
San Jose, California 95117
This Spacious Condominium represents a Strong Value Opportunity, listed at a List Price of $624,999—positioned well below the $624,999 Fair Market Value. While currently priced at market, the property offers a Good Condition Rating with modern updates like Granite Countertops and Recessed Lighting. Located just 0.3 miles from the highly-rated George C. Payne Elementary School, this home provides a stable, move-in ready environment in a prime Silicon Valley location. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a functional, well-located residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3598 Payne Avenue 9 Subject 3 bd · 2 ba · 1,080 sqft · $579 | $624,999* List Price | 3 | 2 | 1,080 | $579 | - |
A 3592 Payne Ave 6 Sold 3 bd · 2 ba · 1,080 sqft · $579 · 0.1 mi | $625,000 | 3 | 2 | 1,080 | $579 | 0.1 mi |
B 1369 Phelps Avenue 2 Sold 2 bd · 1 ba · 840 sqft · $625 · 0.1 mi | $525,000 | 2 | 1 | 840 | $625 | 0.1 mi |
C 4010 Williams Road 4 Sold 2 bd · 2 ba · 992 sqft · $654 · 0.7 mi | $649,000 | 2 | 2 | 992 | $654 | 0.7 mi |
D 3826 Panda Lane Sold 2 bd · 2 ba · 1,324 sqft · $604 · 0.8 mi | $800,000 | 2 | 2 | 1,324 | $604 | 0.8 mi |
E 3128 Loma Verde Drive 219 Active 2 bd · 2 ba · 901 sqft · $665 · 0.7 mi | $599,000 List Price | 2 | 2 | 901 | $665 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1963, the interior has undergone significant updates. The kitchen features granite countertops and raised-panel cabinetry typical of a 10-15 year old renovation, and the living spaces include recessed lighting and well-maintained flooring. The property is move-in ready and functional, fitting the 'Good' criteria for its age and renovation status.
Situated in a highly convenient area near major tech employers, shopping, and dining, offering excellent accessibility for commuters and professionals.
The property is zoned for well-rated schools, including George C. Payne Elementary (Rating 7) located just 0.3 miles away, making it highly attractive for families.
Priced under $630,000 for a 3-bedroom unit in San Jose, this home represents a strong value proposition for first-time buyers or investors in a high-demand market.
Built in 1963, the property may require updates to its original systems or aesthetic finishes to meet modern standards and buyer expectations.
With 65 days on the market and a recent price reduction, the listing may face perception challenges regarding its initial valuation or underlying condition.
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 | 1,090.036 |
| Lot Size | - | 1,343.164 |
| Price | $625.0K | $635.7K |
| Price per sq ft | $579 | $614 |
| Built year | 1963 | 1988 |
| HOA | $471.0 | $602 |
| Days on market | 97 | 58 |
Sep 16, 2026
$624,999
$649,888
-4% Price Drop
Initial Listing
Jul 19, 2026
$649,888
Initial Listing
Feb 22, 2022
$280,000
Public Record