2042 Panama Avenue, San Jose, California 95122, San Jose, 95122 - 3 bed, 2 bath
Loading property details...
San Jose, California 95122
This Well-Maintained Refreshed Residence is listed at $948,000, offering a turnkey lifestyle positioned near its $880,473 Fair Market Value. Boasting a Condition Score of 3, the home features essential modern upgrades including Central HVAC, newer laminate flooring, and recessed lighting. The 5,000 sq ft lot includes a private patio and expansive backyard with significant ADU potential for future expansion or gardening. Located in an established San Jose neighborhood, this polished home provides long-term stability for first-time buyers or Owner-Occupants seeking a move-in-ready Silicon Valley sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2042 Panama Avenue Subject | $948,000* List Price | 3 | 2 | 960 | $917 | - |
A 2078 Inman Way Sold | $803,000 | 3 | 2 | 960 | $836 | 0.4 mi |
B 1863 Sarasota Way Sold | $948,000 | 3 | 2 | 1,040 | $912 | 0.3 mi |
C 1491 Florida Avenue Sold | $850,000 | 3 | 2 | 1,040 | $817 | 0.7 mi |
D 1491 Cliffwood Sold | $998,000 | 3 | 1 | 910 | $1,097 | 0.7 mi |
E 1549 Terilyn Avenue Sold | $875,000 | 3 | 1 | 960 | $911 | 0.6 mi |
F 1324 Orlando Drive Sold | $910,000 | 3 | 1 | 960 | $948 | 0.8 mi |
G 2089 Palm Beach Way Active | $888,000 List Price | 3 | 2 | 1,020 | $871 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1961 but recently refreshed with newer laminate flooring, fresh interior/exterior paint, and recessed lighting. The kitchen is functional with stainless steel appliances and stone countertops, and the home features updated central HVAC. While the roof shows some age and certain bathroom elements remain dated, the property is well-maintained and move-in ready.
The home has been thoughtfully refreshed with newer laminate flooring, fresh interior and exterior paint, and recessed lighting, offering a clean and modern aesthetic for immediate occupancy.
Unlike many homes of this vintage, this property features both central heating and central air conditioning, providing essential climate control and comfort for the San Jose climate.
The 5,000 sq ft lot includes a large backyard that offers significant versatility for outdoor entertaining, gardening, or the potential addition of an Accessory Dwelling Unit (ADU).
At only 960 sq ft for a 3-bedroom, 2-bath configuration, the living spaces and bedrooms may feel compact compared to modern residential standards.
The property was sold for $825,000 in late 2023; the current list price of $948,000 represents a significant jump in a short period, which may lead to appraisal scrutiny.
Welcome to 2042 Panama Avenue, a well-maintained 3-bedroom, 2-bath home offering approximately 960 sq ft of living space on a 5,000 sq ft lot. Built in 1961, this home has been thoughtfully refreshed with newer laminate flooring throughout, Central heating/Central AC, fresh interior and exterior paint, and recessed lighting, creating a clean, move-in-ready canvas for its next owner. The expansive backyard provides plenty of space for gardening, outdoor entertaining, or future customization. Situated in a well-established neighborhood, the home offers convenient access to schools, parks, shopping, and major commuting routes. An excellent opportunity for first-time buyers or investors seeking value, functionality, and long-term potential in San Jose.
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 | 960 | 1,121.5 | 18% |
| Lot Size | 5,000 | 5,275 | 39% |
| Price | $948.0K | $944.0K | 50% |
| Price per sq ft | $988 | $807 | 93% |
| Built year | 1961 | 1961 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 98 | 4% |
Apr 17, 2026
$948,000
Initial Listing
Sep 29, 2023
$825,000
Public Record
Jul 19, 2007
$48,181
Public Record