
San Jose, California 95116
This Turnkey Condominium represents a Prime Investment Opportunity, listed at $599,988—positioned well below the $612,772 Fair Market Value by 2%. This valuation gap offers $12,784 in Instant Equity for the buyer. Boasting a Mint Condition Rating, the unit features a remodeled kitchen, two master suites, and scenic east hill views. With FHA approval and downpayment assistance available, this property is an ideal acquisition for first-time buyers or commuter-focused professionals seeking a modern, move-in-ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 67 Silcreek Drive Silcreek Drive Subject | $599,988* List Price | 2 | 2 | 1,313 | $467 | - |
A 63 Silcreek Drive Active | $595,000 List Price | 2 | 2 | 1,313 | $453 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1983, the property has undergone a comprehensive recent renovation within the last 5 years. It features a modern kitchen with new stainless steel appliances, updated bathrooms with contemporary shaker-style vanities and stone counters, new flooring throughout, and central AC, making it move-in ready in mint condition.
The property is exceptionally well-located for commuters, offering immediate access to major freeways (101, 280, 680), BART, and express bus routes, placing it within minutes of Silicon Valley's major tech hubs.
Featuring two master suites and a recently remodeled kitchen with new appliances and updated bathrooms, the interior offers a contemporary, move-in-ready living experience with a highly functional floor plan.
As an FHA-approved property with downpayment assistance programs available, this home presents a significant advantage for first-time buyers looking to enter the competitive San Jose market.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3321, other record lot size in square feet = 435.
The monthly HOA fee of $841 is notably high, which may impact a buyer's debt-to-income ratio and overall monthly affordability compared to other units in the area.
With 52 days on the market and a history of multiple price reductions from the original list price, the property may face challenges regarding buyer perception and perceived market value.
Conveniently located in the Alum Rock Corridor in East San Jose. Public Transportation basically at your doorstep (Express Bus Routes) right on the street, within 10 minute drive to Major companies in Silicon Valley, Downtown San Jose for dining and entertainment, shopping at Eastridge, Valley Fair, and Santana Row, Mineta International Airport, Alum Rock Park, Berryessa Bart Station. Under a mile to major freeways, such as 101, 280 & 680 plus light rail. A couple of blocks from Regional Medical Center. The unit boasts of 2 master suites, recently remodeled throughout kitchen with new appliances, updated bathrooms with a skylight on one of them, kitchen with new appliances, central AC, great views of the east hills from the living and dining rooms as well from front patio. 2 car garage with interior access to unit, new washer and dryer included. Community pool, Jacuzzi and dog park. You have to see it to appreciate it. Gated community. FHA APPROVED. DOWNPAYMENT ASSISTANCE PROGRAM AVAILABLE FOR THIS PROPERTY.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,313 | 1,088.503 |
| Lot Size | 3,321 | 1,303.863 |
| Price | $600.0K | $648.7K |
| Price per sq ft | $457 | $614 |
| Built year | 1983 | 1987 |
| HOA | $841.0 | $594 |
| Days on market | 60 | 56 |
Aug 8, 2026
$599,988
$599,998
+0% Price Increase
Initial Listing
Aug 7, 2026
$599,998
$635,000
-6% Price Drop
Initial Listing
Jul 22, 2026
$635,000
$669,999
-5% Price Drop
Initial Listing
Jul 11, 2026
$669,999
Initial Listing
Jul 14, 2021
$610,000
Public Record
Nov 13, 2013
$310,000
Public Record
Aug 27, 2009
$200,000
Public Record
Sep 14, 2004
$345,000
Public Record