445 Colfax Drive, San Jose, California 95123, San Jose, 95123 - 3 bed, 2 bath
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San Jose, California 95123
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $1,299,000—positioned well below the $1,354,167 Fair Market Value by 4%. This valuation gap provides $55,167 in Instant Equity. With a Mint Condition Rating and over $350k in recent infrastructure upgrades, including solar panels and a modern HVAC system, the home offers immediate efficiency. Featuring a professionally landscaped backyard with a Redwood Pergola, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready, high-performance home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 445 Colfax Drive Subject | $1,299,000* List Price | 3 | 2 | 1,195 | $1,133 | - |
A 5841 Arapaho Drive Sold | $1,250,000 | 3 | 2 | 1,128 | $1,108 | 0.6 mi |
B 481 Sioux Lane Sold | $1,435,000 | 3 | 2 | 1,208 | $1,188 | 0.3 mi |
C 6020 Colter Place Sold | $1,625,000 | 4 | 2 | 1,228 | $1,323 | 0.9 mi |
D 5756 Pontiac Sold | $1,600,000 | 3 | 2 | 1,347 | $1,188 | 0.5 mi |
E 619 Pima Drive Sold | $1,350,000 | 3 | 2 | 1,347 | $1,002 | 0.5 mi |
F 222 Omira Drive Sold | $1,085,000 | 3 | 2 | 1,237 | $877 | 0.8 mi |
G 6093 Blacklock Ct Sold | $1,342,000 | 3 | 2 | 1,143 | $1,174 | 0.9 mi |
H 503 Chinook Sold | $1,540,000 | 3 | 2 | 1,525 | $1,010 | 0.4 mi |
I 464 Ridgefarm Drive Pending | $1,348,000 List Price | 3 | 2 | 1,409 | $957 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1965, the property has undergone a comprehensive $350k renovation within the last few years. It features a modern kitchen with high-end finishes, and all major systems have been replaced or upgraded, including a 200-amp electrical panel, copper repiping, new HVAC, solar panels, and a tankless water heater. The home is in mint, move-in ready condition.
With over $350k invested, the property features critical modernizations including a full copper repipe, new sewer lines, a 200 Amp service panel, and solar panels, offering significant long-term value and peace of mind.
The backyard is a professionally curated oasis featuring a redwood pergola, custom pavers, a lighting system, and a vegetable garden, providing an exceptional environment for entertaining and relaxation.
Equipped with a tankless water heater, water softener, and a newer A/C unit, this home combines mid-century charm with modern efficiency and climate control.
At 1,195 square feet for a three-bedroom residence, the interior living spaces may feel compact for growing families or those accustomed to more expansive modern floor plans.
While the property is located near several schools, the local high school carries a mid-range rating of 5, which may be a consideration for education-focused buyers.
Over $350k in Investment Upgrades!!! Upgrades Include: Full Copper Repipe, Sewer Drain Lines, Air Conditioning (A/C) Unit, 200 Amp Service Panel, Solar Panels, Tankless Water Heater, Water Softener, Garage Attic, Backyard Fence, Pavers, Backyard Lighting System, Redwood Pergola, Vegetable Garden, and MUCH MORE!!! Naturally Bright Home with an Open Floor Plan. Stainless Steel Appliances. Attached 2-Car Garage. Move-in Ready!!!
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 5-8 • 0.9 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,195 | 1,683.5 |
| Lot Size | 6,000 | 6,300 |
| Price | $1.30M | $1.70M |
| Price per sq ft | $1.1K | $1000 |
| Built year | 1965 | 1966 |
| HOA | $0 | $160 |
| Days on market | 13 | 35 |
Jul 10, 2026
$1,299,000
Initial Listing
Mar 7, 2019
$930,000
Public Record
Sep 2, 2015
$705,000
Public Record
May 21, 2012
$405,000
Public Record