
San Jose, California 95122
This Versatile San Jose Condominium is a Strong Value Opportunity, listed at $405,000—positioned below the $409,031 Fair Market Value by 1%. This valuation gap offers $4,031 in Instant Equity for a property with a Condition Rating of 4. The layout features high ceilings, a bonus loft for office use, and a private deck with pond views. Residents benefit from central AC, indoor laundry, and proximity to the Jeanne R. Meadows Elementary School. This is an ideal entry point for first-time buyers or Owner-Occupants seeking Silicon Valley affordability.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1034 Summermist Court Subject | $405,000* List Price | 1 | 1 | 720 | $568 | - |
A 1058 Tekman Drive Sold | $375,000 | 1 | 1 | 648 | $579 | 0.3 mi |
B 2175 Summerton Drive Active | $429,888 List Price | 1 | 1 | 746 | $576 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, this property is in functional condition but shows significant signs of age consistent with the 'fair' rating. The kitchen retains dated features like the fluorescent light box and older wood cabinetry, although the range has been updated. The bathroom features an older vanity and a standard fiberglass tub surround. While the laminate flooring is a positive update, the overall aesthetic, including the carpeted stairs and original-style fixtures, indicates the property has been maintained through regular upkeep rather than a comprehensive modern renovation.
The inclusion of a bonus loft provides valuable versatility, allowing the property to function effectively as a two-bedroom home or a dedicated home office.
Equipped with central air conditioning and indoor laundry facilities, the home offers a level of convenience and climate control often sought after in the San Jose market.
High ceilings throughout the unit create an open, airy atmosphere that enhances the sense of space within the 720-square-foot floor plan.
The absence of a garage space is a notable disadvantage for residents requiring secure vehicle storage or additional utility space.
An association fee of $614 per month represents a significant recurring expense relative to the property's size and price point, potentially impacting buyer affordability.
This 720 sq. ft. home in San Jose offers one bedroom and one full bathroom with a bonus room (loft) can be used as a second bedroom or office. The kitchen is equipped with an electric oven range, dishwasher, and refrigerator, along with a breakfast bar and eat-in dining area. Flooring includes a combination of carpet and laminate throughout the home. Inside laundry facilities provide added convenience. The property features central air conditioning and other heating systems, complemented by high ceilings. There is no garage space, and the home does not have a family room. Residents have access to a community pool facility. The property is located within the Franklin-McKinley Elementary school district.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 0.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 25% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 720 | 919 | 25% |
| Lot Size | - | - | 50% |
| Price | $405.0K | $557.5K | 25% |
| Price per sq ft | $562 | $575 | 38% |
| Built year | 1985 | 1982 | 63% |
| HOA | $614.0 | $469 | 63% |
| Days on market | 8 | 115 | 13% |
Apr 14, 2026
$405,000
Initial Listing
Feb 23, 2011
$125,000
Public Record
May 17, 2005
$286,500
Public Record