
San Jose, California 95127
This Strong Value Opportunity is listed at a List Price of $749,000—positioned well below the $779,936 Fair Market Value by 3%. This valuation gap provides $30,936 in Instant Equity for the buyer. Featuring a Condition Rating of 3, this townhouse offers modern comforts like hardwood flooring, granite countertops, and a private fenced patio. Its efficient 1,220 sq ft layout includes smart built-ins, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 194 Colonade Square Subject | $749,000* List Price | 3 | 3 | 1,220 | $639 | - |
A 130 Colonade Square Active | $789,000 List Price | 3 | 3 | 1,220 | $647 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1988, the property is well-maintained and move-in ready with updates including hardwood flooring, granite countertops, and double-pane windows. The kitchen and HVAC systems are functional and appear to have been updated within the 5-15 year range, meeting the criteria for a well-maintained, functional home.
The home features high-value built-ins, including a dedicated office desk and a Murphy bed, which maximize the 1,220 sq ft layout for multi-functional use as a workspace or guest room.
Equipped with central AC, double-pane windows, and hardwood flooring throughout, the property offers essential modern climate control and aesthetic finishes that enhance tenant comfort and energy efficiency.
As a corner unit, the property benefits from increased natural light and enhanced privacy, complemented by a private fenced patio and an attached two-car garage for added convenience.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1272, other record lot size in square feet = 1200.
Distributing three bedrooms across 1,220 square feet results in a relatively tight living configuration that may feel restrictive for larger families or those with bulky furniture.
Built in 1988, the property may face upcoming maintenance requirements for aging systems or common area elements typical of developments from this era compared to newer construction.
Smart built-ins, warm finishes & a desirable corner setting come together in this 3-bedroom, 2.5-bathroom townhouse offering 1,220 sq ft of living space. Hardwood flooring flows throughout the home, beginning in the inviting living area with a fireplace & plenty of natural light. The kitchen features granite countertops, generous cabinetry & an easy connection to the dining and living spaces. A built-in office desk creates a convenient work-from-home or study area without sacrificing living space. Adding even more flexibility, a built-in Murphy bed provides an ideal solution for guests, a home office, or a multipurpose room. Walk-in closets offer valuable storage, while central AC & double-pane windows add everyday comfort. Outside, the private fenced patio provides an easy-care space for relaxing or entertaining. An attached two-car garage adds convenience. Located near Alum Rock Village, shopping, dining, VTA transit & major commute routes including I-680 and Highway 101.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,220 | 1,088.503 |
| Lot Size | 1,272 | 1,303.863 |
| Price | $749.0K | $648.7K |
| Price per sq ft | $614 | $614 |
| Built year | 1988 | 1987 |
| HOA | $305.0 | $594 |
| Days on market | 23 | 56 |
Aug 17, 2026
$749,000
Initial Listing
Dec 13, 2013
$410,000
Public Record