, California, San Jose, - bed, bath
ACTIVE$1,199,000
, California
6Beds
2Baths
1,574Sqft
5,700Lot
Year Built
1968
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81894181
Home ConditionTear down
Features
View-
About this home
Price History
Date
Event
Price
05/31/22
Listing
$1,199,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (32 Listings) | |
|---|---|---|---|
| Beds | 6 | 3 | 94% |
| Baths | 2 | 2 | 50% |
| Square foot | 1,574 | 1,238 | 82% |
| Lot Size | 5,700 | 5,500 | 73% |
| Price | $1.2M | $1.04M | 85% |
| Price per square foot | $762 | $810 | 36% |
| Built year | 1968 | 1965 | 61% |
| HOA | |||
| Days on market | 1253 | 117 | 97% |
Condition Rating
Tear down
The property was built in 1968, making it 56 years old. Without any provided images or explicit mention of recent major renovations in the MLS details, it falls under the 'Tear-down' criteria: 'Property was built over 50 years ago with had no major renovations in the past 50 years.' A definitive assessment of the kitchen, bathrooms, and other interior features is impossible without visual information, but based solely on the age and lack of renovation data, it is presumed to require extensive work or be a candidate for redevelopment.
Pros & Cons
Pros
High Bedroom Count: With 6 bedrooms, this property offers significant flexibility for large families, multi-generational living, or potential for multiple home offices, a strong selling point in the San Jose market.
Desirable Location: Located in San Jose, a major Silicon Valley hub, the property benefits from a strong job market, excellent amenities, and a historically appreciating real estate market.
Single Family Residence: As a single-family home, it offers privacy, land ownership, and typically better long-term appreciation compared to attached housing options.
Generous Lot Size: The 5700 sqft lot provides ample outdoor space for landscaping, potential expansion, or recreational use, a valuable asset in an urban environment.
Stable List Price: The current list price matches the original, indicating no price reductions since listing, which can signal seller confidence in the property's value.
Cons
Extended Time on Market: Listed since May 2022, the property has been active for over two years. This extended market time is a significant red flag, suggesting it may be overpriced, have underlying issues, or lack buyer appeal.
Age of Property & Required Updates: Built in 1968, the home is over 50 years old, likely requiring significant updates to major systems (plumbing, electrical, HVAC) and aesthetics to meet modern buyer expectations and standards.
High Bedroom Density / Low Bath Ratio: Six bedrooms with only two bathrooms in 1574 sqft suggests very small room sizes, potentially awkward layouts, or unpermitted conversions, and an inadequate number of bathrooms for the bedroom count, which can be a functional drawback for a large household.