor laundry. Great schools:Marshall Pomeroy Elementary (API 900), Thomas Russell Middle (AP 871), Milpitas High (API 830) * * * Reference only, buyer to verify and confirm Schools & API * * * Community pool & spa. Quick to Hwy 680, 880, 237, near shopping centers and restaurants.
CondoProperty Type
1992Year Built
2,090 sq ftLot Size
$697Est. Price/Sq.Ft.
2 car garageParking
Listed by Kai Huang•DRE #01501162• Maxreal
Contact: 408-828-8890
Bought with Maureen Gilmartin•DRE #01131467• Universal Realty
bridgeMLS, Bay East AOR, or Contra Costa AOR #40082388
May 12, 2017
Listing Removed
—
MLSListings #ML81547645
Feb 17, 2016
Sold
$605,000
$580/sq ft
Feb 3, 2016
Pending
—
Jan 29, 2016
Price Changed
$599,000
$574/sq ft
Jan 20, 2016
Listed
$509,000
$488/sq ft
MLSListings #ML80844306
Mar 19, 2010
Sold
$320,338
$307/sq ft
Mar 3, 2010
Pending
—
Mar 30, 2009
Pending
—
Mar 6, 2009
Relisted
—
Nov 20, 2008
Contingent
—
Nov 13, 2008
Price Changed
$319,997
$307/sq ft
Nov 7, 2008
Listed
$359,950
$345/sq ft
+4
WONDERFUL LOW DENSITY COMPLEX IN MUCH DESIRED MILPITAS! Attractive unit in terrific location, you will love it! Short sale & motivated seller. Upstairs spacious split level unit with vaulted ceilings & character. FP, 2BA, 2 car garage & uncovrd parking stall, nice patio overlooks pool. Conveniently located close to schools, shopping, and commute. Low HOA dues. Best deal for $$$Price!
Public Records
Jan 6, 2006
Sold
$525,000
$503/sq ft
MLSListings #ML80566290
Jan 6, 2006
Listing Removed
—
Nov 19, 2005
Sold
$525,000
$503/sq ft
Nov 10, 2005
Listed
$524,950
$503/sq ft
bridgeMLS, Bay East AOR, or Contra Costa AOR #40083907
Jul 25, 2005
Sold
$490,000
$469/sq ft
Jun 3, 2005
Listing Removed
—
Jun 1, 2005
Listed
$500,000
$479/sq ft
MLSListings #ML80530435
Jul 20, 2005
Listing Removed
—
Jun 8, 2005
Sold
$490,000
$469/sq ft
May 1, 2005
Listed
$500,000
$479/sq ft
Public Records
Nov 17, 1993
Sold
$179,500
$172/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$8,504 (+3.1%)
$365,256 + $365,256
$730,512
2024
$8,250 (+0.3%)
$358,095 + $358,095
$716,190
2023
$8,225 (+0.4%)
$351,074 + $351,074
$702,148
2022
$8,195 (+1.4%)
$344,191 + $344,191
$688,382
2021
$8,078 (+1.8%)
$337,443 + $337,443
$674,886
2020
$7,938 (+1.1%)
$330,827 + $330,827
$661,654
2019
$7,848 (+5.3%)
$327,435 + $327,435
$654,870
2018
$7,454 (+1.3%)
$321,015 + $321,015
$642,030
2017
$7,360 (+80.0%)
$308,550 + $308,550
$617,100
2016
$4,089 (+1.0%)
$308,550 + $308,550
$617,100
2015
$4,047 (+3.0%)
$174,572 + $174,722
$349,294
2014
$3,929 (+30.5%)
$168,582 + $168,727
$337,309
2012
$3,010 (−14.6%)
$156,900 + $157,100
$314,000
2011
$3,524 (−3.8%)
$124,400 + $124,600
$249,000
2010
$3,666 (−9.9%)
$153,000 + $153,000
$306,000
2009
$4,067 (−14.7%)
$160,100 + $160,238
$320,338
2008
$4,765
$216,600 + $216,600
$433,200
Tax history for 338 Arbor Way
Year
Property tax
Land + Additions
Assessment*
2025
$8,504 (+3.1%)
$365,256 + $365,256
$730,512
2024
$8,250 (+0.3%)
$358,095 + $358,095
$716,190
2023
$8,225 (+0.4%)
$351,074 + $351,074
$702,148
2022
$8,195 (+1.4%)
$344,191 + $344,191
$688,382
2021
$8,078 (+1.8%)
$337,443 + $337,443
$674,886
2020
$7,938 (+1.1%)
$330,827 + $330,827
$661,654
2019
$7,848 (+5.3%)
$327,435 + $327,435
$654,870
2018
$7,454 (+1.3%)
$321,015 + $321,015
$642,030
2017
$7,360 (+80.0%)
$308,550 + $308,550
$617,100
2016
$4,089 (+1.0%)
$308,550 + $308,550
$617,100
2015
$4,047 (+3.0%)
$174,572 + $174,722
$349,294
2014
$3,929 (+30.5%)
$168,582 + $168,727
$337,309
2012
$3,010 (−14.6%)
$156,900 + $157,100
$314,000
2011
$3,524 (−3.8%)
$124,400 + $124,600
$249,000
2010
$3,666 (−9.9%)
$153,000 + $153,000
$306,000
2009
$4,067 (−14.7%)
$160,100 + $160,238
$320,338
2008
$4,765
$216,600 + $216,600
$433,200
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
3
Baths
2
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1992
Sq. Ft.
1,044
Year built
1992
Style
Condo/Co-op
County
Santa Clara County
APN
02629038
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 21, 2026.
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.
Dining Room Description: Dining Area in Living Room
Kitchen Description: 220 Volt Outlet, Countertop (Granite), Dishwasher, Garbage Disposal, Microwave, Oven Range (Electric), Refrigerator(s)
Interior Features
Laundry: Washer/Dryer
Flooring: Carpet, Tile
Fireplace Information
Has Fireplace
Fireplace Description: Wood-Burning
Fireplaces (Minimum): 1
Heating & Cooling Information
Cooling: Central Forced Air
Heating: Central Forced Air (Gas)
Exterior
Exterior Features
Roof: Tile
Building Information
Subclass: Condominium
Concrete Slab
Property Features
Amenities: High Ceiling
Living Sq. Ft.: 1,044
Security Features: Fire Alarm
Property Information
Ownership Type: Condominium Ownership
Property Primary ID: 115225
Restrictions: Other (See Remarks)
Lot Information
Lot Acres: 0.048
Lot Size Area Minimum Units: Sq. Ft.
Lot Size Area Maximum Units: Sq. Ft.
Lot Size Source: Other (See Remarks)
Zoning: R1
Financial
Tax/Assessment Information
City Transfer Tax: No
Utilities
Utility Information
Sewer Septic: Sewer (Public)
Utilities: Public Utilities
Water Information
Water: Public
Location
Multi-Unit Information
# of Stories: 1
# of Units in Complex (Minimum): 48
HOA Information
Has HOA
Fees Include: Garbage, Insurance, Insurance (Common Area), Pools, Spa, or Tennis, Water
HOA Amenities: Community Pool, Sauna/ Spa/ Hot Tub
HOA Fee: $310
HOA Name: Fountain Square
HOA Primary Phone: 408-540-5050
School Information
Elementary School District: Milpitas Unified
High School District: Milpitas Unified
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: 02629038
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
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' 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....
Milpitas market remains competitive but more selective. Buyers have more choices and negotiating opportunities, while sellers can still attract strong demand with the right price and presentation. Homes are moving quickly when priced correctly,...
making strategy important for both buyers and sellers.