48 N Cragmont Ave, San Jose, California 95127, San Jose, 95127 - 4 bed, 2 bath
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48 N Cragmont Ave
San Jose, California 95127
ACTIVE
CONDITION: GOOD
4Beds
2Baths
1,505Sq Ft
7,888Lot Size
Property Price
LIST PRICE$1,099,888
EST. MARKET VALUE
$1,168,768
5% BelowMARKET VALUE
SUMMARY
This Spacious Traditional Home represents a Strong Value Opportunity, listed at $1,099,888—positioned well below the $1,168,768 Fair Market Value by 5%. This valuation gap provides $68,880 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home includes modern energy upgrades and a versatile in-law quarter on a generous 7,888 sq. ft. lot. With distant mountain views and a prime San Jose location, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking long-term value.
Estimated Market Value
$1,168,768+$68,880 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 |
|---|---|---|---|---|---|---|
★ 48 N Cragmont Ave Subject | $1,099,888* List Price | 4 | 2 | 1,505 | $777 | - |
A 113 Cedar Lane Sold | $1,150,000 | 3 | 2 | 1,225 | $939 | 0.7 mi |
B 198 S Cragmont Ave Sold | $850,000 | 3 | 2 | 1,056 | $805 | 0.3 mi |
C 317 Dale Drive Sold | $1,250,000 | 3 | 2 | 1,368 | $914 | 0.6 mi |
D 4117 Gion Avenue Sold | $1,030,000 | 2 | 1 | 1,152 | $894 | 0.4 mi |
E 3424 Dominick Court Sold | $1,110,000 | 3 | 2 | 1,203 | $923 | 0.9 mi |
F 14391 Victoria Ct Sold | $900,000 | 3 | 1 | 960 | $938 | 1.0 mi |
G 14705 E Hills Drive Sold | $1,000,060 | 3 | 2 | 1,352 | $740 | 0.7 mi |
H 3377 Gawain Sold | $1,038,000 | 3 | 1 | 1,407 | $738 | 0.9 mi |
I 78 Clareview Avenue Active | $1,098,000 List Price | 3 | 2 | 1,573 | $698 | 0.2 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 1947, the home features significant modern updates that move it beyond the 'Fair' category. The bathrooms have been recently renovated with contemporary vessel sinks and tiling, and the home includes modern systems like central air conditioning and dual-pane windows. The kitchen is well-maintained with updated stainless steel appliances, though the tile countertops are slightly dated. Overall, the property is in move-in ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7888, living area = 1505.
- Flexible Living Layout
The inclusion of a dedicated in-law quarter provides exceptional versatility for multi-generational living, guest accommodations, or a private home office setup.
- Modern Energy Upgrades
The home features significant efficiency improvements, including central air conditioning, dual-pane windows, skylights, and energy-saving insulation, ensuring modern comfort in a classic structure.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1505, other record living area = 1317. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 3.
- High Bedroom Density
With four bedrooms configured within approximately 1,505 square feet, the individual room sizes and common areas may feel compact or constrained.
- Vintage Structural Age
Originally constructed in 1947, the property may require more frequent maintenance or future updates to aging infrastructure typical of mid-century homes.
About 48 N Cragmont Ave
Welcome to a charming single-story home offering 4 bedrooms, 2 bathrooms, and approximately 1,505 square feet of living space on a generous 7,888 sq. ft. lot. This traditional home blends classic character with modern updates. Inside, you'll find hardwood, laminate, and tile flooring, updated bathrooms, and a bright living room featuring a cozy gas fireplace. The spacious layout includes an in-law quarter, offering flexibility for extended family, guests, or a home office. The kitchen and living areas are complemented by central air conditioning, ceiling fans, dual-pane windows, skylights, and energy-saving insulation for year-round comfort. Step outside to enjoy the beautifully landscaped front and back yards, complete with a fenced yard, garden space, covered porch, and plenty of room for outdoor entertaining or play. An attached two-car garage and convenient San Jose location near schools, shopping, dining, parks, and major commuter routes make this a wonderful place to call home!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 7,888 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 |
|---|---|---|
| Beds | 4.0 | 4.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,505 | 1,706.046 |
| Lot Size | 7,888 | 6,261.966 |
| Price | $1.10M | $1.68M |
| Price per sq ft | $731 | $979 |
| Built year | 1947 | 1965 |
| HOA | $0 | $200 |
| Days on market | 15 | 37 |
Pricing History
Listed for Sale
Aug 25, 2026
$1,099,888
Initial Listing
Sold
May 23, 2013
$380,000
Public Record