2323 Samaritan Drive 4, San Jose, California 95124, San Jose, 95124 - 2 bed, 1 bath
ACTIVE$560,000
2323 Samaritan Drive 4, San Jose, California 95124
2Beds
1Bath
798Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Exceptional Location: Borders Los Gatos, offering prime proximity to Samaritan Hospital, medical facilities, shopping centers, highly-rated schools, and convenient freeway access, enhancing desirability and potential for appreciation.
Top Cons:
High Monthly Association Fee: A substantial association fee of $575.0 per month adds a significant ongoing cost, which could impact affordability for buyers and reduce cash flow for investors.
Compared to the nearby listings
Price:$560.0K vs avg $688.0K ($-128,000)14%
Size:798 sqft vs avg 903 sqft29%
Price/sqft:$702 vs avg $73443%
More Insights
Built in 1973 (52 years old).
Condition: The property was built in 1973, making it 51 years old. While the exterior and common areas appear generally maintained, there are no interior images provided, especially for critical areas like the kitchen and bathroom. For a property of this age without any mentioned renovations, it is highly probable that the kitchen and bathroom are significantly outdated and would require substantial rehabilitation to meet current standards and buyer expectations. The absence of interior photos often suggests that these areas are not a selling point and likely need major updates, aligning with the 'Poor' condition criteria.
Year Built
1973
Close
-
List price
$560K
Original List price
$560K
Price/Sqft
$702
HOA
$575
Days on market
-
Sold On
-
MLS number
ML82021457
Home ConditionPoor
Features
Deck
Pool
View-
About this home
Wonderful opportunity to own this charming condo bordering Los Gatos and close proximity to Samaritan Hospital, medical facilities, shopping, schools and freeway access. Tucked away in this serene complex with community pool and meandering lush green walkways. The open floor plan is ideal for entertaining with a welcoming balcony for endless BBQ's and relaxation. Perfect for first time home buyers or an investment property. Take advantage of decreasing interest rates and schedule your private tour today as this gem will not last long!!!
Nearby schools
9/10
Carlton Elementary School
Public,•K-5•0.3mi
9/10
Union Middle School
Public,•6-8•0.7mi
8/10
Leigh High School
Public,•9-12•1.2mi
8/10
Branham High School
Public,•9-12•2.4mi
Condition Rating
Poor
The property was built in 1973, making it 51 years old. While the exterior and common areas appear generally maintained, there are no interior images provided, especially for critical areas like the kitchen and bathroom. For a property of this age without any mentioned renovations, it is highly probable that the kitchen and bathroom are significantly outdated and would require substantial rehabilitation to meet current standards and buyer expectations. The absence of interior photos often suggests that these areas are not a selling point and likely need major updates, aligning with the 'Poor' condition criteria.
Pros & Cons
Pros
Exceptional Location: Borders Los Gatos, offering prime proximity to Samaritan Hospital, medical facilities, shopping centers, highly-rated schools, and convenient freeway access, enhancing desirability and potential for appreciation.
Desirable Community Amenities: The serene complex features a community pool and meandering lush green walkways, providing recreational opportunities and a pleasant, resort-like living environment.
Functional Layout & Outdoor Space: An open floor plan is ideal for entertaining, complemented by a welcoming balcony perfect for relaxation and outdoor dining, adding to the property's livability.
Broad Market Appeal: Marketed as an excellent opportunity for both first-time home buyers and investors, indicating a wide pool of potential purchasers and strong demand.
Strong School Ratings: Located near highly-rated public schools such as Carlton Elementary (9), Union Middle (9), Branham High (8), and Leigh High (8), which is a significant draw for families.
Cons
High Monthly Association Fee: A substantial association fee of $575.0 per month adds a significant ongoing cost, which could impact affordability for buyers and reduce cash flow for investors.
Older Construction: Built in 1973, the property is over 50 years old. While described as 'charming,' this age may imply potential for outdated systems, finishes, or deferred maintenance not explicitly mentioned as updated.
Limited Space & Bathroom Count: With 798 sqft and only one bathroom for a two-bedroom unit, the property offers relatively compact living space and limited bathroom facilities, which could be a drawback for some buyers or families requiring more room or convenience.