4501 Waterville Drive, San Jose, California 95118, San Jose, 95118 - 1 bed, 1 bath

4501 Waterville Drive, San Jose, California 95118 home-pic-0
ACTIVE$465,000
4501 Waterville Drive, San Jose, California 95118
1Bed
1Bath
771Sqft
Lot

Price Vs. Estimate

Estimation data not available

Key pros and cons

Top Pros:
Extensive Modern Upgrades: The property boasts stylish laminate flooring, energy-efficient dual-pane windows, a dual-zone smart Air Conditioner, stainless kitchen appliances, and a state-of-the-art water softener, offering a move-in ready modern living experience.
Top Cons:
High Monthly HOA Dues: Despite the inclusions, the $474 monthly HOA fee is substantial for a 1-bedroom unit and represents a significant ongoing cost for the owner.

Compared to the nearby listings

Price:$465.0K vs avg $510.0K ($-45,000)10%
Size:771 sqft vs avg 798 sqft10%
Price/sqft:$603 vs avg $63430%

More Insights

Built in 1985 (40 years old).
Condition: The property, built in 1985, has undergone significant functional and aesthetic upgrades, including stylish laminate flooring, energy-efficient dual-pane windows, a dual-zone smart Air Conditioner, and stainless kitchen appliances. While the kitchen cabinets and bathroom vanity/shower enclosure appear dated in style, they are clean and functional. The extensive updates to major systems and finishes make the property move-in ready with no immediate renovation required, aligning with a 'Good' condition score.
Year Built
1985
Close
-
List price
$465K
Original List price
$499K
Price/Sqft
$603
HOA
$474
Days on market
-
Sold On
-
MLS number
ML82020447
Home ConditionGood
Features
Patio
ViewNeighborhood

About this home

Price Improved! This beautiful Townhouse style condo has everything! Elegant living room with access to your private Patio. Space for home office or your favorite hobby. Large bedroom with spacious walk-in closet. In-unit laundry with newer Washer and Dryer! Modern upgrades include stylish laminate flooring throughout, energy-efficient dual-pane windows, dual-zone smart Air Conditioner, stainless kitchen appliances, state of the art water softener. 2 Parking Spaces! Pool and Jacuzzi in the complex. Pet friendly HOA. HOA fee covers: Garbage, Cable TV, High-Speed Internet - all INCLUDED in the HOA fee. Easy to show.

Condition Rating
Good

The property, built in 1985, has undergone significant functional and aesthetic upgrades, including stylish laminate flooring, energy-efficient dual-pane windows, a dual-zone smart Air Conditioner, and stainless kitchen appliances. While the kitchen cabinets and bathroom vanity/shower enclosure appear dated in style, they are clean and functional. The extensive updates to major systems and finishes make the property move-in ready with no immediate renovation required, aligning with a 'Good' condition score.
Pros & Cons

Pros

Extensive Modern Upgrades: The property boasts stylish laminate flooring, energy-efficient dual-pane windows, a dual-zone smart Air Conditioner, stainless kitchen appliances, and a state-of-the-art water softener, offering a move-in ready modern living experience.
Inclusive HOA Benefits: The HOA fee of $474 covers garbage, cable TV, and high-speed internet, simplifying monthly budgeting and adding significant value for residents.
Valuable Community Amenities: Residents have access to desirable complex amenities including a pool and jacuzzi, enhancing lifestyle and recreational opportunities.
Practical In-Unit Conveniences: Features such as in-unit laundry with newer washer and dryer, a spacious walk-in closet, and two dedicated parking spaces provide exceptional convenience and functionality.
Recent Price Reduction: The property has seen a significant price improvement from $499,000 to $465,000, indicating a more competitive offering and potential value for buyers.

Cons

High Monthly HOA Dues: Despite the inclusions, the $474 monthly HOA fee is substantial for a 1-bedroom unit and represents a significant ongoing cost for the owner.
Compact Floor Plan: With 1 bedroom, 1 bathroom, and 771 sqft, the living space is relatively small, which may limit its appeal to singles or couples without plans for expansion.
Condominium Ownership: As a condominium, it entails shared walls and potential HOA rules and restrictions that might not suit all buyers seeking the privacy or autonomy typically associated with a traditional townhouse.

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