
San Jose, California 95123
This Turnkey Condominium is a Strong Value Opportunity, listed at $699,888—positioned well below the $639,435 Fair Market Value by -9%. Featuring a Condition Rating of 2, this home offers modern upgrades including quartz countertops, remodeled bathrooms, and energy-efficient windows. Residents enjoy community amenities like a pool and hot tub, plus the benefit of being zoned for the highly-rated Santa Teresa High School. With no rental restrictions, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in-ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 347 Oleander Drive Subject | $699,888* List Price | 2 | 2 | 981 | $652 | - |
A 5696 Makati Circle H Sold | $609,000 | 2 | 2 | 989 | $616 | 0.6 mi |
B 5705 Makati Circle F Sold | $612,000 | 2 | 2 | 995 | $615 | 0.5 mi |
C 5280 Makati Circle Sold | $535,000 | 2 | 2 | 989 | $541 | 0.7 mi |
D 5232 Makati Circle Sold | $640,000 | 2 | 2 | 1,233 | $519 | 0.6 mi |
E 5244 Makati Circle Sold | $670,000 | 2 | 2 | 1,233 | $543 | 0.6 mi |
F 5951 Sunstone Drive 311 Sold | $569,000 | 2 | 1 | 800 | $711 | 0.4 mi |
G 5691 Makati Circle G Active | $599,000 List Price | 2 | 2 | 989 | $606 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1998, the property has undergone a high-quality, comprehensive renovation within the last 5 years. The kitchen features modern quartz countertops and a farmhouse sink, bathrooms are fully remodeled with contemporary tile and glass enclosures, and the home features updated laminate flooring and energy-efficient windows throughout, making it move-in ready with no maintenance required.
The property is in move-in-ready condition featuring a remodeled kitchen with quartz countertops, updated bathrooms, and high-quality laminate flooring throughout.
With no rental restrictions and a relatively low HOA fee of $320 per month, this condo offers excellent potential for both owner-occupants and long-term investors.
The home is zoned for highly-rated schools, including Santa Teresa High School (8/10), which significantly enhances the property's long-term value and desirability.
With 73 days on the market and a recent price reduction, the property may face buyer skepticism or perceived value issues despite its updated condition.
At 981 square feet, the living space is relatively compact for a two-bedroom unit, which may be a drawback for buyers seeking more spacious common areas.
Welcome to this beautifully maintained 2-bedroom, 2-bathroom condo. Pride of ownership is evident throughout this move-in-ready home, thoughtfully upgraded and cared for by the seller. The updated kitchen features elegant quartz countertops, a stylish glass tile backsplash, and well-maintained cabinetry. Both bathrooms have been tastefully remodeled with contemporary finishes, offering comfort and style. Additional features include attractive laminate flooring throughout, plantation shutters on all windows, and energy-efficient double-pane windows that provide abundant natural light while enhancing comfort and privacy. Ideally situated with easy access to major freeways, shopping, dining, parks, and everyday conveniences, this condo offers the perfect combination of comfort, convenience, and modern living. One of the property's standout advantages is its flexibility with no rental restrictions, making it an excellent opportunity for owner-occupants, investors, or buyers seeking future rental potential. Plus the low HOA $320 per month that includes access to swimming poll and hot tub. Previous transaction fell through through no fault of the sellercreating a renewed opportunity for the next buyer to own this exceptional, move-in-ready home.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 5-8 • 1.9 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 981 | 1,088.503 |
| Lot Size | - | 1,303.863 |
| Price | $699.9K | $648.7K |
| Price per sq ft | $713 | $614 |
| Built year | 1998 | 1987 |
| HOA | $320.0 | $594 |
| Days on market | 96 | 56 |
Aug 21, 2026
$699,888
$720,000
-3% Price Drop
Initial Listing
Jun 5, 2026
$720,000
Initial Listing
Apr 28, 2015
$531,000
Public Record
Oct 26, 2011
$93,500
Public Record
Nov 20, 1998
$211,000
Public Record