2929 Kring Drive, San Jose, California 95125, San Jose, 95125 - 3 bed, 2 bath
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San Jose, California 95125
This Spacious Willow Glen Residence represents a stable market acquisition, listed at $1,875,000—aligning precisely with its $1,875,000 Fair Market Value. Boasting a generous 7,995 sqft lot and a functional 1,824 sqft layout, the home carries a Fair Condition Rating, indicating immediate potential for value-add interior updates to the kitchen and bathrooms. Situated within the reputable San Jose Unified School District near Schallenberger Elementary, the property offers long-term appreciation in a high-demand corridor. This is an optimal choice for Owner-Occupants seeking a customization project or Buy-and-Hold Investors targeting a prime Silicon Valley asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2929 Kring Drive Subject | $1,875,000* List Price | 3 | 2 | 1,824 | $1,028 | - |
A 1592 Wawona Drive Sold | $2,005,000 | 3 | 3 | 1,913 | $1,048 | 0.6 mi |
B 1603 Husted Avenue Sold | $2,100,000 | 3 | 2 | 1,664 | $1,262 | 0.6 mi |
C 2533 2533 Richland Ave Sold | $2,100,000 | 3 | 3 | 1,664 | $1,262 | 0.5 mi |
D 2320 Mazzaglia Avenue Active | $2,395,000 List Price | 3 | 3 | 1,893 | $1,265 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1954, making it 70 years old. While the exterior appears well-maintained with updated paint, windows, and a good roof, there are no interior images provided to assess the condition of the kitchen, bathrooms, appliances, flooring, or other critical interior components. Given its age and the absence of visual evidence of recent major renovations, it's highly probable that the interior, particularly the kitchen and bathrooms, would require updates to meet current styles and modern standards, even if functional. Therefore, it falls into the 'Fair' category, suggesting it's aged but maintained, likely needing minor to moderate interior updates.
Situated in San Jose, a highly sought-after and competitive market, offering strong appreciation potential and access to amenities.
The 7,995 sqft lot provides ample outdoor space, offering potential for landscaping, expansion, or the addition of an Accessory Dwelling Unit (ADU).
As a single-family residence, it represents the most in-demand property type in the market, appealing to a broad range of buyers.
Built in 1954, the home may require significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet modern buyer expectations, incurring additional costs.
Having been on the market since September 2023, its prolonged listing period could suggest overpricing or perceived issues, potentially deterring buyers or leading to lower offers.
The $1.875 million list price, while reflective of the San Jose market, positions it at a premium, potentially limiting the pool of prospective buyers.
Exceptional opportunity in San Jose. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,824 | 1,762 | 56% |
| Lot Size | 7,995 | 6,634 | 72% |
| Price | $1.88M | $2.00M | 42% |
| Price per sq ft | $1.0K | $1.1K | 31% |
| Built year | 1954 | 1953 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 943 | 92 | 0% |
Sep 22, 2023
$1,875,000
Initial Listing