3105 La Terrace Circle, San Jose, California 95123, San Jose, 95123 - 2 bed, 2 bath
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San Jose, California 95123
This Turnkey Condominium is a Strong Value Opportunity, listed at $699,000—positioned well above the $668,170 Fair Market Value. While the property carries a premium, it offers a Condition Rating of 3, featuring fresh paint, new appliances, and Pergo flooring. Residents enjoy a tranquil pond view and access to a community pool. The seller’s offer to carry back the first loan provides a unique financing advantage in a competitive market. This is an ideal acquisition for first-time buyers or owner-occupants seeking a move-in ready home near Oakridge Mall.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3105 La Terrace Circle Subject | $699,000* List Price | 2 | 2 | 995 | $672 | - |
A 1411 La Terrace Circle Sold | $615,000 | 2 | 1 | 904 | $680 | 0.1 mi |
B 5913 Lake Almanor Drive Sold | $675,000 | 2 | 2 | 1,002 | $674 | 0.2 mi |
C 1005 Foxchase Drive Sold | $610,000 | 1 | 2 | 964 | $633 | 0.9 mi |
D 1031 Foxchase Drive Sold | $641,000 | 2 | 2 | 1,154 | $555 | 0.9 mi |
E 792 Warring 3 Sold | $515,000 | 2 | 1 | 903 | $570 | 0.9 mi |
F 918 Owens Lake Drive Sold | $595,000 | 2 | 1 | 867 | $686 | 0.1 mi |
G 5727 Playa Del Rey 3 Sold | $500,000 | 2 | 1 | 903 | $554 | 0.8 mi |
H 2004 La Terrace Circle Sold | $495,000 | 1 | 1 | 650 | $762 | 0.2 mi |
I 2504 La Terrace Circle Active | $697,000 List Price | 2 | 2 | 995 | $701 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1985 (39 years old), the property is move-in ready due to recent cosmetic updates including fresh interior paint, new Pergo flooring, and new kitchen appliances. It features functional systems like central air conditioning and appears well-maintained, meeting the criteria for a functional, updated older home.
This desirable end-unit is ideally situated within walking distance to Oakridge Mall and the San Jose Light Rail, offering excellent proximity to Almaden Lake Park and major freeway access for easy commuting.
The interior features several recent upgrades, including fresh paint, new appliances, Pergo flooring, and updated window coverings, providing a turnkey experience for the new owner.
To mitigate current market hurdles, the seller is offering to carry back the first loan, a significant advantage for buyers facing traditional financing challenges in this specific complex.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3856, other record lot size in square feet = 436.
The monthly HOA fee of $728 is relatively high for the area and property type, which may impact a buyer's monthly affordability and overall debt-to-income ratio.
The explicit mention of financing challenges and the 58-day market duration suggest potential issues with the complex's eligibility for certain loan types, which could limit the pool of qualified buyers.
Owner Financing is available. This ground-floor end unit offers two bedrooms, two bathrooms, in unit washer/dryer located in a peaceful setting with the master bedroom overlooking the pond and pool area. Central air conditioning and a storage closet off the patio. One covered assigned parking space is included. Many open guest parking is available. Move-in ready with fresh interior paint, Pergo flooring, new appliances and updated window coverings. Enjoy outdoor living on the tranquil, private patio- perfect for entertaining or relaxing. Conveniently located near Almaden Lake, Oakridge Mall, and major freeway access. Walking distance to Oakridge mall and the San Jose light rail . Prime end unit location in the desirable Lake View Complex.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 995 | 988 |
| Lot Size | 3,856 | 1,550 |
| Price | $699.0K | $671.0K |
| Price per sq ft | $703 | $625 |
| Built year | 1985 | 1985 |
| HOA | $728.0 | $586 |
| Days on market | 83 | 48 |
May 19, 2026
$699,000
$740,000
-6% Price Drop
Initial Listing
May 1, 2026
$740,000
Initial Listing
Nov 13, 2019
$625,000
Public Record
May 15, 2015
$475,000
Public Record