Charming Condo in Prime Milpitas Location! Welcome to this updated and inviting 2-bedroom, 1-bathroom condo located in the heart of Milpitas. Perfectly suited for a small family, young professionals, or savvy investors, this home offers comfort, convenience, and incredible value in Silicon Valley. KEY FEATURES: Spacious and functional 2-bedroom / 1-bath layout, open-concept living and dining area, well-maintained kitchen & bath, HOA includes water! COMMUNITY AMENITIES: Refreshing community pool & hot tub, fully-equipped fitness room, tennis court & children's playground. UNBEATABLE LOCATION: Minutes to major highways (680, 880, and 237), Close to Top-Tech hubs and corporate campuses, Convenient access to shopping, dining, and much desired Milpitas Schools! Whether you're looking to own your first home or invest in a high-demand rental area, this condo checks all the boxes. Don't miss this opportunity to own this great property at an unbeatable price. Schedule your tour today!
CondoProperty Type
1977Year Built
842 sq ftLot Size
$572Est. Price/Sq.Ft.
1 car garageParking
Listed by Jose Reyes•DRE #01380480• Elite Realty Services
Contact: 408-515-1872
Bought with Shannon Farrell•DRE #01913155• BRG Realty
Bought with Eugenia Wang•DRE #02234681• BRG Realty
Charming ground-floor unit, previously rented, ideal as an investment property or starter home. Features hardwood floors and built-in laundry. Ample parking available. Conveniently located next to Highway 680.
1 year ago• May not reflect the current state of the home
Charming Condo in Prime Milpitas Location! Welcome to this updated and inviting 2-bedroom, 1-bathroom condo located in the heart of Milpitas. Perfectly suited for a small family, young professionals, or savvy investors, this home offers comfort, convenience, and incredible value in Silicon Valley. KEY FEATURES: Spacious and functional 2-bedroom / 1-bath layout, open-concept living and dining area, well-maintained kitchen & bath, HOA includes water! COMMUNITY AMENITIES: Refreshing community pool & hot tub, fully-equipped fitness room, tennis court & children's playground. UNBEATABLE LOCATION: Minutes to major highways (680, 880, and 237), Close to Top-Tech hubs and corporate campuses, Convenient access to shopping, dining, and much desired Milpitas Schools! Whether you're looking to own your first home or invest in a high-demand rental area, this condo checks all the boxes. Don't miss this opportunity to own this great property at an unbeatable price. Schedule your tour today!
Year
Property tax
Land + Additions
Assessment*
2025
$6,115 (+3.9%)
$237,150 + $237,150
$474,300
2024
$5,883 (+7.8%)
$253,209 + $253,209
$506,418
2023
$5,455 (−6.9%)
$247,500 + $247,500
$495,000
2022
$5,863 (+1.4%)
$225,000 + $225,000
$450,000
2021
$5,779 (+1.8%)
$238,606 + $238,606
$477,212
2020
$5,680 (+1.1%)
$233,928 + $233,928
$467,856
2019
$5,617 (+5.2%)
$231,530 + $231,530
$463,060
2018
$5,338 (+10.8%)
$226,991 + $226,991
$453,982
2017
$4,816 (+11.4%)
$198,500 + $198,500
$397,000
2016
$4,322 (+6.8%)
$198,500 + $198,500
$397,000
2015
$4,046 (+7.6%)
$181,500 + $181,500
$363,000
2014
$3,760 (+66.0%)
$157,800 + $157,700
$315,500
2012
$2,265 (+4.6%)
$123,400 + $123,400
$246,800
2011
$2,164 (−11.8%)
$92,500 + $92,500
$185,000
2010
$2,453 (−5.0%)
$92,000 + $92,000
$184,000
2009
$2,582 (−39.2%)
$105,500 + $105,500
$211,000
2008
$4,244
$192,780 + $192,780
$385,560
Tax history for 496 Dempsey Rd #196
Year
Property tax
Land + Additions
Assessment*
2025
$6,115 (+3.9%)
$237,150 + $237,150
$474,300
2024
$5,883 (+7.8%)
$253,209 + $253,209
$506,418
2023
$5,455 (−6.9%)
$247,500 + $247,500
$495,000
2022
$5,863 (+1.4%)
$225,000 + $225,000
$450,000
2021
$5,779 (+1.8%)
$238,606 + $238,606
$477,212
2020
$5,680 (+1.1%)
$233,928 + $233,928
$467,856
2019
$5,617 (+5.2%)
$231,530 + $231,530
$463,060
2018
$5,338 (+10.8%)
$226,991 + $226,991
$453,982
2017
$4,816 (+11.4%)
$198,500 + $198,500
$397,000
2016
$4,322 (+6.8%)
$198,500 + $198,500
$397,000
2015
$4,046 (+7.6%)
$181,500 + $181,500
$363,000
2014
$3,760 (+66.0%)
$157,800 + $157,700
$315,500
2012
$2,265 (+4.6%)
$123,400 + $123,400
$246,800
2011
$2,164 (−11.8%)
$92,500 + $92,500
$185,000
2010
$2,453 (−5.0%)
$92,000 + $92,000
$184,000
2009
$2,582 (−39.2%)
$105,500 + $105,500
$211,000
2008
$4,244
$192,780 + $192,780
$385,560
*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
2
Baths
1
Stories
1
Lot width
—
Lot depth
—
Lot size
—
Year renovated
1977
Sq. Ft.
842
Year built
1977
Style
Condo/Co-op
County
Santa Clara County
APN
08842237
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.
Permitted uses
Include but are not limited to:
Agriculture
Housing-Multiple units
Housing-Other
Planned unit development (pud)
Property details
Parking
Parking Information
Carport (Minimum): 1
Garage (Minimum): 1
Garage (Maximum): 1
Parking Description: Assigned Spaces, Carport, Common Parking Area, Parking Area, Other
Garage Spaces: 1
Interior
Bedroom Information
# of Bedrooms (Minimum): 2
# of Bedrooms (Maximum): 2
Bedrooms: Ground Floor Bedroom, More than One Bedroom on Ground Floor
Bathroom Information
# of Baths (Full): 1
Bathroom Description: Shower Over Tub
Room Information
Family Room Description: Kitchen/Family Room Combo
Dining Room Description: Breakfast Bar, Dining Area
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