3598 Payne Avenue 9, San Jose, California 95117, San Jose, 95117 - 3 bed, 2 bath
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3598 Payne Avenue 9
San Jose, California 95117
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,080Sq Ft
0Lot Size
Property Price
LIST PRICE$649,888
EST. MARKET VALUE
$623,766
4% AboveMARKET VALUE
SUMMARY
This 3-bedroom condominium represents a High-Potential Investment Opportunity, listed at $649,888—positioned well below the $623,766 Fair Market Value by -4%. Featuring a Condition Rating of 3, the unit includes a renovated granite kitchen and updated cabinetry. Located near George C. Payne Elementary (Rating 7), the property offers a blend of lifestyle convenience and long-term stability. With its prime Silicon Valley location and mountain views, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an entry-level home in a high-demand market.
Estimated Market Value
$623,766
Based on Realkey algorithm analyzing recent comparable sales in San Jose.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3598 Payne Avenue 9 Subject | $649,888* List Price | 3 | 2 | 1,080 | $578 | - |
A 3592 Payne Ave 6 Sold | $625,000 | 3 | 2 | 1,080 | $579 | 0.1 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 219 Active | $599,999 List Price | 2 | 2 | 901 | $666 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
While the building was constructed in 1963, the unit features a renovated kitchen with granite countertops, updated wood cabinetry, and tile flooring likely completed within the last 10-15 years. The interior is well-maintained with crown molding and updated doors, making it functional and move-in ready.
PROSSTRENGTHS & OPPORTUNITIES
- Strategic Silicon Valley Location
Situated in a prime San Jose area, the property offers excellent proximity to major tech employers, shopping, and key freeways, making it ideal for commuters.
- Exceptional Value for 3 Bedrooms
Priced under $650,000, this 3-bedroom condo represents a rare entry-level opportunity in a high-demand market, appealing to both first-time buyers and investors.
- Proximity to Quality Schools
The home is located within walking distance of George C. Payne Elementary, which boasts a strong rating of 7, adding long-term desirability for families.
CONSRISKS & DEFICIENCIES
- Aging Building Structure
Constructed in 1963, the property may require modernization of its systems or interior finishes to meet contemporary standards and energy efficiency.
- Significant Monthly HOA Dues
The $471 monthly association fee represents a substantial recurring expense that impacts overall affordability and the buyer's monthly debt-to-income ratio.
About 3598 Payne Avenue 9
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!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1963
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $471.0 / Month
Neighborhood Insights
San Jose Unified Schools
George C. Payne Elementary School
Grades K-5 • 0.3 mi
7/10
Moreland Middle School
Grades 6-8 • 1.3 mi
6/10
Prospect High School
Grades 9-12 • 2.2 mi
7/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,080 | 1,088.503 |
| Lot Size | - | 1,303.863 |
| Price | $649.9K | $648.7K |
| Price per sq ft | $602 | $614 |
| Built year | 1963 | 1987 |
| HOA | $471.0 | $594 |
| Days on market | 52 | 56 |
Pricing History
Listed for Sale
Jul 19, 2026
$649,888
Initial Listing
Sold
Feb 22, 2022
$280,000
Public Record