685 Modern Ice Drive, San Jose, California 95112, San Jose, 95112 - 3 bed, 2 bath
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685 Modern Ice Drive
San Jose, California 95112
ACTIVE
CONDITION: GOOD
3Beds
2Baths
1,150Sq Ft
0Lot Size
Property Price
LIST PRICE$799,000
EST. MARKET VALUE
$831,923
3% BelowMARKET VALUE
SUMMARY
This Turnkey Townhouse is a Strong Value Opportunity, listed at $799,000—positioned well below the $831,924 Fair Market Value by 4%. This valuation gap offers $32,924 in Instant Equity for the buyer. Featuring a Good Condition Rating, the home includes a Granite Kitchen, new flooring, and a private balcony. Located near major Silicon Valley employers with low HOA dues, this property balances financial stability with modern convenience. It is an ideal acquisition for first-time buyers or Owner-Occupants seeking a low-maintenance lifestyle.
Estimated Market Value
$831,923+$32,923 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 |
|---|---|---|---|---|---|---|
★ 685 Modern Ice Drive Subject 3 bd · 2 ba · 1,150 sqft · $723 | $799,000* List Price | 3 | 2 | 1,150 | $723 | - |
A 825 Berryessa Sold 3 bd · 3 ba · 1,391 sqft · $664 · 0.1 mi | $923,000 | 3 | 3 | 1,391 | $664 | 0.1 mi |
B 741 Modern Ice Drive Sold 3 bd · 3 ba · 1,391 sqft · $665 · 0.1 mi | $925,000 | 3 | 3 | 1,391 | $665 | 0.1 mi |
C 337 Cereza Place Sold 2 bd · 3 ba · 1,280 sqft · $676 · 0.8 mi | $865,000 | 2 | 3 | 1,280 | $676 | 0.8 mi |
D 796 N 10th Street 1 Sold 2 bd · 3 ba · 1,241 sqft · $725 · 0.4 mi | $900,000 | 2 | 3 | 1,241 | $725 | 0.4 mi |
E 646 Luna Park Drive Active 3 bd · 3 ba · 1,391 sqft · $574 · 0.0 mi | $799,000 List Price | 3 | 3 | 1,391 | $574 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 2007 (17 years old), this property falls within the 10-20 year age bracket for a 'Good' rating. It is well-maintained and move-in ready, benefiting from a recent refresh of new flooring and interior paint. The kitchen features functional stainless steel appliances and granite countertops that appear original but in good condition, and the overall systems and exterior are consistent with a modern, professionally managed community.
PROSSTRENGTHS & OPPORTUNITIES
- Low HOA Fees
At just $304 per month, the association dues are exceptionally low for a modern San Jose townhouse, significantly enhancing monthly affordability and investment yield.
- Turnkey Condition
The property is move-in ready, featuring recent updates such as new flooring, fresh interior paint, and a modern kitchen with granite countertops and stainless steel appliances.
- Strategic Silicon Valley Location
Ideally situated near Downtown San Jose and major tech hubs, this location offers excellent proximity to employment centers and major commute routes.
CONSRISKS & DEFICIENCIES
- Compact Multi-Level Layout
The 1,150 square foot living space is distributed across multiple levels, which may result in smaller individual room sizes and less functional flow for some buyers.
- Modest School Ratings
The assigned public schools currently hold lower ratings (3/10 and 4/10), which could be a deterrent for families prioritizing high-performing school districts.
About 685 Modern Ice Drive
FRESHLY UPDATED SILICON VALLEY TOWNHOME | LOW HOA Built in 2007 and recently refreshed with new flooring and fresh interior paint, this inviting 3BD/2BA multi-level townhome offers approximately 1,150 SF of comfortable, move-in-ready living. Bright, open living and dining spaces are complemented by a well-appointed kitchen with granite countertops, abundant wood cabinetry, stainless steel appliances, gas cooking, and a breakfast bar. Three bedrooms provide flexibility for family, guests, or a home office. Additional highlights include a private balcony and attached garage. Enjoy a beautifully maintained community with mature landscaping and low HOA dues of just $304/month. Conveniently located near shopping, dining, recreation, major commute routes, Downtown San Jose, and Silicon Valley employment centers. An excellent opportunity for convenient, low-maintenance Silicon Valley living.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 2007
- Lot Size
- -
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $304.0 / Month
Neighborhood Insights
San Jose Unified Schools
Peter Burnett Middle School
Grades 6-8 • 0.8 mi
4/10
San Jose High School
Grades 9-12 • 1.3 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,150 | 1,448.469 |
| Lot Size | - | 1,326.75 |
| Price | $799.0K | $970.7K |
| Price per sq ft | $695 | $657 |
| Built year | 2007 | 1997 |
| HOA | $304.0 | $424 |
| Days on market | 23 | 43 |
Pricing History
Listed for Sale
Oct 1, 2026
$799,000
Initial Listing
Sold
Sep 27, 2017
$700,000
Public Record
Sold
Jun 13, 2008
$462,000
Public Record