3598 Payne Avenue 9, San Jose, California 95117, San Jose, 95117 - 3 bed, 2 bath
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San Jose, California 95117
This 3-bedroom, 2-bath condominium is a Strong Value Opportunity, listed at $649,888—positioned well below the $676,121 Fair Market Value by 3%. This valuation gap offers $26,233 in Instant Equity. Featuring a Condition Rating of 3 with updated granite kitchen finishes, the home provides a move-in ready interior. Located near top-rated schools like George C. Payne Elementary, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic Silicon Valley entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3598 Payne Avenue 9 Subject | $649,888* List Price | 3 | 2 | 1,080 | $626 | - |
A 3586 Payne Avenue 12 Sold | $500,000 | 2 | 1 | 910 | $549 | 0.0 mi |
B 1369 Phelps Avenue 2 Sold | $525,000 | 2 | 1 | 840 | $625 | 0.1 mi |
C 4010 Williams Road 4 Sold | $649,000 | 2 | 2 | 992 | $654 | 0.7 mi |
D 3128 Loma Verde Drive 112 Sold | $670,000 | 2 | 2 | 901 | $744 | 0.7 mi |
E 3592 Payne Ave 6 Pending | $599,900 List Price | 3 | 2 | 1,080 | $555 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1963, the interior shows a clear renovation likely within the 5-15 year range. The kitchen features updated cabinetry, granite countertops, and tile flooring, while the living areas appear well-maintained and move-in ready.
The property is ideally situated near major tech employers, shopping centers, and key freeways, offering high convenience for commuters and professionals.
Priced under $650,000 for a 3-bedroom unit, this home represents a strong value proposition for first-time buyers or investors looking to enter the San Jose market.
The home is located within walking distance to George C. Payne Elementary (Rating 7) and is served by well-regarded middle and high schools, adding long-term appeal for families.
Built in 1963, the property may require updates to its original systems or interior finishes to meet modern efficiency and aesthetic standards.
The $471 monthly HOA fee adds a significant recurring expense to the cost of ownership, which may impact the overall budget for some buyers.
This charming 3-bedroom, 2-bath home offers approximately 1,080 square feet of comfortable living space in a convenient Silicon Valley location. The functional floor plan provides an inviting living area, well-sized bedrooms, and a layout designed for everyday living. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this home offers exceptional value. Conveniently located near shopping, restaurants, parks, major freeways, and many of Silicon Valley's top employers, you'll enjoy easy access to everything San Jose has to offer. Don't miss this wonderful opportunity to make this home your own!
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,080 | 988 |
| Lot Size | - | 1,550 |
| Price | $649.9K | $671.0K |
| Price per sq ft | $602 | $625 |
| Built year | 1963 | 1985 |
| HOA | $471.0 | $586 |
| Days on market | 3 | 48 |
Jul 19, 2026
$649,888
Initial Listing
Feb 22, 2022
$280,000
Public Record