1961 Lee Way
Milpitas, CA 95035
3 bd 4 ba 1,640 sqft Built 2013 Lot 1,287 sqft townhomes
Most recent sale
$1,425,000
Mar 11, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Mar 11, 2022 | Sold | $1,425,000 | MLS #ML81876956 |
| Feb 4, 2022 | Listed | $1,199,000 | MLS #ML81876956 |
| Feb 27, 2015 | Sold | $740,500 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $610,000 | $610,000 | $1,220,000 | $15,088 |
| 2024 | $610,000 | $610,000 | $1,220,000 | $15,962 |
| 2023 | $630,000 | $630,000 | $1,260,000 | $15,664 |
| 2022 | $419,360 | $419,146 | $838,506 | $10,875 |
| 2021 | $411,138 | $410,928 | $822,066 | $10,693 |
| 2020 | $406,923 | $406,715 | $813,638 | $10,506 |
| 2019 | $398,945 | $398,741 | $797,686 | $10,373 |
| 2018 | $391,123 | $390,923 | $782,046 | $9,858 |
| 2017 | $383,454 | $383,258 | $766,712 | $9,726 |
| 2016 | $375,936 | $375,744 | $751,680 | $9,338 |
| 2015 | — | $81,515 | $81,515 | $1,736 |
| 2014 | — | $79,919 | $79,919 | $1,094 |
Property facts
Year built
2013
Property type
townhomes
Stories
3
Beds
3
Baths
4
Living area
1,640 sqft
Lot size
1,287 sqft
ZIP code
95035
City
Milpitas
Street
Lee Way
Coordinates
37.40510, -121.90013
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$5,248
Gross rental yield
4.42%
Implied cap rate
2.87%
Trend-extrapolated value
—
Frequently asked questions
When did 1961 Lee Way last sell?
1961 Lee Way most recently sold on Mar 11, 2022 for $1,425,000.
What is the current tax assessment for 1961 Lee Way?
The most recent total assessment for 1961 Lee Way (year 2025) is $1,220,000 with $15,088 in property tax.
How does 1961 Lee Way's assessment compare to its last sale price?
The current assessment is 14.4% below the last sale price of $1,425,000.
When was 1961 Lee Way built?
1961 Lee Way was built in 2013.
How does 1961 Lee Way compare to others on Lee Way?
We track 8 other properties on Lee Way. Browse the list under "Other properties on Lee Way" to compare beds, baths, and sale history.
What are the property facts for 1961 Lee Way?
1961 Lee Way is a 3 bed, 4 bath, 1,640 sqft, 1,287 sqft lot townhomes.
Is 1961 Lee Way a flip candidate?
No — 1961 Lee Way does not appear in our flips dataset.
Is 1961 Lee Way a tax-appeal candidate?
No — 1961 Lee Way is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-4.0%
Implied 1-yr
-16.1%
2026 Q2
$1.01M
2026 Q3
$957.5K
ZIP 95035 — Median Price History + Forecast
Explore nearby
Geography
Other properties on Lee Way