445 Velasco Drive, San Jose, California 95123, San Jose, 95123 - 4 bed, 3 bath
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445 Velasco Drive
San Jose, California 95123
ACTIVE
CONDITION: GOOD
4Beds
3Baths
1,439Sq Ft
0Lot Size
Property Price
LIST PRICE$875,000
EST. MARKET VALUE
$813,717
7% AboveMARKET VALUE
SUMMARY
This 4-Bedroom Townhouse represents a Strong Value Opportunity, listed at $875,000—positioned above the $813,718 Fair Market Value by 7%. While priced slightly above market, the property offers a Condition Rating of 3, featuring modern LVP flooring, quartz countertops, and a private back patio. Located in the Blossom Valley area, it provides access to highly-rated schools like Santa Teresa High. This move-in ready home is an ideal choice for first-time buyers or growing families seeking a low-maintenance, updated lifestyle in a well-managed community.
Estimated Market Value
$813,717
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 |
|---|---|---|---|---|---|---|
★ 445 Velasco Drive Subject 4 bd · 3 ba · 1,439 sqft · $565 | $875,000* List Price | 4 | 3 | 1,439 | $565 | - |
A 415 Don Seville Ct Sold 3 bd · 2 ba · 1,156 sqft · $536 · 0.1 mi | $620,000 | 3 | 2 | 1,156 | $536 | 0.1 mi |
B 5504 Don Manrico Court Sold 3 bd · 2 ba · 1,156 sqft · $567 · 0.1 mi | $655,000 | 3 | 2 | 1,156 | $567 | 0.1 mi |
C 5485 Don Pizarro Court Sold 2 bd · 2 ba · 950 sqft · $693 · 0.1 mi | $658,577 | 2 | 2 | 950 | $693 | 0.1 mi |
D 5226 Macaw Court Active 3 bd · 3 ba · 1,166 sqft · $755 · 0.6 mi | $880,000 List Price | 3 | 3 | 1,166 | $755 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although built in 1970, the property has undergone a recent cosmetic refresh including new LVP and laminate flooring, fresh interior paint, and quartz countertops in the kitchen. The home is well-maintained and move-in ready with functional updates like double-pane windows and new lighting, though some elements like the kitchen cabinetry and bathroom surrounds remain dated.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Interior Updates
The home features a refreshed kitchen with quartz countertops, new lighting, fresh interior paint, and durable LVP flooring, offering a move-in-ready experience for buyers.
- Rare 4-Bedroom Layout
Finding a 4-bedroom configuration at this price point in Blossom Valley is rare, providing significant utility and space for growing families or those needing a home office.
- Favorable Ownership Structure
Classified as a PUD with a relatively low HOA fee of $360/month, this property offers the benefits of community living with the legal description of a single-family home, often simplifying financing.
CONSRISKS & DEFICIENCIES
- Original Era Infrastructure
Built in 1970, the property may require future capital improvements to aging systems or infrastructure that were not addressed by the recent cosmetic refreshes.
- Inconsistent School Ratings
While the local high school is highly rated, the nearest elementary school has a lower rating of 4, which may be a drawback for families prioritizing top-tier primary education.
About 445 Velasco Drive
Located in Blossom Valley, this rare 4 bedroom, 2.5 bath, 1,439 sq ft home offers beautiful LVP flooring throughout the downstairs, wood laminate upstairs with carpet in 2 of the 4 bedrooms. The recently refreshed kitchen has quartz countertop, newer stainless steel sink, retractable faucet and newer garbage disposal. Fresh interior paint has given this unit a fresh new look. Laundry room is conveniently located inside the home. Other amenities include double pane windows, new lighting, back patio with storage and 2 designated garage spaces. Technically, this home is listed by legal description as a Single Family Home (PUD) on the preliminary title report, but is part of a HOA community with monthly fees of only $360/mo. Will be OPEN Saturday 10/24 from 1-4 PM & Sunday 10/25 from 1-4 PM.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1970
- Lot Size
- -
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $360.0 / Month
Neighborhood Insights
San Jose Unified Schools
Del Roble Elementary School
Grades K-6 • 0.3 mi
4/10
Hayes Elementary School
Grades K-6 • 0.9 mi
5/10
Allen at Steinbeck School
Grades K-5 • 1.0 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,439 | 1,448.469 |
| Lot Size | - | 1,326.75 |
| Price | $875.0K | $970.7K |
| Price per sq ft | $608 | $657 |
| Built year | 1970 | 1997 |
| HOA | $360.0 | $424 |
| Days on market | 2 | 43 |
Pricing History
Listed for Sale
Oct 22, 2026
$875,000
Initial Listing
Sold
Feb 28, 2002
$322,000
Public Record
Sold
Jan 7, 1994
$134,000
Public Record