124 Monte Verano Court, San Jose, California 95116, San Jose, 95116 - 2 bed, 1 bath
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San Jose, California 95116
This Condominium represents a Strong Value Opportunity, listed at $480,000—positioned well above the $448,522 Fair Market Value by -7%. With a Fair Condition Rating, the unit offers a quiet, private setting with peaceful green space views and a functional layout. While the property requires cosmetic updates and lacks in-unit laundry, its location near major Silicon Valley employers and transit provides long-term stability. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level San Jose asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 124 Monte Verano Court Subject | $480,000* List Price | 2 | 1 | 877 | $511 | - |
A 146 Damsen Drive Sold | $475,000 | 2 | 2 | 974 | $488 | 0.3 mi |
B 2177 Alum Rock Avenue 129 Sold | $575,000 | 2 | 2 | 996 | $577 | 0.5 mi |
C 2177 Alum Rock Avenue 128 Sold | $579,888 | 2 | 2 | 1,077 | $538 | 0.5 mi |
D 5 Monte Verano Court Active | $515,000 List Price | 2 | 2 | 902 | $571 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1988 (36 years old), the property is dated but functional. The kitchen features older oak-style cabinetry and fluorescent box lighting typical of a 15-30 year old renovation or original build. While the listing states it is move-in ready with some stainless steel appliances, it lacks the modern updates required for a 'Good' rating and fits the 'Fair' criteria for needing cosmetic updates.
Tucked away at the back of a gated community, this unit offers a peaceful living environment with serene views of open green space from both the interior and the private balcony.
Priced competitively for the San Jose market, the property is eligible for down payment assistance programs, providing a high-value entry point for first-time homebuyers or investors.
The move-in ready home features a bright, efficient floor plan including a spacious primary bedroom with a walk-in closet, an external storage room, and two assigned covered parking spaces.
The lack of in-unit laundry hookups requires residents to use community facilities, which may be a significant convenience drawback for modern buyers.
The assigned public schools for this address currently hold lower ratings (4/10), which could impact the property's appeal to families and long-term resale value.
Great down payment assistance for first time home buyers on this unit. Tucked away at the back of the community, the unit offers a quiet and private setting with peaceful views of the open green space from both the windows and private balcony. Enjoy the convenience of an additional storage room located on the balcony, perfect for seasonal items and extra belongings. Move in ready home with bright and functional layout. Spacious primary bedroom with a walk-in closet. HOA covers water and garbage. The home includes two assigned covered carport spaces. Community amenities include a pool, fitness center, and community laundry facilities. The community is gated. Conveniently located near Highway 680, VTA Light Rail, shopping, dining, and major Silicon Valley employers, this home offers an ideal combination of comfort, convenience, and value. Whether you're a first-time homebuyer or an investor, this is an excellent opportunity to own in a desirable San Jose location.
No exterior & parking available.
Grades 3-5 • 0.5 mi
Grades K-5 • 0.5 mi
Grades 6-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 877 | 988 |
| Lot Size | - | 1,550 |
| Price | $480.0K | $671.0K |
| Price per sq ft | $547 | $625 |
| Built year | 1988 | 1985 |
| HOA | $532.0 | $586 |
| Days on market | 14 | 48 |
Jul 8, 2026
$480,000
Initial Listing