1878 Story Road, San Jose, California 95122, San Jose, 95122 - 4 bed, 3 bath
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1878 Story Road
San Jose, California 95122
ACTIVE UNDER CONTRACT
CONDITION: FAIR
4Beds
3Baths
1,659Sq Ft
5,000Lot Size
Property Price
LIST PRICE$995,000
EST. MARKET VALUE
$1,045,606
4% BelowMARKET VALUE
SUMMARY
This 4-bedroom Single Family Residence represents a Strong Value Opportunity, listed at a List Price of $995,000—positioned well below the $1,045,606 Fair Market Value by 4%. This valuation gap provides $50,606 in Instant Equity for the buyer. With a Condition Rating of 4, the home features a functional layout and recent cosmetic updates, though it offers significant potential for value-add renovations. Ideally located near A. J. Dorsa Elementary, this property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking entry into the San Jose market.
Estimated Market Value
$1,045,606+$50,606 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 |
|---|---|---|---|---|---|---|
★ 1878 Story Road Subject | $995,000* List Price | 4 | 3 | 1,659 | $630 | - |
A 1729 Adrian Way Sold | $1,106,000 | 4 | 3 | 1,436 | $770 | 0.8 mi |
B 1246 Karl Street Sold | $930,000 | 3 | 2 | 1,391 | $669 | 0.4 mi |
C 1655 Marsh Street Active | $975,000 List Price | 3 | 2 | 1,430 | $682 | 0.4 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 1961, the property shows a mix of recent cosmetic updates and dated core elements. While the flooring and paint appear newer, the kitchen features dated white tile countertops and older cabinetry (likely >20 years). The exterior sunroom and siding show signs of age and deferred maintenance, fitting the criteria for a property that is functional but requires updates.
PROSSTRENGTHS & OPPORTUNITIES
- Competitive Entry Price
Listed under $1 million, this 4-bedroom home represents a rare and accessible entry point into the San Jose real estate market for families and investors.
- Functional Floor Plan
With 4 bedrooms and 3 full bathrooms, the 1,659 square foot layout offers excellent utility for multi-generational living or larger households.
- Walkable Elementary School
The property is situated just 0.2 miles from A. J. Dorsa Elementary, providing exceptional convenience for families with young children.
CONSRISKS & DEFICIENCIES
- High-Traffic Thoroughfare
Located on Story Road, the property is subject to significant vehicle traffic and noise, which may impact residential tranquility.
- Modest School Ratings
The assigned public schools carry ratings between 3 and 5, which may be less appealing to buyers specifically seeking high-performing school districts.
About 1878 Story Road
Exceptional opportunity in San Jose. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1961
- Lot Size
- 5,000 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
A. J. Dorsa Elementary School
Grades K-5 • 0.2 mi
3/10
Donald J. Meyer Elementary School
Grades K-5 • 0.8 mi
5/10
Clyde L. Fischer Middle School
Grades 6-8 • 0.6 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,659 | 1,706.046 |
| Lot Size | 5,000 | 6,261.966 |
| Price | $995.0K | $1.68M |
| Price per sq ft | $600 | $979 |
| Built year | 1961 | 1965 |
| HOA | $0 | $200 |
| Days on market | 34 | 37 |
Pricing History
Listed for Sale
Aug 6, 2026
$995,000
Initial Listing