2209 Summereve Court, San Jose, California 95122, San Jose, 95122 - 1 bed, 1 bath
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2209 Summereve Court
San Jose, California 95122
ACTIVE
CONDITION: GOOD
1Beds
1Baths
512Sq Ft
0Lot Size
Property Price
LIST PRICE$399,999
EST. MARKET VALUE
$353,396
13% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium represents a High-Potential Investment Opportunity, listed at $399,999—positioned above the $353,396 Fair Market Value. While priced at a premium, the property features a rare Assumable VA Mortgage and an Excellent Condition Rating with modern updates like a split-system HVAC and renovated bath. Residents enjoy a Private Patio with Pond Views and community amenities including a pool and tennis courts. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, move-in ready home in Silicon Valley.
Estimated Market Value
$353,396
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2209 Summereve Court Subject 1 bd · 1 ba · 512 sqft · $690 | $399,999* List Price | 1 | 1 | 512 | $690 | - |
A 2386 Balme Drive Sold 1 bd · 1 ba · 648 sqft · $563 · 0.3 mi | $365,000 | 1 | 1 | 648 | $563 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1985, the property is well-maintained and move-in ready with significant updates including a newer split-system HVAC, dual-pane windows, and updated flooring. The kitchen features modern stainless steel appliances and the bathroom has been recently renovated, placing it firmly in the 'Good' category.
PROSSTRENGTHS & OPPORTUNITIES
- Assumable Financing Advantage
The property features a low-rate assumable VA mortgage, providing a rare and significant financial incentive that can lower monthly payments for qualified buyers in a high-interest market.
- Modernized & Move-In Ready
Extensively updated with new flooring, dual-pane windows, a split-system HVAC, and a renovated bathroom, ensuring a turnkey experience with minimal immediate maintenance needs.
- Desirable Setting & Amenities
This ground-floor unit offers a private patio with serene pond views within a gated community that includes premium amenities such as a pool, tennis courts, and comprehensive HOA coverage.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
The $618 monthly association fee is relatively high for a 512-square-foot unit, which may impact overall affordability and the debt-to-income ratio for some buyers.
- Limited Square Footage
At just 512 square feet, the compact living space and single-bedroom layout may limit the property's appeal to a smaller demographic of singles or investors.
About 2209 Summereve Court
This property features a low rate assumable VA mortgage to qualified buyers, available investors and owner occupants. Welcome to 2209 Summereve Court, an updated ground-floor 1-bedroom, 1-bath condominium in the gated Summerton community. Move-in ready with updated flooring, dual-pane windows, split-system heating and air conditioning, in-unit laundry, and an updated bathroom. The bright, spacious living area opens to a private patio overlooking a peaceful pond. Assigned covered carport. Community amenities include a pool, tennis courts, walking paths, water features, and maintained grounds. HOA includes water, garbage, cable, roof, and exterior maintenance. Convenient to downtown San Jose, shopping, dining, parks, and major commute routes. A great opportunity for first-time buyers, downsizers, or investors seeking low-maintenance living in Silicon Valley.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $618.0 / Month
Neighborhood Insights
San Jose Unified Schools
Jeanne R. Meadows Elementary School
Grades K-6 • 0.2 mi
7/10
Robert F. Kennedy Elementary School
Grades K-6 • 0.7 mi
4/10
Yerba Buena High School
Grades 9-12 • 0.4 mi
5/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 2.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 512 | 1,090.036 |
| Lot Size | - | 1,343.164 |
| Price | $400.0K | $635.7K |
| Price per sq ft | $781 | $614 |
| Built year | 1985 | 1988 |
| HOA | $618.0 | $602 |
| Days on market | 5 | 58 |
Pricing History
Listed for Sale
Oct 19, 2026
$399,999
Initial Listing
Sold
Jul 19, 2018
$412,000
Public Record
Sold
Apr 15, 2010
$104,500
Public Record
Sold
Apr 15, 2010
$104,500
Public Record
Sold
Sep 19, 2002
$179,000
Public Record