1021 Carola Avenue, San Jose, California 95130, San Jose, 95130 - 4 bed, 3 bath
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1021 Carola Avenue
San Jose, California 95130
ACTIVE
CONDITION: EXCELLENT
4Beds
3Baths
2,243Sq Ft
10,125Lot Size
Property Price
LIST PRICE$2,399,000
EST. MARKET VALUE
$2,482,491
3% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $2,399,000—positioned well below the $2,482,491 Fair Market Value by 3%. This valuation gap offers $83,491 in Instant Equity. Featuring a Mint Condition Rating, the home includes a Miele/Bosch kitchen, Cat 6 wiring, and a climate-controlled garage. With a large lot, entertaining deck, and proximity to highly-rated schools, this property is an ideal acquisition for Owner-Occupants or discerning professionals seeking a move-in ready lifestyle.
Estimated Market Value
$2,482,491+$83,491 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 Carola Avenue Subject 4 bd · 3 ba · 2,243 sqft · $1,107 | $2,399,000* List Price | 4 | 3 | 2,243 | $1,107 | - |
A 1386 Flora Avenue Sold 6 bd · 3 ba · 2,761 sqft · $837 · 0.1 mi | $2,310,000 | 6 | 3 | 2,761 | $837 | 0.1 mi |
B 1563 Clarita Avenue Sold 4 bd · 2 ba · 1,528 sqft · $1,257 · 0.2 mi | $1,920,000 | 4 | 2 | 1,528 | $1,257 | 0.2 mi |
C 1536 Mckinnon Court Sold 3 bd · 2 ba · 2,007 sqft · $1,101 · 0.3 mi | $2,209,150 | 3 | 2 | 2,007 | $1,101 | 0.3 mi |
D 1569 Duvall Drive Sold 4 bd · 3 ba · 2,210 sqft · $1,301 · 0.4 mi | $2,875,000 | 4 | 3 | 2,210 | $1,301 | 0.4 mi |
E 4198 Hamilton Park Drive Active 3 bd · 2 ba · 1,464 sqft · $1,365 · 0.2 mi | $1,998,000 List Price | 3 | 2 | 1,464 | $1,365 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While originally built in 1949, the property has undergone a high-end modern renovation within the last 5 years. The kitchen is updated with premium Miele and Bosch appliances, and the home features contemporary wide-plank flooring, recessed lighting, and Cat 6 wiring. Significant system upgrades are evident, including a climate-controlled garage with new epoxy flooring and professional drought-tolerant landscaping, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10125, living area = 2243.
- Versatile and Spacious Layout
The 2,243 sqft floor plan is exceptionally flexible, featuring five bedrooms, three full baths, and dedicated bonus spaces ideal for a home office, gym, or studio to accommodate modern lifestyle needs.
- Premium Lot and Outdoor Amenities
Situated on a rare 10,125 sqft lot, the property offers a large entertaining deck, drought-tolerant landscaping, and a variety of mature fruit trees, providing a private and expansive outdoor retreat.
CONSRISKS & DEFICIENCIES
- Vintage Infrastructure
Originally built in 1949, the property may have underlying structural or systemic elements that require more maintenance compared to newer constructions in the area.
- School Rating Alignment
While located in the sought-after Moreland district, the current school ratings (ranging from 6 to 7) may be a consideration for buyers specifically seeking top-tier 9 or 10 rated schools at this $2.4M price point.
About 1021 Carola Avenue
Comfort and versatility in sought-after Moreland. This five-bedroom, three-full-bathroom home offers a formal living room, separate family room, and dedicated dining area to give everyone space to gather or unwind, plus bonus spaces ready for an office, gym, or studio. The kitchen features a Miele gas range and Bosch dishwasher. The finished garage has a new epoxy floor and its own climate controls for a classic car, home gym, or movie nights. Cat 6 wiring supports fast, reliable connectivity. Outside, the large lot, is maximized with a large deck for dining or lounging, drought tolerant landscaping, and loads of mature producing fruit trees in the front and the back.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1949
- Lot Size
- 10,125 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
George C. Payne Elementary School
Grades K-5 • 0.4 mi
7/10
Moreland Middle School
Grades 6-8 • 0.7 mi
6/10
Prospect High School
Grades 9-12 • 1.6 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 2,243 | 1,721.238 |
| Lot Size | 10,125 | 6,271.145 |
| Price | $2.40M | $1.67M |
| Price per sq ft | $1.1K | $972 |
| Built year | 1949 | 1965 |
| HOA | $0 | $190 |
| Days on market | 7 | 38 |
Pricing History
Listed for Sale
Oct 17, 2026
$2,399,000
Initial Listing
Sold
Nov 8, 2017
$1,600,000
Public Record
Sold
Apr 28, 2004
$680,000
Public Record
Sold
Jun 25, 1999
$478,000
Public Record