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144 S 3rd Street 433, San Jose, California 95112, San Jose, 95112 - 1 bed, 1 bath

144 S 3rd Street 433, San Jose, California 95112 home-pic-0
ACTIVE$525,000
144 S 3rd Street 433, San Jose, California 95112
1Bed
1Bath
1,023Sqft
630Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Prime Downtown Location: Situated in the heart of downtown San Jose, offering immediate access to City Hall, SJSU, cultural venues, numerous restaurants, and vibrant urban amenities.
Top Cons:
High Monthly HOA Fees: The association fee of $994.0 per month is substantial for a 1-bedroom unit, which could impact affordability and buyer interest.

Compared to the nearby listings

Price:$525.0K vs avg $642.5K ($-117,500)17%
Size:1,023 sqft vs avg 1,276 sqft22%
Price/sqft:$513 vs avg $54344%

More Insights

Built in 1997 (28 years old).
Condition: The property, built in 1997, is 27 years old. While it benefits from recent cosmetic updates such as new paint, new carpeting, and vinyl plank flooring in the kitchen and bathroom, the kitchen features dated white tile countertops and backsplash. The cabinets are painted, suggesting an update rather than full replacement, and some appliances (like the microwave) appear older despite the description mentioning 'recent appliances.' The bathroom, though not fully pictured, likely shares a similar aesthetic. The overall condition is clean and move-in ready due to the recent refreshes, but the style of key areas like the kitchen prevents it from being classified as 'Good' or 'Excellent' as it shows signs of being outdated in terms of design choices.
Year Built
1997
Close
-
List price
$525K
Original List price
$550K
Price/Sqft
$513
HOA
$994
Days on market
-
Sold On
-
MLS number
ML82009633
Home ConditionFair
Features
ViewNeighborhood

About this home

Desirable 1 Bedroom condo at Paseo Plaza, in the heart of downtown San Jose. Enjoy the lifestyle that downtown offers. Mews facing unit with a spacious living and dining area with a marble trimmed gas fireplace and wet bar. The primary bedroom has a mirrored wall and sliding door access to the balcony. A full bathroom with dual sinks and a separate shower and tub. A huge walk-in closet and in-unit laundry closet. Kitchen has painted cabinets, a stainless refrigerator, recent appliances and a nook area. Bright unit is newly painted and carpeted with vinyl plank flooring in the kitchen and bathroom. This condo is ready for immediate occupancy and enjoyment. One deeded parking space. The Paseo Plaza community recently replaced the roof, water conditioning system and boilers, and upgraded the garage gates and elevators. The secure complex features a pool, spa, large fitness room, social lounge and 2 spacious courtyards. The complex is close to City Hall, MLK Library, SJSU, Caesar Chavez Park, San Pedro Square, Center for Performing Arts, museums, numerous restaurants and eateries, Cal-Train and VTA Light Rail. Easy access to highways I-280 and 87, and the Mineta International Airport.

Condition Rating
Fair
The property, built in 1997, is 27 years old. While it benefits from recent cosmetic updates such as new paint, new carpeting, and vinyl plank flooring in the kitchen and bathroom, the kitchen features dated white tile countertops and backsplash. The cabinets are painted, suggesting an update rather than full replacement, and some appliances (like the microwave) appear older despite the description mentioning 'recent appliances.' The bathroom, though not fully pictured, likely shares a similar aesthetic. The overall condition is clean and move-in ready due to the recent refreshes, but the style of key areas like the kitchen prevents it from being classified as 'Good' or 'Excellent' as it shows signs of being outdated in terms of design choices.
Pros & Cons

Pros

Prime Downtown Location: Situated in the heart of downtown San Jose, offering immediate access to City Hall, SJSU, cultural venues, numerous restaurants, and vibrant urban amenities.
Extensive Community Amenities: The secure Paseo Plaza complex boasts a pool, spa, large fitness room, social lounge, and two spacious courtyards, enhancing lifestyle and value.
Recent Building Upgrades: The community has recently completed significant capital improvements including roof replacement, water conditioning system, boilers, garage gates, and elevators, indicating a well-maintained building.
Excellent Transit & Commuter Access: Proximity to Cal-Train, VTA Light Rail, highways I-280 and 87, and Mineta International Airport provides exceptional connectivity for commuters.
Move-in Ready with Key Features: The unit is newly painted and carpeted with vinyl plank flooring, includes a marble-trimmed gas fireplace, wet bar, huge walk-in closet, in-unit laundry, and a deeded parking space.

Cons

High Monthly HOA Fees: The association fee of $994.0 per month is substantial for a 1-bedroom unit, which could impact affordability and buyer interest.
Limited Bedroom/Bathroom Count: As a 1-bedroom, 1-bathroom unit, it caters to a smaller buyer demographic, primarily singles or couples, limiting its appeal to families or those needing more space.
Recent Price Reductions: The property has undergone multiple price reductions from its original list price of $550,000 to $525,000, potentially indicating market resistance or initial overpricing.

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