Score
0Campbell, CA
147 N Milton Ave
2.0M
4 beds
2 baths
1,456 sqft
4 bd • 2 ba • 1,456 sf
Educational Use Only — NOT an appraisal or professional advice. — NOT professional advice. See terms
AI Property Analysis
0:000:00 / 0:00
List Price
$1,998,000
Price/Sq.Ft
$1,372
Year Built
1948
AI Property Analysis
A comprehensive evaluation of this property's features, market position, and investment potential.
The Good
• Excellent Location: Situated just a half-mile from Downtown Campbell, the property offers convenient access to shops, restaurants, the Farmers' Market, and community amenities. Walkability scores for this location are typically high, increasing its desirability.
• Large Lot Size: The 9,000+ sq. ft. lot provides ample space for outdoor activities, gardening, and potential expansion. The lot size is larger than many in the area, adding to its value.
• ADU Potential: The expansive lot offers the potential to build an Accessory Dwelling Unit (ADU), which can provide rental income or accommodate multi-generational living. Campbell's zoning regulations generally support ADUs on lots of this size.
• Updated Kitchen: The kitchen features stainless steel appliances, granite countertops, and ample cabinet space, making it move-in-ready and appealing to modern buyers. Kitchen upgrades are a major selling point.
• Proximity to Transportation: Easy access to Highways 17, 85, and 280, as well as nearby light rail, makes commuting convenient for residents. This is a significant advantage in the Silicon Valley area.
The Bad
• High Price per Square Foot: At $1372.25 per square foot, the property is significantly more expensive than the average for Campbell. Recent sales data shows comparable homes selling for $1100-$1250 per square foot. This premium needs justification through superior features or location advantages. A thorough market analysis is essential.
• Moderate Flood Risk: Despite being in FEMA Zone X_UNSHADED, a flood risk score of 6/10 indicates a non-negligible risk. This could translate to higher insurance premiums and potential future repair costs. The buyer should investigate the property's flood history and consider mitigation measures.
• Charter School Rating: The nearby Campbell School of Innovation has a rating of 4/10. While Westmont High School has a better rating of 8/10, the elementary/middle school rating may deter families with young children. Homes in areas with higher-rated schools often command a premium.
• Lack of Formal Dining and Family Room: The absence of a formal dining room and family room could limit the property's appeal to buyers who prioritize these spaces. Many families prefer a dedicated dining area and a separate living space for relaxation and entertainment.
• Older Home Considerations: Built in 1948, the home likely has older systems (plumbing, electrical, HVAC) that may require updating or replacement soon. This can lead to unexpected expenses and potential disruptions. A thorough inspection is crucial to assess the condition of these systems.
The Ugly
• Major Flood Risk (6/10): Even though the FEMA zone is X_UNSHADED, a flood risk of 6/10 is concerning. The estimated insurance cost of $7192.8/year could increase significantly if flood insurance is required. This should be investigated thoroughly and could deter some buyers.
• Severe Air Quality Risk (7/10): With 13 bad air days per year, this property is subject to poor air quality. This can be a health concern and may require investment in air purifiers. It also negatively impacts outdoor enjoyment of the property.
• High Estimated Insurance Costs: The estimated annual insurance cost of $7192.8 is exceptionally high, suggesting underlying risks or issues with the property. This significantly increases the total cost of ownership and may be a red flag for potential buyers. Further investigation into the reasons for this high cost is warranted.
• Significant Price Increase Since Last Sale: The listing price represents a 139% increase since it was last sold in 2006. While real estate values have generally increased, this substantial jump raises questions about whether the current price is justified by improvements or market conditions. An independent appraisal is recommended.
• Older Home with Potential Hidden Issues: Built in 1948, the home is likely to have hidden problems that may not be immediately apparent. These could include outdated plumbing, electrical wiring, or foundation issues. A thorough inspection is essential to avoid costly surprises.
Who is this property for?
These details are presented solely for educational purposes and are not meant to steer or limit any prospective buyer.
Best For
• Buyers Seeking Downtown Campbell Proximity: This property's location, just a half-mile from Downtown Campbell, is ideal for those who value access to shops, restaurants, and community events. The walkability score will be high for this location.
• Buyers Interested in ADU Potential: With a lot size exceeding 9,000 sq. ft., the property offers ample space for an Accessory Dwelling Unit (ADU). This is attractive for those seeking rental income or multi-generational living options. Campbell's zoning laws generally support ADUs with lots of this size, but confirmation with the city is essential.
• Buyers Valuing Outdoor Space and Fruit Trees: The large front and back yards, combined with mature fruit trees (apricot, apple, plums, nectarine, and avocado), appeal to individuals who enjoy gardening, outdoor entertaining, or simply appreciate natural surroundings. The presence of mature trees adds to the property's aesthetic appeal and value.
• Buyers Comfortable with a 1940s Home with Modern Updates: The home blends original charm with updated features like stainless steel appliances and granite countertops. Individuals who appreciate the character of older homes while still desiring modern amenities will find this appealing.
• Buyers Seeking Commuting Convenience: With easy access to Highways 17, 85, and 280, and proximity to light rail, the property is well-suited for commuters working in Silicon Valley or other parts of the Bay Area.
Not For
• Buyers Seeking New Construction or Modern Design: This home, built in 1948, may not appeal to those seeking a modern, newly constructed property with contemporary design elements. The charm of an older home may not align with their preferences.
• Buyers Requiring a Large Family Room or Formal Dining Room: The property description indicates the absence of a formal dining room and family room. This might not be suitable for buyers who prioritize these spaces for family gatherings or entertaining.
• Buyers Sensitive to Air Quality Issues: With a severe air quality risk (7/10) and an average of 13 bad air days per year, this property may not be ideal for individuals with respiratory sensitivities or those who prioritize pristine air quality.
• Buyers with Limited Budgets or Seeking Lower-Priced Options: At a price of $1,998,000 and a price per square foot of $1372.25, this property is positioned at the higher end of the Campbell market. Buyers with strict budget constraints may find more affordable options elsewhere.
• Buyers Averse to Flood Risk: While the FEMA zone is X_UNSHADED, the flood risk score of 6/10 may deter buyers who are particularly risk-averse to potential flooding, even if the risk is considered moderate.
Demographics
Area Median Income
$128,476
Property History
Price History
Ownership Timeline
$836,000Financed
Jun 1, 2006Satish G Ambati, Archana S AmbatiDouglas J Hogberg, Melissa A Rush
Grant Deed
Standard Sale (Purchase/Resales)
$0Financed
Feb 27, 2002Satish Ambati, Archana AmbatiSatish G Ambati, Archana S Ambati
Intrafamily Transfer
Non-Arm's Length Transactions
$449,000Financed
Jun 9, 1999Mandell Arthur S And SandraSatish Ambati, Archan Ambati
Grant Deed
Standard Sale (Purchase/Resales)
Property Taxes
$15,231
2024 Tax Assessment
1.4%from previous year
Assessed Value$1,154,426
Tax Rate1.32%
Sunlight Analysis
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Sunlight Analysis
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Schools
Nearby school quality by education level
High
8.0/10
ExcellentFinancials
Monthly Costs
Market Rent (4 bed)
Get a detailed estimate on Zillow$2,223
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Location & Comparables
Subject Property
Comparable Sales
Subject Property
Price
$1,998,000
Price/sqft
$1,372
Layout
4 bd•2 ba
Days on market
2 daysat time of analysis
Stats in the Area
Based on 6 comparable properties nearby
Average Price
$2,144,167
6.8%
Your price is 6.8% below average
Median Price
$2,086,000
4.2%
Based on 6 recent sales
Price per Sq.Ft
$1,603
14.4%
Your price is 14.4% below average $/sqft
Comparable Properties
| Address | Price | Sq.Ft | Beds | Baths | $/Sq.Ft | Sale Date |
|---|---|---|---|---|---|---|
| 3661 Kendra Way, San Jose, CA 95130 | $2,310,000 | 1,451 | 3 | 2 | $1,59216.0% | 1/13/2025 |
| 738 Sobrato Drive, Campbell, CA 95008 | $2,350,000 | 1,375 | 3 | 2 | $1,70924.5% | 11/18/2024 |
| 1053 Lenor Way, San Jose, CA 95128 | $1,958,000 | 1,389 | 3 | 2 | $1,4102.7% | 11/13/2024 |
| 4010 Alberstone Drive, San Jose, CA 95130 | $2,086,000 | 1,166 | 3 | 2 | $1,78930.4% | 1/4/2025 |
| 4010 Alberstone Drive, San Jose, CA 95130 | $2,086,000 | 1,166 | 3 | 2 | $1,78930.4% | 1/4/2025 |
| 4006 W Campbell Ave, Campbell, CA 95008 | $2,075,000 | 1,558 | 3 | 2 | $1,3322.9% | 11/6/2024 |
3661 Kendra Way, San Jose, CA 95130
Price: $2,310,000
Sq.Ft: 1,451
Beds/Baths: 3/2
$/Sq.Ft:
$1,59216.0%
Sale Date: 1/13/2025
738 Sobrato Drive, Campbell, CA 95008
Price: $2,350,000
Sq.Ft: 1,375
Beds/Baths: 3/2
$/Sq.Ft:
$1,70924.5%
Sale Date: 11/18/2024
1053 Lenor Way, San Jose, CA 95128
Price: $1,958,000
Sq.Ft: 1,389
Beds/Baths: 3/2
$/Sq.Ft:
$1,4102.7%
Sale Date: 11/13/2024
4010 Alberstone Drive, San Jose, CA 95130
Price: $2,086,000
Sq.Ft: 1,166
Beds/Baths: 3/2
$/Sq.Ft:
$1,78930.4%
Sale Date: 1/4/2025
4010 Alberstone Drive, San Jose, CA 95130
Price: $2,086,000
Sq.Ft: 1,166
Beds/Baths: 3/2
$/Sq.Ft:
$1,78930.4%
Sale Date: 1/4/2025
4006 W Campbell Ave, Campbell, CA 95008
Price: $2,075,000
Sq.Ft: 1,558
Beds/Baths: 3/2
$/Sq.Ft:
$1,3322.9%
Sale Date: 11/6/2024
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