358 Spar Avenue, California, San Jose, 95117 - 4 bed, 2 bath
358 Spar Avenue
California
Property Price
SUMMARY
Analysis of 358 Spar Avenue, California reveals a Fairly Priced Property with a current list price of $1,780,000 aligned with the estimated $1,780,000 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the California Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 358 Spar Avenue Subject | $1,780,000* List Price | 4 | 2 | 1,722 | $1,034 | - |
A 3150 Riddle Road Sold | $1,760,000 | 5 | 3 | 1,613 | $1,091 | 0.4 mi |
B 764 Onyx Court Sold | $1,730,000 | 3 | 2 | 1,291 | $1,340 | 0.6 mi |
C 1071 Eden Avenue Sold | $1,720,000 | 3 | 2 | 1,377 | $1,249 | 1.0 mi |
D 435 Rosewood Ave Sold | $1,563,000 | 3 | 1 | 1,404 | $1,113 | 0.2 mi |
E 769 Coakley Drive Pending | $1,688,888 List Price | 4 | 2 | 1,922 | $879 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1953, this property is over 70 years old. While the kitchen features updated elements like granite countertops, a 5-burner gas stove, and a built-in bar with a mini-fridge, the description lacks details on the recency of these updates or the condition and style of the bathrooms, flooring throughout the rest of the home, light fixtures, or major systems (HVAC, electrical). Without images or further information on comprehensive renovations, it's assumed that while the kitchen has seen some improvements, other areas likely show their age or have dated updates. This aligns with a 'Fair' condition, indicating an aged but maintained property where major components are functional but may appear outdated, and minor updates or repairs are likely needed.
PROSSTRENGTHS & OPPORTUNITIES
- Premier Location & Amenities Access
Strategically located just minutes from Santana Row and Westfield Valley Fair, offering unparalleled access to high-end shopping, diverse dining, and entertainment.
- Expansive & Mature Outdoor Living
Features an exceptionally large 9,525 sqft lot, unique for the area, boasting a lush garden oasis with abundant fruit trees, fragrant roses, and a private arbor, ideal for relaxation and entertaining.
- Functional & Family-Oriented Floor Plan
The spacious ranch-style home offers an efficient 4-bedroom layout, including an ensuite primary, designed to comfortably accommodate growing families and large social gatherings.
CONSRISKS & DEFICIENCIES
- Prolonged Market Duration
The property has been on the market since July 2022 at its initial list price, indicating potential overpricing or a lack of buyer interest that warrants further investigation.
- Age of Construction & Potential Systems
Built in 1953, the home's age suggests potential for original or aging systems (e.g., plumbing, electrical, HVAC) that may require future updates or maintenance beyond the described kitchen improvements.
- Limited Bathroom Count
With only two bathrooms for four bedrooms, the property may not meet the modern expectations for bathroom-to-bedroom ratio at this price point, potentially impacting buyer appeal.
About 358 Spar Avenue
Imagine coming home to a lush garden oasis yet being just minutes away walking or driving to Santana Row and Westfield Valley Fair with a wide selection of shops and international restaurants. This spacious ranch-style home on an over 9,000 square foot lot is unique in the area. Surrounded by abundant fruit trees (pomegranate, plum, apple, pear, apricot, peach, avocado, orange, lime, lemon and more), fragrant roses, you'll feel miles away from it all without sacrificing any convenience. Enjoy a quiet afternoon in a private arbor with room for a fire pit. The efficient floor plan is perfect for the busy professional but can also accommodate a growing familyand large family gatherings. Four bedrooms including an ensuite primary bedroom. The kitchen features 5-burner gas stove, generous granite kitchen countertops, a built-in bar with mini-fridge, and a spacious dining room make this the home where the kids will want to bring their friends, and family will want to gather.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1953
- Lot Size
- 9,525 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,722 | 1,646 | 58% |
| Lot Size | 9,525 | 8,344 | 75% |
| Price | $1.78M | $1.97M | 42% |
| Price per sq ft | $1.0K | $1.2K | 33% |
| Built year | 1953 | 1954 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 1328 | 163 | 0% |
Pricing History
Listed for Sale
Jul 18, 2022
$1,780,000
Initial Listing