1516 Hester Avenue, San Jose, California 95126, San Jose, 95126 - 3 bed, 2 bath
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1516 Hester Avenue
San Jose, California 95126
ACTIVE UNDER CONTRACT
CONDITION: EXCELLENT
3Beds
2Baths
1,452Sq Ft
6,534Lot Size
Property Price
LIST PRICE$1,399,999
EST. MARKET VALUE
$1,511,960
7% BelowMARKET VALUE
SUMMARY
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $1,399,999—positioned well below the $1,511,961 Fair Market Value by 7%. This valuation gap offers $111,962 in Instant Equity for the buyer. Featuring a Mint Condition Rating following a 2026 renovation, the home includes solid oak hardwood floors, a modern kitchen, and a private patio. Located in the coveted Shasta-Hanchett Park neighborhood, this property is an ideal acquisition for Owner-Occupants or first-time buyers seeking a premium, move-in ready lifestyle.
Estimated Market Value
$1,511,960+$111,961 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 1516 Hester Avenue Subject | $1,399,999* List Price | 3 | 2 | 1,452 | $1,041 | - |
A 422 Mayellen Avenue Sold | $1,140,000 | 3 | 2 | 1,667 | $684 | 0.5 mi |
B 1027 Garland Avenue Sold | $1,668,000 | 4 | 3 | 1,535 | $1,087 | 0.6 mi |
C 1299 Yosemite Avenue Sold | $1,550,000 | 2 | 2 | 1,668 | $929 | 0.4 mi |
D 49 S Morrison Avenue Sold | $1,615,000 | 3 | 2 | 1,336 | $1,209 | 0.7 mi |
E 1149 Singletary Avenue Sold | $1,300,000 | 2 | 2 | 1,120 | $1,161 | 0.5 mi |
F 1052 Luther Avenue Sold | $1,115,000 | 3 | 1 | 1,066 | $1,046 | 0.6 mi |
G 1415 Hanchett Avenue Active | $1,795,000 List Price | 2 | 2 | 1,562 | $1,149 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent a comprehensive renovation in 2026, featuring a modern kitchen with stainless steel appliances, remodeled bathrooms, and updated electrical wiring. With new solid oak hardwood floors, dual-pane windows, and a newer electrical panel (2015), the home is in mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Rose Garden Location
Situated in the highly coveted Shasta-Hanchett Park neighborhood, the property offers exceptional proximity to Santana Row, Valley Fair, and major transit hubs like Caltrain.
- Extensive 2026 Modernization
The home features comprehensive recent updates including a remodeled kitchen with stainless appliances, new oak flooring, and updated electrical systems, providing a turn-key living experience.
- ADU Conversion Potential
The detached two-car garage with new epoxy flooring offers a versatile space with significant potential for conversion into an Accessory Dwelling Unit (ADU), subject to city approval.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6534, other record lot size in square feet = 6900.
- Modest School Ratings
The assigned public schools currently hold lower ratings (ranging from 3 to 5), which may be a consideration for education-focused buyers despite the convenient proximity to the campuses.
- Historic Home Footprint
Originally built in 1925, the 1,452 sq. ft. layout may feel compact for some modern families, reflecting the smaller scale and architectural constraints typical of homes from that era.
About 1516 Hester Avenue
Welcome to 1516 Hester Avenue, beautifully updated in 2026 and ideally located in San Joses coveted Shasta-Hanchett Park neighborhood of the Rose Garden. This 1,452 sq. ft. home sits on a generous 6,534 sq. ft. lot and blends classic character with modern improvements. Inside, enjoy refinished and new solid oak hardwood flooring, recessed lighting, dual-pane windows, updated electrical wiring, new switches and outlets, and remodeled bathrooms. The open kitchen features stainless steel appliances, a farmhouse sink, breakfast bar, skylight, and seamless connection to the family room. Additional features include a separate laundry room and storage. Outside, enjoy fresh exterior paint and stucco, new front-yard landscaping, and automatic irrigation. The detached two-car garage features new epoxy flooring and offers excellent storage, workspace, or potential future ADU conversion, subject to city approval. Major improvements also include a newer electrical panel installed in 2015. Outstanding Rose Garden location near the Municipal Rose Garden and Farmers Market, Lincoln High School, Herbert Hoover Middle School, Santana Row, Westfield Valley Fair, Whole Foods, Trader Joes, Sprouts, Target, Caltrain, Guadalupe River Park, San Jose International Airport, and major commute routes.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- Lot Size
- 6,534 Sq. Ft.
Interior
- Total Bedrooms
- 3
- 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
Merritt Trace Elementary School
Grades K-5 • 0.3 mi
4/10
Gardner Elementary School
Grades K-5 • 1.4 mi
4/10
Herbert Hoover Middle School
Grades 6-8 • 0.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,452 | 1,706.046 |
| Lot Size | 6,534 | 6,261.966 |
| Price | $1.40M | $1.68M |
| Price per sq ft | $964 | $979 |
| Built year | 1925 | 1965 |
| HOA | $0 | $200 |
| Days on market | 15 | 37 |
Pricing History
Listed for Sale
Aug 25, 2026
$1,399,999
Initial Listing