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3598 Payne Avenue 8, San Jose, California 95117, San Jose, 95117 - 2 bed, 1 bath

3598 Payne Avenue 8, San Jose, California 95117 home-pic-0
ACTIVE$469,999
3598 Payne Avenue 8, San Jose, California 95117
2Beds
1Bath
910Sqft
Lot

Price Vs. Estimate

The estimated value ($488,938.32) is $18,939.32 (0%) lower than the list price ($469,999). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Location & Connectivity: Strategically located with excellent access to major highways (280, 17, 880, 85, 101), top-rated schools, parks, and a wealth of shopping and dining options including Santana Row and Valley Fair Mall.
Top Cons:
Building Age: Constructed in 1963, the property is an older build, which may lead to concerns about aging infrastructure or require future maintenance beyond the unit's recent upgrades.

Compared to the nearby listings

Price:$470.0K vs avg $475.0K ($-5,001)40%
Size:910 sqft vs avg 910 sqft50%
Price/sqft:$516 vs avg $56040%

More Insights

Built in 1963 (62 years old).
Condition: The property was built in 1963, making it over 60 years old. While the listing mentions a 'remodeled bathroom' and 'upgraded tile flooring in the kitchen,' and new carpet, the visual evidence suggests these renovations are not recent enough to qualify as 'good' or 'excellent.' The kitchen features cherry wood-colored cabinets and speckled granite countertops, a style popular 10-20 years ago, not within the last 5 years. The bathroom's wall tile also appears to be from an older renovation, despite newer vanity and fixtures. The appliances are stainless steel and appear functional, but the overall aesthetic of the kitchen and bathroom is dated. The new carpet and fresh paint are positive cosmetic updates, but the underlying style and age of the major components (kitchen cabinets, bathroom tile) align with a property that is aged but maintained, requiring minor updates to meet current standards.
Year Built
1963
Close
-
List price
$470K
Original List price
$499K
Price/Sqft
$516
HOA
$404
Days on market
-
Sold On
-
MLS number
ML82011971
Home ConditionFair
Features
Deck
Pool
View-

About this home

Great condo in excellent condition! Priced attractively at $469,999. 3598 Payne #5 (3 bedrooms, 2 bathrooms) sold on 6/20 for $680,000! This lovely 2-bedroom, 1-bathroom upstairs condo features a living and dining area filled with natural light. Upgraded tile flooring in the kitchen and a remodeled bathroom with a new cabinet, mirror, and light. Enjoy a covered balcony perfect for relaxation or entertainment. Cherry wood-colored kitchen cabinets. New Carpet with 4 Years warranty+ protection plan until 7/2/2029. Prime Location: Close to Payne and Moreland schools, parks, shops, and with easy access to highways 280, 17, 880, 85, and 101 (from San Tomas Expressway). Friendly neighbors. Unleash the Potential! Affordable condo perfect for first-time buyers and investors. This unit offers great potential and should qualify for many loan programs, making it an excellent opportunity to stop renting and start owning. Enjoy the convenience of nearby amenities, including: Two gated swimming pools with chairs, tables, etc. On-site laundry facilities. Quick access to Santana Row, Valley Fair Mall, Downtown Campbell, Westgate Center, Pruneyard shops, and restaurants. Payne elementary, Moreland middle and Prospect high are schools assigned to this property. Too many features to list them all!!!

Nearby schools

7/10
George C. Payne Elementary School
Public,•K-5•0.3mi
6/10
Moreland Middle School
Public,•6-8•1.3mi
7/10
Prospect High School
Public,•9-12•2.2mi
Condition Rating
Fair
The property was built in 1963, making it over 60 years old. While the listing mentions a 'remodeled bathroom' and 'upgraded tile flooring in the kitchen,' and new carpet, the visual evidence suggests these renovations are not recent enough to qualify as 'good' or 'excellent.' The kitchen features cherry wood-colored cabinets and speckled granite countertops, a style popular 10-20 years ago, not within the last 5 years. The bathroom's wall tile also appears to be from an older renovation, despite newer vanity and fixtures. The appliances are stainless steel and appear functional, but the overall aesthetic of the kitchen and bathroom is dated. The new carpet and fresh paint are positive cosmetic updates, but the underlying style and age of the major components (kitchen cabinets, bathroom tile) align with a property that is aged but maintained, requiring minor updates to meet current standards.
Pros & Cons

Pros

Prime Location & Connectivity: Strategically located with excellent access to major highways (280, 17, 880, 85, 101), top-rated schools, parks, and a wealth of shopping and dining options including Santana Row and Valley Fair Mall.
Exceptional Value & Investment Opportunity: Attractively priced at $469,999, offering significant value compared to a recent 3-bed/2-bath sale in the same complex at $680,000, making it ideal for first-time buyers and investors. The current price is also below the estimated property value.
Recent Interior Upgrades: Features a remodeled bathroom with new fixtures, upgraded tile flooring in the kitchen, and new carpet with an extended warranty, contributing to its 'excellent condition'.
Desirable Community Amenities: Residents benefit from access to two gated swimming pools and convenient on-site laundry facilities, enhancing lifestyle and convenience.
Abundant Natural Light & Private Balcony: The living and dining areas are filled with natural light, complemented by a private covered balcony, providing an inviting space for relaxation and entertainment.

Cons

Building Age: Constructed in 1963, the property is an older build, which may lead to concerns about aging infrastructure or require future maintenance beyond the unit's recent upgrades.
Compact Floor Plan: With 910 square feet, 2 bedrooms, and 1 bathroom, the unit offers a relatively compact living space, which might be a limitation for buyers seeking larger accommodations or growing families.
Monthly Association Fee: A monthly association fee of $404.0 adds a recurring cost to homeownership, which could impact affordability for some potential buyers.

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