2929 Kring Drive, San Jose, California 95125, San Jose, - bed, bath
ACTIVE$1,875,000
2929 Kring Drive, San Jose, California 95125
3Beds
2Baths
1,824Sqft
7,995Lot
Year Built
1954
Close
-
List price
$1.88M
Original List price
$1.88M
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
ML81942912
Home ConditionFair
Features
View-
About this home
Nearby schools
5/10
Schallenberger Elementary School
Public,•K-5•0.4mi
5/10
Willow Glen Middle School
Public,•6-8•1.1mi
6/10
Willow Glen High School
Public,•9-12•1.1mi
Price History
Date
Event
Price
09/22/23
Listing
$1,875,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (120 Listings) | |
|---|---|---|---|
| Beds | 3 | 3 | 50% |
| Baths | 2 | 3 | 50% |
| Square foot | 1,824 | 1,805 | 51% |
| Lot Size | 7,995 | 6,832 | 72% |
| Price | $1.88M | $2M | 40% |
| Price per square foot | $1,028 | $1,122 | 32% |
| Built year | 1954 | 1952 | 51% |
| HOA | |||
| Days on market | 775 | 139 | 99% |
Condition Rating
Fair
The property was built in 1954, making it 70 years old. While the exterior appears well-maintained with updated paint, windows, and a good roof, there are no interior images provided to assess the condition of the kitchen, bathrooms, appliances, flooring, or other critical interior components. Given its age and the absence of visual evidence of recent major renovations, it's highly probable that the interior, particularly the kitchen and bathrooms, would require updates to meet current styles and modern standards, even if functional. Therefore, it falls into the 'Fair' category, suggesting it's aged but maintained, likely needing minor to moderate interior updates.
Pros & Cons
Pros
Desirable Location: Situated in San Jose, a highly sought-after and competitive market, offering strong appreciation potential and access to amenities.
Generous Lot Size: The 7,995 sqft lot provides ample outdoor space, offering potential for landscaping, expansion, or the addition of an Accessory Dwelling Unit (ADU).
Property Type: As a single-family residence, it represents the most in-demand property type in the market, appealing to a broad range of buyers.
Reputable School District: Located within the San Jose Unified School District, a key draw for families, enhancing the property's long-term appeal and value.
Functional Layout: With 3 bedrooms and 2 bathrooms across 1,824 sqft, the property offers a practical and comfortable living space suitable for families.
Cons
Property Age: Built in 1954, the home may require significant updates to its systems (e.g., electrical, plumbing, HVAC) and aesthetics to meet modern buyer expectations, incurring additional costs.
Extended Market Time: Having been on the market since September 2023, its prolonged listing period could suggest overpricing or perceived issues, potentially deterring buyers or leading to lower offers.
High Price Point: The $1.875 million list price, while reflective of the San Jose market, positions it at a premium, potentially limiting the pool of prospective buyers.