
San Jose, California 95116
This Updated Single-Family Residence is a Strong Value Opportunity, listed at $1,099,000—positioned well below the $1,159,054 Fair Market Value by 5%. This valuation gap provides $60,054 in Instant Equity. Boasting a Good Condition Rating, the home features a Granite Kitchen with new appliances and elegant Hardwood Floors. The generous 6,350 sq ft lot offers significant ADU Potential, while the location in the Alum Rock Union Elementary School District near a city park adds lifestyle appeal. This is an ideal acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1924 Vollmer Way Subject | $1,099,000* List Price | 3 | 2 | 1,462 | $793 | - |
A 1127 Spiro Drive Sold | $950,880 | 3 | 2 | 1,101 | $864 | 1.0 mi |
B 1198 1198 Spiro Dr Sold | $900,000 | 3 | 2 | 1,101 | $817 | 0.8 mi |
C 125 Magellan Avenue Sold | $860,000 | 2 | 1 | 993 | $866 | 0.8 mi |
D 866 Mccreery Avenue Active | $959,000 List Price | 5 | 3 | 1,510 | $635 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent upgrades that elevate it above a fair rating. The kitchen is equipped with brand-new stainless steel appliances and granite countertops, which are also present in the bathrooms. The interior boasts well-maintained hardwood and tile flooring, recessed lighting, and fresh paint throughout. Although the home was built in 1948, these updates and the overall well-maintained condition of the major living areas satisfy the criteria for a 'Good' score.
The kitchen is well-appointed with premium granite countertops and a suite of brand-new appliances, including a gas range, dishwasher, and refrigerator, offering a move-in-ready experience for culinary enthusiasts.
The property features a generous 6,350 square foot lot with specific potential to build an Accessory Dwelling Unit (ADU) in the backyard, providing an excellent opportunity for rental income or multi-generational living.
The home boasts elegant hardwood and tile flooring throughout, complemented by bathrooms featuring double sinks and granite surfaces, which enhances the overall aesthetic and durability of the interior.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1462, other record living area = 1090.
The residence only provides a one-car garage, which may be a constraint for modern families with multiple vehicles or significant storage needs.
Built in 1948, the home's age may require closer inspection of original systems such as plumbing and electrical, which might not be as efficient as those found in newer constructions.
Welcome to a charming home in San Jose that boasts 1,462 square feet of living space. This residence features three spacious bedrooms and two full bathrooms, each equipped with double sinks and granite countertops. The kitchen is well-appointed with granite countertops, a new gas oven range, a New dishwasher, and a new refrigerator, making it a great space for culinary enthusiasts. Hardwood and tile flooring throughout the home add to the elegance, while "Other" flooring offers unique touches.perfect for cooler evenings. Laundry facilities include an electricity hookup (220V) for convenience. Potential for Build an ADU in the back. Situated within the Alum Rock Union Elementary School District, this home is ideal for families. Additional amenities include a one-car garage, a storage facility, and other features for your storage needs. Experience the comfort and convenience of living in the vibrant city of San Jose. Step out to San Jose park. Must see and will appreciated
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,462 | 1,220 | 61% |
| Lot Size | 6,350 | 4,346 | 83% |
| Price | $1.10M | $962.0K | 57% |
| Price per sq ft | $752 | $817 | 43% |
| Built year | 1948 | 1955 | 30% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 174 | 4% |
Mar 17, 2026
$1,099,000
Initial Listing
Nov 26, 2008
$240,000
Public Record
Jun 22, 2005
$525,000
Public Record
Sep 30, 2002
$415,000
Public Record
Mar 14, 1996
$75,000
Public Record