2049 Folle Blanche Drive, California, San Jose, 95135 - 3 bed, 3 bath
2049 Folle Blanche Drive
California
Property Price
SUMMARY
Analysis of 2049 Folle Blanche Drive, California is currently available with a list price of $1,199,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
The property was built in 1998, making it 26 years old. This age places it within the 'fair' condition category, which typically applies to properties built within the last 25 to 40 years with no major renovations since construction. Without any provided images or textual details indicating recent renovations or updates to the kitchen, bathrooms, appliances, light fixtures, or flooring, it is assumed that the property's components are original or have not been significantly updated in recent years. While functional, these elements would likely show signs of being outdated in style and potentially require minor updates or repairs to meet current aesthetic standards.
PROSSTRENGTHS & OPPORTUNITIES
- Desirable Location
Located in San Jose, a highly sought-after city within Silicon Valley, offering strong job markets and amenities.
- Modern Construction
Built in 1998, the property is relatively new, suggesting contemporary building standards and potentially better energy efficiency.
- Spacious Layout
With 1969 sqft, 3 bedrooms, and 3 bathrooms, the property offers ample living space and a favorable bed-to-bath ratio for various household needs.
CONSRISKS & DEFICIENCIES
- Exorbitant Association Fee
The $948 monthly association fee is exceptionally high, significantly increasing the total cost of homeownership and potentially deterring buyers.
- Extended Market Time
The property has been on the market since February 2023 (over 1.5 years) without a price reduction, suggesting potential overpricing or a lack of buyer interest at the current price point.
- Condominium Restrictions
As a condominium, it is subject to HOA rules and potential limitations on personal modifications or usage, which can be a drawback for buyers seeking more autonomy.
About 2049 Folle Blanche Drive
Exceptional opportunity in California. This spacious 4-bedroom residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area, the home features a large living area, updated kitchen potential, and a private backyard.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1998
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $948.0 / Month
Neighborhood Insights
California Unified Schools
Silver Oak Elementary School
Grades K-6 • 0.7 mi
Laurelwood Elementary School
Grades K-6 • 1.2 mi
James Franklin Smith Elementary School
Grades K-6 • 1.4 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 89% |
| Baths | 3.0 | 2.0 | 86% |
| Square foot | 1,969 | 1,497 | 91% |
| Lot Size | - | - | 50% |
| Price | $1.20M | $720.0K | 94% |
| Price per sq ft | $609 | $494 | 91% |
| Built year | 1998 | 1978 | 91% |
| HOA | $948.0 | $1.4K | 3% |
| Days on market | 1130 | 203 | 0% |
Pricing History
Listed for Sale
Feb 1, 2023
$1,199,000
Initial Listing