2 months on rocket

947 Park Ave, San Jose, CA, 95126

$1,550,000

Home List Price

$10,000*

Closing Credit

0 Baths
House

Location

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947 Park Ave, San Jose$1,550,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
Year Built1950
HeatingElectric
MLS #41069817
Lot Size0.10 Acres
StatusActive

About 947 Park Ave

PRIME MIXED-USE, LOW EXPENSE PROPERTY – OVER $10K PER MONTH CASHFLOW: Fantastic opportunity for an owner-user looking for retail space or investor searching for cash flow & upside. Great commuter location in the Sunol-Midtown neighborhood. Walking distance to just about everything (94 Walk Score & 86 Bike Score) and minutes from 5 major rail stations. The subject property has 3 residential units that include: (2) 1-bedroom, 1-bathroom units, (1) 2-bedroom, 1-bathroom unit, and approx. 2,200 SF of ground floor retail, split between two suites. Many upgrades were completed throughout the years, including electrical, new windows, retail upgrades in 2018 (floors & AC), new water heaters, and more. Back structure perfect for potential ADU conversion. Buyers must research and verify ADU feasibility. Must see property.

Property Details

Property Features

Property Information:

  • Year Built: 1950

Listing Office:

  • Office Name: KELLER WILLIAMS TRI VALLEY REALTY
  • Office Phone: (925) 397-4200
  • Listing Agent: Nolan Jones

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Electric

School Info

Assigned Schools Information:

  • Abraham Lincoln High School, Public District Grades 9-12
  • Herbert Hoover Middle School, Public District Grades 6-8
  • Merritt Trace Elementary School, Public District Grades KG-5

Other

Directions Information:

  • Directions: None Cross Street: S. Morrison Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,550,000

Tax Information:

  • Annual Amount: $17,480
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in San Jose, CA.

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San Jose, CA

City

Med. Sold Price

$1.3M

Med. Price/SqFt

$875

Avg. Days On Market

23

# of Sold Homes

480

947 Park Ave vs San Jose

71 DAYS ON ROCKET

+48 Days

$1,550,000

+$152.4K More

KEY TAKEAWAY

This property is $152.4K more than the Median Sold Price in San Jose, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #41069817

Listing Office:

  • Office Name: KELLER WILLIAMS TRI VALLEY REALTY
  • Office Phone: (925) 397-4200
  • Listing Agent: Nolan Jones

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 10/25/2024, 12:20:54 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 03, 2007Home Sold
$1,066,000
Jun 16, 2003Home Sold
$850,000

Tax History

YEARPROP. TAXASSESSMENT
2021$17,480$1,319,301
2020$17,480$1,305,774
2019$16,927$1,280,171
2018$16,927$1,255,071
2017$16,827$1,230,463

History based on county public records data.

Payment Calculator

$7,803

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,713

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-79340
5
/10

  • Merritt Trace Elementary School

  • 651 Dana Ave

  • 0.99 miles

  • Public District Grades KG-5

Middle School

school-card-donut-79341
3
/10

  • Herbert Hoover Middle School

  • 1635 Park Ave

  • 0.92 miles

  • Public District Grades 6-8

High School

school-card-donut-79342
6
/10

  • Abraham Lincoln High School

  • 555 Dana Ave

  • 0.91 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $110,947. The majority of San Jose, CA residents have income between $100k-200k annually. The majority of families are single, no kids. The majority of residents in this area have post secondary degree education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 947 Park Ave

What is the listing price of this property?

The listing price of 947 Park Ave property is $1,550,000.

What type of property is this?

The property 947 Park Ave is a house located in San Jose, California, 95126.

Is this property for sale now?

Active Listing: 947 Park Ave is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 947 Park Ave are:
Merritt Trace Elementary School: GreatSchools Rating 5/10
Herbert Hoover Middle School: GreatSchools Rating 3/10
Abraham Lincoln High School: GreatSchools Rating 6/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $17,480 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 3, 2007 for $1,066,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 947 Park Ave is 1950.

Rocket Homes›California›Santa Clara County›San Jose›95126›947 Park Ave

This home is located at 947 Park Ave in San Jose, CA and zip code 95126 in the Clayton Manor neighborhood. This home, which was built in 1950, sits on a 0.10 acre lot. It has been listed on Rocket Homes since August 15, 2024 and is currently priced at $1,550,000.

In September 2024 more than 283 listings in San Jose, CA were sold above the asking price. During the same period more than 46 listings were sold at asking price, while more than 124 were sold below. In September 2024 in San Jose, CA there were 7.1% more homes for sale than in August 2024. In September 2024, listings were on the market for 23 days. During the same period, the median list price in this real estate market was $1,397,570.

From Rocket Homes Real Estate and based on county public records data.

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