
San Jose, California 95122
This Versatile San Jose Condominium is listed at $405,000, offering a stable entry point positioned below the $408,076 Fair Market Value by 1%. This valuation provides $3,076 in Instant Equity for incoming owners. The interior features a functional loft, high ceilings, and a balcony with pond views, though it maintains a Dated Condition Rating that allows for future value-add through cosmetic updates. Situated near the 7/10 rated Jeanne R. Meadows Elementary, it balances lifestyle utility with long-term market stability. This is an ideal acquisition for first-time buyers or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1034 Summermist Court Subject | $398,888* List Price | 1 | 1 | 720 | $542 | - |
A 1050 Summermist Court Sold | $415,000 | 1 | 1 | 746 | $556 | 0.0 mi |
B 1058 Tekman Drive Sold | $375,000 | 1 | 1 | 648 | $579 | 0.3 mi |
C 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 (39 years old), the property is dated and retains many original features. The kitchen has older wood cabinetry, laminate countertops, and a dated fluorescent light box, though it includes a newer stainless range. The bathroom features an original-style cultured marble vanity and basic fixtures. While the unit is functional with central HVAC and laminate flooring, it lacks recent major renovations and requires cosmetic updates to meet modern standards.
The inclusion of a loft provides exceptional flexibility, allowing the unit to function as a two-bedroom home, a dedicated office, or a creative flex space, which is a rare find in a 720 sq. ft. floor plan.
The property features high-demand amenities including central air conditioning, heating, and in-unit laundry, ensuring a high level of convenience and comfort for urban living.
Situated within walking distance to Jeanne R. Meadows Elementary School (rated 7/10), the location offers excellent value for families or investors prioritizing access to quality local education.
The association fee of $614 per month is relatively high for a one-bedroom condominium, which may impact the debt-to-income ratio for buyers and overall investment yield.
The absence of a garage is a significant disadvantage in a commuter-heavy market like San Jose, potentially complicating vehicle storage and affecting future resale appeal.
Welcome to this bright and versatile San Jose condo offering approximately 720 sq. ft. of living space. The home features 1 bedroom, 1 full bathroom, and a loft that can be used as a second sleeping area, home office, or flex space. High ceilings enhance the open layout and create a spacious feel throughout the home. 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. Additional conveniences include in-unit laundry and central air conditioning and heating. Residents enjoy access to a community pool facility. The property does not include garage parking and does not feature a separate family room. Conveniently located in San Jose within the Franklin-McKinley Elementary School District, with easy access to nearby shopping, dining, and commuter routes.
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 | 38% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 720 | 885 | 25% |
| Lot Size | - | - | 50% |
| Price | $398.9K | $550.0K | 25% |
| Price per sq ft | $554 | $568 | 25% |
| Built year | 1985 | 1982 | 63% |
| HOA | $614.0 | $469 | 63% |
| Days on market | 53 | 160 | 13% |
May 24, 2026
$398,888
$405,000
-2% Price Drop
Initial Listing
Apr 14, 2026
$405,000
Initial Listing
Feb 23, 2011
$125,000
Public Record
May 17, 2005
$286,500
Public Record