338 Montecito Way is a 1,547 square foot condo with 3 bedrooms and 3 bathrooms. Based on Redfin's Milpitas data, we estimate the home's value is $1,136,277.
CondoProperty Type
1992Year Built
$735Est. Price/Sq.Ft.
2 car garageParking
Source:Public Records
Redfin Estimate
$1,136,277
$17K since September
Recently sold homes
Estimate history
Homes for sale
This home's estimate is 2.5% lower than the average sale price ($1.17M) of 6 comparable homes.
As the MLS and public records start to fill up, we'll list the details here.
Year
Property tax
Land + Additions
Assessment*
2025
$4,677 (+4.3%)
$176,820 + $210,953
$387,773
2024
$4,486 (+0.3%)
$173,353 + $206,817
$380,170
2023
$4,472 (+0.3%)
$169,954 + $202,762
$372,716
2022
$4,459 (+1.4%)
$166,622 + $198,787
$365,409
2021
$4,396 (+1.7%)
$163,355 + $194,890
$358,245
2020
$4,321 (+1.1%)
$160,152 + $191,069
$351,221
2019
$4,274 (+5.2%)
$158,510 + $189,110
$347,620
2018
$4,064 (+1.3%)
$155,402 + $185,402
$340,804
2017
$4,013 (+4.3%)
$149,368 + $178,203
$327,571
2016
$3,849 (+1.0%)
$149,368 + $178,203
$327,571
2015
$3,811 (+3.0%)
$146,440 + $174,709
$321,149
2014
$3,700 (−0.4%)
$141,416 + $168,715
$310,131
2012
$3,716 (+6.2%)
$140,777 + $167,953
$308,730
2011
$3,499 (+1.2%)
$138,017 + $164,660
$302,677
2010
$3,456 (+2.2%)
$135,311 + $161,432
$296,743
2009
$3,383 (+3.5%)
$134,300 + $160,226
$294,526
2008
$3,269
$131,981 + $157,458
$289,439
Tax history for 338 Montecito Way
Year
Property tax
Land + Additions
Assessment*
2025
$4,677 (+4.3%)
$176,820 + $210,953
$387,773
2024
$4,486 (+0.3%)
$173,353 + $206,817
$380,170
2023
$4,472 (+0.3%)
$169,954 + $202,762
$372,716
2022
$4,459 (+1.4%)
$166,622 + $198,787
$365,409
2021
$4,396 (+1.7%)
$163,355 + $194,890
$358,245
2020
$4,321 (+1.1%)
$160,152 + $191,069
$351,221
2019
$4,274 (+5.2%)
$158,510 + $189,110
$347,620
2018
$4,064 (+1.3%)
$155,402 + $185,402
$340,804
2017
$4,013 (+4.3%)
$149,368 + $178,203
$327,571
2016
$3,849 (+1.0%)
$149,368 + $178,203
$327,571
2015
$3,811 (+3.0%)
$146,440 + $174,709
$321,149
2014
$3,700 (−0.4%)
$141,416 + $168,715
$310,131
2012
$3,716 (+6.2%)
$140,777 + $167,953
$308,730
2011
$3,499 (+1.2%)
$138,017 + $164,660
$302,677
2010
$3,456 (+2.2%)
$135,311 + $161,432
$296,743
2009
$3,383 (+3.5%)
$134,300 + $160,226
$294,526
2008
$3,269
$131,981 + $157,458
$289,439
*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: 7
Exterior
Exterior Information
Physical Condition: Average
Building Style Type: L-Shape
Construction Type: Wood
Building Construction Quality: Average
Roof Framing Type: Wood
Property Information
Living Sq. Ft: 1,547
Ground Floor Sq. Ft: 563
Building Sq. Ft: 1,547
# of Stories: 3
Legal Description: TRACT 8461 LOT 152
Parking & Garage Information
Garage/Parking Sq. Ft: 521
Lot Information
# of Buildings: 1
Legal Lot Number: 152
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: 3.0
Sq. Ft.: 1,547
Stories: 3.0
Lot Size: —
Style: Condo/Co-op
Year Built: 1992
Year Renovated: 1992
County: Santa Clara County
APN: 02251025
Home facts updated by county records on Aug 21, 2026
Around this home
Schools
Marshall Pomeroy Elementary School
Public K-6 • Assigned • 0.7mi
9/10
Thomas Russell Middle School
Public 7-8 • Assigned • 0.9mi
9/10
Milpitas High School
Public 9-12 • Assigned • 0.7mi
9/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
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....