4049 Payne, San Jose, California 95117, San Jose, 95117 - 4 bed, 2 bath
4049 Payne
San Jose, California 95117
Property Price
SUMMARY
Analysis of 4049 Payne, San Jose, California 95117 reveals a Fairly Priced Property with a current list price of $1,988,000 aligned with the estimated $2,047,571 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the San Jose Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4049 Payne Subject | $1,988,000* List Price | 4 | 2 | 1,769 | $1,157 | - |
A 3294 Pearltone Drive Sold | $2,415,000 | 3 | 2 | 1,754 | $1,377 | 1.0 mi |
B 744 Boynton Avenue Active | $1,868,999 List Price | 4 | 3 | 1,863 | $1,003 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features high-quality updates, including a remodeled kitchen (2017) with a Viking gas range and granite countertops, and tastefully updated bathrooms. While originally built in 1963, it has been well-maintained with recent improvements such as newly installed flooring and a brand-new water heater (2025). It fits the 'Good' criteria as the major renovations occurred within the 5 to 15-year window and the home requires no immediate repairs.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Silicon Valley Location
Ideally situated just 8 minutes from Apple Park and 12 minutes from Nvidia, offering an exceptional commute for tech professionals and easy access to major expressways.
- Strategic Educational Advantage
The property offers a residency-based lottery advantage for the top-rated Discovery Charter School and is located near prestigious private institutions like Harker and Stratford.
- High-End Modern Upgrades
Features a remodeled chef's kitchen with a Viking gas range and granite countertops, complemented by a brand-new 2025 water heater and central HVAC for immediate move-in comfort.
CONSRISKS & DEFICIENCIES
- Mid-Century Era Infrastructure
Built in 1963, the home may have aging underlying systems typical of its era that were not fully addressed by the 2017 cosmetic and HVAC renovations.
- Limited Yard Versatility
While the pool provides a resort-like atmosphere, it occupies a significant portion of the 7,015 sqft lot, leaving limited open green space for other outdoor activities.
About 4049 Payne
Welcome to this beautifully updated and maintained home in a prime location where pride of ownership shines. Spacious bedrooms and all newly installed flooring create a fresh, modern feel, while the inviting living area features a cozy fireplace with gas insert. A central HVAC system and brand-new water heater (2025) provide year-round comfort. The remodeled eat-in kitchen (2017) blends style and function with granite countertops, custom cabinetry, a Viking gas range, and 8-foot breakfast bar, complemented by tastefully remodeled bathrooms. The low-maintenance backyard offers a sparkling pool, a Japanese Yuzu tree, and palm trees in both front and back yards, creating a serene, resort-like setting. Ideally located just 8 minutes to Apple Park and 12 minutes to Nvidia, with easy access to Lawrence and San Tomas Expressways, walking distance to the library, close to multiple grocery stores, a future Costco 5 minutes away, and near Westfield Valley Fair, Santana Row, Westgate Center, and the future T&T Asian grocery. Excellent education options nearby include Harker, Stratford, Challenger, Action Day, and highly regarded Discovery Charter School (DCS), a top-rated public charter school that draws buyers to the neighborhood for its strong lottery advantage tied to local residency.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 7,015 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 58% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,769 | 1,646 | 67% |
| Lot Size | 7,015 | 8,156 | 17% |
| Price | $1.99M | $2.00M | 50% |
| Price per sq ft | $1.1K | $1.2K | 50% |
| Built year | 1963 | 1957 | 58% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 151 | 8% |
Pricing History
Listed for Sale
Jan 29, 2026
$1,988,000
Initial Listing
Sold
Nov 3, 2017
$1,250,000
Public Record
Sold
Oct 1, 1999
$382,500
Public Record
Sold
Mar 14, 1995
$250,000
Public Record