414 Patton Avenue, San Jose, California 95128, San Jose, 95128 - 3 bed, 2 bath
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414 Patton Avenue
San Jose, California 95128
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,008Sq Ft
5,813Lot Size
Property Price
LIST PRICE$1,198,888
EST. MARKET VALUE
$1,238,792
3% BelowMARKET VALUE
SUMMARY
This Single Family Residence represents a Strong Value Opportunity, listed at $1,198,888—positioned well below the $1,238,792 Fair Market Value by 3%. This valuation gap offers $39,904 in Instant Equity. Featuring a Condition Rating of 4, the home includes a converted garage studio and refinished hardwood floors. Its proximity to Santana Row and major freeways enhances its appeal. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a versatile asset with significant long-term potential.
Estimated Market Value
$1,238,792+$39,904 Equity Potential
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 |
|---|---|---|---|---|---|---|
★ 414 Patton Avenue Subject | $1,198,888* List Price | 3 | 2 | 1,008 | $1,229 | - |
A 975 Princess Anne Drive Sold | $1,200,000 | 3 | 1 | 1,038 | $1,156 | 1.0 mi |
B 954 Broadleaf Lane Sold | $1,360,000 | 3 | 1 | 1,134 | $1,199 | 0.8 mi |
C 425 Rutland Avenue Sold | $1,035,000 | 2 | 1 | 952 | $1,087 | 0.5 mi |
D 880 Sherman Oaks Drive Pending | $1,198,000 List Price | 3 | 1 | 1,192 | $1,005 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1947, this 77-year-old home has received recent cosmetic 'refresh' updates including a new roof, fresh paint, and refinished hardwood floors. However, the kitchen appears to have older cabinetry and countertops despite a new stove, and the 'as-is' sale preference typically indicates that major systems (HVAC/Plumbing/Electric) have not been fully modernized. The property is functional and move-in ready but remains a dated structure requiring further updates.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location
The property is ideally situated near Santana Row and Westfield Valley Fair, offering residents premier access to high-end shopping, dining, and major commute arteries like I-280 and I-880.
- Income & Versatility Potential
The converted garage functions as a studio-style living space with a full bathroom, providing excellent potential for rental income, a private home office, or a guest suite.
- Recent Modern Updates
Significant improvements including a new roof, refinished hardwood floors, fresh paint, and a new gas stove provide immediate value and reduce near-term maintenance costs for the buyer.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
- Limited Interior Square Footage
At just 1,008 square feet for a three-bedroom configuration, the living spaces may feel cramped for families or buyers accustomed to more modern, spacious layouts.
- As-Is Sale Condition
The seller's preference to sell the property in its present as-is condition may necessitate additional buyer due diligence and budgeting for potential underlying repairs common in 1940s-era homes.
About 414 Patton Avenue
Welcome to this charming, sweet and inviting home with the open floor plan, a spacious family room that creates wonderful living space. The home offers three bedrooms, included a converted garage as a studio-style living space with a full small bathroom, can be used as a third guest bedroom, home office, or rent for extra income. The home features updates, including a newly roof, modern electric fireplace, new paint, new gas stove and beautiful refinished hardwood floors. The big backyard provides room for outdoor entertaining, relaxation, and potential for an ADU. Home closes to Santana Row, Westfield Valley Fair, shopping, dining, entertainment and major freeways 280 and 880. It has a lot of potential, perfect for first time home buyers and investors!! Sellers prefer to sell the property in its present as-is condition.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 5,813 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
San Jose Unified Schools
Merritt Trace Elementary School
Grades K-5 • 0.8 mi
4/10
Gardner Elementary School
Grades K-5 • 2.1 mi
4/10
Horace Mann Elementary School
Grades K-5 • 3.0 mi
4/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,008 | 1,706.046 |
| Lot Size | 5,813 | 6,261.966 |
| Price | $1.20M | $1.68M |
| Price per sq ft | $1.2K | $979 |
| Built year | 1947 | 1965 |
| HOA | $0 | $200 |
| Days on market | 5 | 37 |
Pricing History
Listed for Sale
Sep 4, 2026
$1,198,888
Initial Listing
Sold
May 11, 2023
$1,154,000
Public Record