144 S 3rd Street 509, San Jose, California 95112, San Jose, 95112 - 2 bed, 2 bath
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144 S 3rd Street 509
San Jose, California 95112
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,421Sq Ft
0Lot Size
Property Price
LIST PRICE$679,999
EST. MARKET VALUE
$673,593
SUMMARY
This Condominium represents a Strong Value Opportunity, listed at $679,999—positioned well below the $673,593 Fair Market Value by -0.9%. While the property maintains a Fair Condition Rating due to original 1990s finishes, it offers a functional Dual Master Suite Layout and premium city skyline views from dual balconies. Despite the high HOA fees and moderate school ratings, the unit provides modern comforts like central AC and in-unit laundry. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a downtown lifestyle.
Estimated Market Value
$673,593
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 |
|---|---|---|---|---|---|---|
★ 144 S 3rd Street 509 Subject | $679,999* List Price | 2 | 2 | 1,421 | $474 | - |
A 130 E San Fernando Street 408 Sold | $695,000 | 2 | 2 | 1,622 | $428 | 0.1 mi |
B 130 East San Fernando St 504 Sold | $678,000 | 2 | 2 | 1,622 | $418 | 0.1 mi |
C 30 E Julian Street 208 Sold | $765,000 | 2 | 2 | 1,271 | $602 | 0.6 mi |
D 400 N 1st Street 111 Sold | $585,000 | 1 | 2 | 1,113 | $526 | 0.7 mi |
E 415 N 2nd Street 245 Sold | $635,000 | 2 | 2 | 1,050 | $605 | 0.7 mi |
F 1 E Julian Street 316 Sold | $815,000 | 3 | 3 | 1,348 | $605 | 0.6 mi |
G 144 S 3rd Street 609 Active | $845,000 List Price | 2 | 2 | 1,421 | $595 | 0.0 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 1996, this 28-year-old property falls into the 'Fair' category as it exceeds the 20-year mark without significant recent renovations. The kitchen and bathrooms feature original 1990s finishes, including ceramic tile countertops, oak cabinetry, and vinyl/linoleum flooring. While the unit is well-maintained and functional with working systems like central AC, it is aesthetically dated and requires cosmetic updates to meet modern standards.
PROSSTRENGTHS & OPPORTUNITIES
- Dual Master Suite Layout
The floor plan features two full master suites, providing exceptional privacy and versatility for roommates, guests, or a professional home office setup.
- Premium Views and Outdoor Space
Positioned as a premium unit, the property boasts the best views in the building complemented by dual balconies, a rare and highly desirable feature in downtown living.
- Modern Comforts and Efficiency
The home is well-equipped with central AC, a fireplace, in-unit laundry, and energy-efficient upgrades like double-pane windows and Energy Star appliances.
CONSRISKS & DEFICIENCIES
- High Association Fees
The monthly HOA fee of $1,078 is significantly high, which may deter budget-conscious buyers and impact the property's long-term carrying costs.
- Underperforming School District
The assigned public schools have relatively low ratings (ranging from 3 to 5), which could limit the property's appeal to families prioritizing high-performing educational districts.
About 144 S 3rd Street 509
The Must Have Premium Unit in this building featuring the best views with dual balconies. 2-master suite bedrooms, 2-bathroom home located downtown city of San Jose. This home offers a comfortable and functional living space. The kitchen is equipped with ceramic countertops and an electric cooktop, making it a delightful space for culinary enthusiasts. The kitchen opens into a family room, perfect for gatherings and entertainment. Enjoy the warmth of the fireplace and the comfort of central AC and ceiling fans throughout the home. The flooring features a combination of carpet and vinyl/linoleum, providing durability and style. The home also boasts energy-efficient features such as Energy Star appliances and double pane windows, enhancing comfort and sustainability. Convenience is paramount with in-unit washer and dryer facilities. Additional amenities include a walk-in closets and access to a community pool. this home is ideal for modern living in the heart of San Jose.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1996
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $1078.0 / Month
Neighborhood Insights
San Jose Unified Schools
Horace Mann Elementary School
Grades K-5 • 0.4 mi
4/10
Herbert Hoover Middle School
Grades 6-8 • 2.0 mi
3/10
Abraham Lincoln High School
Grades 9-12 • 2.1 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,421 | 1,088.503 |
| Lot Size | - | 1,303.863 |
| Price | $680.0K | $648.7K |
| Price per sq ft | $479 | $614 |
| Built year | 1996 | 1987 |
| HOA | $1078.0 | $594 |
| Days on market | 13 | 56 |
Pricing History
Listed for Sale
Aug 27, 2026
$679,999
Initial Listing
Sold
Feb 14, 2018
$879,000
Public Record
Sold
Jul 8, 2015
$680,000
Public Record
Sold
Sep 24, 1999
$375,000
Public Record
Sold
May 1, 1996
$261,000
Public Record