1051 Marianelli Court, San Jose, California 95112, San Jose, 95112 - 4 bed, 2 bath
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1051 Marianelli Court
San Jose, California 95112
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
2Baths
1,405Sq Ft
6,098Lot Size
Property Price
LIST PRICE$1,099,888
EST. MARKET VALUE
$1,112,434
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $1,099,888—positioned well below the $1,112,435 Fair Market Value by 1%. This valuation gap offers $12,547 in Instant Equity. With a Condition Rating of 4, the home provides a functional layout with significant potential for cosmetic modernization. The 6,098 sq. ft. lot and cul-de-sac location offer excellent ADU potential. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a central San Jose location.
Estimated Market Value
$1,112,434
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 |
|---|---|---|---|---|---|---|
★ 1051 Marianelli Court Subject 4 bd · 2 ba · 1,405 sqft · $792 | $1,099,888* List Price | 4 | 2 | 1,405 | $792 | - |
A 741 N 21st Street Sold 4 bd · 2 ba · 1,932 sqft · $673 · 0.1 mi | $1,300,000 | 4 | 2 | 1,932 | $673 | 0.1 mi |
B 640 N 15th Street Sold 3 bd · 2 ba · 1,286 sqft · $719 · 0.5 mi | $925,000 | 3 | 2 | 1,286 | $719 | 0.5 mi |
C 563 N 21st Street Sold 3 bd · 3 ba · 1,664 sqft · $775 · 0.4 mi | $1,290,000 | 3 | 3 | 1,664 | $775 | 0.4 mi |
D 656 N 16th Street Sold 2 bd · 2 ba · 1,578 sqft · $719 · 0.4 mi | $1,135,000 | 2 | 2 | 1,578 | $719 | 0.4 mi |
E 617 N 14th Street Sold 3 bd · 1 ba · 1,066 sqft · $774 · 0.6 mi | $825,000 | 3 | 1 | 1,066 | $774 | 0.6 mi |
F 639 Jackson Street Active 3 bd · 1 ba · 1,224 sqft · $939 · 0.6 mi | $1,149,000 List Price | 3 | 1 | 1,224 | $939 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1977, the property is nearly 50 years old and shows dated interior finishes. While the home is functional and move-in ready, the bathroom vanity, lighting, and ceramic tile flooring appear to be over 20 years old. The listing description emphasizes 'potential' and 'opportunity to personalize,' indicating a need for cosmetic updates and modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Cul-de-Sac Location
Situated at the end of a quiet cul-de-sac in North Downtown San Jose, this property offers a rare blend of privacy and urban convenience near Japantown and SJSU.
- ADU & Outdoor Potential
The generous 6,098 sq. ft. lot features mature fruit trees and ample space, providing a significant opportunity for gardening, entertaining, or constructing an ADU.
- Exceptional Parking Capacity
With a two-car garage and an oversized driveway accommodating three additional vehicles, the property offers superior parking capacity seldom found in central San Jose.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6098, other record lot size in square feet = 6300.
- Unpermitted Improvements
The additional bonus room lacks permit verification, which may complicate financing or require future compliance efforts by the buyer.
- Below-Average School Ratings
The assigned public schools carry low ratings (ranging from 2 to 4), which could impact long-term resale value and appeal to families.
About 1051 Marianelli Court
Fantastic opportunity to own a Single Family Home in North Downtown San Jose! Tucked away at the end of a cul-de-sac, this charming 4-bed, 2-bath home offers approximately 1,405 sq. ft. of living space and a wonderful combination of space, convenience, and potential. The home features a spacious living room, dedicated dining area, and an additional bonus room (permits unknown), ideal for a home office, playroom, gym, or other flexible use. 2-car garage plus an oversized driveway offering space for 3 additional vehicles. The property offers generous outdoor space with plenty of room to enjoy, garden, entertain, or explore the potential for an ADU (subject to city approval). Mature fruit trees and plants include apple, peach, orange, lemon and apricot trees, along with grapes and cactus, creating a unique and inviting outdoor setting.With a functional floor plan and plenty of opportunity to personalize,this home is ready for its next chapter.Conveniently located near Downtown San Jose,Japantown,San Jose State University, shopping,dining,public transportation, & major commuter routes. Dont miss thisopportunity to own a single-family home with abundant outdoor space, possible ADUpotential, and a desirable cul-de-sac setting in a central San Jose location! Don't miss it!!!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1977
- Lot Size
- 6,098 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Empire Gardens Elementary School
Grades K-5 • 0.5 mi
4/10
Grant Elementary School
Grades K-5 • 0.8 mi
2/10
Peter Burnett Middle School
Grades 6-8 • 1.3 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,405 | 1,721.238 |
| Lot Size | 6,098 | 6,271.145 |
| Price | $1.10M | $1.67M |
| Price per sq ft | $783 | $972 |
| Built year | 1977 | 1965 |
| HOA | $0 | $190 |
| Days on market | 53 | 38 |
Pricing History
Listed for Sale
Oct 8, 2026
$1,099,888
$1,179,999
-7% Price Drop
Initial Listing
Price Change
Sep 22, 2026
$1,179,999
$1,249,999
-6% Price Drop
Initial Listing
Price Change
Sep 1, 2026
$1,249,999
Initial Listing
Sold
Mar 8, 2007
$660,000
Public Record
Sold
Apr 26, 2005
$535,000
Public Record
Sold
Aug 10, 2001
$410,000
Public Record
Sold
Jul 30, 1996
$187,500
Public Record