2561 Yerba Bank, San Jose, California 95121, San Jose, 95121 - 3 bed, 2 bath
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2561 Yerba Bank
San Jose, California 95121
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,216Sq Ft
772Lot Size
Property Price
LIST PRICE$898,000
EST. MARKET VALUE
$863,872
3% AboveMARKET VALUE
SUMMARY
This Move-In Ready Condominium is a Strong Value Opportunity, listed at $898,000—positioned well above the $863,873 Fair Market Value by 3%. While currently priced above the estimated market value, the property features a Good Condition Rating with recent cosmetic updates, including luxury vinyl flooring and stainless steel appliances. The functional floor plan, which includes a rare main-level bedroom and bath, offers significant lifestyle utility. Located in a top-rated school district with community pool and spa access, this is an ideal choice for first-time buyers or Owner-Occupants seeking a turnkey residence.
Estimated Market Value
$863,872
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 |
|---|---|---|---|---|---|---|
★ 2561 Yerba Bank Subject | $898,000* List Price | 3 | 2 | 1,216 | $710 | - |
A 2845 Buena Knoll Court Sold | $785,000 | 2 | 2 | 1,050 | $748 | 0.2 mi |
B 2507 Yerba Hills Court Sold | $810,000 | 2 | 2 | 1,050 | $771 | 0.1 mi |
C 2732 Buena View Court Sold | $810,000 | 2 | 2 | 1,050 | $771 | 0.1 mi |
D 2538 Yerba Hills Court Active | $875,000 List Price | 3 | 2 | 1,050 | $833 | 0.0 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 1988, the property is well-maintained and move-in ready with significant cosmetic updates. It features newer luxury vinyl flooring throughout, updated stainless steel appliances, and fresh paint. While the kitchen retains older tile countertops and painted cabinetry, the overall functional condition and recent interior refreshes align with the 'Good' criteria for a 5-15 year renovation profile.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Corner Location
Positioned as the best unit in the complex, this corner residence offers enhanced privacy, northern exposure for natural light, and pleasant views of the greenbelt and playground.
- Versatile Floor Plan
The highly functional layout includes a rare main-level bedroom and full bathroom, making it ideal for multi-generational living, guests, or a dedicated home office.
- Low HOA & Maintenance
A competitive $357 monthly HOA fee covers significant expenses including roof and exterior maintenance, while providing access to community amenities like a pool and spa.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =772, other record lot size in square feet = 435.
- Market Stagnation
The property has been on the market for 42 days and has already undergone a significant $50,000 price reduction, which may indicate initial overpricing or cooling buyer interest.
- Limited Outdoor Space
With a lot size of only 772 sq ft, the property lacks a traditional backyard, restricting outdoor activities to a small private patio.
About 2561 Yerba Bank
The corner unit best location in the complex, and it shows. Ideal floor plan with excellent exposure, playground and greenbelt views, and natural privacy on two sides. Northern exposure floods every room with light and keeps mornings cool year-round. Three true bedrooms, two full baths across 1,216 sq ft of clean, well-maintained living. The floor plan is one of the most functional in the complex: a full bedroom and bath on the main level ideal for guests, in-laws, or a dedicated home office and two bedrooms upstairs including a primary suite with walk-in closet and private bath. Everyone has their own space. Open living and dining area flows into an updated kitchen with newer stainless steel appliances, tile countertops, and a sunny breakfast nook. Gas fireplace, luxury vinyl flooring throughout. In-unit washer/dryer, private patio, two-car attached garage. Pool, spa, mature trees, and greenbelts throughout the community. Low HOA covers roof, exterior maintenance, and all common areas. Top-rated Evergreen schools, easy freeway access, shopping and dining minutes away. Owner-occupied and move-in ready.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1988
- Lot Size
- 772 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $357.0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,216 | 1,088.503 |
| Lot Size | 772 | 1,303.863 |
| Price | $898.0K | $648.7K |
| Price per sq ft | $738 | $614 |
| Built year | 1988 | 1987 |
| HOA | $357.0 | $594 |
| Days on market | 50 | 56 |
Pricing History
Listed for Sale
Aug 25, 2026
$898,000
$948,888
-5% Price Drop
Initial Listing
Price Change
Jul 21, 2026
$948,888
Initial Listing
Sold
May 31, 2024
$970,000
Public Record
Sold
Nov 30, 2018
$790,000
Public Record
Sold
Jul 19, 2006
$137,000
Public Record