198 S Cragmont Ave, San Jose, California 95127, San Jose, 95127 - 3 bed, 2 bath
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San Jose, California 95127
This Single Family Residence represents a Strong Value Opportunity, listed at $799,000—positioned well below the $858,796 Fair Market Value by 6%. This valuation gap provides $59,796 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern upgrades like solar panels and central A/C. With a generous 7,000 sqft lot and versatile parking, this property balances financial upside with functional living. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready San Jose home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 198 S Cragmont Ave Subject | $799,000* List Price | 3 | 2 | 1,056 | $813 | - |
A 13861 Highwood Drive Sold | $1,000,000 | 3 | 1 | 1,024 | $977 | 0.9 mi |
B 4117 Gion Avenue Sold | $1,030,000 | 2 | 1 | 1,152 | $894 | 0.7 mi |
C 14705 E Hills Drive Sold | $1,000,060 | 3 | 2 | 1,352 | $740 | 0.4 mi |
D 314 Lyndale Avenue Pending | $995,000 List Price | 3 | 2 | 1,259 | $790 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1935, the property appears well-maintained and functional with significant system upgrades including solar panels and central A/C. The exterior shows dual-pane windows and a newer paved driveway, indicating renovations likely within the 5-15 year range, making it move-in ready.
The property features both central A/C and solar panels, providing modern climate control and significant utility cost savings, which are premium upgrades for a home of this vintage.
With a generous 7,000 sqft lot and a long driveway, the property offers rare versatility for multiple vehicles, RV/boat parking, or potential outdoor expansion in a dense urban setting.
Listed at $799,000 for a 3-bedroom, 2-bathroom detached home, this property represents a highly accessible price point for first-time buyers looking to enter the San Jose market.
Originally built in 1935, the home may require more frequent maintenance or updates to aging infrastructure and systems compared to newer residential builds.
With only 1,056 square feet of living area for a 3-bedroom configuration, the interior layout may feel constrained for families requiring larger individual rooms or expansive common areas.
A charming single-family home offering comfort, convenience and exceptional functionality. Featuring 3 bedrooms and 2 bathrooms, this home is perfect for families, first-time buyers or anyone looking for extra space in a desirable location. Enjoy a spacious layout with plenty of room to live and entertain plus a long driveway offering abundant parking, ideal for multiple vehicles, guests, RV/boat parking or extra storage needs. Stay comfortable year-round with central A/C, and benefit from solar panels for energy efficiency and lower utility costs. Conveniently situated in a nice San Jose location, this home offers easy access to shopping, dining, schools, parks and major commute routes blending everyday convenience with neighborhood charm.
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 | 1,056 | 1,324 | 22% |
| Lot Size | 7,000 | 6,588 | 54% |
| Price | $799.0K | $1.15M | 11% |
| Price per sq ft | $757 | $774 | 45% |
| Built year | 1935 | 1955 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 113 | 2% |
May 28, 2026
$799,000
Initial Listing
Apr 27, 2016
$600,000
Public Record
Feb 29, 2000
$377,000
Public Record
Jun 3, 1999
$200,000
Public Record