388 Ribbonwood Avenue, San Jose, California 95123, San Jose, 95123 - 3 bed, 3 bath
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388 Ribbonwood Avenue
San Jose, California 95123
ACTIVE
CONDITION: GOOD
3Beds
3Baths
1,378Sq Ft
696Lot Size
Property Price
LIST PRICE$949,000
EST. MARKET VALUE
$851,840
11% AboveMARKET VALUE
SUMMARY
This Turnkey Condominium is a Strong Value Opportunity, listed at $949,000—positioned well above the $851,840 Fair Market Value by 11%. While priced at a premium, the property maintains a Good Condition Rating with a modern kitchen, central AC, and pool/spa access. Located near major transit corridors and top-rated schools like Santa Teresa High (8/10), it offers a high-convenience lifestyle. This move-in ready residence is an ideal choice for first-time buyers or owner-occupants seeking a well-maintained home in a prime San Jose location.
Estimated Market Value
$851,840
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 |
|---|---|---|---|---|---|---|
★ 388 Ribbonwood Avenue Subject | $949,000* List Price | 3 | 3 | 1,378 | $618 | - |
A 330 Oleander Drive Sold | $970,000 | 3 | 3 | 1,378 | $704 | 0.1 mi |
B 5925 Charlotte Drive 413 Sold | $795,000 | 3 | 2 | 1,505 | $528 | 0.4 mi |
C 5244 Makati Circle Sold | $670,000 | 2 | 2 | 1,233 | $543 | 0.7 mi |
D 5230 Makati Circle Sold | $680,000 | 2 | 2 | 1,233 | $552 | 0.7 mi |
E 347 Oleander Drive Active | $699,888 List Price | 2 | 2 | 981 | $713 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1999 (25+ years old), the property qualifies as 'Good' due to significant updates including a modern kitchen with new appliances, upgraded bathrooms, and central AC. The interior features newer laminate flooring and is move-in ready, reflecting a well-maintained home that aligns with the 5-15 year renovation criteria.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Connectivity and Amenities
Ideally situated near major highways 85, 87, and 101, as well as premier shopping hubs like Oakridge Mall and Costco, offering exceptional convenience for commuters and residents.
- Modern Interior Upgrades
The home features a recently updated kitchen with modern appliances and central AC, ensuring a move-in-ready experience with contemporary comforts and energy efficiency.
- Access to Quality Education
The property is located within the boundaries of well-regarded schools, including Santa Teresa High School (rated 8/10), which enhances long-term property value and family appeal.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =696, other record lot size in square feet = 2016.
- Minimal Private Outdoor Space
With a lot size of only 696 square feet for a 1,378 square foot residence, the property offers very limited private yard space, which may be a drawback for buyers with pets or children.
- Limited Parking Capacity
The configuration of a single-car garage and one assigned covered space may prove restrictive for a three-bedroom household with multiple vehicles or frequent guests.
About 388 Ribbonwood Avenue
This 3-bedroom, 2.5-bathroom condo offers 1,378 square feet across 2 stories, providing spacious and private living areas. The home features an updated kitchen with modern appliances, central AC, and upgraded toilet seats throughout, adding comfort and convenience. A 1-car garage and assigned covered parking space provide secure parking. Community amenities include a pool and spa. The home is conveniently located near Highways 85, 87, and 101, VTA Light Rail, Kaiser Permanente Santa Teresa, Santa Teresa County Park, Village Oaks, Oakridge Mall, Costco, Trader Joe's, Safeway, shopping, dining, and scenic trails. It is also located within the boundaries of top-rated schools. Located in San Jose's 95123 ZIP code, this well-maintained home combines modern updates with a practical two-story layout. With 2.5 bathrooms, multiple living areas, and desirable upgrades throughout, this condo is move-in ready and highly appealing. Don't miss this opportunity to own a beautifully updated home in a prime location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1999
- Lot Size
- 696 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $320.0 / Month
Neighborhood Insights
San Jose Unified Schools
Oak Ridge Elementary School
Grades K-6 • 0.8 mi
5/10
Herman (Leonard) Intermediate School
Grades 5-8 • 1.9 mi
7/10
Santa Teresa High School
Grades 9-12 • 1.4 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 2.0 |
| Baths | 3.0 | 2.0 |
| Square foot | 1,378 | 1,088.503 |
| Lot Size | 696 | 1,303.863 |
| Price | $949.0K | $648.7K |
| Price per sq ft | $689 | $614 |
| Built year | 1999 | 1987 |
| HOA | $320.0 | $594 |
| Days on market | 21 | 56 |
Pricing History
Listed for Sale
Aug 19, 2026
$949,000
Initial Listing
Sold
May 28, 1999
$300,000
Public Record