259 N Capitol Avenue 116, San Jose, California 95127, San Jose, 95127 - 1 bed, 1 bath
ACTIVE$399,999
259 N Capitol Avenue 116, San Jose, California 95127
1Bed
1Bath
828Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Enhanced Bedroom Count: Uniquely redesigned from a legal 1-bedroom to a functional 2-bedroom, offering increased living space and flexibility.
Top Cons:
Unverified Bedroom Conversion: The second bedroom is a non-legal conversion from a 1-bedroom unit, which may raise concerns regarding permits, appraisal, financing, or future resale value.
Compared to the nearby listings
Price:$400.0K vs avg $400.0K ($-0.5)50%
Size:828 sqft vs avg 802.5 sqft50%
Price/sqft:$483 vs avg $48950%
More Insights
Built in 1977 (48 years old).
Condition: Built in 1977, this condo has undergone a recent cosmetic 'redesign' as stated in the description. The visible areas, including the bedroom and bathroom, feature new-looking laminate flooring and fresh paint, making the property appear clean and move-in ready. While the bathroom vanity and light fixture are dated in style, they are functional and well-maintained. The absence of kitchen images makes a full assessment challenging, but assuming the 'redesigned' claim extends to the kitchen with similar updates, the property fits the 'Good' category, indicating it's move-in ready with updated components, though not a full, high-end renovation.
Year Built
1977
Close
-
List price
$400K
Original List price
$425K
Price/Sqft
$483
HOA
$486
Days on market
-
Sold On
-
MLS number
ML82011322
Home ConditionGood
Features
Pool
Spa
Patio
View-
About this home
Do not miss out on this needle in a haystack gem!!!! Why get a one bedroom one bath when you can purchase this redesigned two bedroom one bath condo! Rare opportunity: This property is legally a one bedroom one bath that was personalized into a two bedroom one bath home. This is the only one bedroom one bath on public record here at this community, currently, that is being offered with a second bedroom due to its redesign. Purchasing this condo is like hitting a jackpot!! This cozy home offers all the bells and whistles inside and out. The patio offers that breath of fresh air we all need from time to time. The on-site amenities include several laundry rooms, a pool, workout area, recreational center and a secure gated community. Make every day a great day by coming home to this condo! The condo is on combo lockbox and is vacant.
Nearby schools
4/10
Anthony P. Russo Academy
Public,•K-5•0.4mi
/10
James Mcentee Academy
Public,•3-5•0.4mi
4/10
William Sheppard Middle School
Public,•6-8•0.4mi
4/10
James Lick High School
Public,•9-12•0.7mi
Condition Rating
Good
Built in 1977, this condo has undergone a recent cosmetic 'redesign' as stated in the description. The visible areas, including the bedroom and bathroom, feature new-looking laminate flooring and fresh paint, making the property appear clean and move-in ready. While the bathroom vanity and light fixture are dated in style, they are functional and well-maintained. The absence of kitchen images makes a full assessment challenging, but assuming the 'redesigned' claim extends to the kitchen with similar updates, the property fits the 'Good' category, indicating it's move-in ready with updated components, though not a full, high-end renovation.
Pros & Cons
Pros
Enhanced Bedroom Count: Uniquely redesigned from a legal 1-bedroom to a functional 2-bedroom, offering increased living space and flexibility.
Comprehensive Community Amenities: Residents benefit from a wide array of on-site amenities including a pool, workout area, recreational center, multiple laundry rooms, and a secure gated community.
Attractive Price Adjustment: The current list price reflects a significant reduction from a previous higher price, presenting a compelling value proposition for potential buyers.
Private Outdoor Patio: The inclusion of a private patio provides desirable personal outdoor living space for relaxation.
Desirable School Proximity: Located near well-rated public schools (K-12) with ratings of 4, enhancing its appeal for families.
Cons
Unverified Bedroom Conversion: The second bedroom is a non-legal conversion from a 1-bedroom unit, which may raise concerns regarding permits, appraisal, financing, or future resale value.
Substantial Monthly HOA Fees: The $486.0 monthly association fee is a notable recurring expense that buyers must factor into their budget.
Aging Building Infrastructure: Constructed in 1977, the property's age (over 45 years) suggests potential for older building systems and future maintenance considerations for the building.